Exhibit 12.1
GETTY REALTY CORP.
STATEMENT OF COMPUTATION OF EARNINGS TO FIXED CHARGES
(in thousands)
STATEMENT OF COMPUTATION OF EARNINGS TO FIXED CHARGES
(in thousands)
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Earnings before income taxes and discontinued operations | $ | 50,107 | $ | 41,653 | $ | 38,716 | $ | 27,500 | $ | 41,342 | ||||||||||
Add fixed charges: | ||||||||||||||||||||
Interest expense | 5,050 | 5,091 | 7,034 | 7,760 | 3,527 | |||||||||||||||
Earnings | $ | 55,157 | $ | 46,744 | $ | 45,750 | $ | 35,260 | $ | 44,869 | ||||||||||
Fixed charges — interest expense | $ | 5,050 | $ | 5,091 | $ | 7,034 | $ | 7,760 | $ | 3,527 | ||||||||||
Ratio of Earnings to Fixed Charges | 10.92x | 9.18x | 6.50x | 4.54x | 12.72x |