EX-12.1 2 exhibit1212015630.htm EXHIBIT 12.1 Exhibit 12.1 2015.6.30


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,
 
2015
2014
2015
2014
Earnings:
 
 
 
 
Pretax income
$
84,489

$
69,316

$
182,607

$
133,274

Add fixed charges as adjusted (from below)
45,402

48,917

90,708

96,805

 
$
129,891

$
118,233

$
273,315

$
230,079

Fixed charges:
 
 
 
 
Interest expense:
 
 
 
 
Corporate
$
40,539

$
44,102

$
81,056

$
87,255

Amortization of deferred financing costs
2,443

2,205

4,865

4,048

Portion of rent representative of interest
2,420

2,610

4,787

5,502

Fixed charges
$
45,402

$
48,917

$
90,708

$
96,805

Ratio (earnings divided by fixed charges)
2.86

2.42

3.01

2.38