v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 27, 2026
Mar. 28, 2025
Mar. 27, 2026
Mar. 28, 2025
Net sales $ 96,694 $ 81,242 $ 266,870 $ 244,060
Cost of goods sold 69,563 59,536 194,438 181,352
Gross profit 27,131 21,706 72,432 62,708
Marketing, engineering and administrative expenses 21,255 19,759 62,607 58,166
Other operating (income) expense 54 0 (320) 0
Income (loss) from operations 5,822 1,947 10,145 4,542
Other income (expense):        
Interest expense (790) (660) (2,363) (1,791)
Other income (expense), net 363 (1,567) (1,118) (2,525)
Non-operating income (expense) (427) (2,227) (3,481) (4,316)
Income (loss) before income taxes and noncontrolling interest 5,395 (280) 6,664 226
Income tax benefit (expense) (1,839) (1,142) 18,958 (3,320)
Net income (loss) 3,556 (1,422) 25,622 (3,094)
Less: Net income (loss) attributable to noncontrolling interest, net of tax 231 50 444 223
Net income (loss) attributable to Twin Disc, Incorporated $ 3,325 $ (1,472) $ 25,178 $ (3,317)
Dividends per share (in dollars per share) $ 0.04 $ 0.04 $ 0.12 $ 0.12
Earnings (loss) per share data:        
Basic earnings (loss) per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share) 0.23 (0.11) 1.79 (0.24)
Diluted earnings (loss) per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share) $ 0.23 $ (0.11) $ 1.76 $ (0.24)
Weighted average shares outstanding data:        
Basic shares outstanding (in shares) 14,198 13,895 14,095 13,841
Diluted shares outstanding (in shares) 14,416 13,895 14,313 13,841
Comprehensive income (loss)        
Net income (loss) $ 3,556 $ (1,422) $ 25,622 $ (3,094)
Benefit plan adjustments, net of income taxes of $146, $5, $146, and $3, respectively 477 201 1,749 (1,246)
Foreign currency translation adjustment (3,160) 4,152 (4,562) 74
Unrealized gain (loss) on hedges, net of income taxes of ($90), $0, ($83) and $0, respectively 294 (653) 261 (360)
Comprehensive income (loss) 1,167 2,278 23,070 (4,626)
Less: Comprehensive income (loss) attributable to noncontrolling interest 211 82 482 340
Comprehensive income (loss) attributable to Twin Disc, Incorporated 956 2,196 22,588 (4,966)
Service Excluding Other Goods [Member]        
Cost of goods sold 69,563 59,536 194,438 179,773
Other Goods [Member]        
Cost of goods sold $ 0 $ 0 $ 0 $ 1,579