PERFORMANCE GRAPH
The following graph sets forth information comparing the cumulative total return to holders of the Company’s Class A common stock over the last five fiscal years with (1) the cumulative total return of the Russell 2000 Index (“Russell 2000”) and (2) a peer group index (the “Peer Group”) reflecting the cumulative total returns of certain small cap manufacturing companies as described below. The peer group is comprised of the following companies: Acme United, Q.E.P. Co. Inc., Badger Meter, Federal Screw Works, National Presto Industries, Regal-Beloit Corp., Tecumseh Products Co., Tennant Company, The Eastern Company and WD-40.
BASE 0STARRETT
RUSSELL 2000 PEER GROUP
Item 6 - Selected Financial Data
The following selected condensed financial data has been derived from and should be read in conjunction with “Management Discussion and Analysis of Financial Condition and Results of Operations” and our Consolidated Financial Statements and notes thereto, included elsewhere in this annual report on Form 10-K.
2012 Net sales Net earnings (loss)
Basic earnings (loss) per share Diluted earnings (loss) per share Long-term debt Total assets
Dividends per share
Years ended in June ($000 except per share data) 2011
2010 29,387
252,166 0.40
6,845 1.02 1.02 721
(8,021) (1.20) (1.20) 706
2009
(23,429) (3.54) (3.54) 1,264
20081
$ 260,148 $ 244,841 $ 203,662 $ 203,659 $ 242,371 888 0.13 0.13
227,179 0.32
200,134 0.30
194,241 0.48
10,356 1.57 1.57
5,834
250,285 0.52
1 As adjusted for the correction of an immaterial error in the accounting for the estimate of a potential income tax exposure as more fully described in Note 17 to the accompanying financial statements. To correct this immaterial error, we increased income tax expense and reduced net earnings by $677,000 in fiscal 2008. The correction of this error also reduced basic and diluted earnings per share by $0.11.
10 B10
100.00 100.00 100.00
FY2008
132.91 83.81
104.82
FY2009
39.84 62.84 90.89
FY2010
57.47 76.35
120.34
FY2011 63.59
104.91 140.18
FY2012 74.22
102.73 136.17
10-K
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