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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 01, 2018
Apr. 02, 2017
Apr. 01, 2018
Apr. 02, 2017
Income Statement [Abstract]        
Net sales $ 116,823 $ 109,706 $ 322,465 $ 308,895
Cost of goods sold 101,626 92,105 281,159 262,797
Gross profit 15,197 17,601 41,306 46,098
Engineering, selling and administrative expenses 10,839 11,782 31,033 34,308
Income from operations 4,358 5,819 10,273 11,790
Interest income 1 52 8 132
Equity earnings (loss) of joint ventures 619 (163) 3,118 128
Interest expense (305) (100) (761) (276)
Other income, net 158 1,192 354 1,376
Income before provision for income taxes and non-controlling interest 4,831 6,800 12,992 13,150
Provision for income taxes 899 1,752 1,956 4,060
Net income 3,932 5,048 11,036 9,090
Net income attributable to non-controlling Interest 963 1,566 2,729 3,668
Net income attributable to STRATTEC SECURITY CORPORATION 2,969 3,482 8,307 5,422
Comprehensive Income:        
Net income 3,932 5,048 11,036 9,090
Pension and postretirement plans, net of tax 338 475 893 1,424
Currency translation adjustments 3,487 3,357 1,193 (1,674)
Other comprehensive loss, net of tax 3,825 3,832 2,086 (250)
Comprehensive income 7,757 8,880 13,122 8,840
Comprehensive income attributable to non- controlling interest 1,894 2,638 2,709 3,737
Comprehensive income attributable to STRATTEC SECURITY CORPORATION $ 5,863 $ 6,242 $ 10,413 $ 5,103
Earnings per share attributable to STRATTEC SECURITY CORPORATION:        
Basic $ 0.82 $ 0.97 $ 2.29 $ 1.51
Diluted $ 0.80 $ 0.95 $ 2.24 $ 1.48
Average shares outstanding:        
Basic 3,634 3,592 3,625 3,586
Diluted 3,708 3,671 3,702 3,666
Cash dividends declared per share $ 0.14 $ 0.14 $ 0.42 $ 0.42