School Specialty (SCOO) 10-Q 2005 Q3 Quarterly report

EXHIBIT 12.1

School Specialty, Inc.

Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

	Six Months Ended October 29, 2005		Fiscal Year (1)
			2005		2004		2003		2002		2001
Earnings
Income before income taxes	$	89,698	$	70,324	$	66,712	$	66,037	$	36,300	$	21,006
Plus:
Fixed charges		9,495		16,301		21,100		20,840		20,052		18,941
Amortization of capitalized interest		24		48		48		48		28		—
Less interest capitalized during period		—		—		—		—		240		—
	$	99,217	$	86,673	$	87,860	$	86,925	$	56,140	$	39,947
Fixed Charges
Interest (expensed or capitalized)	$	7,156	$	11,623	$	16,564	$	16,042	$	15,964	$	16,393
Estimated portion of rent expense representative of interest		1,706		3,291		2,797		2,675		2,519		1,958
Amortization of deferred financing fees		633		1,387		1,739		2,123		1,569		590
	$	9,495	$	16,301	$	21,100	$	20,840	$	20,052	$	18,941
Ratio of earnings to fixed charges		10.4		5.3		4.2		4.2		2.8		2.1

(1) All fiscal years presented were 52 weeks, except for fiscal 2005, which had 53 weeks.