EX-12 2 exhibit12.htm EXHIBIT 12 exhibit12.htm
EXHIBIT 12



REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


         
(As Adjusted)*
 
   
Three Months Ended
   
Years Ended
                   
   
March 28,
   
December 27,
   
December 29,
   
Years Ended December 31,
 
   
2009
   
2008
   
2007
   
2006
   
2005
   
2004
 
Earnings available for fixed charges:
                                   
                                     
Income before taxes and
                                   
Noncontrolling interests
  $ 21,206     $ 199,263     $ 180,343     $ 170,568     $ 108,947     $ 45,601  
Interest expense
    7,119       32,647       26,650       24,160       26,067       9,746  
Estimated interest component of rental expense
    1,709       5,318       4,433       2,500       2,705       2,189  
Total earnings available for fixed charges
  $ 30,034     $ 237,228     $ 211,426     $ 197,228     $ 137,719     $ 57,536  
                                                 
Fixed charges:
                                               
                                                 
Interest expense
  $ 7,119     $ 32,647     $ 26,650     $ 24,160     $ 26,067     $ 9,746  
Estimated interest component of rental expense
    1,709       5,318       4,433       2,500       2,705       2,189  
Total fixed charges
  $ 8,828     $ 37,965     $ 31,083     $ 26,660     $ 28,772     $ 11,935  
                                                 
Ratio of earnings to fixed charges
    3.4       6.3       6.8       7.4       4.8       4.8  
                                                 
* See Note 2 of Notes to Condensed Consolidated Financial Statements regarding the adjustment pursuant to FSP APB 14.1.