EXHIBIT 12(1)
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JUNE
1996 1995 1994 1993 1992 1991
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RATIO OF EARNINGS TO FIXED CHARGES
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Income (loss) from Continuing Operations 30,885 43,760 36,319 16,926 1,841 (4,488)
(before extraordinary items)
Add/(Less):
Income Tax Provision 21,551 31,819 26,798 13,869 1,401 (2,383)
Interest Expense 15,401 31,138 30,759 33,061 40,674 41,744
Interest Included in Rental Expense 873 1,848 1,310 1,284 1,388 1,098
Amortization of Cap. Interest 237 610 319 469 479 428
Dividends Received From Equity Invest. 370 877 790 441 270 0
(Income)/Loss from Equity Invest. (761) (1,452) (1,675) (1,540) (459) (636)
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Earnings as Defined 63,556 108,600 94,620 64,510 45,594 35,763
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Fixed Charges:
Interest Expenses 15,401 31,138 30,759 33,061 40,674 41,744
Capitalized Interest 725 1,428 4 0 82 1,456
Interest Included in Rent Expense 873 1,848 1,310 1,284 1,388 1,098
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Total Fixed Charges 16,999 34,414 32,073 34,345 42,144 44,298
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RATIO OF EARNINGS TO FIXED CHARGES 4.0 3.2 3.0 1.9 1.1 0.8
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