Twin Disc, Incorporated(NASDAQ:TWIN)

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. It operates through two segments, Manufacturing and Distribution. The company's products include marine transmissions, azimuth drives, surface drives, propellers, and bo...
Website: http://www.twindisc.com
Founded: 1918
Full Time Employees: 806
Sector: Industrials
Industry: Specialty Industrial Machinery
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-12-26 | 2025-09-26 | 2025-06-30 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-30 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-30 | 2022-09-30 | 2022-06-30 | 2021-12-31 | 2021-09-24 | 2021-06-30 | 2020-12-25 | 2020-09-25 | 2020-06-30 | 2020-03-27 | 2019-12-27 | 2019-09-27 | 2019-06-30 | 2019-03-29 | 2018-12-28 | 2018-09-28 | 2018-06-30 | 2018-03-30 | 2016-09-30 | 2016-03-25 | 2015-12-25 | 2015-09-25 | 2015-09-14 | 2015-05-04 | 2015-02-04 | 2014-11-05 | 2014-09-15 | 2014-06-20 | 2014-02-05 | 2013-11-06 | 2013-09-13 | 2013-05-08 | 2013-02-06 | 2012-11-07 | 2012-09-13 | 2012-05-09 | 2011-11-09 | 2011-09-13 | 2010-09-13 | 2009-09-10 | 2007-12-28 | 2007-09-28 | 2006-12-31 | 2006-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 90,180,000 | 79,996,000 | 96,678,000 | 81,242,000 | 89,921,000 | 72,897,000 | 84,418,000 | 74,161,000 | 72,994,000 | 63,554,000 | 83,924,000 | 73,772,000 | 63,351,000 | 55,913,000 | 59,889,000 | 47,761,000 | 48,438,000 | 46,143,000 | 59,376,000 | 68,636,000 | 59,536,000 | 59,290,000 | 72,447,000 | 77,420,000 | 78,107,000 | 74,689,000 | 73,773,000 | 65,349,000 | 35,835,000 | 41,434,000 | 44,829,000 | 37,373,000 | 67,334,000 | 60,941,000 | 72,691,000 | 64,824,000 | 73,566,000 | 60,705,000 | 63,212,000 | 66,426,000 | 75,931,000 | 68,232,000 | 72,325,000 | 68,793,000 | 96,109,000 | 95,490,000 | 81,330,000 | 81,894,000 | 73,613,000 | 74,239,000 | ||||||
yoy | 0.29% | 9.74% | 14.52% | 9.55% | 23.19% | 14.70% | 0.59% | 0.53% | 15.22% | 13.67% | 23.18% | 32.64% | 29.79% | -19.56% | -18.64% | -22.17% | -18.04% | -11.35% | -23.78% | -20.62% | -1.80% | 18.47% | 117.96% | 80.26% | 64.57% | 74.86% | -46.78% | -32.01% | -38.33% | -42.35% | -8.47% | 0.39% | 15.00% | -2.41% | -3.11% | -11.03% | -12.60% | -3.44% | -20.99% | -28.55% | -11.07% | -0.69% | ||||||||||||||
qoq | 12.73% | -17.26% | 19.00% | -9.65% | 23.35% | -13.65% | 13.83% | 1.60% | 14.85% | -24.27% | 13.76% | 16.45% | 13.30% | 25.39% | 4.97% | -22.29% | -13.49% | 15.28% | 0.41% | -18.16% | -6.42% | -0.88% | 4.58% | 1.24% | 12.89% | 82.36% | -13.51% | -7.57% | 19.95% | -44.50% | 10.49% | -16.16% | 12.14% | -11.88% | 21.19% | -3.97% | -4.84% | -12.52% | 11.28% | -5.66% | 5.13% | -28.42% | 0.65% | 17.41% | 11.25% | -0.84% | ||||||||||
cost of goods sold | 67,813,000 | 57,062,000 | 66,660,000 | 59,536,000 | 66,662,000 | 53,575,000 | 59,332,000 | 53,221,000 | 52,338,000 | 43,818,000 | 59,177,000 | 54,507,000 | 46,328,000 | 42,616,000 | 46,407,000 | 34,314,000 | 38,953,000 | 35,866,000 | 45,564,000 | 52,087,000 | 43,825,000 | 49,654,000 | 55,996,000 | 54,303,000 | 52,019,000 | 50,704,000 | 46,283,000 | 44,624,000 | 26,662,000 | 31,816,000 | 33,223,000 | 29,183,000 | 47,800,000 | 41,935,000 | 50,588,000 | 42,435,000 | 52,051,000 | 44,177,000 | 44,668,000 | 45,759,000 | 55,308,000 | 50,558,000 | 50,014,000 | 49,377,000 | 67,863,000 | 62,434,000 | 50,562,000 | 56,548,000 | 49,762,000 | 49,850,000 | 44,219,000 | |||||
cost of goods sold - other | 1,579,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 22,367,000 | 22,934,000 | 30,018,000 | 21,706,000 | 21,680,000 | 19,322,000 | 25,086,000 | 20,940,000 | 20,656,000 | 16,637,000 | 24,747,000 | 19,265,000 | 17,023,000 | 13,297,000 | 13,482,000 | 13,447,000 | 9,485,000 | 10,277,000 | 13,812,000 | 16,549,000 | 15,711,000 | 9,636,000 | 16,451,000 | 23,117,000 | 26,088,000 | 23,985,000 | 27,490,000 | 20,725,000 | 9,173,000 | 9,618,000 | 11,606,000 | 8,190,000 | 19,534,000 | 19,006,000 | 22,103,000 | 22,389,000 | 21,515,000 | 16,528,000 | 18,544,000 | 20,667,000 | 20,623,000 | 17,674,000 | 22,311,000 | 19,416,000 | 28,246,000 | 33,056,000 | 30,768,000 | 25,346,000 | ||||||||
yoy | 3.17% | 18.69% | 19.66% | 3.66% | 4.96% | 16.14% | 1.37% | 8.69% | 21.34% | 25.12% | 42.89% | 26.59% | 31.19% | -2.64% | -39.63% | 6.65% | -16.04% | -28.41% | -39.78% | -59.82% | -40.16% | 11.54% | 184.40% | 149.38% | 136.86% | 153.05% | -53.04% | -49.39% | -47.49% | -63.42% | -9.21% | 14.99% | 19.19% | 8.33% | 4.33% | -6.48% | -16.88% | 6.44% | -26.99% | -46.53% | -27.49% | 21.39% | ||||||||||||||
qoq | -2.47% | -23.60% | 38.29% | 0.12% | 12.20% | -22.98% | 19.80% | 1.37% | 24.16% | -32.77% | 28.46% | 13.17% | 28.02% | 0.26% | -7.71% | -25.59% | -16.54% | 5.33% | 63.04% | -41.43% | -28.84% | -11.39% | 8.77% | -12.75% | 32.64% | 125.93% | -4.63% | -17.13% | 41.71% | -58.07% | 2.78% | -14.01% | -1.28% | 4.06% | 30.17% | -10.87% | -10.27% | 0.21% | 16.69% | -20.78% | 14.91% | -31.26% | -14.55% | 7.44% | ||||||||||||
gross margin % | 24.80% | 28.67% | 31.05% | 26.72% | 24.11% | 26.51% | 29.72% | 28.24% | 28.30% | 26.18% | 29.49% | 26.11% | 26.87% | 23.78% | NaN% | 22.51% | 28.15% | NaN% | 19.58% | 22.27% | 23.26% | 24.11% | 26.39% | 16.25% | 22.71% | 29.86% | 33.40% | 32.11% | 37.26% | 31.71% | 25.60% | 23.21% | 25.89% | 21.91% | 29.01% | 31.19% | 30.41% | 34.54% | 29.25% | 27.23% | 29.34% | 31.11% | 27.16% | 25.90% | 30.85% | 28.22% | 29.39% | 34.62% | 37.83% | NaN% | 30.95% | 0% | 0% | NaN% | ||
marketing, engineering and administrative expenses | 20,654,000 | 20,699,000 | 24,620,000 | 19,472,000 | 18,920,000 | 19,487,000 | 20,354,000 | 17,199,000 | 17,149,000 | 16,917,000 | 16,555,000 | 14,626,000 | 15,983,000 | 15,079,000 | 15,267,000 | 13,091,000 | 13,973,000 | 13,022,000 | 15,112,000 | 15,349,000 | 16,413,000 | 16,346,000 | 16,272,000 | 17,375,000 | 18,909,000 | 18,986,000 | 18,226,000 | 14,747,000 | 12,475,000 | 14,072,000 | 14,592,000 | 15,240,000 | 16,178,000 | 15,669,000 | 16,507,000 | 15,910,000 | 17,834,000 | 16,870,000 | 17,185,000 | 15,517,000 | 17,104,000 | 17,405,000 | 16,770,000 | 16,620,000 | 19,339,000 | 17,746,000 | 15,909,000 | 17,378,000 | 14,694,000 | 14,528,000 | ||||||
other operating income | -374,000 | 1,000 | 1,000 | 45,000 | -2,939,000 | -220,000 | -1,357,000 | 56,000 | -500,000 | |||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 2,087,000 | 2,235,000 | 5,345,000 | 1,947,000 | 2,760,000 | -165,000 | 4,721,000 | 3,602,000 | 3,438,000 | -280,000 | 8,222,000 | 4,605,000 | 5,026,000 | -1,793,000 | -3,020,000 | 3,247,000 | -4,608,000 | -3,150,000 | -1,536,000 | -26,935,000 | -4,950,000 | -6,831,000 | -42,000 | 6,968,000 | 6,745,000 | 4,826,000 | 8,367,000 | 5,526,000 | -3,560,000 | |||||||||||||||||||||||||||
yoy | -24.38% | -1454.55% | 13.22% | -45.95% | -19.72% | -41.07% | -42.58% | -21.78% | -31.60% | -84.38% | -252.48% | 54.79% | -4.13% | -311.39% | -6.91% | -53.89% | 3557.14% | -486.55% | -173.39% | -241.55% | -100.50% | 26.09% | -289.47% | |||||||||||||||||||||||||||||||||
qoq | -6.62% | -58.19% | 174.52% | -29.46% | -1772.73% | -103.50% | 31.07% | 4.77% | -1327.86% | -103.41% | 78.55% | -8.38% | -380.31% | -193.01% | 46.29% | 105.08% | -94.30% | 444.14% | -27.54% | 16164.29% | -100.60% | 3.31% | 39.76% | -42.32% | 51.41% | -255.22% | ||||||||||||||||||||||||||||||
operating margin % | 2.31% | 2.79% | 5.53% | 2.40% | 3.07% | -0.23% | 5.59% | 4.86% | 4.71% | -0.44% | 9.80% | 6.24% | 7.93% | -3.21% | NaN% | -5.04% | 6.80% | NaN% | -9.51% | -6.83% | -2.59% | -39.24% | -8.31% | -11.52% | -0.06% | 9.00% | 8.64% | 6.46% | 11.34% | 8.46% | -9.93% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | 0% | 0% | 0% | NaN% | ||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -772,000 | -800,000 | -855,000 | -660,000 | -495,000 | -636,000 | -2,492,000 | 263,000 | 392,000 | -394,000 | -3,935,000 | 522,000 | 594,000 | 566,000 | 574,000 | 530,000 | 590,000 | 573,000 | -3,184,000 | 488,000 | 447,000 | 389,000 | -3,510,000 | 449,000 | 417,000 | 717,000 | -509,000 | 80,000 | 53,000 | 156,000 | 109,000 | 91,000 | -1,042,000 | 122,000 | 150,000 | 164,000 | -1,633,000 | 220,000 | 223,000 | 254,000 | -2,436,000 | 366,000 | 329,000 | 306,000 | -2,604,000 | 389,000 | 359,000 | 825,000 | 744,000 | 824,000 | 421,000 | |||||
other income | -617,000 | -864,000 | -2,947,000 | -1,567,000 | 386,000 | -1,344,000 | 137,000 | -1,176,000 | 785,000 | -466,000 | 1,143,000 | -3,325,000 | 898,000 | 29,000 | -3,715,000 | 490,000 | 798,000 | 110,000 | 231,000 | -158,000 | -255,250 | -539,000 | -142,000 | -340,000 | -21,250 | 68,000 | -34,000 | -6,000 | -129,000 | 127,000 | -118,250 | 71,000 | -5,000 | -248,000 | ||||||||||||||||||||||
other income: - sum | -1,389,000 | -1,664,000 | -3,802,000 | -2,227,000 | -109,000 | -1,980,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and noncontrolling interest | 698,000 | 571,000 | 1,543,000 | -280,000 | 2,651,000 | 9,009,000 | 4,298,000 | 2,597,000 | 10,143,000 | 3,298,000 | 3,643,000 | -2,619,000 | -3,128,000 | 2,362,000 | -4,866,000 | -2,083,000 | -28,321,000 | -5,426,000 | -7,911,000 | -842,000 | 6,029,000 | 5,530,000 | 3,790,000 | 8,329,000 | 5,469,000 | -3,723,000 | ||||||||||||||||||||||||||||||
income tax benefit | 21,780,000 | -983,000 | 622,000 | -929,000 | 1,040,000 | -1,052,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 22,478,000 | -412,000 | 1,495,000 | -1,422,000 | 1,099,000 | -2,772,000 | 7,494,000 | 3,900,000 | 935,000 | -1,083,000 | 8,704,000 | 2,750,000 | 1,154,000 | -1,931,000 | -3,750,000 | 1,980,000 | -4,280,000 | -3,937,000 | -1,636,000 | -25,176,000 | -6,466,000 | -6,293,000 | -773,000 | 4,587,000 | 4,079,000 | 2,903,000 | 5,957,000 | 4,336,000 | -2,671,000 | |||||||||||||||||||||||||||
yoy | 1945.31% | -85.14% | -80.05% | -136.46% | 17.54% | 155.96% | -13.90% | 41.82% | -18.98% | -43.92% | -173.33% | -41.72% | -4.75% | -221.03% | -33.81% | -37.44% | 111.64% | -648.86% | -258.52% | -316.78% | -112.98% | 5.79% | -252.71% | |||||||||||||||||||||||||||||||||
qoq | -5555.83% | -127.56% | -205.13% | -229.39% | -139.65% | -136.99% | 92.15% | 317.11% | -186.33% | -112.44% | 216.51% | 138.30% | -159.76% | -289.39% | 8.71% | 140.65% | -93.50% | 289.36% | 2.75% | 714.10% | -116.85% | 12.45% | 40.51% | -51.27% | 37.38% | -262.34% | ||||||||||||||||||||||||||||||
net income margin % | 24.93% | -0.52% | 1.55% | -1.75% | 1.22% | -3.80% | 8.88% | 5.26% | 1.28% | -1.70% | 10.37% | 3.73% | 1.82% | -3.45% | NaN% | -6.26% | 4.15% | NaN% | -8.84% | -8.53% | -2.76% | -36.68% | -10.86% | -10.61% | -1.07% | 5.92% | 5.22% | 3.89% | 8.07% | 6.64% | -7.45% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | 0% | 0% | 0% | NaN% | ||
less: net income attributable to noncontrolling interest, net of tax | 107,000 | 106,000 | -180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to twin disc, incorporated | 22,371,000 | -518,000 | 1,423,000 | -1,472,000 | 919,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per share | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.09 | 0.09 | 0.068 | 0.09 | 0.09 | 0.09 | 0.068 | 0.09 | 0.09 | 0.09 | 0.068 | 0.09 | 0.09 | 0.09 | 0.063 | 0.09 | 0.08 | 0.07 | 0.11 | 0.095 | |||||||||||||||||||||||||||
earnings per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share attributable to twin disc, incorporated common shareholders | 1.58 | -0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share attributable to twin disc, incorporated common shareholders | 1.55 | -0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic shares outstanding | 14,165 | 13,961 | 15 | 13,895 | 13,868 | 13,778 | 20 | 13,742 | 13,718 | 13,527 | 13 | 13,504 | 13,460 | 13,407 | 13,296 | 13,283 | 13,255 | 13,197 | 6 | 13,175 | 13,164 | 13,111 | 134 | 12,914 | 12,909 | 11,722 | 6 | 11,313 | 11,217 | 11,207 | 11,197 | 11,313 | -3 | 11,277 | 11,280 | 11,270 | 2 | 11,265 | 11,264 | 11,234 | -23 | 11,243 | 11,366 | 11,368 | 11,426 | 11,396 | 5,748 | |||||||||
diluted shares outstanding | 14,389 | 13,961 | 15 | 13,895 | 14,058 | 13,778 | 25 | 13,904 | 13,923 | 13,527 | 203 | 13,662 | 13,699 | 13,407 | 13,296 | 13,350 | 13,255 | 13,197 | 6 | 13,175 | 13,164 | 13,111 | 30 | 13,146 | 12,997 | 11,799 | 75 | 11,344 | 11,217 | 11,207 | 11,197 | 11,313 | -3 | 11,279 | 11,284 | 11,276 | 2 | 11,265 | 11,270 | 11,240 | -23 | 11,243 | 11,434 | 11,446 | 1 | 11,572 | 11,541 | 11,399 | 5,816 | 5,906 | 5,923 | |||||
comprehensive income | 24,016 | -2,113 | 13,700 | 2,278 | -10,792 | 3,760 | 7,556 | 821 | 5,532 | 6,387 | 4,118 | 8,436 | -6,910 | -4,093 | 630 | 1,278 | 303 | -4,376 | -25,431 | -4,125 | -8,875 | -6,284 | 4,196 | 2,771 | 2,813 | 7,302 | 6,659 | 1,681 | -5,341 | -5,925 | -2,303 | -227 | 222 | 6,709 | 1,140 | 2,213 | 3,694 | 4,426 | -806 | 6,201 | 3,218 | -17,068 | 12,097 | 7,834 | 9,049 | 7,814 | 8,139 | 4,389 | ||||||||
benefit plan adjustments, net of income taxes of 1, 13, 0, and 2, respectively | 640 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustment | 1,029 | -2,431 | 15,850 | 4,152 | -11,369 | 7,164 | 1,587 | -3,084 | 5,190 | -3,036 | -2,483 | 1,014 | 8,392 | -6,290 | -1,701 | -1,938 | 4,899 | 3,612 | 1,649 | -1,266 | 1,647 | -2,996 | 546 | -869 | -1,786 | -561 | -3,897 | 1,849 | 683 | 1,941 | -2,316 | -1,805 | 643 | -5,892 | -4,542 | -4,328 | -293 | 1,054 | 1,119 | 1,880 | -2,073 | -874 | 2,130 | 1,264 | -5,446 | 2,241 | -2,275 | 4,377 | 2,708 | 2,469 | ||||||
unrealized gain on hedges, net of income taxes of 31, 0, 7 and 0, respectively | -131 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: comprehensive income attributable to noncontrolling interest | 80 | 191 | 674 | -82 | -122 | 136 | -41 | 34 | 40 | 151 | -29 | 67 | 74 | 136 | -61 | -136 | -45 | -55 | -134 | -46 | -36 | -46 | -44 | -16 | -50 | -26 | -81 | -33 | -19 | -29 | -21.75 | -46 | -13 | -28 | -42 | -33 | -48 | -87 | -60.75 | -149 | -59 | -35 | ||||||||||||||
comprehensive income attributable to twin disc, incorporated | 23,936 | -2,304 | 13,706 | 2,196 | -10,914 | 3,624 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 1 and 11, respectively | 632 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on hedges, net of income taxes of 0 and 0, respectively | 98 | -853 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring expenses | 53,000 | 287,000 | 11,000 | 139,000 | 69,000 | -31,000 | 33,000 | 164,000 | 11,000 | 1,190,000 | 48,000 | 120,000 | 405,000 | 236,000 | 532,000 | 4,248,000 | 121,000 | 441,000 | 131,000 | 434,000 | 173,000 | 897,000 | 452,000 | 258,000 | 272,000 | 515,000 | ||||||||||||||||||||||||||||||
income tax expense | 48,000 | 1,142,000 | 1,552,000 | 627,000 | 1,515,000 | 398,000 | 1,662,000 | 546,000 | 1,439,000 | 548,000 | 2,489,000 | -688,000 | 382,000 | -2,637,000 | -1,618,000 | -69,000 | 1,442,000 | 1,451,000 | 887,000 | 600,250 | 1,133,000 | -4,138,000 | ||||||||||||||||||||||||||||||||||
less: net earnings attributable to noncontrolling interest, net of tax | -72,000 | -50,000 | -85,000 | -78,000 | -5,000 | -90,000 | -109,000 | -76,000 | -15,000 | -98,000 | -86,000 | -60,000 | -33,000 | -42,000 | -124,000 | -54,000 | -50,000 | -18,000 | -48,000 | -27,000 | -6,000 | -41,000 | -15,000 | -28,000 | -25,000 | -32,000 | -12,000 | -48,000 | -43,250 | -101,000 | -53,000 | -19,000 | -42,000 | -33,000 | -48,000 | -87,000 | -60,750 | -149,000 | -59,000 | -35,000 | -54,000 | |||||||||||||||
income per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per share attributable to twin disc, incorporated common shareholders | 0.1 | -0.11 | 0.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per share attributable to twin disc, incorporated common shareholders | 0.1 | -0.11 | 0.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of (5), 10, (3) and 2, respectively | -311.25 | 201 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on hedges, net of income taxes of 0, 0, 0 and 0, respectively | -90 | -653 | 1,146 | -18.25 | 196 | -485 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 13, (13), 2 and (8), respectively | -1,668 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of goods sold - sale of boat management system product line and related inventory | 3,099,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before income taxes and noncontrolling interest | -2,145,000 | -537,000 | -6,917,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net loss attributable to noncontrolling interest, net of tax | 7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to twin disc, incorporated | -2,765,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per share attributable to twin disc, incorporated common shareholders | -0.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per share attributable to twin disc, incorporated common shareholders | -0.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 11 and 5, respectively | 221 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cogs - sale of boat management system product line and related inventory | 774,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expense | -4,150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -162,250 | -959,000 | 449,000 | 789,000 | 260,000 | 355,000 | 1,719,000 | 691,000 | 319,000 | 61,000 | -23,000 | 187,000 | -119,000 | -22,000 | -394,000 | |||||||||||||||||||||||||||||||||||||||||
net income attributable to twin disc | 894,750 | 3,822,000 | 930,000 | 8,595,000 | 2,674,000 | 1,139,000 | -2,029,000 | -3,836,000 | 1,920,000 | -3,979,000 | -1,760,000 | -25,230,000 | -6,516,000 | -6,311,000 | -821,000 | 4,560,000 | 4,073,000 | 2,862,000 | 5,942,000 | 4,308,000 | -2,696,000 | |||||||||||||||||||||||||||||||||||
basic income per share attributable to twin disc common shareholders | 0.065 | 0.28 | 0.07 | 0.64 | 0.2 | 0.08 | -0.15 | 0.14 | -0.14 | -1.92 | -0.49 | -0.48 | -0.07 | 0.35 | 0.31 | 0.24 | 0.51 | 0.37 | ||||||||||||||||||||||||||||||||||||||
diluted income per share attributable to twin disc common shareholders | 0.065 | 0.27 | 0.07 | 0.62 | 0.2 | 0.08 | -0.15 | 0.14 | -0.14 | -1.92 | -0.49 | -0.48 | -0.07 | 0.34 | 0.31 | 0.24 | 0.51 | 0.37 | ||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 10, (1), 2 and (5), respectively | -117.5 | -191 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to twin disc | 513.75 | 787 | 5,492 | 5,861 | 4,185 | 8,510 | -6,774 | -4,154 | 494 | 1,233 | 248 | -4,510 | -25,477 | -4,175 | -8,911 | -6,330 | 4,152 | 2,778 | 2,797 | 7,252 | 6,633 | 1,648 | -5,370 | -5,970 | -2,349 | -240 | 194 | 6,721 | 1,107 | 2,165 | 3,607 | 4,300 | -955 | 6,142 | 3,183 | -17,158 | 12,052 | 7,780 | ||||||||||||||||||
benefit plan adjustments, net of income taxes of 13, 13, 8 and 4, respectively | -108 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to twin disc | -1,173,000 | -4,313,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per share attributable to twin disc common shareholders | -0.09 | -0.29 | -0.33 | -0.3 | -0.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per share attributable to twin disc common shareholders | -0.09 | -0.29 | -0.33 | -0.3 | -0.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 5 and 9, respectively | -171 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on hedges, net of income taxes of 0 and 0, respectively | 216 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss | -4,074 | -1,316 | -3,800 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to twin disc | -4,225 | -1,397 | -3,819 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 1, 4, 5 and 4, respectively | 145.25 | 578 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of 0, 0, 0 and 0, respectively | -6.5 | -224 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 1, (115), 3 and 2, respectively | -515 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of 0, (63), 0 and 0, respectively | -595 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 1 and 117, respectively | 518 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of 0 and 63, respectively | 793 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of (115), 177, 2 and 353, respectively | 623 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of (63), 32, 0 and 55, respectively | 735 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 117 and 177, respectively | 384 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on hedges, net of income taxes of 63 and 22, respectively | 204 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 177, 169, 353 and 338, respectively | 555 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of 32, (45), 55 and (1), respectively | 104 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 177, and 169, respectively | 553 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on cash flow hedge, net of income taxes of 22 and (44), respectively | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other impairment charge | 6,900,750 | 27,603,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -930,500 | -3,145,000 | -1,608,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 490, 146, 828 and 437, respectively | 674.5 | 1,593 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on cash flow hedge, net of income taxes of 178, 0, 177 and 0, respectively | -144.75 | -582 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 169, 146, 338 and 292, respectively | 548 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized income on cash flow hedge, net of income taxes of (45), 0, and 0, respectively | 146 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: comprehensive (income) loss attributable to noncontrolling interest | -50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 169 and 146, respectively | 557 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on cash flow hedge, net of income taxes of 44 and 0, respectively | -143 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 146, 212, 437 and 1,164, respectively | 356.75 | 478 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 146, 674, 292 and 952, respectively | 478 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: comprehensive loss (income) attributable to noncontrolling interest | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 146 and 278, respectively | 471 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 212, 398, 1,164 and 1,196, respectively | 670.5 | 474 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive stock awards | 2 | 4 | 6 | 6 | 6 | 68 | 78 | 1 | 146 | 145 | ||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 399 and 423, respectively | 672 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings from operations | -4,726,000 | -3,557,000 | -6,550,000 | 74,000 | 3,337,000 | 5,596,000 | 6,479,000 | 3,814,000 | -342,000 | 1,359,000 | 4,056,000 | 1,406,000 | 269,000 | 5,541,000 | 2,796,000 | 5,237,000 | 15,310,000 | 14,859,000 | 7,968,000 | |||||||||||||||||||||||||||||||||||||
earnings before income taxes and noncontrolling interest | -5,069,000 | -3,897,000 | -6,483,000 | -97,000 | 3,754,000 | 5,588,000 | 6,655,000 | 3,635,000 | -630,000 | 1,255,000 | 3,836,000 | 1,607,000 | 32,000 | 5,234,000 | 2,363,000 | 5,778,000 | 14,850,000 | 14,894,000 | ||||||||||||||||||||||||||||||||||||||
net earnings | -931,000 | -2,289,000 | -4,275,000 | 476,000 | 3,047,000 | 3,800,000 | 4,062,000 | 2,382,000 | -442,000 | 566,000 | 1,364,000 | 173,000 | -608,000 | 3,419,000 | 1,286,000 | 1,371,000 | 9,438,000 | 9,635,000 | 4,209,000 | 5,106,000 | 5,670 | 3,819,000 | ||||||||||||||||||||||||||||||||||
net earnings attributable to twin disc | -963,000 | -2,301,000 | -4,323,000 | 437,000 | 2,946,000 | 3,747,000 | 4,043,000 | 2,324,000 | -475,000 | 518,000 | 1,277,000 | 47,000 | -757,000 | 3,360,000 | 1,251,000 | 1,281,000 | 9,393,000 | 9,581,000 | ||||||||||||||||||||||||||||||||||||||
basic earnings per share attributable to twin disc common shareholders | -0.09 | -0.21 | -0.39 | 0.04 | 0.26 | 0.33 | 0.36 | 0.2 | -0.04 | 0.05 | 0.11 | -0.07 | 0.3 | 0.11 | 0.11 | 0.82 | 0.84 | |||||||||||||||||||||||||||||||||||||||
diluted earnings per share attributable to twin disc common shareholders | -0.09 | -0.21 | -0.39 | 0.04 | 0.26 | 0.33 | 0.36 | 0.2 | -0.04 | 0.05 | 0.11 | -0.07 | 0.29 | 0.11 | 0.11 | 0.81 | 0.83 | |||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 243, 322, 1,134 and 917, respectively | 671 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 465, 305, 891 and 595, respectively | 805 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -2,208,000 | -573,000 | 707,000 | 1,788,000 | 2,593,000 | 1,253,000 | -188,000 | 689,000 | 2,472,000 | 1,434,000 | 640,000 | 1,815,000 | 1,077,000 | 4,407,000 | 5,412,000 | 5,259,000 | 2,729,000 | 3,237,000 | 3,573 | 2,445,000 | ||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 423 and 290, respectively | 739 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring of operations | -133,000 | 1,094,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 322, 354, 917 and 1,060, respectively | 386.25 | 542 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 305, 354, 595 and 706, respectively | 515 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 290 and 352, respectively | 488 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 354, 376, 1,060 and 1,160, respectively | 376.5 | 528 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 354, 375, 706 and 759,respectively | 528 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 352 and 384, respectively | 450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 376, 240, 1,160 and 747, respectively | 499 | 676 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | 1,129 | -198 | 2,782 | 1,932 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 375, 236, 759 and 507,respectively | 652 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments, net of income taxes of 384 and 272, respectively | 668 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net (earnings) loss attributable to noncontrolling interest, net of tax | -27,000 | -45,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
prior service credit | -60 | -80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net actuarial loss | 385.75 | 498 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive (income) loss attributable to noncontrolling interest | -27 | -45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit plan adjustments | 474 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to noncontrolling interest | -54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense (income) | 179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before income taxes and minority interest | 6,964,000 | 8,418,000 | 9,285 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before minority interest | 4,235,000 | 5,181,000 | 5,712 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | -26,000 | -75,000 | -42 | -34,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 0.37 | 0.89 | 0.98 | 0.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 0.37 | 0.88 | 0.96 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
shares outstanding data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding | 11,261 | 5,809 | 5,775 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive stock options | 138 | 68 | 97 | 148 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for amortization of net actuarial loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and prior service cost | 463 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, engineering and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
administrative expenses | 13,153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense (income),net | 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, engineering and - sum | 13,608,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and minority interest | 6,298,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings before minority | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 3,853,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment | 570 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-26 | 2025-09-26 | 2025-06-30 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-30 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-30 | 2022-09-30 | 2022-06-30 | 2021-12-31 | 2021-09-24 | 2021-06-30 | 2020-12-25 | 2020-09-25 | 2020-06-30 | 2020-03-27 | 2019-12-27 | 2019-09-27 | 2019-06-30 | 2019-03-29 | 2018-12-28 | 2018-09-28 | 2018-06-30 | 2018-03-30 | 2016-09-30 | 2016-06-30 | 2016-03-25 | 2015-12-25 | 2015-09-25 | 2015-09-14 | 2015-03-27 | 2014-12-26 | 2014-09-26 | 2014-09-15 | 2014-03-28 | 2014-02-05 | 2013-12-27 | 2013-09-27 | 2013-09-13 | 2013-03-29 | 2013-02-06 | 2012-12-28 | 2012-09-28 | 2012-09-13 | 2012-03-30 | 2011-11-09 | 2011-09-30 | 2011-09-13 | 2010-09-13 | 2009-09-10 | 2007-12-28 | 2007-09-28 | 2006-12-31 | 2006-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 14,889,000 | 14,241,000 | 16,109,000 | 16,245,000 | 15,906,000 | 16,711,000 | 20,070,000 | 23,843,000 | 21,021,000 | 20,428,000 | 13,263,000 | 14,024,000 | 13,528,000 | 13,214,000 | 12,521,000 | 11,123,000 | 22,092,000 | 12,340,000 | 11,838,000 | 9,313,000 | 10,688,000 | 8,434,000 | 14,836,000 | 16,505,000 | 12,362,000 | 15,757,000 | 18,542,000 | 16,557,000 | 15,171,000 | 15,115,000 | 16,077,000 | 18,273,000 | 13,400,000 | 20,631,000 | 23,036,000 | 22,936,000 | 23,607,000 | 25,173,000 | 25,700,000 | 24,757,000 | 26,360,000 | 27,124,000 | 27,124,000 | 24,062,000 | 20,724,000 | 17,161,000 | 20,570,000 | 20,570,000 | 21,493,000 | 15,701,000 | 17,628,000 | 24,698,000 | 24,698,000 | 20,167,000 | 19,022,000 | 13,266,000 | ||||
trade accounts receivable | 53,621,000 | 63,950,000 | 58,941,000 | 57,315,000 | 53,670,000 | 51,513,000 | 52,207,000 | 40,950,000 | 41,428,000 | 39,756,000 | 54,760,000 | 44,438,000 | 39,392,000 | 40,007,000 | 45,452,000 | 34,022,000 | 34,837,000 | 39,491,000 | 31,893,000 | 31,824,000 | 31,514,000 | 33,302,000 | 36,893,000 | 48,207,000 | 47,890,000 | 45,887,000 | 39,752,000 | 25,758,000 | 25,363,000 | 32,644,000 | 33,632,000 | 31,290,000 | 43,883,000 | 35,729,000 | 40,727,000 | 39,120,000 | 40,219,000 | 33,489,000 | 34,907,000 | 34,907,000 | 37,471,000 | 46,331,000 | 44,204,000 | 38,465,000 | 38,465,000 | 47,115,000 | 63,438,000 | 67,675,000 | 60,216,000 | 60,216,000 | 61,007,000 | 43,014,000 | 53,367,000 | 59,797,000 | 55,192,000 | 52,018,000 | 37,797,000 | |||
inventories | 163,177,000 | 158,272,000 | 151,951,000 | 137,957,000 | 128,278,000 | 143,865,000 | 130,484,000 | 129,845,000 | 131,768,000 | 126,236,000 | 131,930,000 | 136,153,000 | 136,810,000 | 128,100,000 | 127,109,000 | 123,928,000 | 121,092,000 | 114,967,000 | 122,161,000 | 120,216,000 | 120,607,000 | 127,615,000 | 134,658,000 | 127,305,000 | 125,893,000 | 128,168,000 | 130,234,000 | 123,439,000 | 84,001,000 | 80,041,000 | 67,128,000 | 66,569,000 | 69,495,000 | 73,216,000 | 77,047,000 | 80,241,000 | 90,039,000 | 90,777,000 | 97,452,000 | 97,579,000 | 105,049,000 | 102,590,000 | 102,590,000 | 103,106,000 | 102,774,000 | 113,009,000 | 118,298,000 | 118,298,000 | 112,811,000 | 103,178,000 | 117,749,000 | 104,976,000 | 104,976,000 | 99,139,000 | 72,799,000 | 92,331,000 | 87,615,000 | 81,809,000 | 82,731,000 | 55,398,000 |
other current assets | 20,190,000 | 18,084,000 | 19,914,000 | 20,451,000 | 18,712,000 | 18,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 251,877,000 | 254,547,000 | 246,915,000 | 231,968,000 | 216,566,000 | 230,247,000 | 219,631,000 | 218,528,000 | 216,577,000 | 209,208,000 | 219,706,000 | 215,949,000 | 210,797,000 | 201,818,000 | 204,452,000 | 186,470,000 | 194,841,000 | 191,967,000 | 175,194,000 | 172,576,000 | 173,985,000 | 182,372,000 | 195,862,000 | 198,525,000 | 202,369,000 | 208,314,000 | 212,300,000 | 202,398,000 | 159,269,000 | 152,107,000 | 123,679,000 | 125,035,000 | 133,194,000 | 142,961,000 | 148,410,000 | 169,830,000 | 168,014,000 | 173,739,000 | 178,937,000 | 180,097,000 | 183,174,000 | 181,087,000 | 181,087,000 | 181,812,000 | 188,472,000 | 190,120,000 | 193,088,000 | 193,088,000 | 196,339,000 | 197,161,000 | 218,517,000 | 203,523,000 | 203,523,000 | 195,168,000 | 147,450,000 | 173,921,000 | 186,134,000 | 171,561,000 | 162,036,000 | |
property, plant and equipment | 71,405,000 | 70,150,000 | 69,576,000 | 63,659,000 | 58,508,000 | 58,959,000 | 58,074,000 | 40,606,000 | 40,334,000 | 40,065,000 | 38,650,000 | 40,700,000 | 39,683,000 | 38,989,000 | 41,615,000 | 43,155,000 | 44,339,000 | 45,463,000 | 78,187,000 | 77,775,000 | 72,732,000 | 72,863,000 | 73,768,000 | 71,249,000 | 71,258,000 | 67,422,000 | 70,309,000 | 68,302,000 | 48,940,000 | 48,031,000 | 50,416,000 | 51,665,000 | 53,178,000 | 53,970,000 | 55,366,000 | 56,427,000 | 55,791,000 | 57,745,000 | 58,980,000 | 60,267,000 | 60,986,000 | 61,100,000 | 61,100,000 | 61,106,000 | 62,315,000 | 64,299,000 | 65,737,000 | 65,737,000 | 65,315,000 | 66,356,000 | 67,161,000 | 66,940,000 | 66,940,000 | 65,791,000 | 58,243,000 | 65,799,000 | 61,858,000 | 58,181,000 | 52,315,000 | 38,958,000 |
right-of-use assets operating lease assets | 15,879,000 | 16,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 2,878,000 | 2,823,000 | 2,892,000 | 2,107,000 | 25,561,000 | 25,072,000 | 25,954,000 | 26,672,000 | 27,829,000 | 27,265,000 | 2,692,000 | 2,843,000 | 5,139,000 | 5,120,000 | 12,678,000 | 12,560,000 | 12,779,000 | 12,789,000 | 12,818,000 | 13,093,000 | 13,314,000 | 13,463,000 | 13,526,000 | 13,438,000 | 13,438,000 | 13,319,000 | 13,232,000 | 13,312,000 | 13,267,000 | 13,267,000 | 13,135,000 | 13,116,000 | 17,332,000 | 18,063,000 | 18,063,000 | 17,871,000 | 16,440,000 | 17,509,000 | 17,889,000 | 17,281,000 | 15,960,000 | 12,624,000 | ||||||||||||||||||
intangible assets | 12,192,000 | 12,570,000 | 13,361,000 | 12,930,000 | 10,856,000 | 12,291,000 | 12,686,000 | 10,157,000 | 11,146,000 | 11,517,000 | 12,637,000 | 11,239,000 | 11,798,000 | 11,560,000 | 13,010,000 | 15,209,000 | 16,468,000 | 17,480,000 | 18,856,000 | 18,817,000 | 18,973,000 | 19,925,000 | 22,625,000 | 23,267,000 | 25,353,000 | 23,114,000 | 22,362,000 | 24,786,000 | 1,906,000 | 2,041,000 | 2,136,000 | 2,164,000 | 2,119,000 | 2,042,000 | 2,169,000 | 2,186,000 | 2,264,000 | 2,491,000 | 2,659,000 | 2,797,000 | 2,947,000 | 3,028,000 | 3,028,000 | 3,079,000 | 3,149,000 | 4,643,000 | 4,794,000 | 4,794,000 | 4,840,000 | 4,996,000 | 5,514,000 | 6,336,000 | 6,336,000 | 6,439,000 | 6,268,000 | 7,855,000 | 9,567,000 | 9,229,000 | 11,905,000 | |
deferred income taxes | 27,551,000 | 4,345,000 | 2,812,000 | 2,497,000 | 2,277,000 | 2,674,000 | 2,339,000 | 2,210,000 | 2,371,000 | 2,204,000 | 2,244,000 | 2,542,000 | 2,403,000 | 2,846,000 | 2,178,000 | 2,629,000 | 2,615,000 | 2,511,000 | 30,924,000 | 29,057,000 | 24,445,000 | 22,848,000 | 21,459,000 | 19,508,000 | 18,178,000 | 15,313,000 | 13,907,000 | 13,838,000 | 18,056,000 | 18,997,000 | 27,192,000 | 25,870,000 | 5,398,000 | 3,731,000 | 3,776,000 | 4,863,000 | 4,713,000 | 4,705,000 | 4,677,000 | 4,779,000 | 5,221,000 | 5,283,000 | 5,283,000 | 5,366,000 | 5,280,000 | 4,797,000 | 4,555,000 | 4,555,000 | 3,870,000 | 3,745,000 | 5,942,000 | 5,097,000 | 5,097,000 | 5,765,000 | 5,224,000 | 6,280,000 | 6,360,000 | 6,403,000 | 6,221,000 | 7,289,000 |
other noncurrent assets | 2,233,000 | 2,790,000 | 2,756,000 | 2,705,000 | 2,722,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 384,015,000 | 363,536,000 | 355,562,000 | 332,882,000 | 307,360,000 | 323,547,000 | 312,058,000 | 288,754,000 | 285,190,000 | 277,981,000 | 289,181,000 | 285,513,000 | 280,254,000 | 269,551,000 | 276,523,000 | 264,558,000 | 276,247,000 | 275,413,000 | 306,583,000 | 302,343,000 | 294,127,000 | 301,160,000 | 343,281,000 | 341,461,000 | 346,870,000 | 344,824,000 | 350,830,000 | 340,757,000 | 234,713,000 | 228,599,000 | 212,756,000 | 213,922,000 | 218,410,000 | 225,685,000 | 235,792,000 | 246,376,000 | 255,039,000 | 263,551,000 | 275,846,000 | 274,529,000 | 274,529,000 | 273,156,000 | 295,129,000 | 299,576,000 | 299,576,000 | 300,099,000 | 325,361,000 | 316,430,000 | 316,430,000 | |||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,002,000 | 2,010,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 5,569,000 | 3,700,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,933,000 | 1,846,000 | 232,000 | 2,856,000 | ||||||||||||||||||||||||||||||||
current maturities of right-of-use operating lease obligations | 3,446,000 | 3,336,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 36,659,000 | 37,073,000 | 38,745,000 | 31,568,000 | 28,561,000 | 31,106,000 | 32,586,000 | 33,230,000 | 32,611,000 | 29,584,000 | 36,499,000 | 29,726,000 | 28,906,000 | 30,706,000 | 28,536,000 | 31,234,000 | 29,363,000 | 31,011,000 | 26,615,000 | 23,293,000 | 25,663,000 | 27,909,000 | 26,259,000 | 25,278,000 | 31,468,000 | 27,825,000 | 35,123,000 | 31,735,000 | 29,368,000 | 26,244,000 | 15,215,000 | 14,716,000 | 15,144,000 | 17,501,000 | 18,418,000 | 20,729,000 | 24,859,000 | 21,226,000 | 20,781,000 | 22,111,000 | 19,665,000 | 19,890,000 | 19,890,000 | 17,344,000 | 20,651,000 | 21,165,000 | 24,367,000 | 24,367,000 | 25,923,000 | 23,550,000 | 30,986,000 | 34,997,000 | 34,997,000 | 38,372,000 | 23,842,000 | 24,864,000 | 35,133,000 | 29,415,000 | 29,712,000 | 19,582,000 |
accrued liabilities | 75,430,000 | 78,792,000 | 80,655,000 | 72,134,000 | 69,284,000 | 70,263,000 | 64,930,000 | 63,406,000 | 62,929,000 | 60,632,000 | 61,586,000 | 56,886,000 | 55,939,000 | 49,158,000 | 50,542,000 | 47,302,000 | 49,138,000 | 45,549,000 | 42,924,000 | 42,432,000 | 36,380,000 | 42,160,000 | 47,730,000 | 44,954,000 | 39,609,000 | 39,512,000 | 42,266,000 | 46,327,000 | 32,976,000 | 26,624,000 | 20,571,000 | 21,415,000 | 22,216,000 | 22,524,000 | 28,946,000 | 32,754,000 | 29,152,000 | 30,788,000 | 29,730,000 | 31,265,000 | 32,496,000 | 34,188,000 | 34,188,000 | 33,342,000 | 39,171,000 | 32,462,000 | 32,736,000 | 32,736,000 | 29,845,000 | 39,331,000 | 38,637,000 | 38,301,000 | 38,301,000 | 41,673,000 | 35,545,000 | 40,967,000 | 47,347,000 | 44,423,000 | 45,236,000 | 38,568,000 |
total current liabilities | 118,535,000 | 122,201,000 | 125,793,000 | 109,857,000 | 102,658,000 | 103,369,000 | 99,516,000 | 98,636,000 | 97,540,000 | 92,218,000 | 100,095,000 | 88,612,000 | 86,845,000 | 81,864,000 | 81,078,000 | 80,536,000 | 80,501,000 | 78,560,000 | 75,108,000 | 69,425,000 | 66,734,000 | 72,069,000 | 75,989,000 | 72,232,000 | 73,077,000 | 69,337,000 | 77,389,000 | 78,062,000 | 62,344,000 | 52,868,000 | 35,786,000 | 36,131,000 | 40,931,000 | 57,361,000 | 50,935,000 | 57,054,000 | 57,582,000 | 55,589,000 | 54,086,000 | 56,980,000 | 55,786,000 | 57,721,000 | 57,721,000 | 54,350,000 | 63,503,000 | 57,320,000 | 60,800,000 | 60,800,000 | 59,424,000 | 66,625,000 | 73,412,000 | 77,165,000 | 77,165,000 | 83,960,000 | 63,307,000 | 70,252,000 | 84,413,000 | 75,684,000 | 75,180,000 | |
long-term debt | 41,515,000 | 40,719,000 | 28,446,000 | 37,774,000 | 22,873,000 | 27,794,000 | 23,811,000 | 15,042,000 | 15,698,000 | 19,655,000 | 16,617,000 | 34,543,000 | 23,255,000 | 29,883,000 | 30,085,000 | 36,195,000 | 39,016,000 | 37,896,000 | 40,874,000 | 50,512,000 | 47,554,000 | 40,491,000 | 47,280,000 | 46,686,000 | 37,446,000 | 4,824,000 | 7,604,000 | 9,694,000 | 8,501,000 | 8,227,000 | 23,000 | 10,696,000 | 10,231,000 | 8,829,000 | 13,172,000 | 19,998,000 | 14,800,000 | 21,422,000 | 17,422,000 | 17,422,000 | 21,171,000 | 23,472,000 | 31,009,000 | 30,297,000 | 30,297,000 | 35,338,000 | 28,401,000 | 41,319,000 | 36,940,000 | 36,940,000 | 25,784,000 | 27,211,000 | 46,348,000 | 53,613,000 | 53,310,000 | 54,653,000 | 15,739,000 | |||
right-of-use lease obligations | 12,922,000 | 13,474,000 | 14,506,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued retirement benefits | 11,651,000 | 11,685,000 | 11,832,000 | 9,610,000 | 9,613,000 | 7,867,000 | 7,854,000 | 6,707,000 | 6,975,000 | 7,138,000 | 7,608,000 | 10,315,000 | 10,587,000 | 9,860,000 | 9,974,000 | 10,501,000 | 10,853,000 | 11,176,000 | 27,156,000 | 27,600,000 | 27,938,000 | 22,502,000 | 24,607,000 | 25,141,000 | 25,878,000 | 19,172,000 | 19,552,000 | 19,985,000 | 21,068,000 | 29,944,000 | 48,469,000 | 48,705,000 | 35,459,000 | 36,187,000 | 37,157,000 | 38,362,000 | 28,764,000 | 31,724,000 | 32,734,000 | 37,006,000 | 45,803,000 | 46,865,000 | 46,865,000 | 46,987,000 | 48,290,000 | 59,717,000 | 60,223,000 | 60,223,000 | 60,315,000 | 64,009,000 | 45,261,000 | 47,981,000 | 47,981,000 | 50,063,000 | 72,833,000 | 60,241,000 | 23,861,000 | 24,578,000 | 20,866,000 | 38,932,000 |
other long-term liabilities | 8,581,000 | 9,004,000 | 6,423,000 | 6,335,000 | 6,214,000 | 6,241,000 | 6,107,000 | 5,822,000 | 5,917,000 | 5,749,000 | 5,253,000 | 5,403,000 | 5,346,000 | 5,042,000 | 5,363,000 | 6,176,000 | 6,470,000 | 7,000,000 | 2,066,000 | 2,384,000 | 2,605,000 | 2,560,000 | 2,094,000 | 2,223,000 | 2,494,000 | 2,097,000 | 1,839,000 | 1,765,000 | 1,658,000 | 1,585,000 | 2,302,000 | 2,705,000 | 1,917,000 | 2,210,000 | 2,222,000 | 2,955,000 | 3,050,000 | 2,961,000 | 4,247,000 | 4,110,000 | 3,881,000 | 3,923,000 | 3,923,000 | 3,542,000 | 3,706,000 | 3,485,000 | 3,291,000 | 3,291,000 | 2,200,000 | 4,171,000 | 4,478,000 | 4,363,000 | 4,363,000 | 7,089,000 | 2,472,000 | 899,000 | ||||
total liabilities | 198,836,000 | 202,648,000 | 191,171,000 | 182,693,000 | 159,726,000 | 165,528,000 | 157,004,000 | 141,810,000 | 139,280,000 | 137,806,000 | 143,664,000 | 146,894,000 | 146,489,000 | 144,783,000 | 145,335,000 | 136,627,000 | 144,623,000 | 144,753,000 | 164,188,000 | 161,788,000 | 154,169,000 | 157,125,000 | 173,796,000 | 168,098,000 | 164,052,000 | 158,182,000 | 168,986,000 | 162,297,000 | 91,097,000 | 92,989,000 | 97,060,000 | 96,869,000 | 87,407,000 | 96,700,000 | 102,062,000 | 99,549,000 | 104,899,000 | 112,473,000 | 129,481,000 | 128,597,000 | 128,597,000 | 128,773,000 | 155,298,000 | 158,427,000 | 158,427,000 | 160,512,000 | 168,130,000 | 170,619,000 | 170,619,000 | |||||||||||
twin disc, incorporated shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares authorized: 200,000; issued: none; no par value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares authorized: 30,000,000; issued: 14,632,802; no par value | 38,139,000 | 37,813,000 | 42,269,000 | 40,927,000 | 40,111,000 | 39,902,000 | 41,798,000 | 40,428,000 | 39,661,000 | 39,439,000 | 42,855,000 | 42,145,000 | 41,444,000 | 41,285,000 | 42,551,000 | 41,591,000 | 41,165,000 | 40,972,000 | 39,918,000 | 40,814,000 | 42,756,000 | 42,286,000 | 42,305,000 | 43,182,000 | ||||||||||||||||||||||||||||||||||||
retained earnings | 146,130,000 | 124,330,000 | 125,414,000 | 124,572,000 | 126,610,000 | 126,257,000 | 129,592,000 | 122,759,000 | 119,496,000 | 119,126,000 | 120,299,000 | 136,815,000 | 134,141,000 | 133,002,000 | 135,031,000 | 125,020,000 | 128,856,000 | 126,936,000 | 148,363,000 | 152,676,000 | 156,655,000 | 158,415,000 | 183,645,000 | 190,161,000 | 196,472,000 | 197,293,000 | 192,734,000 | 188,661,000 | 178,896,000 | 172,954,000 | 172,966,000 | 175,662,000 | 181,180,000 | 182,142,000 | 185,465,000 | 190,807,000 | 191,384,000 | 189,455,000 | 186,723,000 | 183,695,000 | 182,385,000 | 183,874,000 | 183,874,000 | 184,372,000 | 184,110,000 | 185,074,000 | 186,842,000 | 186,842,000 | 185,308,000 | 185,083,000 | 184,831,000 | 171,524,000 | 171,524,000 | 162,857,000 | 147,438,000 | 150,257,000 | 128,986,000 | 125,562,000 | 109,885,000 | 96,544,000 |
accumulated other comprehensive income | 3,509,000 | 1,944,000 | 3,730,000 | -26,218,000 | 3,055,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
twin disc, incorporated shareholders' equity: - sum | 187,778,000 | 164,087,000 | 156,945,000 | 154,499,000 | 165,643,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less treasury stock, at cost | 3,250,000 | 3,770,000 | 7,402,000 | 7,448,000 | 7,475,000 | 8,112,000 | 9,783,000 | 9,797,000 | 9,802,000 | 10,343,000 | 12,491,000 | 12,527,000 | 12,562,000 | 12,964,000 | 14,720,000 | 14,968,000 | 14,942,000 | 15,083,000 | 15,102,000 | 16,560,000 | 18,796,000 | 18,796,000 | 18,796,000 | 19,920,000 | 21,332,000 | 23,500,000 | 23,485,000 | 24,005,000 | 23,677,000 | 23,713,000 | 25,437,000 | 26,790,000 | 26,790,000 | 26,790,000 | 27,200,000 | 28,057,000 | 28,047,000 | 27,782,000 | 28,097,000 | 28,141,000 | 28,095,000 | 28,095,000 | 28,095,000 | 28,238,000 | 28,890,000 | 28,423,000 | 28,423,000 | 28,423,000 | 25,638,000 | 26,781,000 | 24,356,000 | 24,499,000 | 24,499,000 | 25,252,000 | 27,597,000 | 30,256,000 | 15,184,000 | |||
total twin disc, incorporated shareholders' equity | 184,528,000 | 160,317,000 | 164,011,000 | 149,497,000 | 147,024,000 | 157,531,000 | 154,702,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 651,000 | 571,000 | 380,000 | 692,000 | 610,000 | 488,000 | 352,000 | 648,000 | 614,000 | 574,000 | 424,000 | 689,000 | 622,000 | 548,000 | 412,000 | 647,000 | 586,000 | 450,000 | 668,000 | 623,000 | 569,000 | 606,000 | 561,000 | 511,000 | 602,000 | 556,000 | 513,000 | 520,000 | 619,000 | 569,000 | 535,000 | 563,000 | 528,000 | 497,000 | 477,000 | 639,000 | 595,000 | 548,000 | 536,000 | 727,000 | 655,000 | 667,000 | 667,000 | 613,000 | 1,058,000 | 1,023,000 | 972,000 | 972,000 | 891,000 | 1,022,000 | 1,005,000 | 907,000 | 907,000 | 969,000 | 859,000 | |||||
total equity | 185,179,000 | 160,888,000 | 164,391,000 | 150,189,000 | 147,634,000 | 158,019,000 | 155,054,000 | 146,944,000 | 145,910,000 | 140,175,000 | 145,517,000 | 138,619,000 | 133,765,000 | 124,768,000 | 131,188,000 | 127,931,000 | 131,624,000 | 130,660,000 | 142,395,000 | 140,555,000 | 139,958,000 | 144,035,000 | 169,485,000 | 173,363,000 | 182,818,000 | 186,642,000 | 181,844,000 | 178,460,000 | 143,616,000 | 135,610,000 | 115,696,000 | 117,053,000 | 131,003,000 | 128,985,000 | 133,730,000 | 140,167,000 | 146,827,000 | 150,140,000 | 151,078,000 | 152,311,000 | 146,365,000 | 145,932,000 | 145,932,000 | 144,383,000 | 143,562,000 | 139,831,000 | 141,149,000 | 141,149,000 | 139,587,000 | 137,286,000 | 157,231,000 | 145,811,000 | 145,811,000 | 138,054,000 | 89,319,000 | |||||
total liabilities and equity | 384,015,000 | 363,536,000 | 355,562,000 | 332,882,000 | 307,360,000 | 323,547,000 | 312,058,000 | 288,754,000 | 285,190,000 | 277,981,000 | 289,181,000 | 285,513,000 | 280,254,000 | 269,551,000 | 276,523,000 | 264,558,000 | 276,247,000 | 275,413,000 | 306,583,000 | 302,343,000 | 294,127,000 | 301,160,000 | 343,281,000 | 341,461,000 | 346,870,000 | 344,824,000 | 350,830,000 | 340,757,000 | 234,713,000 | 228,599,000 | 212,756,000 | 213,922,000 | 218,410,000 | 225,685,000 | 235,792,000 | 246,376,000 | 255,039,000 | 263,551,000 | 275,846,000 | 274,529,000 | 274,529,000 | 273,156,000 | 295,129,000 | 299,576,000 | 299,576,000 | 300,099,000 | 325,361,000 | 316,430,000 | 316,430,000 | |||||||||||
right-of-use operating lease assets | 17,250,000 | 17,016,000 | 16,431,000 | 16,700,000 | 16,622,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of right-of use operating lease obligations | 3,393,000 | 3,155,000 | 2,813,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use operating lease obligations | 14,357,000 | 14,349,000 | 13,656,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
twin disc shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
twin disc shareholders' equity: - sum | 171,413,000 | 164,485,000 | 156,093,000 | 155,098,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -8,554,000 | -12,222,000 | -516,000 | -6,905,000 | -7,094,000 | -4,059,000 | -8,621,000 | -5,570,000 | -28,503,000 | -29,880,000 | -37,103,000 | -32,086,000 | -24,359,000 | -24,041,000 | -22,615,000 | -31,452,000 | -36,998,000 | -41,226,000 | -38,476,000 | -38,230,000 | -40,571,000 | -37,971,000 | -32,462,000 | -32,055,000 | -30,760,000 | -23,792,000 | -25,102,000 | -42,844,000 | -44,143,000 | -35,445,000 | -38,055,000 | -36,529,000 | -35,481,000 | -29,074,000 | -23,778,000 | -19,792,000 | -15,943,000 | -20,256,000 | -21,882,000 | -21,882,000 | -23,523,000 | -25,899,000 | -30,244,000 | -30,143,000 | -30,143,000 | -32,903,000 | -34,797,000 | -16,430,000 | -13,200,000 | -13,200,000 | -11,383,000 | -42,048,000 | -1,785,000 | -6,638,000 | -18,908,000 | |||||
other assets | 2,676,000 | 2,706,000 | 2,755,000 | 2,745,000 | 2,894,000 | 2,811,000 | 2,668,000 | 2,766,000 | 2,846,000 | 2,583,000 | 3,300,000 | 3,768,000 | 3,256,000 | 3,422,000 | 4,118,000 | 3,992,000 | 3,152,000 | 4,006,000 | 3,840,000 | 3,758,000 | 3,989,000 | 4,123,000 | 4,168,000 | 3,850,000 | 4,580,000 | 4,194,000 | 4,068,000 | 3,947,000 | 4,453,000 | 4,137,000 | 3,752,000 | 6,149,000 | 6,587,000 | 8,227,000 | 7,805,000 | 8,891,000 | 9,094,000 | 9,094,000 | 8,729,000 | 10,676,000 | 10,002,000 | 9,581,000 | 9,581,000 | 8,093,000 | 7,868,000 | 7,678,000 | 7,926,000 | 7,926,000 | 7,371,000 | 6,626,000 | 6,095,000 | 6,928,000 | 6,941,000 | 6,617,000 | 9,243,000 | |||||
assets held for sale | 2,968,000 | 2,968,000 | 4,559,000 | 2,968,000 | 2,968,000 | 2,968,000 | 5,769,000 | 2,968,000 | 3,318,000 | 3,321,000 | 9,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 8,656,000 | 10,471,000 | 10,157,000 | 9,466,000 | 8,459,000 | 10,025,000 | 10,871,000 | 8,207,000 | 7,756,000 | 5,879,000 | 6,165,000 | 5,704,000 | 4,206,000 | 5,277,000 | 5,269,000 | 6,681,000 | 5,522,000 | 9,821,000 | 11,681,000 | 7,591,000 | 7,314,000 | 7,287,000 | 8,423,000 | 7,738,000 | 7,796,000 | 7,353,000 | ||||||||||||||||||||||||||||||||||
other | 8,214,000 | 10,451,000 | 9,235,000 | 8,763,000 | 8,326,000 | 8,341,000 | 7,228,000 | 6,521,000 | 8,646,000 | 8,200,000 | 7,334,000 | 9,926,000 | 5,096,000 | 5,946,000 | 6,739,000 | 8,128,000 | 7,544,000 | 8,001,000 | 8,420,000 | 8,591,000 | 8,320,000 | 9,228,000 | 6,252,000 | 9,461,000 | 6,920,000 | 7,477,000 | 12,257,000 | 11,751,000 | 13,261,000 | 17,907,000 | 13,926,000 | 12,357,000 | 11,988,000 | 12,763,000 | 13,055,000 | 11,183,000 | 11,183,000 | 11,807,000 | 13,363,000 | 10,949,000 | 11,200,000 | 11,200,000 | 11,050,000 | 11,099,000 | 9,523,000 | 8,536,000 | 8,536,000 | 9,090,000 | 7,391,000 | 8,677,000 | 10,245,000 | 8,480,000 | 6,325,000 | 4,572,000 | ||||||
operating lease obligations | 14,376,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets operating leases | 14,498,000 | 12,017,000 | 12,093,000 | 13,133,000 | 12,415,000 | 12,807,000 | 11,492,000 | 12,685,000 | 13,795,000 | 14,216,000 | 14,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
lease obligations | 12,638,000 | 9,988,000 | 9,896,000 | 10,811,000 | 9,897,000 | 10,278,000 | 9,483,000 | 10,575,000 | 11,905,000 | 12,373,000 | 12,887,000 | 18,099,000 | 17,836,000 | 13,495,000 | 13,340,000 | 13,850,000 | 14,054,000 | 14,683,000 | 13,325,000 | 16,467,000 | 17,070,000 | |||||||||||||||||||||||||||||||||||||||
total twin disc shareholders' equity | 146,296,000 | 145,296,000 | 139,601,000 | 145,093,000 | 137,930,000 | 133,143,000 | 124,220,000 | 130,776,000 | 127,284,000 | 131,038,000 | 130,210,000 | 141,727,000 | 139,932,000 | 139,389,000 | 143,429,000 | 168,924,000 | 172,852,000 | 182,216,000 | 186,086,000 | 181,331,000 | 177,940,000 | 142,997,000 | 135,041,000 | 115,161,000 | 116,490,000 | 130,475,000 | 128,488,000 | 133,253,000 | 139,528,000 | 146,232,000 | 149,592,000 | 150,542,000 | 151,584,000 | 145,710,000 | 145,265,000 | 145,265,000 | 143,770,000 | 142,504,000 | 138,808,000 | 140,177,000 | 140,177,000 | 138,696,000 | 136,264,000 | 156,226,000 | 144,904,000 | 144,904,000 | 137,085,000 | 88,460,000 | ||||||||||||
long-term debt, less current maturities | 29,276,000 | 29,927,000 | 35,112,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 30,682,000 | 44,013,000 | 45,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings and current maturities of long-term debt | 4,691,000 | 2,000,000 | 3,571,000 | 17,336,000 | 3,571,000 | 3,571,000 | 3,571,000 | 3,575,000 | 3,575,000 | 3,604,000 | 3,625,000 | 3,643,000 | 3,643,000 | 3,664,000 | 3,681,000 | 3,693,000 | 3,697,000 | 3,697,000 | 3,656,000 | 3,744,000 | 3,789,000 | 3,867,000 | 3,867,000 | 3,915,000 | 3,920,000 | |||||||||||||||||||||||||||||||||||
common shares authorized: 30,000,000; issued: 14,632,802 and 13,099,468, respectively; no par value | 45,047,000 | 44,137,000 | 44,044,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares authorized: 30,000,000; issued: 14,632,802 and 13,098,468, respectively; no par value | 44,755,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares authorized: 30,000,000; issued: 13,099,468; no par value | 11,570,000 | 10,902,000 | 10,476,000 | 11,761,000 | 11,530,000 | 11,191,000 | 11,517,000 | 11,969,000 | 11,697,000 | 11,708,000 | 11,676,000 | 11,368,000 | 11,368,000 | 11,159,000 | 12,181,000 | |||||||||||||||||||||||||||||||||||||||||||||
equity: - sum | 157,265,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares authorized: 200,000; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued: none; no par value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares authorized: 30,000,000; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued: 13,099,468; no par value | 12,259,000 | 11,973,000 | 13,183,000 | 12,401,000 | 11,901,000 | 11,901,000 | 11,929,000 | 12,759,000 | 11,079,000 | 11,079,000 | 10,863,000 | 10,667,000 | 13,205,000 | 14,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
twin disc shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
twin disc shareholders’ equity: - sum | 173,360,000 | 168,600,000 | 169,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term borrowings and current maturities of long-term debt | 4,421,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 837,000 | 655,000 | 718,000 | 569,000 | 541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 106,988,000 | 118,266,000 | 109,590,000 | 100,760,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 22,117,000 | 19,677,000 | 14,741,000 | 9,764,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term | 3,890,000 | 2,627,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: - sum | 146,245,000 | 137,661,000 | 115,629,000 | 89,145,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares authorized: 15,000,000; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued: 6,550;224 no par value | 13,884,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bank overdraft | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liablilities | 846,000 | 130,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued: 6,550,224; no par value | 12,382,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the notes to condensed consolidated financial statements are an integral part of these statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: - sum | 190,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: - sum | 115,807,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 11,509,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-26 | 2025-09-26 | 2025-06-30 | 2025-03-28 | 2024-12-27 | 2024-09-27 | 2024-06-30 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2022-12-30 | 2022-09-30 | 2021-09-24 | 2019-09-27 | 2018-09-28 | 2016-03-25 | 2011-11-09 | 2007-12-28 | 2007-09-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||
net income | 22,478,000 | -412,000 | 1,495,000 | 7,494,000 | 3,900,000 | -1,931,000 | 1,980,000 | -6,293,000 | 2,903,000 | ||||||||||
adjustments to reconcile net income to net cash provided (used) by operating activities: | |||||||||||||||||||
depreciation and amortization | 3,337,000 | 3,464,000 | 4,705,000 | 3,660,000 | 3,296,000 | 3,238,000 | 2,484,000 | 2,474,000 | 2,535,000 | 2,488,000 | 2,126,000 | 2,140,000 | 2,550,000 | 2,926,000 | 2,349,000 | 1,438,000 | 2,573,000 | 1,805,000 | 1,755,000 |
gain on sale of assets | -26,000 | -33,000 | -30,000 | -9,000 | -45,000 | -26,000 | -16,000 | -4,161,000 | -42,000 | -2,939,000 | |||||||||
loss on write-down of industrial product inventory | 0 | 0 | |||||||||||||||||
provision for deferred income taxes | -20,297,000 | -403,000 | -791,000 | -427,000 | -2,000 | -361,000 | -799,000 | -41,000 | 183,000 | 97,000 | 518,000 | -1,623,000 | -814,000 | -1,663,000 | 3,460,000 | ||||
stock compensation expense and other non-cash changes | 916,000 | 862,000 | 1,499,000 | 600,000 | 1,025,000 | 829,000 | 273,000 | 1,140,000 | 700,000 | 864,000 | 937,000 | 457,000 | 892,000 | ||||||
net change in operating assets and liabilities | -1,879,000 | -11,035,000 | -300,000 | 2,117,000 | -5,465,000 | -891,000 | 2,288,000 | 4,134,000 | 324,000 | -36,000 | 785,000 | 6,054,000 | -9,951,000 | ||||||
net cash provided (used) by operating activities | 4,555,000 | -7,524,000 | 9,802,000 | 2,374,000 | 822,000 | ||||||||||||||
cash flows from investing activities: | |||||||||||||||||||
acquisition of property, plant, and equipment | -3,320,000 | -3,430,000 | -7,705,000 | -2,310,000 | -2,780,000 | -2,362,000 | -1,109,000 | -2,179,000 | -1,729,000 | -3,690,000 | |||||||||
proceeds from sale of property, plant, and equipment | 45,000 | ||||||||||||||||||
other | -58,000 | -9,000 | 1,500,000 | -198,000 | 293,000 | -369,000 | 554,000 | 85,000 | -297,000 | 45,000 | -149,000 | 534,000 | -81,000 | -129,000 | -129,000 | -26,000 | -293,000 | 1,000 | 18,000 |
net cash provided (used) by investing activities | -3,378,000 | -3,439,000 | |||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||
borrowings under revolving loan arrangements | 26,120,000 | 40,375,000 | 26,537,000 | 40,903,000 | 24,734,000 | 30,090,000 | 23,873,000 | 16,029,000 | 23,448,000 | 27,184,000 | 22,677,000 | 20,221,000 | |||||||
repayments of revolving loan arrangements | -24,677,000 | -27,971,000 | -35,830,000 | -31,610,000 | -28,033,000 | -26,791,000 | -14,448,000 | -16,029,000 | -27,209,000 | -23,423,000 | -27,943,000 | -18,685,000 | |||||||
repayments of long-term debt | |||||||||||||||||||
dividends paid to shareholders | -571,000 | -566,000 | -582,000 | -566,000 | -566,000 | -570,000 | -576,000 | -559,000 | -10,000 | -914,000 | |||||||||
payments of finance lease obligations | -297,000 | -284,000 | -192,000 | 376,000 | -847,000 | ||||||||||||||
cash from net share settlement of restricted stock units | 0 | -11,000 | |||||||||||||||||
payments of withholding taxes on stock compensation | 0 | -1,675,000 | 0 | 0 | -7,000 | -1,249,000 | 0 | -19,000 | -9,000 | -1,763,000 | -295,000 | -168,000 | -292,000 | -913,000 | -926,000 | 1,980,000 | |||
net cash provided (used) by financing activities | -175,000 | 9,868,000 | 717,000 | ||||||||||||||||
effect of exchange rate changes on cash | -354,000 | -773,000 | 3,499,000 | 1,816,000 | -2,164,000 | 2,773,000 | 1,251,000 | -40,000 | 830,000 | 365,000 | 831,000 | 2,373,000 | -764,000 | 141,000 | 49,000 | -1,529,000 | -444,000 | 905,000 | 575,000 |
net change in cash | 648,000 | -1,868,000 | -136,000 | 339,000 | -805,000 | -3,359,000 | -3,773,000 | 2,822,000 | 593,000 | 7,165,000 | 314,000 | 693,000 | 9,752,000 | 4,143,000 | 1,386,000 | -15,936,000 | 4,531,000 | ||
cash: | |||||||||||||||||||
beginning of period | 0 | 16,109,000 | 0 | 0 | 0 | 20,070,000 | 0 | 0 | 0 | 13,263,000 | 0 | 12,521,000 | 12,340,000 | 12,362,000 | 15,171,000 | 2,212,000 | 20,167,000 | 0 | 19,508,000 |
end of period | 648,000 | 14,241,000 | -136,000 | 339,000 | -805,000 | 16,711,000 | -3,773,000 | 2,822,000 | 593,000 | 20,428,000 | 314,000 | 13,214,000 | 22,092,000 | 16,505,000 | 16,557,000 | -13,724,000 | 24,698,000 | 2,440,000 | 19,677,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||
loss on sale of boat management system product line and related inventory | |||||||||||||||||||
gain on katsa acquisition | |||||||||||||||||||
restructuring charges | |||||||||||||||||||
stock compensation expense | |||||||||||||||||||
changes in operating assets and liabilities, net of acquired business | |||||||||||||||||||
trade accounts receivable | |||||||||||||||||||
inventories | |||||||||||||||||||
other assets | |||||||||||||||||||
accounts payable | |||||||||||||||||||
accrued liabilities | |||||||||||||||||||
accrued retirement benefits | |||||||||||||||||||
net cash from operating activities | 16,448,000 | 3,216,000 | 11,443,000 | 6,226,000 | 1,481,000 | ||||||||||||||
acquisition of kobelt, less cash acquired | -890,000 | ||||||||||||||||||
acquisition of katsa, less cash acquired | |||||||||||||||||||
net cash used by investing activities | -8,929,000 | -18,791,000 | -2,457,000 | -2,722,000 | -3,645,000 | 8,712,000 | -4,137,000 | -63,304,000 | -3,880,000 | ||||||||||
borrowings under long-term debt agreement | 0 | 35,000,000 | |||||||||||||||||
repayments of other long-term debt | -1,500,000 | -500,000 | -500,000 | -500,000 | -502,000 | -508,000 | |||||||||||||
payments of right-of-use finance lease obligations | 527,000 | -629,000 | -471,000 | -546,000 | |||||||||||||||
dividends paid to noncontrolling interest | -127,000 | -115,000 | 294,000 | -132,000 | |||||||||||||||
net cash (used) provided by financing activities | |||||||||||||||||||
supplemental cash flow information | |||||||||||||||||||
cash paid during the year for: | |||||||||||||||||||
interest | |||||||||||||||||||
income tax | |||||||||||||||||||
loss on sale of boat management product line and related inventory | 0 | 0 | 3,099,000 | ||||||||||||||||
restructuring expenses | -57,000 | 67,000 | -68,000 | -125,000 | -2,000 | ||||||||||||||
net loss | 1,099,000 | -2,772,000 | -1,083,000 | ||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||
proceeds from sale of fixed assets | 30,000 | 9,000 | 7,150,000 | 2,000 | 9,139,000 | 29,000 | 30,000 | 47,000 | |||||||||||
net cash used by financing activities | -1,270,000 | -570,000 | 5,572,000 | ||||||||||||||||
adjustments to reconcile net loss to net cash (used) provided by operating activities: | |||||||||||||||||||
net cash (used) provided by operating activities | -4,344,000 | -696,000 | -1,196,000 | ||||||||||||||||
net cash from financing activities | 934,000 | 643,000 | 6,658,000 | 63,819,000 | 10,051,000 | ||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||
gain on disposal of assets | |||||||||||||||||||
bargain purchase gain on katsa, oy acquisition | |||||||||||||||||||
acquisition of katsa, oy, less cash acquired | |||||||||||||||||||
net cash (used) provided by investing activities | -2,094,000 | -1,701,000 | |||||||||||||||||
adjustments to reconcile net loss to net cash provided (used) by operating activities: | |||||||||||||||||||
acquisitions of property, plant and equipment | -2,497,000 | -2,237,000 | |||||||||||||||||
proceeds on note receivable | 500,000 | ||||||||||||||||||
net cash from investing activities | |||||||||||||||||||
repayments of other long term debt | -188,000 | -651,000 | -278,000 | ||||||||||||||||
adjustments to reconcile net income to net cash (used) provided by operating activities: | |||||||||||||||||||
income from extinguishment of loan | |||||||||||||||||||
restructuring of operations | |||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
free cash flows | 16,448,000 | 3,216,000 | 11,443,000 | 6,226,000 | 1,481,000 | ||||||||||||||
proceeds from sale of plant assets | |||||||||||||||||||
proceeds from life insurance policy | |||||||||||||||||||
borrowings under revolving loan agreement | 67,103,000 | ||||||||||||||||||
repayments under revolving loan agreement | -45,231,000 | ||||||||||||||||||
repayments of long-term borrowings | -24,234,000 | ||||||||||||||||||
beginning of year | |||||||||||||||||||
end of year | |||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||
income taxes | |||||||||||||||||||
acquisitions of fixed assets | -846,000 | -4,037,000 | -3,556,000 | -550,000 | -3,587,000 | -4,318,000 | -2,502,000 | ||||||||||||
borrowings under revolving loan arrangement | 20,591,000 | 33,095,000 | |||||||||||||||||
repayments of revolver loans | -20,591,000 | -25,397,000 | |||||||||||||||||
adjustments to reconcile net loss to net cash provided by operating activities, net of acquired assets: | |||||||||||||||||||
stock compensation expense and other non-cash charges | |||||||||||||||||||
goodwill and other asset impairment charge | |||||||||||||||||||
amortizations of inventory fair value step-up | |||||||||||||||||||
gain on contingent consideration of veth propulsion acquisition | |||||||||||||||||||
gain on sale of mill log business | |||||||||||||||||||
accrued/prepaid retirement benefits | |||||||||||||||||||
cash flows from investing activities, net of acquired business: | |||||||||||||||||||
proceeds from sale of mill log business | |||||||||||||||||||
acquisition of veth propulsion, less cash acquired | -59,649,000 | ||||||||||||||||||
proceeds from issuance of common stock | 32,210,000 | ||||||||||||||||||
proceeds from exercise of stock options | 12,000 | 169,000 | 0 | 100,000 | |||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities, net of acquired assets: | |||||||||||||||||||
amortization of inventory fair value step-up | 1,171,000 | ||||||||||||||||||
borrowings under term debt arrangement | |||||||||||||||||||
repayments of term debt loan | |||||||||||||||||||
adjustments to reconcile net income to net cash provided (used) by operating activities, net of acquired assets: | |||||||||||||||||||
impairment charge | |||||||||||||||||||
net earnings | -9,425,000 | 9,635,000 | 4,208,000 | 5,106,000 | |||||||||||||||
adjustments to reconcile net earnings to net cash (used) provided by operating activities: | |||||||||||||||||||
other non-cash changes | 1,067,000 | 2,950,000 | 1,388,000 | 594,000 | |||||||||||||||
proceeds from sale of business | |||||||||||||||||||
payments of notes payable | -53,000 | ||||||||||||||||||
excess tax benefits (shortfall) from stock compensation | |||||||||||||||||||
adjustments to reconcile net earnings to net cash | |||||||||||||||||||
provided by operating activities: | |||||||||||||||||||
net change in working capital, excluding cash | -16,354,000 | ||||||||||||||||||
(payments of) proceeds from long-term debt | |||||||||||||||||||
acquisition of treasury stock | |||||||||||||||||||
excess tax benefits from stock compensation | |||||||||||||||||||
adjustments to reconcile net earnings to net | |||||||||||||||||||
cash from operating activities: | |||||||||||||||||||
loss on sale of plant assets | |||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||
proceeds from notes payable | |||||||||||||||||||
(used) provided by operating activities: | |||||||||||||||||||
proceeds from long-term debt | 11,164,000 | 142,000 | 11,251,000 | ||||||||||||||||
benefit for deferred income taxes | |||||||||||||||||||
proceeds from (payments of) long-term debt | |||||||||||||||||||
twin disc, inc. shareholders’ equity | |||||||||||||||||||
common | |||||||||||||||||||
stock | |||||||||||||||||||
balance at june 30, 2009 | |||||||||||||||||||
translation adjustments | |||||||||||||||||||
benefit plan adjustments, net of tax | |||||||||||||||||||
cash dividends | |||||||||||||||||||
compensation expense and windfall | |||||||||||||||||||
tax benefits | |||||||||||||||||||
shares (acquired) issued | |||||||||||||||||||
balance at june 30, 2010 | |||||||||||||||||||
balance at june 30, 2011 | |||||||||||||||||||
balance at june 30, 2012 | |||||||||||||||||||
adjustments to reconcile net earnings to | |||||||||||||||||||
net cash provided (used) by operating activities: | |||||||||||||||||||
net change in working capital, | |||||||||||||||||||
excluding cash | -1,531,000 | -2,313,000 | |||||||||||||||||
cash flows from investing activities: - sum | -4,118,000 | -2,502,000 | |||||||||||||||||
bank overdraft | |||||||||||||||||||
increase in notes payable | 424,000 | -395,000 | |||||||||||||||||
purchase of treasury stock | 0 | -13,367,000 | |||||||||||||||||
dividends paid | -784,000 | -653,000 | |||||||||||||||||
cash flows from financing activities: - sum | -217,000 | -3,046,000 | |||||||||||||||||
net change in cash and cash equivalents | 2,440,000 | 169,000 | |||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||
net cash from operating activities: | |||||||||||||||||||
other non-cash changes – net | |||||||||||||||||||
decrease in notes payable | |||||||||||||||||||
payments on debt and notes payable |

