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Credit Facilities (Tables)
9 Months Ended
Mar. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings Under the Credit Facilities

Outstanding borrowings under the credit facilities were as follows (in thousands):

 

March 30,
2025

 

 

June 30,
2024

 

STRATTEC Credit Facility

$

 

 

$

 

ADAC-STRATTEC Credit Facility

 

13,000

 

 

 

13,000

 

 

$

13,000

 

 

$

13,000

 

 

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each credit facility referenced above were as follows (in thousands):

 

 

Nine Months Ended

 

 

Average Outstanding Borrowings

 

 

Weighted Average Interest Rate

 

 

March 30,
2025

 

 

March 31,
2024

 

 

March 30,
2025

 

 

March 31,
2024

 

STRATTEC Credit Facility

$

 

 

$

44

 

 

 

%

 

 

8.5

%

ADAC-STRATTEC Credit Facility

$

13,245

 

 

$

13,000

 

 

 

7.9

%

 

 

6.7

%