Attached files
| file | filename |
|---|---|
| 10-K - 10-K - TORO CO | a2222522z10-k.htm |
| EX-10.19 - EX-10.19 - TORO CO | a2222522zex-10_19.htm |
| EX-10.4 - EX-10.4 - TORO CO | a2222522zex-10_4.htm |
| EX-10.16 - EX-10.16 - TORO CO | a2222522zex-10_16.htm |
| EX-32 - EX-32 - TORO CO | a2222522zex-32.htm |
| EX-21 - EX-21 - TORO CO | a2222522zex-21.htm |
| EX-23 - EX-23 - TORO CO | a2222522zex-23.htm |
| EX-31.2 - EX-31.2 - TORO CO | a2222522zex-31_2.htm |
| EX-10.14 - EX-10.14 - TORO CO | a2222522zex-10_14.htm |
| EX-10.21 - EX-10.21 - TORO CO | a2222522zex-10_21.htm |
| EX-10.20 - EX-10.20 - TORO CO | a2222522zex-10_20.htm |
| EX-31.1 - EX-31.1 - TORO CO | a2222522zex-31_1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - TORO CO | Financial_Report.xls |
| EX-10.18 - EX-10.18 - TORO CO | a2222522zex-10_18.htm |
EXHIBIT 12
THE TORO COMPANY AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Not Covered by Report of Independent Registered Public Accounting Firm)
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10/31/2014 |
|
10/31/2013 |
|
10/31/2012 |
|
10/31/2011 |
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10/31/2010 |
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Earnings before income taxes |
|
$ |
256,445,000 |
|
$ |
226,713,000 |
|
$ |
196,262,000 |
|
$ |
174,826,000 |
|
$ |
141,268,000 |
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Plus: Fixed charges |
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23,535,622 |
|
24,343,024 |
|
24,294,555 |
|
24,249,868 |
|
23,579,921 |
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Earnings available to cover fixed charges |
|
$ |
279,980,622 |
|
251,056,024 |
|
$ |
220,556,555 |
|
$ |
199,075,868 |
|
$ |
164,847,921 |
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Ratio of earnings to fixed charges |
|
11.90 |
|
10.31 |
|
9.08 |
|
8.21 |
|
6.99 |
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Interest expense |
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$ |
15,426,000 |
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$ |
16,210,000 |
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$ |
16,906,000 |
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$ |
16,970,000 |
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$ |
17,113,000 |
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Rentals (interest expense) |
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8,109,622 |
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8,133,024 |
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7,388,555 |
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7,279,868 |
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6,466,921 |
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Total fixed charges |
|
$ |
23,535,622 |
|
$ |
24,343,024 |
|
$ |
24,294,555 |
|
$ |
24,249,868 |
|
$ |
23,579,921 |
|