. . . EXHIBIT 12.1 RATIO OF EARNINGS TO FIXED CHARGES Successor Predecessor Company Company -------------------------------------------- Year Ended Year Ended Year Ended December 31, December 31, December 31, 2000 2001 2002 ------------ ------------ ------------ (in thousands) Loss from continuing operations.............. $ (24,784) $ (143,406) $ (4,993) Add fixed charges ........................... Interest costs including amortization of debt issuance cost ...................... 16,070 19,465 14,148 ---------- ---------- ---------- Earnings (loss) before fixed charges ................................ $ (8,714) $ (123,941) $ (9,155) ========== ========== ========== Fixed charges: Interest expense including amortization of debt issuance costs .................................... 16,070 19,465 14,148 Capitalized interest ...................... -- -- -- ---------- ---------- ---------- Total fixed charges ..................... $ 16,070 $ 19,465 $ 14,148 ========== ========== ========== Deficiency of earnings to cover fixed charges .................................... $ 24,784 $ 143,406 $ 4,993 ========== ========== ==========