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Credit Facilities (Tables)
3 Months Ended
Sep. 28, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings Under the Credit Facilities

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

 

 

Strattec
Credit Facility

 

 

ADAC-Strattec
Credit Facility

 

 

 

September 28, 2025

 

 

June 29, 2025

 

 

September 28, 2025

 

 

June 29, 2025

 

Outstanding borrowings

$

 

 

$

 

 

 

$

5,000

 

 

$

8,000

 

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each such credit facility were as follows (in thousands, except percentages):

 

 

 

Strattec
Credit Facility

 

 

ADAC-Strattec
Credit Facility

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

September 28, 2025

 

 

September 29, 2024

 

 

September 28, 2025

 

 

September 29, 2024

 

Average outstanding borrowings

$

 

 

$

 

 

 

$

6,552

 

 

$

13,736

 

Weighted average interest rate

 

 

 

 

 

 

 

 

7.4

%

 

 

8.5

%