EX-12 2 rbc-2014927xex12.htm EXHIBIT 12 RBC-2014.9.27-EX12


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
Nine Months Ended
 
Years Ended
 
September 27,
 
December 28,
 
December 29,
 
December 31,
 
January 1,
 
January 2,
 
2014
 
2013
 
2012
 
2011
 
2011
 
2010
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before taxes
$
207.0

 
$
170.5

 
$
269.9

 
$
226.3

 
$
220.7

 
$
137.9

Interest expense
30.5

 
42.4

 
44.5

 
31.1

 
19.6

 
23.3

Estimated interest component of rental expense
9.8

 
13.1

 
12.2

 
10.7

 
6.6

 
6.3

Total earnings available for fixed charges
$
247.3

 
$
226.0

 
$
326.6

 
$
268.1

 
$
246.9

 
$
167.5

 


 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
30.5

 
$
42.4

 
$
44.5

 
$
31.1

 
$
19.6

 
$
23.3

Estimated interest component of rental expense
9.8

 
13.1

 
12.2

 
10.7

 
6.6

 
6.3

Total fixed charges
$
40.3

 
$
55.5

 
$
56.7

 
$
41.8

 
$
26.2

 
$
29.6

Ratio of earnings to fixed charges
6.1

 
4.1

 
5.6

 
6.4

 
9.4

 
5.7