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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 27, 2019
Sep. 28, 2018
Net Sales $ 59,290 $ 74,689
Cost of goods sold 49,654 50,704
Gross profit 9,636 23,985
Marketing, engineering and administrative expenses 16,346 18,986
Restructuring expenses 121 173
(Loss) income from operations (6,831) 4,826
Interest expense 389 717
Other expense (income), net 691 319
Non-operating income (expense) 1,080 1,036
(Loss) income before income taxes and noncontrolling interest (7,911) 3,790
Income tax (benefit) expense (1,618) 887
Net (loss) income (6,293) 2,903
Less: Net earnings attributable to noncontrolling interest, net of tax (18) (41)
Net (loss) income attributable to Twin Disc $ (6,311) $ 2,862
(Loss) income per share data:    
Basic (loss) income per share attributable to Twin Disc common shareholders (in dollars per share) $ (0.48) $ 0.24
Diluted (loss) income per share attributable to Twin Disc common shareholders (in dollars per share) $ (0.48) $ 0.24
Weighted average shares outstanding data:    
Basic shares outstanding (in shares) 13,111 11,722
Diluted shares outstanding (in shares) 13,111 11,799
Comprehensive (loss) income    
Net (loss) income $ (6,293) $ 2,903
Benefit plan adjustments, net of income taxes of $169 and $146, respectively 557 471
Foreign currency translation adjustment (2,996) (561)
Unrealized loss on cash flow hedge, net of income taxes of $44 and $0, respectively (143)
Comprehensive (loss) income (8,875) 2,813
Less: Comprehensive income attributable to noncontrolling interest (36) (16)
Comprehensive (loss) income attributable to Twin Disc $ (8,911) $ 2,797