
<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               AUG-31-1996
<CASH>                                      11,576,000
<SECURITIES>                                81,797,000
<RECEIVABLES>                               81,960,000
<ALLOWANCES>                                 2,345,000
<INVENTORY>                                139,576,000
<CURRENT-ASSETS>                           314,074,000
<PP&E>                                     379,582,000
<DEPRECIATION>                             120,544,000
<TOTAL-ASSETS>                             690,269,000
<CURRENT-LIABILITIES>                      102,306,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    43,927,000
<OTHER-SE>                                 406,732,000
<TOTAL-LIABILITY-AND-EQUITY>               690,269,000
<SALES>                                     18,287,000
<TOTAL-REVENUES>                           192,786,000
<CGS>                                       16,083,000
<TOTAL-COSTS>                              114,547,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           1,989,000
<INCOME-PRETAX>                             31,883,000
<INCOME-TAX>                                12,186,000
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                19,697,000
<EPS-PRIMARY>                                      .42
<EPS-DILUTED>                                        0
        

</TABLE>
