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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 25, 2016
Jun. 30, 2015
Current assets:    
Cash $ 13,400,000 $ 22,936,000
Trade accounts receivable, net 32,644,000 43,883,000
Inventories 69,495,000 80,241,000
Deferred income taxes 5,398,000 4,863,000
Other 12,257,000 17,907,000
Total current assets 133,194,000 169,830,000
Property, plant and equipment, net 53,178,000 56,427,000
Goodwill, net 12,678,000 12,789,000
Deferred income taxes 13,294,000 4,878,000
Intangible assets, net 2,119,000 2,186,000
Other assets 3,947,000 3,752,000
Total assets 218,410,000 249,862,000
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 3,571,000 3,571,000
Accounts payable 15,144,000 20,729,000
Accrued liabilities 22,216,000 32,754,000
Total current liabilities 40,931,000 57,054,000
Long-term debt 8,227,000 10,231,000
Accrued retirement benefits 35,459,000 38,362,000
Deferred income taxes 873,000 1,093,000
Other long-term liabilities 1,917,000 2,955,000
Total liabilities $ 87,407,000 $ 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 11,530,000 12,259,000
Retained earnings 181,180,000 190,807,000
Accumulated other comprehensive loss (35,445,000) (35,481,000)
Equity before treasury stock 157,265,000 167,585,000
Less treasury stock, at cost (1,749,294 and 1,832,121 shares, respectively) 26,790,000 28,057,000
Total Twin Disc shareholders' equity 130,475,000 139,528,000
Noncontrolling interest 528,000 639,000
Total equity 131,003,000 140,167,000
Total liabilities and equity $ 218,410,000 $ 249,862,000