##### 



EXHIBIT 12.1
 STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 Six MonthsEndedSeptember 30,
    
    
    Year Ended
    
    
    Year Ended
    
    
    Year Ended
    
    
    Year Ended
    
    
    Year Ended2007
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,(Unaudited)
    
    
    2007
    
    
    2006
    
    
    2005
    
    
    2004
    
    
    2003Consolidated pretax income (loss) from
continuing operations
    
    $
    (15,538
    )
    
    
    (20,729
    )
    
    
    (19,086
    )
    
    
    (27,964
    )
    
    
    (16,715
    )
    
    
    2,493Net amortization of debt issuance
expense
    
    
    1,927
    
    
    
    3,172
    
    
    
    2,695
    
    
    
    2,236
    
    
    
    2,079
    
    
    
    1,287Interest expense
    
    
    19,490
    
    
    
    36,868
    
    
    
    34,459
    
    
    
    31,549
    
    
    
    31,962
    
    
    
    27,048Interest portion of rental expense
    
    
    606
    
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Earnings
    
    $
    6,485
    
    
    
    20,523
    
    
    
    19,127
    
    
    
    7,244
    
    
    
    18,768
    
    
    
    32,335Interest expense
    
    $
    19,490
    
    
    
    36,868
    
    
    
    34,459
    
    
    
    31,549
    
    
    
    31,962
    
    
    
    27,048Net amortization of debt issuance
expense
    
    
    1,927
    
    
    
    3,172
    
    
    
    2,695
    
    
    
    2,236
    
    
    
    2,079
    
    
    
    1,287Interest portion of rental expense
    
    
    606
    
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Fixed Charges
    
    $
    22,023
    
    
    
    41,252
    
    
    
    38,213
    
    
    
    35,208
    
    
    
    35,483
    
    
    
    29,842Ratio of Earnings to Fixed Charges
    
    
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    1.08
    x
 
 (a)
    
    The deficiency of earnings required to cover fixed charges for the six
months ended September 30, 2007 and the fiscal years ended March 31, 2007, 2006,
2005 and 2004 was $15,538, $20,729, $19,086, $27,964 and $16,715, respectively.
The deficiency of earnings to cover fixed charges is computed by subtracting
earnings before fixed charges, income taxes and discontinued operations from fixed
charges. Fixed charges consist of interest expense, net amortization of debt
issuance expense (recorded as a component of interest expense in both the
consolidated and condensed consolidated financial statements) and that portion of
operating lease rental expense which we deem to be representative of interest.
The deficiency of earnings required to cover fixed charges includes depreciation
of property, plant and equipment and amortization of other assets and non-cash
charges which are reflected in cost of sales, selling, general and administrative
expenses and other expense in the following amounts (in thousands):
 Six MonthsEnded
    
    
    Fiscal Year EndedSeptember 30,
    
    
    March 31,2007
    
    
    2007
    
    
    2006
    
    
    2005
    
    
    2004Depreciation
    
    $
    9,215
    
    
    
    18,567
    
    
    
    19,130
    
    
    
    22,594
    
    
    
    23,587Amortization
    
    
    11
    
    
    
    63
    
    
    
    353
    
    
    
    457
    
    
    
    675Non-cash charges, net
    
    
    
    
    
    
    
    
    
    
    2,665
    
    
    
    1,768
    
    
    
    3,753Total
    
    $
    9,226
    
    
    
    18,630
    
    
    
    22,148
    
    
    
    24,819
    
    
    
    28,015