FD Management S-4/A Registration of securities issued in business combination transactions (amended)

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Amounts in thousands)

	Years Ended January 31,
	2004			2003		2002			2001		2001
Earnings (loss), as defined:	$	2,036		$	18,150		$ (29,837 )		$	13,436	$	15,329
Net income (loss)
(Benefit from) provision for income taxes		(4,112	)		7,059		(9,014	)		8,091		10,001
Fixed charges, as defined below		43,226			45,742		47,433			20,617		19,641
Total earnings, as defined	$	41,150		$	70,951	$	8,582		$	42,144	$	44,971
Fixed charges, as defined	$	43,226		$	45,742	$	47,433		$	20,617	$	19,641
Total fixed charges, as defined	$	43,226		$	45,742	$	47,433		$	20,617	$	19,641
Ratio of earnings to fixed charges		(1)			1.55		(2)			2.04		2.29

The Company’s consolidated ratios of earnings to fixed charges were computed by dividing earnings by fixed charges. For this purpose, earnings are the sum of net income (loss), the provision for (benefit from) income taxes and fixed charges. Fixed charges include interest expense, including the amortization of debt issue expenses and debt issue premiums and one-third of rent expense.

(1)    For the fiscal year ended January 31, 2004, earnings are insufficient to cover fixed charges as evidenced by a less than one-to-one coverage ratio as shown above. Additional earnings of approximately $2.1 million was necessary for the fiscal year ended January 31, 2004 to provide a one-to-one coverage ratio.

(2)    For the fiscal year ended January 31, 2002, earnings were insufficient to cover fixed charges as evidenced by a less than one-to-one coverage ratio as shown above. Additional earnings of approximately $38.9 million would have been necessary for the fiscal year ended January 31, 2002 to provide a one-to-one coverage ratio.