EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Prepared by R.R. Donnelley Financial -- Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

 

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

    

Year Ended December 31,


   

Six Months Ended

June 30,


 
     1999

    2000

    2001

    2002

    2003

    2003

    2004

 

Net loss

   $ (36,280 )   $ (51,929 )   $ (80,273 )   $ (49,903 )   $ (130,031 )   $ (61,245 )   $ (173,852 )

Add: fixed charges

     711       729       6,467       12,335       10,706       4,489       6,185  
    


 


 


 


 


 


 


Earnings as defined

   $ (35,569 )   $ (51,200 )   $ (73,806 )   $ (37,568 )   $ (119,325 )   $ (56,756 )     (167,667 )
    


 


 


 


 


 


 


Fixed charges:

                                                        

Interest expensed and capitalized

   $ 502     $ 544     $ 5,988     $ 11,240     $ 9,326     $ 3,826     $ 5,428  

Estimated interest component of rent

     209       185       479       1,095       1,380       663       757  
    


 


 


 


 


 


 


Total fixed charges

   $ 711     $ 729     $ 6,467     $ 12,335     $ 10,706     $ 4,489     $ 6,185  
    


 


 


 


 


 


 


Ratio of earnings to fixed charges

     (1 )     (1 )     (1 )     (1 )     (1 )     (1 )     (1 )

(1)   Earnings (as defined) for the period were insufficient to cover fixed charges by an amount equal to the net loss for the period.