10-K


THE L.S. STARRETT COMPANY Consolidated Balance Sheets (in thousands except share data)


June 30, 2012


ASSETS Current assets: Cash


Short-term investments Accounts receivable (less allowance for doubtful accounts of $965 and $416,


respectively) Inventories


Current deferred tax asset


Prepaid expenses and other current assets Total current assets


Property, plant and equipment, net Taxes receivable


Deferred tax assets, net Intangible assets, net Goodwill


Other assets Total assets


LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Notes payable and current maturities Accounts payable and accrued expenses Accrued compensation


Total current liabilities Deferred tax liabilities


Other tax obligations, as adjusted (Note 17) Long-term debt


Postretirement benefit and pension obligations Total liabilities


Stockholders’ equity: Class A common stock $1 par (20,000,000 shares authorized; 6,017,227 outstanding at June 30, 2012 and 5,933,059 outstanding at June 30, 2011)


Class B common stock $1 par (10,000,000 shares authorized; 753,307 outstanding at June 30, 2012 and 800,868 outstanding at June 30, 2011) Additional paid-in capital, as adjusted (Note 17) Retained earnings, as adjusted (Note 17) Accumulated other comprehensive loss


Total stockholders’ equity Total liabilities and stockholders’ equity $ See notes to consolidated audited financial statements $ $


42,167 69,895 7,620 7,764


151,230 53,597 29,842 3,034


3,814 8,755 1,894


252,166 $ 1,800 $


20,912 7,299


30,011 2,530


10,590 29,387 51,810


124,328


6,017 753


51,941 94,661


(25,534) 127,838


252,166 $


45,567 58,789 6,100 5,494


143,943 56,265 21,407 -


1,739 227,179 8,238


22,030 7,129


37,397 2,806


11,127 721


22,467 74,518


5,933 801


51,411 96,477 (1,961)


152,661 227,179


3,594 231


$


17,502 $ 6,282


June 30, 2011


21,572 6,421


19 B19


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