EX-12.1 3 sci-12312013x10kxex121.htm EXHIBIT 12.1 SCI-12.31.2013-10K-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,
 
2013
2012
2011
2010
2009
Earnings:
 
 
 
 
 
Pretax income
$
245,719

$
245,683

$
225,636

219,459

199,368

Add fixed charges as adjusted (from below)
150,410

142,634

140,798

135,137

135,341

 
$
396,129

$
388,317

$
366,434

$
354,596

$
334,709

Fixed charges:
 
 
 
 
 
Interest expense:
 
 
 
 
 
Corporate
135,442

130,163

129,346

123,930

121,406

Amortization of deferred financing costs
6,918

4,905

4,436

4,266

7,575

1/3 of rental expense
8,050

7,566

7,016

6,941

6,360

Fixed charges
$
150,410

$
142,634

$
140,798

$
135,137

$
135,341

Ratio (earnings divided by fixed charges)
2.63

2.72

2.60

2.62

2.47