For the Quarter Ended

For the Two Quarters Ended

December 31, 2021

December 25, 2020

December 31, 2021

December 25, 2020

Basic:

Net loss

$

(3,750

)

$

(4,280

)

$

(1,770

)

$

(8,217

)

Less: Net earnings attributable to noncontrolling interest, net of tax

(86

)

(33

)

(144

)

(75

)

Less: Undistributed earnings attributable to unvested shares

-

Net (loss) income attributable to Twin Disc

(3,836

)

(4,313

)

(1,914

)

(8,292

)

Weighted average shares outstanding - basic

13,296

13,255

13,288

13,227

Basic Loss Per Share:

Net loss per share - basic

$

(0.29

)

$

(0.33

)

$

(0.14

)

$

(0.63

)

Diluted:

Net loss

$

(3,750

)

$

(4,280

)

$

(1,770

)

$

(8,217

)

Less: Net earnings attributable to noncontrolling interest, net of tax

(86

)

(33

)

(144

)

(75

)

Less: Undistributed earnings attributable to unvested shares

-

Net (loss) income attributable to Twin Disc

(3,836

)

(4,313

)

(1,914

)

(8,292

)

Weighted average shares outstanding - basic

13,296

13,255

13,288

13,227

Effect of dilutive stock awards

-

Weighted average shares outstanding - diluted

13,296

13,255

13,288

13,227

Diluted Loss Per Share:

Net loss per share - diluted

$

(0.29

)

$

(0.33

)

$

(0.14

)

$

(0.63

)