Credit Facilities (Tables)

12 Months Ended

Jun. 27, 2021

Schedule of Outstanding Borrowings Under the Credit Facilities

Outstanding borrowings under the credit facilities referenced in the above paragraph as of the end of 2021 and 2020 were as follows (thousands of dollars):

	June 27, 2021		June 28, 2020
STRATTEC Credit Facility	$	—	$	18,000
ADAC-STRATTEC Credit Facility		12,000		17,000
	$	12,000	$	35,000

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each such credit facility during 2021 and 2020 were as follows (thousands of dollars):

	Average Outstanding Borrowings				Weighted Average Interest Rate
	Years Ended				Years Ended
	June 27, 2021		June 28, 2020		June 27, 2021			June 28, 2020
STRATTEC Credit Facility	$	8,775	$	13,827		1.2	%		2.6	%
ADAC-STRATTEC Credit Facility	$	14,346	$	19,121		1.4	%		2.9	%