Six Months Ended | |||||||||||||||||||||||||||
December 31, | Fiscal Year Ended June 30, | ||||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||||
EARNINGS | |||||||||||||||||||||||||||
Income from continuing operations before income taxes and noncontrolling interests | $ | 739,901 | $ | 819,406 | $ | 1,556,720 | $ | 1,311,001 | $ | 1,576,698 | $ | 1,413,721 | $ | 754,817 | |||||||||||||
Adjustments: | |||||||||||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | 47,152 | 40,448 | 79,845 | 88,668 | 89,888 | 97,009 | 101,173 | ||||||||||||||||||||
Amortization of deferred loan costs | 1,454 | 1,361 | 2,721 | 2,884 | 2,902 | 2,695 | 2,426 | ||||||||||||||||||||
Portion of rents representative of interest factor | 21,991 | 22,246 | 43,983 | 44,493 | 41,515 | 39,499 | 41,194 | ||||||||||||||||||||
Loss (income) of equity investees | (11,188 | ) | (1,245 | ) | (11,141 | ) | (247 | ) | 1,237 | 2,592 | 6,757 | ||||||||||||||||
Amortization of previously capitalized interest | 95 | 95 | 190 | 193 | 196 | 226 | 259 | ||||||||||||||||||||
Income as adjusted | $ | 799,405 | $ | 882,311 | $ | 1,672,318 | $ | 1,446,992 | $ | 1,712,436 | $ | 1,555,742 | $ | 906,626 | |||||||||||||
FIXED CHARGES | |||||||||||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | $ | 47,152 | $ | 40,448 | $ | 79,845 | $ | 88,668 | $ | 89,888 | $ | 97,009 | $ | 101,173 | |||||||||||||
Amortization of deferred loan costs | 1,454 | 1,361 | 2,721 | 2,884 | 2,902 | 2,695 | 2,426 | ||||||||||||||||||||
Portion of rents representative of interest factor | 21,991 | 22,246 | 43,983 | 44,493 | 41,515 | 39,499 | 41,194 | ||||||||||||||||||||
Fixed charges | $ | 70,597 | $ | 64,055 | $ | 126,549 | $ | 136,045 | $ | 134,305 | $ | 139,203 | $ | 144,793 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 11.32 | x | 13.77 | x | 13.21 | x | 10.64 | x | 12.75 | x | 11.18 | x | 6.26 | x |