Summary Statement of Earnings

Revenues $ 825 $ 734

Gross profit 317 38.4% 280 38.2%

SG&A 219 26.5% 205 27.9%

Operating earnings 97 11.8% 75 10.2%

Interest expense 3 0.4% 4 0.5%

Earnings before change in

accounting principle $ 56 6.8% $ 43 5.9%

($ in millions, except per share data)

1Q FY 2004 1Q FY 2003

Diluted EPS before change in

accounting principle $ 1.16 $ 0.90

Note:

FY 2003 ($14.8M) after-tax impact of change in accounting principle (writedown of intangible assets) is not included in 2003 Earnings or Diluted EPS.

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