EXHIBIT 12.1
PRIMERICA, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Years Ended December 31,
| 2010 |
2009 |
2008 |
2007 |
2006 |
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| (In thousands) | ||||||||||||||||||||
| Fixed charges: |
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| Interest expense |
$ | 20,872 | $ | — | $ | — | $ | — | $ | — | ||||||||||
| Interest on investment–type contracts |
9,913 | 12,509 | 14,135 | 14,445 | 14,693 | |||||||||||||||
| Total fixed charges |
$ | 30,785 | $ | 12,509 | $ | 14,135 | $ | 14,445 | $ | 14,693 | ||||||||||
| Income before income taxes |
$ | 399,143 | $ | 759,955 | $ | 353,036 | $ | 913,172 | $ | 878,196 | ||||||||||
| Add back: |
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| Total fixed charges |
30,785 | 12,509 | 14,135 | 14,445 | 14,693 | |||||||||||||||
| Total income before income taxes and fixed charges |
$ | 429,928 | $ | 772,464 | $ | 367,171 | $ | 927,617 | $ | 892,889 | ||||||||||
| Ratio of earnings to fixed charges |
14.0x | 61.8x | 26.0x | 64.2x | 60.8x | |||||||||||||||