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Previous: BRIGGS & STRATTON CORP, 10-Q, EX-11, 2000-11-13 |
Next: BRIGGS & STRATTON CORP, 10-Q, EX-27, 2000-11-13 |
<PAGE> 1
EXHIBIT 12
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
<TABLE>
<CAPTION>
Three Months Ended
---------------------------------------------
October 1, 2000 September 26, 1999
-------------------- --------------------
<S> <C> <C>
Net income (loss) $ (6,304) $ 25,703
Add:
Interest 4,568 3,127
Income tax expense and other taxes on income (3,705) 15,090
Fixed charges of unconsolidated subsidiaries -- 86
-------------------- --------------------
Earnings (loss) as defined $ (5,441) $ 44,006
==================== ====================
Interest $ 4,568 $ 3,127
Fixed charges of unconsolidated subsidiaries -- 86
-------------------- --------------------
Fixed charges as defined $ 4,568 $ 3,213
==================== ====================
Ratio of earnings to fixed charges* -- 13.70 x
==================== ====================
</TABLE>
* For the quarter ended October 1, 2000, earnings were inadequate to cover
fixed charges by $10,009,000.
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