Exhibit 12
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
(in thousands) |
| Year Ended September 30, |
| Quarter |
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|
| 2002 |
| 2003 |
| 2004 |
| 2005 |
| 2006 |
| 2006 |
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Fixed Charges Computation |
|
|
|
|
|
|
|
|
|
|
|
|
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Interest expensed and capitalized |
| $ | 417 |
| $ | 12,060 |
| $ | 13,857 |
| $ | 49,043 |
| $ | 35,119 |
| $ | 8,819 |
|
Amortized premiums, discounts, and capitalized expenses related to indebtedness |
| 136 |
| 3,857 |
| 6,031 |
| 10,634 |
| 2,843 |
| 619 |
| ||||||
Reasonable approximation of interest within rental expense |
| 72 |
| 1,139 |
| 1,462 |
| 2,433 |
| 3,092 |
| 806 |
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|
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|
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|
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|
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Total Fixed Charges and Preferred Equity Dividends |
| $ | 625 |
| $ | 17,056 |
| $ | 21,350 |
| $ | 62,110 |
| $ | 41,054 |
| $ | 10,244 |
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Earnings Computation |
|
|
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|
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Pre-tax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees |
| $ | 40,236 |
| $ | 60,081 |
| $ | 105,107 |
| $ | 163,808 |
| $ | 137,816 |
| $ | 23,888 |
|
Plus |
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|
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|
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Fixed charges |
| 625 |
| 17,056 |
| 21,350 |
| 62,110 |
| 41,054 |
| 10,244 |
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Minus |
|
|
|
|
|
|
|
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Interest capitalized |
| — |
| 230 |
| 435 |
| 464 |
| 1,027 |
| 266 |
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Total Earnings |
| $ | 40,861 |
| $ | 76,907 |
| $ | 126,022 |
| $ | 225,454 |
| $ | 177,843 |
| $ | 33,866 |
|
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Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
| 65.38 |
| 4.51 |
| 5.90 |
| 3.63 |
| 4.33 |
| 3.31 |
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