Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 27, 2019	Jun. 30, 2019
Current assets:
Cash	$ 14,836	$ 12,362
Trade accounts receivable, net	33,302	44,013
Inventories	134,658	125,893
Prepaid expenses	5,522	11,681
Other	7,544	8,420
Total current assets	195,862	202,369
Property, plant and equipment, net	73,768	71,258
Goodwill, net	25,561	25,954
Intangible assets, net	22,625	25,353
Deferred income taxes	21,459	18,178
Other assets	4,006	3,758
Total assets	343,281	346,870
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	26,259	31,468
Accrued liabilities	47,730	41,646
Total current liabilities	75,989	75,114
Long-term debt	50,512	40,491
Lease obligations	13,850	12,646
Accrued retirement benefits	24,607	25,878
Deferred income taxes	6,744	7,429
Other long-term liabilities	2,094	2,494
Total liabilities	173,796	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	42,305	45,047
Retained earnings	183,645	196,472
Accumulated other comprehensive loss	(38,230)	(37,971)
Equity before treasury stock	187,720	203,548
Less treasury stock, at cost (1,226,809 and 1,392,524 shares, respectively)	18,796	21,332
Total Twin Disc shareholders' equity	168,924	182,216
Noncontrolling interest	561	602
Total equity	169,485	182,818
Total liabilities and equity	$ 343,281	$ 346,870