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<PAGE> 1
EXHIBIT 12.1
<TABLE>
<CAPTION>
Eleven Months
Three Months Ended Year Ended Ended Year Ended
March 31, December 31, December 31, January 31,
2000 1999 1999 1998 1997 1997 1996
------ ---- ---- ---- ---- ---- ----
(In Thousands)
<S> <C> <C> <C> <C> <C> <C> <C>
Pre-tax income (loss) ................ $(16,606) 4,540 (283) (7,836) (25,913) (8,357) (5,026)
Interest expense ..................... 1,315 2,014 4,300 4,319 989 1,300 739
Restructuring and other .............. 1,204 618 15,876 17,444 13,130 -- --
------ ----- ------ ------ ------ ----- -----
Earnings before interest and taxes(1) (14,087) 7,172 19,893 13,927 (11,794) (7,057) (4,287)
------ ----- ------ ------ ------ ----- -----
Fixed charges (interest expense) ..... 1,315 2,014 4,300 4,319 989 1,300 739
------ ----- ------ ------ ------ ----- -----
Ratio of earnings to fixed
charges (1)(2)...................... * 3.6x 4.6x 3.2x * * *
------ ----- ------ ------ ------ ----- -----
</TABLE>
(1) Earnings exclude restructuring and other non-recurring charges.
(2) The Company's earnings were insufficient to cover fixed charges by $15.4
million, $12.8 million, $8.4 million and $5.0 million for the three months
ended March 31, 2000, the eleven months ended December 31, 1997, and the
years ended January 31, 1997 and 1996.
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