RATIO SUPPORT
RATIO OF EARNINGS TO FIXED CHARGES
1994 1995 1996 1997 1998
---- ---- ---- ---- ----
Earnings:
Pre-Tax Income 7,845 (118) 7,154 11,443 (61,676)
Fixed Charges:
Interest Expense 2,299 2,424 2,177 1,834 10,692
Amort. of Debt Expense 386 147 59 62 824
Interest Factor of Rental Expense 321 355 369 377 502
------- ------- ------- ------- --------
Total Fixed Charges 3,006 2,926 2,605 2,273 12,018
------- ------- ------- ------- --------
Total Earnings 10,851 2,808 9,759 13,716 (61,676)
Total Fixed Charges 3,006 2,926 2,605 2,273 12,018
------- ------- ------- ------- --------
Ratio of earnings to fixed charges 3.6 1.0 3.7 6.0 (5.1)
------- ------- ------- ------- --------
Deficiency of earnings to cover fixed charges (73,694)
RATION OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
1994 1995 1996 1997 1998
---- ---- ---- ---- ----
Earnings:
Pre-Tax Income 7,845 (118) 7,154 11,443 (61,676)
Fixed Charges:
Interest Expense 2,299 2,424 2,177 1,834 10,692
Amort. of Debt Expense 386 147 59 62 824
Interest Factor of Rental Expense 321 355 369 377 502
Preferred Stock Dividend Expense -- -- -- -- 2,512
------ ----- ----- ------ ------
Total Fixed Charges 3,006 2,926 2,605 2,273 14,530
------ ----- ----- ------ ------
Total Earnings 10,851 2,808 9,759 13,716 (61,676)
Total Fixed Charges 3,006 2,926 2,605 2,273 14,530
------ ----- ----- ------ ------
Ratio of earnings to fixed Charges 3.6 1.0 3.7 6.0 (4.2)
and preferred stock dividends ------ ------ ------ ------ ------
Deficiency of earnings to cover fixed charges (76,206)
and preferred stock dividends
Computation if Interest Factor of Rental
- ----------------------------------------
Operating rental expense 963 1,065 1,106 1,132 1,110
Interest Factor 33% 33% 33% 33% 33%
--- ----- ----- ----- -----
Total 321 355 369 377 370
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Computation of Preferred Stock Expense
- --------------------------------------
Preferred stock expense
Tax effect (1.0-40)
Total