Attached files

file filename
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORPexhibit99q2.htm
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORPexhibit32q2.htm
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORPexhibit312q2.htm
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORPexhibit311q2.htm
10-Q - 10-Q - MGIC INVESTMENT CORPmtg-063016x10q.htm


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


(In thousands, except ratio)
 
Six Months Ended June 30, 2016
 
 
 
Net earnings before taxes
 
$
268,927

 
 
 
Fixed Charges:
 
 
Interest expense
 
24,412

Amortization of debt expense
 
2,533

Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor)
 
260

Total fixed charges
 
27,205

 
 
 
Net earnings and fixed charges
 
$
296,132

 
 
 
Ratio of Earnings to Fixed Charges
 
10.9