Note K - Shareholders' Equity (Tables)

3 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Stockholders Equity [Table Text Block]

	Twin Disc, Inc. Shareholders’ Equity
							Accumulated
							Other						Non-
	Common			Retained			Comprehensive			Treasury			Controlling		Total
	Stock			Earnings			Income			Stock			Interest		Equity
Balance, June 30, 2022	$	42,551		$	135,031		$	(32,086	)	$	(14,720	)	$	412	$	131,188
Net (loss) income					(2,029	)								98	$	(1,931	)
Translation adjustments								(6,328	)					38	$	(6,290	)
Benefit plan adjustments, net of tax								518							$	518
Unrealized gain on cash flow hedge, net of tax								793							$	793
Compensation expense		658													$	658
Shares (acquired) issued, net		(1,924	)								1,756				$	(168	)
Balance, September 30, 2022	$	41,285		$	133,002		$	(37,103	)	$	(12,964	)	$	548	$	124,768

	Twin Disc, Inc. Shareholders’ Equity
						Accumulated
						Other						Non-
	Common			Retained		Comprehensive			Treasury			Controlling		Total
	Stock			Earnings		Income (Loss)			Stock			Interest		Equity
Balance, June 30, 2021	$	40,972		$	126,936	$	(22,615	)	$	(15,083	)	$	450	$	130,660
Net income					1,920								60		1,980
Translation adjustments							(2,014	)					76		(1,938	)
Benefit plan adjustments, net of tax							384								384
Unrealized gain on cash flow hedge, net of tax							204								204
Compensation expense		625													625
Shares (acquired) issued, net		(432	)							141					(291	)
Balance, September 24, 2021	$	41,165		$	128,856	$	(24,041	)	$	(14,942	)	$	586	$	131,624

Reconciliation For The Changes In Accumulated Other Comprehensive Income Loss Net Of Tax By Component [Table Text Block]

	Translation			Benefit Plan			Cash Flow		Net Investment
	Adjustment			Adjustment			Hedges		Hedges
Balance at June 30, 2022	$	(2,266	)	$	(31,726	)	$	356	$	1,550
Translation adjustment during the quarter		(6,328	)		-			-		-
Amounts reclassified from accumulated other comprehensive income (loss)		-			518			657		136
Net current period other comprehensive (loss) income		(6,328	)		518			657		136
Balance at September 30, 2022	$	(8,594	)	$	(31,208	)	$	1,013	$	1,686

	Translation			Benefit Plan			Cash Flow			Net Investment
	Adjustment			Adjustment			Hedges			Hedges
Balance at June 30, 2021	$	9,192		$	(31,463	)	$	(678	)	$	334
Translation adjustment during the quarter		(2,014	)		-			-			-
Amounts reclassified from accumulated other comprehensive income		-			384			68			136
Net current period other comprehensive (loss) income		(2,014	)		384			68			136
Balance at September 24, 2021	$	7,178		$	(31,079	)	$	(610	)	$	470

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	Amount Reclassified
	Quarter Ended
	September 30, 2022
Changes in benefit plan items
Actuarial losses	$	570		(a)
Transition asset and prior service benefit		(51	)	(a)
Total amortization		519
Income tax expense		1
Total reclassification net of tax	$	518

	Amount Reclassified
	Quarter Ended
	September 24, 2021
Changes in benefit plan items
Actuarial losses	$	565		(a)
Transition asset and prior service benefit		(64	)	(a)
Total amortization		501
Income tax expense		117
Total reclassification net of tax	$	384