Attached files
| file | filename |
|---|---|
| EX-99 - EXHIBIT 99 - MGIC INVESTMENT CORP | exhibit99q3_2018.htm |
| EX-32 - EXHIBIT 32 - MGIC INVESTMENT CORP | exhibit32q3_2018.htm |
| EX-31.2 - EXHIBIT 31.2 - MGIC INVESTMENT CORP | exhibit312q3_2018.htm |
| EX-31.1 - EXHIBIT 31.1 - MGIC INVESTMENT CORP | exhibit311q3_2018.htm |
| EX-10.17 - EXHIBIT 10.17 - MGIC INVESTMENT CORP | exhibit1017q3_2018.htm |
| 10-Q - 10-Q - MGIC INVESTMENT CORP | mtg-093018x10q.htm |
Exhibit 12
MGIC INVESTMENT CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio) | Nine Months Ended September 30, 2018 | Nine Months Ended September 30, 2017 | |||||||
Net earnings before taxes | $ | 649,441 | $ | 539,040 | |||||
Fixed Charges: | |||||||||
Interest expense | 38,443 | 42,143 | |||||||
Amortization of debt expense | 1,294 | 1,636 | |||||||
Rent expense (One-Fourth of all rentals, reasonable approximation of the interest factor) | 377 | 386 | |||||||
Total fixed charges | 40,114 | 44,165 | |||||||
Net earnings and fixed charges | $ | 689,555 | $ | 583,205 | |||||
Ratio of Earnings to Fixed Charges | 17.2 | 13.2 | |||||||