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EXHIBIT 12.1
Computation of Ratio of Debt to Equity
Year ended December 31, | ||||||||||||||||||||
Dollars in thousands | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||
Debt | $ | 322,770 | $ | 357,779 | $ | 380,532 | $ | 382,522 | $ | 462,650 | ||||||||||
Equity | 216,318 | 171,504 | 162,765 | 162,977 | 174,946 | |||||||||||||||
Debt to equity | 1.49 | 2.09 | 2.34 | 2.35 | 2.64 | |||||||||||||||
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