EX-12.1 2 h77017exv12w1.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     Nine months ended  
    September 30,     September 30,  
    2010     2009     2010     2009  
Earnings:
                                
Pretax income
   $ 28,621     $ 49,965     $ 147,487     $ 144,528  
Add fixed charges as adjusted (from below)
     33,239       30,856       101,218       98,313  
 
                        
 
   $ 61,860     $ 80,821     $ 248,705     $ 242,841  
 
                        
Fixed charges:
                                
Interest expense:
                                
Corporate
   $ 30,560     $ 28,551     $ 93,058     $ 90,913  
Amortization of deferred financing costs
     937       832       3,223       2,526  
1/3 of rental expense
     1,742       1,473       4,937       4,874  
 
                        
Fixed charges
   $ 33,239     $ 30,856     $ 101,218     $ 98,313  
 
                        
Ratio (earnings divided by fixed charges)
     1.86       2.62       2.46       2.47