Twin Disc (TWIN) 10-Q 6 Nov 24 2025 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 27, 2024	Oct. 20, 2024
Document Information [Line Items]
Entity Central Index Key	0000100378
Entity Registrant Name	TWIN DISC INC
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2025
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 27, 2024
Document Transition Report	false
Entity File Number	1-7635
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-0667110
Entity Address, Address Line One	222 East Erie Street, Suite 400
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53202
City Area Code	262
Local Phone Number	638-4000
Title of 12(b) Security	Common Stock (No Par Value)
Trading Symbol	TWIN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		14,104,256

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Assets, Current [Abstract]
Cash	$ 16,711	$ 20,070
Trade accounts receivable, net	51,513	52,207
Inventories, net	143,865	130,484
Other current assets	18,158	16,870
Total current assets	230,247	219,631
Property, plant and equipment, net	58,959	58,074
Right-of-use operating lease assets	16,700	16,622
Intangible assets, net	12,291	12,686
Deferred income taxes	2,674	2,339
Other assets	2,676	2,706
Total assets	323,547	312,058
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	31,106	32,586
Accrued liabilities	70,263	64,930
Total current liabilities	103,369	99,516
Long-term debt	27,794	23,811
Right-of-use lease obligations	14,506	14,376
Accrued retirement benefits	7,867	7,854
Deferred income taxes	5,751	5,340
Other long-term liabilities	6,241	6,107
Total liabilities	165,528	157,004
Twin Disc, Incorporated shareholders' equity:
Preferred shares authorized: 200,000; issued: none; no par value	0	0
Common shares authorized: 30,000,000; issued: 14,632,802; no par value	39,902	41,798
Retained earnings	126,257	129,592
Accumulated other comprehensive loss	(516)	(6,905)
Equity before treasury stock	165,643	164,485
Less treasury stock, at cost (528,546 and 637,778 shares, respectively)	8,112	9,783
Total Twin Disc, Incorporated shareholders' equity	157,531	154,702
Noncontrolling interest	488	352
Total equity	158,019	155,054
Total liabilities and equity	$ 323,547	$ 312,058

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands	Sep. 27, 2024	Jun. 30, 2024
Preferred Shares, Authorized (in shares)	200,000	200,000
Preferred Shares, Issued (in shares)	0	0
Preferred Shares, No Par Value (in dollars per share)	$ 0	$ 0
Common shares, authorized (in shares)	30,000,000	30,000,000
Common shares, shares issued (in shares)	14,632,802	14,632,802
Common shares, no par value (in dollars per share)	$ 0	$ 0
Treasury Stock, Common, Shares (in shares)	528,546	637,778

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Net sales	$ 72,897	$ 63,554
Gross profit	19,322	16,637
Marketing, engineering and administrative expenses	19,487	16,917
Loss from operations	(165)	(280)
Other Income (expense):
Interest expense	(636)	(394)
Other (expense) income, net	(1,344)	137
Non-operating income (expense)	(1,980)	(257)
Loss before income taxes and noncontrolling interest	(2,145)	(537)
Income tax expense	627	546
Net loss	(2,772)	(1,083)
Less: Net loss (income) attributable to noncontrolling interest, net of tax	7	(90)
Net loss attributable to Twin Disc, Incorporated	$ (2,765)	$ (1,173)
Dividends per share (in dollars per share)	$ 0.04	$ 0
Loss per share data:
Basic loss per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share)	(0.2)	(0.09)
Diluted loss per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share)	$ (0.2)	$ (0.09)
Weighted average shares outstanding data:
Basic shares outstanding (in shares)	13,778	13,527
Diluted shares outstanding (in shares)	13,778	13,527
Comprehensive income (loss)
Net loss	$ (2,772)	$ (1,083)
Benefit plan adjustments, net of income taxes of $11 and $5, respectively	221	(171)
Foreign currency translation adjustment	7,164	(3,036)
Unrealized (loss) gain on hedges, net of income taxes of $0 and 0, respectively	(853)	216
Comprehensive income (loss)	3,760	(4,074)
Less: Comprehensive income attributable to noncontrolling interest	136	150
Comprehensive income (loss) attributable to Twin Disc, Incorporated	3,624	(4,224)
Service Excluding Boat Management System Product Line [Member]
Cost of goods sold	53,575	43,818
Boat Management System Product Line [Member]
Cost of goods sold	$ 0	$ 3,099

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Benefit plan adjustments, income taxes	$ 11	$ 5
Unrealized loss on cash flow hedge, income taxes	$ 0	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (2,772)	$ (1,083)
Adjustments to reconcile net loss to net cash (used) provided by operating activities:
Depreciation and amortization	3,238	2,488
Gain on sale of assets	(9)	(16)
Restructuring expenses	0	(57)
Provision for deferred income taxes	(361)	97
Stock compensation expense and other non-cash changes, net	1,025	1,140
Net change in operating assets and liabilities	(5,465)	4,134
Net cash (used) provided by operating activities	(4,344)	9,802
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant, and equipment	(2,362)	(3,690)
Proceeds from sale of fixed assets	9	0
Other, net	(369)	45
Net cash used by investing activities	(2,722)	(3,645)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving loan arrangements	30,090	27,184
Repayments of revolving loan arrangements	(26,791)	(23,423)
Repayments of other long-term debt	0	(508)
Dividends paid to shareholders	(570)	0
Payments of right-of-use finance lease obligations	(546)	(847)
Payments of withholding taxes on stock compensation	(1,249)	(1,763)
Net cash provided by financing activities	934	643
Effect of exchange rate changes on cash	2,773	365
Net change in cash	(3,359)	7,165
Cash:
Beginning of period	20,070	13,263
End of period	16,711	20,428
Boat Management System Product Line [Member]
Adjustments to reconcile net loss to net cash (used) provided by operating activities:
Loss on sale of boat management product line and related inventory	$ 0	$ 3,099

Note A - Basis of Presentation

Note A - Basis of Presentation and Other Information	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	A. Basis of Presentation and Other Information The unaudited condensed consolidated financial statements have been prepared by Twin Disc, Incorporated (the “Company”) pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of the Company, include adjustments, consisting primarily of normal recurring items, necessary for a fair statement of results for each period. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such SEC rules and regulations. The Company believes that the disclosures made are adequate to make the information presented not 10 - June 30, 2024. not The condensed consolidated financial statements and information presented herein include the financial results of Katsa Oy (“Katsa”). On May 31, 2024, The Company’s condensed consolidated financial statements include the accounts of Twin Disc, Incorporated and its wholly-owned domestic and foreign subsidiaries. The Company's reporting period ends on the last Friday of the quarterly calendar period. The Company's fiscal year ends on June 30, June 30 May 31, Recently Issued Not In November 2023, 2023 07, 280 2025 first 2026. In December 2023, 2023 09, five 2023 09 December 15, 2024. Recently Adopted Accounting Standards In June 2016, 2016 13 2018 19, 2019 04, 2019 05 2019 10 326 326 December 15, 2019, December 15, 2022 ( 2024 326 not Special Note Regarding Smaller Reporting Company Status Under SEC Release 33 10513; 34 83550,

Note B - Inventories

Note B - Inventories	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	B. Inventories The major classes of inventories were as follows: September 27, 2024 June 30, 2024 Inventories: Finished parts $ 65,318 $ 60,166 Work in process 28,000 23,096 Raw materials 50,547 47,222 $ 143,865 $ 130,484 In the first 2024, one not second 2024.

Note C - Warranty

Note C - Warranty	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	C. Warranty The Company engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its suppliers. However, its warranty obligation is affected by product failure rates, the number of units affected by the failure and the expense involved in satisfactorily addressing the situation. The warranty reserve is established based on our best estimate of the amounts necessary to settle future and existing claims on products sold as of the balance sheet date. When evaluating the adequacy of the reserve for warranty costs, management takes into consideration the term of the warranty coverage, historical claim rates and costs of repair, knowledge of the type and volume of new products and economic trends. While we believe the warranty reserve is adequate and that the judgment applied is appropriate, such amounts estimated to be due and payable in the future could differ materially from what actually transpires. The following is a listing of the activity in the warranty reserve for the quarters ended September 27, 2024 September 29, 2023: For the Quarter Ended September 27, 2024 September 29, 2023 Reserve balance, beginning of period $ 4,220 $ 3,476 Current period expense and adjustments 837 1,516 Payments or credits to customers (821 ) (821 ) Translation 214 (11 ) Reserve balance, end of period $ 4,450 $ 4,160 The current portion of the warranty accrual ($3,452 and $3,409 as of September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023,

Note D - Contingencies

Note D - Contingencies	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	D. Contingencies The Company is involved in litigation of which the ultimate outcome and liability to the Company, if any, is not not

Note E - Business Segments

Note E - Business Segments	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	E. Business Segments The Company and its subsidiaries are engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. Principal products include marine transmissions, azimuth drives, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems. The Company sells to both domestic and foreign customers in a variety of market areas, principally pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company's worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network. The Company has two Information about the Company’s segments is summarized as follows: For the Quarter Ended September 27, 2024 September 29, 2023 Net sales Manufacturing segment sales $ 63,318 $ 54,537 Distribution segment sales 29,583 32,853 Inter/Intra segment elimination – manufacturing (13,372 ) (20,184 ) Inter/Intra segment elimination – distribution (6,632 ) (3,652 ) $ 72,897 $ 63,554 Net (loss) income attributable to Twin Disc Manufacturing segment net income $ 1,869 $ 1,558 Distribution segment net income 951 1,006 Corporate and eliminations (5,585 ) (3,737 ) $ (2,765 ) $ (1,173 ) Assets September 27, 2024 June 30, 2024 Manufacturing segment assets $ 474,502 $ 443,149 Distribution segment assets 63,108 73,033 Corporate assets and elimination of intercompany assets (214,063 ) (204,124 ) $ 323,547 $ 312,058 Disaggregated revenue: The following table presents details deemed most relevant to the users of the financial statements for the quarters ended September 27, 2024 September 29, 2023. Net sales by product group for the quarter ended September 27, 2024 Elimination of Manufacturing Distribution Intercompany Sales Total Industrial $ 8,797 $ 1,053 $ (681 ) $ 9,169 Land-based transmissions 18,153 3,563 (4,432 ) 17,284 Marine and propulsion systems 36,347 20,331 (14,578 ) 42,100 Other 21 4,636 (313 ) 4,344 Total $ 63,318 $ 29,583 $ (20,004 ) $ 72,897 Net sales by product group for the quarter ended September 29, 2023 Elimination of Manufacturing Distribution Intercompany Sales Total Industrial $ 5,290 $ 1,028 $ (634 ) $ 5,684 Land-based transmissions 14,681 12,671 (8,774 ) 18,578 Marine and propulsion systems 34,566 16,320 (14,422 ) 36,464 Other - 2,834 (6 ) 2,828 Total $ 54,537 $ 32,853 $ (23,836 ) $ 63,554

Note F - Stock-based Compensati

Note F - Stock-based Compensation	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	F. Stock-Based Compensation first 2025, 2021 2021 “2021 2020 “2020 may one There is reserved for issuance under the Plan an aggregate of 1,636,550 shares of the Company’s common stock, which consists of the previously-approved 715,000 shares of common stock reserved for issuance under the 2021 2020 may Performance Stock Awards ( PSA ) During the first 2025 2024, The fiscal 2025 three June 30, 2027. The fiscal 2024 three June 30, 2026. There were 350.0 and 329.9 unvested PSAs outstanding at September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023, September 27, 2024 September 27, 2024, 2025 2024 September 27, 2024 September 29, 2023 Performance Stock Unit Awards ( PSUA ) The PSUAs entitle an individual to shares of common stock of the Company or cash in lieu of shares of Company common stock if specific terms and conditions or restrictions are met through a specified date. During the first 2025 2024, 2024 three June 30, 2026. There were 10.5 and 10.5 unvested PSUAs outstanding at September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023, September 27, 2024 September 27, 2024, 2024 September 27, 2024 September 29, 2023 Restricted Stock Awards ( RS ) The Company has unvested RS awards outstanding that will vest if certain service conditions are fulfilled. The fair value of the RS grants is recorded as compensation expense over the vesting period, which is generally 1 3 first 2025 2024, September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023 September 27, 2024, three Restricted Stock Unit Awards ( RSU ) The RSUs entitle an individual to shares of common stock of the Company or cash in lieu of shares of Company common stock if specific terms and conditions or restrictions are met through a specified date, generally three first 2025 2024, September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023, September 27, 2024 September 29, 2023 September 27, 2024 September 27, 2024, three

Note G - Pension and Other Post

Note G - Pension and Other Postretirement Benefit Plans	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	G. Pension and Other Postretirement Benefit Plans The Company has non-contributory, qualified defined benefit plans covering substantially all domestic employees hired prior to October 1, 2003 The components of the net periodic benefit cost for the defined benefit pension plans and the other postretirement benefit plan are as follows: For the Quarter Ended September 27, 2024 September 29, 2023 Pension Benefits: Service cost $ 82 $ 94 Prior service cost 5 - Interest cost 837 896 Expected return on plan assets (826 ) (1,048 ) Amortization of transition obligation 10 10 Amortization of prior service cost 6 9 Amortization of actuarial net loss 246 15 Net periodic benefit cost (gain) $ 360 $ (24 ) Postretirement Benefits: Service cost $ 3 $ 2 Interest cost 53 48 Amortization of prior service benefit (69 ) (22 ) Amortization of actuarial net gain (10 ) (155 ) Net periodic benefit gain $ (23 ) $ (127 ) The service cost component is included in cost of goods sold and marketing, engineering and administrative expenses. All other components of net periodic benefit cost are included in other (expense) income, net. The Company expects to contribute approximately $556 to its pension plans in fiscal 2025. September 27, 2024, The Company has reclassified $221 (net of $11 in taxes) of benefit plan adjustments from accumulated other comprehensive loss during the quarter ended September 27, 2024, September 29, 2023.

Note H - Income Taxes

Note H - Income Taxes	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	H. Income Taxes Accounting policies for interim reporting require the Company to adjust its effective tax rate each quarter to be consistent with the estimated Annual Effective Tax Rate (AETR). Under this effective tax rate methodology, the Company applies an estimated annual income tax rate to its year-to-date ordinary earnings to derive its income tax provision each quarter. To calculate its AETR, an entity must estimate its ordinary income or loss and the related tax expense or benefit for its full fiscal year. In situations in which an entity is in a loss position and recognizes a full valuation allowance, the guidance in ASC 740 270 25 9 Permanent differences continue to fluctuate and are significant compared to projected ordinary income. Therefore, per ASC guidance, the fully valued domestic entity was removed from the annualized effective rate calculation. Because of the full U.S. valuation allowance, the U.S. entity may 740 10 For the Quarter-Ended September 27, 2024 September 29, 2023 Foreign earnings, before income taxes of $ 854 516 $ 3,443 $ 2,055 Domestic losses, before income taxes of ($ 227 30 (5,588 ) (2,592 ) Loss before income taxes and noncontrolling interest $ (2,145 ) $ (537 ) Income tax expense $ 627 $ 546 Effective income tax rate -29.2 % -101.7 % Due to the full US valuation allowance currently in place, no A discrete benefit was recorded during the period of ($227) related to the release of an uncertain tax position.

Note I - Intangible Assets

Note I - Intangible Assets	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	I. Intangible Assets As of September 27, 2024, Net Book Value Rollforward Net Book Value By Asset Type Gross Carrying Amount Accumulated Amortization / Impairment Net Book Value Customer Relationships Technology Know-how Trade Name Other Total Balance at June 30, 2024 $ 34,533 $ (21,847 ) $ 12,686 $ 6,720 $ 2,098 $ 1,511 $ 2,357 $ 12,686 Addition 186 - 186 - - - 186 186 Amortization - (926 ) (926 ) (338 ) (360 ) (22 ) (206 ) (926 ) Translation adjustment 345 - 345 241 83 20 1 345 Balance at September 27, 2024 $ 35,064 $ (22,773 ) $ 12,291 $ 6,623 $ 1,821 $ 1,509 $ 2,338 $ 12,291 Other intangibles consist mainly of computer software. Amortization is recorded on the basis of straight-line or accelerated, as appropriate, over the estimated useful lives of the assets. The weighted average remaining useful life of the intangible assets included in the table above is approximately 5 Intangible amortization expense was $926 and $819 for the quarters ended September 27, 2024, September 29, 2023, 2025 five Fiscal Year 2025 $ 2,701 2026 2,332 2027 2,225 2028 1,981 2029 1,433 2030 312 Thereafter 1,307 $ 12,291

Note J - Long-term Debt

Note J - Long-term Debt	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	J. Long-term Debt Long-term debt at September 27, 2024 June 30, 2024 September 27, 2024 June 30, 2024 Credit Agreement Debt Revolving loans (expire April 2027) $ 20,271 $ 16,288 Term loan (due April 2027) 9,500 9,500 Other 23 23 Subtotal 29,794 25,811 Less: current maturities (2,000 ) (2,000 ) Total long-term debt $ 27,794 $ 23,811 Credit Agreement Debt: June 29, 2018, “2016 not may, not April 1, 2027, may not April 1, 2027. Under the Credit Agreement as amended, interest rates are based on either the secured overnight financing rate (“SOFR”) or the euro interbank offered rate (the “EURIBO Rate”). Loans are designated either as “SOFR Loans,” which accrue interest at an Adjusted Term SOFR plus an Applicable Margin, or “Eurodollar Loans,” which accrue interest at the EURIBO Rate plus an Applicable Margin. Amounts drawn on a Letter of Credit that are not The Credit Agreement, as amended, requires the Company to meet certain financial covenants. Specifically, the Company’s Total Funded Debt to EBITDA ratio may not 1.00, may not 1.00. may not 50% June 30, 2023. Borrowings under the Credit Agreement are secured by substantially all of the Company’s personal property, including accounts receivable, inventory, machinery and equipment, and intellectual property. The Company has also pledged 100% of its equity interests in certain domestic subsidiaries and 65% of its equity interests in certain foreign subsidiaries. The Company also entered into a Collateral Assignment of Rights under Purchase Agreement for its acquisition of Veth Propulsion. To effect these security interests, the Company entered into various amendment and assignment agreements that consent to the assignment of certain agreements previously entered into between the Company and the Bank of Montreal in connection with the 2016 not The Company has also entered into a Deposit Account Control Agreement with the Bank, reflecting the Bank’s security interest in deposit accounts the Company maintains with the Bank. The Bank may not Upon the occurrence of an Event of Default, BMO may 1 2 3 may three The Company remains in compliance with its liquidity and other covenants. As of September 27, 2024, Other: September 27, 2024, As of September 27, 2024, The Company’s borrowings described above approximate fair value at September 27, 2024 June 30, 2024. 2 The Company is party to an interest rate swap arrangement with Bank of Montreal, with an initial notional amount of $20,000 and a maturity date of March 4, 2026 September 27, 2024, 815, During the fourth 2021,

Note K - Shareholders' Equity

Note K - Shareholders' Equity	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Equity [Text Block]	K. Shareholders Equity The Company, from time to time, makes open market purchases of its common stock under authorizations given to it by the Board of Directors, of which 315.0 shares as of September 27, 2024 not September 27, 2024 September 29, 2023. The following is a reconciliation of the Company’s equity balances for the first 2025 2024: Twin Disc, Inc. Shareholders’ Equity Accumulated Other Non- Common Retained Comprehensive Treasury Controlling Total Stock Earnings Loss Stock Interest Equity Balance, June 30, 2024 $ 41,798 $ 129,592 $ (6,905 ) $ (9,783 ) $ 352 $ 155,054 Net loss (2,765 ) (7 ) (2,772 ) Dividends paid to shareholders (570 ) (570 ) Translation adjustments 7,021 143 7,164 Benefit plan adjustments, net of tax 221 221 Unrealized loss on hedges, net of tax (853 ) (853 ) Compensation expense 1,024 1,024 Stock awards, net (2,920 ) 1,671 (1,249 ) Balance, September 27, 2024 $ 39,902 $ 126,257 $ (516 ) $ (8,112 ) $ 488 $ 158,019 Twin Disc, Inc. Shareholders’ Equity Accumulated Other Non- Common Retained Comprehensive Treasury Controlling Total Stock Earnings Loss Stock Interest Equity Balance, June 30, 2023 $ 42,855 $ 120,299 $ (5,570 ) $ (12,491 ) $ 424 $ 145,517 Net loss (1,173 ) 90 (1,083 ) Translation adjustments (3,096 ) 60 (3,036 ) Benefit plan adjustments, net of tax (171 ) (171 ) Unrealized gain on hedges, net of tax 216 216 Compensation expense 495 495 Stock awards, net (3,911 ) 2,148 (1,763 ) Balance, September 29, 2023 $ 39,439 $ 119,126 $ (8,621 ) $ (10,343 ) $ 574 $ 140,175 Reconciliations for the changes in accumulated other comprehensive loss, net of tax, by component for the quarters ended September 27, 2024 September 29, 2023 Translation Benefit Plan Cash Flow Net Investment Adjustment Adjustment Hedges Hedges Balance, June 30, 2024 $ (849 ) $ (8,062 ) $ 504 $ 1,502 Translation adjustment during the quarter 7,021 - - - Amounts reclassified from accumulated other comprehensive loss - 221 (169 ) (684 ) Net current period other comprehensive income (loss) 7,021 221 (169 ) (684 ) Balance, September 27, 2024 $ 6,172 $ (7,841 ) $ 335 $ 818 Translation Benefit Plan Cash Flow Net Investment Adjustment Adjustment Hedges Hedges Balance, June 30, 2023 $ (1,582 ) $ (5,948 ) $ 688 $ 1,272 Translation adjustment during the quarter (3,096 ) - - - Amounts reclassified from accumulated other comprehensive loss - (171 ) (6 ) 222 Net current period other comprehensive (loss) income (3,096 ) (171 ) (6 ) 222 Balance, September 29, 2023 $ (4,678 ) $ (6,119 ) $ 682 $ 1,494 Reconciliation for the changes in benefit plan adjustments, net of tax for the quarter ended September 27, 2024 Amount Reclassified Quarter Ended September 27, 2024 Changes in benefit plan items Actuarial gains $ 285 (a) Transition asset and prior service benefit (53 ) (a) Total amortization 232 Income tax expense (11 ) Total reclassification net of tax $ 221 Reconciliation for the changes in benefit plan adjustments, net of tax for the quarter ended September 29, 2023 Amount Reclassified Quarter Ended September 29, 2023 Changes in benefit plan items Actuarial losses $ (172 ) (a) Transition asset and prior service benefit (4 ) (a) Total amortization (176 ) Income tax expense 5 Total reclassification net of tax $ (171 ) (a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note G, "Pension and Other Postretirement Benefit Plans" for further details).

Note L - Earnings Per Share

Note L - Earnings Per Share	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	L. Earnings Per Share The Company calculates basic earnings per share based upon the weighted average number of common shares outstanding during the period, while the calculation of diluted earnings per share includes the dilutive effect of potential common shares outstanding during the period. The calculation of diluted earnings per share excludes all potential common shares if their inclusion would have an anti-dilutive effect. Certain restricted stock award recipients have a non-forfeitable right to receive dividends declared by the Company and are therefore included in computing earnings per share pursuant to the two The components of basic and diluted earnings per share were as follows: September 27, 2024 September 29, 2023 Basic: Net loss $ (2,772 ) $ (1,083 ) Less: Net loss (income) attributable to noncontrolling interest 7 (90 ) Net loss attributable to Twin Disc, Incorporated (2,765 ) (1,173 ) Weighted average shares outstanding - basic 13,778 13,527 Basic loss Per Share: Net loss per share - basic $ (0.20 ) $ (0.09 ) Diluted: Net loss $ (2,772 ) $ (1,083 ) Less: Net loss (income) attributable to noncontrolling interest 7 (90 ) Net loss attributable to Twin Disc, Incorporated (2,765 ) (1,173 ) Weighted average shares outstanding - basic 13,778 13,527 Weighted average shares outstanding - diluted 13,778 13,527 Diluted loss Per Share: Net loss per share - diluted $ (0.20 ) $ (0.09 ) The following potential common shares were excluded from diluted EPS for the quarter ended September 27, 2024 The following potential common shares were excluded from diluted EPS for the quarter ended September 29, 2023

Note M - Lease Liabilities

Note M - Lease Liabilities	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	M. Lease Liabilities The Company leases certain office and warehouse space, as well as production and office equipment. The Company determines if an arrangement is a lease at contract inception. The lease term begins upon lease commencement, which is when the Company takes possession of the asset, and may not The following table provides a summary of leases recorded on the condensed consolidated balance sheets. Condensed Consolidated Balance Sheets Location September 27, 2024 June 30, 2024 Lease Assets Right-of-use operating lease assets Right-of-use assets operating leases $ 16,700 $ 16,622 Right-of-use finance lease assets Property, plant and equipment, net 5,575 5,210 Lease Liabilities Right-of-use operating lease liabilities, current Accrued liabilities $ 2,392 $ 2,352 Right-of-use operating lease liabilities, non-current Right-of-use lease obligations 14,506 14,376 Right-of-use finance lease liabilities, current Accrued liabilities 2,133 3,123 Right-of-use finance lease liabilities, non-current Other long-term liabilities $ 5,089 $ 4,795 The components of lease expense were as follows: For the Quarter Ended September 27, 2024 September 29, 2023 Finance lease cost: Amortization of right-of-use assets $ 232 $ 222 Interest on lease liabilities 94 73 Operating lease cost 939 893 Short-term lease cost 11 3 Variable lease cost 100 100 Total lease cost 1,376 1,291 Less: Sublease income (21 ) (20 ) Net lease cost $ 1,355 $ 1,271 Other information related to leases was as follows: For the Quarter Ended September 27, 2024 September 29, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,013 $ 924 Operating cash flows from finance leases 94 73 Financing cash flows from finance leases 546 847 Right-of-use-assets obtained in exchange for lease obligations: Operating leases 330 15 Finance leases 508 484 Weighted average remaining lease term (years): Operating leases 8.5 8.2 Finance lease 8.4 9.7 Weighted average discount rate: Operating leases 8.4 % 7.6 % Finance leases 6.5 % 5.7 % Approximate future minimum rental commitments under non-cancellable leases as of September 27, 2024 Operating Leases Finance Leases 2025 $ 2,809 $ 2,462 2026 3,431 1,154 2027 3,023 1,097 2028 2,531 995 2029 2,335 680 2030 1,868 503 Thereafter 8,179 1,868 Total future lease payments 24,176 8,759 Less: Amount representing interest (7,278 ) (1,537 ) Present value of future payments $ 16,898 $ 7,222

Note N - Derivative Financial I

Note N - Derivative Financial Instruments	3 Months Ended
	Sep. 27, 2024
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	N. Derivative Financial Instruments From time to time, the Company enters into derivative instruments to manage volatility arising from risks relating to interest rates and foreign currency exchange rates. The Company does not no The Company reports all derivative instruments on its condensed consolidated balance sheets at fair value and establishes criteria for designation and effectiveness of transactions entered into for hedging purposes. Interest Rate Swap Contracts The Company has one September 27, 2024, 815, The primary purpose of the Company’s cash flow hedging activities is to manage the potential changes in value associated with interest payments on the Company’s SOFR-based indebtedness. The Company records gains and losses on interest rate swap contracts qualifying as cash flow hedges in accumulated other comprehensive loss to the extent that these hedges are effective and until the Company recognizes the underlying transactions in net earnings, at which time these gains and losses are recognized in interest expense on its condensed consolidated statements of operations and comprehensive income (loss). Cash flows from derivative financial instruments are classified as cash flows from financing activities on the condensed consolidated statements of cash flows. These contracts generally have original maturities of greater than twelve Net unrealized after-tax gains related to cash flow hedging activities that were included in accumulated other comprehensive loss were $335 and $504 September 27, 2024, June 30, 2024, The Company estimates that ($110) of net unrealized losses related to cash flow hedging activities included in accumulated other comprehensive loss will be reclassified into earnings within the next twelve Derivatives Designated as Net Investment Hedges The Company is exposed to foreign currency exchange rate risk related to its investment in net assets in foreign countries. During the fourth 2021, €13,000, September 27, 2024 June 30, 2024, Fair Value of Derivative Instruments The fair value of derivative instruments included in the condensed consolidated balance sheets were as follows: Condensed Consolidated Balance Sheets Location September 27, 2024 June 30, 2024 Derivative designated as hedge: Interest rate swap Other current assets $ 107 $ 218 Interest rate swap Other noncurrent assets 18 76 The impact of the Company’s derivative instruments on the condensed consolidated statements of operations and comprehensive income (loss) for the quarters ended September 27, 2024 September 29, 2023, Condensed Consolidated Statements of Operations For the Quarter Ended and Comprehensive Income (Loss) Location September 27, 2024 September 29, 2023 Derivative designated as hedge: Interest rate swap Interest expense $ 57 $ 71 Interest rate swap Unrealized loss on hedges (169 ) (6 ) Net investment hedge Unrealized (loss) gain on hedges (684 ) 222

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 27, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	Item 5. Other Information None
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 27, 2024
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Not In November 2023, 2023 07, 280 2025 first 2026. In December 2023, 2023 09, five 2023 09 December 15, 2024. Recently Adopted Accounting Standards In June 2016, 2016 13 2018 19, 2019 04, 2019 05 2019 10 326 326 December 15, 2019, December 15, 2022 ( 2024 326 not
Reporting Status [Policy Text Block]	Special Note Regarding Smaller Reporting Company Status Under SEC Release 33 10513; 34 83550,

Note B - Inventories (Tables)

Note B - Inventories (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 27, 2024 June 30, 2024 Inventories: Finished parts $ 65,318 $ 60,166 Work in process 28,000 23,096 Raw materials 50,547 47,222 $ 143,865 $ 130,484

Note C - Warranty (Tables)

Note C - Warranty (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	For the Quarter Ended September 27, 2024 September 29, 2023 Reserve balance, beginning of period $ 4,220 $ 3,476 Current period expense and adjustments 837 1,516 Payments or credits to customers (821 ) (821 ) Translation 214 (11 ) Reserve balance, end of period $ 4,450 $ 4,160

Note E - Business Segments (Tab

Note E - Business Segments (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	For the Quarter Ended September 27, 2024 September 29, 2023 Net sales Manufacturing segment sales $ 63,318 $ 54,537 Distribution segment sales 29,583 32,853 Inter/Intra segment elimination – manufacturing (13,372 ) (20,184 ) Inter/Intra segment elimination – distribution (6,632 ) (3,652 ) $ 72,897 $ 63,554 Net (loss) income attributable to Twin Disc Manufacturing segment net income $ 1,869 $ 1,558 Distribution segment net income 951 1,006 Corporate and eliminations (5,585 ) (3,737 ) $ (2,765 ) $ (1,173 )
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	Assets September 27, 2024 June 30, 2024 Manufacturing segment assets $ 474,502 $ 443,149 Distribution segment assets 63,108 73,033 Corporate assets and elimination of intercompany assets (214,063 ) (204,124 ) $ 323,547 $ 312,058
Revenue from External Customers by Products and Services [Table Text Block]	Elimination of Manufacturing Distribution Intercompany Sales Total Industrial $ 8,797 $ 1,053 $ (681 ) $ 9,169 Land-based transmissions 18,153 3,563 (4,432 ) 17,284 Marine and propulsion systems 36,347 20,331 (14,578 ) 42,100 Other 21 4,636 (313 ) 4,344 Total $ 63,318 $ 29,583 $ (20,004 ) $ 72,897 Elimination of Manufacturing Distribution Intercompany Sales Total Industrial $ 5,290 $ 1,028 $ (634 ) $ 5,684 Land-based transmissions 14,681 12,671 (8,774 ) 18,578 Marine and propulsion systems 34,566 16,320 (14,422 ) 36,464 Other - 2,834 (6 ) 2,828 Total $ 54,537 $ 32,853 $ (23,836 ) $ 63,554

Note G - Pension and Other Po_2

Note G - Pension and Other Postretirement Benefit Plans (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	For the Quarter Ended September 27, 2024 September 29, 2023 Pension Benefits: Service cost $ 82 $ 94 Prior service cost 5 - Interest cost 837 896 Expected return on plan assets (826 ) (1,048 ) Amortization of transition obligation 10 10 Amortization of prior service cost 6 9 Amortization of actuarial net loss 246 15 Net periodic benefit cost (gain) $ 360 $ (24 ) Postretirement Benefits: Service cost $ 3 $ 2 Interest cost 53 48 Amortization of prior service benefit (69 ) (22 ) Amortization of actuarial net gain (10 ) (155 ) Net periodic benefit gain $ (23 ) $ (127 )

Note H - Income Taxes (Tables)

Note H - Income Taxes (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Quarter-Ended September 27, 2024 September 29, 2023 Foreign earnings, before income taxes of $ 854 516 $ 3,443 $ 2,055 Domestic losses, before income taxes of ($ 227 30 (5,588 ) (2,592 ) Loss before income taxes and noncontrolling interest $ (2,145 ) $ (537 ) Income tax expense $ 627 $ 546 Effective income tax rate -29.2 % -101.7 %

Note I - Intangible Assets (Tab

Note I - Intangible Assets (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	Net Book Value Rollforward Net Book Value By Asset Type Gross Carrying Amount Accumulated Amortization / Impairment Net Book Value Customer Relationships Technology Know-how Trade Name Other Total Balance at June 30, 2024 $ 34,533 $ (21,847 ) $ 12,686 $ 6,720 $ 2,098 $ 1,511 $ 2,357 $ 12,686 Addition 186 - 186 - - - 186 186 Amortization - (926 ) (926 ) (338 ) (360 ) (22 ) (206 ) (926 ) Translation adjustment 345 - 345 241 83 20 1 345 Balance at September 27, 2024 $ 35,064 $ (22,773 ) $ 12,291 $ 6,623 $ 1,821 $ 1,509 $ 2,338 $ 12,291
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Fiscal Year 2025 $ 2,701 2026 2,332 2027 2,225 2028 1,981 2029 1,433 2030 312 Thereafter 1,307 $ 12,291

Note J - Long-term Debt (Tables

Note J - Long-term Debt (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Debt [Table Text Block]	September 27, 2024 June 30, 2024 Credit Agreement Debt Revolving loans (expire April 2027) $ 20,271 $ 16,288 Term loan (due April 2027) 9,500 9,500 Other 23 23 Subtotal 29,794 25,811 Less: current maturities (2,000 ) (2,000 ) Total long-term debt $ 27,794 $ 23,811

Note K - Shareholders' Equity (

Note K - Shareholders' Equity (Tables)	3 Months Ended
	Sep. 27, 2024
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 Loss Stock Interest Equity Balance, June 30, 2024 $ 41,798 $ 129,592 $ (6,905 ) $ (9,783 ) $ 352 $ 155,054 Net loss (2,765 ) (7 ) (2,772 ) Dividends paid to shareholders (570 ) (570 ) Translation adjustments 7,021 143 7,164 Benefit plan adjustments, net of tax 221 221 Unrealized loss on hedges, net of tax (853 ) (853 ) Compensation expense 1,024 1,024 Stock awards, net (2,920 ) 1,671 (1,249 ) Balance, September 27, 2024 $ 39,902 $ 126,257 $ (516 ) $ (8,112 ) $ 488 $ 158,019 Twin Disc, Inc. Shareholders’ Equity Accumulated Other Non- Common Retained Comprehensive Treasury Controlling Total Stock Earnings Loss Stock Interest Equity Balance, June 30, 2023 $ 42,855 $ 120,299 $ (5,570 ) $ (12,491 ) $ 424 $ 145,517 Net loss (1,173 ) 90 (1,083 ) Translation adjustments (3,096 ) 60 (3,036 ) Benefit plan adjustments, net of tax (171 ) (171 ) Unrealized gain on hedges, net of tax 216 216 Compensation expense 495 495 Stock awards, net (3,911 ) 2,148 (1,763 ) Balance, September 29, 2023 $ 39,439 $ 119,126 $ (8,621 ) $ (10,343 ) $ 574 $ 140,175
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, June 30, 2024 $ (849 ) $ (8,062 ) $ 504 $ 1,502 Translation adjustment during the quarter 7,021 - - - Amounts reclassified from accumulated other comprehensive loss - 221 (169 ) (684 ) Net current period other comprehensive income (loss) 7,021 221 (169 ) (684 ) Balance, September 27, 2024 $ 6,172 $ (7,841 ) $ 335 $ 818 Translation Benefit Plan Cash Flow Net Investment Adjustment Adjustment Hedges Hedges Balance, June 30, 2023 $ (1,582 ) $ (5,948 ) $ 688 $ 1,272 Translation adjustment during the quarter (3,096 ) - - - Amounts reclassified from accumulated other comprehensive loss - (171 ) (6 ) 222 Net current period other comprehensive (loss) income (3,096 ) (171 ) (6 ) 222 Balance, September 29, 2023 $ (4,678 ) $ (6,119 ) $ 682 $ 1,494
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Amount Reclassified Quarter Ended September 27, 2024 Changes in benefit plan items Actuarial gains $ 285 (a) Transition asset and prior service benefit (53 ) (a) Total amortization 232 Income tax expense (11 ) Total reclassification net of tax $ 221 Amount Reclassified Quarter Ended September 29, 2023 Changes in benefit plan items Actuarial losses $ (172 ) (a) Transition asset and prior service benefit (4 ) (a) Total amortization (176 ) Income tax expense 5 Total reclassification net of tax $ (171 )

Note L - Earnings Per Share (Ta

Note L - Earnings Per Share (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	September 27, 2024 September 29, 2023 Basic: Net loss $ (2,772 ) $ (1,083 ) Less: Net loss (income) attributable to noncontrolling interest 7 (90 ) Net loss attributable to Twin Disc, Incorporated (2,765 ) (1,173 ) Weighted average shares outstanding - basic 13,778 13,527 Basic loss Per Share: Net loss per share - basic $ (0.20 ) $ (0.09 ) Diluted: Net loss $ (2,772 ) $ (1,083 ) Less: Net loss (income) attributable to noncontrolling interest 7 (90 ) Net loss attributable to Twin Disc, Incorporated (2,765 ) (1,173 ) Weighted average shares outstanding - basic 13,778 13,527 Weighted average shares outstanding - diluted 13,778 13,527 Diluted loss Per Share: Net loss per share - diluted $ (0.20 ) $ (0.09 )

Note M - Lease Liabilities (Tab

Note M - Lease Liabilities (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Assets and Liabilities, Lessee [Table Text Block]	Condensed Consolidated Balance Sheets Location September 27, 2024 June 30, 2024 Lease Assets Right-of-use operating lease assets Right-of-use assets operating leases $ 16,700 $ 16,622 Right-of-use finance lease assets Property, plant and equipment, net 5,575 5,210 Lease Liabilities Right-of-use operating lease liabilities, current Accrued liabilities $ 2,392 $ 2,352 Right-of-use operating lease liabilities, non-current Right-of-use lease obligations 14,506 14,376 Right-of-use finance lease liabilities, current Accrued liabilities 2,133 3,123 Right-of-use finance lease liabilities, non-current Other long-term liabilities $ 5,089 $ 4,795
Lease, Cost [Table Text Block]	For the Quarter Ended September 27, 2024 September 29, 2023 Finance lease cost: Amortization of right-of-use assets $ 232 $ 222 Interest on lease liabilities 94 73 Operating lease cost 939 893 Short-term lease cost 11 3 Variable lease cost 100 100 Total lease cost 1,376 1,291 Less: Sublease income (21 ) (20 ) Net lease cost $ 1,355 $ 1,271
Operating and Finance Leases, Other Disclosures [Table Text Block]	For the Quarter Ended September 27, 2024 September 29, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,013 $ 924 Operating cash flows from finance leases 94 73 Financing cash flows from finance leases 546 847 Right-of-use-assets obtained in exchange for lease obligations: Operating leases 330 15 Finance leases 508 484 Weighted average remaining lease term (years): Operating leases 8.5 8.2 Finance lease 8.4 9.7 Weighted average discount rate: Operating leases 8.4 % 7.6 % Finance leases 6.5 % 5.7 %
Schedule of Future Minimum Rental Payments for Operating Leases and Finance Lease, Liability, Maturity [Table Text Block]	Operating Leases Finance Leases 2025 $ 2,809 $ 2,462 2026 3,431 1,154 2027 3,023 1,097 2028 2,531 995 2029 2,335 680 2030 1,868 503 Thereafter 8,179 1,868 Total future lease payments 24,176 8,759 Less: Amount representing interest (7,278 ) (1,537 ) Present value of future payments $ 16,898 $ 7,222

Note N - Derivative Financial_2

Note N - Derivative Financial Instruments (Tables)	3 Months Ended
	Sep. 27, 2024
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Condensed Consolidated Balance Sheets Location September 27, 2024 June 30, 2024 Derivative designated as hedge: Interest rate swap Other current assets $ 107 $ 218 Interest rate swap Other noncurrent assets 18 76
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	Condensed Consolidated Statements of Operations For the Quarter Ended and Comprehensive Income (Loss) Location September 27, 2024 September 29, 2023 Derivative designated as hedge: Interest rate swap Interest expense $ 57 $ 71 Interest rate swap Unrealized loss on hedges (169 ) (6 ) Net investment hedge Unrealized (loss) gain on hedges (684 ) 222

Note A - Basis of Presentatio_2

Note A - Basis of Presentation and Other Information (Details Textual)	May 31, 2024
Katsa Oy [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100%

Note B - Inventories (Details T

Note B - Inventories (Details Textual) - Boat Management System Product Line [Member] - USD ($) $ in Millions	3 Months Ended
	Dec. 29, 2023	Sep. 29, 2023
Inventory Write-down		$ 2.1
UNITED STATES
Inventory Write-down	$ 1.6

Note B - Inventories - Inventor

Note B - Inventories - Inventories (Details) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Finished parts	$ 65,318	$ 60,166
Work in process	28,000	23,096
Raw materials	50,547	47,222
Total inventories	$ 143,865	$ 130,484

Note C - Warranty (Details Text

Note C - Warranty (Details Textual) - USD ($) $ in Thousands	Sep. 27, 2024	Sep. 29, 2023
Product Warranty Accrual, Current	$ 3,452	$ 3,409
Product Warranty Accrual, Noncurrent	$ 998	$ 751

Note C - Warranty - Warranty (D

Note C - Warranty - Warranty (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Reserve balance, beginning of period	$ 4,220	$ 3,476
Current period expense and adjustments	837	1,516
Payments or credits to customers	(821)	(821)
Translation	214	(11)
Reserve balance, end of period	$ 4,450	$ 4,160

Note E - Business Segments (Det

Note E - Business Segments (Details Textual)	3 Months Ended
	Sep. 27, 2024
Number of Reportable Segments	2

Note E - Business Segments - Re

Note E - Business Segments - Revenues by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Net sales	$ 72,897	$ 63,554
Manufacturing segment net income	(2,765)	(1,173)
Intersegment Eliminations [Member]
Net sales	(20,004)	(23,836)
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Manufacturing segment net income	(5,585)	(3,737)
Manufacturing Segment [Member] | Operating Segments [Member]
Net sales	63,318	54,537
Manufacturing segment net income	1,869	1,558
Manufacturing Segment [Member] | Intersegment Eliminations [Member]
Net sales	(13,372)	(20,184)
Distribution Segment [Member] | Operating Segments [Member]
Net sales	29,583	32,853
Manufacturing segment net income	951	1,006
Distribution Segment [Member] | Intersegment Eliminations [Member]
Net sales	$ (6,632)	$ (3,652)

Note E - Business Segments - As

Note E - Business Segments - Assets by Segment (Details) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Segment Assets	$ 323,547	$ 312,058
Operating Segments [Member] | Manufacturing Segment [Member]
Segment Assets	474,502	443,149
Operating Segments [Member] | Distribution Segment [Member]
Segment Assets	63,108	73,033
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Segment Assets	$ (214,063)	$ (204,124)

Note E - Business Segments - Ne

Note E - Business Segments - Net Sales by Product Group (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Net Sales	$ 72,897	$ 63,554
Intersegment Eliminations [Member]
Net Sales	(20,004)	(23,836)
Manufacturing Segment [Member] | Operating Segments [Member]
Net Sales	63,318	54,537
Manufacturing Segment [Member] | Intersegment Eliminations [Member]
Net Sales	(13,372)	(20,184)
Distribution Segment [Member] | Operating Segments [Member]
Net Sales	29,583	32,853
Distribution Segment [Member] | Intersegment Eliminations [Member]
Net Sales	(6,632)	(3,652)
Industrial [Member]
Net Sales	9,169	5,684
Industrial [Member] | Intersegment Eliminations [Member]
Net Sales	(681)	(634)
Industrial [Member] | Manufacturing Segment [Member] | Operating Segments [Member]
Net Sales	8,797	5,290
Industrial [Member] | Distribution Segment [Member] | Operating Segments [Member]
Net Sales	1,053	1,028
Land Based Transmissions [Member]
Net Sales	17,284	18,578
Land Based Transmissions [Member] | Intersegment Eliminations [Member]
Net Sales	(4,432)	(8,774)
Land Based Transmissions [Member] | Manufacturing Segment [Member] | Operating Segments [Member]
Net Sales	18,153	14,681
Land Based Transmissions [Member] | Distribution Segment [Member] | Operating Segments [Member]
Net Sales	3,563	12,671
Marine and Propulsion Systems [Member]
Net Sales	42,100	36,464
Marine and Propulsion Systems [Member] | Intersegment Eliminations [Member]
Net Sales	(14,578)	(14,422)
Marine and Propulsion Systems [Member] | Manufacturing Segment [Member] | Operating Segments [Member]
Net Sales	36,347	34,566
Marine and Propulsion Systems [Member] | Distribution Segment [Member] | Operating Segments [Member]
Net Sales	20,331	16,320
Other [Member]
Net Sales	4,344	2,828
Other [Member] | Intersegment Eliminations [Member]
Net Sales	(313)	(6)
Other [Member] | Manufacturing Segment [Member] | Operating Segments [Member]
Net Sales	21	0
Other [Member] | Distribution Segment [Member] | Operating Segments [Member]
Net Sales	$ 4,636	$ 2,834

Note F - Stock-based Compensa_2

Note F - Stock-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 27, 2024	Sep. 29, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		1,636,550
Performance Stock Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		232,200	238,700
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		116,100	119,300
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)		3 years	3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)		350,000	329,900
Share-Based Payment Arrangement, Expense		$ 659	$ 53
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value (in dollars per share)		$ 10.85
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 2,672
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		$ 0	$ 0
Performance Stock Unit Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		20,900
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		0	10,500
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)		10,500	10,500
Share-Based Payment Arrangement, Expense		$ 11	$ 7
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value (in dollars per share)		$ 12.15
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 76
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		0	$ 0
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	1,800		81,500
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	244,400		260,200
Share-Based Payment Arrangement, Expense		311	$ 312
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		993
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		$ 27	$ 1,623
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	0		2,400
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		3 years
Restricted Stock [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)		1 year
Restricted Stock [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)		3 years
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		77,400	7,100
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)		3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)		156,900	136,800
Share-Based Payment Arrangement, Expense		$ 43	$ 123
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value (in dollars per share)		$ 10.79
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,089
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		$ 701	$ 0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		3 years
The 2021 Long-Term Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		715,000
The 2020 Directors Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		521,550
Amended and Restated 2021 Omnibus Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		400,000

Note G - Pension and Other Po_3

Note G - Pension and Other Postretirement Benefit Plans (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, after Tax	$ 221	$ 171
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, Tax	11	$ 5
Pension Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year	556
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 205

Note G - Pension and Other Po_4

Note G - Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Amortization of prior service cost	$ (69)	$ (22)
Amortization of actuarial net loss	(10)	(155)
Pension Plan [Member]
Service cost	82	94
Prior service cost	5	0
Interest cost	837	896
Expected return on plan assets	(826)	(1,048)
Amortization of transition obligation	10	10
Amortization of prior service cost	6	9
Amortization of actuarial net loss	246	15
Net periodic benefit cost (gain)	360	(24)
Other Postretirement Benefits Plan [Member]
Service cost	3	2
Interest cost	53	48
Net periodic benefit cost (gain)	$ (23)	$ (127)

Note H - Income Taxes (Details

Note H - Income Taxes (Details Textual) $ in Thousands	3 Months Ended
	Sep. 27, 2024 USD ($)
Effective Income Tax Rate Reconciliation, Release of Uncertain Tax Positions, Amount	$ (227)

Note H - Income Taxes - Reconci

Note H - Income Taxes - Reconciliation of Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Foreign earnings, before income taxes of $854 and $516, respectively	$ 3,443	$ 2,055
Domestic losses, before income taxes of ($227) and $30, respectively	(5,588)	(2,592)
Loss before income taxes and noncontrolling interest	(2,145)	(537)
Income tax expense	$ 627	$ 546
Effective income tax rate	(29.20%)	(101.70%)

Note H - Income Taxes - Recon_2

Note H - Income Taxes - Reconciliation of Income Taxes (Details) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Foreign earnings, tax	$ 854	$ 516
Domestic losses, tax	$ (227)	$ 30

Note I - Intangible Assets (Det

Note I - Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Amortization of Intangible Assets	$ 926	$ 819

Note I - Intangible Assets - In

Note I - Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Balance, Definite Intangible Assets Gross Carrying Amount	$ 34,533
Balance, Definite Intangible Assets Accumulated Amortization/Impairment	(21,847)
Balance at June 30, Definite Intangible Assets Net Book Value	12,686
Addition, Definite Intangible Assets Gross Carrying Amount	186
Addition, Definite Intangible Assets Net Book Value	186
Amortization, Intangible Asset	(926)	$ (819)
Translation adjustment, Definite Intangible Assets Gross Carrying Amount	345
Translation adjustment, Definite Intangible Assets Net Book Value	345
Balance, Definite Intangible Assets Gross Carrying Amount	35,064
Balance, Definite Intangible Assets Accumulated Amortization/Impairment	(22,773)
Balance at June 30, Definite Intangible Assets Net Book Value	12,291
Customer Relationships [Member]
Balance at June 30, Definite Intangible Assets Net Book Value	6,720
Addition, Definite Intangible Assets Net Book Value	0
Amortization, Intangible Asset	(338)
Translation adjustment, Definite Intangible Assets Net Book Value	241
Balance at June 30, Definite Intangible Assets Net Book Value	6,623
Technology-Based Intangible Assets [Member]
Balance at June 30, Definite Intangible Assets Net Book Value	2,098
Addition, Definite Intangible Assets Net Book Value	0
Amortization, Intangible Asset	(360)
Translation adjustment, Definite Intangible Assets Net Book Value	83
Balance at June 30, Definite Intangible Assets Net Book Value	1,821
Trade Names [Member]
Balance at June 30, Definite Intangible Assets Net Book Value	1,511
Addition, Definite Intangible Assets Net Book Value	0
Amortization, Intangible Asset	(22)
Translation adjustment, Definite Intangible Assets Net Book Value	20
Balance at June 30, Definite Intangible Assets Net Book Value	1,509
Other Intangible Assets [Member]
Balance at June 30, Definite Intangible Assets Net Book Value	2,357
Addition, Definite Intangible Assets Net Book Value	186
Amortization, Intangible Asset	(206)
Translation adjustment, Definite Intangible Assets Net Book Value	1
Balance at June 30, Definite Intangible Assets Net Book Value	$ 2,338

Note I - Intangible Assets - Es

Note I - Intangible Assets - Estimated Intangibles Amortization Expense (Details) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
2025	$ 2,701
2026	2,332
2027	2,225
2028	1,981
2029	1,433
2030	312
Thereafter	1,307
Finite-Lived Intangible Assets, Net	$ 12,291	$ 12,686

Note J - Long-term Debt (Detail

Note J - Long-term Debt (Details Textual) $ in Thousands	3 Months Ended
	Sep. 27, 2024 USD ($)	Jun. 30, 2024 USD ($)	Apr. 01, 2024 USD ($)	Jun. 29, 2018 USD ($)
Long-Term Debt, Current Maturities	$ 2,000	$ 2,000
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Bank of Montreal [Member]
Derivative, Notional Amount	9,500			$ 20,000
Katsa Oy [Member]
Business Acquisition, Transaction Costs	$ 600
BMO [Member] | The 2018 Credit Agreement [Member]
Debt Instrument, Percentage of Equity Interest in Domestic Subsidiaries Pledged	100%
Debt Instrument, Percentage of Equity Interest in Foreign Subsidiaries Pledged	65%
Debt Instrument, Debt Default, Percentage of Letter of Credit Obligations Required to Cash Collateralize	105%
Long-Term Debt, Current Maturities	$ 2,000
BMO [Member] | The 2018 Credit Agreement [Member] | Term Loan [Member]
Debt Agreement, Maximum Borrowing Capacity	20,000
Debt Instrument, Periodic Payment, Total	$ 500
Debt Instrument, Interest Rate During Period	7.52%
BMO [Member] | The 2018 Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Agreement, Maximum Borrowing Capacity				35,000
Line of Credit Facility, Maximum Borrowing Capacity				$ 50,000
Debt Instrument, Interest Rate During Period	6.03%
Line of Credit Facility, Current Borrowing Capacity	$ 41,027
Line of Credit Facility, Remaining Borrowing Capacity	20,756
BMO [Member] | The 2018 Credit Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument, Covenant, Maximum Cash Dividends			$ 5,000
BMO [Member] | The Tenth Amendment [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 45,000
BMO [Member] | The Ninth Amendment [Member] | Term Loan [Member]
Debt Instrument, Covenant, Minimum Tangible Net Worth Plus Half of Net Income	$ 100,000
BMO [Member] | The Ninth Amendment [Member] | Term Loan [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.625%
BMO [Member] | The Ninth Amendment [Member] | Term Loan [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.125%
BMO [Member] | The Ninth Amendment [Member] | Unused Revolving Credit Commitment [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.30%
BMO [Member] | The Ninth Amendment [Member] | Unused Revolving Credit Commitment [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.15%
BMO [Member] | The Ninth Amendment [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.50%
Fixed Charge Coverage Ratio	1.1
BMO [Member] | The Ninth Amendment [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2%
Total Funded Debt To EBITDA Allowable Ratio	3.5

Note J - Long-term Debt - Sched

Note J - Long-term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Long-term debt	$ 29,794	$ 25,811
Less: current maturities	(2,000)	(2,000)
Total long-term debt	27,794	23,811
Revolving Loan [Member]
Long-term debt	20,271	16,288
Term Loan [Member]
Long-term debt	9,500	9,500
Other Long-Term Debt [Member]
Long-term debt	$ 23	$ 23

Note K - Shareholders' Equity_2

Note K - Shareholders' Equity (Details Textual) - shares	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Share Repurchase Program, Remaining Authorized, Number of Shares (in shares)	315
Treasury Stock, Shares, Acquired (in shares)	0	0

Note K - Shareholders' Equity -

Note K - Shareholders' Equity - Shareholders' Equity Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Balance	$ 155,054	$ 145,517
Total reclassification net of tax	(2,772)	(1,083)
Dividends paid to shareholders	(570)
Translation adjustments	7,164	(3,036)
Benefit plan adjustments, net of tax	221	(171)
Unrealized gain (loss) on hedges	(853)	216
Compensation expense	1,024	495
Stock awards, net	(1,249)	(1,763)
Balance	158,019	140,175
Common Stock [Member]
Balance	41,798	42,855
Compensation expense	1,024	495
Stock awards, net	(2,920)	(3,911)
Balance	39,902	39,439
Retained Earnings [Member]
Balance	129,592	120,299
Total reclassification net of tax	(2,765)	(1,173)
Dividends paid to shareholders	(570)
Balance	126,257	119,126
AOCI Attributable to Parent [Member]
Balance	(6,905)	(5,570)
Translation adjustments	7,021	(3,096)
Benefit plan adjustments, net of tax	221	(171)
Unrealized gain (loss) on hedges	(853)	216
Balance	(516)	(8,621)
Treasury Stock, Common [Member]
Balance	(9,783)	(12,491)
Stock awards, net	1,671	2,148
Balance	(8,112)	(10,343)
Noncontrolling Interest [Member]
Balance	352	424
Total reclassification net of tax	(7)	90
Translation adjustments	143	60
Balance	$ 488	$ 574

Note K - Shareholders' Equity_3

Note K - Shareholders' Equity - Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Balance	$ 155,054	$ 145,517
Foreign currency translation adjustment	7,164	(3,036)
Balance	158,019	140,175
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(849)	(1,582)
Foreign currency translation adjustment	7,021	(3,096)
Amounts reclassified from accumulated other comprehensive loss	0	0
Net current period other comprehensive income (loss)	7,021	(3,096)
Balance	6,172	(4,678)
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Balance	(8,062)	(5,948)
Foreign currency translation adjustment	0	0
Amounts reclassified from accumulated other comprehensive loss	221	(171)
Net current period other comprehensive income (loss)	221	(171)
Balance	(7,841)	(6,119)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	504	688
Foreign currency translation adjustment	0	0
Amounts reclassified from accumulated other comprehensive loss	(169)	(6)
Net current period other comprehensive income (loss)	(169)	(6)
Balance	335	682
Accumulated Gain (Loss), Net, Net Investment Hedge [Member]
Balance	1,502	1,272
Foreign currency translation adjustment	0	0
Amounts reclassified from accumulated other comprehensive loss	(684)	222
Net current period other comprehensive income (loss)	(684)	222
Balance	$ 818	$ 1,494

Note K - Shareholders' Equity_4

Note K - Shareholders' Equity - Reconciliation for the Reclassifications Out of Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 27, 2024	Sep. 29, 2023
Total amortization		$ (2,145)	$ (537)
Income tax expense		627	546
Total reclassification net of tax		(2,772)	(1,083)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Actuarial gains	[1]	285	(172)
Transition asset and prior service benefit	[1]	(53)	(4)
Total amortization		232	(176)
Income tax expense		(11)	5
Total reclassification net of tax		$ 221	$ (171)
[1]These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note G, "Pension and Other Postretirement Benefit Plans" for further details).

Note L - Earnings Per Share (De

Note L - Earnings Per Share (Details Textual) - shares	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	84,500	265,000
PSAU Award [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	5,200
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	157,200	108,500
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	103,200	72,600

Note L - Earnings Per Share - C

Note L - Earnings Per Share - Components of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Net loss	$ (2,772)	$ (1,083)
Less: Net loss (income) attributable to noncontrolling interest	7	(90)
Net loss attributable to Twin Disc, Incorporated	$ (2,765)	$ (1,173)
Weighted average shares outstanding - basic (in shares)	13,778	13,527
Basic loss per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share)	$ (0.2)	$ (0.09)
Weighted average shares outstanding - diluted (in shares)	13,778	13,527
Diluted loss per share attributable to Twin Disc, Incorporated common shareholders (in dollars per share)	$ (0.2)	$ (0.09)

Note M - Lease Liabilities - Co

Note M - Lease Liabilities - Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Right-of-use operating lease assets	$ 16,700	$ 16,622
Right-of-use finance lease assets	5,575	5,210
Right-of-use operating lease liabilities, current	2,392	2,352
Right-of-use operating lease liabilities, non-current	14,506	14,376
Right-of-use finance lease liabilities, current	2,133	3,123
Right-of-use finance lease liabilities, non-current	$ 5,089	$ 4,795

Note M - Lease Liabilities - _2

Note M - Lease Liabilities - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Amortization of right-of-use assets	$ 232	$ 222
Interest on lease liabilities	94	73
Operating lease cost	939	893
Short-term lease cost	11	3
Variable lease cost	100	100
Total lease cost	1,376	1,291
Less: Sublease income	(21)	(20)
Net lease cost	$ 1,355	$ 1,271

Note M - Lease Liabilities - Ot

Note M - Lease Liabilities - Other Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Operating cash flows from operating leases	$ 1,013	$ 924
Operating cash flows from finance leases	94	73
Financing cash flows from finance leases	546	847
Right-of-use-assets obtained in exchange for lease obligations: Operating leases	330	15
Right-of-use-assets obtained in exchange for lease obligations: Finance leases	$ 508	$ 484
Weighted average remaining lease term (years): Operating leases (Year)	8 years 6 months	8 years 2 months 12 days
Weighted average remaining lease term (years): Finance lease (Year)	8 years 4 months 24 days	9 years 8 months 12 days
Weighted average discount rate: Operating leases	8.40%	7.60%
Weighted average discount rate: Finance leases	6.50%	5.70%

Note M - Lease Liabilities - Fu

Note M - Lease Liabilities - Future Minimum Rental Commitments Under Noncancelable Leases (Details) $ in Thousands	Sep. 27, 2024 USD ($)
2025, Operating Leases	$ 2,809
2025, Finance Leases	2,462
2026, Operating Leases	3,431
2026, Finance Leases	1,154
2027, Operating Leases	3,023
2027, Finance Leases	1,097
2028, Operating Leases	2,531
2028, Finance Leases	995
2029, Operating Leases	2,335
2029, Finance Leases	680
2030, Operating Leases	1,868
2030, Finance Leases	503
Thereafter, Operating Leases	8,179
Thereafter, Finance Leases	1,868
Total future lease payments, Operating Leases	24,176
Total future lease payments, Finance Leases	8,759
Less: Amount representing interest, Operating Leases	(7,278)
Less: Amount representing interest, Finance Leases	(1,537)
Present value of future payments, Operating Leases	16,898
Present value of future payments, Finance Leases	$ 7,222

Note N - Derivative Financial_3

Note N - Derivative Financial Instruments (Details Textual) $ in Thousands, € in Millions	3 Months Ended	12 Months Ended
	Sep. 27, 2024 USD ($)	Jun. 30, 2024 USD ($)	Sep. 29, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2021 EUR (€)	Jun. 29, 2018 USD ($)
Equity, Including Portion Attributable to Noncontrolling Interest	$ 158,019	$ 155,054	$ 140,175	$ 145,517
Cash Flow Hedge Gain (Loss) to be Reclassified within 12 Months	$ 110
Interest Rate Swap [Member]
Derivative, Number of Instruments Held	1
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Bank of Montreal [Member]
Derivative, Notional Amount	$ 9,500					$ 20,000
Equity, Including Portion Attributable to Noncontrolling Interest	(335)	(504)
Euro Denominated Revolving Loan [Member] | Net Investment Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative, Notional Amount | €					€ 13
Derivative, Gain (Loss) on Derivative, Net	$ (818)	$ (1,502)

Note N - Derivative Financial_4

Note N - Derivative Financial Instruments - Fair Value of Derivative Instruments (Details) - Interest Rate Swap [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Interest rate swap	$ 107	$ 218
Interest rate swap	$ 18	$ 76

Note N - Derivative Financial_5

Note N - Derivative Financial Instruments - Fair Value of Derivative Instruments (Details) (Parentheticals) - USD ($) $ in Thousands	Sep. 27, 2024	Jun. 30, 2024
Assets, Current [Abstract]
Other Assets, Current	$ 18,158	$ 16,870
Assets, Noncurrent [Abstract]
Other Assets, Noncurrent	$ 2,676	$ 2,706

Note N - Derivative Financial_6

Note N - Derivative Financial Instruments - Impact of the Company's Derivative Instruments on the Consolidated Statement of Operations and Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2024	Sep. 29, 2023
Unrealized gain (loss) on hedges	$ (853)	$ 216
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Unrealized Gain (Loss) on Hedges [Member] | Cash Flow Hedging [Member]
Unrealized gain (loss) on hedges	(169)	(6)
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Interest Expense [Member]
Gain (loss) on derivative instruments	57	71
Euro Denominated Revolving Loan [Member] | Designated as Hedging Instrument [Member] | Unrealized Gain (Loss) on Hedges [Member] | Net Investment Hedging [Member]
Unrealized gain (loss) on hedges	$ (684)	$ 222