Basic:

Net loss

$

(1,083

)

$

(1,324

)

Less: Net earnings attributable to noncontrolling interest

(90

)

(98

)

Less: Undistributed earnings attributable to unvested shares

-

Net loss attributable to Twin Disc

(1,173

)

(1,422

)

Weighted average shares outstanding - basic

13,527

13,407

Basic Loss Per Share:

Net loss per share - basic

$

(0.09

)

$

(0.11

)

Diluted:

Net loss

$

(1,083

)

$

(1,324

)

Less: Net earnings attributable to noncontrolling interest

(90

)

(98

)

Less: Undistributed earnings attributable to unvested shares

-

Net loss attributable to Twin Disc

(1,173

)

(1,422

)

Weighted average shares outstanding - basic

13,527

13,407

Effect of dilutive stock awards

-

Weighted average shares outstanding - diluted

13,527

13,407

Diluted Loss Per Share:

Net loss per share - diluted

$

(0.09

)

$

(0.11

)