Attached files
| file | filename |
|---|---|
| EX-32.(A) - SECTION 906 CERTIFICATION, CEO - Zep Inc. | dex32a.htm |
| EX-31.(A) - SECTION 302 CERTIFICATION, CEO - Zep Inc. | dex31a.htm |
| EX-32.(B) - SECTION 906 CERTIFICATION, CFO - Zep Inc. | dex32b.htm |
| EX-31.(B) - SECTION 302 CERTIFICATION, CFO - Zep Inc. | dex31b.htm |
| 10-Q - FORM 10-Q - Zep Inc. | d10q.htm |
Exhibit 12
Zep Inc.
Ratio of Earnings to Fixed Charges and of Earnings to Combined Fixed Charges and Preferred
Stock Dividends
(In thousands, except ratios)
| Fiscal Year Ended August 31, | Three Months Ended November 30, | |||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | 2009 | |||||||||||||
| Income before Provision for Income Taxes |
$ | 15,184 | $ | 25,991 | $ | 24,837 | $ | 35,823 | $ | 35,104 | $ | 8,707 | ||||||
| Additions: |
||||||||||||||||||
| Fixed charges |
2,447 | 4,038 | 6,026 | 5,307 | 3,649 | 458 | ||||||||||||
| Total Earnings |
$ | 17,631 | $ | 30,029 | $ | 30,863 | $ | 41,130 | $ | 38,753 | $ | 9,165 | ||||||
| Fixed Charges |
||||||||||||||||||
| Interest expense |
$ | 1,791 | $ | 3,081 | $ | 5,218 | $ | 4,641 | $ | 2,935 | $ | 271 | ||||||
| Preferred stock dividends |
— | — | — | — | — | — | ||||||||||||
| Capitalized interest |
— | — | — | — | — | — | ||||||||||||
| Estimate of interest portion of rental expenses |
656 | 957 | 808 | 666 | 714 | 187 | ||||||||||||
| Total Fixed Charges |
$ | 2,447 | $ | 4,038 | $ | 6,026 | $ | 5,307 | $ | 3,649 | $ | 458 | ||||||
| Ratio of Earnings to Fixed Charges |
7.2 | 7.4 | 5.1 | 7.8 | 10.6 | 20.0 | ||||||||||||
| Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
7.2 | 7.4 | 5.1 | 7.8 | 10.6 | 20.0 | ||||||||||||