EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
2003 2002 2001 2000 1999
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Interest expense net of
capitalized interest......................... 12,027 11,640 11,279 3,499 295
Rental expense full year..................... 2,136 2,548 2,707 1,069 1,016
Rental expense 1/3 of full year................. 178 849 902 356 339
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Fixed charges................................... 12,205 12,489 12,181 3,855 634
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Earnings (Loss) before income taxes............. (16,755) (6,537) (1,779) 4,239 3,281
Amortization of capitalized interest............ (300) (766) (1,207) -- --
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Earnings (Loss) before income taxes and
amortization of capitalized interest......... (17,055) (7,303) (2,986) 4,239 3,281
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"Earnings" ("Loss") is fixed charges plus
earnings (loss) before income taxes and
amortization of capitalized interest......... (4,850) 5,186 9,195 8,094 3,915
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Ratio of "earnings" ("loss") to fixed charges... (0.4) 0.4 0.8 2.1 6.2
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Preferred dividends............................. -- -- -- -- --
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Fixed charges and preferred dividends........... 12,205 12,489 12,181 3,855 634
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Ratio of "earnings" ("loss") to fixed charges
and preferred dividends...................... (0.4) 0.4 0.8 2.1 6.2
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