Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 25, 2022	Jun. 30, 2021
Current assets:
Cash	$ 12,825	$ 12,340
Trade accounts receivable, net	38,977	39,491
Inventories	131,080	114,967
Assets held for sale	3,082	9,539
Prepaid expenses	6,984	5,704
Other	8,447	9,926
Total current assets	201,395	191,967
Property, plant and equipment, net	42,753	45,463
Right-of-use assets operating leases	13,692	14,736
Intangible assets, net	13,944	17,480
Deferred income taxes	2,258	2,511
Other assets	3,682	3,256
Total assets	277,724	275,413
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	34,195	31,011
Accrued liabilities	48,779	45,549
Total current liabilities	84,974	78,560
Long-term debt	32,069	30,085
Lease obligations	11,543	12,887
Accrued retirement benefits	10,065	11,176
Deferred income taxes	3,959	5,045
Other long-term liabilities	5,659	7,000
Total liabilities	148,269	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	42,048	40,972
Retained earnings	127,251	126,936
Accumulated other comprehensive loss	(25,724)	(22,615)
Equity before treasury stock	143,575	145,293
Less treasury stock, at cost (965,987 and 984,139 shares, respectively)	14,805	15,083
Total Twin Disc shareholders' equity	128,770	130,210
Noncontrolling interest	685	450
Total equity	129,455	130,660
Total liabilities and equity	$ 277,724	$ 275,413