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8-K - 8-K - HARLEY-DAVIDSON, INC.d33922d8k.htm

Exhibit 12

Harley-Davidson, Inc.

Computation of Ratio of

Earnings to Fixed Charges

In millions

 

  Three months ended
March 29, 2015
 

Income from continuing operations before provision for income taxes

$ 411.4   

Add: Fixed charges

  48.2   

Add: Amortization of capitalized interest

  0.2   

Less: Capitalized interest

  0.5   
  

 

 

 

Earnings

$ 459.3   

Fixed charges:

Interest incurred and amortization of debt issue costs

$ 47.8   

Estimate of interest within rental expense

  0.4   
  

 

 

 
$ 48.2   

Ratio

  9.5