Zep Inc. - FORM 10-Q - EX-12 - STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - April 7, 2010

Attached files

file filename
EX-32.(B) - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - Zep Inc.dex32b.htm
EX-31.(A) - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Zep Inc.dex31a.htm
EX-31.(B) - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Zep Inc.dex31b.htm
EX-10.(D) - ZEP INC. OMNIBUS INCENTIVE PLAN FORM OF RESTRICTED STOCK AWARD AGREEMENT - Zep Inc.dex10d.htm
EX-32.(A) - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - Zep Inc.dex32a.htm
EX-10.(E) - AMENDMENT NO. 2 TO THE ZEP INC. SUPPLEMENTAL DEFERRED SAVINGS PLAN - Zep Inc.dex10e.htm
10-Q - FORM 10-Q - Zep Inc.d10q.htm

Exhibit 12

Zep Inc.

Ratio of Earnings to Fixed Charges and of Earnings to Combined Fixed Charges and Preferred

Stock Dividends

(In thousands, except ratios)

 

     Fiscal Year Ended August 31,    Six Months
Ended
February 28,		    Three Months
Ended
February 28,
     2009    2008    2007    2006    2005    2010    2010

Income before Provision for Income Taxes

    $ 15,184    $ 25,991    $ 24,837    $ 35,823    $ 35,104    $ 9,687    $ 980

Additions:

                     

Fixed charges

      2,447      4,038      6,026      5,307      3,649      1,107      649
                                                

Total Earnings

    $ 17,631    $ 30,029    $ 30,863    $ 41,130    $ 38,753    $ 10,794    $ 1,629
                                                

Fixed Charges

                     

Interest expense

    $ 1,791    $ 3,081    $ 5,218    $ 4,641    $ 2,935    $ 749    $ 479

Preferred stock dividends

      —        —        —        —        —        —        —  

Capitalized interest

      —        —        —        —        —        —        —  

Estimate of interest portion of rental expenses

      656      957      808      666      714      358      170
                                                

Total Fixed Charges

    $ 2,447    $ 4,038    $ 6,026    $ 5,307    $ 3,649    $ 1,107    $ 649
                                                

Ratio of Earnings to Fixed Charges

      7.2      7.4      5.1      7.8      10.6      9.8      2.5
                                                

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

      7.2      7.4      5.1      7.8      10.6      9.8      2.5
                                                

Zep Inc. Reports