Exhibit 12.1



Paperweight Development Corp. and Subsidiaries

Statement of Computation of Ratio of Earnings to Fixed Charges

(unaudited)



|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|------------------------------------------------- |  | ------------------ | ------ | ----------------- | ------------ | - | ------ | ---- |  | - | ------- | - | ---- | - | ------------------------------------------------- |  | ------------------------------------------------ | ------ | ---- | - | ------ |  | - | ------ |  | - | -------
|                                                  |  | Three Months Ended |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   | 
|                                                  |  | (Successor Basis)  |        | Predecessor Basis
|                                                  |  | April 3,2005       |        |                   | April 4,2004 |   |        | 2004 |  |   | 2003    |   | 2002 |   | For the PeriodNovember 10,2001 toDecember 29,2001 |  | For the PeriodDecember 31,2000 toNovember 9,2001 |        | 2000
|Net earnings from continuing operations           |  | $                  | (4,283 | )                 |              | $ | 5,511  |      |  | $ | (25,031 | ) |      | $ | 11,159                                            |  | $                                                | 10,092 |      | $ | 7,616  |  | $ | 37,183 |  | $ | 66,161 
|Add: Income tax expense                           |  |                    | (766   | )                 |              |   | (324   | )    |  |   | 249     |   |      |   | 83                                                |  |                                                  | 503    |      |   | 117    |  |   | 20,625 |  |   | 32,874 
|Add: Interest expense                             |  |                    | 12,256 |                   |              |   | 13,706 |      |  |   | 49,595  |   |      |   | 54,160                                            |  |                                                  | 68,354 |      |   | 10,638 |  |   | 25,441 |  |   | 43,244 
|Minority interest in net earnings of subsidiaries |  |                    |       |                   |              |   |       |      |  |   |        |   |      |   |                                                  |  |                                                  |       |      |   |       |  |   |       |  |   | 1,230  
|Portion of rent deemed interest factor            |  |                    | 813    |                   |              |   | 901    |      |  |   | 3,347   |   |      |   | 2,662                                             |  |                                                  | 2,930  |      |   | 386    |  |   | 2,485  |  |   | 3,394  
|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|Total earnings available for fixed charges        |  | $                  | 8,020  |                   |              | $ | 19,794 |      |  | $ | 28,160  |   |      | $ | 68,064                                            |  | $                                                | 81,879 |      | $ | 18,757 |  | $ | 85,734 |  | $ | 146,903
|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|Fixed charges:                                    |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|Interest expense                                  |  |                    | 12,256 |                   |              |   | 13,706 |      |  |   | 49,595  |   |      |   | 54,160                                            |  |                                                  | 68,354 |      |   | 10,638 |  |   | 25,441 |  |   | 43,244 
|Portion of rent deemed interest factor            |  |                    | 813    |                   |              |   | 901    |      |  |   | 3,347   |   |      |   | 2,662                                             |  |                                                  | 2,930  |      |   | 386    |  |   | 2,485  |  |   | 3,394  
|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|Total fixed charges                               |  | $                  | 13,069 |                   |              | $ | 14,607 |      |  | $ | 52,942  |   |      | $ | 56,822                                            |  | $                                                | 71,284 |      | $ | 11,024 |  | $ | 27,926 |  | $ | 46,638 
|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |        
|Ratio of earnings to fixed charges                |  |                    | 0.6    |                   |              |   | 1.4    |      |  |   | 0.5     |   |      |   | 1.2                                               |  |                                                  | 1.1    |      |   | 1.7    |  |   | 3.1    |  |   | 3.1    
|                                                  |  |                    |        |                   |              |   |        |      |  |   |         |   |      |   |                                                   |  |                                                  |        |      |   |        |  |   |        |  |   |