Attached files
file | filename |
---|---|
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q2_2017.htm |
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q2_2017.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q2_2017.htm |
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q2_2017.htm |
10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-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 |