Exhibit 12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES NINE MONTHS ENDED SEPTEMBER 30, YEAR ENDED DECEMBER 31, ------------------------------- ------------------------------------------------------ Adjusted Adjusted Actual Pro Forma Actual Actual Actual Actual Actual 2000 2000 1999 1999 1998 1997 1996 1995 --------- --------- ------ ------ ------ ------ ------ ------ Earnings: Net Income 12,611 (41,800) 32,271 (94,842) 20,465 25,840 19,964 15,805 Taxes 7,766 6,795 22,052 5,328 13,224 5,279 1,207 505 Fixed Charges 34,187 34,187 37,055 35,328 7,420 6,377 7,769 5,672 Less Capitalized Interest ------------------- ---------------------------------------------------- Total Earnings 54,564 (818) 91,378 (54,186) 41,109 37,496 28,940 21,982 ------------------- ---------------------------------------------------- Fixed Charges: Interest Expense 22,475 22,475 20,611 20,328 4,153 3,995 5,730 3,806 Guarantees of Other Party Obligations Applicable Portion of Rent Expense 11,712 11,712 16,444 15,000 3,267 2,382 2,039 1,866 ------------------- ---------------------------------------------------- Total Fixed Charges 34,187 34,187 37,055 35,328 7,420 6,377 7,769 5,672 ------------------- ---------------------------------------------------- RATIO OF EARNINGS TO FIXED CHARGES 1.60 -- 2.47 -- 5.54 5.88 3.73 3.88 =================== ====================================================