EX-12.1 2 a2183141zex-12_1.htm EXHIBIT 12.1
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EXHIBIT 12.1


Ratio of Earnings to Combined Fixed Charges and Preferered Stock Dividends

 
  Year Ended
 
 
  December 31, 2007
  December 31, 2006
  December 31, 2005
 
 
  (in thousands)

 
Income (Loss) from Continuting Opeartions Before Income Taxes   $ 68,161   $ 37,453   $ (9,272 )
Fixed Charges     54,514     40,168     19,927  
Amortization of Capitalized Interest     159     77     7  
Capitalized Interest     (50 )   (604 )   (128 )
   
 
 
 
Earnings   $ 122,784     77,094     10,534  
   
 
 
 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 
Interest Expense   $ 51,445   $ 36,934   $ 17,367  
Portion of Rent Related to Interest     3,019     2,630     2,432  
Capitalized Interest     50     604     128  
   
 
 
 
Fixed Charges     54,514     40,168     19,927  
   
 
 
 
Preferred Stock Dividends              
   
 
 
 
Combined Fixed Charges and Preferred Stock Dividends   $ 54,514   $ 40,168   $ 19,927  
   
 
 
 

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

 

 

2.3

 

 

1.9

 

 

0.5

 
   
 
 
 



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Ratio of Earnings to Combined Fixed Charges and Preferered Stock Dividends