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Profit increases 73.9 percent during the quarter.
Process industries sales for the quarter decreased 9 percent.
Acquisition expands company's offering.
Company's profits jump 20.8 percent compared to fiscal 2015.
Profit declined 2.4 percent year-over-year to $60.9 million.
Profit nearly triples to $152.4 million in the first quarter.
Fourth quarter sales decreased 10 percent year-over-year.
Departure from Rodney Hunt Fontaine product line to be reflected in fiscal 2016 earnings report.
