Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 27, 2020	Jun. 30, 2019
Current assets:
Cash	$ 8,434	$ 12,362
Trade accounts receivable, net	31,514	44,013
Inventories	127,615	125,893
Prepaid expenses	6,681	11,681
Other	8,128	8,420
Total current assets	182,372	202,369
Property, plant and equipment, net	72,863	71,258
Goodwill, net		25,954
Intangible assets, net	19,925	25,353
Deferred income taxes	22,848	18,178
Other assets	3,152	3,758
Total assets	301,160	346,870
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	27,909	31,468
Accrued liabilities	42,160	41,646
Total current liabilities	72,069	75,114
Long-term debt	40,874	40,491
Lease obligations	13,340	12,646
Accrued retirement benefits	22,502	25,878
Deferred income taxes	5,780	7,429
Other long-term liabilities	2,560	2,494
Total liabilities	157,125	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	42,286	45,047
Retained earnings	158,415	196,472
Accumulated other comprehensive loss	(38,476)	(37,971)
Equity before treasury stock	162,225	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	143,429	182,216
Noncontrolling interest	606	602
Total equity	144,035	182,818
Total liabilities and equity	$ 301,160	$ 346,870