<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> DEC-31-1997 <CASH> 51,903 <SECURITIES> 80,387 <RECEIVABLES> 59,886 <ALLOWANCES> 746 <INVENTORY> 47,502 <CURRENT-ASSETS> 285,736 <PP&E> 60,883 <DEPRECIATION> 12,852 <TOTAL-ASSETS> 384,880 <CURRENT-LIABILITIES> 83,197 <BONDS> 172,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 29 <OTHER-SE> 109,367 <TOTAL-LIABILITY-AND-EQUITY> 384,880 <SALES> 201,191 <TOTAL-REVENUES> 203,647 <CGS> 123,654 <TOTAL-COSTS> 123,654 <OTHER-EXPENSES> 45,549 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,847 <INCOME-PRETAX> 34,556 <INCOME-TAX> 8,639 <INCOME-CONTINUING> 26,058 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 26,058 <EPS-PRIMARY> .92 <EPS-DILUTED> .86