EX-12.1 2 h74523exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
                                 
    Three months ended     Six months ended  
    June 30,     June 30,  
    2010     2009     2010     2009  
Earnings:
                                
Pretax income
   $ 67,425     $ 39,902     $ 118,866     $ 94,563  
Add fixed charges as adjusted (from below)
     34,109       33,989       67,979       67,457  
 
                        
 
   $ 101,534     $ 73,891     $ 186,845     $ 162,020  
 
                        
Fixed charges:
                                
Interest expense:
                                
Corporate
   $ 31,458     $ 31,590     $ 62,498     $ 62,362  
Amortization of deferred financing costs
     1,025       796       2,286       1,694  
1/3 of rental expense
     1,626       1,603       3,195       3,401  
 
                        
Fixed charges
   $ 34,109     $ 33,989     $ 67,979     $ 67,457  
 
                        
Ratio (earnings divided by fixed charges)
     2.98       2.17       2.75       2.40