Twin disc inc (TWIN)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
Current assets:
Cash

8,434

14,836

16,505

12,362

15,757

18,542

16,557

15,171

15,115

15,766

15,461

16,367

14,940

12,991

16,077

18,273

13,400

20,631

23,036

22,936

23,607

25,173

25,700

24,757

26,360

27,124

24,062

20,724

17,161

20,570

21,493

15,701

17,628

18,621

24,698

20,167

Trade accounts receivable, net

31,514

33,302

36,893

44,013

48,207

47,890

45,887

45,422

39,752

29,214

27,514

31,392

26,915

22,727

25,758

25,363

32,644

33,632

31,290

43,883

35,729

40,727

39,120

40,219

33,489

34,907

37,471

46,331

44,204

38,465

47,115

63,438

67,675

56,933

60,216

61,007

Inventories

127,615

134,658

127,305

125,893

128,168

130,234

123,439

84,001

80,041

74,037

70,037

66,193

66,856

64,529

67,128

66,569

69,495

73,216

77,047

80,241

90,039

90,777

97,452

97,579

105,049

102,590

103,106

102,774

113,009

118,298

112,811

103,178

117,749

114,981

104,976

99,139

Prepaid expenses

6,681

5,522

9,821

11,681

7,591

7,314

7,287

8,423

7,738

7,683

8,018

8,295

7,987

7,182

7,796

7,353

-

-

-

7,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

8,128

7,544

8,001

8,420

8,591

8,320

9,228

6,252

9,461

7,979

7,537

7,187

8,123

7,272

6,920

7,477

12,257

11,751

13,261

10,412

13,926

12,357

11,988

12,763

13,055

11,183

11,807

13,363

10,949

11,200

11,050

11,099

9,523

9,632

8,536

11,509

Total current assets

182,372

195,862

198,525

202,369

208,314

212,300

202,398

159,269

152,107

134,679

128,567

129,434

124,821

114,701

123,679

125,035

133,194

142,961

148,410

169,830

168,014

173,739

178,937

180,097

183,174

181,087

181,812

188,472

190,120

193,088

196,339

197,161

218,517

205,431

203,523

195,168

Property, plant and equipment, net

72,863

73,768

71,249

71,258

67,422

70,309

68,302

55,467

48,031

47,820

48,344

48,212

47,679

48,590

50,416

51,665

53,178

53,970

55,366

56,427

55,791

57,745

58,980

60,267

60,986

61,100

61,106

62,315

64,299

65,737

65,315

66,356

67,161

65,651

66,940

65,791

Goodwill, net

-

25,561

25,072

25,954

26,672

27,829

27,265

2,692

2,843

2,759

2,757

2,585

2,442

4,999

5,139

5,120

12,678

12,560

12,779

12,789

12,818

13,093

13,314

13,463

13,526

13,438

13,319

13,232

13,312

13,267

13,135

13,116

17,332

17,204

18,063

17,871

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,294

9,699

12,931

4,878

1,340

1,384

1,434

2,556

6,322

6,782

5,111

7,614

12,753

13,109

12,377

14,335

9,159

14,815

13,642

16,480

Intangible assets, net

19,925

22,625

23,267

25,353

23,114

22,362

24,786

1,906

2,041

2,032

2,070

2,009

1,963

2,006

2,136

2,164

2,119

2,042

2,169

2,186

2,264

2,491

2,659

2,797

2,947

3,028

3,079

3,149

4,643

4,794

4,840

4,996

5,514

5,624

6,336

6,439

Deferred income taxes

22,848

-

-

18,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

21,459

19,508

-

15,313

13,907

13,838

18,056

18,997

21,462

28,822

24,198

28,446

28,003

27,192

25,870

5,398

3,731

3,776

4,863

4,713

4,705

4,677

4,779

5,221

5,283

5,366

5,280

4,797

4,555

3,870

3,745

5,942

5,264

5,097

3,346

Other assets

3,152

4,006

3,840

3,758

3,989

4,123

4,168

3,850

4,580

4,434

4,443

4,460

4,385

4,123

4,194

4,068

3,947

4,453

4,137

3,752

6,149

6,587

8,227

7,805

8,891

9,094

8,729

10,676

10,002

9,581

8,093

7,868

7,678

7,683

7,926

7,371

Total assets

301,160

343,281

341,461

346,870

344,824

350,830

340,757

241,240

228,599

213,186

215,003

210,898

209,736

202,422

212,756

213,922

218,410

225,685

235,792

249,862

246,376

255,039

263,551

266,985

275,846

274,529

273,156

285,458

295,129

299,576

300,099

303,832

325,361

316,408

316,430

309,120

Current liabilities:
Current maturities of long-term debt

2,000

2,000

2,000

2,000

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings and current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,571

17,336

3,571

3,571

3,571

3,575

3,575

3,604

3,625

3,643

3,664

3,681

3,693

3,697

3,656

3,744

3,789

3,843

3,867

3,915

Accounts payable

27,909

26,259

25,278

31,468

27,825

35,123

31,735

29,368

26,244

23,404

19,486

21,301

19,747

13,865

15,215

14,716

15,144

17,501

18,418

20,729

24,859

21,226

20,781

22,111

19,665

19,890

17,344

20,651

21,165

24,367

25,923

23,550

30,986

35,973

34,997

38,372

Accrued liabilities

42,160

47,730

44,954

41,646

39,512

42,266

46,327

32,976

26,624

23,335

21,749

23,222

20,785

20,353

20,571

21,415

22,216

22,524

28,946

32,754

29,152

30,788

29,730

31,265

32,496

34,188

33,342

39,171

32,462

32,736

29,845

39,331

38,637

38,056

38,301

41,673

Total current liabilities

72,069

75,989

72,232

75,114

69,337

77,389

78,062

62,344

52,868

46,739

41,235

44,523

40,532

34,218

35,786

36,131

40,931

57,361

50,935

57,054

57,582

55,589

54,086

56,980

55,786

57,721

54,350

63,503

57,320

60,800

59,424

66,625

73,412

77,872

77,165

83,960

Long-term debt

40,874

50,512

47,554

40,491

47,280

46,686

37,446

4,824

7,604

4,684

8,244

6,323

8,977

7,782

9,694

8,501

8,227

23

10,696

10,231

8,829

13,172

19,998

14,800

21,422

17,422

21,171

23,472

31,009

30,297

35,338

28,401

41,319

37,896

36,940

25,784

Lease obligations

13,340

13,850

14,054

12,646

13,325

16,467

17,070

6,527

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued retirement benefits

22,502

24,607

25,141

25,878

19,172

19,552

19,985

21,068

29,944

30,463

32,727

33,706

47,393

47,888

48,469

48,705

35,459

36,187

37,157

38,362

28,764

31,724

32,734

37,006

45,803

46,865

46,987

48,290

59,717

60,223

60,315

64,009

45,261

46,527

47,981

50,063

Deferred income taxes

5,780

-

-

7,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

6,744

6,894

-

6,971

7,053

7,969

1,203

988

976

1,029

1,011

765

784

809

827

873

919

1,052

1,093

1,324

1,453

1,408

1,778

2,589

2,666

2,723

2,925

3,767

3,816

3,235

3,340

3,660

3,682

4,170

4,170

Other long-term liabilities

2,560

2,094

2,223

2,494

2,097

1,839

1,765

1,658

1,585

1,675

1,687

1,768

1,903

2,029

2,302

2,705

1,917

2,210

2,222

2,955

3,050

2,961

4,247

4,110

3,881

3,923

3,542

3,706

3,485

3,291

2,200

4,948

4,478

4,845

4,363

7,089

Total liabilities

157,125

173,796

168,098

164,052

158,182

168,986

162,297

97,624

92,989

84,537

84,922

87,331

99,570

92,701

97,060

96,869

87,407

96,700

102,062

109,695

99,549

104,899

112,473

114,674

129,481

128,597

128,773

141,896

155,298

158,427

160,512

167,323

168,130

170,822

170,619

171,066

Commitments and contingencies (Note D)

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

Twin Disc shareholders' equity:
Preferred shares authorized: 200,000; issued: none; no par value

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

0

-

-

-

0

Common shares authorized: 30,000,000; issued: 14,632,802; no par value

42,286

42,305

43,182

45,047

44,755

44,137

44,044

11,570

10,902

10,086

9,878

10,429

10,040

9,609

10,476

11,761

11,530

11,191

11,517

12,259

11,969

11,697

11,708

11,973

11,676

11,368

11,159

13,183

12,401

11,901

11,929

12,759

12,181

11,604

11,079

10,863

Retained earnings

158,415

183,645

190,161

196,472

197,293

192,734

188,661

178,896

172,954

168,646

172,760

169,368

168,206

170,054

172,966

175,662

181,180

182,142

185,465

190,807

191,384

189,455

186,723

183,695

182,385

183,874

184,372

184,110

185,074

186,842

185,308

184,306

184,831

176,467

171,524

162,857

Accumulated other comprehensive loss

-38,476

-38,230

-40,571

-37,971

-32,462

-32,055

-30,760

-23,792

-25,102

-27,427

-29,650

-32,671

-44,478

-46,302

-42,844

-44,143

-35,445

-38,055

-36,529

-35,481

-29,074

-23,778

-19,792

-15,943

-20,256

-21,882

-23,523

-25,899

-30,244

-30,143

-32,903

-34,797

-16,430

-19,088

-13,200

-11,383

Equity before treasury stock

162,225

187,720

192,772

203,548

209,586

204,816

201,945

166,674

158,754

151,305

152,988

147,126

133,768

133,361

140,598

143,280

157,265

155,278

160,453

167,585

174,279

177,374

178,639

179,725

173,805

173,360

172,008

171,394

167,231

168,600

164,334

162,268

-

-

-

162,337

Subtotal (Element to be removed from future filings)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

180,582

168,983

169,403

-

Less treasury stock, at cost (1,226,809 and 1,392,524 shares, respectively)

18,796

18,796

19,920

21,332

23,500

23,485

24,005

23,677

23,713

23,199

23,388

24,205

24,205

24,205

25,437

26,790

26,790

26,790

27,200

28,057

28,047

27,782

28,097

28,141

28,095

28,095

28,238

28,890

28,423

28,423

25,638

26,781

24,356

24,356

24,499

25,252

Total Twin Disc shareholders' equity

143,429

168,924

172,852

182,216

186,086

181,331

177,940

142,997

135,041

128,106

129,600

122,921

109,563

109,156

115,161

116,490

130,475

128,488

133,253

139,528

146,232

149,592

150,542

151,584

145,710

145,265

143,770

142,504

138,808

140,177

138,696

135,487

156,226

144,627

144,904

137,085

Noncontrolling interest

606

561

511

602

556

513

520

619

569

543

481

646

603

565

535

563

528

497

477

639

595

548

536

727

655

667

613

1,058

1,023

972

891

1,022

1,005

959

907

969

Total equity

144,035

169,485

173,363

182,818

186,642

181,844

178,460

143,616

135,610

128,649

130,081

123,567

110,166

109,721

115,696

117,053

131,003

128,985

133,730

140,167

146,827

150,140

151,078

152,311

146,365

145,932

144,383

143,562

139,831

141,149

139,587

136,509

157,231

145,586

145,811

138,054

Total liabilities and equity

301,160

343,281

341,461

346,870

344,824

350,830

340,757

241,240

228,599

213,186

215,003

210,898

209,736

202,422

212,756

213,922

218,410

225,685

235,792

249,862

246,376

255,039

263,551

266,985

275,846

274,529

273,156

285,458

295,129

299,576

300,099

303,832

325,361

316,408

316,430

309,120