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<div> Basis of Financial Statements STRATTEC SECURITY CORPORATION designs, develops, manufactures and markets automotive access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding door systems, power lift gate systems, power deck lid systems, door handles and related products for primarily North American automotive customers. We also supply global automotive manufacturers through a unique strategic relationship with WITTE Automotive of Velbert, Germany, and ADAC Automotive of Grand Rapids, Michigan. Under this relationship, STRATTEC, WITTE and ADAC market each company’s products to global customers under the “VAST” brand name. STRATTEC’s access control products are shipped to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and we provide full service and aftermarket support for our products.During April 2013, we acquired a 51 percent ownership interest in NextLock LLC, a newly formed joint venture which was formed to introduce a new generation of biometric security products based upon the designs of Actuator Systems LLC, our partner and the owner of the remaining interest. We anticipate shipment of new biometric security products to begin in the first quarter of our 2015 fiscal year through this new NextLock joint venture. The accompanying condensed consolidated financial statements reflect the consolidated results of STRATTEC SECURITY CORPORATION, its wholly owned Mexican subsidiary, STRATTEC de Mexico, and its majority owned subsidiaries, ADAC-STRATTEC, LLC and STRATTEC POWER ACCESS LLC. STRATTEC SECURITY CORPORATION is located in Milwaukee, Wisconsin. STRATTEC de Mexico is located in Juarez, Mexico. ADAC-STRATTEC, LLC and STRATTEC POWER ACCESS LLC have operations in El Paso, Texas and Juarez, Mexico. Equity investments in Vehicle Access Systems Technology LLC (“VAST LLC”) and NextLock LLC for which we exercise significant influence but do not control and are not the primary beneficiary, are accounted for using the equity method. VAST LLC consists primarily of three wholly owned subsidiaries in China and one joint venture in Brazil. NextLock LLC is located in El Paso, Texas. We have only one reporting segment. In the opinion of management, the accompanying condensed consolidated balance sheet as of June 30, 2013, which has been derived from our audited financial statements, and the related unaudited interim condensed consolidated financial statements included herein contain all adjustments, consisting only of normal recurring items, necessary for their fair presentation in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and in accordance with Rule 10-01 of Regulation S-X. All significant intercompany transactions have been eliminated. Interim financial results are not necessarily indicative of operating results for an entire year. The information included in this Form 10-Q should be read in conjunction with Management’s Discussion and Analysis and the financial statements and notes thereto included in the STRATTEC SECURITY CORPORATION 2013 Annual Report, which was filed with the Securities and Exchange Commission as an exhibit to our Form 10-K on September 9, 2013.</div>

<div> New Accounting Pronouncement AdoptedIn February 2013, the Financial Accounting Standards Board (“FASB”) issued an amendment to the accounting guidance for the reporting of amounts reclassified out of accumulated other comprehensive income (“AOCI”). The amendment expands the existing disclosure by requiring entities to present information about significant items reclassified out of AOCI by component. In addition, an entity is required to provide information about the effects on net income of significant amounts reclassified out of each component of AOCI to net income either on the face of the statement where net income is presented or as a separate disclosure in the notes of the financial statements. The amendment is effective prospectively for annual or interim reporting periods beginning after December 15, 2012. The adoption of this accounting pronouncement did not have a material impact on our financial statement disclosures. See Accumulated Other Comprehensive Loss included herein.</div>

<div> Subsequent EventOn April 2, 2014, our Board of Directors approved a resolution to terminate the STRATTEC SECURITY CORPORATION Retirement Plan (the "Retirement Plan"), subject to the conditions noted below.  The Retirement Plan was frozen effective December 31, 2009; after that date, no new employees were eligible to participate and no additional credited service was provided to participants after that date.  The termination of the Retirement Plan is subject to the following: (1) the Internal Revenue Service's ("IRS") determination that the Plan is qualified on termination and (2) STRATTEC providing notice to the union representing the participants and our obligation to bargain with that union regarding the termination of the Plan.  Additionally, we have amended the Retirement Plan to provide that participants are 100% vested in their accrued benefits as of the effective date of the plan termination, to adopt a new standard for disability benefits that will apply when the plan's assets are distributed due to the termination of the Retirement Plan, to add a lump‑sum distribution for employees and terminated vested participants who are not in payment status when Retirement Plan assets are distributed due to the termination of the Retirement Plan and to make certain other conforming amendments to the Retirement Plan to comply with applicable law that may be required by the IRS or may be deemed necessary or advisable to improve the administration of the Retirement Plan or facilitate the Retirement Plan's termination and liquidation. The foregoing Retirement Plan amendments are also subject to our requirement to bargain with the union. We also intend to make contributions to the Trust Fund for the Retirement Plan to ensure that there are sufficient assets to provide all Retirement Plan benefits as of the anticipated distribution date.</div>

<div> Equity Earnings (Loss) of Joint Ventures We hold a one-third interest in a joint venture company, Vehicle Access Systems Technology LLC (“VAST LLC”), with WITTE Automotive of Velbert, Germany (“WITTE”), and ADAC Automotive of Grand Rapids, Michigan (“ADAC”). VAST LLC exists to seek opportunities to manufacture and sell all three companies’ products in areas of the world outside of North America and Europe. VAST LLC consists primarily of three wholly owned subsidiaries in China and one joint venture in Brazil. Our investment in VAST LLC, for which we exercise significant influence but do not control and are not the primary beneficiary, is accounted for using the equity method. The following are summarized statements of operations for VAST LLC (thousands of dollars):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="6" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">Three Months Ended</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td colspan="7" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">Nine Months Ended</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Net Sales</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">28,590</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">23,767</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">80,254</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">67,732</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Cost of Goods Sold</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">24,771</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">20,611</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">68,129</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">56,514</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Gross Profit</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,819</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,156</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">12,125</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">11,218</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Engineering, Selling and Administrative Expenses</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3,671</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">4,268</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">9,952</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">12,989</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Income (Loss) From Operations</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">148</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,112</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">2,173</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,771</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Other Income, net</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">1,683</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">173</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">1,662</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">472</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Income (Loss) before Provision for Income taxes</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">1,831</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(939</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,835</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,299</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Provision for (benefit from) Income Taxes</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">758</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(69</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">523</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(83</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:double 2.5pt transparent;">Net Income (Loss)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">1,073</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">(870</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">3,312</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">(1,216</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">STRATTEC’s Share of VAST LLC Net Income (Loss)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">358</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(290</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">1,104</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(405</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Intercompany Profit Elimination</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">7</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(1</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:double 2.5pt transparent;">STRATTEC’s Equity Earnings (Loss) of VAST LLC</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">365</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(291</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">1,107</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(402</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;">)</td> </tr> </table></div>During April 2013, we acquired a 51% ownership interest in a newly formed joint venture company, NextLock LLC, which was formed to introduce a new generation of biometric security products based upon designs of Actuator Systems LLC, our partner. We anticipate shipment of the biometric security products to begin in the first quarter of our 2015 fiscal year through this new joint venture. Our investment in NextLock, for which we exercise significant influence but do not control, is accounted for using the equity method. The following are summarized statements of operations for NextLock LLC (thousands of dollars): <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr style="height:7.2pt;"> <td valign="top" style="width:45%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="6" valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;">  </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;">  </td> <td colspan="6" valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;">Nine Months Ended</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:7.2pt;"> <td valign="top" style="width:45%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;">  </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;">  </td> <td colspan="2" valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:7.2pt;"> <td valign="top" style="width:45%; border-bottom:solid 0.75pt transparent;">Engineering, Selling and Administrative Expenses</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">189</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">486</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:7.2pt;"> <td valign="top" style="width:45%; border-bottom:solid 0.75pt transparent;">Loss From Operations</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">(189</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;">)</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">(486</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;">)</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:7.2pt;"> <td valign="top" style="width:45%; border-bottom:double 2.5pt transparent;">Net Loss</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(189</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;">)</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(486</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;">)</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> </tr> <tr> <td valign="top" style="width:45%; border-bottom:double 2.5pt transparent;">STRATTEC’s Equity Loss of NextLock LLC</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">(98</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">)</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">(249</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;">)</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:1%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="width:9%; border-top:double 2.5pt #000000; border-bottom:double 2.5pt #000000;">-</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> </tr> </table></div> </div>

<div> Stock-based Compensation We maintain an omnibus stock incentive plan. This plan provides for the granting of stock options, shares of restricted stock and stock appreciation rights. The Board of Directors has designated 1,700,000 shares of common stock available for the grant of awards under the plan. Remaining shares available to be granted under the plan as of March 30, 2014 were 123,250. Awards that expire or are canceled without delivery of shares become available for re-issuance under the plan. We issue new shares of common stock to satisfy stock option exercises. Nonqualified and incentive stock options and shares of restricted stock have been granted to our officers, outside directors and specified employees under our stock incentive plan. Stock options granted under the plan may not be issued with an exercise price less than the fair market value of the common stock on the date the option is granted. Stock options become exercisable as determined at the date of grant by the Compensation Committee of our Board of Directors. The options expire 5 to 10 years after the grant date unless an earlier expiration date is set at the time of grant. The options vest 1 to 4 years after the date of grant. Shares of restricted stock granted under the plan are subject to vesting criteria determined by the Compensation Committee of our Board of Directors at the time the shares are granted and have a minimum vesting period of three years from the date of grant. Restricted shares granted have voting and dividend rights, regardless if the shares are vested or unvested. The restricted stock grants issued to date vest 3 years after the date of grant. The fair value of each stock option grant was estimated as of the date of grant using the Black-Scholes pricing model. The resulting compensation cost for fixed awards with graded vesting schedules is amortized on a straight line basis over the vesting period for the entire award. The fair value of each restricted stock grant was based on the market price of the underlying common stock as of the date of grant. The resulting compensation cost is amortized on a straight line basis over the vesting period. A summary of stock option activity under our stock incentive plan for the nine months ended March 30, 2014 was as follows:  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Shares</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Weighted Average Exercise Price</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Weighted Average Remaining Contractual Term (years)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Aggregate Intrinsic Value (in thousands)</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Outstanding, June 30, 2013</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">271,455</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">27.19</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="top" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Granted</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">40,000</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">38.71</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="top" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Exercised</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(75,456</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">25.61</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="top" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Expired</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(19,500</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">57.73</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="top" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:solid 0.75pt transparent;">Forfeited</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">(11,457</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;">$</td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt transparent;">30.61</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:9%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:9%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Outstanding, March 30, 2014</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:double 2.5pt #000000;">205,042</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">$</td> <td valign="bottom" style="width:9%; border-bottom:double 2.5pt transparent;">26.92</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:9%; border-bottom:double 2.5pt transparent;">6.3</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">$</td> <td valign="top" style="width:9%; border-bottom:double 2.5pt transparent;">9,042</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Exercisable, March 30, 2014</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:double 2.5pt #000000;">96,499</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">$</td> <td valign="bottom" style="width:9%; border-bottom:double 2.5pt transparent;">23.16</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="top" style="width:9%; border-bottom:double 2.5pt transparent;">4.0</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">$</td> <td valign="top" style="width:9%; border-bottom:double 2.5pt transparent;">4,618</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div>The intrinsic value of stock options exercised and the fair value of stock options vesting during the three and nine month periods presented below was as follows (in thousands):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:48.34%;"> </td> <td valign="top" style="width:1.04%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:23.74%; border-bottom:solid 1pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="top" style="width:1.04%;"> </td> <td colspan="6" valign="bottom" style="width:23.76%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="top" style="width:1.06%;"> </td> </tr> <tr> <td valign="bottom" style="width:48.34%;"> </td> <td valign="top" style="width:1.04%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:10.84%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1.04%; border-top:solid 1pt #000000;"> </td> <td valign="bottom" style="width:1.04%; border-top:solid 1pt #000000;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:10.82%; border-top:solid 1pt #000000; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="top" style="width:1.04%;"> </td> <td colspan="2" valign="bottom" style="width:10.82%; border-top:solid 1pt #000000; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1.06%; border-top:solid 1pt #000000;"> </td> <td valign="bottom" style="width:1.06%; border-top:solid 1pt #000000;"> </td> <td colspan="2" valign="bottom" style="width:10.82%; border-top:solid 1pt #000000; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="top" style="width:1.06%;"> </td> </tr> <tr> <td valign="bottom" style="width:48.34%;">Intrinsic Value of Options Exercised</td> <td valign="top" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.18%; border-top:solid 1pt #000000;">$</td> <td valign="bottom" style="width:9.66%; border-top:solid 1pt #000000;">1,129</td> <td valign="bottom" style="width:1.04%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.16%; border-top:solid 1pt #000000;">$</td> <td valign="top" style="width:9.66%; border-top:solid 1pt #000000;">243</td> <td valign="bottom" style="width:1.04%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.16%; border-top:solid 1pt #000000;">$</td> <td valign="bottom" style="width:9.66%; border-top:solid 1pt #000000;">1,807</td> <td valign="bottom" style="width:1.06%;"> </td> <td valign="bottom" style="width:1.06%;"> </td> <td valign="bottom" style="width:1.16%; border-top:solid 1pt #000000;">$</td> <td valign="top" style="width:9.66%; border-top:solid 1pt #000000;">277</td> <td valign="top" style="width:1.06%;"> </td> </tr> <tr> <td valign="bottom" style="width:48.34%;">Fair Value of Stock Options Vesting</td> <td valign="top" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.18%;">$</td> <td valign="bottom" style="width:9.66%;">29</td> <td valign="bottom" style="width:1.04%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.16%;">$</td> <td valign="top" style="width:9.66%;">124</td> <td valign="bottom" style="width:1.04%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1.04%;"> </td> <td valign="bottom" style="width:1.16%;">$</td> <td valign="bottom" style="width:9.66%;">444</td> <td valign="bottom" style="width:1.06%;"> </td> <td valign="bottom" style="width:1.06%;"> </td> <td valign="bottom" style="width:1.16%;">$</td> <td valign="top" style="width:9.66%;">266</td> <td valign="top" style="width:1.06%;"> </td> </tr> </table></div>The grant date fair value and assumptions used to determine compensation expense for the options granted during each period presented below were as follows:  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:76%;"> <tr> <td valign="bottom" style="width:53%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;">Weighted Average Grant Date Fair Value:</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;">Options Issued at Grant Date Market Value</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">n/a</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">n/a</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;">Options Issued Above Grant Date Market Value</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">17.58</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">10.48</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;">Assumptions:</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;"> </td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:53%;">Risk Free Interest Rate</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2.06</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">0.95</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> </tr> <tr> <td valign="bottom" style="width:53%;">Expected Volatility</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">58.75</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">57.58</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> </tr> <tr> <td valign="bottom" style="width:53%;">Expected Dividend Yield</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1.11</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1.69</td> <td valign="bottom" style="width:1%;white-space:nowrap;">%</td> </tr> <tr> <td valign="bottom" style="width:53%;">Expected Term (in years)</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">6.0</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">6.0</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> </table></div>A summary of restricted stock activity under our omnibus stock incentive plan for the nine months ended March 30, 2014 was as follows:  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:76%;"> <tr> <td valign="bottom" style="width:52%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Shares</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Weighted Average Grant Date Fair Value</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:52%;">Nonvested Balance, June 30, 2013</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">61,250</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">22.42</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:52%;">Granted</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">24,950</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="top" style="width:9%;">37.29</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:52%;">Vested</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(19,350</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="top" style="width:9%;">20.40</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:52%; border-bottom:solid 0.75pt transparent;">Forfeited</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">(3,250</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;">$</td> <td valign="top" style="width:9%; border-bottom:solid 0.75pt transparent;">27.88</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:52%; border-bottom:double 2.5pt transparent;">Nonvested Balance, March 30, 2014</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:double 2.5pt #000000;">63,600</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;">$</td> <td valign="top" style="width:9%; border-bottom:double 2.5pt transparent;">28.64</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div>As of March 30, 2014, there was $732,000 of total unrecognized compensation cost related to outstanding stock options granted under our omnibus stock incentive plan. This cost is expected to be recognized over a weighted average period of 1 year. As of March 30, 2014, there was approximately $755,000 of total unrecognized compensation cost related to unvested restricted stock grants outstanding under the plan. This cost is expected to be recognized over a weighted average period of 1 year. Total unrecognized compensation cost will be adjusted for any future changes in estimated and actual forfeitures of awards granted under our omnibus stock incentive plan. </div>

<div> Pension and Postretirement Benefits We have a qualified, noncontributory defined benefit pension plan covering substantially all U.S. associates. Benefits are based on years of service and final average compensation. Our policy is to fund at least the minimum actuarially computed annual contribution required under the Employee Retirement Income Security Act of 1974 (ERISA). Plan assets consist primarily of listed equity and fixed income securities. Effective December 31, 2009, an amendment to the qualified defined benefit pension plan discontinued the benefit accruals for salary increases and credited service rendered after December 31, 2009.  See “Subsequent Event” above for additional information on the pending termination of this pension plan. We have historically had in place a noncontributory supplemental executive retirement plan (“SERP”), which was a nonqualified defined benefit plan that essentially mirrored the qualified plan, but provided benefits in excess of certain limits placed on our qualified retirement plan by the Internal Revenue Code. The SERP pays supplemental pension benefits to certain key employees upon retirement. The SERP is being funded through a Rabbi trust with BMO Harris Bank N.A. On October 8, 2013, our Board of Directors approved certain amendments to the SERP Plan which were effective as of December 31, 2013. The SERP Plan provides certain benefits to our executive officers under a defined benefit formula which was designed to provide benefits in addition to the STRATTEC SECURITY CORPORATION Retirement Plan (the “Pension Plan”). We froze our Pension Plan effective as of December 31, 2009 and the SERP Plan provided benefits to participants as if the Pension Plan had not been frozen. Because the Pension Plan was frozen and because new employees do not participate in the Pension Plan our Board of Directors adopted amendments to the SERP Plan on October 8, 2013 that were effective as of December 31, 2013 to simplify the SERP Plan calculation. Under the amended SERP Plan, participants will receive an accrued lump-sum benefit as of December 31, 2013 to be credited to each participant’s account. Going forward after that date, each eligible participant will receive a supplemental retirement benefit equal to the foregoing lump sum benefit, plus an annual benefit accrual equal to 8% of the participant’s base salary and cash bonus, plus annual credited interest on the participant’s account balance. All current participants are fully vested in their account balances with any new individuals participating in the SERP Plan on or after January 1, 2014 being subject to a five year vesting schedule.  The SERP Plan, which is considered a defined benefit plan under applicable rules and regulations, will continue to be funded through use of a Rabbi Trust to hold investment assets to be used in part to fund any future required lump sum benefit payments to participants.  The foregoing amendment did not have a material effect on our financial statements.We also sponsor a postretirement health care plan for all of our U.S. associates hired prior to June 2, 2001. The expected cost of retiree health care benefits is recognized during the years that the associates who are covered under the plan render service. Effective January 1, 2010, an amendment to the postretirement health care plan limited the benefit for future eligible retirees to $4,000 per plan year and is subject to a maximum five year coverage period based on the associate’s retirement date and age. The postretirement health care plan is unfunded. Net periodic pension and postretirement benefit costs are allocated between Cost of Goods Sold and Engineering, Selling and Administrative Expenses in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income. The following tables summarize the net periodic benefit cost recognized for each of the periods indicated under these plans (in thousands):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Pension Benefits</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Postretirement Benefits</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Service cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">54</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">41</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">4</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">4</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Interest cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,102</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,110</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">39</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">45</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Expected return on plan assets</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,610</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,530</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Settlement Loss</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2,144</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Amortization of prior service cost (credit)</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(191</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(191</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:solid 0.75pt transparent;">Amortization of unrecognized net loss</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">666</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">1,111</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">212</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">225</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Net periodic benefit cost</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">214</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">2,879</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">64</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">83</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Pension Benefits</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Postretirement Benefits</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Service cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">163</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">145</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">11</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">11</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Interest cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3,305</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3,356</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">118</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">136</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Expected return on plan assets</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(4,831</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(4,594</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Settlement Loss</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2,144</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Amortization of prior service cost (credit)</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">8</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">9</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(573</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(573</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:solid 0.75pt transparent;">Amortization of unrecognized net loss</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">1,999</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">3,373</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">635</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">674</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Net periodic benefit cost</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">644</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">4,433</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">191</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">248</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div> Contributions of $1.5 million were made to the qualified pension plan during the nine month period ended March 30, 2014.  Contributions of $1.75 million were made to the qualified pension plan during the nine month period ended March 31, 2013. Additional voluntary contributions of $1.5 million are anticipated to be made during the remainder of fiscal 2014. </div>

<div> The following are summarized statements of operations for VAST LLC (thousands of dollars):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="6" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">Three Months Ended</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td colspan="7" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">Nine Months Ended</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 30, 2014</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;">March 31, 2013</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Net Sales</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">28,590</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">23,767</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">80,254</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">67,732</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Cost of Goods Sold</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">24,771</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">20,611</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">68,129</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">56,514</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Gross Profit</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,819</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,156</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">12,125</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">11,218</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Engineering, Selling and Administrative Expenses</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3,671</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">4,268</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">9,952</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">12,989</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Income (Loss) From Operations</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">148</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,112</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">2,173</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,771</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Other Income, net</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">1,683</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">173</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">1,662</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">472</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">Income (Loss) before Provision for Income taxes</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">1,831</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(939</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">3,835</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(1,299</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Provision for (benefit from) Income Taxes</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">758</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(69</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">523</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(83</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:double 2.5pt transparent;">Net Income (Loss)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">1,073</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">(870</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">3,312</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:double 2.5pt #000000;">(1,216</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%;">STRATTEC’s Share of VAST LLC Net Income (Loss)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%;">358</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(290</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">1,104</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%;">(405</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%;">)</td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:solid 0.75pt transparent;">Intercompany Profit Elimination</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">7</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">(1</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-bottom:solid 0.75pt #000000;">3</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:44%; border-bottom:double 2.5pt transparent;">STRATTEC’s Equity Earnings (Loss) of VAST LLC</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">365</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(291</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;">)</td> <td valign="top" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">1,107</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(402</td> <td valign="bottom" style="padding-Right:0pt;padding-Top:0pt;width:1%; border-bottom:double 2.5pt transparent;">)</td> </tr> </table></div> </div>

<div> A summary of activity impacting shareholders’ equity for the nine month period ended March 30, 2014 was as follows (in thousands):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:84%;"> <tr> <td valign="bottom" style="width:49%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Total Shareholders’ Equity</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Equity Attributable to STRATTEC</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Equity Attributable to Non-Controlling Interest</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Balance, June 30, 2013</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">111,880</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">104,218</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">7,662</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Net Income</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">12,752</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">10,685</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2,067</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Dividend Declared</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,150</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,150</td> <td valign="middle" style="width:1%;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Dividend Declared – Non-controlling Interests of Subsidiaries</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(984</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(984</td> <td valign="bottom" style="width:1%;">)</td> </tr> <tr> <td valign="bottom" style="width:49%;">Translation adjustments</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(263</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(251</td> <td valign="middle" style="width:1%;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(12</td> <td valign="bottom" style="width:1%;">)</td> </tr> <tr> <td valign="bottom" style="width:49%;">Stock Based Compensation</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">880</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">880</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Tax Benefit – Dividend Paid on Restricted Shares</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">6</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">6</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%;">Pension and Postretirement Adjustment, Net of tax</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,304</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,304</td> <td valign="middle" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:49%; border-bottom:solid 0.75pt transparent;">Employee Stock Purchases and Stock Option Exercises</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">2,428</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">2,428</td> <td valign="middle" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr> <td valign="bottom" style="width:49%; border-bottom:double 2.5pt transparent;">Balance, March 30, 2014</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">126,853</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">118,120</td> <td valign="middle" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">8,733</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> </tr> </table></div> </div>

<div> The following tables summarize the net periodic benefit cost recognized for each of the periods indicated under these plans (in thousands):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Pension Benefits</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Postretirement Benefits</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Three Months Ended</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Service cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">54</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">41</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">4</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">4</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Interest cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,102</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">1,110</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">39</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">45</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Expected return on plan assets</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,610</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(1,530</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Settlement Loss</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2,144</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Amortization of prior service cost (credit)</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(191</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(191</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:solid 0.75pt transparent;">Amortization of unrecognized net loss</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">666</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">1,111</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">212</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">225</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Net periodic benefit cost</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">214</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">2,879</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">64</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">83</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:92%;"> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Pension Benefits</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Postretirement Benefits</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="6" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">Nine Months Ended</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;"> </td> <td valign="top" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 30, 2014</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td colspan="2" valign="bottom" style="padding-left:0.7pt;padding-Right:0.7pt;padding-Top:0pt;padding-Bottom:0pt;width:1%; border-bottom:solid 1pt #000000;">March 31, 2013</td> <td valign="bottom" style="width:1%;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Service cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">163</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">145</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">11</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;">$</td> <td valign="bottom" style="width:9%;">11</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Interest cost</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3,305</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">3,356</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">118</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">136</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Expected return on plan assets</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(4,831</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(4,594</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Settlement Loss</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">2,144</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">-</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%;">Amortization of prior service cost (credit)</td> <td valign="top" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">8</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">9</td> <td valign="bottom" style="width:1%;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(573</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:1%;"> </td> <td valign="bottom" style="width:9%;">(573</td> <td valign="bottom" style="width:1%;white-space:nowrap;">)</td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:solid 0.75pt transparent;">Amortization of unrecognized net loss</td> <td valign="top" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">1,999</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">3,373</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">635</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:9%; border-bottom:solid 0.75pt #000000;">674</td> <td valign="bottom" style="width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> </td> </tr> <tr> <td valign="bottom" style="width:44%; border-bottom:double 2.5pt transparent;">Net periodic benefit cost</td> <td valign="top" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">644</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">4,433</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">191</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:9%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">248</td> <td valign="bottom" style="width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> </td> </tr> </table></div> </div>

<div> The following table summarizes the changes in accumulated other comprehensive loss (“AOCL”) for the nine months ended March 30, 2014 (in thousands):  <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:84%;"> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:11.76%; border-bottom:solid 0.75pt #000000;">Foreign  Currency Translation Adjustments</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:11.76%; border-bottom:solid 0.75pt #000000;">Retirement  and Postretirement Benefit Plans</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td colspan="2" valign="bottom" style="width:11.76%; border-bottom:solid 0.75pt #000000;">Total</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Balance, June 30, 2013</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(3,268</td> <td valign="bottom" style="width:1.18%;">)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(18,944</td> <td valign="bottom" style="width:1.18%;">)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(22,212</td> <td valign="bottom" style="width:1.14%;">)</td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Other comprehensive loss before reclassifications</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">(263</td> <td valign="bottom" style="width:1.18%;">)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">-</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">(263</td> <td valign="bottom" style="width:1.14%;">)</td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;">Income tax</td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Net other comprehensive loss before reclassifications</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(263</td> <td valign="bottom" style="width:1.18%;">)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(263</td> <td valign="bottom" style="width:1.14%;">)</td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Reclassifications:</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;"> </td> <td valign="bottom" style="width:1.14%;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Prior service credits (A)</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">-</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">(564)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%;"> </td> <td valign="bottom" style="width:10.58%;">(564</td> <td valign="bottom" style="width:1.14%;">)</td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;">Actuarial gains (A)</td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">2,634</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">2,634</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Total reclassifications before tax</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">2,070</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">2,070</td> <td valign="bottom" style="width:1.14%;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;">Income tax</td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">766</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">766</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;">Net reclassifications</td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">1,304</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;">1,304</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%;">Other comprehensive (loss) income</td> <td valign="top" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">(263</td> <td valign="bottom" style="width:1.18%;">)</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">1,304</td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="width:1.18%;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000;">1,041</td> <td valign="bottom" style="width:1.14%;"> </td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:solid 0.75pt transparent;">Other comprehensive loss attributable to non-controlling interest</td> <td valign="top" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">(12</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;">)</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">-</td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="width:1.18%; border-bottom:solid 0.75pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-bottom:solid 0.75pt #000000;"> </td> <td valign="bottom" style="width:10.58%; border-bottom:solid 0.75pt #000000;">(12</td> <td valign="bottom" style="width:1.14%; border-bottom:solid 0.75pt transparent;">)</td> </tr> <tr style="height:14.4pt;"> <td valign="bottom" style="width:57.7%; border-bottom:double 2.5pt transparent;">Balance, March 30, 2014</td> <td valign="top" style="width:1.18%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(3,519</td> <td valign="bottom" style="width:1.18%; border-bottom:double 2.5pt transparent;">)</td> <td valign="bottom" style="width:1.18%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(17,640</td> <td valign="bottom" style="width:1.18%; border-bottom:double 2.5pt transparent;">)</td> <td valign="bottom" style="width:1.18%; border-bottom:double 2.5pt transparent;"> </td> <td valign="bottom" style="padding-Right:0pt;width:1.18%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">$</td> <td valign="bottom" style="width:10.58%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;">(21,159</td> <td valign="bottom" style="width:1.14%; border-bottom:double 2.5pt transparent;">)</td> </tr> </table></div><div align="left"><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"><tr><td valign="top" style="width:4.54%;white-space:nowrap">(A)</td><td valign="top" style="width:95.46%;">Amounts reclassified are included in the computation of net periodic benefit cost. See Pension and Postretirement Benefits note to these condensed consolidated financial statements above. </td></tr></table></div></div>

0.51

3 1 2014-04-02 1.00

2013-06-28

12.40

13.40

2000

34000

75000

424000

285000

190000

383000

399000

630000

82000

1887000

82000

28590000

23767000

80254000

67732000

24771000

20611000

68129000

56514000

3819000

3156000

12125000

11218000

3671000 4268000 9952000 12989000 148000 -1112000 2173000 -1771000 1683000 173000 1662000 472000 1831000 -939000 3835000 -1299000 758000 -69000 523000 -83000

1073000

-870000

3312000

-1216000

358000 -290000 1104000 -405000 7000 -1000 3000 3000

365000

-291000

1107000

-402000

0.51

189000 0 486000 0 -189000 0 -486000 0

-189000

-486000

-98000

-249000

25000000

5000000

2016-08-01

London Interbank Offering Rate (“LIBOR”) plus 1.0 percent or the bank’s prime rate

LIBOR plus 1.75 percent or the bank’s prime rate

LIBOR plus 1.0 percent or the bank’s prime rate

0.0175

0.010

2500000

2250000

2700000

1000000

0.018

0.020

3000000

1100000

1500000

478000

104218000

7662000

10685000

2067000

1150000

984000

-251000

-12000

880000

6000 6000 0

-1304000

2428000

118120000

8733000

36000

-987000

27000

103000

132000

156000

75000

2000

-32000

8000

48000

90000

162000

-307000

65000

20000

193000

114000

3536000

1074000

10492000

6044000

91000

62000

81000

43000

49340

166000

1700000

123250

P5Y

P10Y

P1Y

P4Y

P3Y

271455

40000

75456

19500

11457

205042

96499

27.19

38.71

25.61

57.73

30.61

26.92

23.16

P6Y3M18D

P4Y

9042000

4618000

1129000

243000

1807000

277000

29000

124000

444000

266000

17.58

10.48

0.0206

0.0095

0.5875

0.5758

0.0111

0.0169

P6Y

61250

24950

19350

3250

63600

22.42

37.29

20.40

27.88

28.64

732000

755000

P1Y

0.08 4000 P5Y

54000

41000

4000

1102000

1110000

39000

45000

1610000

1530000

-2144000

2000

3000

-191000

-666000

-1111000

-212000

-225000

214000

2879000

64000

83000

163000

145000

11000

3305000

3356000

118000

136000

4831000

4594000

-2144000

8000

9000

-573000

-1999000

-3373000

-635000

-674000

644000

4433000

191000

248000

1500000

1750000

1500000

-3268000

-18944000

-263000

-564000

2634000

2070000

766000

1304000

-263000

1304000

-12000

-3519000

-17640000

Amounts reclassified are included in the computation of net periodic benefit cost. See Pension and Postretirement Benefits note to these condensed consolidated financial statements above.