EX-12.1 14 file005.htm RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1

Statement regarding Computation of Ratio of Earnings to Fixed Charges


  Two Months
Ended
December 31,
December 31,
      (in thousands, except ratios)
    2000     2000     2001     2002     2003     2004  
Income before income tax expense $ (29,058   (5,265   1,205     12,857     81,466     94,592  
Add minority interest in consolidated subsidiaries that have fixed charges $                 347     618     615  
Add fixed charges $ 34,248     9,363     54,010     48,565     30,468     36,068  
Earnings $ 5,190     4,098     55,215     61,769     112,552     131,275  
Fixed charges:                                    
1/3 rent $ 3,017     573     3,647     3,723     4,071     5,116  
Interest $ 31,231     8,790     50,363     44,842     26,397     30,952  
Total fixed charges $ 34,248     9,363     54,010     48,565     30,468     36,068  
Ratio of earnings to fixed charges   0.2     0.4     1.0     1.3     3.7     3.6  
Earnings shortfall $ 29,058     5,265