Attached files
file | filename |
---|---|
EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q1_2018.htm |
EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q1_2018.htm |
EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q1_2018.htm |
EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q1_2018.htm |
10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-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 |