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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash $ 18,273,000 $ 22,936,000
Trade accounts receivable, net 25,363,000 43,883,000
Inventories 66,569,000 80,241,000
Deferred Tax Assets, Net of Valuation Allowance, Current 4,863,000
Prepaid expenses 7,353,000 7,495,000
Other 7,477,000 10,412,000
Total current assets 125,035,000 169,830,000
Property, plant and equipment, net 51,665,000 56,427,000
Goodwill, net 5,120,000 12,789,000
Deferred income taxes 25,870,000 4,878,000
Intangible assets, net 2,164,000 2,186,000
Other assets 4,068,000 3,752,000
Total assets 213,922,000 249,862,000
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 3,571,000
Accounts payable 14,716,000 20,729,000
Accrued liabilities 21,415,000 32,754,000
Total current liabilities 36,131,000 57,054,000
Long-term debt 8,501,000 10,231,000
Accrued retirement benefits 48,705,000 38,362,000
Deferred income taxes 827,000 1,093,000
Other long-term liabilities 2,705,000 2,955,000
Total liabilities 96,869,000 109,695,000
Commitments and contingencies (Note O)
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 11,761,000 12,259,000
Retained earnings 175,662,000 190,807,000
Accumulated other comprehensive loss (44,143,000) (35,481,000)
Equity before treasury stock 143,280,000 167,585,000
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 116,490,000 139,528,000
Noncontrolling interest 563,000 639,000
Total equity 117,053,000 140,167,000
Total liabilities and equity $ 213,922,000 $ 249,862,000