<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 7,133,000 <SECURITIES> 0 <RECEIVABLES> 102,667,000 <ALLOWANCES> 0 <INVENTORY> 10,252,000 <CURRENT-ASSETS> 132,655,000 <PP&E> 63,479,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 385,532,000 <CURRENT-LIABILITIES> 33,043,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,000 <OTHER-SE> 240,732,000 <TOTAL-LIABILITY-AND-EQUITY> 385,532,000 <SALES> 0 <TOTAL-REVENUES> 89,030,000 <CGS> 0 <TOTAL-COSTS> 72,989,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,794,000 <INTEREST-EXPENSE> 1,953,000 <INCOME-PRETAX> 13,217,000 <INCOME-TAX> 5,392,000 <INCOME-CONTINUING> 7,825,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,825,000 <EPS-PRIMARY> 0.29 <EPS-DILUTED> 0.29