Exhibit 12.1
Ratio of Earnings to Fixed Charges
(In thousands)
Year Ended | Nine Months Ended September 30, | ||||||||||||||||||
2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||||||||||||||
Income before income taxes | $ | 3,562 | $ | 4,215 | $ | 2,700 | $ | 7,068 | $ | 7,468 | $ | 11,170 | |||||||
Plus fixed charges: | |||||||||||||||||||
Interest expense | 12 | 116 | 260 | 117 | 1,341 | ||||||||||||||
Estimate of the interest within rental expense | |||||||||||||||||||
Total fixed charges | 12 | 116 | 260 | 117 | 1,341 | ||||||||||||||
Fixed charges | 12 | 116 | 260 | 117 | 1,341 | ||||||||||||||
Earnings to fixed charges | $ | 3,574 | $ | 4,331 | $ | 2,960 | $ | 7,185 | $ | 7,468 | $ | 12,511 | |||||||
Ratio of earnings to fixed charges | 297.83 | x | 37.34 | x | 11.38 | x | 61.41 | x | n/a | 9.32 | x |