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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 30, 2016
Dec. 25, 2015
Dec. 30, 2016
Dec. 25, 2015
Net sales $ 33,672 $ 44,829 $ 69,507 $ 82,201
Cost of goods sold 24,723 33,223 51,385 62,406
Gross profit 8,949 11,606 18,122 19,795
Marketing, engineering and administrative expenses 12,560 14,592 25,035 29,833
Restructuring expenses 816 515 1,074 515
Other operating expense (income) 56 (445)
Loss from operations (4,427) (3,557) (7,987) (10,108)
Interest expense 122 109 175 200
Other expense (income), net (456) 231 (346) 73
Non-operating income (expense) (334) 340 (171) 273
Loss before income taxes and noncontrolling interest (4,093) (3,897) (7,816) (10,381)
Income tax benefit (1,201) (1,608) (2,253) (3,817)
Net loss (2,892) (2,289) (5,563) (6,564)
Less: Net earnings attributable to noncontrolling interest, net of tax (20) (12) (45) (60)
Net loss attributable to Twin Disc $ (2,912) $ (2,301) $ (5,608) $ (6,624)
Dividends per share (in dollars per share) $ 0.09 $ 0.18
Loss per share data:        
Basic loss per share attributable to Twin Disc common shareholders (in dollars per share) (0.26) (0.21) (0.50) (0.59)
Diluted loss per share attributable to Twin Disc common shareholders (in dollars per share) $ (0.26) $ (0.21) $ (0.50) $ (0.59)
Weighted average shares outstanding data:        
Basic shares outstanding (in shares) 11,242 11,197 11,231 11,196
Dilutive stock awards (in shares)
Diluted shares outstanding (in shares) 11,242 11,197 11,231 11,196
Comprehensive loss:        
Net loss $ (2,892) $ (2,289) $ (5,563) $ (6,564)
Benefit plan adjustments, net of income taxes of $399, $465, $798 and $891, respectively 750 805 1,422 1,544
Foreign currency translation adjustment (4,198) (2,316) (3,515) (4,128)
Comprehensive loss (6,340) (3,800) (7,656) (9,148)
Less: Comprehensive income attributable to noncontrolling interest (31) (19) (112) (48)
Comprehensive loss attributable to Twin Disc $ (6,371) $ (3,819) $ (7,768) $ (9,196)