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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 29, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Net sales $ 129,919 $ 118,532 $ 268,971 $ 253,938
Cost of goods sold 112,768 105,035 232,899 221,721
Gross profit 17,151 13,497 36,072 32,217
Engineering, selling and administrative expenses 15,017 13,439 28,875 26,053
Income from operations 2,134 58 7,197 6,164
Interest expense (257) (219) (552) (439)
Investment income 408 107 757 194
Other (expense) income, net (482) 1,098 (353) 967
Income before provision for income taxes and non-controlling interest 1,803 1,044 7,049 6,886
Provision for income taxes 405 264 1,903 1,651
Net income 1,398 780 5,146 5,235
Net income (loss) attributable to non-controlling interest 79 (242) 124 48
Net income attributable to STRATTEC SECURITY CORPORATION 1,319 1,022 5,022 5,187
Comprehensive income:        
Net income 1,398 780 5,146 5,235
Pension and postretirement plans, net of tax 36 47 292 93
Currency translation adjustments (1,245) 1,014 (4,005) 365
Other comprehensive (loss) income, net of tax (1,209) 1,061 (3,713) 458
Comprehensive income 189 1,841 1,433 5,693
Comprehensive (loss) income attributable to non-controlling interest (407) 170 (1,451) 190
Comprehensive income attributable to STRATTEC SECURITY CORPORATION $ 596 $ 1,671 $ 2,884 $ 5,503
Earnings per share attributable to STRATTEC SECURITY CORPORATION:        
Basic $ 0.33 $ 0.26 $ 1.25 $ 1.31
Diluted $ 0.32 $ 0.26 $ 1.24 $ 1.3
Weighted Average shares outstanding:        
Basic 4,035 3,976 4,020 3,962
Diluted 4,070 3,998 4,058 3,986