<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 38,459 <SECURITIES> 18,469 <RECEIVABLES> 8,407 <ALLOWANCES> 196 <INVENTORY> 10,487 <CURRENT-ASSETS> 9,280 <PP&E> 228,724 <DEPRECIATION> 86,595 <TOTAL-ASSETS> 232,680 <CURRENT-LIABILITIES> 44,236 <BONDS> 48,907 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68,662 <OTHER-SE> 55,091 <TOTAL-LIABILITY-AND-EQUITY> 232,680 <SALES> 64,595 <TOTAL-REVENUES> 64,595 <CGS> 0 <TOTAL-COSTS> 66,331 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 311 <INCOME-PRETAX> (1,335) <INCOME-TAX> 514 <INCOME-CONTINUING> (821) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (821) <EPS-PRIMARY> (.08) <EPS-DILUTED> (.08)