Consolidated Statement of Income

(in thousands except per share amounts)

Years ended March 31,

1996 1995 1994

Net revenues $560,802 $355,130 $256,448

Costs and expenses:

Cost of revenues 203,192 138,492 98,835

Research and development 64,600 45,318 34,334

Marketing, general and administrative 107,888 76,772 58,111

Non-recurring charges 19,366 2,500 ----

Total costs and expenses 395,046 263,082 191,280

Operating income 165,756 92,048 65,168

Interest income and other 10,791 13,083 2,803

Interest expense (5645) (10286) (535)

Income before provision for taxes on income 170,902 94,845 67,436

Provision for taxes on income 69,448 35,567 26,157

Net income $101,454 $59,278 $41,279

Net income per share $ 1.28 $ 0.80 $ 0.57

Weighted average common and common equivalent shares used in computing per share amounts 78,955
74,109
72,237

See accompanying notes.

		Years ended March 31,
	1996	1995	1994

Net revenues	$560,802	$355,130	$256,448
Costs and expenses:
Cost of revenues	203,192	138,492	98,835
Research and development	64,600	45,318	34,334
Marketing, general and administrative	107,888	76,772	58,111
Non-recurring charges	19,366	2,500	----

Total costs and expenses	395,046	263,082	191,280

Operating income	165,756	92,048	65,168
Interest income and other	10,791	13,083	2,803
Interest expense	(5645)	(10286)	(535)

Income before provision for taxes on income	170,902	94,845	67,436
Provision for taxes on income	69,448	35,567	26,157

Net income	$101,454	$59,278	$41,279

Net income per share	$ 1.28	$ 0.80	$ 0.57

Weighted average common and common equivalent shares used in computing per share amounts	78,955	74,109	72,237

See accompanying notes.