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(Loss) Earnings Per Share (Tables) | 12 Months Ended
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Jul. 02, 2023
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 2, 2023 |  |  | July 3, 2022 |
Net (loss) income attributable to STRATTEC |  | $ | (6,670 | ) |  | $ | 7,016 |
Weighted average shares of common stock outstanding |  |  | 3,921 |  |  |  | 3,861 |
Incremental shares – stock based compensation |  |  | — |  |  |  | 49 |
Diluted weighted average shares of common stock outstanding |  |  | 3,921 |  |  |  | 3,910 |
Basic (loss) earnings per share |  | $ | (1.70 | ) |  | $ | 1.82 |
Diluted (loss) earnings per share |  | $ | (1.70 | ) |  | $ | 1.79 |
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 2, 2023 |  |  | 63,061 |
July 3, 2022 |  |  | 36,921 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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