Attached files
file | filename |
---|---|
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q1_2017.htm |
EX-99.27 - EXHIBIT 99.27 - MGIC INVESTMENT CORP | exhibit9927.htm |
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q1_2017.htm |
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q1_2017.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q1_2017.htm |
10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-033117x10q.htm |
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Three Months Ended March 31, 2017 | |||
Net earnings before taxes | $ | 173,957 | ||
Fixed Charges: | ||||
Interest expense | 17,855 | |||
Amortization of debt expense | 698 | |||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 145 | |||
Total fixed charges | 18,698 | |||
Net earnings and fixed charges | $ | 192,655 | ||
Ratio of Earnings to Fixed Charges | 10.3 |