EX-12.1 2 exhibit121fixedchargesrati.htm FIXED CHARGES
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The ratio of earnings to fixed charges is shown below.

|  | Year ended September 30,
|  | 2015 |  | 2014 |  | 2013 |  | 2012 |  | 2011
|  | (in millions)
Income (loss) before income taxes |  | $ | 50.7 |  |  | $ | 73.5 |  |  | $ | 44.2 |  |  | $ | 2.7 |  |  | $ | (12.9 | )
Fixed charges: |  |  |  |  |  |  |  |  |  |
Total interest including amortization of debt discount and issue costs |  | $ | 34.0 |  |  | $ | 50.0 |  |  | $ | 52.0 |  |  | $ | 60.2 |  |  | $ | 65.9 |
Estimated interest within rent expense |  | 3.5 |  |  | 3.1 |  |  | 2.8 |  |  | 2.8 |  |  | 2.8 |
Total fixed charges charges |  | $ | 37.5 |  |  | $ | 53.1 |  |  | $ | 54.8 |  |  | $ | 63.0 |  |  | $ | 68.7 |
Earnings (1) |  | $ | 88.2 |  |  | $ | 126.6 |  |  | $ | 99.0 |  |  | $ | 65.7 |  |  | $ | 55.8 |
Ratio of earnings to fixed charges (2) |  | 2.4 |  |  | 2.4 |  | 1.8 |  |  | 1.0 |  |  | — |

(1) | For these ratios, “earnings” represents income (loss) before income taxes plus fixed charges.

(2) | Due to losses during 2011, the ratio of earnings to fixed charges was less than 1.0. The deficiency of earnings to total fixed charges was $12.9 million.