Exhibit 12.1 Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements (in thousands) ----------------------------------------------- ------------------------- Year ended December 31, Six months ended June 30, 1996 1997 1998 1999 2000 2000 2001 ------- ------- ------- ------- ------- -------- -------- Income from continuing operations before income tax provision $23,113 $41,931 $34,733 $50,058 $60,160 $ 27,009 $ 30,596 Add: Interest expense, net 18,954 15,703 14,066 11,860 12,566 6,358 6,808 Discount on accounts receivable securitization 6,521 6,584 4,655 5,240 6,881 3,818 2,905 Distributions on mandatorily redeemable preferred securities -- -- 4,494 7,095 7,095 3,548 3,548 Portion of rents representative of the interest factor 8,521 8,781 8,712 8,702 9,382 4,696 4,963 ------- ------- ------- ------- ------- -------- -------- Income as adjusted $57,109 $72,999 $66,660 $82,955 $96,084 $ 45,429 $ 48,820 ------- ------- ------- ------- ------- -------- -------- Fixed charges: Interest expense, net $18,954 $15,703 $14,066 $11,860 $12,566 $ 6,358 $ 6,808 Discount on accounts receivable securitization 6,521 6,584 4,655 5,240 6,881 3,818 2,905 Distributions on mandatorily redeemable preferred securities -- -- 4,494 7,095 7,095 3,548 3,548 Portion of rents representative of the interest factor 8,521 8,781 8,712 8,702 9,382 4,696 4,963 Pretax preferred stock dividend requirements 9,225 8,922 3,272 -- -- -- -- ------- ------- ------- ------- ------- -------- -------- Fixed charges (including pretax preferred stock dividend requirements) $43,221 $39,990 $35,199 $32,897 $35,924 $ 18,420 $ 18,224 ------- ------- ------- ------- ------- -------- -------- Ratio of earnings to combined fixed charges and preferred stock dividend requirements 1.32 1.83 1.89 2.52 2.67 2.47 2.68 ======= ======= ======= ======= ======= ======== ========