Notes to Consolidated Financial Statements

Note 13:
Fair Value of Financial Instruments

Pursuant to SFAS No. 107, "Disclosure About Fair Value of Financial Instruments," the Company has estimated the fair value of its financial instruments using the following methods and assumptions:

• The carrying amount of accounts receivable, notes and other receivables, accounts payable and accrued liabilities approximate their fair values;
• The fair value of the Senior Subordinated Notes based on quoted market prices was approximately $322,000,000 at
• January 30, 1999.
• The fair value of the Convertible Notes is based on quoted market prices and was approximately $282,750,000 at January 30, 1999;
• The fair value of the Series B Notes is based on quoted market prices and was approximately $1,221,000 at January 30, 1999;
• The carrying amounts of the Company's debt, other than the Convertible Notes and the Series B Notes, approximates fair value since a substantial amount of such debt bears variable rates of interest, estimated by discounted cash flow analyses based on the Company's current incremental borrowing rates for similar types of borrowing arrangements.