Exhibit 12 STATEMENT SETTING FORTH THE COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Years Ended March 31, (In thousands) 1994 1993 1992 1991 1990 Income before income taxes $ 3,663 $146,579 $74,356 $115,959 $72,069 Add fixed charges 19,483 17,711 10,409 6,409 2,722 Earnings (as defined) $23,146 $164,290 $84,765 $122,368 $74,791 Fixed charges Interest expense $14,882 $ 14,363 $ 7,763 $ 5,205 $ 1,820 Amortization of debt issuance costs 577 586 - - - Estimated interest component of rent expenses 4,024 2,762 2,646 1,204 902 Total fixed charges $19,483 $ 17,711 $10,409 $ 6,409 $ 2,722 Ratio of earnings to fixed charges 1.2 9.3 8.1 19.1 27.5