Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 27, 2019	Jun. 30, 2019
Current assets:
Cash	$ 16,505	$ 12,362
Trade accounts receivable, net	36,893	44,013
Inventories	127,305	125,893
Prepaid expenses	9,821	11,681
Other	8,001	8,420
Total current assets	198,525	202,369
Property, plant and equipment, net	71,249	71,258
Goodwill, net	25,072	25,954
Intangible assets, net	23,267	25,353
Deferred income taxes	19,508	18,178
Other assets	3,840	3,758
Total assets	341,461	346,870
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	25,278	31,468
Accrued liabilities	44,954	39,609
Total current liabilities	72,232	73,077
Long-term debt	47,554	40,491
Lease obligations	14,054	14,683
Accrued retirement benefits	25,141	25,878
Deferred income taxes	6,894	7,429
Other long-term liabilities	2,223	2,494
Total liabilities	168,098	164,052
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: 14,632,802; no par value	43,182	45,047
Retained earnings	190,161	196,472
Accumulated other comprehensive loss	(40,571)	(37,971)
Equity before treasury stock	192,772	203,548
Less treasury stock, at cost (1,300,317 and 1,392,524 shares, respectively)	19,920	21,332
Total Twin Disc shareholders' equity	172,852	182,216
Noncontrolling interest	511	602
Total equity	173,363	182,818
Total liabilities and equity	$ 341,461	$ 346,870