Attached files
Exhibit 12
WADDELL & REED FINANCIAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
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Year Ended |
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December 31, |
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2015 |
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2014 |
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2013 |
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2012 |
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2011 |
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Earnings: |
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Income from continuing operations before provision for income taxes |
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$ |
399,540 |
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$ |
490,163 |
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$ |
393,231 |
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$ |
301,004 |
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$ |
276,919 |
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Fixed charges |
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18,888 |
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18,494 |
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18,660 |
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18,918 |
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18,861 |
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Total earnings |
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$ |
418,428 |
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$ |
508,657 |
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$ |
411,891 |
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$ |
319,922 |
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$ |
295,780 |
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Fixed Charges: |
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Interest expense |
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$ |
11,068 |
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$ |
11,042 |
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$ |
11,244 |
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$ |
11,311 |
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$ |
11,408 |
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Portion of rentals representative of interest factor |
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7,820 |
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7,452 |
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7,416 |
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7,607 |
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7,453 |
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Total fixed charges |
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$ |
18,888 |
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$ |
18,494 |
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$ |
18,660 |
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$ |
18,918 |
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$ |
18,861 |
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Ratio of earnings to fixed charges |
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22.15 |
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27.50 |
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22.07 |
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16.91 |
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15.68 |
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