Attached files
file | filename |
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8-K - 8-K - IDEX CORP /DE/ | d271379d8k.htm |
EX-4.1 - EX-4.1 - IDEX CORP /DE/ | d271379dex41.htm |
EX-1.1 - EX-1.1 - IDEX CORP /DE/ | d271379dex11.htm |
EX-5.1 - EX-5.1 - IDEX CORP /DE/ | d271379dex51.htm |
Exhibit 12.1
IDEX CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Nine Months Ended September 30, |
Year Ended December 31, |
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2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
Earnings: |
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Pre-tax earnings |
$ | 206,717 | $ | 231,874 | $ | 168,827 | $ | 192,227 | $ | 232,876 | $ | 198,658 | ||||||||||||
Fixed charges |
25,613 | 20,737 | 21,204 | 22,997 | 27,173 | 19,590 | ||||||||||||||||||
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Total earnings |
$ | 232,330 | $ | 252,611 | $ | 190,031 | $ | 215,224 | $ | 260,049 | $ | 218,248 | ||||||||||||
Fixed charges: |
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Interest expense |
$ | 20,937 | $ | 16,150 | $ | 17,178 | $ | 18,852 | $ | 23,353 | $ | 16,353 | ||||||||||||
Interest portion of rental charges |
4,676 | 4,587 | 4,026 | 4,145 | 3,820 | 3,237 | ||||||||||||||||||
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Total fixed charges |
$ | 25,613 | $ | 20,737 | $ | 21,204 | $ | 22,997 | $ | 27,173 | $ | 19,590 | ||||||||||||
Ratio of Earnings to Fixed Charges |
9.1x | 12.2x | 9.0x | 9.4x | 9.6x | 11.1x |
For the purpose of computing the above ratios, earnings consists of income before income taxes, plus fixed charges. Fixed charges consists of interest expense (which includes interest on indebtedness and amortization of debt issue costs) and a portion of rentals deemed to be interest.