EX-12 2 exhibit1220151310k.htm EXHIBIT 12 Exhibit 12 2015.1.3 10K


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
Fiscal Year
 
2014
 
2013
 
2012
 
2011
 
2010
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Income before taxes
$
90.3

 
$
170.5

 
$
269.9

 
$
226.3

 
$
220.7

Interest expense
39.1

 
42.4

 
44.5

 
31.1

 
19.6

Estimated interest component of rental expense
12.8

 
13.1

 
12.2

 
10.7

 
6.6

Total earnings available for fixed charges
$
142.2

 
$
226.0

 
$
326.6

 
$
268.1

 
$
246.9

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
39.1

 
$
42.4

 
$
44.5

 
$
31.1

 
$
19.6

Estimated interest component of rental expense
12.8

 
13.1

 
12.2

 
10.7

 
6.6

Total fixed charges
$
51.9

 
$
55.5

 
$
56.7

 
$
41.8

 
$
26.2

Ratio of earnings to fixed charges
2.7

 
4.1

 
5.6

 
6.4

 
9.4