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Earnings Per Share (''EPS'') (Tables)
12 Months Ended
Jul. 02, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Components of Basic and Diluted Per Share

A reconciliation of the components of the basic and diluted per share computations follows (in thousands, except per share amounts):

 

 

 

Years Ended

 

 

 

July 2, 2017

 

 

July 3, 2016

 

 

June 28, 2015

 

Net income attributable to STRATTEC

 

$

7,197

 

 

$

9,149

 

 

$

20,654

 

Less: Income attributable to participating securities

 

 

1

 

 

 

58

 

 

 

258

 

Net income attributable to common shareholders

 

$

7,196

 

 

$

9,091

 

 

$

20,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

3,588

 

 

 

3,559

 

 

 

3,515

 

Incremental shares – stock based compensation

 

 

82

 

 

 

62

 

 

 

89

 

Diluted weighted average shares of common stock

   outstanding

 

 

3,670

 

 

 

3,621

 

 

 

3,604

 

Basic earnings per share

 

$

2.01

 

 

$

2.55

 

 

$

5.80

 

Diluted earnings per share

 

$

1.96

 

 

$

2.51

 

 

$

5.66

 

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Options to purchase shares of common stock that were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive were as follows:

 

Years Ended

 

Number of Options

Excluded

 

July 2, 2017

 

 

9,010

 

July 3, 2016

 

 

9,010

 

June 28, 2015

 

 

10,000