Exhibit 12.1

K2 Inc.

Ratio of Earnings to Fixed Costs

(in thousands)

	31-Dec-98		31-Dec-99		31-Dec-00		31-Dec-01			31-Dec-02		30-Jun-03		30-Sep-03
Earnings (a)
Pre-tax income from continuing operations	$	4,823	$	12,516	$	24,200	$	(11,975	)	$	18,570	$	9,095	$	14,264
Fixed charges		12,614		13,230		15,878		14,432			9,928		5,089		7,969
Amortization of capitalized interest		—		—		—		—			—		—		—
Distributed income of equity investees		—		—		—		—			—		—		—
Pre-tax losses of equity investees		—		—		—		—			—		—		—
Less: interest capitalized		—		—		—		—			—		—		—
Less: preference security dividend requirements		—		—		—		—			—		—		—
Less: minority interest in pre-tax income		—		—		—		—			—		—		—
		17,437		25,746		40,078		2,457			28,498		14,184		22,233
Fixed charges (b)
Interest expensed and capitalized		12,163		12,741		14,814		13,631			8,966		4,608		7,248
Amortized premiums, discounts and capitalized expenses related to indebtedness (included in interest expense)
Estimate of interest within rental expense		451		489		1,064		801			962		481		721
Preference security dividend requirements		—		—		—		—			—		—		—
		12,614		13,230		15,878		14,432			9,928		5,089		7,969
Ratio (a/b)		1.38		1.95		2.52		0.17			2.87		2.79		2.79
$ Deficiency		n/a		n/a		n/a	$	11,975			n/a		n/a		n/a