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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 25, 2015
Jun. 30, 2015
Current assets:    
Cash $ 23,036,000 $ 22,936,000
Trade accounts receivable, net 31,290,000 43,883,000
Inventories 77,047,000 80,241,000
Deferred income taxes 3,776,000 4,863,000
Other 13,261,000 17,907,000
Total current assets 148,410,000 169,830,000
Property, plant and equipment, net 55,366,000 56,427,000
Goodwill, net 12,779,000 12,789,000
Deferred income taxes 12,931,000 4,878,000
Intangible assets, net 2,169,000 2,186,000
Other assets 4,137,000 3,752,000
Total assets 235,792,000 249,862,000
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 3,571,000 3,571,000
Accounts payable 18,418,000 20,729,000
Accrued liabilities 28,946,000 32,754,000
Total current liabilities 50,935,000 57,054,000
Long-term debt 10,696,000 10,231,000
Accrued retirement benefits 37,157,000 38,362,000
Deferred income taxes 1,052,000 1,093,000
Other long-term liabilities 2,222,000 2,955,000
Total liabilities $ 102,062,000 $ 109,695,000
Commitments and contingencies (Note D)
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 11,517,000 12,259,000
Retained earnings 185,465,000 190,807,000
Accumulated other comprehensive loss (36,529,000) (35,481,000)
Equity before treasury stock 160,453,000 167,585,000
Less treasury stock, at cost (1,776,074 and 1,832,121 shares, respectively) 27,200,000 28,057,000
Total Twin Disc shareholders' equity 133,253,000 139,528,000
Noncontrolling interest 477,000 639,000
Total equity 133,730,000 140,167,000
Total liabilities and equity $ 235,792,000 $ 249,862,000