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Basis of Financial Statements (Tables)
9 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of the prior period corrections and Adjustments

The impact of the prior period corrections on the components of Stockholders’ Equity and the related components of Accumulated Other Comprehensive Loss was as follows (thousands of dollars):

 

 

July 3, 2022

 

 

Previously Reported

 

Adjustment

 

As Reported

 

Retained earnings

$

241,504

 

$

(535

)

$

240,969

 

Accumulated other comprehensive loss

 

(18,657

)

 

69

 

 

(18,588

)

Total STRATTEC SECURITY
     CORPORATION shareholders' equity

 

188,866

 

 

(466

)

 

188,400

 

Total shareholders' equity

$

220,413

 

$

(466

)

$

219,947

 

 

 

 

 

 

 

 

Accumulated other comprehensive loss:

 

 

 

 

 

 

Foreign currency translation adjustments

$

(16,723

)

$

(10

)

$

(16,733

)

Retirement and postretirement benefit
     plans

 

(1,934

)

 

79

 

 

(1,855

)

Accumulated other comprehensive loss

$

(18,657

)

$

69

 

$

(18,588

)