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Note L - Business Segments and Foreign Operations (Tables) | 12 Months Ended
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Jun. 30, 2019
Notes Tables |
Revenue from External Customers by Products and Services [Table Text Block] |
|  | 2019 |  |  | 2018 |
Industrial |  | $ | 34,042 |  |  | $ | 30,888 |
Land-based transmissions |  |  | 112,793 |  |  |  | 107,169 |
Marine and propulsion systems |  |  | 150,237 |  |  |  | 96,785 |
Other |  |  | 5,591 |  |  |  | 5,891 |
Total |  | $ | 302,663 |  |  | $ | 240,733 |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
2019 |  | Manufacturing |  |  | Distribution |  |  | Total |
Net Sales |  | $ | 280,428 |  |  | $ | 106,481 |  |  | $ | 386,909 |
Intra-segment sales |  |  | 20,384 |  |  |  | 14,026 |  |  |  | 34,410 |
Inter-segment sales |  |  | 46,078 |  |  |  | 3,758 |  |  |  | 49,836 |
Interest income |  |  | 1,154 |  |  |  | 26 |  |  |  | 1,180 |
Interest expense |  |  | 3,086 |  |  |  | (37 | ) |  |  | 3,049 |
Income taxes |  |  | 7,939 |  |  |  | 353 |  |  |  | 8,292 |
Depreciation and amortization |  |  | 12,893 |  |  |  | 402 |  |  |  | 13,295 |
Net income attributable to Twin Disc |  |  | 25,062 |  |  |  | 248 |  |  |  | 25,310 |
Assets |  |  | 384,612 |  |  |  | 46,076 |  |  |  | 430,688 |
Expenditures for segment assets |  |  | 10,725 |  |  |  | 663 |  |  |  | 11,388 |
2018 |  | Manufacturing |  |  | Distribution |  |  | Total |
Net Sales |  | $ | 216,383 |  |  | $ | 84,688 |  |  | $ | 301,071 |
Intra-segment sales |  |  | 22,912 |  |  |  | 8,743 |  |  |  | 31,655 |
Inter-segment sales |  |  | 26,074 |  |  |  | 2,609 |  |  |  | 28,683 |
Interest income |  |  | 16 |  |  |  | 18 |  |  |  | 34 |
Interest expense |  |  | 275 |  |  |  | - |  |  |  | 275 |
Income taxes |  |  | 15,782 |  |  |  | 588 |  |  |  | 16,370 |
Depreciation and amortization |  |  | 5,632 |  |  |  | 452 |  |  |  | 6,084 |
Net income attributable to Twin Disc |  |  | 22,799 |  |  |  | 1,067 |  |  |  | 23,866 |
Assets |  |  | 266,417 |  |  |  | 52,230 |  |  |  | 318,647 |
Expenditures for segment assets |  |  | 5,482 |  |  |  | 248 |  |  |  | 5,730 |
Reconciliation of Revenue and Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | 2019 |  |  | 2018 |
Net sales: |  |  |  |  |  |  |  |
Total net sales from reportable segments |  | $ | 386,909 |  |  | $ | 301,071 |
Elimination of inter-company sales |  |  | (84,246 | ) |  |  | (60,338 | )
Total consolidated net sales |  | $ | 302,663 |  |  | $ | 240,733 |
Net income attributable to Twin Disc: |  |  |  |  |  |  |  |
Total net income from reportable segments |  | $ | 25,310 |  |  | $ | 23,866 |
Other adjustments and corporate expenses |  |  | (14,637 | ) |  |  | (14,338 | )
Total consolidated net income attributable to Twin Disc |  | $ | 10,673 |  |  | $ | 9,528 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
|  | Segment |  |  |  |  |  |  | Consolidated |
|  | Totals |  |  | Adjustments |  |  | Totals |
2019 |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 1,180 |  |  | $ | (1,137 | ) |  | $ | 43 |
Interest expense |  |  | 3,049 |  |  |  | (1,122 | ) |  |  | 1,927 |
Income taxes |  |  | 8,292 |  |  |  | (4,581 | ) |  |  | 3,711 |
Depreciation and amortization |  |  | 13,295 |  |  |  | 317 |  |  |  | 13,612 |
Assets |  |  | 430,688 |  |  |  | (83,818 | ) |  |  | 346,870 |
Expenditures for segment assets |  |  | 11,388 |  |  |  | 591 |  |  |  | 11,979 |
2018 |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 34 |  |  | $ | 21 |  |  | $ | 55 |
Interest expense |  |  | 275 |  |  |  | 7 |  |  |  | 282 |
Income taxes |  |  | 16,370 |  |  |  | (11,597 | ) |  |  | 4,773 |
Depreciation and amortization |  |  | 6,084 |  |  |  | 380 |  |  |  | 6,464 |
Assets |  |  | 318,647 |  |  |  | (77,407 | ) |  |  | 241,240 |
Expenditures for segment assets |  |  | 5,730 |  |  |  | 598 |  |  |  | 6,328 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] |
|  | 2019 |  |  | 2018 |
Net sales |  |  |  |  |  |  |  |
United States |  | $ | 132,467 |  |  | $ | 141,705 |
Netherlands |  |  | 31,521 |  |  |  | 4,755 |
China |  |  | 28,772 |  |  |  | 11,664 |
Italy |  |  | 12,755 |  |  |  | 12,551 |
Australia |  |  | 12,463 |  |  |  | 12,479 |
Canada |  |  | 10,464 |  |  |  | 13,397 |
Other countries |  |  | 74,221 |  |  |  | 44,182 |
Total |  | $ | 302,663 |  |  | $ | 240,733 |
|  | 2019 |  |  | 2018 |
Long-lived assets |  |  |  |  |  |
United States |  | $ | 41,233 |  |  | $ | 37,765 |
Netherlands |  |  | 13,186 |  |  |  | - |
Belgium |  |  | 8,595 |  |  |  | 7,576 |
Switzerland |  |  | 6,810 |  |  |  | 6,841 |
Italy |  |  | 1,894 |  |  |  | 2,230 |
Other countries |  |  | 3,298 |  |  |  | 4,905 |
Total |  | $ | 75,016 |  |  | $ | 59,317 |

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