EX-12.1 2 a10-5980_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Statement of Computation of Ratio of Earnings to Fixed Charges

 

 

 

Three Months
Ended
March 31, 2010

 

 

 

 

 

Pre-tax loss from continuing operations

 

$

(41,046

)

 

 

 

 

 

Income from equity investees

 

 

77

 

Fixed charges

 

 

25,770

 

Total earnings

 

$

(15,353

)

 

 

 

 

 

Interest expense (1)

 

$

5,529

 

Estimated interest within rent expense (2)

 

 

20,241

 

Total fixed charges

 

$

25,770

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

—

 

 

 

 

 

 

Deficiency of earnings available to cover fixed charges

 

$

(41,123

)

 

(1)       Includes interest expense and amortization of premiums and discounts related to indebtedness.

(2)       Estimated interest within rent expense includes one third of rental expense, which approximates the interest component of operating leases.