Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 vvvOutstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31 Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31
1996 1997 1998 vvvvvv1996 1997 1998 1996 1997 1998
August 31 - ------------------------------------------------------------------------------------------------------------------ (Dollars in thousands, except per share data) 1996 1997 1998 - ------------------------------------------------------------------------------------------------------------------ Net income, as reported $ 15,237 $ 6,850 $ 1,783 Proforma net income (loss) $ 14,857 $ 4,792 $ (1,303) Basic earnings per share, as reported $ 0.41 $ 0.18 $ 0.05 Proforma earnings per (loss) share $ 0.40 $ 0.13 $ (0.03)
Relevance 1996 1997 1998 Keep Appearance Irrelevance Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ vStock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ vvvvStock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $

          +++ ::::::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::         +++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  mm" scrollamount="2" scrolldelay="10" width="430" behavior="scroll"> :::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++/bla bla bla bla
        +++ ::::::
:::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  
         

28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ---------- Outstanding at August 31, 1998 3,320,467 $ 4.67 - $ 49.31

 
        +++ ::::::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::         +++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  mm" scrollamount="2" scrolldelay="10" width="430" behavior="scroll"> :::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++/bla bla bla bla
        +++ ::::::
:::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  
         

 
        +++ Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ :        

 
        +++ ::::::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::         +++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  mm" scrollamount="2" scrolldelay="10" width="430" behavior="scroll"> :::::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++/bla bla bla bla
        +++ ::::::
:::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++::::+::::+::+:+:+:+:+:::+:+:+:+:+:+:+:+:+::::+++::::::+++  
         

Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ +Stock Options Number of Shares Price Range -------------- -------------------------- Outstanding at August 31, 1995 2,041,600 $ 4.67 - $ 4.96 Granted 759,999 $ 10.69 - $ 15.70 Exercised (487,733) $ 4.67 - $ 4.96 Lapsed or canceled (36,623) $ 4.67 - $ 10.69 ---------- Outstanding at August 31, 1996 2,277,243 $ 4.67 - $ 15.70 Granted 1,412,217 $ 15.61 - $ 28.90 Exercised (160,548) $ +  mm" scrollamount="2" scrolldelay="10" width="430" behavior="scroll"> 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ------4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ------/bla bla bla bla
        +++ 4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ------+:4.67 - $ 15.70 Lapsed or canceled (72,533) $ 4.67 - $ 22.36 ---------- Outstanding at August 31, 1997 3,456,379 $ 4.67 - $ 28.90 Granted 722,994 $ 26.82 - $ 49.31 Exercised (745,749) $ 4.67 - $ 22.85 Lapsed or canceled (113,157) $ 4.67 - $ 28.90 ------  
    " alt=" " width="1" height="20">      
August 31 - ------------------------------------------------------------------------------------------------------------------ (Dollars in thousands, except per share data) 1996 1997 1998 - ------------------------------------------------------------------------------------------------------------------ Net income, as reported $ 15,237 $ 6,850 $ 1,783 Proforma net income (loss) $ 14,857 $ 4,792 $ (1,303) Basic earnings per share, as reported $ 0.41 $ 0.18 $ 0.05 Proforma earnings per (loss) share $ 0.40 $ 0.13 $ (0.03)