Attached files
file | filename |
---|---|
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q3.htm |
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q3.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q3.htm |
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q3.htm |
10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-093016x10q.htm |
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Nine Months Ended September 30, 2016 | |||
Net earnings before taxes | $ | 352,676 | ||
Fixed Charges: | ||||
Interest expense | 38,090 | |||
Amortization of debt expense | 2,391 | |||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 393 | |||
Total fixed charges | 40,874 | |||
Net earnings and fixed charges | $ | 393,550 | ||
Ratio of Earnings to Fixed Charges | 9.6 |