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Segment Information (Tables)

3 Months Ended

Sep. 28, 2025

Segment Reporting [Abstract]

Schedule of Significant Expenses Disclosed in Consolidated Statements of Income

Net sales and significant segment expenses are as follows (in thousands):

		Three Months Ended
		September 28, 2025				September 29, 2024
Net sales		$	152,399			$	139,052
Significant expenses:
Direct material costs			83,888				78,070
Labor and overhead costs			42,176				42,061
Selling costs			2,820				2,611
Administrative costs			6,071				4,540
Engineering costs			6,997				6,707
Interest income			(877	)			(349	)
Interest expense			156				295
Other income, net			275				(129	)
Income tax expense			2,356				1,498
Net income			8,537				3,748
Net income attributable to non-controlling interest			8				45
Net income attributable to Strattec		$	8,529			$	3,703

Schedule of Sales by Product Group

Sales by product group were as follows (in thousands):

	Three Months Ended
	September 28, 2025				September 29, 2024
Power access solutions	$	38,124			$	33,342
Door handles & exterior trim		38,645				35,341
Keys & locksets		29,330				23,022
Latches		19,729				19,111
User interface controls		12,846				13,839
Aftermarket and service		10,757				11,548
Other		2,968				2,849
	$	152,399			$	139,052

Schedule of Sales to Largest Customers

Sales to and receivables from customers that individually accounted for 10% or more of the Company's total net sales were as follows (in thousands and percent of total):

		Three Months Ended
		September 28, 2025								September 29, 2024
		Net Sales				%				Net Sales				%
General Motors Company		$	41,778				27	%		$	42,160				30	%
Ford Motor Company			33,859				22				32,137				23
Stellantis			22,792				15				12,765				9
		$	98,429				64	%		$	87,062				62	%

Schedule of Receivables from Largest Customers

		September 28, 2025								September 29, 2024
		Receivables				%				Receivables				%
General Motors Company		$	27,080				26	%		$	30,959				30	%
Ford Motor Company			22,293				22				24,866				24
Stellantis			17,049				17				11,062				11
		$	66,422				65	%		$	66,887				65	%

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- Definition

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