Attached files
file | filename |
---|---|
10-K - 10-K - MGIC INVESTMENT CORP | mtg-123116x10k.htm |
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | mtg-123116xex32.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | mtg-123116xex312.htm |
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | mtg-123116xex311.htm |
EX-23 - EXHIBIT 23 - MGIC INVESTMENT CORP | mtg-123116xex23.htm |
EX-21 - EXHIBIT 21 - MGIC INVESTMENT CORP | mtg-123116xex21.htm |
EX-10.6 - EXHIBIT 10.6 - MGIC INVESTMENT CORP | mtg-123116xex106.htm |
EX-10.2.17 - EXHIBIT 10.2.17 - MGIC INVESTMENT CORP | mtg-123116xex10217.htm |
EX-10.2.16 - EXHIBIT 10.2.16 - MGIC INVESTMENT CORP | mtg-123116xex10216.htm |
Exhibit 12
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Year Ended December 31, 2016 | |||
Net earnings before taxes | $ | 514,714 | ||
Fixed Charges: | ||||
Interest expense | 53,585 | |||
Amortization of debt expense | 3,087 | |||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 532 | |||
Total fixed charges | 57,204 | |||
Net earnings and fixed charges | $ | 571,918 | ||
Ratio of Earnings to Fixed Charges | 10.0 |