Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - BRIGGS & STRATTON CORP | ex-322xbggx722017.htm |
| EX-32.1 - EXHIBIT 32.1 - BRIGGS & STRATTON CORP | ex-321xbggx722017.htm |
| EX-31.2 - EXHIBIT 31.2 - BRIGGS & STRATTON CORP | ex-312xbggx722017.htm |
| EX-31.1 - EXHIBIT 31.1 - BRIGGS & STRATTON CORP | ex-311xbggx722017.htm |
| EX-23.1 - EXHIBIT 23.1 - BRIGGS & STRATTON CORP | ex-231xbggx722017.htm |
| EX-21 - EXHIBIT 21 - BRIGGS & STRATTON CORP | ex-21xbggx722017.htm |
| EX-10.5(A)(1) - EXHIBIT 10.5(A)(1) - BRIGGS & STRATTON CORP | ex-105a1.htm |
| 10-K - 10-K - BRIGGS & STRATTON CORP | bgg-722017.htm |
Exhibit 12
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
2017 ANNUAL REPORT ON FORM 10-K
COMPUTATION OF RATIO OF EARNINGS (LOSSES) TO FIXED CHARGES
(in thousands)
Fiscal Year Ended | |||||||||||||||||||
July 2, 2017 | July 3, 2016 | June 28, 2015 | June 29, 2014 | June 30, 2013 | |||||||||||||||
Earnings (Loss) | |||||||||||||||||||
Income (Loss) before income taxes | $ | 79,661 | $ | 35,356 | $ | 56,958 | $ | 37,134 | $ | (54,164 | ) | ||||||||
Less: Equity income from equity investees | (11,056 | ) | (4,947 | ) | (7,303 | ) | (6,264 | ) | (4,244 | ) | |||||||||
Add: Fixed Charges | 22,291 | 22,154 | 21,714 | 20,911 | 21,139 | ||||||||||||||
Add: Distributed income of equity investees | 9,067 | 6,119 | 4,628 | 4,070 | 4,636 | ||||||||||||||
Earnings (Loss) as defined | $ | 99,963 | $ | 58,682 | $ | 75,997 | $ | 55,851 | $ | (32,633 | ) | ||||||||
Fixed Charges | |||||||||||||||||||
Interest expense | $ | 20,293 | $ | 20,033 | $ | 19,532 | $ | 18,466 | $ | 18,519 | |||||||||
Interest expense as reported | 20,293 | 20,033 | 19,532 | 18,466 | 18,519 | ||||||||||||||
Amortization of debt issuance costs | 855 | 929 | 957 | 988 | 1,007 | ||||||||||||||
Portion of rent expense relating to interest | 1,143 | 1,192 | 1,225 | 1,457 | 1,613 | ||||||||||||||
Fixed charges as defined | $ | 22,291 | $ | 22,154 | $ | 21,714 | $ | 20,911 | $ | 21,139 | |||||||||
Ratio of earnings (loss) to fixed charges | 4.5x | 2.6x | 3.5x | 2.7x | — | ||||||||||||||
Coverage deficiency | $ | — | $ | — | $ | — | $ | — | $ | 53,772 | |||||||||