EXHIBIT 12 Pro Forma Nov. 30 Feb. 26 Fiscal Fiscal Fiscal Fiscal Fiscal 1993 1994 1995 1996 1997 1998 1998 ---- ---- ---- ---- ---- ---- ---- Ratio of earnings to fixed charges Income before income taxes 10,295 807 23,265 25,206 18,449 11,165 8,636 Plust fixed charges: Interest expense 2,893 1,455 5,777 7,073 14,509 17,327 26,319 Interest factor included in rent expense 50 149 286 445 541 906 1,007 Amortization of deferred financing costs 252 206 787 893 976 1,081 1,081 ------ ------ ------ ------ ------ ------ ------ Total earnings 13,490 2,617 30,115 33,617 34,475 30,479 37,043 Fixed Charges 3,195 1,810 6,850 8,411 16,026 19,314 28,407 Ratio 4.2 1.5 4.4 4.0 2.2 1.6 1.3