EX-12.1 4 g81654k1exv12w1.txt STATEMENT REGARDING COMPUTATION RATIO OF EARNINGS . . . EXHIBIT 12.1
1998 1999 2000 2001 2002 --------- --------- --------- --------- --------- FIXED CHARGES: Interest expense including amortization of debt issuance costs $ 12,491 $ 16,447 $ 20,108 $ 18,278 $ 17,301 Interest on rent expense (1) 2,463 3,419 3,453 3,564 2,938 --------- --------- --------- --------- --------- Total fixed charges 14,954 19,866 23,561 21,842 20,239 EARNINGS: Income (loss) before income taxes 53,757 51,830 6,803 (76,364) (107,427) Fixed charges 14,954 19,866 23,561 21,842 20,239 --------- --------- --------- --------- --------- Income (loss) before fixed charges 68,711 71,696 30,364 (54,522) (87,188) RATIO OF EARNINGS TO FIXED CHARGES 4.6 3.6 1.3 -2.5 -4.3
(1) The Company believes one-third of rent expense represents a reasonable approximation of the interest factor.