Revenue from Contracts with Customers

9 Months Ended

Mar. 27, 2022

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 March 27, 2022 or June 27, 2021.

Revenue by Product Group and Customer:  

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

	Three Months Ended				Nine Months Ended
	March 27, 2022		March 28, 2021		March 27, 2022		March 28, 2021
Door Handles & Exterior Trim	$	29,313	$	29,790	$	81,211	$	98,694
Keys & Locksets		28,230		28,616		77,725		91,488
Power Access		23,675		26,209		68,344		72,039
Latches		12,760		13,125		34,782		41,303
Aftermarket & OE Service		11,421		10,969		34,731		34,077
Driver Controls		8,525		10,822		25,317		31,144
Other		2,019		2,113		7,082		6,493
	$	115,943	$	121,644	$	329,192	$	375,238

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

	Three Months Ended				Nine Months Ended
	March 27, 2022		March 28, 2021		March 27, 2022		March 28, 2021
General Motors Company	$	34,738	$	34,543	$	91,551	$	111,322
Stellantis (Formerly Fiat Chrysler     Automobiles)		23,047		21,685		62,657		69,919
Ford Motor Company		19,162		21,722		57,927		54,356
Commercial and Other OEM     Customers		16,518		17,241		50,120		58,272
Tier 1 Customers		15,279		17,289		42,861		53,444
Hyundai / Kia		7,199		9,164		24,076		27,925
	$	115,943	$	121,644	$	329,192	$	375,238