<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1 <CASH> 42,606 <SECURITIES> 0 <RECEIVABLES> 56,832 <ALLOWANCES> 0 <INVENTORY> 100,527 <CURRENT-ASSETS> 248,598 <PP&E> 195,934 <DEPRECIATION> 73,959 <TOTAL-ASSETS> 2,116,232 <CURRENT-LIABILITIES> 273,042 <BONDS> 271,430 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 360 <OTHER-SE> 1,158,389 <TOTAL-LIABILITY-AND-EQUITY> 2,116,232 <SALES> 75,172 <TOTAL-REVENUES> 75,172 <CGS> 20,974 <TOTAL-COSTS> 20,974 <OTHER-EXPENSES> 50,586 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 11,841 <INCOME-PRETAX> (4,947) <INCOME-TAX> 1,872 <INCOME-CONTINUING> (6,539) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,539) <EPS-PRIMARY> (.61) <EPS-DILUTED> (.61)