EX-12.1 30 d14539exv12w1.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12w1
 

EXHIBIT 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in millions)

                                                         
                    Nine Months        
    Year Ended   Ended   Year Ended   Three Months Ended
    March 31,
   December 31,
   December 31,
   March 31,
    2000
   2001
   2001
   2002
   2003
   2003
   2004
Earnings:
                                                        
Income (loss) from continuing operations
before provision for (benefit from)
income taxes
   $ 262.9     $ (116.3 )   $ (40.5 )   $ (24.4 )   $ (14.3 )   $ (20.0 )   $ (16.5 )
Interest expense
     20.4       28.9       21.7       36.3       34.9       9.5       10.1  
Interest imputed on rent
     3.2       3.8       5.1       9.9       10.8       2.2       4.3  
 
    
 		      
 		      
 		      
 		      
 		      
 		      
 		  
Total earnings
   $ 286.5     $ (83.6 )   $ (13.7 )   $ 21.8     $ 31.4     $ (8.3 )   $ (2.1 )
 
    
 		      
 		      
 		      
 		      
 		      
 		      
 		  
Fixed Charges:
                                                        
Interest expense
   $ 20.4     $ 28.9     $ 21.7     $ 36.3     $ 34.9     $ 9.5     $ 10.1  
Interest imputed on rent
     3.2       3.8       5.1       9.9       10.8       2.2       4.3  
 
    
 		      
 		      
 		      
 		      
 		      
 		      
 		  
Total fixed charges
   $ 23.6     $ 32.7     $ 26.8     $ 46.2     $ 45.7     $ 11.7     $ 14.4  
 
    
 		      
 		      
 		      
 		      
 		      
 		      
 		  
Ratio of earnings to fixed charges
     12.14       (2.56 )     (0.51 )     0.47       0.69       (0.71 )     (0.15 )
Earnings were insufficient to cover fixed
charges by:
           $ (116.3 )   $ (40.5 )   $ (24.4 )   $ (14.3 )   $ (20.0 )   $ (16.5 )