XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 30, 2011
Jun. 30, 2011
Current assets:    
Cash $ 18,621 $ 20,167
Trade accounts receivable, net 56,933 61,007
Inventories, net 114,981 99,139
Deferred income taxes 5,264 5,765
Other 9,632 9,090
Total current assets 205,431 195,168
Property, plant and equipment, net 65,651 65,791
Goodwill, net 17,204 17,871
Deferred income taxes 14,815 16,480
Intangible assets, net 5,624 6,439
Other assets 7,683 7,371
Total assets 316,408 309,120
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 3,843 3,915
Accounts payable 35,973 38,372
Accrued liabilities 38,056 41,673
Total current liabilities 77,872 83,960
Long-term debt 37,896 25,784
Accrued retirement benefits 46,527 50,063
Deferred income taxes 3,682 4,170
Other long-term liabilities 4,845 7,089
Total liabilities 170,822 171,066
Twin Disc shareholders' equity:    
Common shares authorized: 30,000,000;issued: 13,099,468; no par value 11,604 10,863
Retained earnings 176,467 162,857
Accumulated other comprehensive loss (19,088) (11,383)
Subtotal (Element to be removed from future filings) 168,983 162,337
Less treasury stock, at cost (1,669,981 and 1,739,574 shares, respectively) 24,356 25,252
Total Twin Disc shareholders' equity 144,627 137,085
Noncontrolling interest 959 969
Total equity 145,586 138,054
Total liabilities and equity $ 316,408 $ 309,120