Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
Current assets:
Cash	$ 14,024	$ 12,521
Trade accounts receivable, net	44,438	45,452
Inventories	136,153	127,109
Assets held for sale	2,968	2,968
Prepaid expenses	10,025	7,756
Other	8,341	8,646
Total current assets	215,949	204,452
Property, plant and equipment, net	40,700	41,615
Right-of-use assets operating leases	12,415	12,685
Intangible assets, net	11,239	13,010
Deferred income taxes	2,542	2,178
Other assets	2,668	2,583
Total assets	285,513	276,523
Current liabilities:
Current maturities of long-term debt	2,000	2,000
Accounts payable	29,726	28,536
Accrued liabilities	56,886	50,542
Total current liabilities	88,612	81,078
Long-term debt, less current maturities	29,276	34,543
Lease obligations	9,897	10,575
Accrued retirement benefits	10,315	9,974
Deferred income taxes	3,391	3,802
Other long-term liabilities	5,403	5,363
Total liabilities	146,894	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	42,145	42,551
Retained earnings	136,815	135,031
Accumulated other comprehensive loss	(28,503)	(32,086)
Equity before treasury stock	150,457	145,496
Less treasury stock, at cost (817,095 and 960,459 shares, respectively)	12,527	14,720
Total Twin Disc shareholders' equity	137,930	130,776
Noncontrolling interest	689	412
Total equity	138,619	131,188
Total liabilities and equity	$ 285,513	$ 276,523