================================================================================

                       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 6, 2003
                        (DATE OF EARLIEST EVENT REPORTED)

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

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


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

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

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


================================================================================



                            THE NAUTILUS GROUP, INC.
                                    FORM 8-K



ITEM 5. OTHER EVENTS

         On February 6, 2003, the registrant issued a press release announcing
fourth quarter and year-end results for 2002.


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 6, 2003, announcing fourth quarter and
                              year-end results for 2002.




                                    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.

February 6, 2003                            By: /s/  Rod W. Rice
----------------                                --------------------------------
       (Date)                               Rod W. Rice, Chief Financial Officer





                                       2