EX-12.1 3 a2233759zex-12_1.htm EX-12.1

Exhibit 12.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

 

2012

 

2013

 

2014

 

2015

 

2016

 

2017

 

2016

 

2017

 

EARNINGS AS DEFINED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing opertions, before income taxes

 

$

437,577

 

$

463,057

 

$

312,233

 

$

349,294

 

$

(1,159,147

)

$

(23,612

)

$

81,189

 

$

(9,136

)

Fixed charges

 

91,805

 

81,713

 

102,268

 

102,965

 

77,653

 

94,367

 

44,824

 

51,746

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculated earnings

 

$

529,382

 

$

544,770

 

$

414,501

 

$

452,259

 

$

(1,081,494

)

$

70,755

 

$

126,013

 

$

42,610

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges, as defined

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense - Continuing operations

 

63,738

 

64,105

 

79,092

 

81,086

 

62,101

 

75,124

 

35,223

 

34,346

 

Interest expense - Discontinued operations

 

68

 

—

 

—

 

—

 

—

 

—

 

—

 

—

 

Interest factor on rent expense

 

13,869

 

13,422

 

14,528

 

12,167

 

11,648

 

13,690

 

7,025

 

9,580

 

Amortization included in interest expense

 

9,601

 

3,638

 

6,702

 

8,135

 

3,904

 

5,553

 

2,576

 

7,820

 

Accretion of discount on debt

 

4,529

 

548

 

1,946

 

1,577

 

—

 

—

 

—

 

—

 

Total fixed charges as defined

 

$

91,805

 

$

81,713

 

$

102,268

 

$

102,965

 

$

77,653

 

$

94,367

 

$

44,824

 

$

51,746

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

5.8

 

6.7

 

4.1

 

4.4

 

(13.9

)

0.7

 

2.8

 

0.8