EXHIBIT 12 Nov. 30 Feb. 26 Fiscal Fiscal Fiscal Fiscal 1993 1994 1995 1996 1997 1998 ------- ------- ------- ------ ------ ------ Ratio of earnings to fisxed charges Income before income taxes 10,295 807 23,265 25,206 18,449 11,165 Plust fixed charges: Interest expense 2,893 1,455 5,777 7,073 14,509 17,327 Interest factor included in rent expense 50 149 286 445 541 906 Amortization of deferred financing costs 252 206 787 893 976 1,081 ------ ------ ------ ------ ------ ------ Total earnings 13,490 2,617 30,115 33,617 34,475 30,479 Fixed Charges 3,195 1,810 6,850 8,411 16,026 19,314 Ratio 4.2 1.5 4.4 4.0 2.2 1.6