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Note B - Acquisition of Veth Propulsion Holding BV - Financial Information From Veth Propulsion Included in the Consolidated Statements of Operations (Details) - Veth Propulsion [Member]
$ in Thousands
12 Months Ended
Jun. 30, 2019
USD ($)
Net sales $ 54,909
Gross profit 10,085 [1]
Operating loss (1,281) [2]
Net loss attributable to Twin Disc $ (1,849)
[1] Gross profit includes the non-recurring purchase accounting charge for the step-up of inventories acquired of $4,277 for the year.
[2] In addition to (a), operating loss includes the depreciation of property, plant and equipment and amortization of intangible assets acquired of $2,636 for the year. Operating loss also includes one-time transaction charges related to the acquisition of $461 for the year.