EX-12.1 3 0003.txt COMPUTATION OF EARNINGS PER SHARE Exhibit 12.1 Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31, 2000 1999 1998 1997 1996 -------------------------------------------------------------------- Consolidated pretax income from continuing operations (18,396,488) 50,307,000 72,970,000 60,109,000 46,465,000 Interest 19,192,119 6,807,106 6,819,257 6,751,975 6,444,424 Interest portion of rental expense 2,539,743 2,147,371 1,683,549 1,278,793 959,180 ----------- ----------- ----------- ----------- ----------- Earnings 3,335,374 59,261,477 81,472,806 68,139,768 53,868,604 =========== =========== =========== =========== =========== Interest 19,192,119 6,807,106 6,819,257 6,751,975 6,444,424 Interest portion of rental expense 2,539,743 2,147,371 1,683,549 1,278,793 959,180 Preferred stock dividend requirements -- -- -- 127,478 201,319 ----------- ----------- ----------- ----------- ----------- Fixed Charges 21,731,862 8,954,477 8,502,806 8,158,246 7,604,923 =========== =========== =========== =========== =========== Ratio of Earnings to Fixed Charges 0.15 6.62 9.58 8.35 7.08