|                                                                 |   |     |    |     |   |     |   |     |    | **EXHIBIT                12** |   |
|----------------------------------------------------------------------|--------|----------|---------|----------|--------|----------|--------|----------|---------|-------------------------------|--------|
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |
| **COMPUTATION                OF RATIO OF EARNINGS TO FIXED CHARGES** |
| *(Dollar                Amounts In Thousands)*                       |
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |
|                                                                 |   | **2005** |    | **2004** |   | **2003** |   | **2002** |    | **2001**                      |   |
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |
| **EARNINGS**                                                         |   |     |    |     |   |     |   |     |    |                          |   |
| Pre-tax                income (loss)                                 |   | $        | (27,015 | )        | $      | 3,945    |   | $        | (67,746 | )                             | $      | (79,157 | ) | $ | (4,416 | ) |
| Fixed                charges                                         |   |     | 17,433  |     |   | 13,638   |   |     | 11,205  |                          |   | 4,611 |   |   | 7,832 |   |
| Total                                                                |   | $        | (9,582  | )        | $      | 17,583   |   | $        | (56,541 | )                             | $      | (74,546 | ) | $ | 3,416 |   |
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
| **FIXED                CHARGES**                                     |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
| Interest                expense and amortization of                  |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
|                    debt discount and premium on all   |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
|                    indebtedness                       |   | $        | 16,111  |     | $      | 12,354   |   | $        | 9,887   |                          | $      | 3,257 |   | $ | 6,541 |   |
| Interest                portion of rental expense                    |   |     | 1,322   |     |   | 1,284    |   |     | 1,318   |                          |   | 1,354 |   |   | 1,291 |   |
| Total                fixed charges                                   |   | $        | 17,433  |     | $      | 13,638   |   | $        | 11,205  |                          | $      | 4,611 |   | $ | 7,832 |   |
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
| Ratio                of earnings to fixed                            |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |
| charges                                                              |   |     | (A      | )        |   | 1.3x     |   |     | (A      | )                             |   | (A | ) |   | (A | ) |
|                                                                 |   |     |    |     |   |     |   |     |    |                          |   |   |   |   |   |   |

| (A)                  Earnings                were insufficient to cover fixed charges by $27.0 million, $67.7                million,                $79.2 million and $4.4 million in 2005, 2003, 2002 and 2001,                respectively. |
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