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Note E - Business Segments
 6 Months Ended
Dec. 30, 2016
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
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.  Its segment structure reflects the way management makes operating decisions and manages the growth and profitability of the business. It also corresponds with management’s approach of allocating resources and assessing the performance of its segments.
The accounting practices of the segments are the same as those described in the summary of significant accounting policies. 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:
 
   
For the Quarter Ended
    
For the Two Quarters Ended
  
   
December 30,
2016
    
December 25,
2015
    
December 30,
2016
    
December 25,
2015
  
Net sales
                                
Manufacturing segment sales
   $
29,472
    $
38,518
    $
59,971
    $
67,575
 
Distribution segment sales
    
14,291
     
17,544
     
29,686
     
38,268
 
Inter/Intra segment elimination - manufacturing
    
(8,229
 )    
(9,401
 )    
(16,355
 )    
(17,879
 )
Inter/Intra segment elimination – distribution
    
(1,862
 )    
(1,832
 )    
(3,795
 )    
(5,763
 )
    $
33,672
    $
44,829
    $
69,507
    $
82,201
 
Net loss attributable to Twin Disc
                                
Manufacturing segment net loss
   $
(1,459
 )   $
(1,317
 )   $
(2,879
 )   $
(4,164
 )
Distribution segment net earnings
    
496
     
95
     
767
     
648
 
Corporate and eliminations
    
(1,949
 )    
(1,079
 )    
(3,496
 )    
(3,108
 )
    $
(2,912
 )   $
(2,301
 )   $
(5,608
 )   $
(6,624
 )
 
   
December 30,
2016
    
June 30,
2016
                  
Assets
                            
Manufacturing segment assets
   $
211,930
    $
221,590
                 
Distribution segment assets
    
47,613
     
52,719
                 
Corporate assets and elimination of intercompany assets
    
(57,121
 )    
(60,387
 )                
    $
202,422
    $
213,922