##### 



EXHIBIT 12.1
 STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Thousands)
 Year Ended
    
    
    Year Ended
    
    
    Year Ended
    
    
    Year Ended
    
    
    Year EndedMarch 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,2007
    
    
    2006
    
    
    2005
    
    
    2004
    
    
    2003(Restated)
    
    
    (Restated)
    
    
    (Restated)
    
    
    (Restated)
    
    
    (Restated)Consolidated pretax income (loss) from
continuing operations
    
    $
    (20,729
    )
    
    
    (19,086
    )
    
    
    (27,964
    )
    
    
    (16,715
    )
    
    
    2,493Net amortization of debt issuance expense
    
    
    3,172
    
    
    
    2,695
    
    
    
    2,236
    
    
    
    2,079
    
    
    
    1,287Interest expense
    
    
    36,868
    
    
    
    34,459
    
    
    
    31,549
    
    
    
    31,962
    
    
    
    27,048Interest portion of rental expense
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Earnings
    
    $
    20,523
    
    
    
    19,127
    
    
    
    7,244
    
    
    
    18,768
    
    
    
    32,335Interest expense
    
    $
    36,868
    
    
    
    34,459
    
    
    
    31,549
    
    
    
    31,962
    
    
    
    27,048Net amortization of debt issuance expense
    
    
    3,172
    
    
    
    2,695
    
    
    
    2,236
    
    
    
    2,079
    
    
    
    1,287Interest portion of rental expense
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Fixed Charges
    
    $
    41,252
    
    
    
    38,213
    
    
    
    35,208
    
    
    
    35,483
    
    
    
    29,842Ratio of Earnings to Fixed Charges
    
    $
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    1.08x
 
 (a)
    
    The deficiency in earnings required to cover fixed charges for the fiscal years
ended March 31, 2007, 2006, 2005 and 2004 was $20,729, $19,086, $27,964 and $16,715,
respectively. The deficiency in 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 the consolidated
financial statements), and that portion of operating lease rental expense which we deem
to be representative of interest. The deficiency in 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): Fiscal Year Ended March 31,2007
    
    
    2006
    
    
    2005
    
    
    2004Depreciation
    
    $
    18,567
    
    
    $
    19,130
    
    
    $
    22,594
    
    
    $
    23,587Amortization
    
    
    63
    
    
    
    353
    
    
    
    457
    
    
    
    675Non-cash charges, net
    
    
    
    
    
    
    2,665
    
    
    
    1,768
    
    
    
    3,753Total
    
    $
    18,630
    
    
    $
    22,148
    
    
    $
    24,819
    
    
    $
    28,015
 93