Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 25, 2020	Jun. 30, 2020
Current assets:
Cash	$ 9,313	$ 10,688
Trade accounts receivable, net	31,824	30,682
Inventories	120,216	120,607
Prepaid expenses	5,277	5,269
Other	5,946	6,739
Total current assets	172,576	173,985
Property, plant and equipment, net	77,775	72,732
Intangible assets, net	18,817	18,973
Deferred income taxes	29,057	24,445
Other assets	4,118	3,992
Total assets	302,343	294,127
Current liabilities:
Current maturities of long-term debt	3,700	4,691
Accounts payable	23,293	25,663
Accrued liabilities	42,432	36,380
Total current liabilities	69,425	66,734
Long-term debt	39,016	37,896
Lease obligations	17,836	13,495
Accrued retirement benefits	27,600	27,938
Deferred income taxes	5,527	5,501
Other long-term liabilities	2,384	2,605
Total liabilities	161,788	154,169
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	40,814	42,756
Retained earnings	152,676	156,655
Accumulated other comprehensive loss	(36,998)	(41,226)
Equity before treasury stock	156,492	158,185
Less treasury stock, at cost (1,080,698 and 1,226,809 shares, respectively)	16,560	18,796
Total Twin Disc shareholders' equity	139,932	139,389
Noncontrolling interest	623	569
Total equity	140,555	139,958
Total liabilities and equity	$ 302,343	$ 294,127