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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 295,127 $ 276,960
Gross profit 83,319 74,332
Marketing, engineering and administrative expenses 71,622 62,243
Restructuring expenses 218 177
Other operating income 0 (4,148)
Income from operations 11,479 16,060
Other Income (expense):    
Interest expense (1,443) (2,253)
Gain on bargain purchase 3,724 0
Other income, net 1,607 658
Non-operating income (expense) 3,888 (1,595)
Income before income taxes and noncontrolling interest 15,367 14,465
Income tax expense 4,121 3,788
Net income 11,246 10,677
Less: Net earnings attributable to noncontrolling interest, net of tax (258) (297)
Net income attributable to Twin Disc, Incorporated $ 10,988 $ 10,380
Dividends per share (in dollars per share) $ 0.12 $ 0
Income per share data:    
Basic income per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share) 0.8 0.77
Diluted income per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share) $ 0.79 $ 0.75
Weighted average shares outstanding data:    
Basic shares outstanding (in shares) 13,683 13,468
Diluted shares outstanding (in shares) 13,877 13,811
Comprehensive income    
Net income $ 11,246 $ 10,677
Benefit plan adjustments, net of income taxes of $8 and $21, respectively (2,114) 666
Foreign currency translation adjustment 657 635
Unrealized gain on hedges, net of income taxes of $0 and 0, respectively 46 54
Comprehensive income 9,835 12,032
Less: Comprehensive income attributable to noncontrolling interest 183 248
Comprehensive income attributable to Twin Disc, Incorporated 9,652 11,784
Service Excluding Boat Management System Product Line [Member]    
Cost of goods sold 208,709 202,628
Boat Management System Product Line [Member]    
Cost of goods sold $ 3,099 $ 0