| Three months | ||||||||||||||||||||||||
| ended | Years ended | |||||||||||||||||||||||
| March 31, | December 31, | |||||||||||||||||||||||
| (Amounts in thousands, except ratios) | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||||
(Loss) income before income taxes |
$ | (2,527 | ) | $ | (42,136 | ) | $ | 33,442 | $ | 20,467 | $ | 2,371 | $ | (6,017 | ) | |||||||||
Fixed charges: |
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Total interest including
amortization of debt discount and
issue costs and amounts capitalized |
924 | 8,722 | 8,346 | 8,141 | 7,766 | 12,829 | ||||||||||||||||||
Estimated interest within rent
expense |
3,181 | 12,725 | 11,343 | 12,468 | 8,424 | 8,612 | ||||||||||||||||||
Total fixed charges |
$ | 4,105 | $ | 21,447 | $ | 19,689 | $ | 20,609 | $ | 16,190 | $ | 21,441 | ||||||||||||
Earnings (a) |
$ | 1,546 | $ | (20,782 | ) | $ | 53,315 | $ | 41,272 | $ | 18,512 | $ | 15,312 | |||||||||||
Ratio of earnings to fixed charges
(b) |
— | — | 2.71 | 2.00 | 1.14 | — | ||||||||||||||||||
| (a) | For these ratios, “earnings” represents income (loss) before income taxes plus fixed charges and amortization of capitalized interest, less capitalized interest. | |
| (b) | Due to losses during the three months ended March 31, 2009 and the years ended December 31, 2008 and 2004, the ratio of earnings to fixed charges for those periods was less than 1.0. The deficiency of earnings to total fixed charges was $2,559, $42,229 and $6,129, respectively, for those periods. |