EX-12.1 4 a2073561zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


Ratio of Earnings to Fixed Charges

 
  Years Ended December 31
 
 
  1997
  1998
  1999
  2000
  2001
 
 
  (in thousands)

 
Pretax earnings from continuing operations   5,464   7,935   7,654   27,687   61,365  
Fixed charges                      
  Interest expense   829   1,959   2,090   3,570   8,610  
  Capitalized interest   40   448   351   626   1,172  
   
 
 
 
 
 
Total fixed charges   869   2,407   2,441   4,196   9,782  
Less capitalized interest   (40 ) (448 ) (351 ) (626 ) (1,172 )
   
 
 
 
 
 
    829   1,959   2,090   3,570   8,610  
   
 
 
 
 
 
Adjusted earnings   6,293   9,894   9,744   31,257   69,975  
Ratio of earnings to fixed charges   7.24   4.11   3.99   7.45   7.15  



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Ratio of Earnings to Fixed Charges