K2 Financial Table

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                         SUMMARY OF OPERATIONS
              (in thousands except for per share figures)

                           FOURTH QUARTER            YEAR ENDED
                          ended December 31       ended December 31
                             (unaudited)
                           1998        1997        1998(a)     1997

Net Sales               $ 132,794   $ 141,521   $ 574,510   $ 559,030
Cost of products
 sold (b)                  95,779     101,940     418,950     391,860
   Gross profit            37,015      39,581     155,560     167,170

Selling, general
 and administrative
 expenses (c)              32,086      32,735     138,810     130,114
   Operating income         4,929       6,846      16,750      37,056

Interest expense            3,016       2,788      12,163      10,560
Other income, net             (28)       (513)       (236)       (619)
   Income before
    provision for
    income taxes            1,941       4,571       4,823      27,115

Provision for
 income taxes                 312       1,036         955       7,815

   Income from
    continuing
    operations              1,629       3,535       3,868      19,300

Discontinued
 operations,
 net of taxes                 348         749         975       2,600

   Net Income           $   1,977   $   4,284   $   4,843   $  21,900

 Income from continuing
  operations before
  1998 charge for
  reserves ($9,425 net
  of taxes) and 1997
  restructuring costs
  ($1,560 net of taxes) $   1,629   $   3,535   $  13,293   $  20,860

Basic earnings
 per share:
 Continuing operations
  before 1998 charge for
  reserves ($.57 per
  share) and 1997
  restructuring costs
  ($.09 per share)      $    0.10   $    0.21   $    0.80   $    1.26

 Continuing operations  $    0.10   $    0.21   $    0.23   $    1.17
 Discontinued operations     0.02        0.05        0.06        0.15
 Net income             $    0.12   $    0.26   $    0.29   $    1.32

Diluted earnings
 per share:
 Continuing operations
  before 1998 charge for
  reserves ($.57 per
  share) and 1997
  restructuring costs
  ($.09 per share)      $    0.10   $    0.21   $    0.80   $    1.24

 Continuing operations  $    0.10   $    0.21   $    0.23   $    1.15
 Discontinued operations     0.02        0.05        0.06        0.16
 Net income             $    0.12   $    0.26   $    0.29   $    1.31

Basic shares outstanding   16,553      16,542      16,554      16,541

Diluted shares
 outstanding               16,649      16,718      16,637      16,713

Cash dividend           $    0.11   $    0.11   $    0.44   $    0.44

(a) Gross profit and operating income are $166,060 and $31,250, respectively, before charges for reserves totaling $14,500 ($9,425 net of taxes).

(b) The year ended 1998 includes a third-quarter charge for reserves of $10,500.

(c) The year ended 1998 includes a third-quarter charge for reserves of $4,000 and the year ended 1997 includes restructuring costs of $2,400.

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