8-K

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 and Exchange Act of 1934

Date of Report (Date of earliest event reported):     November 10, 2009  (November 10, 2009)

ROCK OF AGES CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	0-29464	03-0153200
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

560 Graniteville Road, Graniteville Vermont	05654
(Address of principal executive offices)	(Zip Code)

(802) 476-3121

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
£	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
£	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
£	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ROCK OF AGES CORPORATION

  FORM 8-K

Item 2.02	Results of Operations and Financial Condition
	On November 10, 2009, Rock of Ages issued a press release which announced results of operations for the third quarter ended October 3, 2009. A copy of the press release is furnished (not filed) as Exhibit 99.1 to this report.
Item 9.01	Financial Statements and Exhibits
	Exhibit Number                         Description
	99.1                         Press Release dated November 10, 2009.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
	ROCK OF AGES CORPORATION
Date: November 10, 2009	By:  /s/ Laura Plude
	Laura Plude, Vice President and Chief Financial Officer

Exhibit Index

.Number	Description
99.1	Press Release dated November 10, 2009

EX-99.1

Rock of Ages FOR IMMEDIATE RELEASE Company Contacts:  Laura Plude, CFO (802) 476‑2208  www.rockofages.com    Kurt Swenson  Chairman  (603) 225-8397

Rock of Ages Reports Third Quarter Results

BARRE, VERMONT, November 10, 2009 . . . Rock of Ages Corporation (NASDAQ:ROAC) today announced net income for the third quarter of 2009 of $1.5 million, or $0.21 per diluted share, on revenue of $12.9 million.  This compares to net income for the third quarter of 2008 of $3.1 million, or $0.41 per diluted share, on revenue of $16.6 million.

"The decrease in revenue and net income for the third quarter primarily reflected lower recovery rates in both our Bethel quarry, our most important export quarry, and our Barre quarry, our most important quarry for U.S. sales.  As a result, the cost of saleable granite increased and we had less granite to sell.  The good news is that recovery rates have improved in these quarries, and demand for our granites remains strong both domestically and internationally.  Assuming no unusual weather-related disruptions between now and Thanksgiving, we expect quarry revenue and operating income to improve in the fourth quarter relative to the third quarter, which should also drive an increase in net income for the fourth quarter relative to the third," said Chief Executive Officer Donald Labonte.

Manufacturing revenue and operating income for the third quarter of 2009 compared to the third quarter of 2008 were affected by lower mausoleum sales and continued weakness in precision products sales.

Unallocated corporate overhead decreased 20% to $660,000 for the third quarter of 2009 versus $822,000 for the third quarter of 2008. "We remain confident that unallocated corporate overhead for 2009 will be about 15% below last year," Labonte said.

Nine Month Results

For the nine months ended September 30, 2009, net income was $193,000, or $0.03 per diluted share, on revenue of $33.2 million.  This compares to income from continuing operations for the first nine months of 2008 of $623,000, or $0.08 per diluted share, on revenue of $39.3 million.  Net income for the first nine months of 2008 was $481,000, or $0.06 per share, which included a loss from discontinued operations of $142,000, or $0.02 per share.  There were no discontinued operations in 2009.

Balance Sheet Highlights

Total debt at October 3, 2009 was $16.7 million, 31% below total debt of $24.2 million at September 27, 2008, and 23% below the $21.8 million reported at December 31, 2008.  "Based on forecasted cash flow, we plan to reduce debt to approximately $14 million by the end of 2009," Labonte said.

Stockholders' equity at October 3, 2009 was $25,986,000, or $3.50 per share.  This compares to stockholders' equity at December 31, 2008 of $20,431,000, or $2.75 per share.

About Rock of Ages

Rock of Ages (www.rockofages.com) is the largest integrated granite quarrier and manufacturer of finished granite memorials and granite blocks for memorial use in North America.

Forward-Looking Statements

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on current expectations, estimates and projections about our business or expected events based, in part, on assumptions made by management.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Therefore, actual events, results or outcomes may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including the challenge of successfully implementing our strategic plan intended to enhance our overall profitability; unanticipated overhead or other expenses; and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports including, but not limited to, the risks discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2008.   Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

(tables attached)

ROCK OF AGES CORPORATION
Consolidated Statements of Operations
(In thousands, except per share amounts) (Unaudited)
			Three Months Ended		Nine Months Ended
			Oct. 3,	Sep. 27,	Oct. 3,	Sep. 27,
			2009	2008	2009	2008
Net revenue
	Quarry		$   5,914	$   8,537	$ 15,949	$ 18,766
	Manufacturing		6,967	8,056	17,293	20,543
		Total net revenue	12,881	16,593	33,242	39,309
Gross profit
	Quarry		1,911	3,411	3,433	4,076
	Manufacturing		2,022	2,523	4,556	5,498
		Total gross profit	3,933	5,934	7,989	9,574
Selling, general and administrative expenses
	Quarry		503	523	1,633	1,747
	Manufacturing		938	1,026	2,964	3,059
		Total SG&A expenses	1,441	1,549	4,597	4,806
Divisional operating income
	Quarry		1,408	2,888	1,800	2,329
	Manufacturing		1,084	1,497	1,592	2,439
		Total divisional operating income	2,492	4,385	3,392	4,768
Unallocated corporate overhead			660	822	2,393	2,998
Effect of pension curtailment			--	--	95	--
Other income, net			(76)	(56)	(219)	(179)
	Income from continuing
		operations before interest and income taxes	1,908	3,619	1,123	1,949
Interest expense, net			334	337	871	1,046
	Income from continuing operations before income taxes		1,574	3,282	252	903
Income tax expense			40	223	59	280
	Income from continuing operations		1,534	3,059	193	623
Loss from discontinued operations			--	--	--	(142)
		Net income	$   1,534	$   3,059	$      193	$      481
Net income (loss) per share - basic and diluted:
	Income from continuing operations		$     0.21	$     0.41	$     0.03	$     0.08
	Loss from discontinued operations		--	--	--	(0.02)
		Net income (loss) per share - basic and diluted	$     0.21	$     0.41	$     0.03	$     0.06
Weighted average common shares
	outstanding - basic and diluted		7,416	7,416	7,416	7,416

ROCK OF AGES CORPORATION
Consolidated Balance Sheets
( in thousands, except per share amounts) (Unaudited)
			Oct. 3,	Dec. 31,
Assets			2009	2008
Current assets:
	Cash and cash equivalents		$      842	$      888
	Trade receivables, net		9,215	13,314
	Inventories		15,597	16,840
	Other current assets		1,417	1,561
	Assets held for sale		759	477
		Total current assets	27,830	33,080
Property, plant and equipment, net			30,701	29,998
Cash surrender value of life insurance			132	132
Intangibles, net			503	571
Goodwill			387	387
Long term investments			129	25
Other			481	249
		Total assets	$ 60,163	$ 64,442
Liabilities and Stockholders' Equity
Current liabilities:
	Borrowings under line of credit		$   2,565	$   7,428
	Current maturities of long-term debt		800	517
	Salary continuation and other post-employment benefits		690	567
	Trade payables		1,214	1,334
	Accrued expenses		1,721	2,226
	Customer deposits		801	454
Total current liabilities
			7,791	12,526
Long-term debt, excluding current installments			13,372	13,904
Salary continuation liability, net of current portion			5,151	5,382
Accrued pension cost			4,705	9,026
Deferred salary liability			1,504	1,523
Other post-employment benefits, net of current portion			1,623	1,623
Deferred tax liability			31	27
.......Total liabilities			34,177	44,011
Stockholders' equity:
	Preferred stock 0.01 par value. Authorized
		2,500,000 shares; issued and outstanding no shares	--	--
	Common stock Class A, $0.01 par value. Authorized 30,000,000 shares;
		4,812,342 issued and outstanding at October 3, 2009 and December 31, 2008	48	48
	Common stock Class B, $0.01 par value. Authorized 15,000,000 shares;
		2,603,721 issued and outstanding at October 3, 2009 and December 31, 2008	26	26
	Additional paid-in capital		65,735	65,688
	Accumulated deficit		(35,355)	(35,548)
	Accumulated other comprehensive loss		(4,468)	(9,783)
		Total stockholders' equity	25,986	20,431
		Total liabilities and stockholders' equity	$ 60,163	$ 64,442