Ratio of Earnings to Fixed Charges
| | Nine months ended September 30, 2007 | Year Ended December 31, | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||||||||
| Pretax income from continuing operations | $ | 192,213 | $ | 237,887 | $ | 189,652 | $ | 129,093 | $ | 101,832 | $ | 93,238 | ||||||||||
| Less: Income from equity investees | 27,494 | 38,318 | 26,971 | 1,265 | — | — | ||||||||||||||||
| Add: Minority interest | 158,804 | 212,523 | 144,263 | 115,524 | 80,952 | 80,846 | ||||||||||||||||
| Fixed charges | 59,888 | 65,325 | 45,284 | 37,294 | 28,328 | 30,645 | ||||||||||||||||
| Distributed equity method income | 41,326 | 46,033 | 16,565 | — | — | — | ||||||||||||||||
| Earnings available for fixed charges | $ | 424,737 | $ | 523,450 | $ | 368,793 | $ | 280,646 | $ | 211,112 | $ | 204,729 | ||||||||||
| Fixed charges: | ||||||||||||||||||||||
| Interest expense | $ | 52,446 | $ | 55,938 | $ | 34,408 | $ | 28,084 | $ | 19,690 | $ | 21,635 | ||||||||||
| Amortization of debt issuance costs | 2,317 | 2,862 | 3,018 | 3,641 | 3,286 | 3,687 | ||||||||||||||||
| Estimated portion of rental expense equivalent to interest | 5,125 | 6,525 | 7,858 | 5,569 | 5,352 | 5,323 | ||||||||||||||||
| Total fixed charges | $ | 59,888 | $ | 65,325 | $ | 45,284 | $ | 37,294 | $ | 28,328 | $ | 30,645 | ||||||||||
| Ratio of earnings to fixed charges | 7.1x | 8.0x | 8.1x | 7.5x | 7.5x | 6.7x | ||||||||||||||||
