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Shareholders' Equity
6 Months Ended
Dec. 27, 2015
Equity [Abstract]  
Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the six month period ended December 27, 2015 was as follows (in thousands):

 

 

 

Total

Shareholders’

Equity

 

 

Equity

Attributable to

STRATTEC

 

 

Equity

Attributable to Non-

Controlling

Interest

 

Balance, June 28, 2015........................

 

$

152,401

 

 

$

140,312

 

 

$

12,089

 

Net Income................................

 

 

9,045

 

 

 

6,676

 

 

 

2,369

 

Dividend Declared...........................

 

 

(932

)

 

 

(932

)

 

 

 

Dividend Declared – Non-controlling Interests of

   Subsidiaries..............................

 

 

(1,568

)

 

 

 

 

 

(1,568

)

Translation adjustments........................

 

 

(3,355

)

 

 

(3,165

)

 

 

(190

)

Stock Based Compensation......................

 

 

870

 

 

870

 

 

 

 

Tax Benefit – Dividend Paid on Restricted Shares.......

 

 

2

 

 

2

 

 

 

 

Pension and Postretirement Adjustment, Net of tax......

 

 

728

 

 

728

 

 

 

 

Employee Stock Purchases and Stock Option Exercises...

 

 

584

 

 

584

 

 

 

 

Balance, December 27, 2015.....................

 

$

157,775

 

 

$

145,075

 

 

$

12,700