| Year Ended December 31, | Three Months | ||||||||||||||||||||||||
| Ended March 31, | |||||||||||||||||||||||||
| 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | ||||||||||||||||||||
| (As restated)(1) | (As restated)(1) | (As restated)(1) | (As restated)(1) | (As restated)(1) | (As restated)(1) | ||||||||||||||||||||
| (In thousands, except ratio data) | |||||||||||||||||||||||||
| Earnings | |||||||||||||||||||||||||
| Income (loss) before income taxes, equity investment earnings (losses), minority interests and discontinued operations | $ | (460,543 | ) | $ | (617,238 | ) | $ | (52,543 | ) | $ | (28,866 | ) | $ | (145,233 | ) | $ | 38,166 | ||||||||
| Interest expense | 138,629 | 143,441 | 138,775 | 145,897 | 163,125 | 42,563 | |||||||||||||||||||
| Amortization of debt issuance costs | 22,321 | 8,251 | 7,428 | 6,182 | 7,948 | 1,804 | |||||||||||||||||||
| Interest portion of rent | 7,282 | 4,995 | 5,463 | 5,928 | 6,215 | 2,004 | |||||||||||||||||||
| Less (earnings) loss of affiliates | — | — | — | — | — | — | |||||||||||||||||||
| $ | (292,311 | ) | $ | (460,551 | ) | $ | 99,123 | $ | 129,141 | $ | 32,055 | $ | 84,537 | ||||||||||||
| Fixed Charges | |||||||||||||||||||||||||
| Interest expense | $ | 138,629 | $ | 143,441 | $ | 138,775 | $ | 145,897 | $ | 163,125 | $ | 42,563 | |||||||||||||
| Amortization of debt issuance costs | 22,321 | 8,251 | 7,428 | 6,182 | 7,948 | 1,804 | |||||||||||||||||||
| Interest portion of rent | 7,282 | 4,995 | 5,463 | 5,928 | 6,215 | 2,004 | |||||||||||||||||||
| $ | 168,232 | $ | 156,687 | $ | 151,666 | $ | 158,007 | $ | 177,288 | $ | 46,371 | ||||||||||||||
| Ratio of earnings to fixed charges | —x | (2) | —x | (2) | —x | (2) | —x | (2) | —x | (2) | 1.82 | ||||||||||||||
| (1) | See discussion of restatement in Note 2 “Restatement of Consolidated Financial Statements, Special Committee and Company Findings” of the Notes to the Condensed Consolidated Financial Statements. |
| (2) | The ratio of earnings to fixed charges was less than 1:1 for 2005. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $145.2 million of earnings in 2005. The ratio of earnings to fixed charges was less than 1:1 for the year ended December 31, 2004. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $28.9 million of earnings for the year ended December 31, 2004. The ratio of earnings to fixed charges was less than 1:1 for the year ended December 31, 2003. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $52.5 million of earnings in the year ended December 31, 2003. The ratio of earnings to fixed charges was less than 1:1 for the year ended December 31, 2002. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $617.2 million of earnings in the year ended December 31, 2002. The ratio of earnings to fixed charges was less than 1:1 for the year ended December 31, 2001. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $460.5 million of earnings in the year ended December 31, 2001. |
