<ARTICLE> 5 <CIK> 0000719612 <NAME> THE LEARNING COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-02-1999 <PERIOD-START> JAN-04-1998 <PERIOD-END> JAN-02-1999 <CASH> 256,759 <SECURITIES> 0 <RECEIVABLES> 167,001 <ALLOWANCES> 83,873 <INVENTORY> 59,912 <CURRENT-ASSETS> 540,186 <PP&E> 54,840 <DEPRECIATION> 46,296 <TOTAL-ASSETS> 820,801 <CURRENT-LIABILITIES> 242,018 <BONDS> 191,244 <PREFERRED-MANDATORY> 8 <PREFERRED> 0 <COMMON> 873 <OTHER-SE> 285,308 <TOTAL-LIABILITY-AND-EQUITY> 820,801 <SALES> 839,315 <TOTAL-REVENUES> 839,315 <CGS> 268,798 <TOTAL-COSTS> 645,567 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,635 <INCOME-PRETAX> (73,845) <INCOME-TAX> 31,507 <INCOME-CONTINUING> (105,352) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (105,352) <EPS-PRIMARY> (1.28) <EPS-DILUTED> (1.28)