percentage for the most recent three-year period has been 32% of 
prior year earnings.
C O M M O N  S H A R E  R E P U R C H A S E S
During 2003, the Company repurchased 762,300 shares of its com -
mon stock at a cost of approximately $21.5 million, or an average 
price of $28.22 per share. During 2002, the Company repurchased 
614,580 shares of its common stock at a cost of approximately $15.7 
million, or an average price of $25.60 per share. During 2001, the 
Company repurchased 1,472,937 shares at a cost of approximately 
$35.1 million, or an average price of $23.80 per share. 
L I T I G A T I O N  A N D  U N C E R T A I N T I E S
The Company has contingent liabilities that have arisen in the course of 
its business, including pending litigation, preferential payments claims 
in customer bankruptcies, environmental remediation, taxes, and other