Attached files

file filename
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORPexhibit99q3.htm
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORPexhibit32q3.htm
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORPexhibit312q3.htm
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORPexhibit311q3.htm
10-Q - 10-Q - MGIC INVESTMENT CORPmtg-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