Form: 10-K

Annual report pursuant to Section 13 and 15(d)

March 31, 2003

COMPUTATION OF OPERATING RATIOS

Published on March 31, 2003

Exhibit 12

PATRICK INDUSTRIES, INC.

Statement of Computation of Operating Ratios




Operating ratios which appear in this Form 10-K, including gross profit,
warehouse and delivery expenses, selling, general, and administrative expenses,
operating income, and net income were computed by dividing the respective
amounts by net sales for the periods indicated.