EX-12.1 2 a68438pex12-1.txt EXHIBIT 12.1 1 EXHIBIT 12.1 CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, Nine Months Ended -------------------------------------------- September 30, ----------------- 1998 1997 1996 1995 1994 1999 1998 ------- ------- ------ ------ ------ ------- ------- Earnings: Earnings before income taxes and extraordinary item 175,134 85,603 48,226 11,482 17,966 103,958 132,460 Fixed charges 37,346 30,786 28,460 22,970 23,955 27,836 23,924 ------- ------- ------ ------ ------ ------- ------- 212,480 116,389 76,686 34,452 41,921 131,794 156,384 ======= ======= ====== ====== ====== ======= ======= Fixed Charges: Interest expense and amortization of debt discount and debt issuance costs 17,781 12,948 11,590 10,137 9,078 11,637 9,414 Interest component of rent expense 19,565 17,838 16,870 12,833 14,877 16,199 14,510 ------- ------- ------ ------ ------ ------- ------- 37,346 30,786 28,460 22,970 23,955 27,836 23,924 ======= ======= ====== ====== ====== ======= ======= Ratio of earnings to fixed charges 5.7 3.8 2.7 1.5 1.7 4.7 6.5 ======= ======= ====== ====== ====== ======= =======