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Note E - Business Segments
 3 Months Ended
Sep. 29, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
E.
Business Segments
 
The Company and its subsidiaries are engaged in the manufacture and sale of marine and heavy
-duty off-highway power transmission equipment. Principal products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems. The Company sells to both domestic and foreign customers in a variety of market areas, principally pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets.
 
The Company has
two
reportable segments: manufacturing and distribution.
  Its segment structure reflects the way management makes operating decisions and manages the growth and profitability of the business. It also corresponds with management’s approach of allocating resources and assessing the performance of its segments.
The accounting practices of the segments are the same as those described in the summary of significant accounting policies. Transfers among segments are at established inter-company selling prices.  Management evaluates the performance of its segments based on net earnings.
 
Information about the Company
’s segments is summarized as follows:
 
   
For the Quarter Ended
  
   
September 29, 2017
    
September 30, 2016
  
Net sales
                
Manufacturing segment sales
   $
39,872
     $
30,499
  
Distribution segment sales
    
17,662
      
15,395
  
Inter/Intra segment elimination
– manufacturing
    
(10,332
 )    
(8,126
 )
Inter/Intra segment elimination
– distribution
    
(2,138
 )    
(1,933
 )
    $
45,064
     $
35,835
  
Net income (loss) attributable to Twin Disc
                
Manufacturing segment net income (loss)
   $
5,067
     $
(1,420
 )
Distribution segment net earnings
    
669
      
271
  
Corporate and eliminations
    
(2,344
 )    
(1,547
 )
    $
3,392
     $
(2,696
 )
 
Assets
  
September 29, 2017
    
June 30, 2017
  
Manufacturing segment assets
   $
230,967
     $
222,136
  
Distribution segment assets
    
50,216
      
50,418
  
Corporate assets and elimination of
intercompany assets
    
(66,180
 )    
(61,656
 )
    $
215,003
     $
210,898