Attached files
file | filename |
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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 |
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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 |
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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 |
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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. |
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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 | ||||||||||||
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G/I Dilutedearnings per share attributable to Innospec Inc. |
$ | 3.33 | $ | 4.86 | $ | 3.38 | $ | 3.22 | $ | 2.81 | ||||||||||||
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Shares in thousands, earnings per share attributable to Innospec Inc. in dollars.