CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

Three years ended March 31, 1998

Common Stock Outstanding

Additional Paid-In Capital Retained Earnings Unrealized Gain/(Loss) Available-
For-Sale Securities
Treasury Stock Cumulative Translation Adjustment Total
Stock-
holders' Equity
(In thousands) Shares Amount

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
Issuance 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

MARCH 31, 1996 71,933 719 99,588 267,505 432 -- -- 368,244
Issuance of common shares
   under employee stock
   plans
2,287 14 28,310 -- -- -- -- 28,324
Acquisition of treasury stock (878) -- -- -- -- (32,028) -- (32,028)
Issuance 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

MARCH 31, 1997 73,342 733 114,447 377,881 83 (1,847) (617) 490,680
Issuance of common shares
   under employee stock
   plans
1,901 (4) 27,193 -- -- -- -- 27,189
Acquisition of treasury stock (2,330) -- -- -- -- (93,795) -- (93,795)
Issuance of treasury stock
   under employee stock
   plans
-- -- (38,669) -- -- 38,669 -- --
Tax benefit from exercise of
   stock options
-- -- 16,099 -- -- -- -- 16,099
Unrealized gain on available-
   for-sale securities, net of
   tax
-- -- -- -- 19 -- -- 19
Cumulative translation
   adjustment
-- -- -- -- -- -- (16,604) (16,604)
Net income -- -- -- 126,587 -- -- -- 126,587

MARCH 31, 1998 72,913 $729 $119,070 $504,468 $ 102 $(56,973) $(17,221) $550,175

See accompanying notes.

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