Three months Ended March 31, 2002 | Three months Ended March 31, 2001 | Year Ended December 31, | ||||||||||||||||||||||||||
2001 | 2000 | 1999 | 1998 | 1997 | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
| Income (loss) from continuing operations | $ | 8,109 | $ | 6,101 | $ | 10,693 | $ | (11,676 | ) | $ | 30,355 | $ | 10,204 | $ | (2,065 | ) | ||||||||||||
| Share of loss from equity investee | 315 | 201 | 804 | 473 | 267 | — | — | |||||||||||||||||||||
| Fixed charges (from below) | 17,340 | 23,089 | 80,654 | 97,161 | 56,642 | 27,078 | 10,927 | |||||||||||||||||||||
| Depreciation of capitalized interest | 306 | 253 | 936 | 1,824 | 95 | 45 | 55 | |||||||||||||||||||||
| Capitalized interest | (145 | ) | (442 | ) | (1,828 | ) | (1,089 | ) | (1,974 | ) | (330 | ) | (460 | ) | ||||||||||||||
| Total earnings | $ | 25,925 | $ | 29,202 | $ | 91,259 | $ | 86,693 | $ | 85,385 | $ | 36,997 | $ | 8,457 | ||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
| Interest expensed | $ | 11,296 | $ | 16,125 | $ | 52,811 | $ | 82,071 | $ | 50,240 | $ | 25,578 | $ | 8,666 | ||||||||||||||
| Interest capitalized | 145 | 442 | 1,828 | 1,089 | 1,974 | 330 | 460 | |||||||||||||||||||||
| Amortization of debt issuance costs | 1,368 | 1,950 | 7,795 | 8,865 | 2,448 | — | — | |||||||||||||||||||||
| Interest factor in rent expense (1) | 433 | 405 | 1,606 | 1,330 | 1,980 | 1,170 | 1,801 | |||||||||||||||||||||
| Funds needed to pay preferred stock dividends | 4,098 | 4,167 | 16,614 | 3,806 | — | — | — | |||||||||||||||||||||
| Total fixed charges | $ | 17,340 | $ | 23,089 | $ | 80,654 | $ | 97,161 | $ | 56,642 | $ | 27,078 | $ | 10,927 | ||||||||||||||
Ratio of earnings to fixed charges | 1.5 | 1.3 | 1.1 | 0.9 | 1.5 | 1.4 | 0.8 | |||||||||||||||||||||
Deficiency | $ | — | $ | — | $ | — | $ | (10,468 | ) | $ | — | $ | — | $ | (2,470 | ) | ||||||||||||
| (1) | 33% of rental expense (considered to be representative of the interest factor). |
