Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Zep Inc. | d10q.htm |
| EX-10.(A) - FORM OF RESTRICTED STOCK AWARD AGREEMENT - Zep Inc. | dex10a.htm |
| EX-32.(B) - SECTION 906 CERTIFICATION - Zep Inc. | dex32b.htm |
| EX-32.(A) - SECTION 906 CERTIFICATION - Zep Inc. | dex32a.htm |
| EX-31.(B) - SECTION 302 CERTIFICATION - Zep Inc. | dex31b.htm |
| EX-31.(A) - SECTION 302 CERTIFICATION - Zep Inc. | dex31a.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, |
|||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | 2010 | |||||||||||||||||||
| Income before Provision for Income Taxes |
$ | 21,711 | $ | 15,184 | $ | 25,991 | $ | 24,837 | $ | 35,823 | $ | 7,463 | ||||||||||||
| Additions: |
||||||||||||||||||||||||
| Fixed charges |
3,108 | 2,447 | 4,038 | 6,026 | 5,307 | 2,035 | ||||||||||||||||||
| Total Earnings |
$ | 24,819 | $ | 17,631 | $ | 30,029 | $ | 30,863 | $ | 41,130 | $ | 9,498 | ||||||||||||
| Fixed Charges |
||||||||||||||||||||||||
| Interest expense |
$ | 2,434 | $ | 1,791 | $ | 3,081 | $ | 5,218 | $ | 4,641 | $ | 1,886 | ||||||||||||
| Preferred stock dividends |
— | — | — | — | — | — | ||||||||||||||||||
| Capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
| Estimate of interest portion of rental expenses |
674 | 656 | 957 | 808 | 666 | 149 | ||||||||||||||||||
| Total Fixed Charges |
$ | 3,108 | $ | 2,447 | $ | 4,038 | $ | 6,026 | $ | 5,307 | $ | 2,035 | ||||||||||||
| Ratio of Earnings to Fixed Charges |
8.0 | 7.2 | 7.4 | 5.1 | 7.8 | 4.7 | ||||||||||||||||||
| Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
8.0 | 7.2 | 7.4 | 5.1 | 7.8 | 4.7 | ||||||||||||||||||