Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

The ratio of earnings to fixed charges of K2 for each of the periods indicated is as follows:

	Year Ended December 31,															Nine Months Ended September 30, 2004
	1999			2000			2001			2002			2003
	(In thousands, except ratios)
Earnings (loss) from continuing operations:
Earnings (loss) from continuing operations before taxes Adjustments:	$	12,516		$	24,200		$	(11,975	)	$	18,570		$	17,575		$	30,116
Fixed charges from continuing operations		13,230			15,878			14,432			9,928			11,516			15,808
	$	25,746		$	40,078		$	2,457		$	28,498		$	29,091		$	45,924
Fixed charges from continuing operations:
Total interest expense, including interest expense on borrowings, amortization of debt discount and premium on all indebtedness and other	$	12,741		$	14,814		$	13,631		$	8,966		$	9,950		$	13,811
Interest included in rent		489			1,064			801			962			1,566			1,997
Total fixed charges from continuing operations	$	13,230		$	15,878		$	14,432		$	9,928		$	11,516		$	15,808
Ratio of earnings to fixed charges (excess of fixed charges over earnings)		1.9	x		2.5	x	$	(11,975	)		2.9	x		2.5	x		2.9	x

(1) K2 computed the ratio of earnings to fixed charges by dividing earnings (earnings from continuing operations before taxes, adjusted for fixed charges from continuing operations), by fixed charges from continuing operations for the periods indicated. Fixed charges from continuing operations include (i) interest expense and amortization of debt discount or premium on all indebtedness, and (ii) a reasonable approximation of the interest factor deemed to be included in rental expense.