EX-12.1 5 file003.htm STATEMENTS REGARDING COMPUTATION OF RATIO

Exhibit 12.1

Statement regarding Computation of Ratio of Earnings to Fixed Charges


  Year Ended
October 31,
Two Months
Ended
December 31,
Year Ended December 31, Three Months
Ended
March 31,
      (in thousands, except ratios)
    2000     2000     2001     2002     2003     2004     2005  
Income before income tax expense $ (29,058   (5,265   1,205     12,857     81,466     94,592     30,021  
Add minority interest in consolidated subsidiaries that have fixed charges $                 347     618     615     34  
Add fixed charges $ 34,248     9,363     54,010     48,565     30,468     36,068     7,413  
Earnings $ 5,190     4,098     55,215     61,769     112,552     131,275     37,468  
Fixed charges:                                    
1/3 rent $ 3,017     573     3,647     3,723     4,071     5,116     1,003  
Interest $ 31,231     8,790     50,363     44,842     26,397     30,952     6,410  
Total fixed charges $ 34,248     9,363     54,010     48,565     30,468     36,068     7,413  
Ratio of earnings to fixed charges   0.2     0.4     1.0     1.3     3.7     3.6     5.1  
Earnings shortfall $ 29,058     5,265