Attached files
file | filename |
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8-K - 8-K - Primerica, Inc. | d8k.htm |
EX-1.1 - UNDERWRITING AGREEMENT - Primerica, Inc. | dex11.htm |
EXHIBIT 12.1
PRIMERICA, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Years Ended December 31,
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
(In thousands) | ||||||||||||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
$ | 20,872 | $ | | $ | | $ | | $ | | ||||||||||
Interest on investmenttype contracts |
10,180 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
Total fixed charges |
$ | 31,052 | $ | 12,998 | $ | 14,683 | $ | 14,923 | $ | 15,122 | ||||||||||
Income before income taxes |
$ | 399,143 | $ | 759,955 | $ | 353,036 | $ | 913,172 | $ | 878,196 | ||||||||||
Add back: |
||||||||||||||||||||
Total fixed charges |
31,052 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
Total income before income taxes and fixed charges |
$ | 430,195 | $ | 772,953 | $ | 367,719 | $ | 928,095 | $ | 893,318 | ||||||||||
Ratio of earnings to fixed charges |
13.9x | 59.5x | 25.0x | 62.2x | 59.1x | |||||||||||||||