EX-12.1 4 dex121.htm COMPUTATION OF RATIO EARNINGS TO FIXED CHARGES Computation of Ratio Earnings to Fixed Charges
 
EXHIBIT 12.1
 
COMPUTATION OF EARNINGS TO FIXED CHARGES
 
    
Fiscal Year
     
Nine Months
Ended
September 30,
2002
  
    
1997
   
1998
     
1999
     
2000
     
2001
     
    
(in thousands except ratio data)
  
Net income (loss) before tax
   
30,813
   
(76,430
)
   
(74,077
)            
   
(55,165
)
   
(76,113
)
   
(88,115
)
Minority interest in net (loss) income of subsidiary
   
—
   
—
 
   
—
 
   
—
 
   
—
 
   
—
 
Amortization discounts related to indebtedness
   
827
   
1,804
 
   
1,251
 
   
1,745
 
   
391
 
   
1,251
 
Interest expense
   
1,811
   
8,652
 
   
8,175
 
   
4,750
 
   
1,961
 
   
1,972
 
    
  
  
  
  
  
Earnings before interest, taxes, depreciation and amortization and fixed charges
   
33,451
   
(65,974
)
   
(64,651
)
   
(48,670
)
   
(73,761
)
   
(24,892
)
    
  
  
  
  
  
Total fixed charges
   
2,638
   
10,456
 
   
9,426
 
   
6,495
 
   
2,352
 
   
3,223
 
Ratio of earnings to fixed charges (%)
   
1,268
   
(631
)
   
(686
)
   
(749
)
   
(3,136
)
   
(772
)
Coverage surplus (deficiency)
   
—
   
(76,430
)
   
(74,077
)
   
(55,165
)
   
(76,113
)
   
(88,115
)