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Note B - Acquisition of Veth Propulsion Holding BV - Unaudited Supplemental Pro Forma Information (Details) - Veth Propulsion [Member] - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 302,663 $ 296,556
Gross profit [1] 93,918 92,158
Net income attributable to Twin Disc [2] $ 14,227 $ 5,277
Basic income per share attributable to Twin Disc common shareholders (in dollars per share) $ 1.13 $ 0.47
Diluted income per share attributable to Twin Disc common shareholders (in dollars per share) $ 1.12 $ 0.46
Basic (in shares) 12,571 11,295
Diluted (in shares) 12,682 11,395
[1] Gross profit includes the amortization of the step-up of inventories of $4,715 for the year.
[2] In addition to (a), this includes the amortization of intangible assets acquired and interest expense on borrowings under the Credit Agreement net of other expenses, amounting to $4,542 before tax, for the year.