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Note Q - Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2021

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		2021				2020
Basic:
Net loss		$	(29,519	)		$	(39,571	)
Less: Net earnings attributable to noncontrolling interest			(200	)			(246	)
Less: Undistributed earnings attributable to unvested shares			-				-
Net loss available to Twin Disc shareholders			(29,719	)			(39,817	)
Weighted average shares outstanding - basic			13,247				13,153
Basic Loss Per Share:
Net loss per share - basic		$	(2.24	)		$	(3.03	)
Diluted:
Net loss		$	(29,519	)		$	(39,571	)
Less: Net earnings attributable to noncontrolling interest			(200	)			(246	)
Less: Undistributed earnings attributable to unvested shares			-				-
Net loss available to Twin Disc shareholders			(29,719	)			(39,817	)
Weighted average shares outstanding - basic			13,247				13,153
Effect of dilutive stock awards			-				-
Weighted average shares outstanding - diluted			13,247				13,153
Diluted Loss Per Share:
Net loss per share - diluted		$	(2.24	)		$	(3.03	)

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- 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://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- References

No definition available.

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