EX-12.1 4 exh12-1.htm RATIOS January 25 2005 S3 Exhibit 12.1

Exhibit 12.1

 

Year Ended January 31,


Nine Months Ended
October 31,


 

2000


2001


2002


2003


2004


2003


2004


Pre-tax income (loss) from continuing operations

$2,323,000

(6,866,000)

(10,388,000)

(6,091,000)

1,552,000

1,256,000

1,884,000

Fixed charges:

Interest Expense

Rental Expense (33%)

855,000

354,000

936,000

32,000

584,000

359,000

270,000

39,000

131,000

82,000

131,000

437,000

3,000

515,000

Total Fixed charges

1,209,000

1,268,000

943,000

509,000

713,000

568,000

518,000

Earnings:

 

 

 

 

 

 

 

Pre-tax income (loss) from continuing operations plus fixed charges

$3,532,000

(5,598,000)

(9,445,000)

(5,582,000)

2,265,000

1,824,000

2,402,000

Ratio of earnings to fixed charges

3:1

N/A

N/A

N/A

3:1

3:1

5:1