secwatch.observer — SEC 8-K summary
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Issuer:     STARRETT L S CO (—)
CIK:        0000093676
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0000093676-23-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

L.S. Starrett restates segment reporting for FY2022-2023; no impact on totals
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- On Sept 11, 2023, management and audit committee determined non-reliance on prior segment footnotes.
- Non-reliance periods: FY2022, FY2021 annual; Q1-Q3 FY2022 and FY2023 quarterly reports.
- Error: company incorrectly reported two segments instead of the required three under ASC 280.
- New segments: North America Industrial, International Industrial, Global Test and Measurement.
- Restatement does not affect balance sheet, income statement, or cash flows – only segment disclosures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93676/000009367623000033/0000093676-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93676/000009367623000033/scx-20230911.htm
  HTML page:      https://secwatch.observer/filing/0000093676-23-000033

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