Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Mueller Water Products, Inc. | mwa9302017-10xk.htm |
| EX-32.2 - EXHIBIT 32.2 - Mueller Water Products, Inc. | exhibit322cfo906certificat.htm |
| EX-32.1 - EXHIBIT 32.1 - Mueller Water Products, Inc. | exhibit321ceo906certificat.htm |
| EX-31.2 - EXHIBIT 31.2 - Mueller Water Products, Inc. | exhibit312cfo302certificat.htm |
| EX-31.1 - EXHIBIT 31.1 - Mueller Water Products, Inc. | exhibit311ceo302certificat.htm |
| EX-23.1 - EXHIBIT 23.1 - Mueller Water Products, Inc. | exhibit231consentofauditor.htm |
| EX-21.1 - EXHIBIT 21.1 - Mueller Water Products, Inc. | exhibit211subsidiarylist20.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The ratio of earnings to fixed charges is shown below.
Year ended September 30, | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
(in millions) | ||||||||||||||||||||
Income before income taxes | $ | 78.5 | $ | 69.3 | $ | 20.8 | $ | 30.3 | $ | 3.0 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Total interest including amortization of debt discount and issue costs | $ | 30.3 | $ | 30.1 | $ | 50.0 | $ | 52.0 | $ | 60.2 | ||||||||||
Estimated interest within rent expense | 2.0 | 3.4 | 3.1 | 2.8 | 2.8 | |||||||||||||||
Total fixed charges charges | $ | 32.3 | $ | 33.5 | $ | 53.1 | $ | 54.8 | $ | 63.0 | ||||||||||
Earnings (1) | $ | 110.8 | $ | 102.8 | $ | 73.9 | $ | 85.1 | $ | 66.0 | ||||||||||
Ratio of earnings to fixed charges | 3.4 | 3.1 | 1.4 | 1.6 | 1.0 | |||||||||||||||
(1) | For these ratios, “earnings” represents income before income taxes plus fixed charges. |