Attached files
file | filename |
---|---|
EX-32.2 - EXHIBIT 32.2 - EDGEWELL PERSONAL CARE Co | epc10k93017ex322.htm |
EX-32.1 - EXHIBIT 32.1 - EDGEWELL PERSONAL CARE Co | epc10k93017ex321.htm |
EX-31.2 - EXHIBIT 31.2 - EDGEWELL PERSONAL CARE Co | epc10k93017ex312.htm |
EX-31.1 - EXHIBIT 31.1 - EDGEWELL PERSONAL CARE Co | epc10k93017ex311.htm |
EX-23.1 - EXHIBIT 23.1 - EDGEWELL PERSONAL CARE Co | epc10k93017ex231.htm |
EX-21.1 - EXHIBIT 21.1 - EDGEWELL PERSONAL CARE Co | epc10k93017ex211.htm |
EX-10.39 - EXHIBIT 10.39 - EDGEWELL PERSONAL CARE Co | epc10k93017ex1039.htm |
10-K - 10-K - EDGEWELL PERSONAL CARE Co | epc10k93017.htm |
Exhibit 12
Edgewell Personal Care Company
Computation of Ratio of Earnings to Fixed Charges
(in millions, except ratios)
Fiscal Year | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings (loss) from continuing operations before income taxes | $ | (52.9 | ) | $ | 219.9 | $ | (458.7 | ) | $ | 145.8 | $ | 205.4 | |||||||
Additions: | |||||||||||||||||||
Interest expense | 69.2 | 71.8 | 98.8 | 119.0 | 126.6 | ||||||||||||||
Estimated portion of rental expense attributable to interest | 1.2 | 1.0 | 1.0 | 1.2 | 1.2 | ||||||||||||||
Total fixed charges | $ | 70.4 | $ | 72.8 | $ | 99.8 | $ | 120.2 | $ | 127.8 | |||||||||
Earnings (loss) from continuing operations before income taxes plus fixed charges | $ | 17.5 | $ | 292.7 | $ | (358.9 | ) | $ | 266.0 | $ | 333.2 | ||||||||
Ratio of earnings to fixed charges (1) | 0.2 | 4.0 | (3.6 | ) | 2.2 | 2.6 |
(1) | In fiscal 2017, earnings were $52.9 less than total fixed charges, primarily due to a non-cash impairment charge of $319. In fiscal 2015, earnings were $458.7 less than fixed charges, primarily due to additional expenses incurred as a result of the separation of the Household Products business, as well as non-cash impairment charges. |