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Starrett L S Co (SCX) SEC Filing 10-K Annual Report for the fiscal year ending Friday, June 30, 2023

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SCX Annual Reports

Starrett L S Co

CIK: 93676 Ticker: SCX
0000093676false00000936762023-09-112023-09-11

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): September 11, 2023

THE L.S. STARRETT COMPANY
(Exact name of registrant as specified in its charter)

Massachusetts1-36704-1866480
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)
121 CRESCENT STREET, ATHOL, MA 01331
(Address of principal executive offices) (Zip Code)
Registrant's telephone number:
978-249-3551

N/A
(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)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class              Trading Symbol(s) Name of each exchange on
     which registered
Image_0  Cover line.jpg
Class A Common Stock, $1.00 par value per share     SCX         New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2of the Securities Exchange Act of 1934 (§ 240 12b-2 of this chapter).

Emerging Growth Company 

If an emerging growth company, indicate by a check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 



The following information was filed by Starrett L S Co (SCX) on Friday, September 15, 2023 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Starrett L S Co.

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Assess how Starrett L S Co's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
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Starrett L S Co's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Cover
Consolidated Balance Sheets
Consolidated Balance Sheets (Parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parentheticals)
Consolidated Statements Of Operations
Consolidated Statements Of Stockholders' Equity
Accrued Expenses
Accrued Expenses (Details)
Accrued Expenses (Tables)
Basis Of Presentation And Summary Of Significant Accounting Policies
Basis Of Presentation And Summary Of Significant Accounting Policies (Details)
Basis Of Presentation And Summary Of Significant Accounting Policies (Policies)
Cash And Cash Equivalents
Cash And Cash Equivalents (Details)
Common Stock
Common Stock (Details)
Concentrations Of Credit Risk
Contingencies And Commitments
Contingencies And Commitments (Details)
Debt
Debt (Tables)
Debt - Debt Schedule (Details)
Debt - Future Maturities Of Debt (Details)
Debt - Narrative (Details)
Debt - Short-Term Debt (Details)
Description Of Business
Employee Benefit And Retirement Plans
Employee Benefit And Retirement Plans (Tables)
Employee Benefit And Retirement Plans - Actual Asset Allocation For The Assets Within The Company's Plans (Details)
Employee Benefit And Retirement Plans - Effect Of 1% Change In Assumed Health Care Cost Trend Rates (Details)
Employee Benefit And Retirement Plans - Future Pension And Other Benefits Payments (Details)
Employee Benefit And Retirement Plans - Narrative (Details)
Employee Benefit And Retirement Plans - Portfolio By Valuation Category (Details)
Employee Benefit And Retirement Plans - Status Of Defined Benefit Plans (Details)
Employee Benefit And Retirement Plans - Status Of The Postretirement Medical And Life Insurance Benefit Plan (Details)
Financial Information By Segment
Financial Information By Segment (Details)
Financial Information By Segment (Tables)
Financial Information By Segment - Schedule Of Financial Results For Reportable Segments (Details)
Goodwill And Intangibles
Goodwill And Intangibles (Tables)
Goodwill And Intangibles - Estimated Aggregate Amortization Expense (Details)
Goodwill And Intangibles - Finite-Lived Intangible Assets (Details)
Goodwill And Intangibles - Narrative (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Components Of Earnings (Loss) Before Income Taxes (Details)
Income Taxes - Deferred Income Taxes (Liabilities) (Details)
Income Taxes - Narrative (Details)
Income Taxes - Provision (Benefit) For Income Taxes (Details)
Income Taxes - Reconciliation Of Expected Tax Expense (Benefit) To Actual Tax Expense (Benefit) (Details)
Income Taxes - Reconciliations Of Unrecognized Tax Benefits (Details)
Inventories
Inventories (Tables)
Inventories - Narrative (Details)
Inventories - Schedule Of Inventories (Details)
Leases
Leases (Tables)
Leases - Narrative (Details)
Leases - Operating Lease Commitments (Details)
Leases - Operating Lease Information (Details)
Other Income And (Expense)
Other Income And (Expense) (Tables)
Other Income And (Expense) - Narrative (Details)
Other Income And (Expense) - Schedule Of Other Income And Expenses (Details)
Property, Plant And Equipment
Property, Plant And Equipment (Tables)
Property, Plant And Equipment - Narrative (Details)
Property, Plant And Equipment - Schedule Of Property, Plant And Equipment (Details)
Restatement
Restatement (Details)
Restatement (Tables)
Restructuring Cost
Restructuring Cost (Details)
Schedule Ii - Valuation And Qualifying Accounts
Schedule Ii - Valuation And Qualifying Accounts (Details)
Schedule Ii - Valuation And Qualifying Accounts (Tables)
Share-Based Compensation - Narrative (Details)
Share-Based Compensation - Schedule Of Stock Option Activity (Details)
Stock-Based Compensation
Stock-Based Compensation (Tables)
Stock-Based Compensation - Stock Options Outstanding Weighted Average Fair Value (Details)
Subsequent Events
Subsequent Events (Details)
Ticker: SCX
CIK: 93676
Form Type: 10-K Annual Report
Accession Number: 0000093676-23-000035
Submitted to the SEC: Fri Sep 15 2023 5:21:57 PM EST
Accepted by the SEC: Fri Sep 15 2023
Period: Friday, June 30, 2023
Industry: Cutlery Handtools And General Hardware

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