EX-12.1 2 a2168339zex-12_1.htm EXHIBIT 12.1
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 12.1


STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
  Years ended December 31,
 
 
  2005
  2004
  2003
  2002
  2001
 
 
  (in thousands)

 
Earnings:                                
  Pretax income from continuing operations   $ 40,811   $ 35,990   $ 25,029   $ 33,574   $ 15,607  
  Equity (earnings) losses from equity investee     (1,757 )   (1,328 )   162     (1,347 )   (1,569 )
  Fixed charges     28,150     19,811     17,746     11,834     10,189  
  Distributed income of equity investee     1,317     978     1,866     1,600     2,098  
  Capitalized interest     (1,114 )   (353 )   (59 )        
   
 
 
 
 
 
Total earnings   $ 67,407   $ 55,098   $ 44,744   $ 45,661   $ 26,325  
   
 
 
 
 
 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Interest expense   $ 26,720   $ 19,209   $ 17,487   $ 11,634   $ 10,056  
  Estimated interest expense within operating lease expense     316     249     200     200     133  
  Capitalized interest     1,114     353     59          
   
 
 
 
 
 
Total fixed charges   $ 28,150   $ 19,811   $ 17,746   $ 11,834   $ 10,189  
   
 
 
 
 
 
Ratio of earnings to fixed charges     2.39     2.78     2.52     3.86     2.58  
   
 
 
 
 
 



QuickLinks

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES