Credit Facilities (Tables)

12 Months Ended

Jul. 03, 2022

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings Under the Credit Facilities

Outstanding borrowings under the credit facilities referenced in the above paragraph as of the end of 2022 and 2021 were as follows (thousands of dollars):

	July 3, 2022		June 27, 2021
STRATTEC Credit Facility	$	—	$	—
ADAC-STRATTEC Credit Facility		11,000		12,000
	$	11,000	$	12,000

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each such credit facility during 2022 and 2021 were as follows (thousands of dollars):

	Average Outstanding Borrowings				Weighted Average Interest Rate
	Years Ended				Years Ended
	July 3, 2022		June 27, 2021		July 3, 2022			June 27, 2021
STRATTEC Credit Facility	$	332	$	8,775		2.0	%		1.2	%
ADAC-STRATTEC Credit Facility	$	14,248	$	14,346		1.5	%		1.4	%