EX-12.1 5 d277604dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of computation of ratio of earnings to fixed charges

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

 

     Historical  
     Years Ended September 30,  
     2007     2008     2009     2010     2011  

Pre-tax income

   $ 159,959      $ 244,775      $ 296,431      $ 319,979      $ 324,847   

Interest expense

     1,689        1,410        2,293        2,725        4,530   

Captialized interest

     2,641        2,606        8,786        3,937        8,218   

Earnings

   $ 161,648      $ 246,185      $ 298,724      $ 322,704      $ 329,377   

Ratio of earnings to fixed charges

     37.3     61.3     27.0     48.4     25.8

For purposes of this table, “earnings” consists of income before income taxes plus fixed charges and less capitalized interest. “Fixed charges” consists of interest expense and capitalized interest.