<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DYCOM INDUSTRIES, INC. CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS FOR ALL PERIOD PRESENTED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDSATED FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR YEAR YEAR <FISCAL-YEAR-END> JUL-31-1996 JUL-31-1997 JUL-31-1998 <PERIOD-START> JUL-31-1996 JUL-31-1997 JUL-31-1998 <PERIOD-END> JUL-31-1996 JUL-31-1997 JUL-31-1998 <EXCHANGE-RATE> 1 1 1 <CASH> 3,060,069 5,276,112 35,927,307 <SECURITIES> 0 0 0 <RECEIVABLES> 28,966,300 49,241,590 63,022,011 <ALLOWANCES> 620,543 1,029,093 2,210,978 <INVENTORY> 7,994,777 11,398,621 14,382,620 <CURRENT-ASSETS> 43,279,586 70,336,712 118,193,282 <PP&E> 74,966,083 83,287,399 97,794,772 <DEPRECIATION> 41,886,763 46,951,187 54,929,575 <TOTAL-ASSETS> 82,482,876 112,511,881 166,318,091 <CURRENT-LIABILITIES> 30,919,723 49,434,042 36,982,109 <BONDS> 24,507,093 31,307,802 18,135,772 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 4,151,578 4,222,625 4,907,577 <OTHER-SE> 23,633,256 38,204,167 93,471,371 <TOTAL-LIABILITY-AND-EQUITY> 82,482,876 112,511,881 166,318,091 <SALES> 0 0 0 <TOTAL-REVENUES> 245,937,063 311,238,108 368,713,563 <CGS> 0 0 0 <TOTAL-COSTS> 198,437,641 246,025,594 285,038,220 <OTHER-EXPENSES> 10,433,989 11,814,577 13,496,694 <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 2,515,814 2,619,191 2,045,571 <INCOME-PRETAX> 14,054,813 23,770,489 36,081,264 <INCOME-TAX> 4,132,486 7,956,851 13,045,644 <INCOME-CONTINUING> 9,922,327 15,813,638 23,035,620 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 9,922,327 15,813,638 23,035,620 <EPS-PRIMARY> 0.80 1.26 1.63 <EPS-DILUTED> 0.78 1.24 1.61