EX-12.1 7 d93578ex12-1.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, ----------------------------------------------------- 1997 1998 1999 2000 2001 -------- -------- -------- -------- -------- (in thousands, except ratios) Fixed Charges: Interest Expense $ 617 $ 7,541 $ 12,357 $ 18,036 $ 15,540 Amortization of Deferred Financing Costs 54 737 777 1,012 1,857 Implied Interest Component of Rents 204 2,713 4,468 5,036 6,876 -------- -------- -------- -------- -------- Total Fixed Charges 875 10,991 17,602 24,084 24,273 ======== ======== ======== ======== ======== Earnings (before fixed charges, extraordinary loss and income taxes): Income before income taxes and extraordinary loss (3,928) 21,982 26,403 7,233 27,781 Fixed Charges as above 875 10,991 17,602 24,084 24,273 -------- -------- -------- -------- -------- Total (3,053) 32,973 44,005 31,317 52,054 ======== ======== ======== ======== ======== Ratio of Earnings to Fixed Charges NM 3.00 2.50 1.30 2.14