CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Current assets:
Cash	$ 22,936	$ 24,757
Trade accounts receivable, net	43,883	40,219
Inventories	80,241	97,579
Deferred income taxes	4,863	4,779
Other	17,907	12,763
Total current assets	169,830	180,097
Property, plant and equipment, net	56,427	60,267
Goodwill, net	12,789	13,463
Deferred income taxes	4,878	2,556
Intangible assets, net	2,186	2,797
Other assets	3,752	7,805
Total assets	249,862	266,985
Current liabilities:
Short-term borrowings and current maturities of long-term debt	3,571	3,604
Accounts payable	20,729	22,111
Accrued liabilities	32,754	31,265
Total current liabilities	57,054	56,980
Long-term debt	10,231	14,800
Accrued retirement benefits	38,362	37,006
Deferred income taxes	1,093	1,778
Other long-term liabilities	2,955	4,110
Total liabilities	109,695	114,674
Twin Disc shareholders' equity:
Preferred shares authorized: 200,000; issued: none; no par value	0	0
Common shares authorized: 30,000,000; issued: 13,099,468; no par value	12,259	11,973
Retained earnings	190,807	183,695
Accumulated other comprehensive loss	(35,481)	(15,943)
Shareholders' equity before treasury stock	167,585	179,725
Less treasury stock, at cost (1,832,121 and 1,837,595 shares, respectively)	28,057	28,141
Total Twin Disc shareholders' equity	139,528	151,584
Noncontrolling interest	639	727
Total equity	140,167	152,311
Total liabilities and equity	$ 249,862	$ 266,985