For the Quarter Ended

September 30, 2022

September 24, 2021

Basic:

Net (loss) income

$

(1,931

)

$

1,980

Less: Net earnings attributable to noncontrolling interest

(98

)

(60

)

Less: Undistributed earnings attributable to unvested shares

-

Net (loss) income attributable to Twin Disc

(2,029

)

1,920

Weighted average shares outstanding - basic

13,407

13,283

Basic Loss Per Share:

Net (loss) earnings per share - basic

$

(0.15

)

$

0.14

Diluted:

Net (loss) income

$

(1,931

)

$

1,980

Less: Net earnings attributable to noncontrolling interest

(98

)

(60

)

Less: Undistributed earnings attributable to unvested shares

-

Net (loss) income attributable to Twin Disc

(2,029

)

1,920

Weighted average shares outstanding - basic

13,407

13,283

Effect of dilutive stock awards

-

67

Weighted average shares outstanding - diluted

13,407

13,350

Diluted Income (Loss) Per Share:

Net (loss) earnings per share - diluted

$

(0.15

)

$

0.14