EX-12.1 4 b49587atexv12w1.htm EX-12.1 COMPUTATION OF RATIO OF EARNINGS Ex-12.1 Computation of Ratio of Earnings
 

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)

                                         
    2003   2002   2001   2000   1999
Fixed charges:
                                        
Interest expense, including amortization of debt expense
   $ 18,324     $ 18,357     $ 18,859     $ 8,928     $ 2,145  
Assumed interest element included in rent expense
     1,995       3,168       4,752       3,135       198  
 
                                        
Total fixed charges:
     20,319       21,525       23,611       12,063       2,343  
Earnings (loss) Pre-tax net loss
     (28,652 )     (203,945 )     (2,432,450 )     (885,598 )     (57,559 )
Fixed charged per above
     20,319       21,525       23,611       12,063       2,343  
 
                                        
Total earnings (loss) before fixed charges
     (8,333 )     (182,420 )     (2,408,839 )     (873,535 )     (55,216 )
Deficiency of earnings available to cover fixed charges
   $ (28,652 )   $ (203,945 )   $ (2,432,450 )   $ (885,598 )   $ (57,559 )