. . . EXHIBIT 12.1 STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE YEARS ENDED DECEMBER 31, ------------------------------------------------------------- 1998 1999 2000 2001 2002 --------- --------- --------- --------- --------- Earnings: Pre-tax income from continuing operations .. $ 50,989 $ 79,080 $ 73,089 $ 34,382 $ 88,713 Fixed charges .............................. 26,338 94,277 127,575 118,743 99,324 Less: Preferred stock dividends ............ (3,234) (4,144) (4,144) (4,144) (4,144) Less: Capitalized interest ................. (262) -- -- -- -- Net fixed charges ....................... 22,842 90,133 123,431 114,599 95,180 --------- --------- --------- --------- --------- EARNINGS ..................................... $ 73,831 $ 169,213 $ 196,520 $ 148,981 $ 183,893 ========= ========= ========= ========= ========= FIXED CHARGES: Interest expense ........................... $ 20,267 $ 81,046 $ 111,929 $ 100,514 $ 83,908 Preferred stock dividends .................. 3,234 4,144 4,144 4,144 4,144 Capitalized interest ....................... 262 -- -- -- -- Amortization of debt costs ................. 865 4,930 6,254 6,689 5,255 Interest factor of rental expense .......... 1,710 4,157 5,248 7,396 6,017 --------- --------- --------- --------- --------- TOTAL FIXED CHARGES ........................ $ 26,338 $ 94,277 $ 127,575 $ 118,743 $ 99,324 ========= ========= ========= ========= ========= RATIO OF EARNINGS TO FIXED CHARGES ........... 2.8 1.8 1.5 1.3 1.9 ========= ========= ========= ========= =========