EX-12.1 2 exhibit1212013930.htm EXHIBIT 12.1 Exhibit 12.1 2013.9.30


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,
 
2013
2012
2013
2012
Earnings:
 
 
 
 
Pretax income
$
45,882

$
63,925

$
196,037

$
198,934

Add fixed charges as adjusted (from below)
40,072

35,382

109,591

106,666

 
$
85,954

$
99,307

$
305,628

$
305,600

Fixed charges:
 
 
 
 
Interest expense:
 
 
 
 
Corporate
$
36,569

$
32,339

$
99,592

$
97,415

Amortization of deferred financing costs
1,511

1,229

3,997

3,635

1/3 of rental expense
1,992

1,814

6,002

5,616

Fixed charges
$
40,072

$
35,382

$
109,591

$
106,666

Ratio (earnings divided by fixed charges)
2.14

2.81

2.79

2.87