Shareholders Equity

3 Months Ended

Oct. 02, 2011

Shareholders' Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the three month period ended October 2, 2011 is as follows (in thousands):

	Total			Equity			Equity Attributed
	Shareholders’			Attributed to			to Non-Controlling
	Equity			STRATTEC			Interest
Balance, July 3, 2011	$	90,064		$	86,215		$	3,849
Net Income		1,973			1,282			691
Dividend Declared		(335	)		(335	)		—
Translation adjustments		(2,949	)		(2,869	)		(80	)
Stock Based Compensation		174			174			—
Tax Benefit — Dividend Paid on Restricted Shares		2			2			—
Employee Stock Purchases		14			14			—
Balance, October 2, 2011	$	88,943		$	84,483		$	4,460