EX-12.1 8 a2106487zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


The Nasdaq Stock Market
Computation in Support of Ratio of Earnings to Fixed Charges
(Dollars in Thousands)
Unaudited

 
  Years ended December 31,
 
  2002
  2001
  2000
  1999
  1998
Pre-tax income from continuing operations (less minority interest)   71,697   73,091   44,955 * 144,570   60,965
Add: Fixed Charges   20,060   10,821   2,778   2,143   1,962
   
 
 
 
 
  Pre-tax earnings before fixed charges   91,757   83,912   47,733   146,713   62,927

Fixed Charges:

 

 

 

 

 

 

 

 

 

 
Interest   19,590   10,643   2,778   2,143   1,962
Other   470   178      
   
 
 
 
 
  Total Fixed Charges   20,060   10,821   2,778   2,143   1,962
Preferred Stock Dividend Requirements          
   
 
 
 
 
Total Combined Fixed Charges and Preferred Dividends   20,060   10,821   2,778   2,143   1,962
   
 
 
 
 
Ratio of Earnings to Fixed Charges   4.57   7.75   17.18   68.46   32.07
Ratio of Earnings to Fixed Charges & Preferred Stock Dividends   4.57   7.75   17.18   68.46   32.07

* Adjusted for cumulative effect in change in accounting principle of $169,046.




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The Nasdaq Stock Market Computation in Support of Ratio of Earnings to Fixed Charges (Dollars in Thousands) Unaudited