Exhibit 12.1
|
|
|
Fiscal Year Ended July 31, |
|
Nine months |
| ||||||||||||||
|
Earnings |
|
2012 |
|
2013 |
|
2014 |
|
2015 |
|
2016 |
|
2017 |
| ||||||
|
Pre-tax income from continuing operations |
|
$ |
(9,768 |
) |
$ |
59,022 |
|
$ |
36,231 |
|
$ |
29,774 |
|
$ |
(672,071 |
) |
$ |
1,554 |
|
|
Add: Fixed charges (see below) |
|
98,841 |
|
94,161 |
|
111,478 |
|
105,232 |
|
144,090 |
|
117,219 |
| ||||||
|
Less: capitalized interest |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||
|
Income as adjusted (a) |
|
$ |
89,073 |
|
$ |
153,183 |
|
$ |
147,709 |
|
$ |
135,006 |
|
$ |
(527,981 |
) |
$ |
118,773 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Fixed charges |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Interest, either expensed or capitalized, and amortized capitalized expenses related to indebtedness |
|
93,254 |
|
89,145 |
|
107,704 |
|
100,396 |
|
137,937 |
|
112,107 |
| ||||||
|
Interest portion of lease expense |
|
5,587 |
|
5,016 |
|
3,774 |
|
4,836 |
|
6,153 |
|
5,112 |
| ||||||
|
Fixed charges (b) |
|
$ |
98,841 |
|
$ |
94,161 |
|
$ |
111,478 |
|
$ |
105,232 |
|
$ |
144,090 |
|
$ |
117,219 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Ratio of Earnings to Fixed Charges (a/b) |
|
0.9 |
|
1.6 |
|
1.3 |
|
1.3 |
|
-3.7 |
|
1.0 |
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