EX-12.1 5 c61541exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
IDEX CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
                                                 
    Nine Months        
    Ended        
    September        
    30,     Year Ended December 31,  
    2010     2009     2008     2007     2006     2005  
Earnings:
                                                
Pre-tax earnings
   $ 171,309     $ 168,827     $ 192,227     $ 232,876     $ 198,658     $ 168,877  
Fixed charges
     11,341       17,340       19,266       24,039       16,905       14,912  
 
                                    
Total earnings
   $ 182,650     $ 186,167     $ 211,493     $ 256,915     $ 215,563     $ 183,789  
 
                                                
Fixed charges:
                                                
Interest expense
   $ 11,195     $ 17,178     $ 18,852     $ 23,353     $ 16,353     $ 14,370  
Interest portion of rental charges
     146       162       414       686       552       542  
 
                                    
Total fixed charges
   $ 11,341     $ 17,340     $ 19,266     $ 24,039     $ 16,905     $ 14,912  
Ratio of Earnings to Fixed Charges
     16.1 x     10.7 x     11.0 x     10.7 x     12.8 x     12.3 x
          For the purpose of computing the above ratios, “earnings” consists of income before income taxes, plus fixed charges. “Fixed charges” consists of interest expense (which includes interest on indebtedness and amortization of debt issue costs) and a portion of rentals deemed to be interest.