EX-12.1 7 oct1901_x1201.txt EXHIBIT 12.1 RATIO OF EARNINGS TO FIXED CHARGES Fiscal Years Ended December 31, Six Months -------------------------------------------- Ended 1996 1997 1998 1999 2000 June 30, 2001 ---- ---- ---- ---- ---- ------------- Income (loss) from continuing operations before income taxes (188.3) (161.3) 81.5 105.5 207.6 173.9 Fixed Charges: Interest on long-term and short-term debt including amortization of debt expense 71.7 71.7 48.7 41.6 38.5 16.3 Portion of rental expense as can be demonstrated to be representative of the interest factor 23.5 22.6 22.5 22.3 23.8 12.6 ----- ----- ----- ----- ----- ----- Total fixed charges 95.2 94.3 71.2 63.9 62.3 28.9 ----- ----- ----- ----- ----- ----- Earnings before income taxes and fixed charges (93.1) (67.0) 152.7 169.4 269.9 202.8 ----- ----- ----- ----- ----- ----- Ratio of earnings to fixed charges N/A N/A 2.14 2.65 4.33 7.01 ===== ===== ===== ===== ===== =====