|
Year Ended
December 31,
|
Nine
Month Period Ended
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2004(1)
|
2005
|
2006
|
2007
|
2008
|
September 30,
2009
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Calculation
of Earnings
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Pre-Tax
Income From Continuing Operations
|
$ | 19,454 | $ | 20,025 | $ | 30,344 | $ | 45,448 | $ | 30,478 | $ | 42,631 | ||||||||||||
|
Fixed
Charges
|
14,037 | 13,238 | 14,354 | 16,982 | 23,705 | 18,068 | ||||||||||||||||||
|
Pre-Tax
Income From Continuing Operations and Fixed Charges
|
$ | 33,491 | $ | 33,263 | $ | 44,698 | $ | 62,430 | $ | 54,183 | $ | 60,699 | ||||||||||||
|
Calculation
of Fixed Charges
|
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|
Interest
Expense
|
$ | 7,856 | $ | 5,956 | $ | 5,821 | $ | 5,609 | $ | 5,197 | $ | 3,643 | ||||||||||||
|
Interest
Factor in Rental Expense (2)
|
6,181 | 7,282 | 8,533 | 11,373 | 18,508 | 14,425 | ||||||||||||||||||
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Total
Fixed Charges
|
$ | 14,037 | $ | 13,238 | $ | 14,354 | $ | 16,982 | $ | 23,705 | $ | 18,068 | ||||||||||||
|
Ratio
of Earnings to Fixed Charges
|
2.39 | 2.51 | 3.11 | 3.68 | 2.29 | 3.36 | ||||||||||||||||||
|
(1)
|
Pre-tax
income from continuing operations for 2004 includes $14,090 for the
pre-tax cumulative effect of a change in method of accounting for
maintenance costs.
|
|
(2)
|
The
portion of total rental expense that represents the interest factor is
estimated to be 32%.
|