EX-12.01 4 w35626exv12w01.htm EX-12.01 exv12w01
 

Exhibit 12.01
Statement of Computation of Ratio of Earnings to Fixed Charges
                                                 
    Year Ended October 31,     Six Months Ended  
                                            April 30,  
    (in thousands, except ratio)  
    2002     2003     2004     2005     2006     2007  
Pre-tax income (loss) from continuing operations
   $ (1,486,764 )   $ (385,261 )   $ (788,343 )   $ (434,379 )   $ 1,976     $ 24,964  
Fixed Charges:
                                                
Interest expense
     42,311       33,303       23,785       22,447       21,104       10,542  
Amortization of debt issuance costs
     3,028       3,028       3,028       2,983       3,061       1,754  
Portion of rental expense representative of interest factor
     8,154       5,468       5,376       3,828       3,049       1,593  
Preference security dividend
     —       —       —       —       —       —  
 
                                    
Total Fixed Charges
     53,493       41,799       32,189       29,258       27,214       13,889  
Pre-tax loss from continuing operations plus fixed charges
     (1,433,271 )     (343,462 )     (756,154 )     (405,121 )     29,190       38,853  
Ratio of earnings to fixed charges
     —       —       —       —       1.07       2.80  
Earning deficiency
   $ 1,486,764     $ 385,261     $ 788,343     $ 434,379       —       —