Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Mueller Water Products, Inc. | exhibit322cfo906certificat.htm |
| EX-31.1 - EXHIBIT 31.1 - Mueller Water Products, Inc. | exhibit311ceo302certificat.htm |
| EX-32.1 - EXHIBIT 32.1 - Mueller Water Products, Inc. | exhibit321ceo906certificat.htm |
| EX-31.2 - EXHIBIT 31.2 - Mueller Water Products, Inc. | exhibit312cfo302certificat.htm |
| EX-21.1 - EXHIBIT 21.1 SUBSIDIARY LIST - Mueller Water Products, Inc. | exhibit211subsidiarylist20.htm |
| EX-23.1 - EY CONSENT - Mueller Water Products, Inc. | exhibit231consentofauditor.htm |
| 10-K - 10-K - Mueller Water Products, Inc. | mwa9302015-10xk.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The ratio of earnings to fixed charges is shown below.
Year ended September 30, | ||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
(in millions) | ||||||||||||||||||||
Income (loss) before income taxes | $ | 50.7 | $ | 73.5 | $ | 44.2 | $ | 2.7 | $ | (12.9 | ) | |||||||||
Fixed charges: | ||||||||||||||||||||
Total interest including amortization of debt discount and issue costs | $ | 34.0 | $ | 50.0 | $ | 52.0 | $ | 60.2 | $ | 65.9 | ||||||||||
Estimated interest within rent expense | 3.5 | 3.1 | 2.8 | 2.8 | 2.8 | |||||||||||||||
Total fixed charges charges | $ | 37.5 | $ | 53.1 | $ | 54.8 | $ | 63.0 | $ | 68.7 | ||||||||||
Earnings (1) | $ | 88.2 | $ | 126.6 | $ | 99.0 | $ | 65.7 | $ | 55.8 | ||||||||||
Ratio of earnings to fixed charges (2) | 2.4 | 2.4 | 1.8 | 1.0 | — | |||||||||||||||
(1) | For these ratios, “earnings” represents income (loss) before income taxes plus fixed charges. |
(2) | Due to losses during 2011, the ratio of earnings to fixed charges was less than 1.0. The deficiency of earnings to total fixed charges was $12.9 million. |