Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(In Thousands)
Nine Months Ended September 30, | Year Ended December 31, | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2006 | 2005 | 2005 | 2004 | 2003 | 2002 | 2001 | |||||||||
Earnings | |||||||||||||||
Income before | |||||||||||||||
taxes | $ 9,865 | $11,103 | $22,756 | $14,074 | $13,989 | $5,958 | $6,061 | ||||||||
Fixed charges | 7,077 | 3,728 | 6,419 | 2,980 | 2,756 | 3,036 | 2,930 | ||||||||
Total earnings | $16,942 | $14,831 | $29,175 | $17,054 | $16,745 | $8,994 | $8,991 | ||||||||
Fixed Charges | |||||||||||||||
Interest expense & | |||||||||||||||
amortization of debt | |||||||||||||||
costs | $ 2,668 | $ 1,402 | $ 2,553 | $ 1,047 | $ 956 | $1,236 | $1,053 | ||||||||
Interest expense in rent | 4,409 | 2,326 | 3,866 | 1,933 | 1,800 | 1,800 | 1,877 | ||||||||
Total fixed charges | $7,077 | $3,728 | $6,419 | $2,980 | $2,756 | $3,036 | $2,930 | ||||||||
Ratio of earnings to | |||||||||||||||
fixed charges | 2.4 x | 4.0 x | 4.5 x | 5.7 x | 6.1 x | 3.0 x | 3.1 x |