EX-12.2 10 f83152exv12w2.txt EXHIBIT 12.2 EXHIBIT 12.2 STATEMENT OF COMPUTATION OF PRO FORMA RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (In thousands)
Year Ended Three Months December 31, Ended March 31, 2001 2002 ---- ---- Earnings: Income before taxes $52,998 $20,138 Fixed charges per below 28,435 7,100 Less: capitalized interest per below 213 -- Current period amortization of interest capitalized in prior periods -- -- ---------------------- Total earnings $81,220 $27,238 ====================== Fixed charges and preferred stock dividends: Interest expense $27,387 $ 6,841 Capitalized interest 213 -- Interest portion of rent expense 835 259 Preferred dividend requirements -- ---------------------- Total fixed charges and preferred stock dividends $28,435 $ 7,100 ====================== Ratio of earnings to combined fixed charges and preferred stock dividends 2.9 3.8 ======================