Exhibit 12.1
| Year Ended December 31, | ||||||||||||||||||||
| (dollars in thousands) | 2005 | 2006 | 2007 | 2008 | 2009 | |||||||||||||||
| Fixed charges: | ||||||||||||||||||||
| Interest expense, other | $ | 44,715 | $ | 45,886 | $ | 49,776 | $ | 73,903 | $ | 93,629 | ||||||||||
| Rent expense (interest factor) | 25,998 | 32,471 | 31,987 | 32,119 | 31,763 | |||||||||||||||
| Total fixed charges | 70,713 | 78,357 | 81,763 | 106,022 | 125,392 | |||||||||||||||
| Income from continuing operations before income taxes and cumulative effect of change in accounting principle | 152,639 | 140,999 | 173,584 | (770,966 | ) | 22,359 | ||||||||||||||
| Income from continuing operations before income taxes and cumulative effect of change in accounting principle & fixed charges | 221,028 | 215,703 | 252,883 | (666,488 | ) | 147,049 | ||||||||||||||
| Ratio of earnings to fixed charges (a) | 3.1 | x | 2.8 | x | 3.1 | x | $ | (772,509 | )(b) | 1.2 | x | |||||||||
| (a) | For the purposes of the ratio of earnings to fixed charges: 1) earnings consist of income before provision for income taxes plus fixed charges (excluding capitalized interest) and 2) fixed charges consist of interest expensed and capitalized, amortization of debt discount and expense relating to indebtedness and the portion of rental expense representative of the interest factor attributable to leases for rental property. The ratio of earnings to fixed charges is calculated by adding fixed charges to income before income taxes and minority interest and dividing the sum by fixed charges. | |
| (b) | Reflects deficiency of earnings available to cover fixed charges. Because of the deficiency, ratio information is not provided. |