EX-12 2 rbc-2013928xex12.htm EXHIBIT RATIO OF EARNINGS TO FIXED CHARGES RBC-2013.9.28-EX12


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
Nine Months Ended
 
Years Ended
 
September 28,
 
December 29,
 
December 31,
 
January 1,
 
January 2,
 
December 27,
 
2013
 
2012
 
2011
 
2011
 
2010
 
2008
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before taxes
$
207.0

 
$
269.9

 
$
226.3

 
$
220.7

 
$
137.9

 
$
199.3

Interest expense
31.9

 
44.5

 
31.1

 
19.6

 
23.3

 
32.6

Estimated interest component of rental expense
10.1

 
12.2

 
10.7

 
6.6

 
6.3

 
5.3

Total earnings available for fixed charges
$
249.0

 
$
326.6

 
$
268.1

 
$
246.9

 
$
167.5

 
$
237.2

 


 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
31.9

 
$
44.5

 
$
31.1

 
$
19.6

 
$
23.3

 
$
32.6

Estimated interest component of rental expense
10.1

 
12.2

 
10.7

 
6.6

 
6.3

 
5.3

Total fixed charges
$
42.0

 
$
56.7

 
$
41.8

 
$
26.2

 
$
29.6

 
$
37.9

Ratio of earnings to fixed charges
5.9

 
5.6

 
6.4

 
9.4

 
5.7

 
6.3