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Shareholders' Equity
 6 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the six month period ended December 31, 2017 was as follows (in thousands):

 

 

Total

Shareholders’

Equity

 

 

Equity

Attributable

to STRATTEC

 

 

Equity

Attributable

to Non-

Controlling

Interest

 

Balance, July 2, 2017

 

$

172,714

 

 

$

151,088

 

 

$

21,626

 

Net Income

 

 

7,104

 

 

 

5,338

 

 

 

1,766

 

Dividend Declared

 

 

(1,017

)

 

 

(1,017

)

 

 

—

 

Dividend Declared – Non-controlling Interests of

   Subsidiaries

 

 

(2,017

)

 

 

—

 

 

 

(2,017

)

Translation adjustments

 

 

(2,294

)

 

 

(1,343

)

 

 

(951

)

Stock Based Compensation

 

 

621

 

 

 

621

 

 

 

—

 

Pension and Postretirement Adjustment, Net of

   Tax

 

 

555

 

 

 

555

 

 

 

—

 

Employee Stock Purchases and Stock Option

   Exercises

 

 

190

 

 

 

190

 

 

 

—

 

Balance, December 31, 2017

 

$

175,856

 

 

$

155,432

 

 

$

20,424