IDEX CORP /DE/ - FORM 10-K - EX-12 - EXHIBIT 12 - February 22, 2018

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EX-31.1 - EXHIBIT 31.1 - IDEX CORP /DE/iex-20171231xex311.htm
EX-32.2 - EXHIBIT 32.2 - IDEX CORP /DE/iex-20171231xex322.htm
EX-32.1 - EXHIBIT 32.1 - IDEX CORP /DE/iex-20171231xex321.htm
EX-31.2 - EXHIBIT 31.2 - IDEX CORP /DE/iex-20171231xex312.htm
EX-23 - EXHIBIT 23 - IDEX CORP /DE/iex-20171231xex23.htm
EX-21 - EXHIBIT 21 - IDEX CORP /DE/iex-201712x31xex21.htm
EX-10.34 - EXHIBIT 10.34 - IDEX CORP /DE/iex-20171231xex1034.htm
EX-10.33 - EXHIBIT 10.33 - IDEX CORP /DE/iex-20171231xex1033.htm
EX-10.32 - EXHIBIT 10.32 - IDEX CORP /DE/iex-20171231xex1032.htm
EX-10.31 - EXHIBIT 10.31 - IDEX CORP /DE/iex-20171231xex1031.htm
EX-10.30 - EXHIBIT 10.30 - IDEX CORP /DE/iex-20171231xex1030.htm
EX-10.29 - EXHIBIT 10.29 - IDEX CORP /DE/iex-2017x1231xex1029.htm
EX-10.28 - EXHIBIT 10.28 - IDEX CORP /DE/iex-20171231xex1028.htm
EX-10.27 - EXHIBIT 10.27 - IDEX CORP /DE/iex-20171231xex1027.htm
EX-10.26 - EXHIBIT 10.26 - IDEX CORP /DE/iex-20171231xex1026.htm
EX-10.19 - EXHIBIT 10.19 - IDEX CORP /DE/ex1019bucklew.htm
EX-10.8 - EXHIBIT 10.8 - IDEX CORP /DE/iex-20171231xex108.htm
EX-10.5 - EXHIBIT 10.5 - IDEX CORP /DE/iex-20171231xex105.htm
EX-10.2 - EXHIBIT 10.2 - IDEX CORP /DE/iex-20171231xex102.htm
EX-3.1 - EXHIBIT 3.1 - IDEX CORP /DE/iex-12312017xex31.htm
10-K - 10-K - IDEX CORP /DE/iex-20171231x10k.htm


Exhibit 12


Computation of Ratio of Earnings to Fixed Charges
($'s in 000's)
 
 
 
 
 
 
 
 
 
 
 
 
 
December
 
December
 
December
 
December
 
December
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest charges (per I/S)
 
$
44,889

 
$
45,616

 
$
41,636

 
$
41,895

 
$
42,206

 
 
 
 
 
 
 
 
 
 
 
Less: net amortization of debt discount and issuance expenses
 
1,320

 
1,295

 
1,378

 
1,498

 
1,488

 
 
 
 
 
 
 
 
 
 
 
Adjusted interest charges
 
43,569

 
44,321

 
40,258

 
40,397

 
40,718

 
 
 
 
 
 
 
 
 
 
 
Add: net amortization of debt discount and issuance expenses
 
1,320

 
1,295

 
1,378

 
1,498

 
1,488

 
 
 
 
 
 
 
 
 
 
 
Interest portion of rental charges
 
6,331

 
6,209

 
6,306

 
6,410

 
6,307

 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
 
$
51,220

 
$
51,825

 
$
47,942

 
$
48,305

 
$
48,513

 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pre-tax earnings
 
$
455,273

 
$
368,512

 
$
392,345

 
$
392,440

 
$
353,129

 
 
 
 
 
 
 
 
 
 
 
Interest charges
 
43,569

 
44,321

 
40,397

 
40,718

 
40,565

 
 
 
 
 
 
 
 
 
 
 
Net amortization of debt discount and issuance expenses
 
1,320

 
1,295

 
1,378

 
1,498

 
1,488

 
 
 
 
 
 
 
 
 
 
 
Interest portion of rental charges
 
6,331

 
6,209

 
6,306

 
6,410

 
6,307

 
 
 
 
 
 
 
 
 
 
 
Total earnings
 
$
506,493

 
$
420,337

 
$
440,426

 
$
441,066

 
$
401,489

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
9.9
 
8.1
 
9.2
 
9.1
 
8.3
 
 
 
 
 
 
 
 
 
 
 
Note: Currently amortization of debt discount and premium and issuance expenses are recorded and included within the interest expense line item. The above analysis starts with interest expense per the income statement and then subtracts the amortization figure in order to get to a true interest expense amount.



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