EX-12 3 c58496ex12.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12 BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands)
Three Months Ended --------------------------------------------- October 1, 2000 September 26, 1999 -------------------- -------------------- Net income (loss) $ (6,304) $ 25,703 Add: Interest 4,568 3,127 Income tax expense and other taxes on income (3,705) 15,090 Fixed charges of unconsolidated subsidiaries -- 86 -------------------- -------------------- Earnings (loss) as defined $ (5,441) $ 44,006 ==================== ==================== Interest $ 4,568 $ 3,127 Fixed charges of unconsolidated subsidiaries -- 86 -------------------- -------------------- Fixed charges as defined $ 4,568 $ 3,213 ==================== ==================== Ratio of earnings to fixed charges* -- 13.70 x ==================== ====================
* For the quarter ended October 1, 2000, earnings were inadequate to cover fixed charges by $10,009,000.