Exhibit 12.1

(in thousands)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2005			2004			2005			2004
Fixed Charges Computation:
Preferred stock dividend	$	—		$	—		$	878		$	772
Interest expense, including amortization of debt issuance costs, on convertible debt	1,241			528			2,468			1,055
Total fixed charges and preferred dividends	1,241			528			3,346			1,827
Earnings Computation:
Profit before equity in income of investee	12,400			11,472			16,234			15,929
Add:
Fixed charges	1,241			528			3,346			1,827
Earnings as adjusted	$	13,641		$	12,000		$	19,580		$	17,756
Ratio of earnings to fixed charges	11.0		x	22.7		x	7.9		x	16.8		x
Ratio of earnings to fixed charges and preferred dividends	11.0		x	22.7		x	5.9		x	9.7		x