84581--3/31/2008--ROCK_OF_AGES

related topics

{control, financial, internal}

{stock, price, operating}

{product, market, service}

{stock, price, share}

{provision, law, control}

{cost, operation, labor}

{debt, indebtedness, cash}

{customer, product, revenue}

{personnel, key, retain}

{property, intellectual, protect}

{cost, regulation, environmental}

{operation, international, foreign}

{condition, economic, financial}

{competitive, industry, competition}

Risk Factors That May Affect Future Results We have material weaknesses in our internal control over financial reporting which could adversely affect our ability to report our financial condition and results of operations accurately and on a timely basis. If we or our independent registered public accounting firm are unable to affirm the effectiveness of our internal control over financial reporting in future years, the market value of our common stock could be adversely affected. Our credit facility with CIT includes restrictions on our business operations that we must comply with, and financial tests that we must meet in order to continue to borrow under the facility to support our operations. If we are unable to maintain our relationships with independent retailers, our sales may not grow and could decline. Our international operations may expose us to a number of risks related to conducting business in foreign countries. Employee strikes and other labor-related disruptions may adversely affect our operations. If we lose key personnel, or are unable to attract and retain additional qualified personnel, our business could suffer. We face intense competition and, if we are unable to compete successfully, we may be unable to increase our sales, which would adversely affect our business and profitability. The increasing trend toward cremation, and potential declines in memorialization for other reasons, may result in decreased sales of our products. Sales of our products are seasonal and may cause our quarterly operating results to fluctuate. Our competitive position could be harmed if we are unable to protect our intellectual property rights. Our business is subject to a number of operating risks that are difficult to predict and manage. Sales of our ancillary products are cyclical, which may adversely affect our operating results. Existing stockholders are able to exercise significant control over us. Our common stock is thinly traded; therefore, our stock price may fluctuate more than the stock market as a whole. We may incur substantial costs to comply with government regulations. Provisions of our corporate organizational documents and Delaware law could delay or prevent a change in control of the Company, even if it would be beneficial to our stockholders.

Full 10-K form ▸

84581--3/31/2008--ROCK_OF_AGES_CORP