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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2019
Jun. 30, 2018
Current assets:    
Cash $ 15,757 $ 15,171
Trade accounts receivable, net 48,207 45,422
Inventories 128,168 84,001
Prepaid expenses 7,591 8,423
Other 8,591 6,252
Total current assets 208,314 159,269
Property, plant and equipment, net 67,422 55,467
Goodwill, net 26,672 2,692
Intangible assets, net 23,114 1,906
Deferred income taxes 15,313 18,056
Other assets 3,989 3,850
Total assets 344,824 241,240
Current liabilities:    
Current maturities of long-term debt 2,000
Accounts payable 27,825 29,368
Accrued liabilities 39,512 32,976
Total current liabilities 69,337 62,344
Long-term debt 47,280 4,824
Lease obligations 13,325 6,527
Accrued retirement benefits 19,172 21,068
Deferred income taxes 6,971 1,203
Other long-term liabilities 2,097 1,658
Total liabilities 158,182 97,624
Commitments and contingencies (Note F)
Twin Disc shareholders' equity:    
Preferred shares authorized: 200,000; issued: none; no par value 0 0
Common shares authorized: 30,000,000; issued: 14,632,802 and 13,098,468, respectively; no par value 44,755 11,570
Retained earnings 197,293 178,896
Accumulated other comprehensive loss (32,462) (23,792)
Equity before treasury stock 209,586 166,674
Less treasury stock, at cost (1,534,290 and 1,545,783 shares, respectively) 23,500 23,677
Total Twin Disc shareholders' equity 186,086 142,997
Noncontrolling interest 556 619
Total equity 186,642 143,616
Total liabilities and equity $ 344,824 $ 241,240