COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollar amounts in thousands)
For the six months ended
June 30,
2000 1999
---------------------------------------------------------------------------
EARNINGS
Pre-tax income $22,546 $19,528
Fixed charges 6,589 6,492
------- -------
Total(a) $29,135 $26,020
======= =======
FIXED CHARGES
Interest expense and amortization of debt discount
and premium on all indebtedness $ 6,041 $ 6,082
Interest portion of rental expenses 548 410
------- -------
Total fixed charges(b) $ 6,589 $ 6,492
======= =======
Ratio of earnings to fixed charges(a)/(b) 4.4x 4.0x
======= =======