Attached files
| file | filename |
|---|---|
| EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q2_2018.htm |
| EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q2_2018.htm |
| EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q2_2018.htm |
| EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q2_2018.htm |
| 10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-063018x10q.htm |
Exhibit 12
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Six Months Ended June 30, 2018 | Six Months Ended June 30, 2017 | |||||||
Net earnings before taxes | $ | 417,547 | $ | 354,573 | |||||
Fixed Charges: | |||||||||
Interest expense | 25,618 | 29,307 | |||||||
Amortization of debt expense | 861 | 1,199 | |||||||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 264 | 263 | |||||||
Total fixed charges | 26,743 | 30,769 | |||||||
Net earnings and fixed charges | $ | 444,290 | $ | 385,342 | |||||
Ratio of Earnings to Fixed Charges | 16.6 | 12.5 | |||||||