EX-12.1 2 d445339dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

TREEHOUSE FOODS, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 

     Year Ended
December 31, 2012		     Year Ended
December 31, 2011		     Year Ended
December 31, 2010		  

Earnings:

       

Income before income taxes

    $ 124,209      $ 139,798      $ 136,400   

Add:

       

Fixed charges

      69,246        71,045        56,955   

Amortization of interest, net of capitalized interest

      (343 )      (451 )      (66 ) 

Other

      374        64        66   
  

 

 

    

 

 

    

 

 

  

Earnings available for fixed charges (a)

    $ 193,486      $ 210,455      $ 193,355   
  

 

 

    

 

 

    

 

 

  

Fixed charges:

       

Interest expense

    $ 51,609      $ 53,023      $ 45,691   

Capitalized interest and tax interest

      568        748        237   

One third of rental expense (1)

      17,069        17,274        11,027   
  

 

 

    

 

 

    

 

 

  

Total fixed charges (b)

    $ 69,246      $ 71,045      $ 56,955   
  

 

 

    

 

 

    

 

 

  

Ratio of earnings to fixed charges (a/b)

      2.79        2.96        3.39   
  

 

 

    

 

 

    

 

 

  

 

(1) 

Considered to be representative of interest factor in rental expense.