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10-Q - 10-Q - REGAL BELOIT CORPrbc-201672x10q.htm
EX-32.1 - EXHIBIT 32.1 - REGAL BELOIT CORPrbc-201672xex321.htm
EX-31.2 - EXHIBIT 31.2 - REGAL BELOIT CORPrbc-201672xex312.htm
EX-31.1 - EXHIBIT 31.1 - REGAL BELOIT CORPrbc-201672xex311.htm


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
Six Months Ended
 
Years Ended
 
July 2,
 
January 2,
 
January 3,
 
December 28,
 
December 29,
 
December 31,
 
2016
 
2016
 
2015
 
2013
 
2012
 
2011
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before taxes
$
133.2

 
$
196.9

 
$
90.3

 
$
170.5

 
$
269.9

 
$
226.3

Interest expense
29.8

 
60.2

 
39.1

 
42.4

 
44.5

 
31.1

Estimated interest component of rental expense
7.8

 
15.0

 
12.8

 
13.1

 
12.2

 
10.7

Total earnings available for fixed charges
$
170.8

 
$
272.1

 
$
142.2

 
$
226.0

 
$
326.6

 
$
268.1

 


 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
29.8

 
$
60.2

 
$
39.1

 
$
42.4

 
$
44.5

 
$
31.1

Estimated interest component of rental expense
7.8

 
15.0

 
12.8

 
13.1

 
12.2

 
10.7

Total fixed charges
$
37.6

 
$
75.2

 
$
51.9

 
$
55.5

 
$
56.7

 
$
41.8

Ratio of earnings to fixed charges
4.6

 
3.6

 
2.7

 
4.1

 
5.6

 
6.4