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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2017
Jun. 30, 2017
Current assets:    
Cash $ 15,461 $ 16,367
Trade accounts receivable, net 27,514 31,392
Inventories 70,037 66,193
Prepaid expenses 8,018 8,295
Other 7,537 7,187
Total current assets 128,567 129,434
Property, plant and equipment, net 48,344 48,212
Deferred income taxes 28,822 24,198
Goodwill, net 2,757 2,585
Intangible assets, net 2,070 2,009
Other assets 4,443 4,460
Total assets 215,003 210,898
Current liabilities:    
Accounts payable 19,486 21,301
Accrued liabilities 21,749 23,222
Total current liabilities 41,235 44,523
Long-term debt 8,244 6,323
Accrued retirement benefits 32,727 33,706
Deferred income taxes 1,029 1,011
Other long-term liabilities 1,687 1,768
Total liabilities 84,922 87,331
Commitments and contingencies (Note D)
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 9,878 10,429
Retained earnings 172,760 169,368
Accumulated other comprehensive loss (29,650) (32,671)
Equity before treasury stock 152,988 147,126
Less treasury stock, at cost (1,526,945 and 1,580,335 shares, respectively) 23,388 24,205
Total Twin Disc shareholders' equity 129,600 122,921
Noncontrolling interest 481 646
Total equity 130,081 123,567
Total liabilities and equity $ 215,003 $ 210,898