Exhibit 12
GARDNER DENVER, INC.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
For the Nine | ||||||||||||||||||||||||
Months Ended | ||||||||||||||||||||||||
September 30, | For the Years Ended December 31, | |||||||||||||||||||||||
2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income before income taxes | $ | 142,719 | $ | 95,644 | $ | 52,286 | $ | 30,358 | $ | 28,827 | $ | 34,683 | ||||||||||||
Fixed charges | 33,200 | 35,746 | 12,704 | 6,019 | 7,483 | 7,789 | ||||||||||||||||||
Earnings as defined | $ | 175,919 | $ | 131,390 | $ | 64,990 | $ | 36,377 | $ | 36,310 | $ | 42,472 | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 28,574 | $ | 30,433 | $ | 10,102 | $ | 4,748 | $ | 6,365 | $ | 6,796 | ||||||||||||
Rentals — portion representative of interest | 4,626 | 5,313 | 2,602 | 1,271 | 1,118 | 993 | ||||||||||||||||||
Total fixed charges | $ | 33,200 | $ | 35,746 | $ | 12,704 | $ | 6,019 | $ | 7,483 | $ | 7,789 | ||||||||||||
Ratio of Earnings to Fixed Charges | 5.3 | x | 3.7 | x | 5.1 | x | 6.0 | x | 4.9 | x | 5.5 | x | ||||||||||||