EX-12.1 4 dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

 

RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     2005
     2004
     2003
     2002
     2001
  

Earnings:

                               

Pretax income (loss) from continuing operations

    (108,543 )   (60,415 )   (112,059 )   (163,632 )   (155,587 )

Add fixed charges

    4,913     4,560     3,068     1,583     2,422  
    
 
 
 
 

Earnings (as defined)

    (103,630 )   (55,855 )   (108,991 )   (162,049 )   (153,165 )

Fixed Charges:

                               

Interest expense

    3,226     3,209     2,038     112     577  

Estimate of interest within rental expense

    1,687     1,351     1,030     1,471     1,845  
    
 
 
 
 

Total fixed charges

    4,913     4,560     3,068     1,583     2,422  

Ratio of earnings to fixed charges

    (21.09 )   (12.25 )   (35.53 )   (102.37 )   (63.24 )

Deficiency

    (108,543 )   (60,415 )   (112,059 )   (163,632 )   (155,587 )