Shareholders' Equity

9 Months Ended

Apr. 01, 2012

Shareholders' Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the nine month period ended April 1, 2012 is as follows (in thousands):

	Total Shareholders’ Equity			Equity Attributed to STRATTEC			Equity Attributed to Non-Controlling Interest
Balance, July 3, 2011	$	90,064		$	86,215		$	3,849
Net Income		7,991			5,558			2,433
Dividend Declared		(1,006	)		(1,006	)		—
Translation adjustments		(1,274	)		(1,232	)		(42	)
Stock Based Compensation		622			622			—
Tax Benefit – Dividend Paid on Restricted Shares		5			5			—
Employee Stock Purchases and Stock Option Exercises		73			73			—
Balance, April 1, 2012	$	96,475		$	90,235		$	6,240