EX-12 2 ex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ex12.htm
EXHIBIT 12


REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


           
(As Adjusted)*
 
   
Six Months Ended
     
Years Ended
                         
   
June 27,
     
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
  $ 45,549       $ 199,263       $ 180,343       $ 170,568       $ 108,947       $ 45,601  
Interest expense
    12,620         32,647         26,650         24,160         26,067         9,746  
Estimated interest component of rental expense
    3,592         5,318         4,433         2,500         2,705         2,189  
Total earnings available for fixed charges
  $ 61,761       $ 237,228       $ 211,426       $ 197,228       $ 137,719       $ 57,536  
                                                           
Fixed charges:
                                                         
                                                           
Interest expense
  $ 12,620       $ 32,647       $ 26,650       $ 24,160       $ 26,067       $ 9,746  
Estimated interest component of rental expense
    3,592         5,318         4,433         2,500         2,705         2,189  
Total fixed charges
  $ 16,212       $ 37,965       $ 31,083       $ 26,660       $ 28,772       $ 11,935  
                                                           
Ratio of earnings to fixed charges
    3.8         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 141.