<ARTICLE> 5 <LEGEND> This Schedule Conatins Summary Financial Information Extracted from Itel's Consolidated Financial Statements and is Qualified in its Entirety by Reference to Such Financial Statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-3-1997 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-29-1996 <CASH> 15,600 <SECURITIES> 0 <RECEIVABLES> 401,700 <ALLOWANCES> 9,000 <INVENTORY> 417,000 <CURRENT-ASSETS> 846,400 <PP&E> 108,400 <DEPRECIATION> 52,200 <TOTAL-ASSETS> 1,236,600 <CURRENT-LIABILITIES> 311,900 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 50,800 <OTHER-SE> 397,800 <TOTAL-LIABILITY-AND-EQUITY> 1,236,600 <SALES> 567,400 <TOTAL-REVENUES> 567,400 <CGS> 421,600 <TOTAL-COSTS> 544,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,500 <INCOME-PRETAX> 18,700 <INCOME-TAX> 8,400 <INCOME-CONTINUING> 10,300 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,300 <EPS-PRIMARY> .20 <EPS-DILUTED> .20