EX-12.1 2 exhibit1212013630.htm EXHIBIT 12.1 Exhibit 12.1 2013.6.30


Exhibit 12.1

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

 
Three months ended
June 30,
Six months ended
June 30,
 
2013
2012
2013
2012
Earnings:
 
 
 
 
Pretax income
$
56,143

$
63,574

$
150,155

$
135,009

Add fixed charges as adjusted (from below)
34,690

35,794

69,518

71,284

 
$
90,833

$
99,368

$
219,673

$
206,293

Fixed charges:
 
 
 
 
Interest expense:
 
 
 
 
Corporate
$
31,489

$
32,682

$
63,023

$
65,076

Amortization of deferred financing costs
1,251

1,212

2,486

2,406

1/3 of rental expense
1,950

1,900

4,009

3,802

Fixed charges
$
34,690

$
35,794

$
69,518

$
71,284

Ratio (earnings divided by fixed charges)
2.62

2.78

3.16

2.89