Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES
Predecessor | Successor | |||||||||||||||||||||||||||||||
Period from | Period from | |||||||||||||||||||||||||||||||
January 1, | February 15, | |||||||||||||||||||||||||||||||
2007 to | 2007 to | Year Ended | ||||||||||||||||||||||||||||||
Year Ended December 31, | February 14, | December 31, | December 31, | Six Months Ended June 30, | ||||||||||||||||||||||||||||
(in thousands) | 2004 | 2005 | 2006 | 2007 | 2007 | 2008 | 2008 | 2009 | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (16,174 | ) | $ | 30,072 | $ | 22,611 | $ | (4,382 | ) | $ | 32,511 | $ | 15,362 | $ | 15,596 | $ | 8,626 | ||||||||||||||
Additions: | ||||||||||||||||||||||||||||||||
Fixed charges, as shown below | 35,649 | 31,285 | 39,965 | 4,859 | 53,259 | 72,073 | 29,630 | 40,196 | ||||||||||||||||||||||||
Earnings as adjusted | $ | 19,475 | $ | 61,357 | $ | 62,576 | $ | 477 | $ | 85,770 | $ | 87,435 | $ | 45,226 | $ | 48,822 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||||||
Interest expense and amortization of debt discount and premium on all indebtedness | $ | 27,696 | $ | 20,329 | $ | 27,392 | $ | 3,275 | $ | 42,996 | $ | 61,678 | $ | 24,334 | $ | 35,263 | ||||||||||||||||
Interest within rent expense | 7,953 | 10,956 | 12,573 | 1,584 | 10,263 | 10,395 | 5,296 | 4,933 | ||||||||||||||||||||||||
Total fixed charges | $ | 35,649 | $ | 31,285 | $ | 39,965 | $ | 4,859 | $ | 53,259 | $ | 72,073 | $ | 29,630 | $ | 40,196 | ||||||||||||||||
Ratio of earnings to fixed charges | — | 1.96 | 1.57 | — | 1.61 | 1.21 | 1.53 | 1.21 | ||||||||||||||||||||||||
Coverage deficiencies | $ | 16,174 | $ | — | $ | — | $ | 4,382 | $ | — | $ | — | $ | — | $ | — |