Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Jul. 02, 2023
Current Assets:
Cash and cash equivalents	$ 9,594	$ 20,571
Receivables, net	97,524	89,811
Inventories:
Finished products	13,024	15,935
Work in process	14,721	15,816
Purchased materials	50,867	45,846
Inventories, net	78,612	77,597
Customer tooling in progress, net	25,505	20,800
Value added tax recoverable	19,272	7,912
Other current assets	10,423	9,091
Total current assets	240,930	225,782
Deferred income taxes	13,713	13,619
Other long-term assets	5,596	7,083
Property, plant and equipment	306,371	300,176
Less: accumulated depreciation	(218,061)	(205,730)
Net property, plant and equipment	88,310	94,446
Total assets	348,549	340,930
Current Liabilities:
Accounts payable	50,582	57,927
Accrued Liabilities:
Payroll and benefits	27,268	22,616
Value added tax payable	8,906	6,499
Environmental	1,390	1,390
Warranty	8,905	9,725
Other	10,721	10,829
Total accrued liabilities	57,190	51,059
Borrowings under credit facilities - current	13,000
Total current liabilities	120,772	108,986
Borrowings under credit facilities - long term		13,000
Accrued pension obligations	1,326	1,206
Accrued postretirement obligations	1,137	1,157
Other long-term liabilities	5,200	5,557
Shareholders’ Equity:
Common stock	76	75
Capital in excess of par value	101,453	100,309
Retained earnings	240,992	234,299
Accumulated other comprehensive loss	(13,205)	(14,194)
Treasury stock, at cost	(135,489)	(135,526)
Total STRATTEC SECURITY CORPORATION shareholders’ equity	193,827	184,963
Non-controlling interest	26,287	26,061
Total shareholders’ equity	220,114	211,024
Total liabilities and shareholders' equity	$ 348,549	$ 340,930