EX-12 7 cmw2256f.htm RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12

Three Months Ended
June 30,
Six Months Ended
June 30,
2006
2005
2006
2005

Earnings:
                   
   Income from operations   $ 15,999   $ 15,979   $ 26,914   $ 27,088  
   Plus: fixed charges    12,495    11,936    24,617    23,232  




     28,494   $ 27,915   $ 51,531   $ 50,320  

Fixed charges:
  
   Interest expense (income), net including amortization of debt    9,914    9,400    19,414    18,244  
   Rent expense    7,744    7,609    15,610    14,964  
   One-third of rent expense (1)    2,581    2,536    5,203    4,988  




     12,495    11,936    24,617    23,232  

Ratio of earnings to fixed charges
    2.28    2.34    2.09    2.17  

(1) Represents the portion of rent expense which our management believes is representative of the interest component of rent expense.