<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S MARCH 31, 1996 AUDITED CONSOLIDATED FINANCIAL STATEMENTS, INCLUDED IN
ITS FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BE REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-START>                             APR-01-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                          62,128
<SECURITIES>                                   289,904
<RECEIVABLES>                                   85,378
<ALLOWANCES>                                     1,933
<INVENTORY>                                          0
<CURRENT-ASSETS>                               227,972
<PP&E>                                         144,730
<DEPRECIATION>                                  36,818
<TOTAL-ASSETS>                                 608,218
<CURRENT-LIABILITIES>                          184,197
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           525
<OTHER-SE>                                     383,183
<TOTAL-LIABILITY-AND-EQUITY>                   608,218
<SALES>                                        269,022
<TOTAL-REVENUES>                               428,850
<CGS>                                           44,854
<TOTAL-COSTS>                                  281,261
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                163,035
<INCOME-TAX>                                    57,464
<INCOME-CONTINUING>                            105,571
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   105,571
<EPS-PRIMARY>                                     2.02
<EPS-DILUTED>                                     2.02