XML 49 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Earnings of Joint Ventures (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2017
Jan. 01, 2017
Dec. 31, 2017
Jan. 01, 2017
Summarized statements of operations        
Equity Earnings (Loss) of Joint Ventures $ 1,473 $ 229 $ 2,499 $ 291
VAST LLC        
Summarized statements of operations        
Net Sales 45,333 34,007 83,843 59,016
Cost of Goods Sold 35,263 27,124 64,276 47,217
Gross (Loss) Profit 10,070 6,883 19,567 11,799
Engineering, Selling and Administrative Expense 6,325 5,212 12,346 9,227
Income (Loss) From Operations 3,745 1,671 7,221 2,572
Other Income (Expense), net 636 730 786 1,171
Income before Provision for Income Taxes 4,381 2,401 8,007 3,743
Provision for Income Taxes 162 405 684 577
Net Income (Loss) 4,219 1,996 7,323 3,166
STRATTEC’s Share of VAST LLC Net Income 1,406 665 2,441 1,055
Intercompany Profit Elimination (2) (23) (2) (23)
Equity Earnings (Loss) of Joint Ventures 1,404 642 2,439 1,032
SAL LLC        
Summarized statements of operations        
Net Sales 122 96 230 196
Cost of Goods Sold 259 97 411 184
Gross (Loss) Profit (137) (1) (181) 12
Engineering, Selling and Administrative Expense (15) 369 (25) 706
Income (Loss) From Operations (122) (370) (156) (694)
Other Income (Expense), net (64) (35) (129) (47)
Net Income (Loss) (186) (405) (285) (741)
Equity Earnings (Loss) of Joint Ventures $ 69 $ (413) $ 60 $ (741)