Do you pay attention to your BMI?

My body mass index indicates I am extremely obese >35. I rejoined the gym right after Christmas and have been exercising regularly. Admittedly, I need to make some changes in my diet, but at least I'm feeling, moving, and sleeping better. I bought a body composition scale which arrived yesterday, and it provided some alarming numbers so now I'm terrified.

How much attention do you pay to your body composition figures?