BRIGGS & STRATTON CORP - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - August 26, 2010

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10-K - FORM 10-K - BRIGGS & STRATTON CORPd10k.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - BRIGGS & STRATTON CORPdex21.htm
EX-31.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO SECTION 302 - BRIGGS & STRATTON CORPdex311.htm
EX-10.2 - AMENDED AND RESTATED ECONOMIC VALUE ADDED INCENTIVE COMPENSATION PLAN - BRIGGS & STRATTON CORPdex102.htm
EX-10.6 - AMENDED AND RESTATED BRIGGS & STRATTON PREMIUM OPTION AND STOCK AWARD PROGRAM - BRIGGS & STRATTON CORPdex106.htm
EX-23.1 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - BRIGGS & STRATTON CORPdex231.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - BRIGGS & STRATTON CORPdex321.htm
EX-10.9 - BRIGGS & STRATTON CORPORATION INCENTIVE COMPENSATION PLAN PERFORMANCE SHARE - BRIGGS & STRATTON CORPdex109.htm
EX-32.1 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - BRIGGS & STRATTON CORPdex3211.htm
EX-10.5.(C) - AMENDED AND RESTATED BRIGGS & STRATTON CORPORATION INCENTIVE COMPENSATION PLAN - BRIGGS & STRATTON CORPdex105c.htm
EX-10.6.(C) - AMENDED FORM OF DEFERRED STOCK AWARD AGREEMENT UNDER THE PREMIUM OPTION - BRIGGS & STRATTON CORPdex106c.htm
EX-10.6.(B) - AMENDED FORM OF RESTRICTED STOCK AWARD AGREEMENT UNDER THE PREMIUM OPTION - BRIGGS & STRATTON CORPdex106b.htm
EX-10.17.(A) - AMENDMENT TO THE BRIGGS & STRATTON PRODUCT PROGRAM - BRIGGS & STRATTON CORPdex1017a.htm
EX-31.2 - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 - BRIGGS & STRATTON CORPdex312.htm

BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

2010 Annual Report on Form 10-K

EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     Fiscal Year Ended  
      June 27, 2010       June 28, 2009       June 29, 2008       Restated
July 1, 2007  		     Restated
July 2, 2006  		  

Earnings

           

Income before income taxes

      $ 49,073        $ 40,409        $ 29,609        $ 3,302        $ 158,514   

Less:   Equity income from equity investees

      (4,071)        (1,527)        (3,588)        (3,303)        (4,174)   

Add:    Fixed charges

      29,520        34,010        41,337        46,592        45,248   

   Distributed income of equity investees

      4,005        5,212        2,800        4,879        4,633   
                                        

Earnings as defined

      $ 78,527        $ 78,104        $ 70,158        $ 51,470        $ 204,221   
                                        

Fixed Charges

           

Interest expense

      $ 25,573        $ 30,521        $ 37,554        $ 42,932        $ 40,085   

Amortization of discounts related to indebtedness

      896        626        569        759        829   

Imputed interest on deferred revenue

      -            -            -            -            1,177   
                                        

Interest expense as reported

      26,469        31,147        38,123        43,691        42,091   

Amortization of deferred financing fees

      1,250        1,331        1,414        1,173        1,708   

Portion of rent expense relating to interest

      1,801        1,532        1,800        1,728        1,449   
                                        

Fixed charges as defined

      $ 29,520        $ 34,010        $ 41,337        $ 46,592        $ 45,248   
                                        

Ratio of earnings to fixed charges

      2.7 x      2.3 x      1.7 x      1.1 x      4.5 x 
                                        

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