For the Quarter Ended

For the Two Quarters Ended

December 30, 2022

December 31, 2021

December 30, 2022

December 31, 2021

Basic:

Net income (loss)

$

1,154

$

(3,750

)

$

(777

)

$

(1,770

)

Less: Net earnings attributable to noncontrolling interest

(15

)

(86

)

(112

)

(144

)

Less: Undistributed earnings attributable to unvested shares

-

Net income (loss) attributable to Twin Disc

1,139

(3,836

)

(889

)

(1,914

)

Weighted average shares outstanding - basic

13,460

13,296

13,434

13,288

Basic Loss Per Share:

Net earnings (loss) per share - basic

$

0.08

$

(0.29

)

$

(0.07

)

$

(0.14

)

Diluted:

Net income (loss)

$

1,154

$

(3,750

)

$

(777

)

$

(1,770

)

Less: Net earnings attributable to noncontrolling interest

(15

)

(86

)

(112

)

(144

)

Less: Undistributed earnings attributable to unvested shares

-

Net income (loss) attributable to Twin Disc

1,139

(3,836

)

(889

)

(1,914

)

Weighted average shares outstanding - basic

13,460

13,296

13,434

13,288

Effect of dilutive stock awards

239

-

Weighted average shares outstanding - diluted

13,699

13,296

13,434

13,288

Diluted Income (Loss) Per Share:

Net earnings (loss) per share - diluted

$

0.08

$

(0.29

)

$

(0.07

)

$

(0.14

)