EX-12.1 2 d329195dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Statement Regarding Computation of Ratio of Earnings to Fixed Charges and Preference Dividends

Ratio of Earnings to Fixed Charges (dollar amounts in thousands):

 

     Three Months Ended
March  31, 2012		  

Earnings:

   

Income from continuing operations before provision for income taxes

    $ 20,174   

Add:

   

Fixed charges

      22,328   

Less: Undistributed earnings (losses) from equity method investees

      —     
  

 

 

  

Total earnings

    $ 42,502   
  

 

 

  

Fixed charges:

   

Interest expense

    $ 9,124   

Estimate of interest expense within rental expense

      13,204   
  

 

 

  

Total fixed charges

    $ 22,328   
  

 

 

  

Ratio of earnings to fixed charges

      1.9x