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EXHIBIT 12.1
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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<CAPTION>
YEARS ENDED DECEMBER 31, SIX MONTHS
------------------------------------------- ENDED JUNE 30,
1995 1996 1997 1998 1999 2000
------ ------ ------ ------ ------- -------
(in thousands)
<S> <C> <C> <C> <C> <C> <C>
EARNINGS
Income From Continuing Operations................ 47,194 59,246 61,925 53,885 72,856 37,833
Fixed Charges.................................... 36,883 36,485 35,458 30,915 34,305 19,422
Capitalized Interest............................. (857) (1,388) (1,478) (795) (2,133) (2,265)
------ ------ ------ ------ ------- -------
Total Earnings................................ 83,220 94,343 95,905 84,005 105,028 54,990
====== ====== ====== ====== ======= =======
FIXED CHARGES
Interest Expense................................. 35,844 34,922 33,707 29,784 31,563 16,982
Capitalized Interest............................. 857 1,388 1,478 795 2,133 2,265
Rental Interest Factor........................... 182 175 273 336 609 175
------ ------ ------ ------ ------- -------
Total Fixed Charges........................... 36,883 36,485 35,458 30,915 34,305 19,422
====== ====== ====== ====== ======= =======
RATIO: EARNINGS/FIXED CHARGES...................... 2.26 2.59 2.70 2.72 3.06 2.83
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