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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jun. 28, 2015
Income Statement [Abstract]      
NET SALES $ 417,325 $ 401,419 $ 411,475
Cost of goods sold 357,163 336,594 338,815
GROSS PROFIT 60,162 64,825 72,660
Engineering, selling, and administrative expenses 46,460 43,917 41,534
INCOME FROM OPERATIONS 13,702 20,908 31,126
Interest income 136 25 185
Equity earnings (loss) of joint ventures 666 (2,235) (788)
Interest expense (417) (176) (71)
Other income, net 2,307 668 3,481
INCOME BEFORE PROVISION FOR INCOME TAXES AND NON- CONTROLLING INTEREST 16,394 19,190 33,933
Provision for income taxes 4,284 5,068 9,382
NET INCOME 12,110 14,122 24,551
Net income attributable to non-controlling interest 4,913 4,973 3,897
NET INCOME ATTRIBUTABLE TO STRATTEC SECURITY CORPORATION 7,197 9,149 20,654
COMPREHENSIVE INCOME:      
NET INCOME 12,110 14,122 24,551
Currency translation adjustments, net of tax (426) (5,248) (5,133)
Pension and postretirement plan funded status adjustment, net of tax 5,768 (5,880) (1,851)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 5,342 (11,128) (6,984)
COMPREHENSIVE INCOME 17,452 2,994 17,567
Comprehensive income attributable to non-controlling interest 5,470 4,659 3,574
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO STRATTEC SECURITY CORPORATION $ 11,982 $ (1,665) $ 13,993
EARNINGS PER SHARE ATTRIBUTABLE TO STRATTEC SECURITY CORPORATION:      
Basic $ 2.01 $ 2.55 $ 5.80
Diluted $ 1.96 $ 2.51 $ 5.66
AVERAGE SHARES OUTSTANDING:      
Basic 3,588 3,559 3,515
Diluted 3,670 3,621 3,604