Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 28, 2018	Jun. 30, 2018
Current assets:
Cash	$ 16,557	$ 15,171
Trade accounts receivable, net	45,887	45,422
Inventories	123,439	84,001
Prepaid expenses	7,287	8,423
Other	9,228	6,252
Total current assets	202,398	159,269
Property, plant and equipment, net	68,302	55,467
Deferred income taxes	13,838	18,056
Goodwill, net	27,265	2,692
Intangible assets, net	24,786	1,906
Other assets	4,168	3,850
Total assets	340,757	241,240
Current liabilities:
Accounts payable	31,735	29,368
Accrued liabilities	46,327	32,976
Total current liabilities	78,062	62,344
Long-term debt	37,446	4,824
Lease obligations	17,070	6,527
Accrued retirement benefits	19,985	21,068
Deferred income taxes	7,969	1,203
Other long-term liabilities	1,765	1,658
Total liabilities	162,297	97,624
Commitments and contingencies (Note F)
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 and 13,099,468, respectively; no par value	44,044	11,570
Retained earnings	188,661	178,896
Accumulated other comprehensive loss	(30,760)	(23,792)
Equity before treasury stock	201,945	166,674
Less treasury stock, at cost (1,567,274 and 1,545,783 shares, respectively)	24,005	23,677
Total Twin Disc shareholders' equity	177,940	142,997
Noncontrolling interest	520	619
Total equity	178,460	143,616
Total liabilities and equity	$ 340,757	$ 241,240