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Earnings Per Share (Tables)
 12 Months Ended
Jul. 03, 2022
Earnings Per Share [Abstract]  
Reconciliation of the Components of Basic and Diluted Per Share A reconciliation of the components of the basic and diluted per share computations follows (in thousands, except per share amounts):

 

 

 

Years Ended

 

 

 

July 3, 2022

 

 

June 27, 2021

 

Net income attributable to STRATTEC

 

$

7,032

 

 

$

22,532

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

3,861

 

 

 

3,788

 

Incremental shares – stock based compensation

 

 

49

 

 

 

64

 

Diluted weighted average shares of common stock

   outstanding

 

 

3,910

 

 

 

3,852

 

Basic earnings per share

 

$

1.82

 

 

$

5.95

 

Diluted earnings per share

 

$

1.80

 

 

$

5.85

 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive common shares that were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive were as follows:

 

Years Ended

 

Number of Options

Excluded

 

July 3, 2022

 

 

36,921

 

June 27, 2021

 

 

9,010