EX-12.1 12 dex121.txt STATEMENT REGARDING COMPUTATION OF RATIO EARNINGS EXHIBIT 12.1 STATEMENT REGARDING: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Period from Years Ended For the May 1, 1998 to December 31, Three Months December 31, -------------------------- Ended March 31, 1998 1999 2000 2001 2002 ---- ---- ---- ---- ---- Income (loss) before gain on disposal of real estate assets, provision for income taxes and extraordinary loss.............. $ 55,960 $ 42,535 $(62,202) $ 54,283 $11,644 Interest Expense Notes payable and other debt.. 59,428 88,753 95,319 87,032 19,860 United States Settlement...... -- -- -- 4,592 1,471 ----------------------------------------------------- Earnings...................... $115,888 $131,288 $ 33,117 $145,907 $32,975 ===================================================== Interest Expense Notes payable and other debt.. 59,428 88,753 95,319 87,032 19,860 United States Settlement...... -- -- -- 4,592 1,471 ----------------------------------------------------- Fixed Charges................. $ 59,428 $ 88,753 $ 95,319 $ 91,624 $21,331 ===================================================== Ratio of Earnings to Fixed Charges....................... 1.94 1.48 0.35 1.59 1.55 =====================================================