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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
    
    
    2003Consolidated pretax income (loss) from
continuing operations
    
    $
    (21,202
    )
    
    
    (17,946
    )
    
    
    (27,352
    )
    
    
    (16,944
    )
    
    
    2,223Net amortization of debt issuance expense
    
    
    3,537
    
    
    
    3,001
    
    
    
    2,487
    
    
    
    2,191
    
    
    
    1,626Interest expense
    
    
    36,868
    
    
    
    34,623
    
    
    
    31,600
    
    
    
    31,984
    
    
    
    27,048Interest portion of rental expense
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Earnings
    
    $
    20,415
    
    
    
    20,737
    
    
    
    8,158
    
    
    
    18,673
    
    
    
    32,404Interest expense
    
    $
    36,868
    
    
    
    34,623
    
    
    
    31,600
    
    
    
    31,984
    
    
    
    27,048Net amortization of debt issuance expense
    
    
    3,537
    
    
    
    3,001
    
    
    
    2,487
    
    
    
    2,191
    
    
    
    1,626Interest portion of rental expense
    
    
    1,212
    
    
    
    1,059
    
    
    
    1,423
    
    
    
    1,442
    
    
    
    1,507Fixed Charges
    
    $
    41,617
    
    
    
    38,683
    
    
    
    35,510
    
    
    
    35,617
    
    
    
    30,181Ratio of Earnings to Fixed Charges
    
    $
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    (a
    )
    
    
    1.07
    x
 
 (a)
    
    The deficiency in earnings required to cover fixed charges for the fiscal years
ended March 31, 2007, 2006, 2005 and 2004 was $21,202, $17,946, $27,352 and $16,944,
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
 100