EX-12.1 10 ex12-1.htm EXHIBIT 12.1 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,
  
   
2004
    
2005
    
2006
    
2007
    
2008
  
Fixed charges
                              
Interest expense
   $ 4,807     $ 17,729     $ 20,082     $ 21,738     $ 21,808  
Earnings
                                        
Income before income taxes
     10,074       3,246       2,802       (195 )     243  
Add: Interest expense
     4,807       17,729       20,082       21,738       21,808  
Total earnings
     14,881       20,975       22,884       21,543       22,051  
Ratio of earnings to fixed charges
     3.1       1.2       1.1       1.0       1.0