EX-12.1 3 exhibit12112312011.htm EX-12.1 SCI-12.31.2011-10K-Ex. 12.1


Exhibit 12.1

SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)

 
Twelve months ended December 31,
 
2011
2010
2009
2008
2007
Earnings:
 
 
 
 
 
Pretax income
$
225,636

$
219,459

$
199,368

$
163,295

$
386,987

Add fixed charges as adjusted (from below)
140,798

135,137

135,341

141,924

155,643

 
$
366,434

$
354,596

$
334,709

$
305,219

$
542,630

Fixed charges:
 








Interest expense:
 
 
 
 
 
Corporate
$
129,346

$
123,930

$
121,406

$
130,701

$
140,593

Amortization of deferred financing costs
4,436

4,266

7,575

3,573

6,261

1/3 of rental expense
7,016

6,941

6,360

7,650

8,789

Fixed charges
$
140,798

$
135,137

$
135,341

$
141,924

$
155,643

Ratio (earnings divided by fixed charges)
2.60

2.62

2.47

2.15

3.49