Attached files
Exhibit 12
WADDELL & REED FINANCIAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
|
|
|
|
|
|
Year Ended |
|
|
|
|
|
|||||
|
|
|
|
|
|
December 31, |
|
|
|
|
|
|||||
|
|
2009 |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
|||||
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Income from continuing operations before provision for income taxes |
|
$ |
162,156 |
|
$ |
156,420 |
|
$ |
199,160 |
|
$ |
89,200 |
|
$ |
95,950 |
|
Fixed charges |
|
20,008 |
|
18,824 |
|
18,158 |
|
18,379 |
|
20,323 |
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Total earnings |
|
$ |
182,164 |
|
$ |
175,244 |
|
$ |
217,318 |
|
$ |
107,579 |
|
$ |
116,273 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Interest expense |
|
$ |
12,695 |
|
$ |
12,087 |
|
$ |
11,924 |
|
$ |
12,227 |
|
$ |
14,278 |
|
Portion of rentals representative of interest factor |
|
7,313 |
|
6,737 |
|
6,234 |
|
6,152 |
|
6,045 |
|
|||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Total fixed charges |
|
$ |
20,008 |
|
$ |
18,824 |
|
$ |
18,158 |
|
$ |
18,379 |
|
$ |
20,323 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
Ratio of earnings to fixed charges |
|
9.10 |
|
9.31 |
|
11.97 |
|
5.85 |
|
5.72 |
|