Exhibit 12.1

Standard Pacific Corp.

Ratio of Earnings to Fixed Charges - Continuing Operations

(Dollars in thousands)

	Six Months Ended June 30,				Year Ended December 31,
	2015		2014		2014			2013		2012			2011			2010
Earnings:
Net income (loss) from continuing operations	$	88,803	$	94,622	$	215,865		$	188,715	$	531,421		$	(16,417	)	$	(11,724	)
Add:
Cash distributions of income from unconsolidated joint ventures		592		1,875		1,875			3,375		3,910			20			—
Provision (benefit) for income taxes		49,215		58,839		134,099			68,983		(453,234	)		(56	)		(557	)
Homebuilding interest amortized to cost of sales and interest expense		59,201		54,799		123,112			121,778		110,298			94,804			100,739
Interest portion of rent expense		250		250		500			500		500			500			500
Less:
Income (loss) from unconsolidated joint ventures		502		899		(668	)		949		(2,090	)		207			1,166
Earnings:	$	197,559	$	209,486	$	476,119		$	382,402	$	194,985		$	78,644		$	87,792
Fixed charges:
Homebuilding interest incurred	$	83,660	$	76,427	$	153,695		$	140,865	$	141,827		$	140,905		$	110,358
Interest portion of rent expense		250		250		500			500		500			500			500
Fixed Charges	$	83,910	$	76,677	$	154,195		$	141,365	$	142,327		$	141,405		$	110,858
Ratio of Earnings to Fixed Charges		2.4		2.7		3.1			2.7		1.4			0.6			0.8
Amount of additional earnings needed to cover fixed charges:	$	—	$	—	$	—		$	—	$	—		$	62,761		$	23,066