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EXCEL - IDEA: XBRL DOCUMENT - WADDELL & REED FINANCIAL INCFinancial_Report.xls
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EX-23 - EX-23 - WADDELL & REED FINANCIAL INCa2223114zex-23.htm
EX-11 - EX-11 - WADDELL & REED FINANCIAL INCa2223114zex-11.htm
EX-31.1 - EX-31.1 - WADDELL & REED FINANCIAL INCa2223114zex-31_1.htm
EX-32.1 - EX-32.1 - WADDELL & REED FINANCIAL INCa2223114zex-32_1.htm
EX-31.2 - EX-31.2 - WADDELL & REED FINANCIAL INCa2223114zex-31_2.htm
EX-32.2 - EX-32.2 - WADDELL & REED FINANCIAL INCa2223114zex-32_2.htm
10-K - 10-K - WADDELL & REED FINANCIAL INCa2223114z10-k.htm

Exhibit 12

 

WADDELL & REED FINANCIAL, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2014

 

2013

 

2012

 

2011

 

2010

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before provision for income taxes

 

$

490,163

 

$

393,231

 

$

301,004

 

$

276,919

 

$

240,361

 

Fixed charges

 

18,494

 

18,660

 

18,918

 

18,861

 

20,303

 

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings

 

$

508,657

 

$

411,891

 

$

319,922

 

$

295,780

 

$

260,664

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

11,042

 

$

11,244

 

$

11,311

 

$

11,408

 

$

12,728

 

Portion of rentals representative of interest factor

 

7,452

 

7,416

 

7,607

 

7,453

 

7,575

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

18,494

 

$

18,660

 

$

18,918

 

$

18,861

 

$

20,303

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

27.50

 

22.07

 

16.91

 

15.68

 

12.84