Dover (DOV) 8-K Other Events

EXHIBIT 12.1

Statement Regarding Computation of

Ratio of Earnings to Fixed Charges

	Nine Months Ended September 30,				Years Ended December 31,
(dollar amounts in thousands)	2013		2012		2012		2011 (a)		2010 (a)		2009 (a)		2008 (a)
Earnings from continuing operations before provision for income taxes	$	947,336	$	865,300	$	1,137,571	$	1,010,262	$	813,122	$	515,282	$	803,128
Add fixed charges:
Interest expense		92,917		94,210		125,995		124,783		115,324		116,048		130,018
Rent expense (interest portion)		22,590		19,964		26,917		25,637		21,801		21,244		20,887
Total fixed charges		115,507		114,174		152,912		150,420		137,125		137,292		150,905
Earnings as adjusted	$	1,062,843	$	979,474	$	1,290,483	$	1,160,682	$	950,247	$	652,574	$	954,033
Ratio of earnings to fixed charges		9.20		8.58		8.44		7.72		6.93		4.75		6.32

(a) Earnings from continuing operations for 2011 and prior have been adjusted to exclude operations that have been classified as discontinued subsequent to 2011.

The earnings to fixed charges ratio is calculated by dividing earnings available for fixed charges for each period by fixed charges for that period. Earnings available for fixed charges is calculated by adding pre-tax income from continuing operations and fixed charges. Fixed charges are the sum of interest expense, the amount amortized from debt financing costs, and an estimate of the amount of interest within the Company’s rental expense. All interest expense for the Company is classified within continuing operations.