Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2023	Jul. 02, 2023
Current Assets:
Cash and cash equivalents	$ 11,575	$ 20,571
Receivables, net	70,802	89,811
Inventories:
Finished products	18,688	17,196
Work in process	19,374	17,492
Purchased materials	58,182	50,024
Excess and obsolete reserve	(6,805)	(7,115)
Inventories, net	89,439	77,597
Customer tooling in progress, net	24,951	20,800
Value added tax recoverable	17,906	7,912
Other current assets	7,624	9,091
Total current assets	222,297	225,782
Deferred income taxes	13,625	13,619
Other long-term assets	5,692	7,083
Property, plant and equipment	304,239	300,176
Less: accumulated depreciation	(214,102)	(205,730)
Net property, plant and equipment	90,137	94,446
Total assets	331,751	340,930
Current Liabilities:
Accounts payable	41,308	57,927
Accrued Liabilities:
Payroll and benefits	23,110	22,616
Value added tax payable	7,122	6,499
Environmental	1,390	1,390
Warranty	9,083	9,725
Other	11,323	10,829
Total accrued liabilities	52,028	51,059
Borrowings under credit facilities - current	13,000
Total current liabilities	106,336	108,986
Borrowings under credit facilities - long term		13,000
Accrued pension obligations	1,286	1,206
Accrued postretirement obligations	1,154	1,157
Other long-term liabilities	5,334	5,557
Shareholders’ Equity:
Common stock	76	75
Capital in excess of par value	101,207	100,309
Retained earnings	239,486	234,299
Accumulated other comprehensive loss	(13,878)	(14,194)
Treasury stock, at cost	(135,501)	(135,526)
Total STRATTEC SECURITY CORPORATION shareholders’ equity	191,390	184,963
Non-controlling interest	26,251	26,061
Total shareholders’ equity	217,641	211,024
Total liabilities and shareholders' equity	$ 331,751	$ 340,930