Attached files
file | filename |
---|---|
10-K - MGIC INVESTMENT CORPORATION FORM 10-K - MGIC INVESTMENT CORP | mtg-123117x10k.htm |
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | mtg-123117xex32.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | mtg-123117xex312.htm |
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | mtg-123117xex311.htm |
EX-23 - EXHIBIT 23 - MGIC INVESTMENT CORP | mtg-123117xex23.htm |
EX-21 - EXHIBIT 21 - MGIC INVESTMENT CORP | mtg-123117xex21.htm |
EX-10.2.19 - EXHIBIT 10.2.19 - MGIC INVESTMENT CORP | mtg-123117xex10219.htm |
EX-10.2.18 - EXHIBIT 10.2.18 - MGIC INVESTMENT CORP | mtg-123117xex10218.htm |
EX-10.6 - EXHIBIT 10.6 - MGIC INVESTMENT CORP | mtg-123117xex106.htm |
Exhibit 12
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Year Ended December 31, 2017 | |||
Net earnings before taxes | $ | 784,496 | ||
Fixed Charges: | ||||
Interest expense | 54,967 | |||
Amortization of debt expense | 2,068 | |||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 501 | |||
Total fixed charges | 57,536 | |||
Net earnings and fixed charges | $ | 842,032 | ||
Ratio of Earnings to Fixed Charges | 14.6 |