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COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| | 2002 | 2003 | 2004 | 2005 | 2006 | Nine Months Ended 9/30/07 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense, including amortization of debt issuance costs | $ | 38,513 | $ | 38,568 | $ | 45,355 | $ | 41,007 | $ | 37,492 | $ | 33,835 | ||||||||
| Capitalized interest | 11,413 | 7,820 | 6,935 | 730 | 1,686 | 8,523 | ||||||||||||||
| Fixed charges (a) | 49,926 | 46,388 | 52,290 | 40,277 | 39,178 | 42,358 | ||||||||||||||
| Income before taxes and extraordinary items | 124,477 | 75,437 | 475,033 | 360,626 | 631,555 | 473,646 | ||||||||||||||
| Amortization of capitalized interest | 2,932 | 3,859 | 3,670 | 4,073 | 4,814 | 4,025 | ||||||||||||||
| Less capitalized interest | (11,413 | ) | (7,820 | ) | (6,935 | ) | (730 | ) | (1,686 | ) | (8,523 | ) | ||||||||
| Adjusted earnings (b) | $ | 165,922 | $ | 117,864 | $ | 524,058 | $ | 404,245 | $ | 673,861 | $ | 511,506 | ||||||||
| Ratio (b) / (a) | 3.32 | x | 2.54 | x | 10.02 | x | 10.04 | x | 17.20 | x | 12.08 | x | ||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES