EX-12.1 6 d98388exv12w1.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in millions)
Three Months Ended Nine Months Fiscal Years Ended March 31, March 31, 2002 Ended ------------------------------------------------------ (unaudited) Dec. 31, 2001 2001 2000 1999 1998 -------------- ------------- ----------- ----------- ----------- ----------- Earnings: Income (loss) before income taxes $ (11.4) $ (40.5) $ (116.3) $ 262.9 $ 296.4 $ 165.9 Net interest expense 7.0 21.7 28.9 20.4 20.4 20.9 Interest portion of rental expense 2.0 4.7 3.8 3.2 3.7 4.6 ----------- ----------- ----------- ----------- ----------- ----------- $ (2.4) $ (14.1) $ (83.6) $ 286.5 $ 320.5 $ 191.4 =========== =========== =========== =========== =========== =========== Fixed Charges: Net interest expense $ 7.0 $ 21.7 $ 28.9 $ 20.4 $ 20.4 $ 20.9 Interest portion of rental expense 2.0 4.7 3.8 3.2 3.7 4.6 ----------- ----------- ----------- ----------- ----------- ----------- $ 9.0 $ 26.4 $ 32.7 $ 23.6 $ 24.1 $ 25.5 =========== =========== =========== =========== =========== =========== Ratio of earnings to fixed charges (0.27) (0.53) (2.56) 12.16 13.30 7.51