XML 61 R50.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Facilities (Details Textual)
3 Months Ended
Sep. 27, 2020
USD ($)
STRATTEC Credit Facility  
Line Of Credit Facility [Line Items]  
Secured revolving credit facility $ 40,000,000
Credit facility maturity date Aug. 01, 2022
Interest rate on borrowings under the credit facility the London Interbank Offering Rate (“LIBOR”) plus 1.0 percent or the bank’s prime rate.
Interest rate - percentage points added to LIBOR - on borrowings under credit facility 1.00%
ADAC-STRATTEC Credit Facility  
Line Of Credit Facility [Line Items]  
Secured revolving credit facility $ 25,000,000
Credit facility maturity date Aug. 01, 2022
Interest rate on borrowings under the credit facility LIBOR plus 1.25 percent or the bank’s prime rate.
Interest rate - percentage points added to LIBOR - on borrowings under credit facility 1.25%