Basic:

Net income (loss)

$

1,099

$

935

$

(1,673

)

$

(148

)

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

(180

)

(5

)

(173

)

(95

)

Net income (loss) attributable to Twin Disc, Incorporated

919

930

(1,846

)

(243

)

Weighted average shares outstanding - basic

13,868

13,718

13,818

13,629

Basic Income (Loss) Per Share:

Net earnings (loss) per share - basic

$

0.07

$

0.07

$

(0.13

)

$

(0.02

)

Diluted:

Net income (loss)

$

1,099

$

935

$

(1,673

)

$

(148

)

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

(180

)

(5

)

(173

)

(95

)

Net income (loss) attributable to Twin Disc, Incorporated

919

930

(1,846

)

(243

)

Weighted average shares outstanding - basic

13,868

13,718

13,818

13,629

Effect of dilutive stock awards

190

205

-

Weighted average shares outstanding - diluted

14,058

13,923

13,818

13,629

Diluted Income (Loss) Per Share:

Net earnings (loss) per share - diluted

$

0.07

$

0.07

$

(0.13

)

$

(0.02

)