<ARTICLE> 5 <PERIOD-TYPE> QTR-1 <FISCAL-YEAR-END> MAY-31-1995 <PERIOD-END> AUG-31-1995 <CASH> 8,798,000 <SECURITIES> 48,260,000 <RECEIVABLES> 60,000,000 <ALLOWANCES> (1,967,000) <INVENTORY> 109,885,000 <CURRENT-ASSETS> 225,710,000 <PP&E> 297,276,000 <DEPRECIATION> 99,464,000 <TOTAL-ASSETS> 508,865,000 <CURRENT-LIABILITIES> 88,900,000 <BONDS> 0 <COMMON> 41,213,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 277,820,000 <TOTAL-LIABILITY-AND-EQUITY> 508,865,000 <SALES> 14,743,000 <TOTAL-REVENUES> 142,037,000 <CGS> 12,366,000 <TOTAL-COSTS> 84,556,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,521,000 <INCOME-PRETAX> 22,193,000 <INCOME-TAX> 8,433,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,760,000 <EPS-PRIMARY> 0.29 <EPS-DILUTED> 0