Note M - Earnings Per Share (Tables)

9 Months Ended

Mar. 27, 2020

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Quarter Ended						For the Three Quarters Ended
	March 27, 2020			March 29, 2019			March 27, 2020			March 29, 2019
Basic:
Net (loss) income	$	(25,176	)	$	4,587		$	(37,935	)	$	11,569
Less: Net earnings attributable to noncontrolling interest		(54	)		(27	)		(122	)		(75	)
Less: Undistributed earnings attributable to unvested shares		-			(59	)		-			(166	)
Net (loss) income available to Twin Disc shareholders		(25,230	)		4,501			(38,057	)		11,328
Weighted average shares outstanding - basic		13,175			12,914			13,147			12,437
Basic (Loss) Income Per Share:
Net (loss) income per share - basic	$	(1.92	)	$	0.35		$	(2.89	)	$	0.91
Diluted:
Net (loss) income	$	(25,176	)	$	4,587		$	(37,935	)	$	11,569
Less: Net earnings attributable to noncontrolling interest		(54	)		(27	)		(122	)		(75	)
Less: Undistributed earnings attributable to unvested shares		-			(59	)		-			(166	)
Net (loss) income available to Twin Disc shareholders		(25,230	)		4,501			(38,057	)		11,328
Weighted average shares outstanding - basic		13,175			12,914			13,147			12,437
Effect of dilutive stock awards		-			232			-			215
Weighted average shares outstanding - diluted		13,175			13,146			13,147			12,652
Diluted (Loss) Income Per Share:
Net (loss) income per share - diluted	$	(1.92	)	$	0.34		$	(2.89	)	$	0.90