<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTH
PERIOD ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                          113935
<SECURITIES>                                     38596
<RECEIVABLES>                                    37893
<ALLOWANCES>                                     22697
<INVENTORY>                                      11184
<CURRENT-ASSETS>                                207060
<PP&E>                                           22697
<DEPRECIATION>                                   11175
<TOTAL-ASSETS>                                  228466
<CURRENT-LIABILITIES>                            29448
<BONDS>                                          86250
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         96095
<OTHER-SE>                                       14044
<TOTAL-LIABILITY-AND-EQUITY>                    228466
<SALES>                                          67900
<TOTAL-REVENUES>                                 68100
<CGS>                                            31979
<TOTAL-COSTS>                                    31979
<OTHER-EXPENSES>                                 14650
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  21942
<INCOME-TAX>                                      7680
<INCOME-CONTINUING>                              13581
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     13581
<EPS-PRIMARY>                                     0.38
<EPS-DILUTED>                                        0