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Business Segments
 9 Months Ended
Mar. 28, 2014
Business Segments [Abstract]  
Business Segments
E.            Business Segments

The Company and its subsidiaries are engaged in the manufacture and sale of marine and heavy duty off-highway power transmission equipment.  Principal products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.  The Company sells to both domestic and foreign customers in a variety of market areas, principally pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets.

The Company has two reportable segments: manufacturing and distribution. These segments are managed separately because each provides different services and requires different technology and marketing strategies. The accounting practices of the segments are the same as those described in the summary of significant accounting policies included in the Company's Annual Report on Form 10-K. Transfers among segments are at established inter-company selling prices.  Management evaluates the performance of its segments based on net earnings.

Information about the Company's segments is summarized as follows (in thousands):

 
 
Three Months Ended
  
Nine Months Ended
 
 
 
Mar. 28,
  
Mar. 29,
  
Mar. 28,
  
Mar. 29,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
  
  
  
 
Manufacturing segment sales
 
$
52,957
  
$
56,678
  
$
163,224
  
$
181,874
 
Distribution segment sales
  
28,441
   
31,237
   
90,018
   
95,982
 
Inter/Intra segment elimination - manufacturing
  
(18,233
)
  
(15,124
)
  
(54,452
)
  
(54,203
)
Inter/Intra segment elimination - distribution
  
(2,460
)
  
(4,559
)
  
(8,447
)
  
(14,302
)
 
                
Net sales
 
$
60,705
  
$
68,232
  
$
190,343
  
$
209,351
 
 
                
Manufacturing segment net earnings
 
$
(9
)  
$ 
(75
)
 
$
3,662
  
$
7,814
 
Distribution segment net earnings
  
1,516
   
2,105
   
4,818
   
4,808
 
Corporate and eliminations
  
(1,982
)
  
(2,787
)
  
(7,160
)
  
(8,787
)
 
                
Net (loss) earnings attributable to Twin Disc
 
$ 
(475
)
 
$ 
(757
)
 
$
1,320
  
$
3,835
 
 
                
 
 
    Mar. 28,
  
    June 30,
         
Assets
  
2014
   
2013
         
 
                
Manufacturing segment assets
 
$
264,308
  
$
258,617
         
Distribution segment assets
  
56,340
   
56,965
         
Corporate assets and elimination
                
of intercompany assets
  
(44,802
)
  
(30,124
)
        
 
                
Total assets
 
$
275,846
  
$
285,458