Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 26, 2021	Jun. 30, 2020
Current assets:
Cash	$ 11,594	$ 10,688
Trade accounts receivable, net	31,309	30,682
Inventories	116,693	120,607
Prepaid expenses	5,478	5,269
Other	7,781	6,739
Total current assets	172,855	173,985
Property, plant and equipment, net	75,607	72,732
Intangible assets, net	17,420	18,973
Deferred income taxes	29,261	24,445
Other assets	3,340	3,992
Total assets	298,483	294,127
Current liabilities:
Current maturities of long-term debt	2,000	4,691
Accounts payable	25,756	25,663
Accrued liabilities	41,123	36,380
Total current liabilities	68,879	66,734
Long-term debt	39,226	37,896
Lease obligations	17,352	13,495
Accrued retirement benefits	24,977	27,938
Deferred income taxes	5,217	5,501
Other long-term liabilities	1,979	2,605
Total liabilities	157,630	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	40,446	42,756
Retained earnings	148,457	156,655
Accumulated other comprehensive loss	(33,646)	(41,226)
Equity before treasury stock	155,257	158,185
Less treasury stock, at cost (985,686 and 1,226,809 shares, respectively)	15,106	18,796
Total Twin Disc shareholders' equity	140,151	139,389
Noncontrolling interest	702	569
Total equity	140,853	139,958
Total liabilities and equity	$ 298,483	$ 294,127