EXHIBIT 12.1 - STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS (Dollars in millions) 2000 1999 1998 1997 1996 1. NET INCOME AS A PERCENT OF SALES A Net Income $ 18.3 $ 42.6 $ 70.4 $117.7 $128.3 B Net Sales $422.4 $516.8 $465.0 $539.1 $497.4 A % of B 4.3% 8.2% 15.1% 21.8% 21.5% 2. EFFECTIVE INCOME TAX RATE C Income Taxes $ 17.4 $ 32.7 $ 41.5 $ 56.7 $ 63.8 D Income before Income $ 35.7 $ 75.3 $111.9 $174.4 $192.1 Taxes C % of D 48.8% 43.4% 37.1% 32.5% 33.2% Current Ratio E Current Assets $188.5 $255.8 $240.9 $282.7 $339.6 F Current Liabilities $131.3 $206.8 $205.2 $102.8 $123.5 E : F 1.4 1.2 1.2 2.7 2.7