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Shareholders' Equity (Tables)
6 Months Ended
Dec. 29, 2013
Summary of Activity Impacting Shareholders' Equity

A summary of activity impacting shareholders’ equity for the six month period ended December 29, 2013 was as follows (in thousands):

 

 

 

Total
Shareholders’
Equity

 

 

Equity
Attributable to
STRATTEC

 

 

Equity Attributable
to Non-Controlling
Interest

 

Balance, June 30, 2013

 

$

111,880

 

 

$

104,218

 

 

$

7,662

 

Net Income

 

 

8,535

 

 

 

7,084

 

 

 

1,451

 

Dividend Declared

 

 

(762

)

 

 

(762

)

 

 

-

 

Dividend Declared – Non-controlling Interests of Subsidiaries

 

 

(984

)

 

 

-

 

 

 

(984

)

Translation adjustments

 

 

(139

)

 

 

(128

)

 

 

(11

)

Stock Based Compensation

 

 

630

 

 

 

630

 

 

 

-

 

Tax Benefit – Dividend Paid on Restricted Shares

 

 

5

 

 

 

5

 

 

 

-

 

Pension and Postretirement Adjustment, Net of tax

 

 

869

 

 

 

869

 

 

 

-

 

Employee Stock Purchases and Stock Option Exercises

 

 

789

 

 

 

789

 

 

 

-

 

Balance, December 29, 2013

 

$

120,823

 

 

$

112,705

 

 

$

8,118