EX-12.1 2 exhibit1212015930.htm EXHIBIT 12.1
Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)

| Three months ended September 30, | Nine months ended September 30,
| 2015 | 2014 | 2015 | 2014
Earnings: |  |  |  |
Pretax income | $ | 74,045 |  | $ | 91,735 |  | $ | 256,652 |  | $ | 225,009 |
Add fixed charges as adjusted (from below) | 46,415 |  | 46,139 |  | 137,123 |  | 142,944 |
| $ | 120,460 |  | $ | 137,874 |  | $ | 393,775 |  | $ | 367,953 |
Fixed charges: |  |  |  |
Interest expense: |  |  |  |
Corporate | $ | 41,565 |  | $ | 40,989 |  | $ | 122,621 |  | $ | 128,243 |
Amortization of deferred financing costs | 2,356 |  | 2,387 |  | 7,221 |  | 6,436 |
Portion of rent representative of interest | 2,494 |  | 2,763 |  | 7,281 |  | 8,265 |
Fixed charges | $ | 46,415 |  | $ | 46,139 |  | $ | 137,123 |  | $ | 142,944 |
Ratio (earnings divided by fixed charges) | 2.60 |  | 2.99 |  | 2.87 |  | 2.57 |