EX-12.1 2 exhibit1212012930.htm EX-12.1 Exhibit 12.1 2012.9.30


Exhibit 12.1

SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)

 
Three months ended
September 30,
Nine months ended
September 30,
 
2012
2011
2012
2011
Earnings:
 
 
 
 
Pretax income
$
63,925

$
44,042

$
198,934

$
152,863

Add fixed charges as adjusted (from below)
35,382

34,653

106,666

105,573

 
$
99,307

$
78,695

$
305,600

$
258,436

Fixed charges:
 
 
 
 
Interest expense:
 
 
 
 
Corporate
$
32,339

$
32,144

$
97,415

$
97,217

Amortization of deferred financing costs
1,229

894

3,635

3,259

1/3 of rental expense
1,814

1,615

5,616

5,097

Fixed charges
$
35,382

$
34,653

$
106,666

$
105,573

Ratio (earnings divided by fixed charges)
2.81

2.27

2.87

2.45