Consolidated Statements


Consolidated Statements of Income


Years ended March 31,

In thousands except per share amounts 1997 1996 1995
Net revenues $568,143 $560,802 $355,130
Costs and expenses:
Cost of revenues 214,337 203,192 138,492
Write-off of discontinued product family 5,000 -- --
Research and development 71,075 64,600 45,318
Marketing, general and administrative 118,670 107,888 76,772
Non-recurring charges -- 19,366 2,500
Total costs and expenses 409,082 395,046 263,082
Operating income 159,061 165,756 92,048
Interest income and other 21,258 10,791 13,083
Interest expense (14,561) (5,645) (10,286)
Income before provision for taxes on income 165,758 170,902 94,845
Provision for taxes on income 55,382 69,448 35,567
Net income $110,376 $101,454 $ 59,278
Net income per share $ 1.39 $ 1.28 $ 0.80
Weighted average common and common equivalent
shares used in computing per share amounts 79,675 78,955 74,109
See accompanying notes.

| Statements of Income | Balance Sheets |
| Statement of Cash Flows | Statement of Stockholders' Equity |

| Annual Report 1997 |
| Letter to Shareholders | Financial Highlights | MD&A | Consolidated Statements |
| Notes to Consolidated Statements | Selected Consolidated Information |