EX-12.2 5 f83152p1exv12w2.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)
Six Months Year Ended Ended December 31, June 30, 2001 2002 ------------ ---------- Earnings: Income before taxes ............................. $52,998 $43,750 Fixed charges per below ......................... 28,435 14,687 Less: capitalized interest per below ............ 213 -- Current period amortization of interest capitalized in prior periods .................. -- -- ------- ------- Total earnings .................................. $81,220 $58,437 ======= ======= Fixed charges and preferred stock dividends: Interest expense ................................ $27,387 $14,097 Capitalized interest ............................ 213 -- Interest portion of rent expense ................ 835 590 Preferred dividend requirements ................. -- ------- ------- Total fixed charges and preferred stock dividends $28,435 $14,687 ======= ======= Ratio of earnings to combined fixed charges and preferred stock dividends ........................ 2.9 4.0 ======= =======