EXHIBIT 12.1
Computation of Ratios of Earnings to Fixed Charges
Years Ended December 31 | |||||||||||||||
2002 | 2001 | 2000 | 1999 | 1998 | |||||||||||
Fixed Charges: | |||||||||||||||
Interest charges | $ | 28,196 | $ | 21,446 | $ | 6,838 | $ | 6,632 | $ | 8,068 | |||||
Interest portion of rent expense |
| 89 |
| 56 |
| 15 |
| 30 |
| 22 | |||||
Total fixed charges | $ | 28,285 | $ | 21,502 | $ | 6,853 | $ | 6,662 | $ | 8,090 | |||||
Earnings: | |||||||||||||||
Earnings | $ | 245 | $ | 1,870 | $ | 15,528 | $ | 7,782 | $ | 4,306 | |||||
Interest charges |
| 28,196 |
| 21,446 |
| 6,838 |
| 6,632 |
| 8,068 | |||||
Interest portion of rent expense |
| 89 |
| 56 |
| 15 |
| 30 |
| 22 | |||||
Total earnings | $ | 28,530 | $ | 23,372 | $ | 22,381 | $ | 14,444 | $ | 12,396 | |||||
Ratio of earnings to fixed charges |
| 1.0x |
| 1.1x |
| 3.3x |
| 2.2x |
| 1.5x |