<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-1998 <PERIOD-END> AUG-31-1997 <CASH> 12,385,000 <SECURITIES> 92,234,000 <RECEIVABLES> 105,055,000 <ALLOWANCES> 4,159,000 <INVENTORY> 160,753,000 <CURRENT-ASSETS> 368,215,000 <PP&E> 440,402,000 <DEPRECIATION> 142,626,000 <TOTAL-ASSETS> 784,557,000 <CURRENT-LIABILITIES> 115,734,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 45,269,000 <OTHER-SE> 490,818,000 <TOTAL-LIABILITY-AND-EQUITY> 784,557,000 <SALES> 32,502,000 <TOTAL-REVENUES> 235,501,000 <CGS> 25,890,000 <TOTAL-COSTS> 138,561,000 <OTHER-EXPENSES> 57,525,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,820,000 <INCOME-PRETAX> 38,703,000 <INCOME-TAX> 14,645,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 24,058,000 <EPS-PRIMARY> .50 <EPS-DILUTED> 0