IDEX CORP /DE/ - FORM 10-K - EX-12 - EX 12 - February 23, 2015

Attached files

file filename
EX-23 - EX 23 - IDEX CORP /DE/iex-20141231xex23.htm
EX-31.1 - EX 31.1 - IDEX CORP /DE/iex-20141231xex311.htm
EX-32.2 - EX 32.2 - IDEX CORP /DE/iex-20141231xex322.htm
EX-32.1 - EX 32.1 - IDEX CORP /DE/iex-20141231xex321.htm
EX-31.2 - EX 31.2 - IDEX CORP /DE/iex-20141231xex312.htm
EX-10.23 - EX 10.23 - IDEX CORP /DE/iex-12312014xex1023.htm
EX-10.17 - EX 10.17 - IDEX CORP /DE/iex-20141231xex1017.htm
EX-10.22 - EX 10.22 - IDEX CORP /DE/iex-20141231xex1022.htm
EX-21 - EX 21 - IDEX CORP /DE/iex-2014x12x31xex21.htm
EX-10.20 - EX 10.20 - IDEX CORP /DE/iex-20141231xex1020.htm
EX-10.19 - EX 10.19 - IDEX CORP /DE/iex-20141231xex1019.htm
EX-10.14 - EX 10.14 - IDEX CORP /DE/iex-20141231xex1014.htm
EX-10.15 - EX 10.15 - IDEX CORP /DE/iex-20141231xex1015.htm
EX-10.16 - EX 10.16 - IDEX CORP /DE/iex-20141231xex1016.htm
EX-10.13 - EX 10.13 - IDEX CORP /DE/iex-20141231xex1013.htm
EX-10.21 - EX 10.21 - IDEX CORP /DE/iex-20141231xex1021.htm
EX-10.18 - EX 10.18 - IDEX CORP /DE/iex-20141231xex1018.htm
EXCEL - IDEA: XBRL DOCUMENT - IDEX CORP /DE/Financial_Report.xls
10-K - 10-K - IDEX CORP /DE/iex-20141231x10k.htm


Exhibit 12


Computation of Ratio of Earnings to Fixed Charges
($'s in 000's)
 
 
 
 
 
 
 
 
 
 
 
 
 
December
 
December
 
December
 
December
 
December
 
 
2014
 
2013
 
2012
 
2011
 
2010
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest charges (per I/S)
 
$
41,895

 
$
42,206

 
$
42,250

 
$
29,332

 
$
16,150

 
 
 
 
 
 
 
 
 
 
 
Less: net amortization of debt discount and issuance expenses
 
1,498

 
1,488

 
1,685

 
1,263

 
547

 
 
 
 
 
 
 
 
 
 
 
Adjusted interest charges
 
40,397

 
40,718

 
40,565

 
28,069

 
15,603

 
 
 
 
 
 
 
 
 
 
 
Add: net amortization of debt discount and issuance expenses
 
1,498

 
1,488

 
1,685

 
1,263

 
547

 
 
 
 
 
 
 
 
 
 
 
Interest portion of rental charges
 
6,410

 
6,307

 
6,068

 
6,262

 
4,587

 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
 
$
48,305

 
$
48,513

 
$
48,318

 
$
35,594

 
$
20,737

 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pre-tax earnings
 
$
392,440

 
$
353,129

 
$
86,204

 
$
273,881

 
$
231,874

 
 
 
 
 
 
 
 
 
 
 
Interest charges
 
40,397

 
40,718

 
40,565

 
28,069

 
15,603

 
 
 
 
 
 
 
 
 
 
 
Net amortization of debt discount and issuance expenses
 
1,498

 
1,488

 
1,685

 
1,263

 
547

 
 
 
 
 
 
 
 
 
 
 
Interest portion of rental charges
 
6,410

 
6,307

 
6,068

 
6,262

 
4,587

 
 
 
 
 
 
 
 
 
 
 
Total earnings
 
$
440,745

 
$
401,642

 
$
134,522

 
$
309,475

 
$
252,611

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
9.1
 
8.3
 
2.8
 
8.7
 
12.2
 
 
 
 
 
 
 
 
 
 
 
Note: Currently amortization of debt discount and premium and issuance expenses are recorded and included within the interest expense line item. The above analysis starts with interest expense per the income statement and then subtracts the amortization figure in order to get to a true interest expense amount.



IDEX CORP /DE/ Reports

Also read