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Shareholders' Equity (Tables)
9 Months Ended
Mar. 28, 2014
Shareholders' Equity [Abstract]  
Reconciliation of Equity Balances
The following is a reconciliation of the Company's equity balances for the first fiscal nine months of 2013 and 2014 (in thousands):
 
 
 
Twin Disc, Inc. Shareholders' Equity
  
  
 
 
 
  
  
Accumulated
  
  
  
 
 
 
  
  
Other
  
  
Non-
  
 
 
 
Common
  
Retained
  
Comprehensive
  
Treasury
  
Controlling
  
Total
 
 
 
Stock
  
Earnings
  
Income (Loss)
  
Stock
  
Interest
  
Equity
 
Balance –June 30, 2012
 
$
12,759
  
$
184,306
  
(34,797
)
 
(26,781
)
 
$
1,022
  
$
136,509
 
 
                        
Net income
      
3,835
           
243
   
4,078
 
Translation adjustments
          
2,557
       
(37
)
  
2,520
 
Benefit plan adjustments, net of tax
          
1,996
           
1,996
 
Cash dividends
      
(3,067
)
          
(205
)
  
(3,272
)
Compensation expense and
                        
windfall tax benefits
  
2,579
                   
2,579
 
Shares (acquired) issued, net
  
(2,937
)
          
(1,642
)
      
(4,579
)
Balance-March 29, 2013
 
$
12,401
  
$
185,074
  
(30,244
)
 
(28,423
)
 
$
1,023
  
$
139,831
 
 
                        
 
 
Twin Disc, Inc. Shareholders' Equity
         
 
         
Accumulated
             
 
         
Other
      
Non-
     
 
 
Common
  
Retained
  
Comprehensive
  
Treasury
  
Controlling
  
Total
 
 
 
Stock
  
Earnings
  
Income (Loss)
  
Stock
  
Interest
  
Equity
 
Balance-June 30, 2013
 
$
13,183
  
$
184,110
  
(25,899
)
 
(28,890
)
 
$
1,058
  
$
143,562
 
Net income
      
1,320
           
168
   
1,488
 
Translation adjustments
          
4,137
       
(84
)
  
4,053
 
Benefit plan adjustments, net of tax
          
1,506
           
1,506
 
Cash dividends
      
(3,045
)
          
(487
)
  
(3,532
)
Compensation expense and
                        
windfall tax benefits
  
1,457
                   
1,457
 
Shares (acquired) issued, net
  
(2,964
)
          
795
       
(2,169
)
Balance-March 28, 2014
 
$
11,676
  
$
182,385
  
(20,256
)
 
(28,095
)
 
$
655
  
$
146,365