EX-12 2 exhibit12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exhibit12.htm
EXHIBIT 12


REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

             
(As Adjusted)*
  
   
Nine Months Ended
        
Years Ended
                                
   
September 26,
        
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
   $ 88,866         $ 199,263         $ 180,343         $ 170,568         $ 108,947         $ 45,601  
Interest expense
     17,980           32,647           26,650           24,160           26,067           9,746  
Estimated interest component
   of  rental expense
     5,689           5,318           4,433           2,500           2,705           2,189  
Total earnings available for
   fixed charges
   $ 112,535         $ 237,228         $ 211,426         $ 197,228         $ 137,719         $ 57,536  
                                                                     
Fixed charges:
                                                                    
Interest expense
   $ 17,980         $ 32,647         $ 26,650         $ 24,160         $ 26,067         $ 9,746  
Estimated interest component
   of rental expense
     5,689           5,318           4,433           2,500           2,705           2,189  
Total fixed charges
   $ 23,669         $ 37,965         $ 31,083         $ 26,660         $ 28,772         $ 11,935  
                                                                     
Ratio of earnings to
   fixed charges
     4.8           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 recently issued accounting guidance.