EXHIBIT 12.1
PRIMERICA, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Years Ended December 31,
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| (In thousands) | ||||||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | $ | 20,872 | $ | — | $ | — | $ | — | $ | — | ||||||||||
Interest on investment–type contracts | 10,180 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
Total fixed charges | $ | 31,052 | $ | 12,998 | $ | 14,683 | $ | 14,923 | $ | 15,122 | ||||||||||
Income before income taxes | $ | 399,143 | $ | 759,955 | $ | 353,036 | $ | 913,172 | $ | 878,196 | ||||||||||
Add back: | ||||||||||||||||||||
Total fixed charges | 31,052 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
Total income before income taxes and fixed charges | $ | 430,195 | $ | 772,953 | $ | 367,719 | $ | 928,095 | $ | 893,318 | ||||||||||
Ratio of earnings to fixed charges | 13.9x | 59.5x | 25.0x | 62.2x | 59.1x | |||||||||||||||