XML 59 R31.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Note M - Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Dec. 27, 2019
Notes Tables |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | For the Quarter Ended |  |  | For the Two Quarters Ended |
|  | December 27, 2019 |  |  | December 28, 2018 |  |  | December 27, 2019 |  |  | December 28, 2018 |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (6,466 | ) |  | $ | 4,079 |  |  | $ | (12,759 | ) |  | $ | 6,982 |
Less: Net earnings attributable to noncontrolling interest |  |  | (50 | ) |  |  | (6 | ) |  |  | (68 | ) |  |  | (47 | )
Less: Undistributed earnings attributable to unvested shares |  |  | - |  |  |  | (53 | ) |  |  | - |  |  |  | (105 | )
Net (loss) income available to Twin Disc shareholders |  |  | (6,516 | ) |  |  | 4,020 |  |  |  | (12,827 | ) |  |  | 6,830 |
Weighted average shares outstanding - basic |  |  | 13,164 |  |  |  | 12,909 |  |  |  | 13,135 |  |  |  | 12,233 |
Basic (Loss) Income Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income per share - basic |  | $ | (0.49 | ) |  | $ | 0.31 |  |  | $ | (0.98 | ) |  | $ | 0.56 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (6,466 | ) |  | $ | 4,079 |  |  | $ | (12,759 | ) |  | $ | 6,982 |
Less: Net earnings attributable to noncontrolling interest |  |  | (50 | ) |  |  | (6 | ) |  |  | (68 | ) |  |  | (47 | )
Less: Undistributed earnings attributable to unvested shares |  |  | - |  |  |  | (53 | ) |  |  | - |  |  |  | (105 | )
Net (loss) income available to Twin Disc shareholders |  |  | (6,516 | ) |  |  | 4,020 |  |  |  | (12,827 | ) |  |  | 6,830 |
Weighted average shares outstanding - basic |  |  | 13,164 |  |  |  | 12,909 |  |  |  | 13,135 |  |  |  | 12,233 |
Effect of dilutive stock awards |  |  | - |  |  |  | 88 |  |  |  | - |  |  |  | 71 |
Weighted average shares outstanding - diluted |  |  | 13,164 |  |  |  | 12,997 |  |  |  | 13,135 |  |  |  | 12,304 |
Diluted (Loss) Income Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income per share - diluted |  | $ | (0.49 | ) |  | $ | 0.31 |  |  | $ | (0.98 | ) |  | $ | 0.56 |

X
- 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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration