Consolidated Statements

Consolidated Statement of Stockholders' Equity

Three years ended March 31, 1997

 

 

  Additional Paid-in Capital

Retained
Earnings
 

  Unrealized
Gain/(Loss)
On Available-
For-Sale
Securities
Treasury
Stock
Cumulative
Translation
Adjustment
In thousands Total
Stockholders'
Equity
Common Stock Outstanding
Shares Amount
Balance at March 31, 1994 71,658 $717 $ 82,806 $106,773 $ -- $(17,418) $ -- $172,878
Reissuance of Treasury Stock
under employee
stock plans -- -- (507) -- -- 9,195 -- 8,688
Tax benefit from exercise
of stock options -- -- 3,456 -- -- -- -- 3,456
Unrealized loss on
available-for-sale
securities, net of tax -- -- -- -- (329) -- -- (329)
Net income -- -- -- 59,278 -- -- -- 59,278
Balance at March 31, 1995 71,658 717 85,755 166,051 (329) (8,223) -- 243,971
Issuance of common shares
under employee
stock plans 275 2 2,070 -- -- -- -- 2,072
Reissuance of Treasury Stock
under employee
stock plans -- -- 3,856 -- -- 8,223 -- 12,079
Tax benefit from exercise
of stock options -- -- 7,907 -- -- -- -- 7,907
Unrealized gain on
available-for-sale
securities, net of tax -- -- -- -- 761 -- -- 761
Net income -- -- -- 101,454 -- -- -- 101,454
Balance at March 31, 1996 71,933 719 99,588 267,505 432 -- -- 368,244
Issuance of common shares
under employee
stock plans 1,409 14 28,310 -- -- -- -- 28,324
Acquisition of Treasury Stock -- -- -- -- -- (32,028) -- (32,028)
Reissuance of Treasury Stock
under employee
stock plans -- -- (30,181) -- -- 30,181 -- --
Tax benefit from exercise of
stock options -- -- 16,730 -- -- -- -- 16,730
Unrealized loss on
available-for-sale
securities, net of tax -- -- -- -- (349) -- -- (349)
Cumulative translation
adjustment -- -- -- -- -- -- (617) (617)
Net income -- -- -- 110,376 -- -- -- 110,376
Balance at March 31, 1997 73,342 $733 $114,447 $377,881 $ 83 $ (1,847) $(617) $490,680
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 |