<ARTICLE>                     5
<LEGEND>
                              THIS  SCHEDULE IS A  RESTATEMENT  OF A  PREVIOUSLY
                              FILED  SCHEDULE  TO  DISCLOSE  BASIC  AND  DILUTED
                              EARNINGS PER SHARE AS NOW REQUIRED BY STATEMENT OF
                              FINANCIAL   ACCOUNTING  STANDARDS  NO.  128.  THIS
                              SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION
                              EXTRACTED FROM THE  CONSOLIDATED  BALANCE SHEET AS
                              OF  DECEMBER   31,   1996  AND  THE   CONSOLIDATED
                              STATEMENT  OF  EARNINGS  FOR THE SIX MONTHS  ENDED
                              DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY
                              BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                  1000
<CURRENCY>                    U.S. DOLLARS
       
                           
<PERIOD-TYPE>                 6-MOS
<FISCAL-YEAR-END>                           JUN-30-1997
<PERIOD-START>                              JUL-01-1996
<PERIOD-END>                                DEC-31-1996
<EXCHANGE-RATE>                                       1
<CASH>                                            1,876
<SECURITIES>                                          0
<RECEIVABLES>                                    25,174
<ALLOWANCES>                                          0
<INVENTORY>                                     930,250
<CURRENT-ASSETS>                                      0
<PP&E>                                           22,109
<DEPRECIATION>                                        0
<TOTAL-ASSETS>                                1,044,609
<CURRENT-LIABILITIES>                                 0
<BONDS>                                         536,036
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                             18
<OTHER-SE>                                      280,249
<TOTAL-LIABILITY-AND-EQUITY>                  1,044,609
<SALES>                                               0
<TOTAL-REVENUES>                                557,977
<CGS>                                                 0
<TOTAL-COSTS>                                   454,121
<OTHER-EXPENSES>                                 77,620
<LOSS-PROVISION>                                      0
<INTEREST-EXPENSE>                                    0
<INCOME-PRETAX>                                  26,236
<INCOME-TAX>                                      9,445
<INCOME-CONTINUING>                              16,791
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                     16,791
<EPS-PRIMARY>                                      0.96
<EPS-DILUTED>                                      0.94