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New words:
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Removed:
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Statement Setting Forth Detail for Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Year Ended December 31, | ||||||||||||||||
2003 | 2004 | 2005 | 2006 | 2007 | ||||||||||||
Fixed Charges | ||||||||||||||||
Interest expense | $ | 3,501 | $ | 4,807 | $ | 17,729 | $ | 20,082 | $ | 21,738 | ||||||
Earnings | ||||||||||||||||
Income before income taxes | 11,600 | 10,074 | 3,246 | 2,802 | (195 | ) | ||||||||||
Add: Interest expense | 3,501 | 4,807 | 17,729 | 20,082 | 21,738 | |||||||||||
Total Earnings | 15,101 | 14,881 | 20,975 | 22,884 | 21,543 | |||||||||||
Ratio of earnings to fixed charges | 4.3 | 3.1 | 1.2 | 1.1 | 1.0 |