Attached files
| file | filename |
|---|---|
| 10-Q - STANDEX INTERNATIONAL CORP/DE/ | f10q1.htm |
| EX-10 - STANDEX INTERNATIONAL CORP/DE/ | ex10.htm |
| EX-31 - STANDEX INTERNATIONAL CORP/DE/ | ex311.htm |
| EX-31 - STANDEX INTERNATIONAL CORP/DE/ | ex312.htm |
| EX-32 - STANDEX INTERNATIONAL CORP/DE/ | ex32.htm |
| 10-Q - STANDEX INTERNATIONAL CORP/DE/ | 10q1.pdf |
EXHIBIT 12
| Standex International Corporation | ||||||||||||||||||
| Ratio of Earnings to Fixed Charges | ||||||||||||||||||
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| Three months ended |
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| September 30, |
| Year ended June 30, | ||||||||||||||
(in thousands, except for ratios) | 2015 |
| 2014 |
| 2015 |
| 2014 |
| 2013 |
| 2012 |
| 2011 | ||||||
Earnings: |
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| Income from continuing operations before |
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| provision (benefit) for income taxes |
| 22,649 |
| 20,859 |
| 76,117 |
| 67,803 |
| 59,298 |
| 61,595 |
| 52,668 | ||||
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Add: |
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| Fixed charges |
| 809 |
| 804 |
| 3,749 |
| 2,780 |
| 2,933 |
| 2,737 |
| 2,508 | ||||
Total earnings |
| 23,458 |
| 21,663 |
| 79,866 |
| 70,583 |
| 62,231 |
| 64,332 |
| 55,176 | |||||
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Fixed charges |
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| Interest expense |
| 644 |
| 643 |
| 3,161 |
| 2,249 |
| 2,469 |
| 2,280 |
| 2,107 | ||||
| Rental interest factor |
| 165 |
| 161 |
| 588 |
| 531 |
| 464 |
| 457 |
| 401 | ||||
Total fixed changes |
| 809 |
| 804 |
| 3,749 |
| 2,780 |
| 2,933 |
| 2,737 |
| 2,508 | |||||
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Ratio of earnings to fixed charges (1) |
| 28.99:1 |
| 26.94:1 |
| 21.30:1 |
| 25.39:1 |
| 21.22:1 |
| 23.51:1 |
| 22.00:1 | |||||
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(1) | For purposes of calculating the ratio of earnings to fixed charges, the sum of income from continuing operations before provision for income taxes plus fixed charges is divided by fixed charges. "Fixed charges" represent interest expense and the estimated interest component of rental expense. |