Exhibit 12.1
Statement Setting Forth Detail for Computation of Ratio of Earnings to Fixed Charges |
(dollars in thousands) |
Fiscal Year Ended December 31, | Six Months Ended June 30, | |||||||||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | |||||||||||||||||||
Fixed charges | ||||||||||||||||||||||||
Interest expense | $ | 17,729 | $ | 20,082 | $ | 21,378 | $ | 21,808 | $ | 25,416 | $ | 12,168 | ||||||||||||
Earnings | ||||||||||||||||||||||||
Income (loss) before income taxes | 3,246 | 2,802 | (195 | ) | 243 | (4,484 | ) | 32 | ||||||||||||||||
Add: Interest expense | 17,729 | 20,082 | 21,378 | 21,808 | 25,416 | 12,168 | ||||||||||||||||||
Total earnings | $ | 20,975 | $ | 22,884 | $ | 21,183 | $ | 22,051 | $ | 20,932 | $ | 12,200 | ||||||||||||
Ratio of earnings to fixed charges | 1.2 | 1.1 | 1.0 | 1.0 | 0.8 | 1.0 |