EX-12.1 2 eeft6302016ex121.htm EXHIBIT 12.1 Exhibit
EXHIBIT 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)


 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(dollar amounts in thousands)
 
2016
 
2015
 
2016
 
2015
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
70,754

 
$
36,864

 
$
108,981

 
$
50,986

Add:
 
 
 
 
 
 
 
 
Fixed charges
 
9,337

 
7,885

 
17,579

 
15,142

Adjusted pretax income
 
$
80,091

 
$
44,749

 
$
126,560

 
$
66,128

Fixed charges:
 
 
 
 
 
 
 
 
Interest expense
 
$
6,958

 
$
6,094

 
$
13,244

 
$
11,792

Estimate of interest within rental expense
 
2,379

 
1,791

 
4,335

 
3,350

Total fixed charges
 
$
9,337

 
$
7,885

 
$
17,579

 
$
15,142

Ratio of earnings to fixed charges
 
8.6

 
5.7

 
7.2

 
4.4