| |
|
Period Ending
31-Mar-00
|
| |
|
(in thousands
except
ratios) |
| Earnings available
for fixed charges: |
|
|
|
|
Earnings from continuing operations before income taxes |
|
$ 75,937 |
|
| Less:
Equity earnings of minority-owned companies |
|
(1,440 |
) |
| Add:
Dividends received from investees under the equity method |
|
30 |
|
| Add:
Minority interest expense in majority-owned subsidiaries |
|
57 |
|
| Add:
Fixed charges before capitalized interest |
|
26,543 |
|
| Add:
Amortization of capitalized interest |
|
2,022 |
|
| |
|
|
|
|
Total earnings
available for fixed charges |
|
$103,149 |
|
| |
|
|
|
| Fixed
charges: |
|
|
|
|
Interest expense |
|
$ 22,141 |
|
|
Interest portion of rental expense |
|
4,240 |
|
|
Amortization of discount and capitalized expenses related to
indebtedness |
|
162 |
|
| |
|
|
|
| Total
fixed charges before capitalized interest |
|
26,543 |
|
|
Capitalized interest |
|
1,500 |
|
| |
|
|
|
|
Total fixed
charges |
|
$ 28,043 |
|
| |
|
|
|
| Ratio of earnings
to fixed charges |
|
3.68 |
|
| |
|
|
|
