EX-12 2 exhibit123-31x18.htm EXHIBIT 12 Exhibit


Exhibit 12


SILGAN HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)


The following table sets forth Silgan Holdings Inc.’s computation of its ratio of earnings to fixed charges for the three months ended March 31:

 
 
 
 
 
 
 
2018
 
2017
 
 
(Dollars in thousands)
Earnings before fixed charges:
 
 
 
 
Income before income taxes
 
$
61,701

 
$
33,667

Interest and other debt expense (1)
 
30,481

 
23,095

Interest portion of rental expense
 
371

 
199

Earnings before fixed charges
 
$
92,553

 
$
56,961

 
 
 
 
 
Fixed charges:
 
 

 
 

Interest and other debt expense (1)
 
$
30,481

 
$
23,095

Interest portion of rental expense
 
371

 
199

Capitalized interest
 
228

 
121

Total fixed charges
 
$
31,080

 
$
23,415

 
 
 
 
 
Ratio of earnings to fixed charges
 
2.98

 
2.43



(1) Includes a loss on early extinguishment of debt of $2.7 million for the three months ended March 31, 2017.