<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF COMPUTER NETWORK TECHNOLOGY CORPORATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 4,847 <SECURITIES> 30,218 <RECEIVABLES> 19,088 <ALLOWANCES> 899 <INVENTORY> 9,909 <CURRENT-ASSETS> 66,410 <PP&E> 26,076 <DEPRECIATION> 16,421 <TOTAL-ASSETS> 82,379 <CURRENT-LIABILITIES> 18,218 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 234 <OTHER-SE> 63,927 <TOTAL-LIABILITY-AND-EQUITY> 82,379 <SALES> 74,170 <TOTAL-REVENUES> 97,109 <CGS> 25,843 <TOTAL-COSTS> 43,112 <OTHER-EXPENSES> 13,996<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 46 <INCOME-PRETAX> 2,024 <INCOME-TAX> 664 <INCOME-CONTINUING> 1,360 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,360 <EPS-PRIMARY> .06<F2> <EPS-DILUTED> .06 <FN> <F1>Amount presented represents engineering and development expense <F2>Amount presented represents Basic Net Income (loss) per share </FN>