Note K - Shareholders' Equity (Tables)

3 Months Ended

Sep. 25, 2020

Notes Tables

Schedule of Stockholders Equity [Table Text Block]

	Twin Disc, Inc. Shareholders’ Equity
							Accumulated
							Other						Non-
	Common			Retained			Comprehensive			Treasury			Controlling			Total
	Stock			Earnings			Income (Loss)			Stock			Interest			Equity
Balance, June 30, 2019	$	45,047		$	196,472		$	(37,971	)	$	(21,332	)	$	602		$	182,818
Net (loss) income					(6,311	)								18			(6,293	)
Translation adjustments								(3,014	)					18			(2,996	)
Benefit plan adjustments, net of tax								557									557
Unrealized loss on cash flow hedge, net of tax								(143	)								(143	)
Cash dividends														(127	)		(127	)
Compensation expense		459															459
Shares (acquired) issued, net		(2,324	)								1,412						(912	)
Balance, September 27, 2019	$	43,182		$	190,161		$	(40,571	)	$	(19,920	)	$	511		$	173,363

	Twin Disc, Inc. Shareholders’ Equity
							Accumulated
							Other						Non-
	Common			Retained			Comprehensive			Treasury			Controlling		Total
	Stock			Earnings			Income (Loss)			Stock			Interest		Equity
Balance, June 30, 2020	$	42,756		$	156,655		$	(41,226	)	$	(18,796	)	$	569	$	139,958
Net (loss) income					(3,979	)								42		(3,937	)
Translation adjustments								3,600						12		3,612
Benefit plan adjustments, net of tax								553								553
Unrealized gain on cash flow hedge, net of tax								75								75
Compensation expense		518														518
Shares (acquired) issued, net		(2,460	)								2,236					(224	)
Balance, September 25, 2020	$	40,814		$	152,676		$	(36,998	)	$	(16,560	)	$	623	$	140,555

Reconciliation For The Changes In Accumulated Other Comprehensive Income Loss Net Of Tax By Component [Table Text Block]

	Translation			Benefit Plan			Cash Flow
	Adjustment			Adjustment			Hedges
Balance at June 30, 2019	$	4,439		$	(41,901	)	$	(509	)
Translation adjustment during the quarter		(3,014	)		-			-
Amounts reclassified from accumulated other comprehensive income		-			557			(143	)
Net current period other comprehensive (loss) income		(3,014	)		557			(143	)
Balance at September 27, 2019	$	1,425		$	(41,344	)	$	(652	)

	Translation		Benefit Plan			Cash Flow
	Adjustment		Adjustment			Hedges
Balance at June 30, 2020	$	3,454	$	(43,576	)	$	(1,104	)
Translation adjustment during the quarter		3,600		-			-
Amounts reclassified from accumulated other comprehensive income		-		553			75
Net current period other comprehensive income		3,600		553			75
Balance at September 25, 2020	$	7,054	$	(43,023	)	$	(1,029	)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	Amount Reclassified
	Quarter Ended
	September 25, 2020
Changes in benefit plan items
Actuarial losses	$	794	(a)
Transition asset and prior service benefit		(64	)(a)
Total amortization		730
Income taxes		177
Total reclassification net of tax	$	553

	Amount Reclassified
	Quarter Ended
	September 27, 2019
Changes in benefit plan items
Actuarial losses	$	790	(a)
Transition asset and prior service benefit		(64	)(a)
Total amortization		726
Income taxes		169
Total reclassification net of tax	$	557