EX-12.1 2 ex12-1.htm EXHIBIT 12.1 ex12-1.htm
Exhibit 12.1
 
 
                                  Three Months Ended  
   
Year Ended December 31,
     March 31,  
   
2006
    
2007
    
2008
    
2009
    
2010
    
2010
    
2011
  
RATIO OF EARNINGS TO FIXED CHARGES
                                          
                                           
Net Income (Loss) from Continuing Operations
   $ 55,905     $ 67,598     $ 77,691     $ 82,111     $ 58,436     $ 20,951     $ (5,913 )
Interest Expense
     47,611       44,092       39,746       39,075     $ 90,602       14,553       20,710  
Net Income (Loss) before Fixed Charges
     103,516       111,690       117,437       121,186       149,038       35,504       14,797  
                                                         
Capitalized Interest
   $ -     $ 110     $ 160     $ 141     $ 22     $ 1     $ 2  
Interest
     47,611       44,092       39,746       39,075       90,602       14,553       20,710  
Total Fixed Charges
   $ 47,611     $ 44,202     $ 39,906     $ 39,216     $ 90,624     $ 14,554     $ 20,712  
                                                         
Earnings / Fixed Charge coverage ratio
     2.2 x     2.5 x     2.9 x     3.1 x     1.6 x     2.4 x     *  
 
* Our earnings were insufficent to cover fixed charges by $5,915.