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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY EXHIBIT 13(a)(iv)
for the years ended November 30, 1998, 1997 and 1996
(Dollars in thousands except per share data)
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Common Stock
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Issued In Treasury Foreign
--------------------- ------------------- Capital in Currency Unrealized
Number Number Excess of Translation Holding Retained
of Shares Amount of Shares Amount Par Value Adjustments Gain Earnings
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Balance, November 30, 1995....... 23,853,890 $15,903 - $ - $ 1,006 $ (1,803) $ 1,285 $ 121,753
Net earnings..................... - - - - - - - 25,945
Purchase of treasury stock....... - - (32,850) (430) - - - -
Retirement of treasury stock..... (32,850) (22) 32,850 430 (408) - - -
Stock options exercised.......... 93,238 62 - - 336 - - 24
Issuance of stock under
award plans................... 19,398 13 - - 342 - - -
Cash dividends - $.4283 per
common share.................. - - - - - - - (9,512)
Unrealized holding gain on
marketable securities......... - - - - - - 653 -
Realized gain on sale of
marketable securities......... - - - - - 72 (946) -
Translation adjustments.......... - - - - - (22) - -
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Balance, November 30, 1996....... 23,933,676 15,956 - - 1,276 (1,753) 992 138,210
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Net earnings..................... - - - - - - - 26,918
Stock options exercised.......... 293,965 196 - - 1,380 - - 5
Issuance of stock under
award plans................... 15,962 10 - - 201 - - -
Cash dividends - $.4350 per
common share.................. - - - - - - - (10,290)
Realized gain on sale of
marketable securities......... - - - - - 180 (992) -
Translation adjustments.......... - - - - - (1,127) - -
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Balance, November 30, 1997....... 24,243,603 16,162 - - 2,857 (2,700) - 154,843
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Net earnings..................... - - - - - - - 32,079
Purchase of treasury stock....... - - (528,691) (8,447) - - - -
Retirement of treasury stock..... (528,691) (529) 528,691 8,447 (5,553) - - (2,365)
Stock split...................... - 8,145 - - - - - (8,145)
Stock options exercised.......... 212,260 154 - - 2,391 - - -
Issuance of stock under
award plans .................. 22,186 17 - - 461 - - -
Cash dividends - $.4425 per
common share.................. - - - - - - - (10,717)
Translation adjustments.......... - - - - - (293) - -
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Balance, November 30, 1998....... 23,949,358 $23,949 - $ - $ 156 $ (2,993) $ - $ 165,695
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The accompanying notes are an integral part of the consolidated financial
statements.
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