1 EXHIBIT 12.1 EARNINGS TO FIXED CHARGES Pretax income (after reorg. costs) 1,017,192 735,820 (15,795,085) (9,150,034) (5,707,026) (1,857) 15,080,715 (20,689) 11,699 Interest expense 836,402 1,410,028 7,733,931 11,981,460 12,757,863 3,327,021 3,111,975 27,740 6,494 Rent Expense - Interest 29,091 65,941 278,713 879,125 1,130,127 287,390 272,854 1,130 273 Amortization Charges 207,722 544,625 397,125 398,799 81,475 99, + + --------- --------- ---------- ---------- ---------- --------- ---------- ------- ------ Earnings 1,882,685 2,419,511 (7,237,816) 4,107,676 8,579,763 3,694,029 18,565,244 8,181 18,466 ========= ========= ========== ========== ========== ========= ========== ======= ====== Interest expense + Amort Charges 865,493 1,683,691 8,557,269 13,257,710 14,286,789 3,695,886 3,484,529 28,870 6,767 --------- --------- ---------- ---------- ---------- --------- ---------- ------- ------ Earnings to fixed charges 2.18 1.44 (0.85) 0.31 0.60 1.00 5.33 0.28 2.73 ========= ========= ========== ========== ========== ========= ========== ======= ====== + Amortization was added into the "interest expense."