EX-12.1 2 exhibit121fixedchargesrati.htm EXHIBIT 12.1
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,
|  | 2017 |  | 2016 |  | 2015 |  | 2014 |  | 2013
|  | (in millions)
Income before income taxes |  | $ | 78.5 |  |  | $ | 69.3 |  |  | $ | 20.8 |  |  | $ | 30.3 |  |  | $ | 3.0 |
Fixed charges: |  |  |  |  |  |  |  |  |  |
Total interest including amortization of debt discount and issue costs |  | $ | 30.3 |  |  | $ | 30.1 |  |  | $ | 50.0 |  |  | $ | 52.0 |  |  | $ | 60.2 |
Estimated interest within rent expense |  | 2.0 |  |  | 3.4 |  |  | 3.1 |  |  | 2.8 |  |  | 2.8 |
Total fixed charges charges |  | $ | 32.3 |  |  | $ | 33.5 |  |  | $ | 53.1 |  |  | $ | 54.8 |  |  | $ | 63.0 |
Earnings (1) |  | $ | 110.8 |  |  | $ | 102.8 |  |  | $ | 73.9 |  |  | $ | 85.1 |  |  | $ | 66.0 |
Ratio of earnings to fixed charges |  | 3.4 |  |  | 3.1 |  | 1.4 |  |  | 1.6 |  |  | 1.0 |

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