Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - BRIGGS & STRATTON CORP | ex-322xbggx712018.htm |
| EX-32.1 - EXHIBIT 32.1 - BRIGGS & STRATTON CORP | ex-321xbggx712018.htm |
| EX-31.2 - EXHIBIT 31.2 - BRIGGS & STRATTON CORP | ex-312xbggx712018.htm |
| EX-31.1 - EXHIBIT 31.1 - BRIGGS & STRATTON CORP | ex-311xbggx712018.htm |
| EX-23.1 - EXHIBIT 23.1 - BRIGGS & STRATTON CORP | ex-231xbggx712018.htm |
| EX-21 - EXHIBIT 21 - BRIGGS & STRATTON CORP | ex-21xbggx712018.htm |
| EX-10.5(E) - EXHIBIT 10.5(E) - BRIGGS & STRATTON CORP | ex-105exbggx712018.htm |
| EX-10.10 - EXHIBIT 10.10 - BRIGGS & STRATTON CORP | ex-1010xbggx712018.htm |
| 10-K - 10-K - BRIGGS & STRATTON CORP | bgg-712018.htm |
Exhibit 12
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
2018 ANNUAL REPORT ON FORM 10-K
COMPUTATION OF RATIO OF EARNINGS (LOSSES) TO FIXED CHARGES
(in thousands)
Fiscal Year Ended | |||||||||||||||||||
July 1, 2018 | July 2, 2017 | July 3, 2016 | June 28, 2015 | June 29, 2014 | |||||||||||||||
Earnings (Loss) | |||||||||||||||||||
Income (Loss) before income taxes | $ | 11,101 | $ | 79,661 | $ | 35,356 | $ | 56,958 | $ | 37,134 | |||||||||
Less: Equity income from equity investees | (9,257 | ) | (11,056 | ) | (4,947 | ) | (7,303 | ) | (6,264 | ) | |||||||||
Add: Fixed Charges | 27,422 | 22,291 | 22,154 | 21,714 | 20,911 | ||||||||||||||
Add: Distributed income of equity investees | 10,911 | 9,067 | 6,119 | 4,628 | 4,070 | ||||||||||||||
Earnings (Loss) as defined | $ | 40,177 | $ | 99,963 | $ | 58,682 | $ | 75,997 | $ | 55,851 | |||||||||
Fixed Charges | |||||||||||||||||||
Interest expense | $ | 25,320 | $ | 20,293 | $ | 20,033 | $ | 19,532 | $ | 18,466 | |||||||||
Interest expense as reported | 25,320 | 20,293 | 20,033 | 19,532 | 18,466 | ||||||||||||||
Amortization of debt issuance costs | 917 | 855 | 929 | 957 | 988 | ||||||||||||||
Portion of rent expense relating to interest | 1,185 | 1,143 | 1,192 | 1,225 | 1,457 | ||||||||||||||
Fixed charges as defined | $ | 27,422 | $ | 22,291 | $ | 22,154 | $ | 21,714 | $ | 20,911 | |||||||||
Ratio of earnings (loss) to fixed charges | 1.5x | 4.5x | 2.6x | 3.5x | 2.7x | ||||||||||||||
Coverage deficiency | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||