Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

TWIN DISC, INCORPORATED AND SUBSIDIARIES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

for the years ended June 30, 2016, 2015 and 2014 (in thousands)

Description	Balance at Beginning of Period		Charged to Costs and Expenses		Deductions (1)		Balance at End of Period
2016:
Allowance for losses on accounts receivable	$	2,183	$	237	$	596	$	1,824
Deferred tax valuation allowance	$	3,577	$	257	$	711	$	3,123
2015:
Allowance for losses on accounts receivable	$	3,637	$	304	$	1,758	$	2,183
Deferred tax valuation allowance	$	5,593	$	805	$	2,821	$	3,577
2014:
Allowance for losses on accounts receivable	$	2,884	$	1,169	$	416	$	3,637
Deferred tax valuation allowance	$	3,724	$	2,140	$	271	$	5,593

(1) Activity primarily represents amounts written-off during the year, along with other adjustments (primarily foreign currency translation adjustments).