| Predecessor | Successor | |||||||||||||||||||||||
|
Eleven |
||||||||||||||||||||||||
|
One Month |
Months |
|||||||||||||||||||||||
|
Year Ended |
Ended |
Ended |
||||||||||||||||||||||
|
December 31, |
January |
December 31, |
Year Ended December 31, | |||||||||||||||||||||
| 2006 | 2007 | 2007 | 2008 | 2009(1) | 2010(2) | |||||||||||||||||||
Earnings |
||||||||||||||||||||||||
Pretax
income (loss) from continuing operations |
$ | 117.9 | $ | 11.2 | $ | 82.0 | $ | 406.7 | $ | (278.6 | ) | $ | (75.2 | ) | ||||||||||
Fixed Charges |
3.2 | 0.1 | 62.1 | 85.2 | 117.0 | 140.3 | ||||||||||||||||||
Earnings |
$ | 121.1 | $ | 11.3 | $ | 144.1 | $ | 491.9 | $ | (161.6 | ) | $ | 65.0 | |||||||||||
Fixed charges: |
||||||||||||||||||||||||
Interest expense (3) |
$ | 2.8 | $ | 0.1 | $ | 61.7 | $ | 84.5 | $ | 116.5 | $ | 139.6 | ||||||||||||
Interest
component of rental expense |
0.4 | — | 0.4 | 0.7 | 0.5 | 0.7 | ||||||||||||||||||
Total fixed charges |
3.2 | 0.1 | 62.1 | 85.2 | 117.0 | 140.3 | ||||||||||||||||||
Ratio of earning to fixed charges (4) |
38.2 | x | 107.7 | x | 2.3 | x | 5.8 | x | — | — | ||||||||||||||
| (1) | Earnings were insufficient to cover fixed charges by $279 million for the year ended December 31, 2009. | |
| (2) | Earnings were insufficient to cover fixed charges by $75 million for the year ended December 31, 2010. | |
| (3) | Interest expense includes original issue discount and amortization charges associated with debt issuance costs. | |
| (4) | Certain ratios may not recompute due to rounding differences. |