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Credit Facilities and Guarantees (Tables)
3 Months Ended
Oct. 02, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings Under the Credit Facilities

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

 

 

 

October 2,

2016

 

 

July 3,

2016

 

STRATTEC Credit Facility

 

$

16,000

 

 

$

11,500

 

ADAC-STRATTEC Credit Facility

 

$

8,000

 

 

$

8,500

 

 

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

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

 

 

 

Three Months Ended

 

 

 

Average Outstanding Borrowings

 

 

Weighted Average Interest Rate

 

 

 

October 2,

2016

 

 

September 27,

2015

 

 

October 2,

2016

 

 

September 27,

2015

 

STRATTEC Credit Facility

 

$

12,159

 

 

$

3,747

 

 

 

1.5

%

 

 

1.2

%

ADAC-STRATTEC Credit Facility

 

$

8,473

 

 

$

3,137

 

 

 

1.5

%

 

 

1.2

%