EX-12 3 ex12.txt EXHIBIT-12 Exhibit 12 COMPUTATION OF RATIOS (in thousands)
Fiscal Year Ending ------------------------------- 2001 2000 1999 ---- ---- ---- Income from continuing operations before income taxes $18,737 $5,700 $35,291 Minority Interest and Equity in loss of unconsolidated affiliate 5,592 3,190 49 Fixed Charges 14,736 18,632 20,226 Total Earnings $39,065 $27,522 $55,566 Earnings to Fixed Charges (1) 2.65:1 1.48:1 2.75:1
(1) Calculated by dividing the sum of income from continuing operations, Minority Interest, Equity in loss of unconsolidated affiliate and fixed charges by fixed charges. Fixed charges represent total interest expense including amortization of debt expense.