EX-12.1 5 v105755_ex12-1.htm
 
 
Statement Setting Forth Detail for Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
 
 
Year Ended December 31,
  
 
  
2003
  
2004
  
2005
  
2006
  
2007
  
Fixed Charges
  
 
  
 
  
 
  
 
  
 
  
Interest expense
  
$
3,501
  
$
4,807
  
$
17,729
  
$
20,082
  
$
21,738
  
Earnings
                      
Income before income taxes
    
11,600
    
10,074
    
3,246
    
2,802
    
(195
)
Add: Interest expense
    
3,501
    
4,807
    
17,729
    
20,082
    
21,738
  
Total Earnings
    
15,101
    
14,881
    
20,975
    
22,884
    
21,543
  
Ratio of earnings to fixed charges
    
4.3
    
3.1
    
1.2
    
1.1
    
1.0