Exhibit 12.1
Predecessor Entity | Successor Entity | |||||||||||||||||||||||||||||||
Year Ended December 31, | Nine Months Ended September 30, 2009 | For the period from January 1, 2010 through May 7, 2010 | For the period from May 8, 2010 through September 30, 2010 | |||||||||||||||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||||||||||||||
Earnings adjusted for fixed charges: | ||||||||||||||||||||||||||||||||
Income from operations before income taxes | $ | 11,131 | $ | 16,375 | $ | 19,866 | $ | 27,683 | $ | 37,053 | $ | 38,588 | $ | 8,846 | $ | 5,213 | ||||||||||||||||
Add: Interest expense | 4,545 | 12,845 | 13,695 | 13,729 | 14,948 | 11,212 | 5,717 | 9,205 | ||||||||||||||||||||||||
Add: Estimate of implicit interest in rental expense | 1,241 | 1,628 | 1,920 | 2,747 | 3,051 | 2,279 | 1,124 | 1,341 | ||||||||||||||||||||||||
Less: Noncontrolling interests | (7,198 | ) | (11,833 | ) | (14,706 | ) | (17,179 | ) | (22,391 | ) | (15,823 | ) | (9,266 | ) | (10,949 | ) | ||||||||||||||||
Total adjustments | (1,412 | ) | 2,640 | 909 | (703 | ) | (4,392 | ) | (2,332 | ) | (2,425 | ) | (403 | ) | ||||||||||||||||||
Adjusted income from operations | $ | 9,719 | $ | 19,015 | $ | 20,775 | $ | 26,980 | $ | 32,661 | $ | 36,256 | $ | 6,421 | $ | 5,810 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||||||
Interest expense | $ | 4,545 | $ | 12,845 | $ | 13,695 | $ | 13,729 | $ | 14,948 | $ | 11,212 | $ | 5,717 | $ | 9,205 | ||||||||||||||||
Interest portion of rent expense | 1,241 | 1,628 | 1,920 | 2,747 | 3,051 | 2,279 | 1,124 | 1,341 | ||||||||||||||||||||||||
Total fixed charges | $ | 5,786 | $ | 14,473 | $ | 15,615 | $ | 16,476 | $ | 17,999 | $ | 13,491 | $ | 6,841 | $ | 10,546 | ||||||||||||||||
Ratio of earnings to fixed charges | 1.68 | 1.31 | 1.33 | 1.64 | 1.81 | 2.69 | 0.94 | 0.55 | ||||||||||||||||||||||||