Exhibit 12

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     2Q 2005

    2Q 2004

    YTD 2005

    YTD 2004

 

Income from continuing operations

   $ 8,992     $ 10,143     $ 18,903     $ 20,603  

Additions:

                                

Fixed charges

                                

Interest expense

     9,283       8,614       17,870       17,189  

Capitalized interest

     234       254       441       332  
    


 


 


 


       9,517       8,868       18,311       17,521  

Deductions:

                                

Capitalized interest

     (234 )     (254 )     (441 )     (332 )
    


 


 


 


Adjusted earnings

   $ 18,275     $ 18,757     $ 36,773     $ 37,792  
    


 


 


 


Fixed Charges (from above)

   $ 9,517     $ 8,868     $ 18,311     $ 17,521  

Ratio of Earnings to Fixed Charges

     1.92 x     2.12 x     2.01 x     2.16 x