EXHIBIT 12

K2 Inc.

Statement of Computation of Ratio of Earnings to Fixed Charges (1)



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|----------------------------------------------------------------------------------------------------------------------------------------- |  | -------------------------- | ------ | ---- | - | -------- | ---- |  | ---- | ------ | ---- | - | ------ |  | - | ------
|                                                                                                                                          |  | Year Ended December 31,   
|                                                                                                                                          |  | 2006                       |        | 2005 |   |          | 2004 |  | 2003 |        | 2002
|                                                                                                                                          |  | (Thousands, except ratios)
|Earnings (loss) from continuing operations:                                                                                               |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Earnings (loss) from continuing operations before taxes                                                                                   |  | $                          | 58,613 |      | $ | (206,512 | )    |  | $    | 59,817 |      | $ | 17,575 |  | $ | 18,570
|Adjustments:                                                                                                                              |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Fixed charges from continuing operations                                                                                                  |  |                            | 36,269 |      |   | 35,458   |      |  |      | 24,804 |      |   | 11,516 |  |   | 9,928 
|                                                                                                                                          |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|                                                                                                                                          |  | $                          | 94,882 |      | $ | (171,054 | )    |  | $    | 84,621 |      | $ | 29,091 |  | $ | 28,498
|                                                                                                                                          |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Fixed charges from continuing operations:                                                                                                 |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Total interest expense, including interest expense on borrowings, amortization of debt discount and premium on all indebtedness and
other |  | $                          | 30,578 |      | $ | 30,352   |      |  | $    | 21,449 |      | $ | 9,950  |  | $ | 8,966 
|Interest included in rent                                                                                                                 |  |                            | 5,691  |      |   | 5,106    |      |  |      | 3,355  |      |   | 1,566  |  |   | 962   
|                                                                                                                                          |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Total fixed charges from continuing operations                                                                                            |  | $                          | 36,269 |      | $ | 35,458   |      |  | $    | 24,804 |      | $ | 11,516 |  | $ | 9,928 
|                                                                                                                                          |  |                            |        |      |   |          |      |  |      |        |      |   |        |  |   |       
|Ratio of earnings to fixed charges (excess of fixed charges over earnings)                                                                |  |                            | 2.6x   |      | $ | (206,512 | )    |  |      | 3.4x   |      |   | 2.5x   |  |   | 2.9x  

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|(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. For 2005, earnings were inadequate to cover fixed charges. 2005 loss included a non-cash intangible impairment charge of $253.2 million.
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