EX-12.1 2 a2179701zex-12_1.htm EX 12.1
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Exhibit 12.1


COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Unaudited)

 
    
   Years Ended
December 31,
 
   Nine Months Ended
September 30,
2007
 
   2006
   2005
   2004
   2003
   2002
 
   (In Thousands)
EARNINGS                          
  Earnings from continuing operations before income taxes, amortization of capitalized interest and net equity in undistributed earnings of subsidiaries   $ 208,456   254,649   245,488   200,144   146,907   33,094
  Add fixed charges (excluding portion capitalized)     86,762   72,997   62,385   58,622   50,192   51,054
   
 
 
 
 
 
  Earnings available for fixed charges     295,218   327,646   307,873   258,766   197,099   84,148

FIXED CHARGES
 
 
 
 
 
 
 
 
 
 
 
 
 
  Interest cost and amortization of debt costs and discounts     94,506   75,508   62,300   57,844   49,341   50,433
  Portion of rental cost equivalent to interest     1,263   2,047   1,440   1,159   1,213   1,051
   
 
 
 
 
 
  Total fixed charges   $ 95,769   77,555   63,740   59,003   50,554   51,484
   
 
 
 
 
 
Ratio of earnings to fixed charges     3.1   4.2   4.8   4.4   3.9   1.6



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COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (Unaudited)