Attached files
file | filename |
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8-K - 8-K - LEXMARK INTERNATIONAL INC /KY/ | d494288d8k.htm |
EX-1.1 - EX-1.1 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex11.htm |
EX-4.2 - EX-4.2 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex42.htm |
EX-4.1 - EX-4.1 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex41.htm |
EX-99.1 - EX-99.1 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex991.htm |
EX-99.2 - EX-99.2 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex992.htm |
EX-5.1 - EX-5.1 - LEXMARK INTERNATIONAL INC /KY/ | d494288dex51.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(Dollars in Millions, Except Ratios)
For the Year Ended December 31, | ||||||||||||||||||||
2008 | 2009 | 2010 | 2011 | 2012 | ||||||||||||||||
Earnings: |
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Net earnings |
$ | 240.2 | $ | 145.9 | $ | 340.0 | $ | 320.9 | $ | 106.3 | ||||||||||
Provision for income taxes |
35.7 | 41.1 | 81.5 | 92.7 | 51.7 | |||||||||||||||
Amortization of capitalized interest |
0.1 | 0.2 | 0.7 | 1.2 | 1.3 | |||||||||||||||
Fixed charges excluding interest capitalized |
37.9 | 47.7 | 50.9 | 53.2 | 49.4 | |||||||||||||||
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Total |
313.9 | 234.9 | 473.1 | 468.0 | 208.7 | |||||||||||||||
Fixed Charges: |
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Interest expense (gross of interest income) |
28.9 | 39.3 | 41.9 | 43.3 | 42.6 | |||||||||||||||
Amortization of deferred financing expense |
0.7 | 1.4 | 2.0 | 2.0 | 1.8 | |||||||||||||||
Interest capitalized |
1.4 | 3.4 | 2.1 | 0.3 | 0.3 | |||||||||||||||
Interest component of rental expense |
8.3 | 7.0 | 7.0 | 7.9 | 5.0 | |||||||||||||||
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Total |
39.3 | 51.1 | 53.0 | 53.5 | 49.7 | |||||||||||||||
Ratio of Earnings to Fixed Charges |
8.0 | 4.6 | 8.9 | 8.7 | 4.2 | |||||||||||||||
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