Statement Regarding Computation of Ratio of Earnings to Fixed Charges Transition Period For the years ended June 30, ended ---------------------------------------------------------- September 30, September 30, 1992 1993 1994 1995 1996 1996 1995 ------- ------- -------- ------- -------- -------- ------- (in thousands, except ratio) Ratio of earnings to fixed charges Income (loss) before income taxes $17,888 $24,055 $3,774 $22,655 $21,290 $ (28,178) $2,108 Interest 14,026 5,848 7,624 8,541 8,382 2,821 2,379 Interest portion of rental expense 2,400 2,562 2,668 2,728 2,739 665 682 Amortization of debt expenses 78 108 101 103 53 1,609 34 ------- ------- ------- ------- ------- --------- ------ Earnings $34,392 $32,573 $14,167 $34,027 $32,464 $ (23,083) $5,203 ======= ======= ======= ======= ======= ========= ====== Fixed charges $16,504 $ 8,518 $10,393 $11,372 $11,174 $ 5,095 $3,095 ======= ======= ======= ======= ======= ========= ====== Ratio 2.1 3.8 1.4 3.0 2.9 -(1) 1.7 ======= ======= ======= ======= ======= ========= ====== (1) Since the earnings during the Transition Period ended September 30, 1996, are inadequate to cover fixed charges by $28,178, such ratio is not included herein.