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Note S - Earnings Per Share (Tables) | 12 Months Ended
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Jun. 30, 2019
Notes Tables |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | 2019 |  |  | 2018 |
Basic: |  |  |  |  |  |  |  |
Net income |  | $ | 10,796 |  |  | $ | 9,647 |
Less: Net earnings attributable to noncontrolling interest |  |  | (123 | ) |  |  | (119 | )
Less: Undistributed earnings attributable to unvested shares |  |  | (148 | ) |  |  | (222 | )
Net income available to Twin Disc shareholders |  |  | 10,525 |  |  |  | 9,306 |
Weighted average shares outstanding - basic |  |  | 12,571 |  |  |  | 11,295 |
Basic Income Per Share: |  |  |  |  |  |  |  |
Net income per share - basic |  | $ | 0.84 |  |  | $ | 0.82 |
Diluted: |  |  |  |  |  |  |  |
Net income |  | $ | 10,796 |  |  | $ | 9,647 |
Less: Net earnings attributable to noncontrolling interest |  |  | (123 | ) |  |  | (119 | )
Less: Undistributed earnings attributable to unvested shares |  |  | (148 | ) |  |  | (222 | )
Net income available to Twin Disc shareholders |  |  | 10,525 |  |  |  | 9,306 |
Weighted average shares outstanding - basic |  |  | 12,571 |  |  |  | 11,295 |
Effect of dilutive stock awards |  |  | 111 |  |  |  | 100 |
Weighted average shares outstanding - diluted |  |  | 12,682 |  |  |  | 11,395 |
Diluted Income Per Share: |  |  |  |  |  |  |  |
Net income per share - diluted |  | $ | 0.83 |  |  | $ | 0.82 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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