Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
3Q 2006 | 3Q 2005 | YTD 2006 | YTD 2005 | |||||||||
Income from continuing operations |
10,190 | 10,483 | 28,468 | 29,251 | ||||||||
Additions: |
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Fixed charges |
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Interest expense |
12,527 | 9,798 | 34,453 | 27,668 | ||||||||
Capitalized interest |
1,038 | 289 | 2,508 | 729 | ||||||||
13,565 | 10,087 | 36,961 | 28,397 | |||||||||
Deductions: |
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Capitalized interest |
(1,038 | ) | (289 | ) | (2,508 | ) | (729 | ) | ||||
Adjusted earnings |
22,717 | 20,281 | 62,921 | 56,919 | ||||||||
Fixed Charges (from above) |
13,565 | 10,087 | 36,961 | 28,397 | ||||||||
Ratio of Earnings to Fixed Charges |
1.67 | 2.01 | 1.70 | 2.00 |