EX-12.1 8 f02255orexv12w1.htm EXHIBIT 12.1 exv12w1
 

Exhibit 12.1

STATS historical
Ratio of earnings to fixed charges

                                                         
                                            Six months ended 30
    Fiscal Year Ended December 31,
  June,
    1999   2000   2001   2002   2003   2003   2004
Income (loss) before income taxes
    5,355       57,224       (143,142 )     (95,968 )     528       (9,216 )     10,100  
 
Add
                                                       
Interest expense
    6,058       2,424       1,275       10,414       13,994       6,592       9,282  
Portion of operating lease rental expense deemed by us to be representative of the interest factor
    756       6,185       8,353       7,146       6,202       3,469       5,993  
 
   
 
     
 
     
 
     
 
     
 
     
 
     
 
 
Earnings as adjusted
    12,169       65,833       (133,514 )     (78,408 )     20,724       845       25,375  
 
Fixed charges
                                                       
Interest expense
    6,058       2,424       1,275       10,414       13,994       6,592       9,282  
Portion of operating lease rental expense deemed by us to be representative of the interest factor
    756       6,185       8,353       7,146       6,202       3,469       5,993  
 
   
 
     
 
     
 
     
 
     
 
     
 
     
 
 
 
    6,814       8,609       9,628       17,560       20,196       10,061       15,275  
Ratio of earnings to fixed charges
    1.8       7.6                   1.0             1.7  
Deficiency of earnings to cover fixed charges
                (143,142 )     (95,968 )           (9,216 )