Basic:

Net income

$

3,900

$

3,357

$

3,752

$

3,793

Less: Net earnings attributable to noncontrolling interest

(78

)

(76

)

(173

)

(188

)

Less: Undistributed earnings attributable to unvested shares

-

Net income attributable to Twin Disc

3,822

3,281

3,579

3,605

Weighted average shares outstanding - basic

13,742

13,504

13,663

13,455

Basic Income Per Share:

Net earnings per share - basic

$

0.28

$

0.24

$

0.26

$

0.27

Diluted:

Net income

$

3,900

$

3,357

$

3,752

$

3,793

Less: Net earnings attributable to noncontrolling interest

(78

)

(76

)

(173

)

(188

)

Less: Undistributed earnings attributable to unvested shares

-

Net income attributable to Twin Disc

3,822

3,281

3,579

3,605

Weighted average shares outstanding - basic

13,742

13,504

13,663

13,455

Effect of dilutive stock awards

162

158

189

153

Weighted average shares outstanding - diluted

13,904

13,662

13,852

13,608

Diluted Income Per Share:

Net earnings per share - diluted

$

0.27

$

0.24

$

0.26

$

0.26