Consolidated Balance Sheet
    


(Dollars in thousands) December 31,
2000 		January 2,
2000
         
ASSETS        
         
CURRENT ASSETS        
   Cash and cash equivalents $ 56,381  $ 56,957 
   Trading securities   295    380 
   Accounts receivable, less allowance for doubtful accounts of $6,238 and $3,477, respectively   246,932    262,005 
   Inventories   131,812    131,754 
   Prepaid income taxes   10,154    1,448 
   Deferred income taxes   21,773    13,720 
   Prepaid expense   16,906    11,316 
      Total current assets   484,253    477,580 
         
         
PLANT AND EQUIPMENT        
   Buildings and improvements   93,168    104,969 
   Machinery and equipment   312,529    339,069 
   Office equipment   155,251    124,948 
      Total   560,948    568,986 
   Less accumulated depreciation   284,301    298,052 
      Depreciated cost   276,647    270,934 
   Plant and equipment under construction   25,432    46,966 
   Land   8,139    10,243 
      Total plant and equipment   310,218    328,143 
         
         
OTHER ASSETS        
   Goodwill, less accumulated amortization        
      of $60,164 and $8,024, respectively   -    52,140 
   Prepaid pension expense   94,276    88,111 
   Other   13,859    15,665 
         Total other assets   108,135    155,916 
         Total assets $ 902,606  $ 961,639 
         
         
LIABILITIES AND SHAREHOLDERS' EQUITY
       
         
CURRENT LIABILITIES
       
   Current portion of long-term debt $ 590  $ - 
   Accounts payable   37,821    38,356 
   Dividends payable   -    6,302 
   Accrued compensation   34,182    38,672 
   Customer deposits   259    263 
   Deferred service contract income   6,910    7,892 
   Accrued restructuring   8,583    3,550 
   Other current liabilities   25,237    18,902 
      Total current liabilities   113,582    113,937 
         
LONG-TERM LIABILITIES
       
   Long-term debt   202,930    203,520 
   Retiree health care obligation   52,798    54,164 
   Deferred compensation   10,515    7,709 
   Deferred income taxes   28,627    40,578 
      Total long-term liabilities   294,870    305,971 
         
SHAREHOLDERS' EQUITY
       
   Common stock, $1.00 par value:        
      Authorized 101,000,000 shares        
      Issued 2000 - 24,704,329; 1999 - 24,467,544   24,704    24,468 
   Class A stock, $1.00 par value:        
      Authorized 9,450,000 shares        
      Issued - 4,725,000   4,725    4,725 
   Capital in excess of par value   38,123    35,669 
   Accumulated other comprehensive losses   (934)   (417)
   Retained earnings   477,731    525,835 
   Treasury stock at cost:        
      2000 - 1,748,082 shares; 1999 - 1,793,395 shares   (45,364)   (46,540)
   Unearned compensation - restricted stock   (1,981)   - 
   Common stock held in grantor trust, at cost:        
      2000 - 105,443 shares; 1999 - 59,697 shares   (2,850)   (2,009)
      Total shareholders' equity   494,154    541,731 
      Total liabilities and shareholders' equity $ 902,606  $ 961,639 

See accompanying notes.