* Adjusted earnings before cumulative effect of accounting change reflects the elimination of goodwill-related amortization and associated income taxes from amounts reported in the financial statements. ** In 2000, adjusted earnings includes a gain from the sale of business, net of tax, of $17,082 or $1.52 per basic share and $1.51 per diluted share. Without this item, adjusted earnings would have been $32,554 or $2.89 per basic share and $2.88 per diluted share. Financial Highlights Net Sales Adjusted Earnings before Cumulative Effect of Accounting Change* Adjusted Earnings before Cumulative Effect of Accounting Change and Cash Dividends Per Share* Fiscal year ended September 30, 2002 2001 2000 (In thousands except per share amounts and other year-end data) Operating Results Net sales $679,991 $678,791 $597,385 Adjusted earnings before cumulative effect of accounting change* 45,170 55,943 49,636 ** Basic per share amount* 3.99 4.94 4.41 ** Diluted per share amount* 3.90 4.84 4.39 ** Cash dividends per share .93 .93 .93 Year-end Financial Position Working capital 152,312 123,744 100,836 Total assets 582,395 584,628 533,723 Long-term debt, less current portion 78,192 77,000 74,500 Shareholders’ equity 354,901 318,862 275,624 Other Year-end Data Shareholders’ equity per diluted share 30.66 27.58 24.35 Worker members 3,337 3,709 3,302 Registered shareholder members 1,592 1,652 1,742 16 1 0 70 140 210 280 350 420 490 560 630 700 98 99 00 01 02 Dollars in Millions 0 6 12 18 24 30 36 42 48 54 60 98 99 00 01 02 Dollars in Millions 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 98 99 00 01 02 ■ Adjusted earnings before cumulative effect of accounting change per diluted share ■ Cash dividends per share In Dollars