EX-12.1 11 v113410_ex12-1.htm
 
Exhibit 12.1

Ratio of Earnings to Fixed Charges
(In thousands)

   
Year Ended December 31,
  
 
  
2003
  
2004
  
2005
  
2006
  
2007
  
Income before income taxes
  
$
4,215
  
$
2,700
  
$
7,068
  
$
7,468
  
$
14,455
  
Plus fixed charges:
                                
Interest expense
    
116
    
260
    
117
    
-
    
2,145
  
Estimate of the interest within rental expense
    
-
    
-
    
-
    
-
    
-
  
 
                                
 Total fixed charges
    
116
    
260
    
117
    
-
    
2,145
  
 
                                
Fixed charges
    
116
    
260
    
117
    
-
    
2,145
  
 
                                
Earnings to fixed charges
  
$
4,331
  
$
2,960
  
$
7,185
  
$
7,468
  
$
14,455
  
 
                                
Ratio of earnings to fixed charges
    
37.34
 x   
11.38
 x   
61.41
 x   
n/a
    
6.74
 x