Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
1Q 2006 | 1Q 2005 | |||||
Income from continuing operations |
10,632 | 9,850 | ||||
Additions: | ||||||
Fixed charges |
||||||
Interest expense |
10,322 | 8,588 | ||||
Capitalized interest |
701 | 206 | ||||
11,023 | 8,794 | |||||
Deductions: | ||||||
Capitalized interest |
(701 | ) | (206 | ) | ||
Adjusted earnings |
20,954 | 18,438 | ||||
Fixed Charges (from above) |
11,023 | 8,794 | ||||
Ratio of Earnings to Fixed Charges |
1.90 | 2.10 |