Attached files
Exhibit 12.1
Statement of computation of ratios of earnings to combined fixed charges and preferred stock dividends
| Year Ended December 31, | ||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | |||||||||||||
| Fixed charges (1) |
$ | 95,923 | $ | 96,267 | $ | 104,481 | $ | 5,332 | ||||||||
| Preferred stock dividends (2) |
— | — | — | — | ||||||||||||
| Combined fixed charges and preferred stock dividends |
$ | 95,923 | $ | 96,267 | $ | 104,481 | $ | 5,332 | ||||||||
| Fixed charges |
$ | 95,923 | $ | 96,267 | $ | 104,481 | $ | 5,332 | ||||||||
| Net income |
169,500 | 174,400 | 79,129 | 1,248 | ||||||||||||
| $ | 265,423 | $ | 270,667 | $ | 183,610 | $ | 6,580 | |||||||||
| Ratio of earnings to combined fixed charges and preferred stock dividends |
2.77 | 2.81 | 1.76 | 1.23 | ||||||||||||
| (1) | Fixed charges consist of interest expense on all indebtedness. |
| (2) | No preferred stock was outstanding during these periods. |