EX-12.1 2 a06-1653_1ex12d1.htm STATEMENTS REGARDING COMPUTATION OF RATIOS

Exhibit 12.1

 

WADDELL & REED FINANCIAL, INC.

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

 

 

 

Nine Months
Ended
September 30,

 

Year Ended
December 31,

 

 

 

2005

 

2004

 

2003

 

2002

 

2001

 

2000

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before provision for income taxes

 

$

64,326

 

$

158,210

 

$

84,934

 

$

132,598

 

$

171,120

 

$

227,946

 

Fixed charges

 

15,115

 

16,403

 

15,801

 

18,035

 

23,355

 

17,999

 

Total earnings

 

$

79,441

 

$

174,613

 

$

100,735

 

$

150,633

 

$

194,475

 

$

245,945

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

10,598

 

$

10,724

 

$

9,759

 

$

12,298

 

$

18,286

 

$

14,590

 

Portion of rentals representative of interest factor

 

4,517

 

5,679

 

6,042

 

5,737

 

5,069

 

3,409

 

Total fixed charges

 

$

15,115

 

$

16,403

 

$

15,801

 

$

18,035

 

$

23,355

 

$

17,999

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed changes

 

5.26

 

10.65

 

6.38

 

8.35

 

8.33

 

13.66