Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Verisk Analytics, Inc. | d409595d8k.htm |
| EX-4.2 - THIRD SUPPLEMENTAL INDENTURE - Verisk Analytics, Inc. | d409595dex42.htm |
| EX-5.1 - OPINION OF DAVIS POLK & WARDWELL LLP - Verisk Analytics, Inc. | d409595dex51.htm |
| EX-5.2 - OPINION OF KENNETH E. THOMPSON - Verisk Analytics, Inc. | d409595dex52.htm |
EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratios of earnings to fixed charges for the periods indicated. The ratios have been calculated based upon earnings from continuing operations before fixed charges and taxes on income. Fixed charges include interest and an estimate of the portion of minimum rentals that represents interest.
| Six months Ended June 30, 2012 |
For the Fiscal Years Ended December 31, | |||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
| (in thousands, except for ratios) | ||||||||||||||||||||||||
| Earnings: |
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| Income from continuing operations before income taxes |
$ | 244,162 | $ | 460,421 | $ | 406,650 | $ | 264,605 | $ | 278,899 | $ | 258,147 | ||||||||||||
| Fixed charges |
44,470 | 73,879 | 51,437 | 51,243 | 46,130 | 36,747 | ||||||||||||||||||
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| Total earnings available for fixed charges |
$ | 288,632 | $ | 534,300 | $ | 458,087 | $ | 315,848 | $ | 325,029 | $ | 294,894 | ||||||||||||
| Fixed Charges: |
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| Interest expense |
$ | 33,762 | $ | 53,847 | $ | 34,664 | $ | 35,265 | $ | 31,316 | $ | 22,928 | ||||||||||||
| Interest factor in rental expense (1) |
10,708 | 20,032 | 16,773 | 15,978 | 14,814 | 13,819 | ||||||||||||||||||
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| Total fixed charges |
$ | 44,470 | $ | 73,879 | $ | 51,437 | $ | 51,243 | $ | 46,130 | $ | 36,747 | ||||||||||||
| Ratio of Earnings to Fixed Charges |
6.5x | 7.2x | 8.9x | 6.2x | 7.0x | 8.0x | ||||||||||||||||||
| (1) | The estimate of interest within rental expense is estimated to be one-third of rental expense. |