Published on December 24, 2008
EXHIBIT 12.1
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(UNAUDITED)
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For the Nine |
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For the Period |
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(dollars are in thousands) |
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Loss before taxes |
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(128,580 |
) |
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(2,901 |
) |
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Add: fixed charges (interest expense) |
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49,590 |
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|
415 |
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preferred stock dividend |
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Loss as adjusted |
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(78,990 |
) |
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(2,486 |
) |
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Fixed charges (interest expense) + preferred stock dividend |
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49,590 |
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|
415 |
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Ratio of losses to combined fixed charges and preferred stock dividends |
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(1.59 |
) |
|
(5.99 |
) |