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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 28, 2018
Sep. 29, 2017
Net Sales $ 74,689 $ 45,064
Cost of goods sold 50,704 31,072
Gross profit 23,985 13,992
Marketing, engineering and administrative expenses 18,986 13,394
Restructuring expenses 173 1,218
Income (loss) from operations 4,826 (620)
Interest expense 717 64
Other expense (income), net 319 569
Non-operating income (expense) 1,036 633
Income (loss) before income taxes and noncontrolling interest 3,790 (1,253)
Income tax expense (benefit) 887 (4,658)
Net income 2,903 3,405
Less: Net earnings attributable to noncontrolling interest, net of tax (41) (13)
Net income attributable to Twin Disc $ 2,862 $ 3,392
Income per share data:    
Basic income per share attributable to Twin Disc common shareholders (in dollars per share) $ 0.24 $ 0.29
Diluted income per share attributable to Twin Disc common shareholders (in dollars per share) $ 0.24 $ 0.29
Weighted average shares outstanding data:    
Basic shares outstanding (in shares) 11,722 11,256
Diluted shares outstanding (in shares) 11,799 11,259
Comprehensive income:    
Net income $ 2,903 $ 3,405
Benefit plan adjustments, net of income taxes of $146 and $278, respectively 471 474
Foreign currency translation adjustment (561) 2,541
Comprehensive income 2,813 6,420
Less: Comprehensive income attributable to noncontrolling interest (16) (7)
Comprehensive income attributable to Twin Disc $ 2,797 $ 6,413