Attached files

file filename
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORPexhibit99q1_2018.htm
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORPexhibit32q1_2018.htm
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORPexhibit312q1_2018.htm
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORPexhibit311q1_2018.htm
10-Q - 10-Q - MGIC INVESTMENT CORPmtg-033118x10q.htm


MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
 
 
(In thousands, except ratio)
 
Three Months Ended March 31, 2018
 
 
 
 
 
Net earnings before taxes
 
$
180,025

 
 
 
 
 
Fixed Charges:
 
 
 
Interest expense
 
12,805

 
Amortization of debt expense
 
428

 
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor)
 
145

 
Total fixed charges
 
13,378

 
 
 
 
 
Net earnings and fixed charges
 
$
193,403

 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
14.5