Attached files

file filename
10-K - 10-K - INNOSPEC INC.d303010d10k.htm
EX-32.2 - EX-32.2 - INNOSPEC INC.d303010dex322.htm
EX-32.1 - EX-32.1 - INNOSPEC INC.d303010dex321.htm
EX-31.2 - EX-31.2 - INNOSPEC INC.d303010dex312.htm
EX-31.1 - EX-31.1 - INNOSPEC INC.d303010dex311.htm
EX-23.1 - EX-23.1 - INNOSPEC INC.d303010dex231.htm
EX-21.1 - EX-21.1 - INNOSPEC INC.d303010dex211.htm

Exhibit 12.1

EXHIBIT 12.1 – STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

(in millions except financial ratios, share and per share data)

 

    2016     2015     2014     2013     2012  

1. NET INCOME ATTRIBUTABLE TO INNOSPEC INC. AS A PERCENTAGE OF SALES

         
   A          Net income attributable to Innospec Inc.   $ 81.3      $ 119.5      $ 84.1      $ 77.8      $ 66.9   
   B          Net sales   $ 883.4      $ 1012.3      $ 960.9      $ 818.8      $ 776.4   
  

A % of B

    9.2     11.8     8.8     9.5     8.6

2. EFFECTIVE TAX RATE AS A PERCENTAGE

         
   C          Income taxes   $ 21.8      $ 32.8      $ 26.8      $ 15.0      $ 26.4   
   D          Income before income taxes   $ 103.1      $ 152.3      $ 110.9      $ 92.8      $ 93.3   
  

C % of D

    21.1     21.5     24.2     16.2     28.3

3. CURRENT RATIO

         
   E          Current assets   $ 441.1      $ 458.7      $ 414.2      $ 407.4      $ 296.6   
   F          Current liabilities   $ 183.1      $ 206.1      $ 222.9      $ 155.6      $ 147.3   
  

Ratio of E to F

    2.4        2.2        1.9        2.6        2.0   

4. EARNINGS PER SHARE ATTRIBUTABLE TO INNOSPEC INC.

         
   G          Net income attributable to Innospec Inc.   $ 81.3      $ 119.5      $ 84.1      $ 77.8      $ 66.9   
   H          Basic shares outstanding     23,998        24,107        24,391        23,651        23,187   
   I            Diluted shares outstanding     24,442        24,612        24,878        24,156        23,850   
  

G/H      Basicearnings per share attributable to Innospec Inc.

  $ 3.39      $ 4.96      $ 3.45      $ 3.29      $ 2.89   
    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  

G/I        Dilutedearnings per share attributable to Innospec Inc.

  $ 3.33      $ 4.86      $ 3.38      $ 3.22      $ 2.81   
    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Shares in thousands, earnings per share attributable to Innospec Inc. in dollars.