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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K



                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                        DATE OF REPORT: FEBRUARY 4, 2004
                        (DATE OF EARLIEST EVENT REPORTED)




                            THE NAUTILUS GROUP, INC.
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             (Exact name of registrant as specified in its charter)





        Washington                  000-25867                     94-3002667
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(State or other jurisdiction      (Commission                 (I.R.S. Employer
    of incorporation)             File Number)               Identification No.)




                              1400 NE 136th Avenue
                           Vancouver, Washington 98684
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              (Address of principal executive offices and zip code)




                                 (360) 694-7722
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              (Registrant's telephone number, including area code)




                                 Not Applicable
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          (Former name or former address, if changed since last report)





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                            THE NAUTILUS GROUP, INC.
                                    FORM 8-K


ITEM 5.  OTHER EVENTS

     On February 4, 2004, The Nautilus Group, Inc. issued a press release
announcing that it is doubling the five-year warranty period on its line of
Bowflex Power Pro resistance exercise equipment to a full ten years. A copy of
the press release is attached as Exhibit 99.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)      EXHIBITS

         The following exhibit is furnished herewith and this list constitutes
         the exhibit index:

         Exhibit No.          Description
         -----------          -----------

         99                   The Nautilus Group, Inc. Press Release, dated
                              February 4, 2004, announcing that it is doubling
                              the five-year warranty period on its line of
                              Bowflex Power Pro resistance exercise equipment to
                              a full ten years.








                                    SIGNATURE

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 hereunto duly authorized.

                                           THE NAUTILUS GROUP, INC.
                                           (Registrant)

February 4, 2004                           By: /s/  Rod W. Rice
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(Date)                                     Rod W. Rice, Chief Financial Officer,
                                           Treasurer and Secretary