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Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Dec. 31, 2023
Jan. 01, 2023
Income Statement [Abstract]        
Net sales $ 118,532 $ 113,184 $ 253,938 $ 233,544
Cost of goods sold 105,035 105,797 221,721 213,661
Gross profit 13,497 7,387 32,217 19,883
Engineering, selling and administrative expenses 13,439 12,081 26,053 24,781
Income (loss) from operations 58 (4,694) 6,164 (4,898)
Equity (loss) earnings of joint ventures (4) 588 (269) 1,115
Interest expense (219) (196) (439) (325)
Interest income 107 0 194 0
Other income (expense), net 1,102 52 1,236 (241)
Income (loss) before provision for income taxes and non-controlling interest 1,044 (4,250) 6,886 (4,349)
Provision (benefit) for income taxes 264 (1,735) 1,651 (1,771)
Net income (loss) 780 (2,515) 5,235 (2,578)
Net (loss) income attributable to non-controlling interest (242) (676) 48 (864)
Net income (loss) attributable to STRATTEC SECURITY CORPORATION 1,022 (1,839) 5,187 (1,714)
Comprehensive income (loss):        
Net income (loss) 780 (2,515) 5,235 (2,578)
Pension and postretirement plans, net of tax 47 70 93 140
Currency translation adjustments 1,014 429 365 (253)
Other comprehensive income (loss), net of tax 1,061 499 458 (113)
Comprehensive income (loss) 1,841 (2,016) 5,693 (2,691)
Comprehensive income (loss) attributable to non-controlling interest 170 (207) 190 (339)
Comprehensive income (loss) attributable to STRATTEC SECURITY CORPORATION $ 1,671 $ (1,809) $ 5,503 $ (2,352)
Earnings (loss) per share attributable to STRATTEC SECURITY CORPORATION:        
Basic earnings (loss) per share attributable to STRATTEC SECURITY CORPORATION $ 0.26 $ (0.47) $ 1.31 $ (0.44)
Diluted earnings (loss) per share attributable to STRATTEC SECURITY CORPORATION $ 0.26 $ (0.47) $ 1.30 $ (0.44)
Weighted Average shares outstanding:        
Basic weighted average shares outstanding 3,976 3,927 3,962 3,913
Diluted weighted average outstanding shares 3,998 3,927 3,986 3,913