.
.
.
EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Predecessor Predecessor Predecessor Predecessor Predecessor
In thousands Company Company Company Company Company
2004 2003 2002 2001 2000
Consolidated pretax (loss) income from continuing
operations ........................................... $(107,083) $(62,144) $(13,036) $(31,580) $20,873
Interest expense ........................................ 54,588 53,843 43,595 40,084 34,027
interest portion of rental expense ...................... 591 738 595 633 765
--------- -------- -------- -------- ------
Earnings ........................................ (51,904) (7,563) 31,154 9,137 55,665
Interest expense ........................................ 54,588 53,843 43,595 40,084 34,027
interest portion of rental expense ...................... 591 738 595 633 765
--------- -------- -------- -------- ------
Fixed Charges ................................... 55,179 54,581 44,190 40,717 34,792
RATIO OF EARNINGS TO FIXED CHARGES ...................... (1) (2) (3) (4) 1.60
(1) For the year ended December 31, 2001, earnings were inadequate to cover
fixed charges. We would need an additional $107.083 million of earnings in order
to cover our fixed charges.
(2) For the year ended December 31, 2003, earnings were inadequate to cover
fixed charges. We would need an additional $62.144 million of earnings in order
to cover our fixed charges.
(3) For the year ended December 31, 2002, earnings were inadequate to cover
fixed charges. We would need an additional $13.036 million of earnings in order
to cover our fixed charges.
(4) For the year ended December 31, 2001, earnings were inadequate to cover
fixed charges. We would need an additional $31.580 million of earnings in order
to cover our fixed charges.