Attached files

file filename
EX-32.2 - EX-32.2 - INNOSPEC INC.d491621dex322.htm
EX-32.1 - EX-32.1 - INNOSPEC INC.d491621dex321.htm
EX-31.2 - EX-31.2 - INNOSPEC INC.d491621dex312.htm
EX-31.1 - EX-31.1 - INNOSPEC INC.d491621dex311.htm
EX-23.1 - EX-23.1 - INNOSPEC INC.d491621dex231.htm
EX-21.1 - EX-21.1 - INNOSPEC INC.d491621dex211.htm
10-K - 10-K - INNOSPEC INC.d491621d10k.htm

Exhibit 12.1

EXHIBIT 12.1 - STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

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

 

     2017     2016     2015     2014     2013  

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

          

A   Net income attributable to Innospec Inc.

   $ 61.8     $ 81.3     $ 119.5     $ 84.1     $ 77.8  

B    Net sales

   $ 1306.8     $ 883.4     $ 1012.3     $ 960.9     $ 818.8  

A % of B

     4.7     9.2     11.8     8.8     9.5

2. EFFECTIVE TAX RATE AS A PERCENTAGE

          

C    Income taxes

   $ 66.3     $ 21.8     $ 32.8     $ 26.8     $ 15.0  

D   Income before income taxes

   $ 128.1     $ 103.1     $ 152.3     $ 110.9     $ 92.8  

C % of D

     51.8     21.1     21.5     24.2     16.2

3. CURRENT RATIO

          

E    Current assets

   $ 561.5     $ 441.1     $ 458.7     $ 414.2     $ 407.4  

F    Current liabilities

   $ 261.6     $ 183.1     $ 206.1     $ 222.9     $ 155.6  

Ratio of E to F

     2.1       2.4       2.2       1.9       2.6  

4. EARNINGS PER SHARE ATTRIBUTABLE TO INNOSPEC INC.

          

G   Net income attributable to Innospec Inc.

   $ 61.8     $ 81.3     $ 119.5     $ 84.1     $ 77.8  

H   Basic shares outstanding

     24,148       23,998       24,107       24,391       23,651  

I   Diluted shares outstanding

     24,486       24,442       24,612       24,878       24,156  

G/H  Basic earnings per share attributable to Innospec Inc.

   $ 2.56     $ 3.39     $ 4.96     $ 3.45     $ 3.29  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

G/I  Diluted earnings per share attributable to Innospec Inc.

   $ 2.52     $ 3.33     $ 4.86     $ 3.38     $ 3.22  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

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