EXHIBIT 12.1
Computation of Ratio of Earnings to Fixed Charges
For the
Three Months
Ended For the Year Ended December 31,
March 31, ----------------------------------------------
2003 2002 2001 2000 1999 1998
---- ---- ---- ---- ---- ----
(In Thousands)
Pre-tax income from
continuing operations
before adjustment for
minority interests in
consolidated
subsidiaries or income
or loss from equity
investees ............. 15,344 56,013 648 4,196 4,786 2,397
Add: Fixed Charges .... 15,171 63,795 35,073 30,103 18,466 4,620
Distributed income of
equity investees ...... 100 249 587 853 768 452
Earnings as adjusted .. 30,615 120,057 36,308 35,152 24,020 7,469
Fixed charges (interest
expense) .............. 15,171 63,795 35,073 30,103 18,466 4,620
Ratio of earnings to
fixed charges ......... 2.02x 1.88x 1.04x 1.17x 1.30x 1.62x