EXHIBIT 12.1 SCHEDULE RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS) THREE MONTHS ENDED DECEMBER 31, 1997 1996 -------- -------- Income before provision for income taxes............... $ 964 $5,551 Interest expense, including amortization of debt issuance costs.................................. 2,971 113 Interest portion of rental expense..................... 194 203 -------- -------- Earnings............................................... $4,129 $5,867 -------- -------- -------- -------- Interest expense, including amortization of debt issuance costs....................................... $2,971 $ 113 Interest portion of rental expense..................... 194 203 -------- -------- Fixed Charges.......................................... $3,165 $ 316 -------- -------- -------- -------- Ratio of Earnings to Fixed Charges..................... 1.3 18.6