Attached files
Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges | |||||||||||||||
(in thousands) | |||||||||||||||
Year Ended December 31,
|
|||||||||||||||
2005
|
2006
|
2007
|
2008
|
2009
|
|||||||||||
Earnings (loss) | |||||||||||||||
Pre-tax loss | $ | (169,778) | $ | (112,668) | $ | (3,502) | $ | (31,905) | $ | (19,606) | |||||
Total fixed charges | $ |
25,937
|
$ |
29,634
|
$ |
41,932
|
$ |
65,534
|
$ |
52,759
|
|||||
Total income (loss) before fixed charges | $ |
(143,841)
|
$ |
(83,034)
|
$ |
38,430
|
$ |
33,629
|
$ |
33,153
|
|||||
Fixed Charges | |||||||||||||||
Interest expenses | $ | 25,119 | $ | 28,970 | $ | 41,397 | $ | 65,373 | $ | 52,627 | |||||
Assumed interest attributable to rentals | $ |
818
|
$ |
664
|
$ |
535
|
$ |
161
|
$ |
132
|
|||||
Total fixed charges | $ |
25,937
|
$ |
29,634
|
$ |
41,932
|
$ |
65,534
|
$ |
52,759
|
|||||
Deficiency of earnings available to cover fixed charges | $ |
169,778
|
$ |
112,668
|
$ |
3,502
|
$ |
31,905
|
$ |
19,606
|
|||||
Ratio of earnings available to cover fixed charges | n/a | n/a | n/a | n/a | n/a |