EX-12.1 4 y47871p2ex12-1.txt STATEMENT RE: COMPUTATION OF RATIOS OF EARNINGS 1 Exhibit 12.1 Statement Regarding Computation of Ratios of Earnings to Fixed Charges (In Millions)
Three Months Ended Year Ended December 31, March 31, ----------------------------------------------------------------------------------------- 1996 1997 1998 1999 2000 2000 2001 ---- ---- ---- ---- ---- ---- ---- Income before Taxes (10.2) (3.2) 11.1 32.4 (53.8) 3.7 (7.0) Interest Expense (a) 11.6 17.0 37.5 44.0 68.5 11.6 20.4 1/3 Rental Expense (b) 0.8 1.0 1.9 2.2 2.2 0.6 0.6 Fixed Charges (a+b) 12.4 18.0 39.4 46.2 70.8 12.2 21.0 Earnings 2.2 14.8 50.5 78.6 17.0 15.9 14.0 Ratio -- -- 1.3x 1.7x -- 1.3x --