EXHIBIT 12
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
2007Annual Report on Form 10-K
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
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| Fiscal Year Ended |
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| July 1, 2007 |
| July 2, 2006 |
| July 3, 2005 |
| June 27, 2004 |
| June 29, 2003 |
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Earnings |
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Income before income taxes |
| $ | (7,319 | ) | $ | 152,366 |
| $ | 174,315 |
| $ | 205,004 |
| $ | 118,578 |
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Less: Equity income from equity investees |
| (3,303 | ) | (4,174 | ) | (5,336 | ) | (7,876 | ) | (5,224 | ) | |||||
Add: Fixed charges |
| 46,592 |
| 45,248 |
| 39,232 |
| 42,166 |
| 42,483 |
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Distributed income of equity investees |
| 4,879 |
| 4,632 |
| 5,967 |
| 4,392 |
| 4,080 |
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Earnings as defined |
| $ | 40,849 |
| $ | 198,072 |
| $ | 214,178 |
| $ | 243,686 |
| $ | 159,917 |
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Fixed Charges |
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Interest expense |
| $ | 42,932 |
| $ | 40,085 |
| $ | 34,929 |
| $ | 35,694 |
| $ | 38,380 |
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Amortization of discounts related to indebtedness |
| 759 |
| 829 |
| 758 |
| 758 |
| 782 |
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Imputed interest on deferred revenue |
| — |
| 1,177 |
| 1,196 |
| 1,213 |
| 1,227 |
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Interest expense as reported |
| 43,691 |
| 42,091 |
| 36,883 |
| 37,665 |
| 40,389 |
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Amortization of deferred financing fees |
| 1,173 |
| 1,708 |
| 1,233 |
| 3,778 |
| 1,519 |
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Portion of rent expense relating to interest |
| 1,728 |
| 1,449 |
| 1,116 |
| 723 |
| 575 |
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Fixed charges as defined |
| $ | 46,592 |
| $ | 45,248 |
| $ | 39,232 |
| $ | 42,166 |
| $ | 42,483 |
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Ratio of earnings to fixed charges |
| 0.9 | x | 4.4 | x | 5.5 | x | 5.8 | x | 3.8 | x | |||||
