text: Income taxes on undistributed earnings of non-U.S. subsidiaries 
  
  are not accrued for the portion of such earnings management 
  
  considers to be permanently reinvested. At June 30, 2012, 
  
  undistributed earnings of non-U.S. subsidiaries considered 
  
  permanently reinvested totaled approximately $79.8 million for 
  
  which no provision for U.S. income tax had been made. At 
  
  June 30, 2012, undistributed earnings of non-U.S. subsidiaries 
  
  not considered permanently reinvested totaled $13.6 million for 
  
  which $2.8 million in U.S. income taxes were accrued and 
  
  charged to income tax expense during fiscal 2011. 
  
  CAUTIONARY STATEMENT UNDER PRIVATE 
  
  SECURITIES LITIGATION 
  
  REFORM ACT 
  
  This Annual Report to Shareholders, including Management’s 
  
  Discussion and Analysis, contains statements that are forward- 
  
  looking based on management’s current expectations about the 
  
  future. Forward-looking statements are often identified by 
  
  qualifiers, such as “guidance,” “expect,” “believe,” “plan,” 
  
  “intend,” “will,” “should,” “could,” “would,” “anticipate,” 