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Equity (Loss) Earnings of Joint Ventures - Summarized Statements of Operations (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2024 | Jul. 02, 2023
Summarized statements of operations |  |
Net sales | $ 537,766 | $ 492,946
Cost of goods sold | 472,298 | 450,794
Gross Profit | 65,468 | 42,152
Engineering, selling and administrative expense | 47,654 | 48,241
INCOME (LOSS) FROM OPERATIONS | 17,814 | (6,089)
Other income, net | 3,048 | (2,178)
INCOME (LOSS) BEFORE BENEFIT FOR INCOME TAXES AND NON-CONTROLLING INTEREST | 20,203 | (7,668)
Provision for income taxes | 3,775 | 1,281
NET INCOME (LOSS) | 16,428 | (8,949)
VAST LLC | Equity Method Investment Summarized Financial Information |  |
Summarized statements of operations |  |
Net sales |  | 207,362
Cost of goods sold |  | 171,851
Gross Profit |  | 35,511
Engineering, selling and administrative expense |  | 31,302
INCOME (LOSS) FROM OPERATIONS |  | 4,209
Other income, net |  | 2,304
Loss on disposal of investment in Brazil |  | (1,592)
INCOME (LOSS) BEFORE BENEFIT FOR INCOME TAXES AND NON-CONTROLLING INTEREST |  | 4,921
Provision for income taxes |  | 672
NET INCOME (LOSS) |  | 4,249
STRATTEC's Share of VAST LLC Net Income |  | 1,416
Intercompany profit eliminations |  | 33
STRATTEC's equity earnings of VAST LLC prior to loss on sale |  | 1,449
(Loss) gain on sale of VAST LLC | (331) | 110
STRATTEC's equity (loss) earnings of VAST LLC | $ (331) | $ 1,559

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