Credit Facilities (Tables)

3 Months Ended

Sep. 27, 2020

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings Under the Credit Facilities

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

	September 27, 2020		June 28, 2020
STRATTEC Credit Facility	$	13,000	$	18,000
ADAC-STRATTEC Credit Facility		17,000		17,000
	$	30,000	$	35,000

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
	September 27, 2020		September 29, 2019		September 27, 2020			September 29, 2019
STRATTEC Credit Facility	$	17,231	$	16,033		1.2	%		3.3	%
ADAC-STRATTEC Credit Facility	$	17,000	$	23,473		1.4	%		3.5	%