<ARTICLE> 5 <LEGEND> THESE SCHEDULES CONTAIN SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEET AT MARCH 31, 1997 AND 1996, THE CONSOLIDATED STATEMENT OF OPERATIONS AND THE CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-END> MAR-31-1997 MAR-31-1996 <CASH> 9,924 9,746 <SECURITIES> 0 0 <RECEIVABLES> 408,640<F1> 423,716<F1> <ALLOWANCES> 91,629 116,106 <INVENTORY> 0 0 <CURRENT-ASSETS> 200,200 198,609 <PP&E> 633,294 638,839 <DEPRECIATION> 312,628 294,390 <TOTAL-ASSETS> 904,947 931,711 <CURRENT-LIABILITIES> 390,365 402,715 <BONDS> 387,740 363,817 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 125 125 <OTHER-SE> 18,354 19,694 <TOTAL-LIABILITY-AND-EQUITY> 904,947 931,711 <SALES> 0 0 <TOTAL-REVENUES> 168,533 163,892 <CGS> 0 0 <TOTAL-COSTS> 108,308<F2> 108,317<F2> <OTHER-EXPENSES> 9,403<F3> 11,589<F3> <LOSS-PROVISION> 25,537 24,478 <INTEREST-EXPENSE> 11,879 11,849 <INCOME-PRETAX> (5,580) (11,806) <INCOME-TAX> 100 150 <INCOME-CONTINUING> (5,680) (11,956) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (5,680) (11,956) <EPS-PRIMARY> (.46) (.98) <EPS-DILUTED> 0 0 <FN> <F1>THIS AMOUNT IS INCLUDED IN THE SHORT-TERM AND LONG-TERM INSTALLMENT CONTRACTS RECEIVABLE LINES OF THE CONDENSED CONSOLIDATED BALANCE SHEET AT MARCH 31, 1997 AND 1996 AND IS NET OF UNEARNED FINANCE CHARGES. <F2>THIS AMOUNT IS INCLUDED IN THE FITNESS CENTER OPERATIONS LINE, THE ADVERTISING LINE AND THE CHANGE IN DEFERRED MEMBERSHIP ORIGINATION COSTS LINE OF THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996. <F3>THIS AMOUNT IS INCLUDED IN THE MEMBER PROCESSING AND COLLECTION CENTERS LINE OF THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996. </FN>