Credit Facilities (Tables)

3 Months Ended

Sep. 26, 2021

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings Under the Credit Facilities

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

	September 26, 2021		June 27, 2021
STRATTEC Credit Facility	$	1,000	$	—
ADAC-STRATTEC Credit Facility		16,000		12,000
	$	17,000	$	12,000

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 26, 2021		September 27, 2020		September 26, 2021			September 27, 2020
STRATTEC Credit Facility	$	330	$	17,231		2.9	%		1.2	%
ADAC-STRATTEC Credit Facility	$	13,319	$	17,000		1.4	%		1.4	%