EX-12 6 exh12-1.htm COMPUTATION RATIO OF EARNINGS AVAILABLE TO COVER FIXED CHARGES 10-K 2013 Exhibit 12.1

Exhibit 12.1      

Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(in thousands)
                               
      Year Ended December 31,
      2009     2010     2011     2012     2013
Earnings (loss)                              
Pre-tax loss   $ (19,606)   $ (30,350)   $ (36,249)   $ (18,735)   $ (13,322)
Total fixed charges   $ 52,759    $ 45,365    $ 38,157    $ 18,721    $ 12,504 
Total income before fixed charges   $ 33,153    $ 15,015    $ 1,908    $ (14)   $ (818)
                               
Fixed Charges                              
Interest expenses   $ 52,627    $ 45,128    $ 37,736    $ 18,198    $ 11,938 
Assumed interest attributable to rentals   $ 132    $ 237    $ 421    $ 523    $ 566 
Total fixed charges   $ 52,759    $ 45,365    $ 38,157    $ 18,721    $ 12,504 
Deficiency of earnings available to cover fixed charges   $ 19,606    $ 30,350    $ 36,249    $ 18,735    $ 13,322 
Ratio of earnings available to cover fixed charges     n/a      n/a      n/a      n/a      n/a