EX-12.1 3 h46380exv12w1.htm RATIO OF EARNINGS TO FIXED CHARGES exv12w1
 

Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
                 
    Three months ended  
    March 31,  
    2007     2006  
Earnings:
                
Income from continuing operations before income taxes
   $ 58,214     $ 42,422  
Add fixed charges (from below)
     40,040       28,936  
 
            
 
   $ 98,254     $ 71,358  
 
            
Fixed charges:
                
Interest expense:
                
Corporate
   $ 35,483     $ 24,177  
Amortization of deferred financing costs
     2,114       2,551  
Implicit interest in rental expense
     2,443       2,208  
 
            
Fixed charges
   $ 40,040     $ 28,936  
 
            
Ratio (earnings divided by fixed charges)
     2.46       2.47