EX-12 6 cmw3838c.htm RATIO OF EARNINGS TO FIXED CHARGES

Regal Beloit Corporation
Ratio of Earnings to Fixed Charges
(Dollars in thousands)

Nine Months
Ended
September 27,

Years Ended December
2008
2007
2006
2005
2004
2003
Earnings calculation:                            

Income before taxes & minority interest
   $ 170,724   $ 184,937   $ 174,842   $ 112,924   $ 48,558   $ 40,843  
Interest expense    21,449    22,056    19,886    22,090    6,787    6,462  
Estimated interest component of rental expense    4,337    4,433    2,500    2,705    2,189    2,366  






Total adjusted earnings   $ 196,510   $ 211,426   $ 197,228   $ 137,719   $ 57,534   $ 49,671  







Fixed charges:
  

Interest expense
   $ 21,449   $ 22,056   $ 19,886   $ 22,090   $ 6,787   $ 6,462  
Estimated interest component of rental expense    4,337    4,433    2,500    2,705    2,189    2,366  






Total fixed charges   $ 25,786   $ 26,489   $ 22,386   $ 24,795   $ 8,976   $ 8,828  

Ratio of earnings to fixed charges
    7.62    7.98    8.81    5.55    6.41    5.63  

Note: Interest component of rental expense is estimated to be 1/3 of rental expense.