EX-12 3 exhibit1220161210k.htm EXHIBIT 12 Exhibit


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
Fiscal Year
 
2015
 
2014
 
2013
 
2012
 
2011
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Income before taxes
$
196.9

 
$
90.3

 
$
170.5

 
$
269.9

 
$
226.3

Interest expense
60.2

 
39.1

 
42.4

 
44.5

 
31.1

Estimated interest component of rental expense
15.0

 
12.8

 
13.1

 
12.2

 
10.7

Total earnings available for fixed charges
$
272.1

 
$
142.2

 
$
226.0

 
$
326.6

 
$
268.1

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
60.2

 
$
39.1

 
$
42.4

 
$
44.5

 
$
31.1

Estimated interest component of rental expense
15.0

 
12.8

 
13.1

 
12.2

 
10.7

Total fixed charges
$
75.2

 
$
51.9

 
$
55.5

 
$
56.7

 
$
41.8

Ratio of earnings to fixed charges
3.6

 
2.7

 
4.1

 
5.6

 
6.4