Attached files
file | filename |
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EX-10.5 - EX-10.5 - AMETEK INC/ | d309462dex105.htm |
EX-10.13 - EX-10.13 - AMETEK INC/ | d309462dex1013.htm |
EX-23 - EX-23 - AMETEK INC/ | d309462dex23.htm |
EX-31.2 - EX-31.2 - AMETEK INC/ | d309462dex312.htm |
EX-3.1 - EX-3.1 - AMETEK INC/ | d309462dex31.htm |
EX-21 - EX-21 - AMETEK INC/ | d309462dex21.htm |
EX-32.1 - EX-32.1 - AMETEK INC/ | d309462dex321.htm |
EX-31.1 - EX-31.1 - AMETEK INC/ | d309462dex311.htm |
EX-10.4 - EX-10.4 - AMETEK INC/ | d309462dex104.htm |
EX-10.3 - EX-10.3 - AMETEK INC/ | d309462dex103.htm |
EX-32.2 - EX-32.2 - AMETEK INC/ | d309462dex322.htm |
EX-10.10 - EX-10.10 - AMETEK INC/ | d309462dex1010.htm |
10-K - FORM 10-K - AMETEK INC/ | d309462d10k.htm |
Exhibit 12
AMETEK, Inc.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
(In thousands) | ||||||||||||||||||||
Earnings: |
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Income from continuing operations |
$ | 693,103 | $ | 806,380 | $ | 804,832 | $ | 724,795 | $ | 662,475 | ||||||||||
Interest expense gross |
93,653 | 91,319 | 79,147 | 72,972 | 74,885 | |||||||||||||||
Capitalized interest |
(207 | ) | (489 | ) | (73 | ) | (201 | ) | (213 | ) | ||||||||||
Amortization of debt financing costs |
858 | 965 | 855 | 801 | 800 | |||||||||||||||
Interest portion of rental expense |
15,425 | 14,518 | 14,874 | 13,177 | 9,325 | |||||||||||||||
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Adjusted earnings |
$ | 802,832 | $ | 912,693 | $ | 899,635 | $ | 811,544 | $ | 747,272 | ||||||||||
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Fixed charges: |
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Interest expense, net of capitalized interest |
$ | 93,446 | $ | 90,830 | $ | 79,074 | $ | 72,771 | $ | 74,672 | ||||||||||
Capitalized interest |
207 | 489 | 73 | 201 | 213 | |||||||||||||||
Amortization of debt financing costs |
858 | 965 | 855 | 801 | 800 | |||||||||||||||
Interest portion of rental expense |
15,425 | 14,518 | 14,874 | 13,177 | 9,325 | |||||||||||||||
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Fixed charges |
$ | 109,936 | $ | 106,802 | $ | 94,876 | $ | 86,950 | $ | 85,010 | ||||||||||
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Ratio of adjusted earnings to fixed charges |
7.3x | 8.5x | 9.5x | 9.3x | 8.8x | |||||||||||||||
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