COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Amount in thousands of dollars) EXHIBIT 12.2 <Table> <Caption> PREDECESSOR SUCCESSOR ----------------------------------------------------------------- ---------------- FOR THE PERIOD FOR THE PERIOD FROM INCEPTION JANUARY 1, (SEPTEMBER 14, FOR THE 2001 TO 2001) THROUGH YEAR ENDED DECEMBER 6, DECEMBER 31, PROFORMA 1997 1998 1999 2000 2001 2001 2001 ------ ------------ ------- ------- --------------------- ---------------- -------- Pre-tax income (loss) from continuing operations... (7,571) (21,269) (16,248) (10,535) 25,359 (1,271) (1,771) Fixed Charges Interest expense........ 20,987 28,695 28,200 26,102 40 1,211 19,028 Amortization of debt issuance costs........ -- -- -- -- -- 84 1,189 Amortization of debt discount.............. -- -- -- -- -- 85 1,271 Interest component of rental payments....... 663 513 728 577 388 121 1,285 Total fixed charges....... 21,650 29,208 28,928 26,679 428 1,501 22,773 Pre-tax income plus fixed charges................. 14,079 7,939 12,680 16,144 25,787 230 21,002 Ratio of earnings to fixed charges................. (A) (B) (C) (D) 60.3 (E) (F) <Caption> PREDECESSOR SUCCESSOR ------------ ---------- APRIL 1, MARCH 2001 31, 2002 ------------ ---------- Pre-tax income (loss) from continuing operations... 8,710 994 Fixed Charges Interest expense........ 17 4,516 Amortization of debt issuance costs........ -- 307 Amortization of debt discount.............. -- 319 Interest component of rental payments....... 106 364 Total fixed charges....... 123 5,506 Pre-tax income plus fixed charges................. 8,833 6,500 Ratio of earnings to fixed charges................. 71.9 1.2 </Table> (A) For the year ended December 31, 1997, earnings are inadequate to cover fixed charges by $7,571. (B) For the year ended December 31, 1998, earnings are inadequate to cover fixed charges by $21,269. (C) For the year ended December 31, 1999, earnings are inadequate to cover fixed charges by $16,248. (D) For the year ended December 31, 2000, earnings are inadequate to cover fixed charges by $10,535. (E) For the period from inception (September 14, 2001) through December 31, 2001, earnings are inadequate to cover fixed charges by $1,271. (F) For the year ended December 31, 2001, earnings are inadequate to cover fixed charges by $1,771.