<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 4,970 <SECURITIES> 0 <RECEIVABLES> 92,036 <ALLOWANCES> 0 <INVENTORY> 28,310 <CURRENT-ASSETS> 42,736 <PP&E> 26,537 <DEPRECIATION> 4,908 <TOTAL-ASSETS> 156,401 <CURRENT-LIABILITIES> 9,728 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 113 <OTHER-SE> 83,652 <TOTAL-LIABILITY-AND-EQUITY> 156,401 <SALES> 68,682 <TOTAL-REVENUES> 85,058 <CGS> 6,600 <TOTAL-COSTS> 50,886 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 10,524 <INTEREST-EXPENSE> 4,664 <INCOME-PRETAX> 18,984 <INCOME-TAX> 7,024 <INCOME-CONTINUING> 11,960 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,960 <EPS-PRIMARY> 1.22 <EPS-DILUTED> 1.22