N-Q 1 main.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-3785

Fidelity Advisor Series I
(Exact name of registrant as specified in charter)

82 Devonshire St., Boston, Massachusetts 02109
(Address of principal executive offices)       (Zip code)

Scott C. Goebel, Secretary

82 Devonshire St.

Boston, Massachusetts 02109
(Name and address of agent for service)

Registrant's telephone number, including area code: 617-563-7000

Date of fiscal year end:

July 31

 

 

Date of reporting period:

April 30, 2012

Item 1. Schedule of Investments

Quarterly Holdings Report

for

Fidelity Advisor® Leveraged
Company Stock Fund
Class A
Class T
Class B
Class C
Institutional Class

April 30, 2012

1.805758.108
ALSF-QTLY-0612

Investments April 30, 2012 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 92.1%

Shares

Value (000s)

CONSUMER DISCRETIONARY - 22.1%

Auto Components - 1.5%

Delphi Automotive PLC

136,700

$ 4,195

Exide Technologies (a)

3,282,263

9,453

Tenneco, Inc. (a)

630,300

19,432

TRW Automotive Holdings Corp. (a)

377,100

17,237

 

50,317

Automobiles - 3.5%

Daimler AG (United States)

153,600

8,474

Ford Motor Co.

5,662,867

63,877

General Motors Co. (a)

1,378,683

31,710

General Motors Co.:

warrants 7/10/16 (a)

365,056

5,144

warrants 7/10/19 (a)

365,056

3,402

 

112,607

Diversified Consumer Services - 4.3%

Service Corp. International (f)

11,469,312

132,815

Stewart Enterprises, Inc. Class A

1,163,232

7,352

 

140,167

Hotels, Restaurants & Leisure - 0.7%

Ameristar Casinos, Inc.

89,900

1,616

Penn National Gaming, Inc. (a)

475,164

21,373

Station Holdco LLC warrants 6/15/18 (a)(h)(i)

116,342

6

 

22,995

Household Durables - 1.7%

Hovnanian Enterprises, Inc. Class A (a)(e)

1,181,000

2,362

Lennar Corp. Class A

576,600

15,995

Newell Rubbermaid, Inc.

1,935,853

35,233

 

53,590

Leisure Equipment & Products - 0.2%

Callaway Golf Co. (e)

1,339,225

8,209

Media - 4.7%

Belo Corp. Series A

136,200

918

Cablevision Systems Corp. - NY Group Class A

438,976

6,506

Cinemark Holdings, Inc.

2,129,655

48,897

Comcast Corp. Class A

2,754,102

83,532

Gray Television, Inc. (a)(e)(f)

3,167,163

5,701

LodgeNet Entertainment Corp. (a)(e)

11,800

27

Nexstar Broadcasting Group, Inc. Class A (a)

819,700

6,353

 

151,934

Common Stocks - continued

Shares

Value (000s)

CONSUMER DISCRETIONARY - continued

Multiline Retail - 0.5%

Target Corp.

283,600

$ 16,432

Specialty Retail - 3.7%

Asbury Automotive Group, Inc. (a)

314,878

8,791

Charming Shoppes, Inc. (a)

2,928,609

17,279

GameStop Corp. Class A (e)

2,602,775

59,239

Sally Beauty Holdings, Inc. (a)

1,303,600

34,676

 

119,985

Textiles, Apparel & Luxury Goods - 1.3%

Coach, Inc.

148,680

10,877

PVH Corp.

338,740

30,080

 

40,957

TOTAL CONSUMER DISCRETIONARY

717,193

CONSUMER STAPLES - 2.5%

Food & Staples Retailing - 0.5%

Whole Foods Market, Inc.

181,391

15,068

Food Products - 1.8%

Darling International, Inc. (a)

2,916,158

47,767

Smithfield Foods, Inc. (a)

457,894

9,597

 

57,364

Personal Products - 0.2%

Revlon, Inc. (a)

459,739

7,852

TOTAL CONSUMER STAPLES

80,284

ENERGY - 8.4%

Energy Equipment & Services - 2.7%

Ensco International Ltd. ADR

90,000

4,919

Halliburton Co.

943,707

32,294

Noble Corp.

366,200

13,938

Oil States International, Inc. (a)

103,500

8,237

Parker Drilling Co. (a)

944,929

4,885

Schlumberger Ltd.

90,600

6,717

Transocean Ltd. (United States)

316,300

15,938

 

86,928

Oil, Gas & Consumable Fuels - 5.7%

Continental Resources, Inc. (a)

199,413

17,798

Forest Oil Corp. (a)

1,097,891

14,624

Common Stocks - continued

Shares

Value (000s)

ENERGY - continued

Oil, Gas & Consumable Fuels - continued

HollyFrontier Corp.

2,585,559

$ 79,687

Peabody Energy Corp.

227,600

7,081

Range Resources Corp.

202,800

13,519

Valero Energy Corp.

1,204,634

29,754

Western Refining, Inc. (e)

1,175,030

22,384

 

184,847

TOTAL ENERGY

271,775

FINANCIALS - 7.2%

Capital Markets - 0.5%

Morgan Stanley

973,900

16,829

Commercial Banks - 2.8%

Huntington Bancshares, Inc.

7,094,120

47,460

Regions Financial Corp.

2,739,606

18,465

SunTrust Banks, Inc.

1,016,000

24,668

 

90,593

Consumer Finance - 0.8%

American Express Co.

409,653

24,665

Diversified Financial Services - 1.0%

Citigroup, Inc.

707,653

23,381

JPMorgan Chase & Co.

213,400

9,172

 

32,553

Insurance - 1.5%

AFLAC, Inc.

530,400

23,889

Assured Guaranty Ltd.

1,042,899

14,788

Lincoln National Corp.

360,400

8,927

 

47,604

Real Estate Investment Trusts - 0.6%

Host Hotels & Resorts, Inc.

832,331

13,850

Sabra Health Care REIT, Inc.

452,492

7,575

 

21,425

TOTAL FINANCIALS

233,669

HEALTH CARE - 7.8%

Health Care Equipment & Supplies - 1.5%

Alere, Inc. (a)

342,292

8,177

Common Stocks - continued

Shares

Value (000s)

HEALTH CARE - continued

Health Care Equipment & Supplies - continued

Boston Scientific Corp. (a)

4,008,200

$ 25,091

Covidien PLC

286,325

15,814

 

49,082

Health Care Providers & Services - 4.1%

Community Health Systems, Inc. (a)

655,424

15,953

DaVita, Inc. (a)

303,353

26,871

HCA Holdings, Inc.

998,521

26,880

Kindred Healthcare, Inc. (a)

89,913

867

Sun Healthcare Group, Inc. (a)

452,492

3,272

Tenet Healthcare Corp. (a)

8,961,624

46,511

Universal Health Services, Inc. Class B

317,795

13,573

 

133,927

Pharmaceuticals - 2.2%

Hospira, Inc. (a)

297,042

10,432

Johnson & Johnson

127,900

8,325

Merck & Co., Inc.

1,321,200

51,844

 

70,601

TOTAL HEALTH CARE

253,610

INDUSTRIALS - 11.1%

Aerospace & Defense - 1.1%

American Science & Engineering, Inc.

69,305

4,526

Teledyne Technologies, Inc. (a)

280,200

18,107

Textron, Inc.

497,300

13,248

 

35,881

Airlines - 2.2%

Delta Air Lines, Inc. (a)

4,355,662

47,738

Southwest Airlines Co.

478,033

3,958

United Continental Holdings, Inc. (a)

309,700

6,789

US Airways Group, Inc. (a)(e)

1,327,800

13,623

 

72,108

Building Products - 1.1%

Armstrong World Industries, Inc.

580,581

25,569

Owens Corning (a)

246,439

8,465

Owens Corning warrants 10/31/13 (a)

193,400

489

 

34,523

Commercial Services & Supplies - 1.4%

Cenveo, Inc. (a)(e)

1,843,318

5,272

Common Stocks - continued

Shares

Value (000s)

INDUSTRIALS - continued

Commercial Services & Supplies - continued

Deluxe Corp.

1,491,927

$ 35,523

R.R. Donnelley & Sons Co. (e)

363,600

4,549

 

45,344

Electrical Equipment - 1.6%

Belden, Inc.

734,542

25,547

Emerson Electric Co.

136,500

7,172

General Cable Corp. (a)

365,868

10,771

Polypore International, Inc. (a)(e)

182,200

6,805

 

50,295

Industrial Conglomerates - 1.2%

Carlisle Companies, Inc.

90,090

4,960

General Electric Co.

896,117

17,546

Tyco International Ltd.

267,791

15,031

 

37,537

Machinery - 1.8%

Edgen Group, Inc. Class A

402,900

3,626

Fiat Industrial SpA

1,365,577

15,492

Ingersoll-Rand PLC

698,377

29,695

Timken Co.

187,566

10,599

 

59,412

Marine - 0.2%

Navios Maritime Holdings, Inc.

1,788,039

6,830

Road & Rail - 0.5%

Avis Budget Group, Inc. (a)

590,870

7,776

Hertz Global Holdings, Inc. (a)

583,000

8,984

 

16,760

TOTAL INDUSTRIALS

358,690

INFORMATION TECHNOLOGY - 13.1%

Communications Equipment - 1.3%

Cisco Systems, Inc.

1,982,651

39,950

JDS Uniphase Corp. (a)

136,700

1,661

 

41,611

Computers & Peripherals - 4.9%

Apple, Inc. (a)

217,987

127,357

EMC Corp. (a)

1,160,700

32,743

 

160,100

Common Stocks - continued

Shares

Value (000s)

INFORMATION TECHNOLOGY - continued

Electronic Equipment & Components - 1.2%

Avnet, Inc. (a)

489,587

$ 17,664

Corning, Inc.

605,400

8,687

DDi Corp.

23,328

303

SMTC Corp. (a)(e)

343,580

1,337

Viasystems Group, Inc. (a)

441,914

9,850

 

37,841

Internet Software & Services - 0.3%

VeriSign, Inc.

194,300

7,988

IT Services - 0.3%

CACI International, Inc. Class A (a)

152,000

9,292

Office Electronics - 0.3%

Xerox Corp.

1,439,358

11,198

Semiconductors & Semiconductor Equipment - 3.8%

Fairchild Semiconductor International, Inc. (a)

1,061,926

15,047

Freescale Semiconductor Holdings I Ltd.

480,700

5,965

Intel Corp.

376,819

10,702

Intersil Corp. Class A

1,177,013

12,088

Micron Technology, Inc. (a)

1,890,455

12,458

NXP Semiconductors NV (a)

224,800

5,811

ON Semiconductor Corp. (a)

7,344,749

60,668

 

122,739

Software - 1.0%

Autodesk, Inc. (a)

236,100

9,295

Citrix Systems, Inc. (a)

190,801

16,334

Microsoft Corp.

91,200

2,920

Nuance Communications, Inc. (a)

180,700

4,416

 

32,965

TOTAL INFORMATION TECHNOLOGY

423,734

MATERIALS - 13.7%

Chemicals - 11.2%

Dow Chemical Co.

695,412

23,561

H.B. Fuller Co.

380,376

12,514

LyondellBasell Industries NV Class A

6,049,821

252,765

OMNOVA Solutions, Inc. (a)(f)

2,609,132

20,456

Phosphate Holdings, Inc. (a)

192,500

924

Solutia, Inc.

554,000

15,700

Common Stocks - continued

Shares

Value (000s)

MATERIALS - continued

Chemicals - continued

TPC Group, Inc. (a)

93,624

$ 3,930

W.R. Grace & Co. (a)

559,341

33,342

 

363,192

Containers & Packaging - 1.7%

Rock-Tenn Co. Class A

614,392

38,295

Sealed Air Corp.

908,851

17,432

 

55,727

Metals & Mining - 0.6%

AngloGold Ashanti Ltd. sponsored ADR

437,500

15,041

Ormet Corp. (a)

500,000

2,525

Ormet Corp. (a)(i)

150,000

758

 

18,324

Paper & Forest Products - 0.2%

Neenah Paper, Inc.

231,700

6,617

TOTAL MATERIALS

443,860

TELECOMMUNICATION SERVICES - 0.9%

Diversified Telecommunication Services - 0.9%

CenturyLink, Inc.

621,786

23,976

Level 3 Communications, Inc. (a)

184,741

4,260

 

28,236

UTILITIES - 5.3%

Independent Power Producers & Energy Traders - 5.3%

Calpine Corp. (a)

2,062,300

38,668

The AES Corp. (a)

10,548,678

132,069

 

170,737

TOTAL COMMON STOCKS

(Cost $2,632,670)


2,981,788

Nonconvertible Preferred Stocks - 0.5%

 

 

 

 

CONSUMER STAPLES - 0.2%

Personal Products - 0.2%

Revlon, Inc. Series A 12.75%

1,007,783

5,724

Nonconvertible Preferred Stocks - continued

Shares

Value (000s)

FINANCIALS - 0.3%

Diversified Financial Services - 0.3%

GMAC Capital Trust I Series 2, 8.125%

360,987

$ 8,646

TOTAL NONCONVERTIBLE PREFERRED STOCKS

(Cost $22,062)


14,370

Nonconvertible Bonds - 0.7%

 

Principal Amount (000s)

 

CONSUMER DISCRETIONARY - 0.6%

Automobiles - 0.0%

General Motors Corp.:

6.75% 5/1/28 (d)

$ 2,515

17

7.125% 7/15/13 (d)

6,805

46

7.2% 1/15/11 (d)

18,790

126

8.25% 7/15/23 (d)

20,460

137

8.375% 7/15/33 (d)

41,210

276

8.8% 3/1/21 (d)

8,800

59

 

661

Household Durables - 0.0%

K. Hovnanian Enterprises, Inc. 8.625% 1/15/17

910

555

Multiline Retail - 0.6%

The Bon-Ton Department Stores, Inc. 10.25% 3/15/14

22,255

18,249

TOTAL CONSUMER DISCRETIONARY

19,465

FINANCIALS - 0.1%

Commercial Banks - 0.1%

Regions Bank 6.45% 6/26/37

4,570

4,547

TOTAL NONCONVERTIBLE BONDS

(Cost $21,823)


24,012

Floating Rate Loans - 0.3%

 

INDUSTRIALS - 0.2%

Airlines - 0.2%

US Airways Group, Inc. term loan 2.7398% 3/23/14 (g)

8,883

8,494

Floating Rate Loans - continued

 

Principal Amount (000s)

Value (000s)

UTILITIES - 0.1%

Electric Utilities - 0.1%

Texas Competitive Electric Holdings Co. LLC/Texas Competitive Electric Holdings Finance, Inc. Tranche B, term loan 4.7413% 10/10/17 (g)

$ 4,289

$ 2,380

TOTAL FLOATING RATE LOANS

(Cost $11,618)


10,874

Money Market Funds - 7.8%

Shares

 

Fidelity Cash Central Fund, 0.14% (b)

203,394,766

203,395

Fidelity Securities Lending Cash Central Fund, 0.14% (b)(c)

50,476,092

50,476

TOTAL MONEY MARKET FUNDS

(Cost $253,871)


253,871

TOTAL INVESTMENT PORTFOLIO - 101.4%

(Cost $2,942,044)

3,284,915

NET OTHER ASSETS (LIABILITIES) - (1.4)%

(46,274)

NET ASSETS - 100%

$ 3,238,641

Legend

(a) Non-income producing

(b) Affiliated fund that is available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(c) Investment made with cash collateral received from securities on loan.

(d) Non-income producing - Security is in default.

(e) Security or a portion of the security is on loan at period end.

(f) Affiliated company

(g) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(h) Investment is owned by an entity that is treated as a corporation for U.S. tax purposes which is owned by the Fund.

(i) Restricted securities - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $764,000 or 0.0% of net assets.

Additional information on each restricted holding is as follows:

Security

Acquisition Date

Acquisition Cost (000s)

Ormet Corp.

5/14/07

$ 3,263

Station Holdco LLC warrants 6/15/18

10/28/08 - 12/1/08

$ 4,743

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund

Income earned
(Amounts in thousands)

Fidelity Cash Central Fund

$ 125

Fidelity Securities Lending Cash Central Fund

1,237

Total

$ 1,362

Other Affiliated Issuers

An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are as follows:

Affiliate
(Amounts in thousands)

Value,
beginning of
period

Purchases

Sales
Proceeds

Dividend
Income

Value,
end of
period

Gray Television, Inc.

$ 7,696

$ -

$ -

$ -

$ 5,701

OMNOVA Solutions, Inc.

15,521

1,650

-

-

20,456

Service Corp. International

134,599

1,717

17,359

1,885

132,815

Total

$ 157,816

$ 3,367

$ 17,359

$ 1,885

$ 158,972

Other Information

The following is a summary of the inputs used, as of April 30, 2012, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section at the end of this listing.

Valuation Inputs at Reporting Date:

Description
(Amounts in thousands)

Total

Level 1

Level 2

Level 3

Investments in Securities:

Equities:

Consumer Discretionary

$ 717,193

$ 717,187

$ -

$ 6

Consumer Staples

86,008

80,284

-

5,724

Energy

271,775

271,775

-

-

Financials

242,315

242,315

-

-

Health Care

253,610

253,610

-

-

Industrials

358,690

358,690

-

-

Information Technology

423,734

423,734

-

-

Materials

443,860

443,860

-

-

Telecommunication Services

28,236

28,236

-

-

Utilities

170,737

170,737

-

-

Corporate Bonds

24,012

-

23,351

661

Floating Rate Loans

10,874

-

10,874

-

Money Market Funds

253,871

253,871

-

-

Total Investments in Securities:

$ 3,284,915

$ 3,244,299

$ 34,225

$ 6,391

The following is a reconciliation of Investments in Securities for which Level 3 inputs were used in determining value:

(Amounts in thousands)

 

Investments in Securities:

Beginning Balance

$ 6,861

Total Realized Gain (Loss)

-

Total Unrealized Gain (Loss)

(127)

Cost of Purchases

-

Proceeds of Sales

(1,024)

Amortization/Accretion

681

Transfers in to Level 3

-

Transfers out of Level 3

-

Ending Balance

$ 6,391

The change in unrealized gain (loss) for the period attributable to Level 3 securities held at April 30, 2012

$ (127)

The information used in the above reconciliation represents fiscal year to date activity for any Investments in Securities identified as using Level 3 inputs at either the beginning or the end of the current fiscal period. Transfers in or out of Level 3 represent the beginning value of any Security or Instrument where a change in the pricing level occurred from the beginning to the end of the period. The cost of purchases and the proceeds of sales may include securities received or delivered through corporate actions or exchanges.

Income Tax Information

At April 30, 2012, the cost of investment securities for income tax purposes was $2,941,394,000. Net unrealized appreciation aggregated $343,521,000, of which $626,403,000 related to appreciated investment securities and $282,882,000 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund uses independent pricing services approved by the Board of Trustees to value its investments. When current market prices or quotations are not readily available or reliable, valuations may be determined in good faith in accordance with procedures adopted by the Board of Trustees. Factors used in determining value may include market or security specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The value used for net asset value calculation under these procedures may differ from published prices for the same securities. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments. Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.). Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when significant market or security specific events arise, comparisons to the valuation of American Depositary Receipts, futures contracts, Exchange-traded funds (ETFs) and certain indexes as well as quoted prices for similar securities are used and are categorized as Level 2 in the hierarchy in these circumstances. Utilizing these techniques may result in transfers between Level 1 and Level 2. For restricted equity securities and private placements where observable inputs are limited, assumptions about market activity and risk are used and these securities are categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from independent pricing services or from dealers who make markets in such securities. For corporate bonds and floating rate loans, pricing services utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as dealer supplied prices and are generally categorized as Level 2 in the hierarchy.

When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing matrices which consider similar factors that would be used by independent pricing services. These are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

For additional information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please visit advisor.fidelity.com or call Fidelity at 1-877-208-0098 for a free copy of the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC

or an affiliate.

Quarterly Report

Item 2. Controls and Procedures

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Advisor Series I's (the "Trust") disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(a)(ii) There was no change in the Trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the Trust's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 3. Exhibits

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fidelity Advisor Series I

By:

/s/Kenneth B. Robins

 

Kenneth B. Robins

 

President and Treasurer

 

 

Date:

June 29, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:

/s/Kenneth B. Robins

 

Kenneth B. Robins

 

President and Treasurer

 

 

Date:

June 29, 2012

By:

/s/Christine Reynolds

 

Christine Reynolds

 

Chief Financial Officer

 

 

Date:

June 29, 2012