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Revenue from Contracts with Customers
6 Months Ended
Dec. 29, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers

NOTE 3. REVENUE FROM CONTRACTS WITH CUSTOMERS

The Company generates revenue from the production of products sold to OEMs, or Tier 1 suppliers at the direction of the OEM, under long-term supply agreements supporting new vehicle production. Such agreements also require related production of service parts subsequent to the initial vehicle production periods. Additionally, the Company generates revenue from the production of products sold in aftermarket service channels.

 

Revenue by product category and by customer are as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 29,
2024

 

 

December 31,
2023

 

 

December 29,
2024

 

 

December 31,
2023

 

 

Door handles & exterior trim

$

33,084

 

 

$

30,155

 

 

$

68,514

 

 

$

62,923

 

 

Power access solutions

 

33,075

 

 

 

26,084

 

 

 

67,855

 

 

 

58,735

 

 

Keys & locksets

 

20,066

 

 

 

24,617

 

 

 

43,088

 

 

 

54,912

 

 

Latches

 

17,708

 

 

 

14,713

 

 

 

36,819

 

 

 

30,273

 

 

User interface controls

 

13,991

 

 

 

11,417

 

 

 

27,830

 

 

 

22,014

 

 

Aftermarket & OE service

 

9,715

 

 

 

9,028

 

 

 

19,778

 

 

 

19,932

 

 

Other

 

2,280

 

 

 

2,518

 

 

 

5,087

 

 

 

5,149

 

 

 

$

129,919

 

 

$

118,532

 

 

$

268,971

 

 

$

253,938

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 29,
2024

 

 

December 31,
2023

 

 

December 29,
2024

 

 

December 31,
2023

 

 

General Motors Company

$

39,550

 

 

$

36,517

 

 

$

81,710

 

 

$

77,022

 

 

Ford Motor Company

 

28,956

 

 

 

24,634

 

 

 

61,093

 

 

 

51,543

 

 

Stellantis

 

11,727

 

 

 

13,200

 

 

 

24,492

 

 

 

40,497

 

 

Hyundai Motor Group (including Kia)

 

14,080

 

 

 

11,674

 

 

 

28,933

 

 

 

20,051

 

 

Tier 1 Customers

 

18,591

 

 

 

18,055

 

 

 

38,673

 

 

 

36,178

 

 

All Other Customers

 

17,015

 

 

 

14,452

 

 

 

34,070

 

 

 

28,647

 

 

 

$

129,919

 

 

$

118,532

 

 

$

268,971

 

 

$

253,938