1 EXHIBIT NO. 12.1 -- COMPUTATION OF EARNINGS TO FIXED CHARGES YEARS ENDED 9 1/2 MONTHS 2 1/2 MONTHS YEARS ENDED DECEMBER 31, ENDED ENDED DECEMBER 31, ------------------------ OCT. 16, DEC. 31, ------------------------ 1993 1994 1995 1995 1996 1997 -------- -------- -------- -------- -------- -------- One-third of rent expense $ 386 $ 492 $ 699 $ 183 $ 942 $ 1,062 Interest including amortization of deferred financing fees 3,381 3,334 6,878 3,867 18,685 20,285 -------- -------- -------- -------- -------- -------- Fixed charges 3,767 3,826 7,577 4,050 19,627 21,347 Income (loss) before income taxes 5,105 9,983 10,000 (5,170) (43,311) (14,782) -------- -------- -------- -------- -------- -------- Earnings before fixed charges $ 8,872 $ 13,809 $ 17,577 $ (1,120) $(23,684) $ 6,565 ======== ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 2.36x 3.61x 2.32x 0.00x 0.00x 0.00x ======== ======== ======== ======== ======== ======== Deficiency of earnings to fixed charges $ - $ - $ - $ (5,170) $(43,311) $(14,782) ======== ======== ======== ======== ======== ========