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Shareholders' Equity
9 Months Ended
Apr. 01, 2018
Equity [Abstract]  
Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the nine month period ended April 1, 2018 was as follows (in thousands):

 

 

Total

Shareholders’

Equity

 

 

Equity

Attributable

to STRATTEC

 

 

Equity

Attributable

to Non-

Controlling

Interest

 

Balance, July 2, 2017

 

$

172,714

 

 

$

151,088

 

 

$

21,626

 

Net Income

 

 

11,036

 

 

 

8,307

 

 

 

2,729

 

Dividend Declared

 

 

(1,525

)

 

 

(1,525

)

 

 

 

Dividend Declared – Non-controlling Interests of

   Subsidiaries

 

 

(2,217

)

 

 

 

 

 

(2,217

)

Translation adjustments

 

 

1,193

 

 

 

1,213

 

 

 

(20

)

Stock Based Compensation

 

 

871

 

 

 

871

 

 

 

 

Pension and Postretirement Adjustment, Net of

   Tax

 

 

893

 

 

 

893

 

 

 

 

Employee Stock Purchases and Stock Option

   Exercises

 

 

217

 

 

 

217

 

 

 

 

Balance, April 1, 2018

 

$

183,182

 

 

$

161,064

 

 

$

22,118