EX-12.1 3 v068153_ex12-1.htm
 
Exhibit 12.1
 
Statement Setting Forth Detail for Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
 
   
Year Ended December 31,
  
   
2002
  
2003
  
2004
  
2005
  
2006
  
Fixed Charges
                                
Interest expense
  
$
4,680
  
$
3,501
  
$
4,807
  
$
17,729
  
$
20,082
  
Earnings
                                
Income before income taxes
    
11,017
    
11,600
    
10,074
    
3,246
    
2,802
  
Add: Interest expense
    
4,680
    
3,501
    
4,807
    
17,729
    
20,082
  
Total Earnings
    
15,697
    
15,101
    
14,881
    
20,975
    
22,884
  
Ratio of earnings to fixed charges
    
3.4
    
4.3
    
3.1
    
1.2
    
1.1