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Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

 
   
   
   
   
   
   
  Three Months Ended March 31,
 
   
  Four Months
Ended
April 30,
2000

  Eight Months
Ended
December 31,
2000

  Year Ended December 31,
 
  Year Ended
December 31,
1999

 
  2001
  2002
  2003
  2003
  2004
Net income   $ 502   $ (7,677 ) $ 1,623   $ (3,918 ) $ 2,002   $ 15,226   $ 832   $ 5,706
Add back fixed charges:                                                
  Interest Expense     638     79     530     2,253     2,717     3,392     410     1,156
   
 
 
 
 
 
 
 
Earnings before fixed charges   $ 1,140   $ (7,598 ) $ 2,153   $ (1,665 ) $ 4,719   $ 18,618   $ 1,242   $ 6,862
   
 
 
 
 
 
 
 
Fixed Charges:                                                
  Interest expense   $ 638   $ 79   $ 530   $ 2,253   $ 2,717   $ 3,392   $ 410   $ 1,156
   
 
 
 
 
 
 
 
Ratio of earnings to fixed charges     1.8     0.0     4.1     0.0     1.7     5.5     3.0     5.9
Deficiency       $ (7,598 )     $ (1,665 )              



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