Note K - Shareholders' Equity (Tables)

3 Months Ended

Sep. 24, 2021

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, 2021	$	40,972		$	126,936	$	(22,615	)	$	(15,083	)	$	450	$	130,660
Net income					1,920								60		1,980
Translation adjustments							(2,014	)					76		(1,938	)
Benefit plan adjustments, net of tax							384								384
Unrealized gain on hedges, net of tax							204								204
Compensation expense		625													625
Shares (acquired) issued, net		(432	)							141					(291	)
Balance, September 24, 2021	$	41,165		$	128,856	$	(24,041	)	$	(14,942	)	$	586	$	131,624

	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			Net Investment
	Adjustment			Adjustment			Hedges			Hedges
Balance at June 30, 2021	$	9,192		$	(31,463	)	$	(678	)	$	334
Translation adjustment during the quarter		(2,014	)		-			-			-
Amounts reclassified from accumulated other comprehensive income		-			384			68			136
Net current period other comprehensive (loss) income		(2,014	)		384			68			136
Balance at September 24, 2021	$	7,178		$	(31,079	)	$	(610	)	$	470

	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 24, 2021
Changes in benefit plan items
Actuarial losses	$	565	(a)
Transition asset and prior service benefit		(64	) (a)
Total amortization		501
Income taxes		117
Total reclassification net of tax	$	384

	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