Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
| Three months ended June 30, | Year ended December 31, | |||||||||||||||||||||
| 2009 | 2008 | 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||
EARNINGS: | ||||||||||||||||||||||
Income (loss) from continuing operations before income taxes and non-controlling interest | $ | 11,093 | $ | 57,511 | $ | 100,341 | $ | 88,264 | $ | 34,987 | $ | 14,537 | $ | (23,713 | ) | |||||||
Fixed charges | 2,622 | 3,055 | 8,817 | 8,523 | 8,369 | 5,624 | 3,707 | |||||||||||||||
Total earnings | 13,715 | 60,566 | 109,158 | 96,787 | 43,356 | 20,161 | (20,006 | ) | ||||||||||||||
FIXED CHARGES: | ||||||||||||||||||||||
Interest on debt and amortization of deferred financing costs | 819 | 2,014 | 4,666 | 5,363 | 5,421 | 2,279 | 945 | |||||||||||||||
Estimated interest expense included in rental expense | 1,121 | 1,041 | 4,151 | 3,160 | 2,948 | 3,345 | 2,762 | |||||||||||||||
Preference security dividends, pre-tax | 682 | — | — | — | — | — | — | |||||||||||||||
Total fixed charges | $ | 2,622 | $ | 3,055 | $ | 8,817 | $ | 8,523 | $ | 8,369 | $ | 5,624 | $ | 3,707 | ||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 5.23 | 19.83 | 12.38 | 11.36 | 5.18 | 3.58 | — | (1) | ||||||||||||||
| (1) | Earnings for the year ended December 31, 2004 were insufficient to cover fixed charges by $23.7 million. |