Attached files
| file | filename |
|---|---|
| EX-23 - EX-23 - AMETEK INC/ | d120829dex23.htm |
| 10-K - FROM 10-K - AMETEK INC/ | d120829d10k.htm |
| EX-21 - EX-21 - AMETEK INC/ | d120829dex21.htm |
| EX-31.2 - EX-31.2 - AMETEK INC/ | d120829dex312.htm |
| EX-31.1 - EX-31.1 - AMETEK INC/ | d120829dex311.htm |
| EX-32.1 - EX-32.1 - AMETEK INC/ | d120829dex321.htm |
| EX-32.2 - EX-32.2 - AMETEK INC/ | d120829dex322.htm |
Exhibit 12
AMETEK, Inc.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
| Year Ended December 31, | ||||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
| (In thousands) | ||||||||||||||||||||
| Earnings: |
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| Income from continuing operations |
$ | 806,380 | $ | 804,832 | $ | 724,795 | $ | 662,475 | $ | 556,642 | ||||||||||
| Interest expense – gross |
91,319 | 79,147 | 72,972 | 74,885 | 69,384 | |||||||||||||||
| Capitalized interest |
(489 | ) | (73 | ) | (201 | ) | (213 | ) | (151 | ) | ||||||||||
| Amortization of debt financing costs |
965 | 855 | 801 | 800 | 496 | |||||||||||||||
| Interest portion of rental expense |
14,518 | 14,874 | 13,177 | 9,325 | 8,803 | |||||||||||||||
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| Adjusted earnings |
$ | 912,693 | $ | 899,635 | $ | 811,544 | $ | 747,272 | $ | 635,174 | ||||||||||
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| Fixed charges: |
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| Interest expense, net of capitalized interest |
$ | 90,830 | $ | 79,074 | $ | 72,771 | $ | 74,672 | $ | 69,233 | ||||||||||
| Capitalized interest |
489 | 73 | 201 | 213 | 151 | |||||||||||||||
| Amortization of debt financing costs |
965 | 855 | 801 | 800 | 496 | |||||||||||||||
| Interest portion of rental expense |
14,518 | 14,874 | 13,177 | 9,325 | 8,803 | |||||||||||||||
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| Fixed charges |
$ | 106,802 | $ | 94,876 | $ | 86,950 | $ | 85,010 | $ | 78,683 | ||||||||||
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| Ratio of adjusted earnings to fixed charges |
8.5x | 9.5x | 9.3x | 8.8x | 8.1x | |||||||||||||||
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