Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - AMETEK INC/ | d507265dex322.htm |
| EX-32.1 - EX-32.1 - AMETEK INC/ | d507265dex321.htm |
| EX-31.2 - EX-31.2 - AMETEK INC/ | d507265dex312.htm |
| EX-31.1 - EX-31.1 - AMETEK INC/ | d507265dex311.htm |
| EX-23 - EX-23 - AMETEK INC/ | d507265dex23.htm |
| EX-21 - EX-21 - AMETEK INC/ | d507265dex21.htm |
| EX-10.12 - EX-10.12 - AMETEK INC/ | d507265dex1012.htm |
| 10-K - FORM 10-K - AMETEK INC/ | d507265d10k.htm |
Exhibit 12
AMETEK, Inc.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
| Year Ended December 31, | ||||||||||||||||||||
| 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
| (In thousands) | ||||||||||||||||||||
| Earnings: |
||||||||||||||||||||
| Income from continuing operations |
$ | 796,729 | $ | 693,103 | $ | 806,380 | $ | 804,832 | $ | 724,795 | ||||||||||
| Interest expense – gross |
97,363 | 93,653 | 91,319 | 79,147 | 72,972 | |||||||||||||||
| Capitalized interest |
(342 | ) | (207 | ) | (489 | ) | (73 | ) | (201 | ) | ||||||||||
| Amortization of debt financing costs |
1,008 | 858 | 965 | 855 | 801 | |||||||||||||||
| Interest portion of rental expense |
16,553 | 15,425 | 14,518 | 14,874 | 13,177 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Adjusted earnings |
$ | 911,311 | $ | 802,832 | $ | 912,693 | $ | 899,635 | $ | 811,544 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Fixed charges: |
||||||||||||||||||||
| Interest expense, net of capitalized interest |
$ | 97,021 | $ | 93,446 | $ | 90,830 | $ | 79,074 | $ | 72,771 | ||||||||||
| Capitalized interest |
342 | 207 | 489 | 73 | 201 | |||||||||||||||
| Amortization of debt financing costs |
1,008 | 858 | 965 | 855 | 801 | |||||||||||||||
| Interest portion of rental expense |
16,553 | 15,425 | 14,518 | 14,874 | 13,177 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Fixed charges |
$ | 114,924 | $ | 109,936 | $ | 106,802 | $ | 94,876 | $ | 86,950 | ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Ratio of adjusted earnings to fixed charges |
7.9x | 7.3x | 8.5x | 9.5x | 9.3x | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||