Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - TORO CO | a2226882zex-21.htm |
| EX-32 - EX-32 - TORO CO | a2226882zex-32.htm |
| EX-23 - EX-23 - TORO CO | a2226882zex-23.htm |
| EX-31.2 - EX-31.2 - TORO CO | a2226882zex-31_2.htm |
| EX-10.2 - EX-10.2 - TORO CO | a2226882zex-10_2.htm |
| EX-31.1 - EX-31.1 - TORO CO | a2226882zex-31_1.htm |
| EX-10.19 - EX-10.19 - TORO CO | a2226882zex-10_19.htm |
| EX-10.18 - EX-10.18 - TORO CO | a2226882zex-10_18.htm |
| 10-K - 10-K - TORO CO | a2226882z10-k.htm |
EXHIBIT 12
THE TORO COMPANY AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Not Covered by Report of Independent Registered Public Accounting Firm)
|
|
|
10/31/2015 |
|
10/31/2014 |
|
10/31/2013 |
|
10/31/2012 |
|
10/31/2011 |
| |||||
|
Earnings before income taxes |
|
$ |
291,031,000 |
|
$ |
256,445,000 |
|
$ |
226,713,000 |
|
$ |
196,262,000 |
|
$ |
174,826,000 |
|
|
Plus: Fixed charges |
|
27,085,508 |
|
23,535,622 |
|
24,343,024 |
|
24,294,555 |
|
24,249,868 |
| |||||
|
Earnings available to cover fixed charges |
|
$ |
318,116,508 |
|
$ |
279,980,622 |
|
251,056,024 |
|
$ |
220,556,555 |
|
$ |
199,075,868 |
| |
|
Ratio of earnings to fixed charges |
|
11.74 |
|
11.90 |
|
10.31 |
|
9.08 |
|
8.21 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Interest expense |
|
$ |
18,757,000 |
|
$ |
15,426,000 |
|
$ |
16,210,000 |
|
$ |
16,906,000 |
|
$ |
16,970,000 |
|
|
Rentals (interest expense) |
|
8,328,508 |
|
8,109,622 |
|
8,133,024 |
|
7,388,555 |
|
7,279,868 |
| |||||
|
Total fixed charges |
|
$ |
27,085,508 |
|
$ |
23,535,622 |
|
$ |
24,343,024 |
|
$ |
24,294,555 |
|
$ |
24,249,868 |
|