CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Current assets:
Cash	$ 24,757	$ 20,724
Trade accounts receivable, net	40,219	46,331
Inventories	97,579	102,774
Deferred income taxes	4,779	5,280
Other	12,763	13,363
Total current assets	180,097	188,472
Property, plant and equipment, net	60,267	62,315
Goodwill, net	13,463	13,232
Deferred income taxes	2,556	7,614
Intangible assets, net	2,797	3,149
Other assets	7,805	10,676
Total assets	266,985	285,458
Current liabilities:
Short-term borrowings and current maturities of long-term debt	3,604	3,681
Accounts payable	22,111	20,651
Accrued liabilities	31,265	39,171
Total current liabilities	56,980	63,503
Long-term debt	14,800	23,472
Accrued retirement benefits	37,006	48,290
Deferred income taxes	1,778	2,925
Other long-term liabilities	4,110	3,706
Total liabilities	114,674	141,896
Twin Disc shareholders' equity:
Preferred shares authorized: 200,000; issued: none; no par value	0	0
Common shares authorized: 30,000,000; issued: 13,099,468; no par value	11,973	13,183
Retained earnings	183,695	184,110
Accumulated other comprehensive loss	(15,943)	(25,899)
Shareholders' equity before treasury stock	179,725	171,394
Less treasury stock, at cost (1,837,595 and 1,866,516 shares, respectively)	28,141	28,890
Total Twin Disc shareholders' equity	151,584	142,504
Noncontrolling interest	727	1,058
Total equity	152,311	143,562
Total liabilities and equity	$ 266,985	$ 285,458