Consolidated Statement of Income

(in thousands except per share amounts)
Years ended March 31,
1996 1995 1994

Net revenues $560,802 $355,130 $256,448
Costs and expenses:
Cost of revenues 203,192 138,492 98,835
Research and development 64,600 45,318 34,334
Marketing, general and administrative 107,888 76,772 58,111
Non-recurring charges 19,366 2,500 ----

Total costs and expenses 395,046 263,082 191,280

Operating income 165,756 92,048 65,168
Interest income and other 10,791 13,083 2,803
Interest expense (5645) (10286) (535)

Income before provision for taxes on income 170,902 94,845 67,436
Provision for taxes on income 69,448 35,567 26,157

Net income $101,454 $59,278 $41,279

Net income per share $ 1.28 $ 0.80 $ 0.57

Weighted average common and common equivalent shares used in computing per share amounts 78,955
74,109
72,237

See accompanying notes.


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