FORM 10-Q
                        SECURITIES AND EXCHANGE COMMISSION
                               Washington, DC 20549

           [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                 For the quarterly period ended December 24, 1995

           [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

               For the transition period from           to

                    Commission File Number             1-10542

                                   UNIFI, INC.
               (Exact name of registrant as specified its charter)

  New York                                                 11-2165495
  (State or other jurisdiction of                       (I.R.S. Employer
   incorporation or organization)                        Identification No.)

  P.O. Box 19109 - 7201 West Friendly Road
  Greensboro, NC                                                 27419
  (Address of principal executive offices)                     (Zip Code)

                                  (910) 294-4410
               (Registrant's telephone number, including area code)
                                       Same
               (Former name, former address and former fiscal year,
                          if changed since last report)
  Indicate by  check mark  whether the  registrant  (1) has  filed all  reports
  required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
  1934 during the  preceding 12  months (or  for such  shorter period  that the
  registrant was required to  file such reports), and  (2) has been  subject to
  such filing requirements for the past 90 days.  Yes  X    No

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

  Indicate the number of shares outstanding of each of the issuer's class of
  common stock, as of the latest practicable date.

              Class                          Outstanding at January 28, 1996
  Common Stock, par value $.10 per share              65,085,684 Shares

<PAGE>



Part I. Financial Information


                                   UNIFI, INC.

                      Condensed Consolidated Balance Sheets

                                             December 24,   June 25,
                                                 1995         1995
                                             (Unaudited)    (Audited)
                                               (Amounts in Thousands)
  ASSETS
  Current Assets:
    Cash and Cash Equivalents                    $16,672      $60,350
    Short-Term Investments                        63,891       85,844
    Receivables                                  197,370      209,432
    Inventories:
      Raw Materials and Supplies                  53,302       58,959
      Work in Process                             13,044       14,296
      Finished Goods                              75,316       66,123
    Other Current Assets                           2,562        8,017
      Total Current Assets                       422,157      503,021
  Property, Plant and Equipment
   (Notes e and f)                               980,673      910,383
    Less:  Accumulated Depreciation              432,797      394,168
                                                 547,876      516,215
  Investment in Affiliates                            11          173
  Other Assets                                    41,096       21,493
      Total Assets                            $1,011,140   $1,040,902

  LIABILITIES AND SHAREHOLDERS' EQUITY
  Current Liabilities:
    Accounts Payable                             $98,208     $100,165
    Accrued Expenses                              61,792       54,338
    Income Taxes                                  11,559       15,161
      Total Current Liabilities                  171,559      169,664
  Long-Term Debt                                 230,000      230,000
  Deferred Income Taxes                           31,354       37,736
  Shareholders' Equity:
    Common Stock                                   6,560        6,714
    Capital in Excess of Par Value                80,272      117,277
    Retained Earnings                            487,550      473,962
    Cumulative Translation Adjustment              2,223        4,415
    Unrealized Gains on Certain Investments        1,622        1,134
      Total Shareholders' Equity                 578,227      603,502
      Total Liabilities                       $1,011,140   $1,040,902
       and Shareholders' Equity

  See Accompanying Notes to Condensed Consolidated Financial Statements.

<PAGE>


                                   UNIFI, INC.

                   Condensed Consolidated Statements of Income

                                 (Unaudited)

                                For the Quarters      For the Six Months
                                     Ended                  Ended
                               Dec. 24,   Dec. 25,    Dec. 24,   Dec. 25,
                                 1995       1994        1995       1994
                              (Amounts in Thousands Except Per Share Data)

  Net Sales                     $401,437   $387,297    $788,806   $746,491

  Costs and Expenses:
     Cost of Goods Sold         $352,182   $332,182    $694,622   $643,042
     Selling, General &
       Administrative Expense     11,433     10,287      21,505     19,961
  
     Interest Expense              3,760      3,935       7,437      7,873
     Interest Income              (1,981)    (2,401)     (4,618)    (5,053)
     Other (Income) Expense       (1,308)    (2,259)     (1,738)    (2,838)
     Non-Recurring Charge             --         --      23,826         --
     (Note e)
                                $364,086   $341,744    $741,034   $662,985

  Income Before Income Taxes     $37,351    $45,553     $47,772    $83,506

  Provisions for Income           13,233     17,433      16,887     32,697
  Taxes

  Net Income                     $24,118    $28,120     $30,885    $50,809


  Earnings Per Share:               $.36       $.40        $.46       $.72
                Primary

                Fully Diluted       $.36       $.39        $.46       $.70

  Cash Dividends Per Share          $.13       $.10        $.26       $.20


  See Accompanying Notes to Condensed Consolidated Financial Statements.

<PAGE>


                                   UNIFI, INC.

                 Condensed Consolidated Statements of Cash Flows

                                   (Unaudited)

                                              For the Six Months Ended
                                             December 24,  December 25,
                                                 1995          1994
                                               (Amounts in Thousands)

  Cash and Cash Equivalents Provided by Operating
     Activities, Net of Acquisitions          $86,695       $64,313

  Investing Activities:

     Capital Expenditures                     $(62,326)     $(45,161)
     Acquisitions                              (48,444)           --
     Sale of Capital Assets                         --           623
     Proceeds from Notes Receivable                539         4,702
     Proceeds from Sale of Subsidiary and
       Equity Investment                        10,436        13,798 
     Sale of Short-Term Investments             79,845        49,661
     Purchase of Short-Term Investments        (55,782)      (40,455)
       Net Investing Activities               $(75,732)     $(16,832)

  Financing Activities:

     Issuance of Common Stock                      $27          $410
     Cash Dividends Paid                       (17,297)      (14,056)
     Purchase and Retirement of Common Stock   (37,185)      (56,219)
       Net Financing Activities               $(54,455)     $(69,865)

  Currency Translation Adjustment                $(186)         $(36)

  Increase (Decrease) in Cash                 $(43,678)     $(22,420)

  Cash and Cash Equivalents - Beginning         60,350        80,653

  Cash and Cash Equivalents - Ending           $16,672       $58,233

  See Accompanying Notes to Condensed Consolidated Financial Statements.

<PAGE>



                                   UNIFI, INC.

               Notes to Condensed Consolidated Financial Statements


 (a)Basis of Presentation

    The information furnished is unaudited  and reflects all adjustments  which
    are, in  the  opinion  of  Management,  necessary  to  present  fairly  the
    financial position at December 24, 1995  and the results of operations  and
    cash flows for the periods ended  December 24, 1995 and December  25, 1994.
    Such adjustments  consisted  of  normal recurring  items  for  all  periods
    presented and,  for  the  current year -to-date, the  non-recurring  charge
    described in Note (e).  Interim  results are not necessarily indicative  of
    results for a  full year.   It is  suggested that  the condensed  financial
    statements be read in conjunction with  the financial statements and  notes
    thereto included in the Company's latest annual report on Form 10-K.

 (b)Income Taxes

    Deferred income  taxes have  been provided  for the  temporary  differences
    between financial  statement carrying  amounts and  tax basis  of  existing
    assets and liabilities.

    The difference between  the  statutory federal  income  tax rate  and  the
    effective tax  rate is  primarily due  to results  of foreign  subsidiaries
    which are  taxed at  rates below  those of  U.S. operations.   The  current
    periods' pre-tax income from the Company's foreign operations represented a
    higher  percentage  of   the  Company's  consolidated   results  than   the
    corresponding periods of the prior year  and the current periods  effective
    tax rates  for  foreign operations  were  lower than  prior  year  periods.
    Additionally, the Company's effective tax rate for U.S. operations is lower
    in the current  periods due to  the realization of  increased tax  credits.
    These factors contributed to the decline  in the lower effective tax  rates
    for the consolidated Company.

 (c)Per Share Information

    Earnings per common and common equivalent  share are computed on the  basis
    of the weighted average  number of common shares  outstanding, plus to  the
    extent applicable, common stock equivalents.

    The effect of the convertible subordinated notes was antidilutive for the
    quarter and six months ended December 24,1995. Accordingly, fully diluted
    earnings per share for these periods has been reported consistent with the
    primary earnings per share results.

<PAGE>
 

 Computation of average shares outstanding (in 000's):

                                     Quarters Ended      Six Months Ended
                                  Dec. 24,    Dec. 25,  Dec. 24,  Dec. 25,
                                     1995       1994      1995       1994
  Average Shares Outstanding        66,279      69,706    66,582     70,077
  Add:  Dilutive Options               439         510       463        507
  Primary Average Shares            66,718      70,216    67,045     70,584
  Incremental Shares Arising from
     Full Dilution Assumption                    7,754                7,753
  Average Shares Assuming
     Full Dilution                              77,970               78,337


 Computation of net income for per share data (in 000's):

                                     Quarters Ended      Six Months Ended
                                  Dec. 24,    Dec. 25,  Dec. 24,  Dec. 25,
                                     1995       1994      1995      1994
   Net Income - Primary            $24,118     $28,120   $30,885   $50,809
   Add: Convertible Subordinated
      Interest Net of Tax                        2,168               4,337
   Net Income Assuming Full
       Dilution                                $30,288             $55,146


 (d)Common Stock

    On January  18, 1996  the  Company's Board of Directors declared  a  cash
    dividend of 13 cents per share payable on February 9, 1996 to  shareholders
    of record on February 2, 1996.

 (e)Non-Recurring Charge

    As disclosed in the  Company's 10-K for  the year ended  June 25, 1995  the
    Company announced  on September  18, 1995  restructuring plans  to  further
    reduce the Company's  cost structure and  improve productivity through  the
    consolidation of certain  manufacturing operations and  the disposition  of
    underutilized assets.  The restructuring plan focused on the  consolidation
    of production facilities  acquired via  mergers during  the preceding  four
    years  and  reflects   the  Company's  continued   efforts  to   streamline
    operations.  As part  of the restructuring action,  the Company closed  its
    spun cotton manufacturing facilities in  Edenton and Mount Pleasant,  North
    Carolina on  November  17, 1995  with  the majority  of  the  manufacturing
    production being transferred to other facilities.  Approximately 275  jobs,
    primarily wage-level positions, were affected.

    The estimated cost of restructuring resulted in a first quarter fiscal 1996
    non-recurring charge to earnings of $23.8 million or an after-tax charge to
    earnings of $14.9 million ($.22 per share).  The significant components  of
    the non-recurring  charge  included $2.4  million  of severance  and  other
    employee-related costs  from  the  termination of  employees  and  a  $21.4
    million write-down to  estimated fair value  less the cost  of disposal  of
    underutilized assets and  consolidated facilities  to be  disposed.   Costs
    associated with the relocation of equipment or personnel are being expensed
    as incurred.

    In connection with the plan  of restructuring and corporate  consolidation,
    the Company  has incurred  as  of December  24,  1995 severance  and  other
    employee-related costs  of $1.7  million.   Additionally, the  Company  has
    charged against the reserve costs associated with the plant closures of $.4
    million and losses incurred  from the disposal of  assets of $3.0  million.

    The Company anticipates that all  significant aspects of the  consolidation
    plan will  be  accomplished  by September  1996.    However,  the  ultimate
    disposal of equipment and facilities may take longer due to current  market
    conditions and the physical locations of the properties.  The balance sheet
    at December 24, 1995, reflects primarily in property, plant and  equipment,
    the net book  value of  the remaining assets  to be  disposed amounting  to
    approximately $23.6 million for  which net recoveries  of $5.6 million  are
    expected.

 (f)Accounting for Long-Lived Assets

    In March  1995, the  FASB  issued  Statement No.  121,  Accounting for  the
    Impairment of Long -Lived Assets and for  Long-Lived Assets to  be Disposed
    Of, (SFAS 121), which  requires impairment losses to  be recorded on  long-
    lived assets used in operations when  indicators of impairment are  present
    and the undiscounted cash flows estimated  to be generated by those  assets
    are less than  the assets' carrying  amount.  SFAS  121 also addresses  the
    accounting for long-lived assets that are expected to be disposed of.   The
    Company adopted  SFAS 121  in the  first quarter  of 1996.   There  was  no
    cumulative effect on the financial statements from the initial adoption  of
    SFAS 121; however,  the accounting principles  described in this  statement
    were utilized in estimating the non-recurring charge discussed in Note (e).

 (g)Nylon Machinery Purchase

    The acquisition  of  the  Norlina  Division  of  Glen  Raven  Mills,  Inc.,
    announced on October 2,  1995, was consummated on  November 17, 1995.   The
    acquisition, which is not deemed significant to the Company's  consolidated
    net assets  or the  results of  operations,  has been  accounted for  as  a
    purchase and accordingly, the net assets and operations have been  included
    in the Company's  consolidated financial statements  beginning on the  date
    the acquisition was consummated.  The  purchase price was allocated to  the
    net assets acquired  with the excess  of cost  over fair value  of the  net
    assets acquired being approximately $28 million.   The excess of cost  over
    fair value of  net assets acquired  is being amortized  on a  straight-line
    basis over 15 years.

<PAGE>

 
                    Management's Discussion and Analysis of
                  Financial Condition and Results of Operations

  The following is Management's discussion and  analysis of certain significant
  factors that have affected  the Company's operations and  material changes in
  financial condition during the periods included in the accompanying Condensed
  Consolidated Financial Statements.

  Results of Operations

  Consolidated net sales increased 3.7% to $401.4 million in the second quarter
  of fiscal 1996 and for the  six month period, sales increased  5.7% to $788.8
  million.  The increases in  net sales were achieved  despite volume decreases
  of 5.4% for the quarter and 2.1% for the  year-to-date over the corresponding
  prior year periods.  The decreases  are reflective of an  overall softness in
  virtually all textile and apparel markets  served by the Company.   To offset
  the volume declines and  increased costs of raw  materials and manufacturing,
  the Company  has increased  its average  unit sales  price, based  on overall
  product mix,  9.5%  for the  quarter  and 7.9%  for  the year -to-date period
  compared to the corresponding periods of the prior fiscal year.

  Consistent with the results  of consolidated operations, the  U.S. operations
  experienced modest gains in  sales dollars of 1.0%  and 3.0% for  the quarter
  and year-to-date periods.  The U.S. operations continued to  see the weakness
  at the retail level translate into reduced unit demand  for our polyester and
  spun yarn  products, while  our nylon  product  volume remained  level.   The
  average unit sales price in all three product lines  has increased during the
  quarter  and  year-to-date  periods  in  response  to  higher  raw  material,
  packaging and  manufacturing costs.   The  effect of  the acquisition  of the
  Norlina  Division  of  Glen  Raven  Mills  on  November   17,  1995  did  not
  significantly impact the net sales of the nylon operations.

  Our Irish operations have experienced volume increases of 37.0% and 39.3% for
  the quarter  and year-to-date periods,  respectively, when  compared  to the
  corresponding periods of the  prior year.   Average selling prices,  based on
  overall product mix have  increased for both periods  in the current  year to
  partially offset the  effects of  higher raw material  costs.   The increased
  volume results from the addition of 20 new polyester texturing machines.

  Cost of goods  sold as a  percentage of net  sales for the  quarter increased
  from 85.8% last  year to 87.7%  this year.   For the  respective year-to-date
  periods, cost of goods sold as  a percentage of net sales  has increased from
  86.1% to 88.1%.  The increase  in cost of sales as a  percentage of net sales
  is attributable  to the  increase in  average selling  prices only  partially
  offsetting the effects of reduced unit volume and  increases in raw material,
  packaging, and manufacturing costs.

  Selling, general and  administrative expenses  as a  percentage of  net sales
  increased from 2.7% in the prior year quarter to 2.8% in the current quarter.
  Our year-to-date results as a percentage of net sales have remained stable at
  2.7%.  Selling, general and administrative expenses increased $1.1 million in
  the current quarter to  $11.4 million and $1.5  million to $21.5  million for
  the six months year-to-date.  These increases  primarily reflect our ongoing
  efforts  to  enhance  our  information  systems   to  improve  the  operating
  performance throughout the Company and the level of service to our customers.

  Interest expense decreased $.2 million to $3.8 million in the current quarter
  and $.4 million to $7.4 million for the  year-to-date period. Interest income
  has decreased from $2.4 million in last year's second quarter to $2.0 million
  in the  current quarter.   For  the  six month  period,  interest income  has
  decreased from  $5.1 million  to $4.6  million in  the current  period.   The
  decline in interest income for the quarter  and year-to-date periods reflects
  lower levels of invested funds.

  Other income,  net decreased  $1.0 million  to  $1.3 million  in the  current
  quarter and $1.1 million to $1.7 million for the year-to-date period.

  As disclosed  in Note  (e) in  this Form  10-Q, the  Company recorded  in its
  quarter ended September 24, 1995 a non-recurring charge of  $23.8 million, or
  an after-tax  charge to  earnings of  $14.9 million  ($.22 per  share).   The
  significant components of  the non-recurring charge  include $2.4  million of
  severance and other employee-related costs and a  $21.4 million write-down to
  estimated fair  value less  the cost  of disposal  for underutilized  assets.
  This charge  resulted from  the plan  to restructure  and further  reduce the
  Company's cost structure and  improve productivity through  the consolidation
  of certain  manufacturing  facilities and  the  disposition of  underutilized
  assets.  As part of the  restructuring plan the Company  has closed effective
  November 17, 1995 the spun yarn manufacturing facilities in Edenton and Mount
  Pleasant, North Carolina.

  The effective  tax rate  has decreased  from 38.3%  to 35.4%  in the  current
  quarter and has decreased  from 39.2% to  35.3% for the  year-to-date period.
  The lower  rates in  the current  periods  are primarily  due  to the  pretax
  earnings of foreign subsidiaries,  which are taxed  at rates lower  than U.S.
  rates, representing  a  larger  contribution  of total  consolidated  pre-tax
  income.   Additionally,  the  Company will  realize  the  benefit of  certain
  increased tax credits during fiscal 1996.

  As a result of the above, the Company realized during the current quarter net
  income of $24.1 million, or $.36 per primary share compared to $28.1 million,
  or $.40 per primary share during the corresponding quarter of the prior year.
  Net income  and  primary  earnings  per  share  for  the  current  six  month
  year-to-date period amounted to $30.9 million, or $.46  per share compared to
  corresponding totals in  the prior year -to-date period of  $50.8 million, or
  $.72 per share.  Before the  effects of the non-recurring  charge to earnings
  during the current six  month year-to-date, the Company  had income of $45.8
  million or $.68 per share.

  Liquidity and Capital Resources

  We ended the  current quarter  with working capital  of $250.6  million which
  included cash and short-term investments of  $80.6 million.   Cash and short-
  term investments have decreased  $65.6 million since June  25, 1995 resulting
  primarily from  the  utilization  of  existing  cash to  fund  the  costs  of
  acquisitions and capital expansions.

  Our primary source  of cash  and cash equivalents  continues to  be generated
  from operating activities.  Cash generated from operations increased to $86.7
  million for the six  month period ended December  24, 1995 compared  to $64.3
  million for the corresponding period of the prior year.  This improvement was
  achieved despite a decrease in net income through  the improved management of
  working capital and adjustments for non-cash items including depreciation and
  amortization, which  increased  $5.1 million  during  the  current six  month
  year-to-date period, and the non-recurring charge of $23.8 million.

  The Company utilized  $75.7 million and $54.5  million for net  investing and
  financing   activities,   respectively,   during   the   six   months   ended
  December 24, 1995.    These  net  investing  and  financing  activities  were
  primarily comprised of  $35.0 million generated  from the sale  of short-term
  investments offset by $110.8  million used for  capacity expansions, upgrades
  and acquisitions,  $17.3  million  for  the  payment of  the  Company's  cash
  dividends and $37.2 million for the purchase and retirement of Company common
  stock.

  On October  21,  1993,  the  Board  of  Directors  authorized  Management  to
  repurchase up to 15 million shares of Unifi's common stock from time  to time
  at such prices as Management feels advisable and in the  best interest of the
  Company.   Approximately  5.0  million shares  have  been  repurchased as  of
  December 24, 1995, pursuant to this Board authorization.

  At December 24, 1995,  the Company has committed  approximately $93.6 million
  for the purchase and upgrade of equipment and  facilities, which is scheduled
  to be expended  during the remainder  of fiscal years  1996 and  fiscal years
  1997 and 1998.  A significant component of these committed funds as well as a
  major component  of  year-to-date capital  expenditures is  the  continuing
  construction of a  highly automated,  state-of-the-art texturing  facility in
  Yadkinville,  North  Carolina.    We  have  reached  the  initial  phases  of
  production in this  texturing facility which  is scheduled for  completion in
  December 1996.

  Management  believes  the  current  financial  position  of  the  Company  in
  connection with its operations and its access to debt  and equity markets are
  sufficient to  meet anticipated  capital expenditure,  strategic acquisition,
  working capital and other financial needs.

<PAGE>

P
art II. Other Information

                                   UNIFI, INC.




  Item 4.  Submission of Matters to a Vote of Security Holders

        The Shareholders of  the Company  at their Annual  Meeting held  on the
        19th day of October,  1995, considered and voted  upon the elections of
        four (4) Class 1 Directors of the Company.

        The Shareholders elected management's nominees for the four (4) Class 1
        Directors to  serve until  the Annual  Meeting  of the  Shareholders in
        1998, or until their successors are elected and qualified, as follows:

                                    Votes in     Votes
            Names of Directors        Favor     Against  Abstaining

        Donald F. Orr               55,451,604        0      456,300
        Timotheus R. Pohl           55,426,536        0      481,368
        Robert A. Ward              55,430,349        0      477,555
        G. Alfred Webster           55,430,349        0      476,955

        The information set forth under the heading ``Election of Directors''
        on pages 2-5  of  the  Definitive  Proxy  Statement  was  filed  with 
        the Commission since the close of the  registrant's fiscal year ending
        June 25, 1995, and is incorporated herein by reference.

        The Shareholders at  their Annual Meetings  in 1993 elected as Class  2
        Directors and in 1994 elected  as Class 3 Directors  to serve until the
        Annual Meeting of  the Shareholders in  1996 and  1997 respectively, or
        until  their  successors  are  elected  and  qualified,  the  following
        persons:

                       Class 2                       Class 3

        Charles R. Carter                      William  J. Armfield, IV
        Jerry W. Eller                         William T. Kretzer
        Kenneth G. Langone                     G. Allen Mebane
                                               George R.Perkins,Jr.


<PAGE>


  Item 6.  Exhibits and Reports on Form 8-K

        (a) Exhibits

           (27)Financial Data Schedule

        (b) No reports on  Form 8-K  have been filed during  the quarter  ended
            December 24, 1995.


<PAGE>


                                UNIFI, INC.




  Signatures

  Pursuant to  the requirements  of the  Securities Exchange  Act of  1934, the
  Registrant has duly  caused this  report to be  signed on  its behalf  by the
  undersigned thereunto duly authorized.


                                                 UNIFI, INC.









                                              WILLIS C. MOORE,III
  Date:  FEBRUARY 6, 1996                     Willis C. Moore,III
                                              Vice President and Chief
                                              Financial Officer (Mr. Moore is
                                              the Principal Financial and
                                              Accounting Officer and has been
                                              duly authorized to sign on behalf
                                              of the Registrant.)







<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE COMPANY'S QUARTERLY REPORT FOR THE SIX MONTH PERIOD ENDED DECEMBER 24,
1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-END>                               DEC-24-1995
<CASH>                                          16,672
<SECURITIES>                                    63,891
<RECEIVABLES>                                  203,612
<ALLOWANCES>                                     6,242
<INVENTORY>                                    141,662
<CURRENT-ASSETS>                               422,157
<PP&E>                                         980,673
<DEPRECIATION>                                 432,797
<TOTAL-ASSETS>                               1,011,140
<CURRENT-LIABILITIES>                          171,559
<BONDS>                                        230,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         6,560
<OTHER-SE>                                     571,667<F1>
<TOTAL-LIABILITY-AND-EQUITY>                 1,011,140
<SALES>                                        788,806
<TOTAL-REVENUES>                               788,806
<CGS>                                          694,622
<TOTAL-COSTS>                                  694,622
<OTHER-EXPENSES>                                23,826
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               7,437
<INCOME-PRETAX>                                 47,772
<INCOME-TAX>                                    16,887
<INCOME-CONTINUING>                             30,885
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    30,885
<EPS-PRIMARY>                                      .46
<EPS-DILUTED>                                      .46
<FN>
<F1>OTHER STOCKHOLDERS EQUITY OF $571,667 IS COMPRISED OF CAPITAL IN EXCESS
OF PAR VALUE OF $80,272, RETAINED EARNINGS OF $487,550, CUMULATIVE
TRANSLATION ADJUSTMENT OF $2,223 AND UNREALIZED GAINS ON CERTAIN
INVESTMENTS OF $1,622.
</FN>
        

</TABLE>