EX-12 3 rbc-2015404xex12.htm EXHIBIT 12 RBC-2015.4.04-EX12


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
Three Months Ended
 
Years Ended
 
April 4
 
January 3
 
December 28,
 
December 29,
 
December 31,
 
January 1,
 
2015
 
2015
 
2013
 
2012
 
2011
 
2011
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before taxes
$
51.2

 
$
90.3

 
$
170.5

 
$
269.9

 
$
226.3

 
$
220.7

Interest expense
13.6

 
39.1

 
42.4

 
44.5

 
31.1

 
19.6

Estimated interest component of rental expense
3.6

 
12.8

 
13.1

 
12.2

 
10.7

 
6.6

Total earnings available for fixed charges
$
68.4

 
$
142.2

 
$
226.0

 
$
326.6

 
$
268.1

 
$
246.9

 


 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
13.6

 
$
39.1

 
$
42.4

 
$
44.5

 
$
31.1

 
$
19.6

Estimated interest component of rental expense
3.6

 
12.8

 
13.1

 
12.2

 
10.7

 
6.6

Total fixed charges
$
17.2

 
$
51.9

 
$
55.5

 
$
56.7

 
$
41.8

 
$
26.2

Ratio of earnings to fixed charges
4.0

 
2.7

 
4.1

 
5.6

 
6.4

 
9.4