EX-12.1 2 h56634exv12w1.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,  
    2008     2007  
Earnings:
                
Income from continuing operations before income taxes
   $ 66,473     $ 58,214  
Add fixed charges (from below)
     36,064       40,040  
 
            
 
   $ 102,537     $ 98,254  
 
            
 
                
Fixed charges:
                
Interest expense:
                
Corporate
   $ 33,074     $ 35,483  
Amortization of deferred financing costs
     995       2,114  
Implicit interest in rental expense
     1,995       2,443  
 
            
Fixed charges
   $ 36,064     $ 40,040  
 
            
Ratio (earnings divided by fixed charges)
     2.84       2.45