In his AllMusic review, music critic Peter Kurtz wrote that the album was "a few notches down from their best, early material... The strongest song is the title track, which has some nice steel guitar and harmony vocals, but this high point is balanced by the closing number, 'The Dance', a clumsy suite that's burdened by an over-the-top string and horn arrangement... File this under the "treading water" category."^[1]

1. "Indian Summer" (Paul Cotton) – 4:40
2. "Twenty Years" (Cotton) – 3:42
3. "Me and You" (Timothy B. Schmit) – 2:44
4. "Downfall" (Rusty Young) – 4:33
5. "Win or Lose" (Cotton) – 4:40
6. "Living in the Band" (Cotton) – 3:14
7. "Stay (Night Until Noon)" (Timothy B. Schmit, Noreen Schmit) – 3:22
8. "Find Out in Time" (Timothy B. Schmit, Robbin Thompson) – 3:54
9. "The Dance: When the Dance Is Over / Go on and Dance / Never Gonna Stop / When the Dance Is Over (Reprise)" (Young) – 10:05

"Indian Summer"

• Paul Cotton – lead vocals, Gretsch White Falcon
• Timothy B. Schmit – backing vocals, bass
• George Grantham – backing vocals, drums
• Rusty Young – steel and sitar steel guitars
• Steve Forman – percussion, creatures
• Donald Fagen – ARP Odyssey, ARP String Ensemble

"Twenty Years"

• Paul Cotton – lead vocals, lead guitar
• George Grantham – drums
• Timothy B. Schmit – backing vocals, bass
• Rusty Young – steel and lead steel guitars
• Mark Henry Herman – acoustic piano
• Steve Forman – tambourine

"Me and You"

• Timothy B. Schmit – lead vocals, bass
• George Grantham – backing vocals, drums
• Paul Cotton – backing vocals, acoustic and electric guitars
• Rusty Young – steel guitar

"Downfall"

• Rusty Young – lead vocals, Leslie and lead steel guitar, electric guitar
• George Grantham – backing vocals, drums
• Timothy B. Schmit – backing vocals, bass
• Paul Cotton – lead guitar
• Mark Henry Herman – acoustic piano
• Steve Forman – congas, tambourine

"Win or Lose"

• Paul Cotton – lead vocals, Gretsch White Falcon
• George Grantham – backing vocals, drums
• Timothy B. Schmit – backing vocals, bass
• Rusty Young – Leslie and wah-wah steel guitars
• Donald Fagen – ARP String Ensemble

"Living in the Band"

• Paul Cotton – lead vocals, lead guitar
• George Grantham – backing vocals, drums, jawbone, shakers
• Timothy B. Schmit – backing vocals, bass
• Rusty Young – Leslie and lead steel guitars
• Steve Forman – congas

"Stay (Night Until Noon)"

• Timothy B. Schmit – lead vocals, bass
• Paul Cotton – backing vocals, lead guitar
• George Grantham – backing vocals, drums
• Rusty Young – Leslie steel guitar, banjo

"Find Out in Time"

• Timothy B. Schmit – lead vocals, bass, harmonica
• George Grantham – backing vocals, shakers
• Paul Cotton – backing vocals, acoustic and electric guitars
• Rusty Young – Leslie steel guitar, mandolin, banjo
• Steve Forman — surdo

"The Dance"

• Rusty Young –acoustic, slide, electric and Leslie steel guitars
• George Grantham – lead and backing vocals, drums
• Paul Cotton – lead and backing vocals, Gretsch White Falcon
• Timothy B. Schmit – lead and backing vocals, bass, harmonica
• Mark Henry Herman – electric piano, celesta
• Steve Forman – percussion
• Sid Sharp – concertmaster
• Jimmie Haskell – string and horn arrangements

• Poco – producers
• Mark Henry Harman – producer, engineer
• Tim "Zoots" Green – assistant engineer
• Wally Traugott – mastering
• Capitol Studios (Hollywood, California) – mastering location
• Llew Llewellyn – equipment
• Terry Merchant – equipment
• Phil Hartman – cover artwork
• Ron Slenzak – photography
• Dennis Jones – road manager