EX-12.1 5 exh12-1.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES November 2, 2010 S-3 Exhibit 12.1

Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(in thousands)
                                     
                                    Nine Months
                                    Ended
      Year Ended December 31,
    September 30,
      2005
    2006
    2007
    2008
    2009
    2010
Earnings (loss)                                    
Pre-tax loss   $ (169,778)   $ (112,668)   $ (3,502)   $ (31,905)   $ (19,606)   $ (23,962)
Total fixed charges   $ 25,937 
  $ 29,634 
  $ 41,932 
  $ 65,534 
  $ 52,759 
  $ 35,454 
Total income (loss) before fixed charges   $ (143,841)
  $ (83,034)
  $ 38,430 
  $ 33,629 
  $ 33,153 
  $ 11,492 
                                     
Fixed Charges                                    
Interest expenses   $ 25,119    $ 28,970    $ 41,397    $ 65,373    $ 52,627    $ 35,287 
Assumed interest attributable to rentals   $ 818 
  $ 664 
  $ 535 
  $ 161 
  $ 132 
  $ 167 
Total fixed charges   $ 25,937 
  $ 29,634 
  $ 41,932 
  $ 65,534 
  $ 52,759 
  $ 35,454 
Deficiency of earnings available to cover fixed charges   $ 169,778 
  $ 112,668 
  $ 3,502 
  $ 31,905 
  $ 19,606 
  $ 23,962 
Ratio of earnings available to cover fixed charges     n/a      n/a      n/a      n/a      n/a      n/a