<ARTICLE> 5 <LEGEND> Audited amounts from fiscal year ended December 28, 1996. </LEGEND> <CIK> 0000009342 <NAME> BALDOR ELECTRIC COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-28-1996 DEC-30-1995 <PERIOD-END> DEC-28-1996 DEC-30-1995 <CASH> 7950 6322 <SECURITIES> 17892 28487 <RECEIVABLES> 83383 80568 <ALLOWANCES> 3200 2800 <INVENTORY> 92387 83689 <CURRENT-ASSETS> 218157 212095 <PP&E> 202470 182214 <DEPRECIATION> 107106 93143 <TOTAL-ASSETS> 325486 313462 <CURRENT-LIABILITIES> 71182 67026 <BONDS> 45027 25255 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 2862 2817 <OTHER-SE> 197463 208561 <TOTAL-LIABILITY-AND-EQUITY> 325486 313462 <SALES> 502875 473103 <TOTAL-REVENUES> 505372 475699 <CGS> 353345 334306 <TOTAL-COSTS> 448180 422753 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 695 886 <INTEREST-EXPENSE> 2668 1260 <INCOME-PRETAX> 57192 52946 <INCOME-TAX> 22019 20641 <INCOME-CONTINUING> 35173 32305 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 35173 32305 <EPS-PRIMARY> 1.29 1.12 <EPS-DILUTED> 1.29 1.12