<PAGE>

                                                                    EXHIBIT 99.1

                   INDEX TO UNAUDITED PRO FORMA FINANCIAL DATA

<TABLE>
<CAPTION>

                                                                                                              PAGE
                                                                                                              ----
<S>                                                                                                           <C>
Basis of Presentation ....................................................................................     P-2

Pro Forma Consolidated Statement of Operations for the years ended:

   December 31, 1999 .....................................................................................     P-3

   December 31, 2000 .....................................................................................     P-4

Notes to Unaudited Pro Forma Financial Data ..............................................................     P-5

Computation of Pro Forma Earnings to Fixed Charges Ratios ................................................    P-12
</TABLE>


                                      P-1
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

                              BASIS OF PRESENTATION


       The following unaudited pro forma financial data for DeCrane Aircraft
Holdings, Inc. is based on our historical consolidated financial statements,
adjusted to reflect our acquisitions of Carl F. Booth & Co. and ERDA, Inc.
during the year ended December 31, 2000, as required by Securities and Exchange
Commission rules. In addition, the pro forma financial data is also adjusted to
reflect three other less significant acquisitions we completed during 2000.

       Supplementally, we have also provided unaudited pro forma data for the
year ended December 31, 1999. The 1999 pro forma data is adjusted to reflect our
2000 acquisitions and our 1999 PATS, Precision Pattern, Custom Woodwork, PCI
NewCo., International Custom Interiors and Infinity acquisitions.

       Our 1999 and 2000 acquisitions are described in the notes accompanying
our financial statements. Unaudited pro forma consolidated statements of
operations are presented for each of the years in the two-year period ended
December 31, 2000. The statements reflect our acquisitions as if they had
occurred as of January 1, 1999. All of our 1999 and 2000 acquisitions had
occurred by December 31, 2000 and are therefore reflected in our historical
balance sheet as of that date.

       The pro forma adjustments are based upon available information and
assumptions management believes are reasonable under the circumstances. The
unaudited pro forma financial data and accompanying notes should be read in
conjunction with our historical audited financial statements and related notes
and the historical audited financial statements and related notes of the
companies we have acquired and filed with the Securities and Exchange Commission
on Forms 10-K and 8-K. The pro forma financial data does not purport to
represent what our actual results of operations or actual financial position
would have been if the transactions described above in fact occurred on such
dates or to project our results of operations or financial position for any
future period or date.


                                      P-2
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

                      CONSOLIDATED STATEMENT OF OPERATIONS
                          YEAR ENDED DECEMBER 31, 1999

<TABLE>
<CAPTION>

                                                             HISTORICAL RESULTS
                                                          ------------------------
                                                            DECRANE     COMPANIES   ACQUISITION
                                                          AIRCRAFT (1) ACQUIRED (2) ADJUSTMENTS        PRO FORMA
                                                          -----------  -----------  -----------       -----------
                                                                           (DOLLARS IN THOUSANDS)
<S>                                                       <C>          <C>          <C>               <C>
Revenues ..............................................   $   244,048  $    94,384  $    (2,890) (3)  $   335,542
Cost of sales .........................................       165,871       66,091       (2,890) (4)      229,072
                                                          -----------  -----------  -----------       -----------

   Gross profit .......................................        78,177       28,293           --           106,470

Selling, general and administrative expenses ..........        40,157       11,692       (3,769) (5)       48,080
Amortization of intangible assets .....................        13,073          363        4,404  (6)       17,840
                                                          -----------  -----------  -----------       -----------

   Operating income ...................................        24,947       16,238         (635)           40,550

Interest expense ......................................        27,918        1,084       10,519  (7)       39,521
Other expenses (income), net...........................           447          (54)          --               393
                                                          -----------  -----------  -----------       -----------

Income (loss) before provision for income taxes .......        (3,418)      15,208      (11,154)              636
Provision for income taxes (benefit) ..................           952         (457)       2,162  (8)        2,657
                                                          -----------  -----------  -----------       -----------

Net income (loss) .....................................        (4,370)      15,665      (13,316)           (2,021)

Accrued preferred stock dividends and
   redemption value accretion .........................            --           --       (4,714) (9)       (4,714)
                                                          -----------  -----------  -----------       -----------

Net income (loss) applicable to
   common stockholder .................................   $    (4,370) $    15,665  $   (18,030)      $    (6,735)
                                                          ===========  ===========  ===========       ===========
</TABLE>



          See accompanying Notes to Unaudited Pro Forma Financial Data.


                                      P-3
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

                      CONSOLIDATED STATEMENT OF OPERATIONS
                          YEAR ENDED DECEMBER 31, 2000

<TABLE>
<CAPTION>

                                                             HISTORICAL RESULTS
                                                          ------------------------
                                                            DECRANE     COMPANIES   ACQUISITION
                                                          AIRCRAFT (1) ACQUIRED (2) ADJUSTMENTS        PRO FORMA
                                                          -----------  -----------  -----------       -----------
                                                                           (DOLLARS IN THOUSANDS)
<S>                                                       <C>          <C>          <C>               <C>
Revenues ..............................................   $   347,379  $    25,512  $    (1,307) (3)  $   371,584
Cost of sales .........................................       232,048       17,388       (1,936) (4)      247,500
                                                          -----------  -----------  -----------       -----------

Gross profit ..........................................       115,331        8,124          629           124,084

Selling, general and administrative expenses ..........        45,394        4,994       (2,659) (5)       47,729
Amortization of intangible assets .....................        17,948          171        1,237  (6)       19,356
                                                          -----------  -----------  -----------       -----------

Operating income ......................................        51,989        2,959        2,051            56,999

Interest expense ......................................        41,623          608          617  (7)       42,848
Other expenses, net ...................................           482           --           --               482
                                                          -----------  -----------  -----------       -----------

Income before provision for income taxes ..............         9,884        2,351        1,434            13,669
Provision for income taxes (benefit) ..................         6,282         (308)       2,338  (8)        8,312
                                                          -----------  -----------  -----------       -----------

Net income ............................................         3,602        2,659         (904)            5,357

Accrued preferred stock dividends and
   redemption value accretion .........................        (2,274)          --       (3,162) (9)       (5,436)
                                                          -----------  -----------  -----------       -----------

Net income (loss) applicable to
   common stockholder .................................   $     1,328  $     2,659  $    (4,066)      $       (79)
                                                          ===========  ===========  ===========       ===========
</TABLE>



          See accompanying Notes to Unaudited Pro Forma Financial Data.


                                      P-4
<PAGE>
                       UNAUDITED PRO FORMA FINANCIAL DATA

                   NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA

(1)    Reflects our historical consolidated results of operations for the years
       ended December 31, 1999 and 2000 derived from our historical audited
       financial statements.

(2)    Reflects the historical results of operations of companies we acquired
       that are not included in our historical results. The results of
       operations for the companies we acquired are for the periods from the
       beginning of the period presented to the dates indicated below. For
       periods subsequent to those dates, their respective results of operations
       are included in our historical results.

<TABLE>
<CAPTION>
                       COMPANY ACQUIRED                            REFLECTS PRO FORMA HISTORICAL RESULTS THROUGH
       ----------------------------------------------------    ----------------------------------------------------
<S>                                                            <C>
       1999 ACQUISITIONS
       PATS                                                    January 21, 1999
       Precision Pattern                                       April 22, 1999
       Custom Woodwork & Plastics                              August 4, 1999
       PCI NewCo                                               October 5, 1999
       International Custom Interiors                          October 7, 1999
       Infinity                                                December 16, 1999

       2000 ACQUISITION
       Carl Booth                                              May 1, 2000
       ERDA                                                    June 30, 2000
</TABLE>

       Tables summarizing the acquired companies' results of operations for the
       years ended December 31, 1999 and 2000 appear below.

<TABLE>
<CAPTION>
                                                      TOTAL                           2000 ACQUISITIONS
                                                      1999         CARL      --------------------------------------
       YEAR ENDED DECEMBER 31, 1999                ACQUISITIONS    BOOTH       ERDA (a)    OTHERS (b)      TOTAL
       ----------------------------                -----------  -----------  -----------  -----------   -----------
                                                                        (DOLLARS IN THOUSANDS)
<S>                                                <C>          <C>          <C>          <C>           <C>
       Revenues .................................  $    52,834  $    13,757  $    21,476  $     6,317   $    94,384
       Cost of sales ............................       36,440       10,163       16,783        2,705        66,091
                                                   -----------  -----------  -----------  -----------   -----------

       Gross profit .............................       16,394        3,594        4,693        3,612        28,293

       Selling, general and administrative
         Expenses ...............................        5,324        1,237        2,270        2,861        11,692
       Amortization of intangible assets ........          124           --          239           --           363
                                                   -----------  -----------  -----------  -----------   -----------

       Operating income .........................       10,946        2,357        2,184          751        16,238

       Interest expense (income) ................          152          (65)         997           --         1,084
       Other income, net ........................          (29)         (25)          --           --           (54)
                                                   -----------  -----------  -----------  -----------   -----------

       Income before provision for
         income taxes ...........................       10,823        2,447        1,187          751        15,208

       Provision for income taxes (benefit) .....         (827)          --          389          (19)         (457)
                                                   -----------  -----------  -----------  -----------   -----------

       Net income ...............................  $    11,650  $     2,447  $       798  $       770   $    15,665
                                                   ===========  ===========  ===========  ===========   ===========
</TABLE>
--------------------------
       (a) Excludes the operating results of ERDA's majority owned subsidiary
           not acquired.

       (b) Reflects our acquisition of Coltech and two product lines during
           2000.

                                      P-5
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)

<TABLE>
<CAPTION>

                                                                     1999 ACQUISITIONS
                                        ---------------------------------------------------------------------------
                                                               CUSTOM                 INT'L
       YEAR ENDED DECEMBER 31, 1999                PRECISION    WOOD       PCI       CUSTOM
       (CONTINUED)                        PATS      PATTERN     WORK      NEWCO.    INTERIORS  INFINITY     TOTAL
                                        ---------  ---------  ---------  ---------  ---------  ---------  ---------
                                                                  (DOLLARS IN THOUSANDS)
<S>                                     <C>        <C>        <C>        <C>        <C>        <C>        <C>
       Revenues ......................  $     451  $  12,757  $   4,972  $   6,692  $   4,753  $  23,209  $  52,834
       Cost of sales .................      1,229      8,435      2,203      4,747      3,057     16,769     36,440
                                        ---------  ---------  ---------  ---------  ---------  ---------  ---------

       Gross profit (loss) ...........       (778)     4,322      2,769      1,945      1,696      6,440     16,394

       Selling, general and
         administrative expenses .....        611        944        262        520        492      2,495      5,324
       Amortization of intangible
         assets ......................         --        124         --         --         --         --        124
                                        ---------  ---------  ---------  ---------  ---------  ---------  ---------

       Operating income (loss) .......     (1,389)     3,254      2,507      1,425      1,204      3,945     10,946

       Interest expense (income) .....         23        127        (11)        (2)       (19)        34        152
       Other expenses (income), net ..         11        (33)        --         (3)        (4)        --        (29)
                                        ---------  ---------  ---------  ---------  ---------  ---------  ---------

       Income (loss) before
         provision for income
         taxes .......................     (1,423)     3,160      2,518      1,430      1,227      3,911     10,823

       Provision for income
         taxes (benefit) .............     (1,244)        --         --         --        417         --       (827)
                                        ---------  ---------  ---------  ---------  ---------  ---------  ---------

       Net income (loss) .............  $    (179) $   3,160  $   2,518  $   1,430  $     810  $   3,911  $  11,650
                                        =========  =========  =========  =========  =========  =========  =========
</TABLE>

<TABLE>
<CAPTION>

                                                                                 2000 ACQUISITIONS
                                                                ---------------------------------------------------
                                                                CARL BOOTH     ERDA (a)   OTHERS (b)      TOTAL
                                                                -----------  -----------  -----------   -----------
                                                                              (DOLLARS IN THOUSANDS)
<S>                                                             <C>          <C>          <C>           <C>
       Revenues ..............................................  $     5,983  $    14,354  $     5,175   $    25,512
       Cost of sale ..........................................        3,110       11,984        2,294        17,388
                                                                -----------  -----------  -----------   -----------

       Gross profit ..........................................        2,873        2,370        2,881         8,124

       Selling, general and administrative expenses ..........          588        2,499        1,907         4,994
       Amortization of intangible assets .....................           --          171           --           171
                                                                -----------  -----------  -----------   -----------

       Operating income (loss) ...............................        2,285         (300)         974         2,959

       Interest expense (income) .............................          (33)         641           --           608
                                                                -----------  -----------  -----------   -----------

       Income (loss) before provision for income taxes .......        2,318         (941)         974         2,351

       Provision for income taxes (benefit) ..................           --         (308)          --          (308)
                                                                -----------  -----------  -----------   -----------

       Net income (loss) .....................................  $     2,318  $      (633) $       974   $     2,659
                                                                ===========  ===========  ===========   ===========
</TABLE>
------------------------
       (a) Excludes the operating results of ERDA's majority owned subsidiary
           not acquired.

       (b) Reflects our acquisition of Coltech and two product lines during
           2000.


                                      P-6
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)


   (3) Reflects the elimination of intercompany sales.

   (4) Reflects a net decrease in cost of sales attributable to the follow:

<TABLE>
<CAPTION>

                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                                                              1999         2000
                                                                                          -----------   -----------
                                                                                            (DOLLARS IN THOUSANDS)
<S>                                                                                       <C>           <C>
       Elimination of intercompany sales ...............................................  $    (2,890)  $    (1,307)
       Reorganization of manufacturing process (a)......................................           --          (529)
       Reversal of intercompany profit in inventory (b) ................................           --          (100)
                                                                                          -----------   -----------
           Decrease in cost of sales....................................................  $    (2,890)  $    (1,936)
                                                                                          ===========   ===========
</TABLE>
------------------------

       (a) Reflects costs incurred, subsequent to the acquisition date, for a
           reorganization of the manufacturing process at ERDA. We planned for
           the reorganization prior to acquisition and began implementing the
           plan immediately after acquisition. The reorganization was completed
           during 2000.

       (b) Eliminated in our historical results.

   (5) Reflects the net decrease in selling, general and administrative expenses
       attributable to the following:

<TABLE>
<CAPTION>

                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                                                              1999         2000
                                                                                          -----------   -----------
                                                                                            (DOLLARS IN THOUSANDS)
<S>                                                                                       <C>           <C>
       Bonuses and employment contract termination expenses (a) ........................  $    (3,031)  $    (1,708)
       Acquisition related expenses (b) ................................................         (716)         (951)
       Other, net (c) ..................................................................          (22)           --
                                                                                          -----------   -----------
         Decrease in selling, general and administrative expenses ......................  $    (3,769)  $    (2,659)
                                                                                          ===========   ===========
</TABLE>
----------------------------

       (a) Reflects a reduction in expenses attributable to employment contract
           termination expenses and nonrecurring bonuses awarded prior to, and
           in anticipation of, our acquisitions of PATS, Infinity and Coltech.

       (b) Reflects a reduction for non-capitalizable acquisition expenses
           incurred by PATS, Infinity and ERDA on behalf of their stockholders
           related to their respective acquisitions by us.

       (c) Reflects cost savings attributable to employee benefit plans
           implemented at the companies we acquired.


                                      P-7
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)


   (6) Reflects the net increase in amortization expense pertaining to the
       amortization of goodwill and other intangible assets related to the
       companies we have acquired as follows:

<TABLE>
<CAPTION>

                                                                 INTANGIBLE    ESTIMATED    YEAR ENDED DECEMBER 31,
                                                                    ASSET       USEFUL    -------------------------
                                                                   AMOUNT      LIFE (a)       1999         2000
                                                                -----------   ----------- -----------   -----------
                                                                              (DOLLARS IN THOUSANDS)
<S>                                                             <C>           <C>         <C>           <C>
       Elimination of predecessor basis
         amortization (b).....................................                            $      (363)  $      (171)
       Amortization attributable to companies acquired (c):
         Goodwill ............................................  $   152,543           30        3,031           675
         FAA certifications ..................................       15,425           15          906           448
         Customer contracts ..................................        8,390            7          100            --
         Engineering drawings ................................        5,482           15          216            95
         Assembled workforce .................................        4,980            7          514           190
                                                                                          -----------   -----------
           Net increase in amortization expense ..............                            $     4,404   $     1,237
                                                                                          ===========   ===========
</TABLE>
--------------------------

       (a) Amortized on a straight-line basis over the respective estimated
           useful lives.

       (b) Reflects the elimination of amortization expense recorded by
           Precision Pattern and ERDA for periods prior to their acquisition.

       (c) Reflects adjustments for all of our 1999 and 2000 acquisitions from
           the beginning of the period presented to their respective acquisition
           dates; subsequent to those dates, amortization expense is included in
           our historical results.

   (7) Reflects the net increase in interest expense, including deferred
       financing cost amortization and commitment fees, as a result of our 1999
       and 2000 acquisitions as if they all had occurred on January 1, 1999.

       The components of pro forma interest expense are summarized in a table on
       the next page.


                                      P-8
<PAGE>
                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)

       The components of pro forma interest expense are summarized in the table
below.

<TABLE>
<CAPTION>
                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                        RATE OR TERM            AMOUNT        1999         2000
                                                 --------------------------  -----------  -----------   -----------
                                                                                     (DOLLARS IN THOUSANDS)
<S>                                              <C>                         <C>          <C>           <C>
       Senior credit facility (a):
         Revolving credit facilities ..........       LIBOR (b) + 2.75%              (c)  $        84   $        28
         Term facilities:
           Term A .............................       LIBOR (b) + 2.75%              (d)        3,345         3,526
           Term B .............................       LIBOR (b) + 3.5%               (e)       11,930        13,458
           Term D .............................       LIBOR (b) + 4.0%               (f)        8,668         9,717
       Senior subordinated notes ..............            12.00%            $   100,000       12,000        12,000
       Customer advance .......................             7.50%                    (g)          380           247
       Other long-term obligations ............         4.7% to 25.7%                (h)          251         1,042
       Deferred financing cost amortization:
         Senior revolving credit facilities ...          6 years (i)               1,277          213           213
         Senior term facilities:
           Term A .............................          6 years (j)               1,141          343           314
           Term B .............................          7 years (j)               4,211          679           672
           Term D .............................          6 years (j)               3,100          481           477
         Senior subordinated notes ............         10 years (j)               6,317          632           632
       Commitment fees and expenses ...........                                                   515           522
                                                                                          -----------   -----------
           Pro forma interest expense (k) .....                                           $    39,521   $    42,848
                                                                                          ===========   ===========
</TABLE>
----------------------------

       (a) Reflects our senior credit facility as amended for all of our 1999
           and 2000 acquisitions, as if all events had occurred on January 1,
           1999.

       (b) Calculations based on the historical LIBOR rates charged during the
           respective periods. The weighted average historical LIBOR rates were
           as follows:

<TABLE>
<CAPTION>
                                                                                            YEAR ENDED DECEMBER 31,
                                                                                            -----------------------
                                                                                              1999           2000
                                                                                            ---------      --------
<S>                                                                                         <C>            <C>
              Revolving credit facilities ..............................................       5.374%        6.709%
              Term A facility ..........................................................       5.365%        6.582%
              Term B facility ..........................................................       5.369%        6.603%
              Term D facility ..........................................................       5.396%        6.636%
</TABLE>

       (c) Reflects revolving credit facility borrowings of $5.8 million at
           December 31, 1998 plus $2.7 million pro forma additional borrowings
           as of January 1, 1999 for our 1999 and 2000 acquisitions. The pro
           forma weighted average borrowings outstanding under the revolving
           credit facilities were $1.0 million for the year ended December 31,
           1999 and $296,000 for the year ended December 31, 2000.

       (d) Reflects Term A facility borrowings of $34.5 million at December 31,
           1998 plus $7.5 million pro forma additional borrowings as of January
           1, 1999 for our Infinity and Carl Booth acquisitions, reduced by
           quarterly principal payments of $500,000 on March 31, 1999, $531,000
           on June 30 and September 30, 1999 and $1.1 million commencing
           December 31, 1999. The pro forma weighted average borrowings
           outstanding under the Term A facility were $41.2 million for the year
           ended December 31, 1999 and $37.8 million for the year ended December
           31, 2000.

                                      P-9
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)

       (e) Reflects Term B facility borrowings of $44.9 million at December 31,
           1998 plus $90.0 million pro forma additional borrowings as of January
           1, 1999 for our PATS and Precision Pattern acquisition, reduced by
           quarterly principal payments of $163,000 on March 31, 1999 and
           $338,000 commencing June 30, 1999. The pro forma weighted average
           borrowings outstanding under the Term B facility were $134.5 million
           for the year ended December 31, 1999 and $133.2 million for the year
           ended December 31, 2000.

       (f) Reflects Term D facility pro forma additional borrowings of $92.5
           million as of January 1, 1999 for our Infinity and Carl Booth
           acquisitions and to repay then existing revolving credit facility
           borrowings as of January 1, 1998, reduced by quarterly principal
           payments of $100,000 on March 31, 1999 and $231,000 commencing June
           30, 1999. The pro forma weighted average borrowings outstanding under
           the Term D facility were $92.3 million for the year ended December
           31, 1999 and $91.4 million for the year ended December 31, 2000.

       (g) Reflects a $5.0 million customer advance related to our PATS
           acquisition, pro forma as of January 1, 1999, reduced by principal
           payments of $975,000 on November 30, 1999 and $1.2 million on May 31
           and November 30, 2000. The pro forma weighted average advance
           outstanding was $4.9 million for the year ended December 31, 1999 and
           $3.2 million for the year ended December 31, 2000.

       (h) Reflects historical interest expense related to capital lease
           obligations and equipment term debt financing.

       (i) Deferred financing costs are amortized on a straight-line basis over
           the term of the agreement.

       (j) Deferred financing costs are amortized using the effective interest
           method.

       (k) A 0.125% change in the interest rates charged on variable rate
           borrowings would change interest expense and net income (loss) by:

<TABLE>
<CAPTION>

                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                                                              1999         2000
                                                                                          -----------   -----------
                                                                                            (DOLLARS IN THOUSANDS)
<S>                                                                                       <C>           <C>
               Interest expense.........................................................  $       341   $       343
               Net income (loss)........................................................          207           208
</TABLE>

   (8) Represents an increase in the provision for income taxes as a result of
       reflecting a pro forma provision for income taxes on the income of
       Precision Pattern, Custom Woodwork, PCI NewCo, Infinity and Carl Booth
       which were taxed as S Corporations or partnerships prior to their
       acquisitions, partially offset by a decrease in pro forma taxable income.
       The effective tax rate differs from the U.S. federal statutory rate
       primarily due to goodwill amortization related to acquisitions not
       deductible for income tax purposes and state and foreign income taxes.
       The difference in effective tax rates between periods is mostly a result
       the relationship of non-deductible expense to income before taxes.

   (9) Reflects an increase in accrued preferred stock dividends and redemption
       value accretion. We sold 16% mandatorily redeemable preferred stock and
       used the proceeds to partially fund the ERDA acquisition.


                                      P-10
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

             NOTES TO UNAUDITED PRO FORMA FINANCIAL DATA (CONTINUED)


(10) Supplemental pro forma financial information is as follows:

<TABLE>
<CAPTION>

                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                                                              1999         2000
                                                                                          -----------   -----------
                                                                                            (DOLLARS IN THOUSANDS)
<S>                                                                                       <C>           <C>
       Net cash provided by (used for):
         Operating activities ..........................................................  $    26,701   $    20,725
         Investing activities ..........................................................     (214,882)      (53,896)
         Financing activities ..........................................................      187,693        33,549
       EBITDA (a) ......................................................................       78,455        89,160
       Depreciation and amortization (b) ...............................................       25,512        29,212
       Capital expenditures:
         Paid in cash ..................................................................        9,283        23,492
         Financed with capital lease obligations .......................................        2,388           109
       Cash interest expense ...........................................................       37,173        40,540
       Ratio of earning to fixed charges (c) ...........................................        1.0x         1.3  x
</TABLE>
-------------------------

       (a) EBITDA is defined as earnings before interest, income taxes,
           depreciation and amortization, restructuring and asset impairment
           charges, acquisition related charges and other noncash and
           nonoperating charges. EBITDA, as defined, is the primary measurement
           we use to evaluate our operating groups' performance and is
           consistent with the manner in which our lenders and ultimate
           investors measure our overall performance.

           EBITDA is not a measure of performance or financial condition under
           generally accepted accounting principles. EBITDA is not intended to
           represent cash flow from operations and should not be considered as
           an alternative to income from operations or net income computed in
           accordance with generally accepted accounting principles, as an
           indicator of our operating performance, as an alternative to cash
           flow from operating activities or as a measure of liquidity. The
           funds depicted by EBITDA are not available for our discretionary use
           due to funding requirements for working capital, capital
           expenditures, debt service, income taxes and other commitments and
           contingencies. We believe that EBITDA is a standard measure of
           liquidity commonly reported and widely used by analysts, investors
           and other interested parties in the financial markets. However, not
           all companies calculate EBITDA using the same method, and the EBITDA
           numbers we report may not be comparable to EBITDA reported by other
           companies.

       (b) Reflects depreciation and amortization of plant and equipment,
           goodwill and other intangible assets. Excludes amortization of
           deferred financing costs, which are classified as a component of
           interest expense.

       (c) For purposes of calculating the ratio of earnings to fixed charges,
           earnings represent net income before income taxes, minority interests
           in the income of majority-owned subsidiaries, extraordinary items
           and fixed charges. Fixed charges consist of:

           -  interest, whether expensed or capitalized;

           -  amortization of debt expense and discount or premium relating to
              any indebtedness, whether expensed or capitalized; and

           -  one-third of rental expenses under operating leases which is
              considered to be a reasonable approximation of the interest
              portion of such expense.


                                      P-11
<PAGE>

                       UNAUDITED PRO FORMA FINANCIAL DATA

            COMPUTATION OF PRO FORMA EARNING TO FIXED CHARGES RATIOS

<TABLE>
<CAPTION>

                                                                                            YEAR ENDED DECEMBER 31,
                                                                                          -------------------------
                                                                                              1999         2000
                                                                                          -----------   -----------
                                                                                            (DOLLARS IN THOUSANDS)
<S>                                                                                       <C>           <C>
EARNINGS:
Income before provision for income taxes ...............................................  $       636   $    13,669
Minority interest in income of subsidiary with fixed charges ...........................          197           228
Fixed charges ..........................................................................       40,901        44,148
                                                                                          -----------   -----------
     Total earnings ....................................................................  $    41,734   $    58,045
                                                                                          ===========   ===========

FIXED CHARGES:
Interest expense, including amortization of debt discounts
   and issuance costs (1) ..............................................................  $    39,521   $    42,848
Interest component of rentals (2) ......................................................        1,380         1,300
                                                                                          -----------   -----------
     Total fixed charges ...............................................................  $    40,901   $    44,148
                                                                                          ===========   ===========

RATIO OF EARNINGS TO FIXED CHARGES:
Ratio ..................................................................................        1.0x           1.3x
Deficiency .............................................................................  $        --   $        --
</TABLE>
---------------------------

(1) None capitalized.

(2) Reflects one-third of rental expense under operating leases considered to
    represent interest costs.

                                      P-12