EX-12.1 3 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES. Computation of ratio of earnings to fixed charges.

Exhibit 12.1

 

     Year Ended December 31,  
     2006     2007     2008     2009     2010  

Fixed Charges:

          

Interest Expense

     163.2        161.4        208.8        188.3        167.0   

Amortization of Debt Issue Costs

     8.8        6.8        7.9        8.5        8.3   

Capitalized Interest

     0.6        0.4        1.8        2.4        1.1   

Interest Factor in Rent Expense

     4.1        5.0        12.5        12.0        12.2   

FIXED CHARGES

     176.7        173.6        231.0        211.2        188.6   

Earnings:

          

(Loss) Income from Continuing Operations Before Income Tax

     (76.6     (25.2     (64.4     80.5        38.2   

Dividends Received, Net of Earnings in Equity Affiliates

     0.0        (0.2     0.3        (0.1     (0.2

Fixed Charges

     176.7        173.6        231.0        211.2        188.6   

Capitalized Interest

     (0.6     (0.4     (1.8     (2.4     (1.1

Amortization of Capitalized Interest

     1.6        1.6        1.8        1.9        1.9   

EARNINGS

     101.1        149.4        166.9        291.1        227.4   

Ratio of Earnings to Fixed Charges

     0.6        0.9        0.7        1.4        1.2