- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
- 10-K Annual report
- 10 Supplemental Retirement Plan for Executives
- 10 Deferred Compensation Plan for Non-management Directors
- 10 Deferred Compensation Plan for Officers and Key Employees
- 10 Stock-based Incentive Compensation Plan for Non-employee Directors
- 10 Officers and Key Employee Supplemental Retirement Plan
- 10 Amended and Restated Change of Control Severance Plan
- 10 Form of Amended and Restated Special Severance Agreement
- 10 Earnings Adjustment Plan
- 10 Benefit Equalization Plan
- 10 Receivables Purchase Agreement and Purchase and Sale Agreement
- 10 Fifth and Sixth Amendments to Receivables Purchase Agreement
- 12 Computation of Ratios of Earnings to Fixed Charges (Unadited)
- 21 Subsidiaries of the Registrant
- 23 Consent of Experts and Counsel
- 24 Powers of Attorney
- 31 Section 302 CEO Certifications
- 31 Section 302 CFO Certifications
- 32 Section 906 CEO and CFO Certifications
- 99 Agreement to Furnish Debt Instruments
Exhibit 12
Carpenter Technology Corporation
Computation of Ratios of Earnings to Fixed Charges — unaudited
Five Years ended June 30, 2007
(dollars in millions)
2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest costs(a) | $ | 23.3 | $ | 23.6 | $ | 23.1 | $ | 23.8 | $ | 31.1 | ||||||||||
Interest component of non-capitalized lease rental expense(b) | 3.0 | 1.8 | 2.6 | 2.7 | 3.8 | |||||||||||||||
Total fixed charges | $ | 26.3 | $ | 25.4 | $ | 25.7 | $ | 26.5 | $ | 34.9 | ||||||||||
Earnings as defined: | ||||||||||||||||||||
Income (loss) before income taxes | $ | 331.0 | $ | 309.1 | $ | 190.0 | $ | 49.7 | $ | (22.9 | ) | |||||||||
Less income from less-than-fifty-percent owned entities, and loss on sale of partial interest in less-than-fifty percent owned entities | (1.2 | ) | (1.6 | ) | (0.9 | ) | (1.0 | ) | (0.6 | ) | ||||||||||
Fixed charges less interest capitalized | 25.8 | 25.1 | 25.6 | 26.4 | 34.8 | |||||||||||||||
Amortization of capitalized interest | 2.5 | 2.5 | 2.5 | 2.5 | 2.6 | |||||||||||||||
Earnings as defined | $ | 358.1 | $ | 335.1 | $ | 217.2 | $ | 77.6 | $ | 13.9 | ||||||||||
Ratio of earnings to fixed charges | 13.6 | x | 13.2 | x | 8.5 | x | 2.9 | x | 0.4 | x | ||||||||||
(a) | Includes interest capitalized relating to significant construction projects, and amortization of debt discount and debt issue costs. |
(b) | One-third of rental expense which approximates the interest component of non-capitalized leases. |