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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2024
Dec. 29, 2023
Sep. 29, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 30, 2022
Sep. 30, 2022
Jun. 30, 2022
Current assets:                
Cash $ 23,843     $ 13,263 $ 14,024      
Trade accounts receivable, net 40,950     54,760 44,438      
Inventories 129,845     131,930 136,153      
Assets held for sale 2,968     2,968 2,968      
Prepaid expenses 10,471     8,459 10,025      
Other 10,451     8,326 8,341      
Total current assets 218,528     219,706 215,949      
Property, plant and equipment, net 40,606     38,650 40,700      
Right-of-use assets operating leases 14,498     13,133 12,415      
Intangible assets, net 10,157     12,637 11,239      
Deferred income taxes 2,210     2,244 2,542      
Other assets 2,755     2,811 2,668      
Total assets 288,754     289,181 285,513      
Current liabilities:                
Current maturities of long-term debt 2,000     2,010 2,000      
Accounts payable 33,230     36,499 29,726      
Accrued liabilities 63,406     61,586 56,886      
Total current liabilities 98,636     100,095 88,612      
Long-term debt 15,042     16,617 29,276      
Lease obligations 12,638     10,811 9,897      
Accrued retirement benefits 6,707     7,608 10,315      
Deferred income taxes 2,965     3,280 3,391      
Other long-term liabilities 5,822     5,253 5,403      
Total liabilities 141,810     143,664 146,894      
Twin Disc shareholders' equity:                
Preferred shares authorized: 200,000; issued: none; no par value 0     0 0      
Common shares authorized: 30,000,000; issued: 14,632,802; no par value 40,428     42,855 42,145      
Retained earnings 122,759     120,299 113,524      
Accumulated other comprehensive loss (7,094)     (5,570) (5,212)      
Equity before treasury stock 156,093     157,584 150,457      
Less treasury stock, at cost (638,712 and 814,734 shares, respectively) 9,797     12,491 12,527      
Total Twin Disc shareholders' equity 146,296     145,093 137,930      
Noncontrolling interest 648     424 689      
Total equity 146,944 $ 145,910 $ 140,175 145,517 138,619 $ 133,765 $ 124,768 $ 131,188
Total liabilities and equity $ 288,754     $ 289,181 $ 285,513