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 Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 30, 2012

The Finish Line, Inc.

(Exact name of registrant as specified in its charter)

Indiana	0-20184	35-1537210
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
3308 North Mitthoeffer Road Indianapolis, Indiana		46235
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 317-899-1022

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the 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))

Item 2.02 Results of Operations and Financial Condition.

On March 30, 2012, The Finish Line, Inc. issued a press release discussing its results of operations for the fourteen and fifty-three weeks ended March 3, 2012, and its financial condition as of March 3, 2012.

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in this Current Report, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Item 8.01 Other Events.

The Company announced today that Gart Capital Partners (“GCP”) is making a $10 million strategic investment in its Running Specialty Group (“RSG”), with the goal of creating the nation’s single largest operator within the growing specialty running business, a market that has been estimated at up to $1 billion. The Company will remain as majority owner of the Running Specialty Group. This strategic investment pairs Finish Line, a national athletic footwear and apparel retailer, with GCP, an equity investment partnership that has a proven track record of successfully executing specialty retail rollups. The venture builds upon the Company’s 2011 acquisition of a chain of specialty running shops.

The headquarters of RSG will be relocated to Denver, where GCP will manage day-to-day operations, merchandising, and the acquisition of additional running operators. The Company will continue to leverage its strengths as a leading omni-channel retailer, providing direct logistics, marketing, and IT support to RSG along with digital expertise.

Further information regarding this acquisition is set forth in a press release issued on March 30, 2012, a copy of which is attached hereto as Exhibit 99.2.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1	Press Release issued March 30, 2012 regarding results of operations
99.2	Press Release issued March 30, 2012 regarding investment in Running Specialty Group by Gart Capital Partners

2

SIGNATURES

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 Finish Line, Inc.
March 30, 2012	By:	/s/ Edward W. Wilhelm
		Name: Edward W. Wilhelm
		Title: Executive Vice President, Chief Financial Officer

3

EX-99.1

Exhibit 99.1

Finish Line Reports Fourth Quarter and Full Fiscal Year 2012 Results

Q4 comp store sales increased 10.8%; Q4 Non-GAAP EPS up 24.6% to $0.81

INDIANAPOLIS, March 30, 2012 – The Finish Line, Inc. (NASDAQ: FINL) today reported results for the fourth quarter and fiscal year, representing the 14-week and 53-week periods ended March 3, 2012.

For the fourth quarter ended March 3, 2012:

• Consolidated net sales, inclusive of Finish Line and The Running Company, increased 18.6% to $456.3 million.

• Finish Line comparable store sales increased 10.8%.

• Digital sales, which are included in the comparable store sales results, were up 38.3%.

• Non-GAAP diluted earnings per share, which excludes the impact of impairment charges, increased 24.6% to $0.81.

• On a GAAP basis, diluted earnings per share increased 27.0% to $0.80.

For the fiscal year ended March 3, 2012:

• Consolidated net sales, inclusive of Finish Line and The Running Company, increased 11.4% to $1.37 billion.

• Finish Line comparable store sales increased 9.2%.

• Digital sales, which are included in the comparable store sales result, were up 49.5%.

• Non-GAAP diluted earnings per share, which excludes the impact of impairment charges, increased 25.0% to $1.60.

• On a GAAP basis, diluted earnings per share increased 26.2% to $1.59.

The 53rd week of fiscal 2012 contributed $30.5 million of consolidated net sales and approximately $0.07 per diluted share to the fourth quarter and fiscal year.

“We ended the fiscal year with another strong quarter and positive momentum across our business,” said Chairman and Chief Executive Officer Glenn Lyon. “Our fourth quarter and full year results are a positive indication that the sales and merchandising strategies we are deploying across our multiple channels are resonating with consumers and influencing how they shop. As the retail landscape continues to rapidly evolve, we are committed to further distinguishing the Finish Line brand from the competition and building a sustainable multi-division, omni-channel business for the future. In the near-term, this will involve additional investments in technology, personnel, marketing and store upgrades that we believe will drive increased productivity and greater efficiency through our supply chain and lead to greater earnings power in the years ahead. We are confident we have the right strategic plan in place and we look forward to building on our consistent track record of creating value for our shareholders over the long term.”

Balance Sheet

As of March 3, 2012, consolidated merchandise inventories increased 13.9% to $220.4 million compared to $193.5 million as of February 26, 2011. For Finish Line, merchandise inventories increased by 11.9%.

The company repurchased 300,000 shares of its outstanding common stock in the fourth quarter, totaling $5.9 million. For the full year, Finish Line repurchased 2.9 million shares totaling $60.4 million. The company has 3.8 million shares remaining on its 5-million-share authorization.

At fiscal year-end, the company had no interest-bearing debt and $307.5 million in cash and cash equivalents, compared to $299.3 million at the end of fiscal 2011.

March Sales Update

Finish Line comparable store sales on a month-to-date basis for the period of March 4, 2012 through March 25, 2012 increased 10.0% on top of an 8.0% increase for the same period a year ago.

Outlook

The company is introducing guidance for the fiscal year ending March 2, 2013. Based on strategic investments in technology, stores and digital capabilities required to execute its omni-channel strategy, management expects to generate earnings per share growth in the mid-single digits in fiscal 2013 with comparable store sales expected in the mid-single digits as well. As the investments begin to drive returns, management expects earnings per share growth to accelerate into the low- to mid-teens beginning in fiscal 2014.

For the first quarter, the company expects comparable store sales to be up in the mid-single digit range. Based on the planned level of strategic investments, combined with lower product margins due to a shift in the promotional calendar, and occupancy cost deleverage, the company expects first quarter earnings per share to be down approximately 30%.

Q4 Fiscal 2012 Conference Call Today, March 30, 2012 at 8:30 a.m.

The company will host a conference call for investors today, March 30, 2012, at 8:30 a.m. Eastern. To participate in the live conference call, dial 866-923-8645 (U.S. and Canada) or 660-422-4970 (International), conference ID #59815545. The live conference call will also be accessible online at www.finishline.com. A replay of the conference call can be accessed approximately two hours following the completion of the call by dialing 855-859-2056, conference ID #59815545. This recording will be made available through Sunday, April 1, 2012. The replay will also be accessible online at www.finishline.com.

Annual Meeting July 19, 2012

The company’s Board of Directors has established July 19, 2012 as the date of the 2012 annual meeting of shareholders, with May 18, 2012 as the record date for this meeting.

About Finish Line

The Finish Line, Inc. is a premium retailer of athletic shoes, apparel and accessories. Headquartered in Indianapolis, the company has two retail divisions — Finish Line, which operates 635 Finish Line brand stores in malls across the U.S., and The Running Specialty Group, which operates 19 specialty running shops in seven states and the District of Columbia under The Running Company banner. Finish Line stores employ more than 11,000 sneakerologists who help customers every day connect with their sport, their life and their style. Online shopping is available at www.finishline.com and mobile shopping is available at m.finishline.com. Follow Finish Line on Twitter at Twitter.com/FinishLine and “like” Finish Line on Facebook at Facebook.com/FinishLineUSA. The Running Company stores carry a deep assortment of performance running shoes, apparel and accessories. Their trained experts advise everyone from beginner to advanced runners and provide free gait analysis to ensure the proper fit for each customer. The Running Company is tightly connected to its communities, hosting regular neighborhood group runs and sponsoring local races. More information on The Running Company can be found at www.therunningcompany.net.

Forward-Looking Statements

This news release includes statements that are or may be considered “forward-looking” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by the use of words or phrases such as, but not limited to, “believe,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “build”, “may,” “should,” “will,” “estimates,” “indication”, “potential,” “optimistic,” “confidence,” “momentum”, “continue,” “lead to”, “evolve,” “expand,” “growth” or words and phrases of similar meaning. Statements that describe objectives, plans or goals also are forward-looking statements.

All of these forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The principal risk factors that could cause actual performance and future actions to differ materially from the forward-looking statements include, but are not limited to, the company’s reliance on a few key vendors for a majority of its merchandise purchases (including a significant portion from one key vendor); the availability and timely receipt of products; the ability to timely fulfill and ship products to customers; fluctuations in oil prices causing changes in gasoline and energy prices, resulting in changes in consumer spending as well as increases in utility, freight and product costs; product demand and market acceptance risks; deterioration of macro-economic and business conditions; the inability to locate and obtain or retain acceptable lease terms for the company’s stores; the effect of competitive products and pricing; loss of key employees; execution of strategic growth initiatives (including actual and potential mergers and acquisitions and other components of the company’s capital allocation strategy); and the other risks detailed in the company’s Securities and Exchange Commission filings. Readers are urged to consider these factors carefully in evaluating the forward-looking statements. The forward-looking statements included herein are made only as of the date of this report and Finish Line undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

The Finish Line, Inc.

Consolidated Statements of Income

(In thousands, except per share and store data)

	Fourteen Weeks Ended March 3, 2012			Thirteen Weeks Ended February 26, 2011			Fifty-Three Weeks Ended March 3, 2012			Fifty-Two Weeks Ended February 26, 2011
	(Unaudited)			(Unaudited)			(Unaudited)
Net sales	$	456,260		$	384,599		$	1,369,259		$	1,229,002
Cost of sales (including occupancy costs)		286,737			246,288			889,130			815,073
Gross profit		169,523			138,311			480,129			413,929
Selling, general and administrative expenses		101,811			82,883			343,629			302,718
Store closing costs		226			263			1,191			350
Impairment charges		974			1,228			974			1,228
Operating income		66,512			53,937			134,335			109,633
Interest income, net		57			138			447			508
Income from continuing operations before income taxes		66,569			54,075			134,782			110,141
Income tax expense		24,649			19,818			49,978			41,277
Income from continuing operations		41,920			34,257			84,804			68,864
Loss from discontinued operations, net of income taxes		—			(5	)		—			(30	)
Net income	$	41,920		$	34,252		$	84,804		$	68,834
Income per diluted share:
Income from continuing operations	$	0.80		$	0.63		$	1.59		$	1.26
Loss from discontinued operations		—			—			—			—
Net income	$	0.80		$	0.63		$	1.59		$	1.26
Diluted weighted average shares outstanding		52,041			53,467			52,818			53,775
Dividends declared per share	$	0.06		$	0.05		$	0.21		$	0.17
Finish Line Store activity for the period:
Beginning of period		648			669			664			666
Opened		—			—			4			11
Closed		(11	)		(5	)		(31	)		(13	)
End of period		637			664			637			664
Square feet at end of period								3,440,788			3,564,277
Average square feet per store								5,402			5,368
Running Company Store activity for the period:
Beginning of period		19			—			—			—
Acquired		—			—			18			—
Opened		—			—			1			—
Closed		—			—			—			—
End of period		19			—			19			—
Square feet at end of period								57,302
Average square feet per store								3,016

	Fourteen Weeks Ended March 3, 2012			Thirteen Weeks Ended February 26, 2011			Fifty-Three Weeks Ended March 3, 2012			Fifty-Two Weeks Ended February 26, 2011
Net sales		100.0	%		100.0	%		100.0	%		100.0	%
Cost of sales (including occupancy costs)		62.8			64.0			64.9			66.3
Gross profit		37.2			36.0			35.1			33.7
Selling, general and administrative expenses		22.3			21.6			25.1			24.6
Store closing costs		0.1			0.1			0.1			—
Impairment charges		0.2			0.3			0.1			0.1
Operating income		14.6			14.0			9.8			9.0
Interest income, net		—			—			—			—
Income from continuing operations before income taxes		14.6			14.0			9.8			9.0
Income tax expense		5.4			5.1			3.6			3.4
Income from continuing operations		9.2			8.9			6.2			5.6
Loss from discontinued operations, net of income taxes		—			—			—			—
Net income		9.2	%		8.9	%		6.2	%		5.6	%

	Condensed Consolidated Balance Sheet
	March 3, 2012			February 26, 2011
		(Unaudited	)
ASSETS
Cash and cash equivalents	$	307,494		$	299,323
Merchandise inventories, net		220,405			193,505
Other current assets		24,849			16,856
Property and equipment, net		126,997			126,510
Other assets		31,751			28,651
Total assets	$	711,496		$	664,845
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities	$	138,683		$	126,420
Deferred credits from landlords		30,080			34,653
Other long-term liabilities		13,196			13,527
Shareholders' equity		529,537			490,245
Total liabilities and shareholders' equity	$	711,496		$	664,845

The Finish Line, Inc.

Reconciliation of GAAP to Non-GAAP Consolidated Statements of Income (Unaudited)

Fourteen Weeks Ended March 3, 2012 and Thirteen Weeks Ended February 26, 2011

(In thousands, except per share data)

		0000000			0000000			0000000			0000000			0000000			0000000
	Fourteen Weeks Ended March 3, 2012									Thirteen Weeks Ended February 26, 2011
	GAAP			Adjustments			Non-GAAP			GAAP			Adjustments			Non-GAAP
Net sales	$	456,260		$	—		$	456,260		$	384,599		$	—		$	384,599
Cost of sales (including occupancy costs)		286,737			—			286,737			246,288			—			246,288
Gross profit		169,523			—			169,523			138,311			—			138,311
Selling, general and administrative expenses		101,811			—			101,811			82,883			—			82,883
Store closing costs		226			—			226			263			—			263
Impairment charges (1)		974			(974	)		—			1,228			(1,228	)		—
Operating income		66,512			974			67,486			53,937			1,228			55,165
Interest income, net		57			—			57			138			—			138
Income from continuing operations before income taxes		66,569			974			67,543			54,075			1,228			55,303
Income tax expense (2)		24,649			371			25,020			19,818			463			20,281
Income from continuing operations		41,920			603			42,523			34,257			765			35,022
Loss from discontinued operations, net of income taxes		—			—			—			(5	)		—			(5	)
Net income	$	41,920		$	603		$	42,523		$	34,252		$	765		$	35,017
Income per diluted share:
Income from continuing operations	$	0.80		$	0.01		$	0.81		$	0.63		$	0.02		$	0.65
Loss from discontinued operations		—			—			—			—			—			—
Net income	$	0.80		$	0.01		$	0.81		$	0.63		$	0.02		$	0.65
Diluted weighted average shares outstanding		52,041			—			52,041			53,467			—			53,467
	Fourteen Weeks Ended March 3, 2012									Thirteen Weeks Ended February 26, 2011
	GAAP			Adjustments			Non-GAAP			GAAP			Adjustments			Non-GAAP
Net sales		100.0	%		—	%		100.0	%		100.0	%		—	%		100.0	%
Cost of sales (including occupancy costs)		62.8			—			62.8			64.0			—			64.0
Gross profit		37.2			—			37.2			36.0			—			36.0
Selling, general and administrative expenses		22.3			—			22.3			21.6			—			21.6
Store closing costs		0.1			—			0.1			0.1			—			0.1
Impairment charges (1)		0.2			(0.2	)		—			0.3			(0.3	)		—
Operating income		14.6			0.2			14.8			14.0			0.3			14.3
Interest income, net		—			—			—			—			—			—
Income from continuing operations before income taxes		14.6			0.2			14.8			14.0			0.3			14.3
Income tax expense (2)		5.4			0.1			5.5			5.1			0.1			5.2
Income from continuing operations		9.2			0.1			9.3			8.9			0.2			9.1
Loss from discontinued operations, net of income taxes		—			—			—			—			—			—
Net income		9.2	%		0.1	%		9.3	%		8.9	%		0.2	%		9.1	%

Footnotes to explain adjustments

(1) Fiscal 2012 and 2011 amounts reflect charges to write down long-lived assets of the Company.

(2) Fiscal 2012 and 2011 amounts reflect the income tax effect of the pre-tax adjustments noted above.

The Finish Line, Inc.

Reconciliation of GAAP to Non-GAAP Consolidated Statements of Income (Unaudited)

Fifty-Three Weeks Ended March 3, 2012 and Fifty-Two Weeks Ended February 26, 2011

(In thousands, except per share data)

	Fifty-Three Weeks Ended March 3, 2012									Fifty-Two Weeks Ended February 26, 2011
	GAAP			Adjustments			Non-GAAP			GAAP			Adjustments			Non-GAAP
Net sales	$	1,369,259		$	—		$	1,369,259		$	1,229,002		$	—		$	1,229,002
Cost of sales (including occupancy costs)		889,130			—			889,130			815,073			—			815,073
Gross profit		480,129			—			480,129			413,929			—			413,929
Selling, general and administrative expenses		343,629			—			343,629			302,718			—			302,718
Store closing costs		1,191			—			1,191			350			—			350
Impairment charges (1)		974			(974	)		—			1,228			(1,228	)		—
Operating income		134,335			974			135,309			109,633			1,228			110,861
Interest income, net		447			—			447			508			—			508
Income from continuing operations before income taxes		134,782			974			135,756			110,141			1,228			111,369
Income tax expense (2)		49,978			371			50,349			41,277			463			41,740
Income from continuing operations		84,804			603			85,407			68,864			765			69,629
Loss from discontinued operations, net of income taxes		—			—			—			(30	)		—			(30	)
Net income	$	84,804		$	603		$	85,407		$	68,834		$	765		$	69,599
Income per diluted share:
Income from continuing operations	$	1.59		$	0.01		$	1.60		$	1.26		$	0.02		$	1.28
Loss from discontinued operations		—			—			—			—			—			—
Net income	$	1.59		$	0.01		$	1.60		$	1.26		$	0.02		$	1.28
Diluted weighted average shares outstanding		52,818			—			52,818			53,775			—			53,775
	Fifty-Three Weeks Ended March 3, 2012									Fifty-Two Weeks Ended February 26, 2011
	GAAP			Adjustments			Non-GAAP			GAAP			Adjustments			Non-GAAP
Net sales		100.0	%		—	%		100.0	%		100.0	%		—	%		100.0	%
Cost of sales (including occupancy costs)		64.9			—			64.9			66.3			—			66.3
Gross profit		35.1			—			35.1			33.7			—			33.7
Selling, general and administrative expenses		25.1			—			25.1			24.6			—			24.6
Store closing costs		0.1			—			0.1			—			—			—
Impairment charges (1)		0.1			(0.1	)		—			0.1			(0.1	)		—
Operating income		9.8			0.1			9.9			9.0			0.1			9.1
Interest income, net		—			—			—			—			—			—
Income from continuing operations before income taxes		9.8			0.1			9.9			9.0			0.1			9.1
Income tax expense (2)		3.6			0.1			3.7			3.4			—			3.4
Income from continuing operations		6.2			—			6.2			5.6			0.1			5.7
Loss from discontinued operations, net of income taxes		—			—			—			—			—			—
Net income		6.2	%		—	%		6.2	%		5.6	%		0.1	%		5.7	%

Footnotes to explain adjustments

(1) Fiscal 2012 and 2011 amounts reflect charges to write down long-lived assets of the Company.

(2) Fiscal 2012 and 2011 amounts reflect the income tax effect of the pre-tax adjustments noted above.

EX-99.2

Exhibit 99.2

Finish Line and Gart Capital Partners Team Up to Accelerate Growth within $1 Billion Specialty Running Segment

INDIANAPOLIS, March 30, 2012 – The Finish Line, Inc. (NASDAQ: FINL) today announced that Gart Capital Partners (GCP) is making a $10 million strategic investment in Finish Line’s Running Specialty Group with the goal of creating the nation’s single largest operator within the growing specialty running business, a market that has been estimated at up to $1 billion. Finish Line remains majority owner of the Running Specialty Group.

The strategic investment pairs Finish Line, a $1.4 billion national athletic footwear and apparel retailer, with GCP, an equity investment partnership that has a proven track record of successfully executing specialty retail rollups, including a 12-year joint venture with Vail Resorts Inc. (NYSE: MTN) that involved more than 150 ski-related shops generating $200 million in annual sales.

The headquarters of the Running Specialty Group will be relocated to Denver, where GCP will manage all day-to-day operations as well as merchandising and the acquisition of additional running operators from its home base there. Finish Line will continue to leverage its strengths as a leading omni-channel retailer, providing direct logistics, marketing and IT support along with digital expertise. In fact, this spring, the Running Specialty Group will launch Run.com, a digital experience for runners that will be the segment’s first to marry content, community and commerce.

For Finish Line, the venture builds upon the 2011 acquisition of an 18-store chain of specialty running shops operating under The Running Company banner. This acquisition represented a first step in pursuing the significant market opportunity within specialty running, which today is a highly fragmented market with limited e-commerce penetration.

“We are excited to take our specialty running growth plans to the next level with GCP,” said Finish Line Chairman and Chief Executive Officer Glenn Lyon. “Like the ski retail business, customers within specialty running prize a shopping experience that is expert, highly localized and infused with the sport’s unique culture. Maintaining the individual personality of each running store concept, while providing the synergies of larger-operator systems and back office support, is critical for success. GCP has a proven track record of demonstrating that these principles can be maintained while simultaneously executing a successful rollup strategy. We look forward to growing this business with GCP and are confident that our association will accelerate progress and perhaps serve as an incubator for expansion outside of specialty running down the road.”

“We are excited to partner with Finish Line to create this innovative approach toward growth in the running specialty channel,” said GCP Partner Ken Gart. “We bring the ability to celebrate the unique culture of independent running stores and maintain what makes them great in their local markets while Finish Line brings the efficiencies of a large scale and expertly run retail operation. We’ve achieved success using this type of model with Vail Resorts in the ski business and look forward to applying the same dynamics to the world of running as we seek out and acquire additional operators. This is a time of change within specialty running and we are out in front leading it.”

About The Finish Line, Inc.

The Finish Line, Inc. is a premium retailer of athletic shoes, apparel and accessories. Headquartered in Indianapolis, the company has two retail divisions — Finish Line, which operates 635 Finish Line brand stores in malls across the U.S., and The Running Specialty Group, which operates 19 specialty running shops in seven states and the District of Columbia under The Running Company banner. Finish Line stores employ more than 11,000 sneakerologists who help customers every day connect with their sport, their life and their style. Online shopping is available at www.finishline.com and mobile shopping is available at m.finishline.com. Follow Finish Line on Twitter at Twitter.com/FinishLine and “like” Finish Line on Facebook at Facebook.com/FinishLineUSA. The Running Company stores carry a deep assortment of performance running shoes, apparel and accessories. Their trained experts advise everyone from beginner to advanced runners and provide free gait analysis to ensure the proper fit for each customer. The Running Company is tightly connected to its communities, hosting regular neighborhood group runs and sponsoring local races. More information on The Running Company can be found at www.therunningcompany.net.

About GCP

Gart Capital Partners (GCP) is a private equity investment partnership located in Denver, Colorado. The firm, a division of The Gart Companies, provides closely held and family owned businesses with private equity capital for ownership transition and growth. The firm currently owns a number of specialty retail businesses including GolfTEC, Magellan’s / Colorado Bag’n Baggage and Swoozie’s as well as a Colorado mountain resort, Powderhorn, and extensive real estate holdings along the front range. The Partners have a unique combination of practical operating experience in managing the day-to-day operations of businesses along with the sophisticated financial background to help independent companies grow.

Safe Harbor

This news release may contain certain statements that the company believes are, or may be considered to be, “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by use of statements that include, but are not limited to, phrases such as “believe”, “future”, “intend”, “plan”, “expect”, “goal”, “will”, “estimate”, “provide”, “maintain”, “continue”, “create”, “launch”, “build”, “accelerate”, “execute”, “potential”, “confidence”, or other similar words, or statements that describe objectives, plans or goals. All of these forward-looking statements are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contemplated by the relevant forward-looking statement. There are several principal risk factors that could cause actual performance and future actions to differ materially from the forward-looking statements, as noted in the company’s Securities and Exchange Commission filings and previous releases. The forward-looking statements included herein are made only as of the date of this report and the company undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Media Contact:	Investor Contact:
Anne Roman	Ed Wilhelm
Corporate Communications	Chief Financial Officer
317-613-6577	317-613-6914