EXHIBIT 12.1
RATIO OF EARNINGS TO FIXED CHARGES
Our ratio of earnings to fixed charges is as follows:
| Year Ended December 31, | ||||||||||||||||||||
| 2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||||
| (Restated) | (Restated) | (Restated) | (Restated) | (Restated) | ||||||||||||||||
| (In Thousands, Except Ratio) | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||
| Income before income taxes | $ | 34,091 | $ | 8,511 | $ | 3,928 | $ | 2,796 | $ | 47,463 | ||||||||||
| Interest expense | 16,155 | 14,797 | 15,251 | 12,286 | 15,438 | |||||||||||||||
| Capitalized expenses related to indebtedness | 801 | 746 | 442 | 617 | 651 | |||||||||||||||
| Portion of rents representative of the interest factor | 1,560 | 1,440 | 1,440 | 966 | 1,208 | |||||||||||||||
| $ | 52,607 | $ | 25,494 | $ | 21,061 | $ | 16,665 | $ | 64,760 | |||||||||||
Fixed Charges: | ||||||||||||||||||||
| Interest expense, including amount capitalized | 16,915 | 15,120 | 15,945 | 13,011 | 16,095 | |||||||||||||||
| Capitalized expenses related to indebtedness | 801 | 746 | 442 | 617 | 651 | |||||||||||||||
| Portion of rents representative of the interest factor | 1,560 | 1,440 | 1,440 | 966 | 1,208 | |||||||||||||||
| $ | 19,276 | $ | 17,306 | $ | 17,827 | $ | 14,594 | $ | 17,954 | |||||||||||
Ratio of earnings to fixed charges | 2.73 | 1.47 | 1.18 | 1.14 | 3.61 | |||||||||||||||