Attached files

file filename
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORPexhibit32q2_2017.htm
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORPexhibit99q2_2017.htm
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORPexhibit312q2_2017.htm
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORPexhibit311q2_2017.htm
10-Q - 10-Q - MGIC INVESTMENT CORPmtg-063017x10q.htm


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In thousands, except ratio)
 
Six Months Ended June 30, 2017
 
 
 
Net earnings before taxes
 
$
354,573

 
 
 
Fixed Charges:
 
 
Interest expense
 
29,307

Amortization of debt expense
 
1,199

Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor)
 
263

Total fixed charges
 
30,769

 
 
 
Net earnings and fixed charges
 
$
385,342

 
 
 
Ratio of Earnings to Fixed Charges
 
12.5