EX-12 2 exhibit122017123010k.htm EXHIBIT 12 Exhibit


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
Fiscal Year
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings Available for Fixed Charges:
 
 
 
 
 
 
 
 
 
Income Before Taxes
$
277.2

 
$
266.4

 
$
196.9

 
$
90.3

 
$
170.5

Interest Expense
56.1

 
58.7

 
60.2

 
39.1

 
42.4

Estimated Interest Component of Rental Expense
15.5

 
14.1

 
15.0

 
12.8

 
13.1

Total Earnings Available for Fixed Charges
$
348.8

 
$
339.2

 
$
272.1

 
$
142.2

 
$
226.0

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense
$
56.1

 
$
58.7

 
$
60.2

 
$
39.1

 
$
42.4

Estimated Interest Component of Rental Expense
15.5

 
14.1

 
15.0

 
12.8

 
13.1

Total Fixed Charges
$
71.6

 
$
72.8

 
$
75.2

 
$
51.9

 
$
55.5

Ratio of Earnings to Fixed Charges
4.9

 
4.7

 
3.6

 
2.7

 
4.1