<ARTICLE> 5
<LEGEND>
THIS SCHEDULE IS A RESTATEMENT OF A PREVIOUSLY FILED SCHEDULE TO DISCLOSE 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 MARCH 1997 AND THE
CONSOLIDATED STATEMENT OF EARNINGS FOR THE NINE MONTHS END MARCH 31, 1997 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1997
<PERIOD-END>                               MAR-31-1997
<EXCHANGE-RATE>                                      1
<CASH>                                          15,387
<SECURITIES>                                         0
<RECEIVABLES>                                   26,052
<ALLOWANCES>                                         0
<INVENTORY>                                    948,151
<CURRENT-ASSETS>                                     0
<PP&E>                                          21,703
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               1,081,705
<CURRENT-LIABILITIES>                                0
<BONDS>                                        573,951
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            18
<OTHER-SE>                                     287,299
<TOTAL-LIABILITY-AND-EQUITY>                 1,081,705
<SALES>                                              0
<TOTAL-REVENUES>                               838,294
<CGS>                                                0
<TOTAL-COSTS>                                  679,892
<OTHER-EXPENSES>                               117,204
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 41,198
<INCOME-TAX>                                    14,831
<INCOME-CONTINUING>                             26,367
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (1,285)
<CHANGES>                                            0
<NET-INCOME>                                    25,082
<EPS-PRIMARY>                                     1.43
<EPS-DILUTED>                                     1.40