Exhibit 12.1

Ratio of Earnings to Fixed Charges Calculation

	Three Months Ended 12/31/2003			Six Months Ended 3/31/2004
	(dollars in thousands)
Pre-tax income (loss) from continuing operations
		(3,150	)		5,408
Fixed charges:
Interest expense + Amortization of deferred financing from continuing operations
		8,203			16,043
Interest factor of rental expense (1)
		2,154			4,196
Total fixed charges		10,357			20,239
Pre-tax income from continuing operations plus fixed charges
		7,207			25,647
Ratio of Earnings to Fixed Charges
		0.70			(2) 1.2	7

(1)     One-third of rental expense relating to operating leases is attributed to the interest portion. Management believes this represents a reasonable approximation of the interest factor. (2) For the three months ended December 31, 2003 the ratio coverage was less than 1:1. The Company must generate additional earnings of $3,150 to achieve a coverage ratio of 1:1.