Exhibit 12 ---------- Three Months Ended Six Months Ended June 30, June 30, -------------------- -------------------- 2000 1999 2000 1999 -------- -------- -------- -------- DETERMINATION OF RATIO OF EARNINGS TO - ------------------------------------- FIXED CHARGES: -------------- Loss before benefit for income taxes ($ 2,237) ($ 1,673) ($ 2,679) ($ 1,063) Fixed charges Amortization of deferred financing costs 335 298 673 594 Interest expense 5,160 4,396 10,222 8,579 -------- -------- -------- -------- Earnings before fixed charges 3,258 3,021 8,216 8,110 Fixed charges Amortization of deferred financing costs 335 298 673 594 Interest expense 5,160 4,396 10,222 8,579 -------- -------- -------- -------- Total fixed charges 5,495 4,694 10,895 9,173 Ratio of earnings to fixed charges 0.59X 0.64X 0.75X 0.88X ======== ======== ======== ========