Twin Disc Inc
NASDAQ:TWIN
Income Statement
Earnings Waterfall
Twin Disc Inc
Revenue
|
294.2m
USD
|
Cost of Revenue
|
-212.9m
USD
|
Gross Profit
|
81.3m
USD
|
Operating Expenses
|
-69.4m
USD
|
Operating Income
|
11.9m
USD
|
Other Expenses
|
-867k
USD
|
Net Income
|
11m
USD
|
Income Statement
Twin Disc Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
274
N/A
|
266
-3%
|
264
-1%
|
262
-1%
|
272
+4%
|
272
+0%
|
266
-2%
|
238
-10%
|
210
-12%
|
191
-9%
|
166
-13%
|
165
-1%
|
154
-7%
|
157
+2%
|
168
+7%
|
177
+5%
|
200
+13%
|
221
+10%
|
241
+9%
|
270
+12%
|
292
+8%
|
304
+4%
|
303
0%
|
287
-5%
|
269
-6%
|
260
-3%
|
247
-5%
|
234
-5%
|
223
-5%
|
212
-5%
|
219
+3%
|
220
+1%
|
231
+5%
|
233
+1%
|
243
+4%
|
251
+3%
|
255
+1%
|
269
+6%
|
277
+3%
|
285
+3%
|
294
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(196)
|
(190)
|
(187)
|
(183)
|
(189)
|
(187)
|
(183)
|
(170)
|
(152)
|
(142)
|
(126)
|
(123)
|
(115)
|
(115)
|
(120)
|
(124)
|
(138)
|
(151)
|
(160)
|
(180)
|
(193)
|
(203)
|
(213)
|
(212)
|
(204)
|
(202)
|
(191)
|
(178)
|
(174)
|
(165)
|
(168)
|
(166)
|
(172)
|
(170)
|
(174)
|
(182)
|
(182)
|
(195)
|
(203)
|
(207)
|
(213)
|
|
Gross Profit |
78
N/A
|
76
-1%
|
77
+1%
|
79
+2%
|
83
+5%
|
85
+3%
|
83
-2%
|
69
-17%
|
58
-15%
|
49
-16%
|
41
-17%
|
42
+2%
|
39
-6%
|
43
+9%
|
48
+13%
|
53
+10%
|
62
+17%
|
70
+12%
|
81
+15%
|
91
+12%
|
99
+9%
|
101
+2%
|
90
-11%
|
75
-16%
|
65
-14%
|
58
-10%
|
56
-5%
|
56
+0%
|
49
-12%
|
46
-5%
|
51
+10%
|
55
+7%
|
59
+8%
|
63
+6%
|
69
+9%
|
69
0%
|
72
+5%
|
74
+2%
|
74
+1%
|
78
+5%
|
81
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(67)
|
(67)
|
(68)
|
(67)
|
(66)
|
(64)
|
(66)
|
(61)
|
(60)
|
(57)
|
(54)
|
(52)
|
(52)
|
(53)
|
(54)
|
(56)
|
(57)
|
(61)
|
(67)
|
(71)
|
(72)
|
(70)
|
(67)
|
(65)
|
(64)
|
(63)
|
(59)
|
(56)
|
(54)
|
(56)
|
(56)
|
(58)
|
(59)
|
(60)
|
(63)
|
(58)
|
(59)
|
(62)
|
(60)
|
(69)
|
|
Selling, General & Administrative |
(67)
|
(67)
|
(67)
|
(68)
|
(67)
|
(66)
|
(64)
|
(64)
|
(62)
|
(60)
|
(57)
|
(54)
|
(52)
|
(52)
|
(53)
|
(54)
|
(56)
|
(57)
|
(61)
|
(67)
|
(71)
|
(73)
|
(72)
|
(69)
|
(66)
|
(64)
|
(63)
|
(59)
|
(56)
|
(54)
|
(56)
|
(56)
|
(58)
|
(60)
|
(60)
|
(62)
|
(63)
|
(63)
|
(62)
|
(64)
|
(65)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
5
|
4
|
0
|
4
|
(4)
|
|
Operating Income |
10
N/A
|
10
-6%
|
10
+2%
|
11
+13%
|
15
+38%
|
19
+24%
|
19
-2%
|
2
-87%
|
(3)
N/A
|
(11)
-269%
|
(16)
-50%
|
(13)
+20%
|
(13)
-4%
|
(9)
+30%
|
(5)
+51%
|
(1)
+86%
|
6
N/A
|
13
+110%
|
20
+52%
|
24
+23%
|
28
+17%
|
29
+3%
|
20
-32%
|
8
-60%
|
0
-99%
|
(6)
N/A
|
(8)
-31%
|
(4)
+53%
|
(7)
-107%
|
(8)
-6%
|
(5)
+37%
|
(2)
+64%
|
1
N/A
|
3
+298%
|
9
+160%
|
6
-33%
|
14
+132%
|
15
+9%
|
12
-20%
|
18
+45%
|
12
-32%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
(4)
|
(4)
|
(9)
|
(9)
|
(9)
|
(12)
|
(4)
|
(5)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(5)
|
(33)
|
(33)
|
(33)
|
(29)
|
(1)
|
1
|
4
|
3
|
3
|
2
|
0
|
0
|
0
|
4
|
0
|
4
|
|
Total Other Income |
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(2)
|
(1)
|
(3)
|
(0)
|
(0)
|
3
|
4
|
3
|
2
|
1
|
1
|
1
|
|
Pre-Tax Income |
7
N/A
|
6
-10%
|
8
+33%
|
11
+35%
|
15
+40%
|
20
+29%
|
16
-19%
|
3
-83%
|
(7)
N/A
|
(16)
-131%
|
(25)
-63%
|
(23)
+11%
|
(23)
-1%
|
(21)
+7%
|
(10)
+55%
|
(7)
+26%
|
(1)
+85%
|
8
N/A
|
14
+86%
|
19
+35%
|
23
+19%
|
24
+2%
|
15
-39%
|
3
-81%
|
(8)
N/A
|
(43)
-421%
|
(44)
-3%
|
(41)
+7%
|
(42)
-4%
|
(13)
+68%
|
(10)
+27%
|
(3)
+73%
|
1
N/A
|
4
+219%
|
13
+234%
|
8
-35%
|
15
+82%
|
15
+2%
|
15
-5%
|
17
+14%
|
15
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(5)
|
0
|
4
|
9
|
12
|
11
|
11
|
8
|
3
|
7
|
4
|
2
|
(1)
|
(7)
|
(7)
|
(7)
|
(4)
|
(1)
|
(1)
|
4
|
4
|
4
|
7
|
4
|
(20)
|
(21)
|
(24)
|
(25)
|
(2)
|
(1)
|
(3)
|
(2)
|
(4)
|
(5)
|
(4)
|
|
Income from Continuing Operations |
1
|
2
|
4
|
7
|
10
|
13
|
11
|
3
|
(3)
|
(7)
|
(13)
|
(11)
|
(12)
|
(13)
|
(6)
|
(0)
|
3
|
9
|
13
|
13
|
16
|
17
|
11
|
2
|
(9)
|
(39)
|
(39)
|
(37)
|
(35)
|
(9)
|
(30)
|
(24)
|
(23)
|
(21)
|
11
|
7
|
12
|
13
|
11
|
12
|
11
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
1
N/A
|
1
+26%
|
4
+163%
|
6
+78%
|
10
+50%
|
13
+36%
|
11
-14%
|
3
-75%
|
(3)
N/A
|
(7)
-121%
|
(13)
-83%
|
(11)
+12%
|
(12)
-5%
|
(13)
-7%
|
(6)
+51%
|
(0)
+97%
|
(1)
-571%
|
5
N/A
|
10
+100%
|
9
-5%
|
17
+91%
|
17
+1%
|
11
-39%
|
2
-86%
|
(9)
N/A
|
(39)
-328%
|
(40)
-2%
|
(37)
+6%
|
(35)
+6%
|
(10)
+72%
|
(30)
-198%
|
(24)
+20%
|
(23)
+2%
|
(21)
+9%
|
11
N/A
|
7
-32%
|
12
+70%
|
13
+4%
|
10
-17%
|
11
+8%
|
11
-2%
|
|
EPS (Diluted) |
0.09
N/A
|
0.12
+33%
|
0.32
+167%
|
0.58
+81%
|
0.86
+48%
|
1.16
+35%
|
0.99
-15%
|
0.25
-75%
|
-0.29
N/A
|
-0.64
-121%
|
-1.17
-83%
|
-1.03
+12%
|
-1.08
-5%
|
-1.15
-6%
|
-0.56
+51%
|
-0.02
+96%
|
-0.12
-500%
|
0.41
N/A
|
0.83
+102%
|
0.76
-8%
|
1.32
+74%
|
1.34
+2%
|
0.84
-37%
|
0.12
-86%
|
-0.68
N/A
|
-2.94
-332%
|
-3.01
-2%
|
-2.84
+6%
|
-2.66
+6%
|
-0.74
+72%
|
-2.24
-203%
|
-1.8
+20%
|
-1.76
+2%
|
-1.57
+11%
|
0.78
N/A
|
0.53
-32%
|
0.9
+70%
|
0.93
+3%
|
0.75
-19%
|
0.83
+11%
|
0.78
-6%
|