Exhibit 12.1
COMPUTATION OF EARNINGS TO FIXED CHARGES
| Year ended December 31, | ||||||||||||
| 2000 | 2001 | 2002 | 2003 | |||||||||
Consolidated pretax income from continuing operations | $ | 12,027 | $ | 18,332 | $ | 13,787 | $ | 36,981 | ||||
Interest expense | 77,658 | 71,712 | 61,088 | 64,001 | ||||||||
Interest portion of rental expense | 1,923 | 1,121 | 1,043 | 957 | ||||||||
Earnings | $ | 91,608 | $ | 91,165 | $ | 75,918 | $ | 101,939 | ||||
Interest expense | $ | 77,658 | $ | 71,712 | $ | 61,088 | $ | 64,001 | ||||
Interest portion of rental expense | 1,923 | 1,121 | 1,043 | 957 | ||||||||
Fixed charges | $ | 79,581 | $ | 72,833 | $ | 62,131 | $ | 64,958 | ||||
Ratio of Earnings to Fixed Charges | 1.2 | 1.3 | 1.2 | 1.6 | ||||||||
PRO FORMA COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Year ended December 31, 2003 | ||
Pro forma consolidated pretax income from continuing | ||
Pro forma interest expense | ||
Interest portion of rental expense | ||
Pro forma Earnings | ||
Pro forma interest expense | ||
Interest portion of rental expense | ||
Pro forma Fixed Charges | ||
Pro form Ratio of Earnings to Fixed Charges | ||