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Shareholders' Equity
3 Months Ended
Sep. 28, 2014
Equity [Abstract]  
Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the three month period ended September 28, 2014 was as follows (in thousands):

 

 

Total
Shareholders’
Equity

 

 

Equity
Attributable to
STRATTEC

 

 

Equity Attributable to 
Non-Controlling
Interest

 

Balance, June 29, 2014

$

134,903

 

 

$

125,506

 

 

$

9,397

 

Net Income

 

10,340

 

 

 

9,300

 

 

 

1,040

 

Dividend Declared

 

(427

)

 

 

(427

)

 

 

-

 

Dividend Declared – Non-controlling Interests of Subsidiaries

 

(882

)

 

 

-

 

 

 

(882

)

Translation adjustments

 

(852

)

 

 

(788

)

 

 

(64

)

Stock Based Compensation

 

389

 

 

 

389

 

 

 

-

 

Tax Benefit – Dividend Paid on Restricted Shares

 

2

 

 

 

2

 

 

 

-

 

Pension and Postretirement Adjustment, Net of tax

 

428

 

 

 

428

 

 

 

-

 

Employee Stock Purchases and Stock Option Exercises

 

440

 

 

 

440

 

 

 

-

 

Balance, September 28, 2014

$

144,341

 

 

$

134,850

 

 

$

9,491