<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAY-31-1996 <PERIOD-END> MAY-31-1996 <CASH> 9,066,000 <SECURITIES> 73,477,000 <RECEIVABLES> 80,202,000 <ALLOWANCES> 1,958,000 <INVENTORY> 134,985,000 <CURRENT-ASSETS> 297,502,000 <PP&E> 366,478,000 <DEPRECIATION> 113,881,000 <TOTAL-ASSETS> 668,762,000 <CURRENT-LIABILITIES> 102,594,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 43,657,000 <OTHER-SE> 385,840,000 <TOTAL-LIABILITY-AND-EQUITY> 668,762,000 <SALES> 81,514,000 <TOTAL-REVENUES> 730,130,000 <CGS> 67,424,000 <TOTAL-COSTS> 436,810,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,073,000 <INCOME-PRETAX> 122,230,000 <INCOME-TAX> 47,047,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 75,183,000 <EPS-PRIMARY> 1.60 <EPS-DILUTED> 0