EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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YEAR ENDED
DECEMBER 31,
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1993 1994 1995 1996 1997 1998
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(In thousands)
Ratio of earnings to fixed charges:
Earnings:
Income from continuing operations
before taxes $18,812 $28,343 $38,081 $59,828 $60,278 $59,249
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Fixed Charges:
Interest charges 887 3,172 3,188 2,774 293 4,306
Interest factor of operating rents 738 877 1,240 1,871 2,142 3,481
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Total fixed charges 1,625 4,049 4,428 4,645 2,435 7,787
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Earnings, as adjusted $20,437 $32,392 $42,509 $64,473 $62,713 $67,036
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Ratio of earnings to fixed charges 12.6x 8.0x 9.6x 13.9x 25.8x 8.6x
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