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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 166,282,000 $ 265,790,000 $ 263,909,000
Cost of goods sold 125,687,000 182,758,000 186,655,000
Gross profit 40,595,000 83,032,000 77,254,000
Marketing, engineering and administrative expenses 57,113,000 64,264,000 67,406,000
Restructuring expenses 921,000 3,282,000 961,000
Goodwill impairment charge 7,602,000
Other operating expense (income) (445,000)
(Loss) earnings from operations (24,596,000) 15,486,000 8,887,000
Other income (expense):      
Interest income 147,000 124,000 121,000
Interest expense (426,000) (606,000) (936,000)
Other income (expense), net (420,000) 896,000 24,000
Non-operating income (expense) (699,000) 414,000 (791,000)
(Loss) earnings before income taxes and noncontrolling interest (25,295,000) 15,900,000 8,096,000
Income tax (benefit) expense (12,282,000) 4,515,000 4,226,000
Net (loss) earnings (13,013,000) 11,385,000 3,870,000
Less: Net earnings attributable to noncontrolling interest, net of tax (91,000) (212,000) (226,000)
Net (loss) earnings attributable to Twin Disc $ (13,104,000) $ 11,173,000 $ 3,644,000
(Loss) earnings per share data:      
Basic (loss) earnings per share attributable to Twin Disc common shareholders (in dollars per share) $ (1.17) $ 0.99 $ 0.32
Diluted (loss) earnings per share attributable to Twin Disc common shareholders (in dollars per share) $ (1.17) $ 0.99 $ 0.32
Weighted average shares outstanding data:      
Basic shares outstanding (in shares) 11,203 11,273 11,258
Dilutive stock awards (in shares) 4 6
Diluted shares outstanding (in shares) 11,203 11,277 11,264
Comprehensive income (loss):      
Net (loss) earnings $ (13,013,000) $ 11,385,000 $ 3,870,000
Foreign currency translation adjustment (1,557,000) (14,119,000) 3,760,000
Benefit plan adjustments, net of income taxes of ($3,340), ($2,974) and $3,806, respectively (7,080,000) (5,499,000) 6,126,000
Comprehensive income (loss) (21,650,000) (8,233,000) 13,756,000
Less: Comprehensive income attributable to noncontrolling interest (114,000) (132,000) (156,000)
Comprehensive (loss) income attributable to Twin Disc $ (21,764,000) $ (8,365,000) $ 13,600,000