Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Current assets:
Cash	$ 13,214	$ 12,521
Trade accounts receivable, net	40,007	45,452
Inventories	128,100	127,109
Assets held for sale	5,769	2,968
Prepaid expenses	8,207	7,756
Other	6,521	8,646
Total current assets	201,818	204,452
Property, plant and equipment, net	38,989	41,615
Right-of-use assets operating leases	11,492	12,685
Intangible assets, net	11,560	13,010
Deferred income taxes	2,846	2,178
Other assets	2,846	2,583
Total assets	269,551	276,523
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	30,706	28,536
Accrued liabilities	49,158	50,542
Total current liabilities	81,864	81,078
Long-term debt, less current maturities	35,112	34,543
Lease obligations	9,483	10,575
Accrued retirement benefits	9,860	9,974
Deferred income taxes	3,422	3,802
Other long-term liabilities	5,042	5,363
Total liabilities	144,783	145,335
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	41,285	42,551
Retained earnings	133,002	135,031
Accumulated other comprehensive loss	(37,103)	(32,086)
Equity before treasury stock	137,184	145,496
Less treasury stock, at cost (845,670 and 960,459 shares, respectively)	12,964	14,720
Total Twin Disc shareholders' equity	124,220	130,776
Noncontrolling interest	548	412
Total equity	124,768	131,188
Total liabilities and equity	$ 269,551	$ 276,523