EX-12.1 2 exhibit1212014331.htm EXHIBIT 12.1 Exhibit 12.1 2014.3.31


Exhibit 12.1

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

 
Three months ended
March 31,
 
2014
2013
Earnings:
 
 
Pretax income
$
64,098

$
94,012

Add fixed charges as adjusted (from below)
47,888

34,828

 
$
111,986

$
128,840

Fixed charges:
 
 
Interest expense:
 
 
Corporate
$
43,152

$
31,534

Amortization of deferred financing costs
1,844

1,235

1/3 of rental expense
2,892

2,059

Fixed charges
$
47,888

$
34,828

Ratio (earnings divided by fixed charges)
2.34

3.70