EX-12.1 4 ex12_1.htm EXHIBIT 12.1 ex12_1.htm
Exhibit 12.1

Compass Minerals International, Inc.
Computation of Ratios of Earnings to Fixed Charges
(in millions)
                   
Year ended December 31,
  
2012
    
2011
    
2010
  
Earnings:
                  
Net earnings before income taxes
   $ 111.3     $ 197.3     $ 195.2  
Less: capitalized interest
     (1.4 )     (0.8 )     (1.3 )
Plus: fixed charges
     22.2       25.0       26.9  
    $ 132.1     $ 221.5     $ 220.8  
                         
Fixed Charges:
                        
Interest charges
   $ 18.2     $ 21.0     $ 22.7  
Capitalized interest
     1.4       0.8       1.3  
Plus interest factor in operating rent expense
     2.6       3.2       2.9  
    $ 22.2     $ 25.0     $ 26.9  
                         
Ratio of earnings to fixed charges
     5.95 x      8.86 x      8.21 x