1 IDEX CORPORATION RATIO OF EARNINGS BEFORE FIXED CHARGES TO FIXED CHARGES (IN THOUSANDS, EXCEPT RATIOS) NINE MONTHS ENDED YEAR ENDED DECEMBER 31, SEPTEMBER 30, ----------------------- ------------- 1996 1995 1994 1993 1992 1997 1996 ---- ---- ---- ---- ---- ---- ---- EARNINGS BEFORE FIXED CHARGES: INCOME BEFORE INCOME TAXES AND EXTRAORDINARY ITEMS.................... $78,854 $71,043 $52,516 $38,298 $30,984 $68,054 $57,350 ADD: FIXED CHARGES.......................... 18,942 15,948 13,581 11,007 12,178 14,463 13,537 ------- ------- ------- ------- ------- ------- ------- TOTAL EARNINGS BEFORE FIXED CHARGES.... $97,796 $86,991 $66,097 $49,305 $43,162 $82,517 $70,887 ======= ======= ======= ======= ======= ======= ======= FIXED CHARGES: INTEREST ON INDEBTEDNESS............... $18,302 $15,324 $12,962 $10,367 $11,299 $13,977 $13,062 AMORTIZATION OF DEBT ISSUANCE EXPENSES............................... 640 624 619 640 879 486 475 RENTAL EXPENSE REPRESENTATIVE OF THE INTEREST FACTOR................. - - - - - - - ------- ------- ------- ------- ------- ------- ------- TOTAL FIXED CHARGES.................... $18,942 $15,948 $13,581 $11,007 $12,178 $14,463 $13,537 ======= ======= ======= ======= ======= ======= ======= RATIO OF EARNINGS BEFORE FIXED CHARGES TO FIXED CHARGES............... 5.16x 5.45x 4.87x 4.48x 3.54x 5.71x 5.24x ======= ======= ======= ======= ======= ======= =======