<ARTICLE> 5 <CIK> 0000060714 <NAME> LSB INDUSTRIES, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> Year Year <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-END> DEC-31-1997 DEC-31-1996 <CASH> 4,934 1,620 <SECURITIES> 0 0 <RECEIVABLES> 52,191 50,791 <ALLOWANCES> 4,007 3,291 <INVENTORY> 68,200 67,982 <CURRENT-ASSETS> 132,920 127,610 <PP&E> 205,205 178,050 <DEPRECIATION> 86,874 74,907 <TOTAL-ASSETS> 270,653 261,560 <CURRENT-LIABILITIES> 60,944 68,119 <BONDS> 165,067 119,277 <PREFERRED-MANDATORY> 146 146 <PREFERRED> 48,000 48,000 <COMMON> 1,504 1,489 <OTHER-SE> 5,008 24,529 <TOTAL-LIABILITY-AND-EQUITY> 270,653 261,560 <SALES> 313,929 307,160 <TOTAL-REVENUES> 320,189 314,051 <CGS> 257,982 250,388 <TOTAL-COSTS> 323,845 307,729 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 14,740 10,017 <INCOME-PRETAX> (18,396) (3,695) <INCOME-TAX> 50 150 <INCOME-CONTINUING> (18,446) (3,845) <DISCONTINUED> 0 0 <EXTRAORDINARY> (4,619) 0 <CHANGES> 0 0 <NET-INCOME> (23,065) (3,845) <EPS-PRIMARY> (2.04) (.55) <EPS-DILUTED> (2.04) (.55)