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Credit Facilities and Guarantees (Tables)
3 Months Ended
Sep. 28, 2014
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings Under the Credit Facilities

Outstanding borrowings under the credit facilities were as follows (thousands of dollars):

 

 

September 28,
2014

 

 

June 29,
2014

 

STRATTEC Credit Facility

$

-

 

 

$

-

 

ADAC-STRATTEC Credit Facility

$

4,000

 

 

$

2,500

 

 

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each credit facility were as follows for each period presented (thousands of dollars):

 

 

Three Months Ended

 

 

Average Outstanding Borrowings

 

 

Weighted Average Interest Rate

 

 

September 28, 2014

 

 

September 29, 2013

 

 

September 28, 2014

 

 

September 29, 2013

 

STRATTEC Credit Facility

$

-

 

 

$

-

 

 

 

-

%

 

 

-

%

ADAC-STRATTEC Credit Facility

$

3,481

 

 

$

2,769

 

 

 

1.2

%

 

 

1.9 

%