EX-12 2 exhibt12.htm EXHIBIT 12 exhibt12.htm

EXHIBIT 12


REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

                               
   
December 27,
    
December 29,
    
Years Ended December 31,
   
2008
    
2007
    
2006
    
2005
    
2004
  
Earnings available for fixed charges:
                              
                               
Income before taxes and minority interest
   $ 204,201     $ 184,937     $ 174,842     $ 112,924     $ 48,558  
Interest expense
     27,709       22,056       19,886       22,090       6,787  
Estimated interest component of rental expense
     5,421       4,433       2,500       2,705       2,189  
Total earnings available for fixed charges
   $ 237,331     $ 211,426     $ 197,228     $ 137,719     $ 57,534  
                                         
Fixed charges:
                                        
                                         
Interest expense
   $ 27,709     $ 22,056     $ 19,886     $ 22,090     $ 6,787  
Estimated interest component of rental expense
     5,421       4,433       2,500       2,705       2,189  
Total fixed charges
   $ 33,130     $ 26,489     $ 22,386     $ 24,795     $ 8,976  
                                         
Ratio of earnings to fixed charges
     7.16       7.98       8.81       5.55       6.41  
 
Note: Interest component of rental expense is estimated to be 1/3 of rental expense.