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Note B - Acquisition of Veth Propulsion Holding BV (Tables) | 12 Months Ended
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Jun. 30, 2019
Notes Tables |
Schedule of Business Acquisitions by Acquisition, Consideration Transferred [Table Text Block] |
Cash, paid at closing and after agreed-upon working capital adjustments |  | $ | 59,407 |
Fair value of contingent consideration at acquisition date |  |  | 2,921 |
Total |  | $ | 62,328 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Fair Value of Assets Acquired |  |  |  |
Cash, including restricted cash |  | $ | 1,078 |
Accounts receivable and other current assets |  |  | 10,437 |
Inventories |  |  | 26,862 |
Property, plant and equipment |  |  | 2,661 |
Intangibles (a) |  |  | 26,500 |
Accounts payable and accrued liabilities |  |  | (21,208 | )
Deferred tax liability |  |  | (8,001 | )
Total net assets acquired |  |  | 38,329 |
Goodwill (b) |  |  | 23,999 |
Total consideration |  | $ | 62,328 |
Business Acquisition, Pro Forma Information, Actual [Table Text Block] |
|  | Year Ended |
|  | June 30, 2019 |
Net sales |  | $ | 54,909 |
Gross profit (a) |  |  | 10,085 |
Operating loss (b) |  |  | (1,281 | )
Net loss attributable to Twin Disc |  |  | (1,849 | )
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Year Ended |  | Year Ended |
|  | June 30, 2019 |  | June 30, 2018 |
Net sales | $ | 302,663 |  | $ | 296,556 |
Gross profit (a) |  | 93,918 |  |  | 92,158 |
Net income attributable to Twin Disc (b) |  | 14,227 |  |  | 5,277 |
Basic income per share attributable to Twin Disc common shareholders | $ | 1.13 |  | $ | 0.47 |
Diluted income per share attributable to Twin Disc common shareholders | $ | 1.12 |  | $ | 0.46 |
Weighted average number of common shares outstanding: |  |  |  |  |  |
Basic |  | 12,571 |  |  | 11,295 |
Diluted |  | 12,682 |  |  | 11,395 |

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