Basic:

Net income (loss)

$

935

$

1,761

$

(148

)

$

436

Less: Net earnings attributable to noncontrolling interest

(5

)

(15

)

(95

)

(112

)

Less: Undistributed earnings attributable to unvested shares

-

Net income (loss) attributable to Twin Disc

930

1,746

(243

)

324

Weighted average shares outstanding - basic

13,718

13,460

13,629

13,434

Basic Loss Per Share:

Net earnings (loss) per share - basic

$

0.07

$

0.13

$

(0.02

)

$

0.02

Diluted:

Net income (loss)

$

935

$

1,761

$

(148

)

$

436

Less: Net earnings attributable to noncontrolling interest

(5

)

(15

)

(95

)

(112

)

Less: Undistributed earnings attributable to unvested shares

-

Net income (loss) attributable to Twin Disc

930

1,746

(243

)

324

Weighted average shares outstanding - basic

13,718

13,460

13,629

13,434

Effect of dilutive stock awards

205

239

-

215

Weighted average shares outstanding - diluted

13,923

13,699

13,629

13,649

Diluted Income (Loss) Per Share:

Net earnings (loss) per share - diluted

$

0.07

$

0.13

$

(0.02

)

$

0.02