<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AND INCOME STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-END> JUL-31-1997 <CASH> 31,881 <SECURITIES> 11,190 <RECEIVABLES> 161,275 <ALLOWANCES> 0 <INVENTORY> 227,199 <CURRENT-ASSETS> 489,858 <PP&E> 525,302 <DEPRECIATION> (336,538) <TOTAL-ASSETS> 883,978 <CURRENT-LIABILITIES> 189,467 <BONDS> 411,467 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25,330 <OTHER-SE> 220,950 <TOTAL-LIABILITY-AND-EQUITY> 883,978 <SALES> 0 <TOTAL-REVENUES> 944,357 <CGS> 0 <TOTAL-COSTS> 882,232 <OTHER-EXPENSES> 27,704 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 40,053 <INCOME-PRETAX> (5,632) <INCOME-TAX> (2,264) <INCOME-CONTINUING> (3,368) <DISCONTINUED> 0 <EXTRAORDINARY> (2,654) <CHANGES> 0 <NET-INCOME> (6,022) <EPS-PRIMARY> (0.24) <EPS-DILUTED> (0.24)