Exhibit 12.1

EXHIBIT 12.1—STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

(in millions, except share and per share data)

		2004			2003			2002			2001			2000
1. NET INCOME AS A PERCENT TO SALES
A	Net Income	$	6.2		$	51.8		$	52.1		$	5.6		$	18.3
B	Net Sales	$	480.5		$	454.6		$	441.0		$	419.2		$	422.4
A % of B			1.3	%		11.4	%		11.8	%		1.3	%		4.3	%
2. EFFECTIVE INCOME TAX RATE
C	Income Taxes	$	20.0		$	23.2		$	23.0		$	14.0		$	17.4
D	Income before Income Taxes	$	31.1		$	76.6		$	74.3		$	19.8		$	35.7
C % of D			64.3	%		30.3	%		31.0	%		70.7	%		48.8	%
3. CURRENT RATIO
E	Current Assets	$	199.6		$	178.9		$	171.8		$	238.3		$	188.5
F	Current Liabilities	$	169.4		$	112.8		$	187.6		$	235.3		$	131.3
E:F			1.2			1.6			0.9			1.0			1.4
4. EARNINGS PER SHARE
G	Net Income	$	6.2		$	51.8		$	52.1		$	5.6		$	18.3
H	Basic shares outstanding		12,345			11,925			11,817			11,764			12,581
I	Diluted shares outstanding		12,989			12,554			12,557			12,501			13,000
G/H	Basic earnings per share	$	0.50		$	4.34		$	4.41		$	0.48		$	1.46
G/I	Diluted earnings per share	$	0.48		$	4.13		$	4.15		$	0.45		$	1.41
Shares in thousands, earnings per share in dollars.
5. WORKING CAPITAL
J	Current Assets	$	199.6		$	178.9		$	171.8		$	238.3		$	188.5
K	Current Liabilities		169.4			112.8			187.6			235.3			131.3
L	Current Portion of Long-Term Debt		30.2			1.7			56.8			65.1			30.0
J-K+L	Working Capital	$	60.4		$	67.8		$	41.0		$	68.1		$	87.2