Fiscal Years
(Amounts in thousands, except per share amounts) 2000 1999 1998
Sales $ 689,700 $ 590,440 $ 541,461
Operating costs and expenses
Cost of sales 432,603 380,435 346,298
Research and development 42,083 39,895 39,255
Selling, general and administrative 125,107 116,131 117,528
Reorganization 227 29,668 -
Acquisition-related expenses 1,977 - -
Total operating costs and expenses 601,977 566,129 503,081
Operating earnings 87,703 24,311 38,380
Interest expense (5,161) (9,980) (8,835)
Interest income 2,333 3,908 6,418
Earnings from continuing operations before taxes 84,875 18,239 35,963
Taxes on earnings 31,826 10,021 9,819
Earnings from continuing operations 53,049 8,218 26,144
Earnings (loss) from discontinued operations -
net of taxes - (32,456) 47,696
Net earnings (loss) $ 53,049 $ (24,238) $ 73,840
Average shares outstanding-basic 31,104 30,219 29,910
Average shares outstanding-diluted 32,432 30,527 30,419
Net earnings (loss) per share-basic
Continuing operations $ 1.71 $ 0.27 $ 0.87
Discontinued operations - (1.07) 1.60
Net earnings (loss) per share-basic $ 1.71 $ (0.80) $ 2.47
Net earnings (loss) per share-diluted
Continuing operations $ 1.64 $ 0.27 $ 0.86
Discontinued operations - (1.06) 1.57
Net earnings (loss) per share-diluted $ 1.64 $ (0.79) $ 2.43
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