For the Quarter Ended

For the Two Quarters Ended

December 25, 2020

December 27, 2019

December 25, 2020

December 27, 2019

Basic:

Net loss

$

(4,280

)

$

(6,466

)

$

(8,217

)

$

(12,759

)

Less: Net earnings attributable to noncontrolling interest

(33

)

(50

)

(75

)

(68

)

Less: Undistributed earnings attributable to unvested shares

-

Net loss available to Twin Disc shareholders

(4,313

)

(6,516

)

(8,292

)

(12,827

)

Weighted average shares outstanding - basic

13,255

13,164

13,227

13,135

Basic Loss Per Share:

Net loss per share - basic

$

(0.33

)

$

(0.49

)

$

(0.63

)

$

(0.98

)

Diluted:

Net loss

$

(4,280

)

$

(6,466

)

$

(8,217

)

$

(12,759

)

Less: Net earnings attributable to noncontrolling interest

(33

)

(50

)

(75

)

(68

)

Less: Undistributed earnings attributable to unvested shares

-

Net loss available to Twin Disc shareholders

(4,313

)

(6,516

)

(8,292

)

(12,827

)

Weighted average shares outstanding - basic

13,255

13,164

13,227

13,135

Effect of dilutive stock awards

-

Weighted average shares outstanding - diluted

13,255

13,164

13,227

13,135

Diluted Loss Per Share:

Net loss per share - diluted

$

(0.33

)

$

(0.49

)

$

(0.63

)

$

(0.98

)