EX-12.1 4 a2216260zex-12_1.htm EX-12.1

Exhibit 12.1

 

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(in thousands)

 

 

 

Year Ended December 31,

 

Six Months
Ended
June 30,

 

 

 

2008

 

2009

 

2010

 

2011

 

2012

 

2013

 

Earnings (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax loss

 

$

(31,905

)

$

(19,606

)

$

(30,350

)

$

(36,249

)

$

(18,735

)

$

(20,181

)

Total fixed charges

 

$

65,534

 

$

52,759

 

$

45,365

 

$

38,157

 

$

18,721

 

$

6,709

 

Total income (loss) before fixed charges

 

$

33,629

 

$

33,153

 

$

15,015

 

$

1,908

 

$

(14

)

$

(13,472

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expenses

 

$

65,373

 

$

52,627

 

$

45,128

 

$

37,736

 

$

18,198

 

$

6,249

 

Assumed interest attributable to rentals

 

$

161

 

$

132

 

$

237

 

$

421

 

$

523

 

$

280

 

Total fixed charges

 

$

65,534

 

$

52,759

 

$

45,365

 

$

38,157

 

$

18,721

 

$

6,709

 

Deficiency of earnings available to cover fixed charges

 

$

31,905

 

$

19,606

 

$

30,350

 

$

36,249

 

$

18,735

 

$

20,181

 

Ratio of earnings available to cover fixed charges

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a