Attached files
file | filename |
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10-Q - 10-Q - REGAL BELOIT CORP | rbc-2015704x10q.htm |
EX-31.2 - EXHIBIT 31.2 - REGAL BELOIT CORP | rbc-2015704xex312.htm |
EX-32.1 - EXHIBIT 32.1 - REGAL BELOIT CORP | rbc-2015704xex321.htm |
EX-31.1 - EXHIBIT 31.1 - REGAL BELOIT CORP | rbc-2015704xex311.htm |
EXHIBIT 12
REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Six Months Ended | Years Ended | ||||||||||||||||||||||
July 4, | January 3, | December 28, | December 29, | December 31, | January 1, | ||||||||||||||||||
2015 | 2015 | 2013 | 2012 | 2011 | 2011 | ||||||||||||||||||
Earnings available for fixed charges: | |||||||||||||||||||||||
Income before taxes | $ | 138.9 | $ | 90.3 | $ | 170.5 | $ | 269.9 | $ | 226.3 | $ | 220.7 | |||||||||||
Interest expense | $ | 30.0 | 39.1 | 42.4 | 44.5 | 31.1 | 19.6 | ||||||||||||||||
Estimated interest component of rental expense | 7.4 | 12.8 | 13.1 | 12.2 | 10.7 | 6.6 | |||||||||||||||||
Total earnings available for fixed charges | $ | 176.3 | $ | 142.2 | $ | 226.0 | $ | 326.6 | $ | 268.1 | $ | 246.9 | |||||||||||
Fixed charges: | |||||||||||||||||||||||
Interest expense | $ | 30.0 | $ | 39.1 | $ | 42.4 | $ | 44.5 | $ | 31.1 | $ | 19.6 | |||||||||||
Estimated interest component of rental expense | 7.4 | 12.8 | 13.1 | 12.2 | 10.7 | 6.6 | |||||||||||||||||
Total fixed charges | $ | 37.4 | $ | 51.9 | $ | 55.5 | $ | 56.7 | $ | 41.8 | $ | 26.2 | |||||||||||
Ratio of earnings to fixed charges | 4.7 | 2.7 | 4.1 | 5.6 | 6.4 | 9.4 |