Credit Facilities (Tables)

9 Months Ended

Mar. 28, 2021

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings Under the Credit Facilities

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

	March 28, 2021		June 28, 2020
STRATTEC Credit Facility	$	4,000	$	18,000
ADAC-STRATTEC Credit Facility		12,000		17,000
	$	16,000	$	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): 

	Nine Months Ended
	Average Outstanding Borrowings				Weighted Average Interest Rate
	March 28, 2021		March 29, 2020		March 28, 2021			March 29, 2020
STRATTEC Credit Facility	$	11,436	$	13,799		1.2	%		2.9	%
ADAC-STRATTEC Credit Facility	$	15,000	$	20,062		1.4	%		3.2	%