Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Current assets:
Cash	$ 11,123	$ 12,340
Trade accounts receivable, net	34,022	39,491
Inventories	123,928	114,967
Assets held for sale	3,318	9,539
Prepaid expenses	5,879	5,704
Other	8,200	9,926
Total current assets	186,470	191,967
Property, plant and equipment, net	43,155	45,463
Right-of-use assets operating leases	13,795	14,736
Intangible assets, net	15,209	17,480
Deferred income taxes	2,629	2,511
Other assets	3,300	3,256
Total assets	264,558	275,413
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	31,234	31,011
Accrued liabilities	47,302	45,549
Total current liabilities	80,536	78,560
Long-term debt	23,255	30,085
Lease obligations	11,905	12,887
Accrued retirement benefits	10,501	11,176
Deferred income taxes	4,254	5,045
Other long-term liabilities	6,176	7,000
Total liabilities	136,627	144,753
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	41,591	40,972
Retained earnings	125,020	126,936
Accumulated other comprehensive loss	(24,359)	(22,615)
Equity before treasury stock	142,252	145,293
Less treasury stock, at cost (974,557 and 985,686 shares, respectively)	14,968	15,083
Total Twin Disc shareholders' equity	127,284	130,210
Noncontrolling interest	647	450
Total equity	127,931	130,660
Total liabilities and equity	$ 264,558	$ 275,413