text: prior year’s 6.8%. Our earnings per share was $2.54 versus $2.24 
  Net sales in fiscal 2012 were $2.4 billion, which was $162.6 million 
  in fiscal year 2011, an increase of 13.4%. 
  or 7.3% above the prior year, driven by improvements in the 
  Our consolidated balance sheet remains strong. Shareholders’ 
  industrial economy as well as a continued focus on profitable sales 
  equity is $672.1 million, up from $633.6 million at June 30, 2011. 
  growth. Incremental net sales from companies acquired since the 
  Working capital increased $31.4 million from June 30, 2011 to 
  prior year period contributed approximately $16.6 million or 0.7%. 
  $435.6 million at June 30, 2012. Our current ratio remains strong 
  Currency translation decreased fiscal year sales by approximately 
  at 2.9 to 1, consistent with the June 30, 2011 level. 
  $1.8 million or 0.1%. In local currency, net sales from our 
  
  Applied monitors several economic indices that have been key 