Attached files
Exhibit 12.1
Computation Of Ratio Of Earnings To Fixed Charges
Year
Ended December 31, 2010 |
Year
Ended December 31, 2009 |
Period October 29, 2008 to December 31, 2008 |
Period January 1, 2008 to October 28, 2008 |
Year Ended December 31, | ||||||||||||||||||||
2007 | 2006 | |||||||||||||||||||||||
(Successor) | (Successor) | (Successor) | (Predecessor) | (Predecessor) | (Predecessor) | |||||||||||||||||||
(dollars in thousands) | ||||||||||||||||||||||||
Earnings: |
||||||||||||||||||||||||
Income (loss) before taxes |
$ | (25,344 | ) | $ | (12,258 | ) | $ | (1,235 | ) | $ | 90,645 | $ | 138,037 | $ | 117,560 | |||||||||
Fixed charges: |
||||||||||||||||||||||||
Interest expense |
130,849 | 129,200 | 26,167 | 31,838 | 22,447 | 31,205 | ||||||||||||||||||
Estimate of interest implicit in rental expense |
35,474 | 36,933 | 9,136 | 45,456 | 50,310 | 48,373 | ||||||||||||||||||
Total fixed charges |
166,323 | 166,133 | 35,303 | 77,294 | 72,757 | 79,578 | ||||||||||||||||||
Earnings before fixed charges and income taxes |
$ | 140,979 | $ | 153,875 | $ | 34,068 | $ | 167,939 | $ | 210,794 | $ | 197,138 | ||||||||||||
Ratio of earnings to fixed charges |
0.9 | 0.9 | 1.0 | 2.2 | 2.9 | 2.5 | ||||||||||||||||||
Earnings deficiency to cover fixed charges |
$ | (25,344 | ) | $ | (12,258 | ) | $ | (1,235 | ) | $ | | $ | | $ | |