EX-12.1 4 a2182995zex-12_1.htm EXHIBIT 12.1
QuickLinks -- Click here to rapidly navigate through this document


EXHIBIT 12.1

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
  Year Ended December 31,
 
 
  2003
  2004
  2005
  2006
  2007
 
 
  (in thousands)

 
Net income (loss) before income taxes   $ (166,121 ) $ (164,364 ) $ (103,595 ) (74,166 ) (86,881 )
Fixed charges     12,399     19,450     17,426   19,362   25,553  
   
 
 
 
 
 
Total earnings and fixed charges     (153,722 )   (144,914 )   (86,169 ) (54,804 ) (61,328 )
   
 
 
 
 
 
Fixed charges     12,399     19,450     17,426   19,362   25,553  
   
 
 
 
 
 
Ratio of earnings to fixed charges(1)(2)     NM     NM     NM   NM   NM  

(1)
The ratio of earnings to fixed charges is computed by dividing loss before taxes plus fixed charges by fixed charges. Fixed charges consist of interest expense (including interest expense from capital leases) and the estimated portion of rental expense deemed by us to be representative of the interest factor of rental payments under operating leases, plus amortization of debt issuance expenses. Earnings were insufficient to cover fixed charges by $166.1 million, $164.4 million, $103.6 million, $74.2 million and $86.9 million for the years ended December 31, 2003, 2004, 2005, 2006 and 2007 respectively.

(2)
NM—Not meaningful.



QuickLinks