EX-12.1 3 sci-12312012x10kxex121.htm EXHIBIT 12.1 SCI-12.31.2012-10K-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,
 
2012
2011
2010
2009
2008
Earnings:
 
 
 
 
 
Pretax income
$
245,683

$
225,636

$
219,459

$
199,368

$
163,295

Add fixed charges as adjusted (from below)
142,634

140,798

135,137

135,341

141,924

 
$
388,317

$
366,434

$
354,596

$
334,709

$
305,219

Fixed charges:
 








Interest expense:
 
 
 
 
 
Corporate
$
130,163

$
129,346

$
123,930

$
121,406

$
130,701

Amortization of deferred financing costs
4,905

4,436

4,266

7,575

3,573

1/3 of rental expense
7,566

7,016

6,941

6,360

7,650

Fixed charges
$
142,634

$
140,798

$
135,137

$
135,341

$
141,924

Ratio (earnings divided by fixed charges)
2.72

2.60

2.62

2.47

2.15