EX-12.1 2 w72957exv12w1.htm EX-12.1 exv12w1
EXHIBIT 12.1
Ratio of Earnings to Combined Fixed Charges and Preferered Stock Dividends
                         
    Year Ended
    December 31, 2008   December 31, 2007   December 31, 2006
    (in thousands)
Income from Continuting Opeartions Before Income Taxes
   $ 43,553     $ 68,161     $ 37,453  
 
Fixed Charges
     53,698       54,514       40,168  
Amortization of Capitalized Interest
     166       159       77  
Capitalized Interest
     (259 )     (50 )     (604 )
     
 
                        
Earnings
   $ 97,158     $ 122,784       77,094  
     
 
                        
Fixed Charges:
                        
Interest Expense
   $ 50,404     $ 51,445     $ 36,934  
Portion of Rent Related to Interest
     3,035       3,019       2,630  
Capitalized Interest
     259       50       604  
     
 
                        
Fixed Charges
     53,698       54,514       40,168  
     
 
                        
Preferred Stock Dividends
     —       —       —  
     
 
                        
Combined Fixed Charges and Preferred Stock Dividends
   $ 53,698     $ 54,514     $ 40,168  
     
 
                        
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
     1.8       2.3       1.9