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Revenue from Contracts with Customers
3 Months Ended
Sep. 26, 2021
Revenue From Contract With Customer [Abstract]  
Revenue from Contracts with Customers

Revenue from Contracts with Customers

We generate revenue from the production of parts sold to automotive and light-truck Original Equipment Manufacturers (“OEMs”), or Tier 1 suppliers at the direction of the OEM, under long-term supply agreements supporting new vehicle production. Such agreements also require related production of service parts subsequent to the initial vehicle production periods. Additionally, we generate revenue from the production of parts sold in aftermarket service channels and to non-automotive commercial customers.

Contract Balances:

We have no material contract assets or contract liabilities as of September 26, 2021 or September 27, 2020.

 

Revenue by Product Group and Customer:  

Revenue by product group for the periods presented was as follows (thousands of dollars):

 

 

 

Three Months Ended

 

 

 

 

September 26,

2021

 

 

September 27,

2020

 

 

Door Handles & Exterior Trim

 

$

23,540

 

 

$

34,091

 

 

Keys & Locksets

 

 

22,841

 

 

 

32,736

 

 

Power Access

 

 

21,140

 

 

 

20,620

 

 

Latches

 

 

10,107

 

 

 

13,835

 

 

Aftermarket & OE Service

 

 

11,896

 

 

 

13,137

 

 

Driver Controls

 

 

8,017

 

 

 

9,787

 

 

Other

 

 

2,800

 

 

 

2,028

 

 

 

 

$

100,341

 

 

$

126,234

 

 

 

Revenue by customer or customer group for the periods presented was as follows (thousands of dollars):

 

 

 

Three Months Ended

 

 

 

 

September 26,

2021

 

 

September 27,

2020

 

 

General Motors Company

 

$

25,684

 

 

$

37,756

 

 

Ford Motor Company

 

 

17,695

 

 

 

15,846

 

 

Commercial and Other OEM

    Customers

 

 

17,412

 

 

 

21,434

 

 

Stellantis (Formerly Fiat Chrysler

    Automobiles)

 

 

16,560

 

 

 

25,083

 

 

Tier 1 Customers

 

 

11,975

 

 

 

17,495

 

 

Hyundai / Kia

 

 

11,015

 

 

 

8,620

 

 

 

 

$

100,341

 

 

$

126,234