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Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2017
Jan. 01, 2017
Dec. 31, 2017
Jan. 01, 2017
Income Statement [Abstract]        
Net sales $ 103,182 $ 98,945 $ 205,642 $ 199,189
Cost of goods sold 90,536 85,251 179,533 170,692
Gross profit 12,646 13,694 26,109 28,497
Engineering, selling and administrative expenses 10,152 11,243 20,194 22,526
Income from operations 2,494 2,451 5,915 5,971
Interest income 3 39 7 80
Equity earnings of joint ventures 1,473 229 2,499 291
Interest expense (253) (98) (456) (176)
Other income, net 109 426 196 184
Income before provision for income taxes and non-controlling interest 3,826 3,047 8,161 6,350
(Benefit) Provision for income taxes (9) 1,410 1,057 2,308
Net income 3,835 1,637 7,104 4,042
Net income attributable to non-controlling Interest 953 1,239 1,766 2,102
Net income attributable to STRATTEC SECURITY CORPORATION 2,882 398 5,338 1,940
Comprehensive Income (Loss):        
Net income 3,835 1,637 7,104 4,042
Pension and postretirement plans, net of tax 277 474 555 949
Currency translation adjustments (2,591) (3,408) (2,294) (5,031)
Other comprehensive loss, net of tax (2,314) (2,934) (1,739) (4,082)
Comprehensive income (loss) 1,521 (1,297) 5,365 (40)
Comprehensive income attributable to non- controlling interest 80 346 815 1,099
Comprehensive income (loss) attributable to STRATTEC SECURITY CORPORATION $ 1,441 $ (1,643) $ 4,550 $ (1,139)
Earnings per share attributable to STRATTEC SECURITY CORPORATION:        
Basic $ 0.79 $ 0.11 $ 1.47 $ 0.54
Diluted $ 0.78 $ 0.11 $ 1.44 $ 0.53
Average shares outstanding:        
Basic 3,631 3,589 3,621 3,583
Diluted 3,715 3,667 3,698 3,664
Cash dividends declared per share $ 0.14 $ 0.14 $ 0.28 $ 0.28