Dupont Ratio Analysis
For Fiscal Years Ended
Dec 31
($ In Thousands)

PART I: Return on Equity (BT)
Assets /
ROE(BT) = ROA(BT) x Equity
1995 12.1 1.41 8.60
1996 38.5 6.45 5.97
1997 39.8 8.25 4.82
1998 24.7 6.51 3.80
1999 1.2 0.23 5.36
PART II: Return on Assets (BT)
Pretax Sales /
ROA(BT) = Profit Margin x Assets
1995 1.41 0.60 2.44
1996 6.45 2.10 3.02
1997 8.25 2.60 3.16
1998 6.45 2.00 3.31
1999 0.23 0.10 3.23
PART III: Asset Turnover Rates
Current Noncurrent
Asset Turn Asset Turn
1995 2.95 14.18
1996 3.59 18.96
1997 3.66 23.01
1998 3.75 27.88
1999 3.86 19.86