EX-12 5 ex12-1.txt EXHIBIT 12.1 EXHIBIT 12.1 RATIO OF EARNINGS TO FIXED CHARGES (DOLLAR AMOUNTS IN THOUSANDS)
Quarter ended Fiscal year ended March 31, September 30, ----------------------- ------------------------------------------------------ 2003 2002 2002 2001 2000 1999 1998 ---- ---- ---- ---- ---- ---- ---- Income from continuing operations before income taxes............... 7,171 9,330 11,772 20,410 7,882 35,776 41,127 Minority interest in earnings........ 1,529 1,395 2,605 4,099 2,058 - - Income from equity investments....... (297) (268) (729) (250) (30) - - Fixed charges: Interest expense*................. 6,409 6,392 12,816 14,736 18,632 20,226 16,871 Interest factor of rent expense... 42 42 168 152 128 136 60 ---------- --------- --------- --------- --------- --------- --------- Fixed charges 6,451 6,434 12,984 14,888 18,760 20,362 16,931 ---------- --------- --------- --------- --------- --------- --------- Cash from equity investments......... 605 - 1,106 - - - - ---------- --------- --------- --------- --------- --------- --------- Net 15,459 16,891 27,738 39,147 28,670 56,138 58,058 ---------- --------- --------- --------- --------- --------- --------- Ratio of earnings from continuing operations to fixed charges (times)........................... 2.4 2.6 2.1 2.6 1.5 2.8 3.4
* INCLUDES AMORTIZATION OF DEFERRED FINANCING COSTS