· Financial Highlights · Consolidated Balance Sheets · Consolidated Statements of Earnings · Consolidated Statements of Shareholders' Equity · Consolidated Statements of Cash Flows · Notes to Consolidated Financial Statements · Independent Auditors' Report · Management's Discussion and Analysis of Financial Condition and Results of Operations
		Consolidated Balance Sheets In thousands, except share data December 31,
					1995		1994
		Current Assets:
		Cash and cash equivalents		$	36,142		21,427
		Short-term investments			457		2,810
		Accounts receivable, less allowance for doubtful accounts of $3,807 in 1995 and $3,310 in 1994			123,793		100,533
		Deferred Federal and state income taxes			4,113		2,781
		Other			3,862		2,566
			Total current assets		168,367		130,117
		Property and Equipment:
		Buildings and leasehold improvements			13,493		12,376
		Furniture, fixtures, and equipment			27,210		20,473
		Vehicles			3,644		3,205
					44,347		36,054
		Less accumulated depreciation and amortization			20,799		15,100
					23,548		20,954
		Land			4,694		4,741
		Net property and equipment			28,242		25,695
		Other assets, net			7,519		6,976
				$	204,128		162,788
		Current Liabilities:
		Short-term borrowings		$	285		234
		Accounts payable			72,238		48,994
		Accrued expenses, primarily salaries and related costs			11,129		8,542
		Federal, state, and foreign income taxes			3,284		3,883
			Total current liabilities		86,936		61,653
		Deferred Federal income taxes			-		25
		Shareholders' Equity:
		Preferred stock, par value $.01 per share Authorized 2,000,000 shares; none issued			-		-
		Common stock, par value $.01 per share Authorized 40,000,000 shares, issued and outstanding 12,010,663 shares at December 31, 1995 and 11,934,843 shares at December 31, 1994			120		119
		Additional paid-in capital			13,129		12,651
		Retained earnings			100,928		84,971
		Equity adjustments from foreign currency translation			3,015		3,369
			Total shareholders' equity		117,192		101,110
		Commitments and contingencies		$	204,128		162,788
		See accompanying notes to consolidated financial statements.

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