Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Dec. 31, 2017	Jan. 02, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	STRATTEC SECURITY CORP
Entity Central Index Key	0000933034
Document Type	10-Q
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Trading Symbol	STRT
Current Fiscal Year End Date	--07-01
Entity Filer Category	Accelerated Filer
Entity Common Stock Shares Outstanding		3,704,230

Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Income Statement [Abstract]
Net sales	$ 103,182	$ 98,945	$ 205,642	$ 199,189
Cost of goods sold	90,536	85,251	179,533	170,692
Gross profit	12,646	13,694	26,109	28,497
Engineering, selling and administrative expenses	10,152	11,243	20,194	22,526
Income from operations	2,494	2,451	5,915	5,971
Interest income	3	39	7	80
Equity earnings of joint ventures	1,473	229	2,499	291
Interest expense	(253)	(98)	(456)	(176)
Other income, net	109	426	196	184
Income before provision for income taxes and non-controlling interest	3,826	3,047	8,161	6,350
(Benefit) Provision for income taxes	(9)	1,410	1,057	2,308
Net income	3,835	1,637	7,104	4,042
Net income attributable to non-controlling Interest	953	1,239	1,766	2,102
Net income attributable to STRATTEC SECURITY CORPORATION	2,882	398	5,338	1,940
Comprehensive Income (Loss):
Net income	3,835	1,637	7,104	4,042
Pension and postretirement plans, net of tax	277	474	555	949
Currency translation adjustments	(2,591)	(3,408)	(2,294)	(5,031)
Other comprehensive loss, net of tax	(2,314)	(2,934)	(1,739)	(4,082)
Comprehensive income (loss)	1,521	(1,297)	5,365	(40)
Comprehensive income attributable to non- controlling interest	80	346	815	1,099
Comprehensive income (loss) attributable to STRATTEC SECURITY CORPORATION	$ 1,441	$ (1,643)	$ 4,550	$ (1,139)
Earnings per share attributable to STRATTEC SECURITY CORPORATION:
Basic	$ 0.79	$ 0.11	$ 1.47	$ 0.54
Diluted	$ 0.78	$ 0.11	$ 1.44	$ 0.53
Average shares outstanding:
Basic	3,631	3,589	3,621	3,583
Diluted	3,715	3,667	3,698	3,664
Cash dividends declared per share	$ 0.14	$ 0.14	$ 0.28	$ 0.28

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Jul. 02, 2017
Current Assets:
Cash and cash equivalents	$ 8,385	$ 8,361
Receivables, net	60,587	64,933
Inventories:
Finished products	11,748	9,976
Work in process	9,758	9,328
Purchased materials	25,349	20,682
Excess and obsolete reserve	(4,568)	(4,510)
Inventories, net	42,287	35,476
Other current assets	23,278	20,235
Total current assets	134,537	129,005
Investment in joint ventures	19,724	16,840
Deferred income taxes	1,558	256
Other long-term assets	17,182	16,022
Property, plant and equipment	260,901	251,519
Less: accumulated depreciation	(145,380)	(139,928)
Net property, plant and equipment	115,521	111,591
Total assets	288,522	273,714
Current Liabilities:
Accounts payable	37,405	39,679
Accrued Liabilities:
Payroll and benefits	11,082	13,055
Environmental	1,296	1,308
Warranty	6,012	5,550
Other	6,402	8,303
Total current liabilities	62,197	67,895
Borrowings under credit facility	46,000	30,000
Accrued pension obligations	1,551	1,492
Accrued postretirement obligations	857	1,003
Other long-term liabilities	2,061	610
Shareholders’ Equity:
Common stock, authorized 12,000,000 shares, $.01 par value, 7,251,937 issued shares at December 31, 2017 and 7,216,103 issued shares at July 2, 2017	72	72
Capital in excess of par value	94,603	93,813
Retained earnings	230,234	225,913
Accumulated other comprehensive loss	(33,676)	(32,888)
Less: treasury stock, at cost (3,618,182 shares at December 31, 2017 and 3,619,487 shares at July 2, 2017)	(135,801)	(135,822)
Total STRATTEC SECURITY CORPORATION shareholders’ equity	155,432	151,088
Non-controlling interest	20,424	21,626
Total shareholders’ equity	175,856	172,714
Total liabilities and shareholders' equity	$ 288,522	$ 273,714

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Jul. 02, 2017
Statement Of Financial Position [Abstract]
Common stock, shares authorized	12,000,000	12,000,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares issued	7,251,937	7,216,103
Treasury stock, shares	3,618,182	3,619,487

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 7,104	$ 4,042
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,667	5,647
Foreign currency transaction gain	(419)	(2,497)
Unrealized loss on peso forward contracts	1,079	1,563
Stock based compensation expense	621	792
Equity earnings of joint ventures	(2,499)	(291)
Deferred income taxes	(1,710)
Change in operating assets and liabilities:
Receivables	4,330	4,085
Inventories	(6,811)	(403)
Other assets	(4,813)	(2,541)
Accounts payable and accrued liabilities	(2,478)	(248)
Other, net	(33)	(148)
Net cash provided by operating activities	1,038	10,001
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in joint ventures		(100)
Loan to joint ventures		(1,400)
Repayment from loan to joint ventures	150	75
Purchase of property, plant and equipment	(14,349)	(16,329)
Proceeds received on sale of property, plant, and equipment	2
Net cash used in investing activities	(14,197)	(17,754)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under credit facility	18,000	21,000
Repayments of borrowings under credit facility	(2,000)	(21,000)
Contribution from non-controlling interest of subsidiaries		2,940
Dividends paid to non-controlling interests of subsidiaries	(2,017)	(1,764)
Dividends paid	(1,017)	(1,006)
Exercise of stock options and employee stock purchases	190	160
Net cash provided by financing activities	13,156	330
Foreign currency impact on cash	27	136
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	24	(7,287)
CASH AND CASH EQUIVALENTS
Beginning of period	8,361	15,477
End of period	8,385	8,190
Cash paid during the period for:
Income taxes	1,351	1,026
Interest	424	167
Non-cash investing activities:
Change in capital expenditures in accounts payable	$ (1,228)	$ (2,051)

Basis of Financial Statements	6 Months Ended
Basis of Financial Statements	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Financial Statements	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 (“WITTE”) of Velbert, Germany, and ADAC Automotive (“ADAC”) of Grand Rapids, Michigan. Under this relationship, STRATTEC, WITTE and ADAC market the products of each company to global customers under the “VAST” brand name (as more fully described herein). STRATTEC products are shipped to customer locations in the United States, Canada, Mexico, Europe, South America, Korea, China and India, and we provide full service and aftermarket support for each VAST partner’s products. We also maintain a 51 percent interest in a joint venture, STRATTEC Advanced Logic, LLC (“SAL LLC”), which was formed to introduce a new generation of biometric security products based on the designs of Actuator Systems, our partner and the owner of the remaining ownership interest. Currently, we, along with our joint venture partner, are winding down operating the business of SAL LLC. 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 and Leon, Mexico. Equity investments in Vehicle Access Systems Technology LLC (“VAST LLC”) and SAL 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, one wholly owned subsidiary in Brazil and one joint venture entity in India. SAL LLC is located in El Paso, Texas. We have only one reporting segment. In the opinion of management, the accompanying condensed consolidated balance sheets as of December 31, 2017 and July 2, 2017, which have 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 the financial statements and notes thereto included in the STRATTEC SECURITY CORPORATION 2017 Annual Report, which was filed with the Securities and Exchange Commission as an exhibit to our Form 10-K on September 7, 2017.

New Accounting Standards	6 Months Ended
New Accounting Standards	Dec. 31, 2017
Accounting Changes And Error Corrections [Abstract]
New Accounting Standards	New Accounting Standards In May 2014, the FASB issued an update to the accounting guidance for the recognition of revenue arising from contracts with customers. The update supersedes most current revenue recognition guidance and outlines a single comprehensive model for revenue recognition based on the principle that an entity should recognize revenue in an amount that reflects the expected consideration to be received in the exchange of goods and services. The guidance update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. The guidance permits two methods of adoption: the full retrospective method, which requires retrospective restatement of each prior reporting period presented, or the modified retrospective method, which requires the cumulative effect of initially applying the guidance be recognized at the date of initial application. Currently, we do not expect the adoption of this standard to have a material impact on our results of operations or financial position; however, we expect to expand disclosures in line with the requirements of the new standard. We currently do not expect any changes to how we account for reimbursable pre-production costs, which are currently accounted for as a cost reduction. We expect revenue related to parts shipped under our production contracts to remain unchanged. We will adopt this standard as of July 2, 2018, the first day of our 2019 fiscal year. We currently plan to adopt the new standard using the modified retrospective approach. In August 2014, the FASB issued an update to the accounting guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new guidance requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. This accounting update is effective for annual and interim periods beginning on or after December 15, 2016, with early adoption permitted. The adoption of this pronouncement did not have a material impact on our consolidated financial statements. In July 2015, the FASB issued an accounting standard to simplify the measurement of inventory by changing the subsequent measurement guidance from the lower of cost or market to the lower of cost and net realizable value for inventory. The standard update is effective for fiscal years beginning after December 15, 2016 and interim periods within those years, and early adoption was permitted. The standard is to be applied prospectively. The adoption of this pronouncement did not have a material impact on our consolidated financial statements. In February 2016, the FASB issued an update to the accounting guidance for leases. The update increases the transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and to disclose key information about leasing arrangements. The guidance is effective for fiscal years beginning after December 15, 2018 and interim periods within those years. We do not expect that the adoption of this pronouncement will have a material impact on our consolidated financial statements. In March 2016, the FASB issued an update to the accounting guidance for share-based payments. The update simplifies several aspects of the accounting for employee share-based payment transactions including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification of such items in the statement of cash flows. The guidance is effective for fiscal years beginning after December 15, 2016 and interim periods within those years. The adoption of this pronouncement did not have a material impact on our consolidated financial statements. In August 2016, the FASB issued an update to the accounting guidance on the classification of certain cash receipts and cash payments. The update aims to eliminate diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those years. We do not expect that the adoption of this pronouncement will have a material impact on our consolidated financial statements. In March 2017, the FASB issued an update to the accounting guidance for the presentation of net periodic pension cost and net periodic postretirement benefit cost. The update requires the service cost component of net periodic benefit cost be reported in the same line items as other compensation costs arising from services rendered by the pertinent employees during the applicable period. The remaining components of net periodic benefit cost are required to be presented separately from the service cost component outside a subtotal of income from operations. Additionally, the update allows only the service cost component to be eligible for capitalization when applicable. The guidance requires retrospective restatement for each period presented for the presentation of the service cost component and the other components of net periodic benefit cost in the income statement and prospective application for the capitalization of the service cost component of net periodic benefit cost. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those years, with early adoption permitted. We elected early adoption beginning with the interim periods of our fiscal 2018. The adoption of this guidance resulted in the reclassification of expense within our Condensed Consolidated Statements of Income and Comprehensive Income (Loss) for the three and six months ended January 1, 2017 of $199,000 and $397,000, respectively, from cost of goods sold to Other income, net and $86,000 and $173,000, respectively, from engineering, selling and administrative expenses to Other Income, net.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=66092750

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305

+ Details

Derivative Instruments

6 Months Ended

Dec. 31, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments

We own and operate manufacturing operations in Mexico. As a result, a portion of our manufacturing costs are incurred in Mexican pesos, which causes our earnings and cash flows to fluctuate due to changes in the U.S. dollar/Mexican peso exchange rate. We executed contracts with Bank of Montreal that provide for bi-weekly and monthly Mexican peso currency forward contracts for a portion of our estimated peso denominated operating costs. The peso currency forward contracts include settlement dates that began on October 16, 2015 and end on June 15, 2018. Our objective in entering into these currency forward contracts is to minimize our earnings volatility resulting from changes in exchange rates affecting the U.S. dollar cost of our Mexican operations. The Mexican peso forward contracts are not used for speculative purposes and are not designated as hedges. As a result, all currency forward contracts are recognized in our accompanying condensed consolidated financial statements at fair value and changes in the fair value are reported in current earnings as part of Other Income, net.

The following table quantifies the outstanding Mexican peso forward contracts as of December 31, 2017 (thousands of dollars, except average forward contractual exchange rates):

		Effective Dates		Notional Amount				Average Forward Contractual Exchange Rate				Fair Value
Buy MXP/Sell USD		January 12, 2018 - June 15, 2018		$	9,000				20.08			$	42

The fair market value of all outstanding Mexican peso forward contracts in the accompanying Condensed Consolidated Balance Sheets was as follows (thousands of dollars):

	December 31, 2017		July 2, 2017
Not Designated as Hedging Instruments:
Other Current Assets:
Mexican Peso Forward Contracts	$	42	$	1,121

The pre-tax effects of the Mexican peso forward contracts are included in Other Income, net on the accompanying Condensed Consolidated Statements of Income and Comprehensive Income (Loss) and consisted of the following (thousands of dollars):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Not Designated as Hedging Instruments:
Realized Gain (Loss)	$	201		$	(576	)	$	659		$	(806	)
Unrealized Loss	$	(821	)	$	(664	)	$	(1,079	)	$	(1,563	)

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624177-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80748-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5708775-113959

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5708773-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624181-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Fair Value of Financial Instruments

6 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

The fair value of our cash and cash equivalents, accounts receivable, accounts payable and borrowings under our credit facility approximated book value as of December 31, 2017 and July 2, 2017. Fair value is defined as the exchange price that would be received for an asset or paid for a liability (an exit price) in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.

The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 (in thousands):

	Fair Value Inputs
	Level 1 Assets: Quoted Prices In Active Markets		Level 2 Assets: Observable Inputs Other Than Market Prices		Level 3 Assets: Unobservable Inputs
Assets:
Rabbi Trust Assets:
Stock Index Funds:
Small Cap	$	281	$	—	$	—
Mid Cap		284		—		—
Large Cap		567		—		—
International		841		—		—
Fixed Income Funds		818		—		—
Mexican Peso Forward Contracts		—		42		—
Total Assets at Fair Value	$	2,791	$	42	$	—

The Rabbi Trust assets fund our amended and restated supplemental executive retirement plan and are included in Other Long-term Assets in the accompanying Condensed Consolidated Balance Sheets. Refer to discussion of Mexican peso forward contracts under Derivative Instruments above. The fair value of the Mexican peso forward contracts considers the remaining term, current exchange rate, and interest rate differentials between the two currencies. There were no transfers between Level 1 and Level 2 assets during the six month period ended December 31, 2017.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Equity Earnings of Joint Ventures

6 Months Ended

Dec. 31, 2017

Equity Method Investments And Joint Ventures [Abstract]

Equity Earnings of Joint Ventures

We hold a one-third interest in a joint venture company, VAST LLC, with WITTE and 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. 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 (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Net Sales	$	45,333		$	34,007		$	83,843		$	59,016
Cost of Goods Sold		35,263			27,124			64,276			47,217
Gross Profit		10,070			6,883			19,567			11,799
Engineering, Selling and Administrative Expenses		6,325			5,212			12,346			9,227
Income From Operations		3,745			1,671			7,221			2,572
Other Income, net		636			730			786			1,171
Income before Provision for Income Taxes		4,381			2,401			8,007			3,743
Provision for Income Taxes		162			405			684			577
Net Income	$	4,219		$	1,996		$	7,323		$	3,166
STRATTEC’s Share of VAST LLC Net Income	$	1,406		$	665		$	2,441		$	1,055
Intercompany Profit Elimination		(2	)		(23	)		(2	)		(23	)
STRATTEC’s Equity Earnings of VAST LLC	$	1,404		$	642		$	2,439		$	1,032

We hold a 51% ownership interest in a joint venture company, SAL LLC, which was formed to introduce a new generation of biometric security products based upon the designs of Actuator Systems LLC, our partner. SAL LLC is considered a variable interest entity based on loans from STRATTEC as discussed below. STRATTEC is not the primary beneficiary and does not control the entity. Accordingly, our investment in SAL LLC is accounted for using the equity method.

SAL LLC maintains a license agreement with Westinghouse allowing SAL LLC to do business as Westinghouse Security. Payments due Westinghouse under the license agreement were guaranteed by STRATTEC. As of December 31, 2017 and July 2, 2017, STRATTEC has a recorded liability equal to the estimated fair value of the future payments due under this guarantee of $250,000. The liability is included in Accrued Liabilities: Other in the accompanying Condensed Consolidated Balance Sheets.

Loans were made from STRATTEC to SAL LLC in support of operating expenses and working capital needs. The outstanding loan amounts totaled $2.6 million as of December 31, 2017 and July 2, 2017. As of each balance sheet date, the outstanding loan amount was eliminated against STRATTEC’s Investment in SAL LLC in the preparation of the consolidated financial statements.

Even though we maintain a 51 percent ownership interest in SAL LLC, effective with our fiscal 2015 fourth quarter, 100 percent of the funding for SAL LLC was being made by loans from STRATTEC to SAL LLC. Therefore, STRATTEC recognized 100 percent of the losses of SAL LLC up to our committed financial support through Equity (Loss) Earnings of Joint Ventures in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income (Loss) for all periods presented in this report. The equity earnings reported for the quarter and year to date periods ended December 31, 2017 was the result of a reduction in our estimated required financial support needed to satisfy the liabilities of SAL LLC.

The following are summarized statements of operations for SAL, LLC (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Net Sales	$	122		$	96		$	230		$	196
Cost of Goods Sold		259			97			411			184
Gross (Loss) Profit		(137	)		(1	)		(181	)		12
Engineering, Selling and Administrative Expenses		(15	)		369			(25	)		706
Loss From Operations		(122	)		(370	)		(156	)		(694	)
Other Expense, net		(64	)		(35	)		(129	)		(47	)
Net Loss	$	(186	)	$	(405	)	$	(285	)	$	(741	)
STRATTEC’s Equity Earnings (Loss) of SAL LLC	$	69		$	(413	)	$	60		$	(741	)

Currently, we, along with our joint venture partner, are winding down operating the business of SAL LLC.

We have sales of component parts to VAST LLC and SAL LLC, purchases of component parts from VAST LLC, expenses charged to VAST LLC for engineering and accounting services and expenses charged to us from VAST LLC for general headquarters expenses. The following table summarizes these related party transactions with VAST LLC and SAL LLC for the periods indicated below (in thousands):

	Three Months Ended				Six Months Ended
	December 31, 2017		January 1, 2017		December 31, 2017		January 1, 2017
Sales to VAST LLC	$	987	$	50	$	1,583	$	103
Sales to SAL, LLC	$	147	$	52	$	182	$	127
Purchases from VAST LLC	$	84	$	71	$	129	$	102
Expenses Charged to VAST LLC	$	171	$	226	$	383	$	454
Expenses Charged from VAST LLC	$	312	$	349	$	530	$	758

Credit Facilities and Guarantees

6 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Credit Facilities and Guarantees

STRATTEC has a $30 million secured revolving credit facility (the “STRATTEC Credit Facility”) with BMO Harris Bank N.A. ADAC-STRATTEC LLC has a $25 million secured revolving credit facility (the “ADAC-STRATTEC Credit Facility”) with BMO Harris Bank N.A., which is guaranteed by STRATTEC. The credit facilities both expire August 1, 2020. Borrowings under either credit facility are secured by our U.S. cash balances, accounts receivable, inventory, and fixed assets located in the U.S. Interest on borrowings under both credit facilities is at varying rates based, at our option, on the London Interbank Offering Rate (“LIBOR”) plus 1.0 percent or the bank’s prime rate. Both credit facilities contain a restrictive financial covenant that requires the applicable borrower to maintain a minimum net worth level. The ADAC-STRATTEC Credit Facility includes an additional restrictive financial covenant that requires the maintenance of a minimum fixed charge coverage ratio. The ADAC-STRATTEC Credit Facility also required that a capital contribution to ADAC-STRATTEC LLC of $6 million collectively from STRATTEC and ADAC be completed by September 30, 2016. This capital contribution was completed as required. STRATTEC’s portion of the capital contribution totaled $3.06 million. As of December 31, 2017, we were in compliance with all financial covenants required by these credit facilities.

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

December 31,

2017

July 2,

2017

STRATTEC Credit Facility

23,000

16,000

ADAC-STRATTEC Credit Facility

23,000

14,000

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

	Six Months Ended
	Average Outstanding Borrowings				Weighted Average Interest Rate
	December 31, 2017		January 1, 2017		December 31, 2017			January 1, 2017
STRATTEC Credit Facility	$	20,308	$	13,673		2.3	%		1.5	%
ADAC-STRATTEC Credit Facility	$	18,082	$	8,703		2.4	%		1.6	%

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies We are from time to time subject to various legal actions and claims incidental to our business, including those arising out of alleged defects, alleged breaches of contracts, product warranties, intellectual property matters and employment related matters. It is our opinion that the outcome of such matters will not have a material adverse impact on our consolidated financial position, results of operations or cash flows. With respect to warranty matters, although we cannot ensure that future costs of warranty claims by customers will not be material, we believe our established reserves are adequate to cover potential warranty settlements. In 1995, we recorded a provision of $3 million for estimated costs to remediate an environmental contamination site at our Milwaukee facility. The facility was contaminated by a solvent spill, which occurred in 1985, from a former above ground solvent storage tank located on the east side of the facility. The reserve was originally established based on third party estimates to adequately cover the cost for active remediation of the contamination. Due to changing technology and related costs associated with active remediation of the contamination, in fiscal 2010, the reserve was adjusted based on updated third party estimates to adequately cover the cost for active remediation of the contamination. Additionally, in fiscal 2016, we obtained updated third party estimates for adequately covering the cost for active remediation of this contamination. Based upon the updated estimates, no further adjustment to the reserve was required. From 1995 through December 31, 2017, costs of approximately $580,000 have been incurred related to the installation of monitoring wells on the property and ongoing monitoring costs. We monitor and evaluate the site with the use of these groundwater monitoring wells. An environmental consultant samples these wells one or two times a year to determine the status of the contamination and the potential for remediation of the contamination by natural attenuation, the dissipation of the contamination over time to concentrations below applicable standards. If such sampling evidences a sufficient degree of and trend toward natural attenuation of the contamination at the site, we may be able to obtain a closure letter from the regulatory authorities resolving the issue without the need for active remediation. If a sufficient degree and trend toward natural attenuation is not evidenced by sampling, a more active form of remediation beyond natural attenuation may be required. The sampling has not yet satisfied all of the requirements for closure by natural attenuation. As a result, sampling continues and the reserve remains at an amount to reflect the estimated cost of active remediation. The reserve is not measured on a discounted basis. We believe, based on findings-to-date and known environmental regulations, that the remaining environmental reserve of $1.3 million at December 31, 2017 is adequate.

Shareholders' Equity

6 Months Ended

Dec. 31, 2017

Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the six month period ended December 31, 2017 was as follows (in thousands):

	Total Shareholders’ Equity			Equity Attributable to STRATTEC			Equity Attributable to Non- Controlling Interest
Balance, July 2, 2017	$	172,714		$	151,088		$	21,626
Net Income		7,104			5,338			1,766
Dividend Declared		(1,017	)		(1,017	)		—
Dividend Declared – Non-controlling Interests of Subsidiaries		(2,017	)		—			(2,017	)
Translation adjustments		(2,294	)		(1,343	)		(951	)
Stock Based Compensation		621			621			—
Pension and Postretirement Adjustment, Net of Tax		555			555			—
Employee Stock Purchases and Stock Option Exercises		190			190			—
Balance, December 31, 2017	$	175,856		$	155,432		$	20,424

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

+ Details

Other Income, Net

6 Months Ended

Dec. 31, 2017

Other Income And Expenses [Abstract]

Other Income, Net

Other Income, net

Net other income included in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income (Loss) primarily included foreign currency transaction gains and losses, realized and unrealized losses on our Mexican peso currency forward contracts, net periodic pension and postretirement benefit (costs) credits, other than the service cost component, and Rabbi Trust gains and losses. Foreign currency transaction gains and losses resulted from activity associated with foreign denominated assets held by our Mexican subsidiaries. We entered into the Mexican Peso currency forward contracts to minimize earnings volatility resulting from changes in exchange rates affecting the U.S. dollar cost of our Mexican operations. Pension and postretirement plan impacts include the components of net periodic benefit cost other than the service cost component. The Rabbi Trust assets fund our amended and restated supplemental executive retirement plan. The investments held in this Trust are considered trading securities.

The impact of these items for each of the periods presented was as follows (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Foreign Currency Transaction Gain	$	556		$	1,808		$	419		$	2,497
Unrealized Loss on Peso Forward Contracts		(821	)		(664	)		(1,079	)		(1,563	)
Realized Gain (Loss) on Peso Forward Contracts		201			(576	)		659			(806	)
Pension and Postretirement Plans		112			(285	)		224			(570	)
Rabbi Trust Gain		103			32			192			115
Other		(42	)		111			(219	)		511
	$	109		$	426		$	196		$	184

Income Taxes	6 Months Ended
Income Taxes	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our income tax provisions for the three and six month periods ended December 31, 2017 were impacted by the Tax Cuts and Jobs Act of 2017 (“the Act”), which was signed into law on December 22, 2017 with an effective date of January 1, 2018. The Act makes broad and complex changes to the U.S. tax code that will affect our fiscal year ending July 1, 2018, including but not limited to (1) a reduction in the U.S. statutory tax rate to 21 percent following its effective date and a change in the measurement of our deferred tax assets and deferred tax liabilities resulting from the reduction in the statutory rate, (2) requiring a one-time transition tax on certain repatriated earnings of foreign subsidiaries that is payable over eight years, and (3) bonus depreciation that will allow for full expensing of qualified property. Section 15 of the Internal Revenue Code stipulates that for our fiscal year ending July 1, 2018, we will have a blended statutory corporate tax rate of 28%, which is based on the applicable statutory tax rates before and after the Act and the number of days in our fiscal year. The SEC staff issued SAB 118, which provides guidance on accounting for the tax effects of the Act. SAB 118 provides a measurement period that should not extend beyond one year from the Act’s enactment date for companies to complete the accounting under ASC 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Act for which the accounting under ASC 740 is complete. To the extent that a company’s accounting for certain income tax effects of the Act is incomplete but is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of the provision of the tax laws that were in effect immediately before the enactment of the Act. In connection with our analysis of the impact of the Act, we have recorded a discrete net tax benefit of $545,000 for the three and six month periods ended December 31, 2017. This net tax benefit primarily consists of (1) the impact of the change in measurement of our deferred tax assets and liabilities, (2) the one-time transition tax on non-previously taxed post 1986 accumulated foreign earnings, and (3) the impact of changing our annualized effective tax rate. For various reasons that are discussed more fully below, we have not completed our accounting for the income tax effects for certain elements of the Act. However, we were able to make reasonable estimates of certain effects and, therefore, recorded provisional adjustments of these elements in the accompanying condensed financial statements. We identified these items as provisional since our analysis of the items is not complete. The Act reduces the corporate tax rate to 21 percent, effective January 1, 2018. For certain of our net deferred tax assets, we have recorded a provisional adjustment to reflect the reduction in the corporate tax rate. While we are able to make a reasonable estimate of the impact of the reduction in the corporate rate, it may be affected by other analyses related to the Act, including, but not limited to, the impact of our calculation of deemed repatriation of deferred foreign income and the impact of full expensing for certain assets. The Deemed Repatriation Transition Tax (“Transition Tax”) is a tax on previously untaxed accumulated and current earnings and profits (E&P) of certain of our foreign subsidiaries. To determine the amount of the Transition Tax, we must determine, in addition to other factors, the amount of post-1986 E&P of the relevant subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings. We were able to make a reasonable estimate of the Transition Tax and recorded a provisional Transition Tax obligation in the accompanying condensed financial statements. However, we are continuing to gather additional information to more precisely compute the amount of the Transition Tax. We must assess whether our valuation allowance analyses are affected by various aspects of the Act (e.g., deemed repatriation of deferred foreign income, Global Intangible Low-Taxed Income (“GILTI”) inclusions, and new categories of Foreign Tax Credits). Since, as discussed herein, we have recorded provisional amounts related to certain portions of the Act, any corresponding determination of the need for or change in a valuation allowance is also provisional. Our accounting for the following elements of the Act is incomplete, and we were not yet able to make reasonable estimates of the effects. Therefore, no provisional adjustments were recorded for the following elements. Because of the complexity of the new GILTI tax rules, we are continuing to evaluate this provision of the Act and the application of ASC 740. Under U.S. GAAP, we are allowed to make an accounting policy choice of either (1) treating taxes due on future U.S. inclusions in taxable income related to GILTI as a current-period expense when incurred (the “period cost method”) or (2) factoring such amounts into a company’s measurement of its deferred taxes (the “deferred method”). Our selection of an accounting policy with respect to the new GILTI tax rules will depend, in part, on analyzing our global income to determine whether we expect to have future U.S. inclusions in taxable income related to GILTI and, if so, what the impact is expected to be. Because whether we expect to have future U.S. inclusions in taxable income related to GILTI depends on not only our current structure and estimated future results of global operations but also our intent and ability to modify our structure and/or our business, we are not yet able to reasonably estimate the effect of this provision of the Act. Therefore, we have not made any adjustments related to potential GILTI tax in our financial statements and have not made a policy decision regarding whether to record deferred taxes on GILTI. Our income tax provisions for the three and six month periods ended January 1, 2017 were impacted by the recognition of a $424,000 deferred tax liability resulting from a change in assertion regarding the permanent reinvestment of earnings from two of our Mexican subsidiaries. Prior to our fiscal 2017 second quarter, the accumulated undistributed earnings from such subsidiaries were considered to be permanently reinvested in Mexico. Accordingly, we did not previously record deferred income taxes on these earnings in our financial statements. During our fiscal 2017 second quarter, the strength of the U.S. dollar to the Mexican peso significantly decreased the U.S. tax cost associated with a distribution from the Mexican entities as compared to the U.S. tax cost associated with such a distribution in prior periods. Consequently, we changed our assertion regarding the permanent reinvestment of earnings from these Mexican subsidiaries. Such earnings were no longer considered permanently reinvested as of January 1, 2017. We repatriated $15 million from Mexico to the U.S. during the quarter ended January 1, 2017, recognized the deferred tax liability resulting from the change in assertion, and concluded that, with some restrictions and tax implications, the remaining current and future accumulated undistributed earnings of these subsidiaries will be available for repatriation as deemed necessary. Additionally, our income tax provisions for the three and six month periods ended December 31, 2017 and January 1, 2017 were affected by the non-controlling interest portion of our pre-tax income. The non-controlling interest impacts the effective tax rate as ADAC-STRATTEC LLC and STRATTEC POWER ACCESS LLC entities are taxed as partnerships for U.S. tax purposes. We are currently subject to a U.S. Federal income tax examination related to our fiscal year 2016.

Earnings Per Share (''EPS'')

6 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Share (''EPS'')

Earnings Per Share (EPS)

Basic earnings per share is computed on the basis of the weighted average number of shares of common stock outstanding during the applicable period. Diluted earnings per share is computed on the basis of the weighted average number of shares of common stock plus the potential dilutive common shares outstanding during the applicable period using the treasury stock method. Potential dilutive common shares include outstanding stock options and unvested restricted stock awards.

A reconciliation of the components of the basic and diluted per-share computations follows (in thousands, except per share amounts):

	Three Months Ended
	December 31, 2017						January 1, 2017
	Net income		Shares		Per-Share Amount		Net income		Shares		Per-Share Amount
Basic Earnings Per Share	$	2,882		3,631	$	0.79	$	398		3,589	$	0.11
Stock Option and Restricted Stock Awards		—		84				—		78
Diluted Earnings Per Share	$	2,882		3,715	$	0.78	$	398		3,667	$	0.11

	Six Months Ended
	December 31, 2017						January 1, 2017
	Net income		Shares		Per-Share Amount		Net income			Shares		Per-Share Amount
Basic Earnings Per Share	$	5,338		3,621	$	1.47	$	1,940			3,583	$	0.54
Stock Option and Restricted Stock Awards		—		77				(1	)		81
Diluted Earnings Per Share	$	5,338		3,698	$	1.44	$	1,939			3,664	$	0.53

The calculation of earnings per share excluded 9,010 and 14,010 share-based payment awards as of December 31, 2017 and January 1, 2017, respectively, because their inclusion would have been anti-dilutive.

Stock-Based Compensation

6 Months Ended

Dec. 31, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

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. As of December 31, 2017, the Board of Directors had designated 1,850,000 shares of common stock available for the grant of awards under the plan. Remaining shares available to be granted under the plan as of December 31, 2017 were 179,914. 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 associates 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 the Board of Directors. The options expire 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 as determined by the Compensation Committee of the Board of Directors. Shares of restricted stock granted under the plan are subject to vesting criteria determined by the Compensation Committee of the Board of Directors at the time the shares are granted and have a minimum vesting period of one year from the date of grant. Unvested restricted shares granted have voting rights, regardless of whether the shares are vested or unvested, but only have the right to receive cash dividends after such shares become vested. Prior to August 2016, the restricted stock grants issued vest 3 to 5 years after the date of grant. As of August 2016, restricted stock grants issued vest 1 to 5 years after the date of grant as determined by the Compensation Committee of the Board of Directors.

The fair value of each stock option grant was estimated as of the date of grant using the Black-Scholes pricing model. 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 for fixed awards with graded vesting schedules is amortized on a straight line basis over the vesting period for the entire award.

A summary of stock option activity under our stock incentive plan for the six months ended December 31, 2017 was as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value (in thousands)
Outstanding, July 2, 2017		138,508		$	29.23
Exercised		(5,434	)	$	25.64
Outstanding, December 31, 2017		133,074		$	29.37		3.9	$	2,212
Exercisable, December 31, 2017		133,074		$	29.37		3.9	$	2,212

The intrinsic value of stock options exercised and the fair value of stock options that vested during the three and six month periods presented below were as follows (in thousands):

	Three Months Ended				Six Months Ended
	December 31, 2017		January 1, 2017		December 31, 2017		January 1, 2017
Intrinsic Value of Options Exercised	$	110	$	26	$	110	$	97
Fair Value of Stock Options Vesting	$	—	$	—	$	—	$	566

No options were granted during the six month periods ended December 31, 2017 or January 1, 2017.

A summary of restricted stock activity under our omnibus stock incentive plan for the six months ended December 31, 2017 was as follows:

	Shares			Weighted Average Grant Date Fair Value
Nonvested Balance, July 2, 2017		75,850		$	60.61
Granted		27,950		$	33.30
Vested		(30,400	)	$	62.99
Forfeited		(2,925	)	$	55.61
Nonvested Balance, December 31, 2017		70,475		$	48.96

As of December 31, 2017, all compensation cost related to outstanding stock options granted under our omnibus stock incentive plan has been recognized. As of December 31, 2017, there was approximately $1.6 million of total unrecognized compensation cost related to unvested restricted stock grants outstanding under the plan. This cost is expected to be recognized over a remaining weighted average period of 1.0 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.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Pension and Postretirement Benefits

6 Months Ended

Dec. 31, 2017

Compensation And Retirement Disclosure [Abstract]

Pension and Postretirement Benefits

We have a qualified, noncontributory defined benefit pension plan (“Qualified Pension Plan”) covering substantially all U.S. associates employed by us prior to January 1, 2010. Benefits under the Qualified Pension Plan are based on credited years of service and final average compensation. Our policy is to fund the Qualified Pension Plan with 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, the Board of Directors amended the Qualified Pension Plan to freeze benefit accruals and future eligibility. The Board of Directors has approved the termination of the Qualified Pension Plan with a proposed termination date of December 31, 2017. The termination of the Qualified Pension Plan is contingent upon receipt of an IRS determination letter that the Qualified Pension Plan was qualified upon termination and approval by the Pension Benefit Guaranty Corporation (“PBGC”). The date the termination will be approved and benefits can be distributed will not be known until we receive all required regulatory approvals. We submitted a request to the IRS for a determination letter that the Qualified Pension Plan is qualified upon termination prior to the end of the 2017 calendar year. We are still waiting for receipt of such notification from the IRS. Depending on the time receipt of IRS and PBGC approval, we intend to distribute Qualified Pension Plan assets prior to the end of the 2018 calendar year. Additionally, in connection with preparing for the termination of the Qualified Pension Plan, we have amended the plan to provide that participants are 100 percent 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, to add a lump sum distribution for employees and terminated vested participants who are not in payment status when Qualified Pension Plan assets are distributed due to the termination and to make certain other conforming amendments to the Qualified Pension Plan to comply with applicable laws that may be required by the IRS or may be deemed necessary or advisable to improve the administration of the Qualified Pension Plan or facilitate its termination and liquidation. We will contribute to the Trust Fund for the Qualified Pension Plan as necessary to ensure there are sufficient assets to provide all Qualified Pension Plan benefits as required by the PBGC. The financial impact of the Qualified Pension Plan termination will be recognized as a settlement of the Qualified Pension Plan liabilities. The settlement date and related financial impact have not yet been determined.

We have historically had in place a noncontributory supplemental executive retirement plan (“SERP”), which prior to January 1, 2014 was a nonqualified defined benefit plan that essentially mirrored the Qualified Pension Plan, but provided benefits in excess of certain limits placed on our Qualified Pension Plan by the Internal Revenue Code. As noted above, we froze our Qualified Pension Plan effective as of December 31, 2009 and the SERP provided benefits to participants as if the Qualified Pension Plan had not been frozen. Because the Qualified Pension Plan was frozen and because new employees were not eligible to participate in the Qualified Pension Plan, our Board of Directors adopted amendments to the SERP on October 8, 2013 that were effective as of December 31, 2013 to simplify the SERP calculation. The SERP is funded through a Rabbi Trust with BMO Harris Bank N.A. Under the amended SERP, participants received an accrued lump-sum benefit as of December 31, 2013 which was credited to each participant’s account. Subsequent to December 31, 2013, each eligible participant receives a supplemental retirement benefit equal to the foregoing lump sum benefit, plus an annual benefit accrual equal to 8 percent of the participant’s base salary and cash bonus, plus annual credited interest on the participant’s account balance. All then current participants as of December 31, 2013 are fully vested in their account balances with any new individuals participating in the SERP effective on or after January 1, 2014 being subject to a five year vesting period. The SERP, which is considered a defined benefit plan under applicable rules and regulations of the Internal Revenue Code, 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 Rabbi Trust assets had a value of $2.8 million at December 31, 2017 and $2.6 million at July 2, 2017, respectively, and are included in Other Long-Term Assets in the accompanying Condensed Consolidated Balance Sheets.

We also sponsor a postretirement health care plan for all U.S. associates hired prior to June 1, 2001. The expected cost of retiree health care benefits is recognized during the years 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 the benefit is further subject to a maximum five year coverage period based on the associate’s retirement date and age. The postretirement health care plan is unfunded.

The service cost component of the net periodic benefit costs under these plans is allocated between Cost of Goods Sold and Engineering, Selling and Administrative Expenses while the remaining components of the net periodic benefit costs are included in Other Income, net in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income (Loss).

The following table summarizes the net periodic benefit cost recognized for each of the periods indicated under these plans (in thousands):

	Pension Benefits						Postretirement Benefits
	Three Months Ended						Three Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Service cost	$	16		$	13		$	4		$	4
Interest cost		964			981		11				13
Expected return on plan assets		(1,527	)		(1,463	)		—			—
Amortization of prior service cost (credit)	3				3			(191	)		(191	)
Amortization of unrecognized net loss	508				807		120				134
Net periodic benefit (credit) cost	$	(36	)	$	341		$	(56	)	$	(40	)

	Pension Benefits						Postretirement Benefits
	Six Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Service cost	$	33		$	27		$	7		$	7
Interest cost		1,928			1,962			22			27
Expected return on plan assets		(3,055	)		(2,927	)		—			—
Amortization of prior service cost (credit)	6				6			(382	)		(382	)
Amortization of unrecognized net loss		1,017			1,614			240			269
Net periodic benefit (credit) cost	$	(71	)	$	682		$	(113	)	$	(79	)

No voluntary contributions were made to the Qualified Pension Plan during the six month period ended December 31, 2017. Voluntary contributions of $5 million were made to the Qualified Pension Plan during the six month period ended January 1, 2017. Additional contributions totaling $3 million are anticipated to be made during the remainder of fiscal 2018.

Accumulated Other Comprehensive Loss

6 Months Ended

Dec. 31, 2017

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Accumulated Other Comprehensive Loss

The following tables summarize the changes in accumulated other comprehensive loss (“AOCL”) for each period presented (in thousands):

	Six Months Ended December 31, 2017
	Foreign Currency Translation Adjustments		Retirement and Postretirement Benefit Plans			Total
Balance, July 2, 2017	$	14,138	$	18,750		$	32,888
Other comprehensive loss before reclassifications		2,294		—			2,294
Income tax		—		—			—
Net other comprehensive loss before reclassifications		2,294		—			2,294
Reclassifications:
Prior service credits (A)		—		376			376
Actuarial gains (A)		—		(1,257	)		(1,257	)
Total reclassifications before tax		—		(881	)		(881	)
Income tax		—		326			326
Net reclassifications		—		(555	)		(555	)
Other comprehensive loss (income)		2,294		(555	)		1,739
Other comprehensive loss attributable to non- controlling interest		951		—			951
Balance, December 31, 2017	$	15,481	$	18,195		$	33,676

	Six Months Ended January 1, 2017
	Foreign Currency Translation Adjustments		Retirement and Postretirement Benefit Plans			Total
Balance, July 3, 2016	$	13,155	$	24,518		$	37,673
Other comprehensive loss before reclassifications		5,031		—			5,031
Income tax		—		—			—
Net other comprehensive loss before Reclassifications		5,031		—			5,031
Reclassifications:
Prior service credits (A)		—		376			376
Unrecognized net loss (A)		—		(1,883	)		(1,883	)
Total reclassifications before tax		—		(1,507	)		(1,507	)
Income tax		—		558			558
Net reclassifications		—		(949	)		(949	)
Other comprehensive loss (income)		5,031		(949	)		4,082
Other comprehensive loss attributable to non- controlling interest		1,003		—			1,003
Balance, January 1, 2017	$	17,183	$	23,569		$	40,752

(A)

Amounts reclassified are included in the computation of net periodic benefit cost, which is included in Other Income, net in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income (Loss). See Pension and Postretirement Benefits note to these Notes to Condensed Consolidated Financial Statements above.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Derivative Instruments (Tables)

6 Months Ended

Dec. 31, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Quantification of Outstanding Mexican Peso Forward Contracts

The following table quantifies the outstanding Mexican peso forward contracts as of December 31, 2017 (thousands of dollars, except average forward contractual exchange rates):

		Effective Dates		Notional Amount				Average Forward Contractual Exchange Rate				Fair Value
Buy MXP/Sell USD		January 12, 2018 - June 15, 2018		$	9,000				20.08			$	42

Fair Market Value of All Outstanding Peso Forward Contracts

The fair market value of all outstanding Mexican peso forward contracts in the accompanying Condensed Consolidated Balance Sheets was as follows (thousands of dollars):

	December 31, 2017		July 2, 2017
Not Designated as Hedging Instruments:
Other Current Assets:
Mexican Peso Forward Contracts	$	42	$	1,121

Pre-Tax Effects of the Peso Forward Contracts

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Not Designated as Hedging Instruments:
Realized Gain (Loss)	$	201		$	(576	)	$	659		$	(806	)
Unrealized Loss	$	(821	)	$	(664	)	$	(1,079	)	$	(1,563	)

Fair Value of Financial Instruments (Tables)

6 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Summary of Financial Assets and Liabilities at Fair Value on Recurring Basis

The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 (in thousands):

	Fair Value Inputs
	Level 1 Assets: Quoted Prices In Active Markets		Level 2 Assets: Observable Inputs Other Than Market Prices		Level 3 Assets: Unobservable Inputs
Assets:
Rabbi Trust Assets:
Stock Index Funds:
Small Cap	$	281	$	—	$	—
Mid Cap		284		—		—
Large Cap		567		—		—
International		841		—		—
Fixed Income Funds		818		—		—
Mexican Peso Forward Contracts		—		42		—
Total Assets at Fair Value	$	2,791	$	42	$	—

Equity Earnings of Joint Ventures (Tables)

6 Months Ended

Dec. 31, 2017

VAST LLC

Summarized Statements of Operations

The following are summarized statements of operations for VAST LLC (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Net Sales	$	45,333		$	34,007		$	83,843		$	59,016
Cost of Goods Sold		35,263			27,124			64,276			47,217
Gross Profit		10,070			6,883			19,567			11,799
Engineering, Selling and Administrative Expenses		6,325			5,212			12,346			9,227
Income From Operations		3,745			1,671			7,221			2,572
Other Income, net		636			730			786			1,171
Income before Provision for Income Taxes		4,381			2,401			8,007			3,743
Provision for Income Taxes		162			405			684			577
Net Income	$	4,219		$	1,996		$	7,323		$	3,166
STRATTEC’s Share of VAST LLC Net Income	$	1,406		$	665		$	2,441		$	1,055
Intercompany Profit Elimination		(2	)		(23	)		(2	)		(23	)
STRATTEC’s Equity Earnings of VAST LLC	$	1,404		$	642		$	2,439		$	1,032

SAL, LLC

Summarized Statements of Operations

The following are summarized statements of operations for SAL, LLC (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Net Sales	$	122		$	96		$	230		$	196
Cost of Goods Sold		259			97			411			184
Gross (Loss) Profit		(137	)		(1	)		(181	)		12
Engineering, Selling and Administrative Expenses		(15	)		369			(25	)		706
Loss From Operations		(122	)		(370	)		(156	)		(694	)
Other Expense, net		(64	)		(35	)		(129	)		(47	)
Net Loss	$	(186	)	$	(405	)	$	(285	)	$	(741	)
STRATTEC’s Equity Earnings (Loss) of SAL LLC	$	69		$	(413	)	$	60		$	(741	)

VAST LLC and SAL LLC

Summarize of Related Party Transaction

The following table summarizes these related party transactions with VAST LLC and SAL LLC for the periods indicated below (in thousands):

	Three Months Ended				Six Months Ended
	December 31, 2017		January 1, 2017		December 31, 2017		January 1, 2017
Sales to VAST LLC	$	987	$	50	$	1,583	$	103
Sales to SAL, LLC	$	147	$	52	$	182	$	127
Purchases from VAST LLC	$	84	$	71	$	129	$	102
Expenses Charged to VAST LLC	$	171	$	226	$	383	$	454
Expenses Charged from VAST LLC	$	312	$	349	$	530	$	758

Credit Facilities and Guarantees (Tables)

6 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of Outstanding Borrowings Under the Credit Facilities

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

December 31,

2017

July 2,

2017

STRATTEC Credit Facility

23,000

16,000

ADAC-STRATTEC Credit Facility

23,000

14,000

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

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

	Six Months Ended
	Average Outstanding Borrowings				Weighted Average Interest Rate
	December 31, 2017		January 1, 2017		December 31, 2017			January 1, 2017
STRATTEC Credit Facility	$	20,308	$	13,673		2.3	%		1.5	%
ADAC-STRATTEC Credit Facility	$	18,082	$	8,703		2.4	%		1.6	%

Shareholders' Equity (Tables)

6 Months Ended

Dec. 31, 2017

Equity [Abstract]

Summary of Activity Impacting Shareholders' Equity

A summary of activity impacting shareholders’ equity for the six month period ended December 31, 2017 was as follows (in thousands):

	Total Shareholders’ Equity			Equity Attributable to STRATTEC			Equity Attributable to Non- Controlling Interest
Balance, July 2, 2017	$	172,714		$	151,088		$	21,626
Net Income		7,104			5,338			1,766
Dividend Declared		(1,017	)		(1,017	)		—
Dividend Declared – Non-controlling Interests of Subsidiaries		(2,017	)		—			(2,017	)
Translation adjustments		(2,294	)		(1,343	)		(951	)
Stock Based Compensation		621			621			—
Pension and Postretirement Adjustment, Net of Tax		555			555			—
Employee Stock Purchases and Stock Option Exercises		190			190			—
Balance, December 31, 2017	$	175,856		$	155,432		$	20,424

Other Income, Net (Tables)

6 Months Ended

Dec. 31, 2017

Other Income And Expenses [Abstract]

Summary of Other Income, Net

The impact of these items for each of the periods presented was as follows (in thousands):

	Three Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Foreign Currency Transaction Gain	$	556		$	1,808		$	419		$	2,497
Unrealized Loss on Peso Forward Contracts		(821	)		(664	)		(1,079	)		(1,563	)
Realized Gain (Loss) on Peso Forward Contracts		201			(576	)		659			(806	)
Pension and Postretirement Plans		112			(285	)		224			(570	)
Rabbi Trust Gain		103			32			192			115
Other		(42	)		111			(219	)		511
	$	109		$	426		$	196		$	184

Earnings Per Share (''EPS'') (Tables)

6 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Reconciliation of the Components of Basic and Diluted Per Share

A reconciliation of the components of the basic and diluted per-share computations follows (in thousands, except per share amounts):

	Three Months Ended
	December 31, 2017						January 1, 2017
	Net income		Shares		Per-Share Amount		Net income		Shares		Per-Share Amount
Basic Earnings Per Share	$	2,882		3,631	$	0.79	$	398		3,589	$	0.11
Stock Option and Restricted Stock Awards		—		84				—		78
Diluted Earnings Per Share	$	2,882		3,715	$	0.78	$	398		3,667	$	0.11

	Six Months Ended
	December 31, 2017						January 1, 2017
	Net income		Shares		Per-Share Amount		Net income			Shares		Per-Share Amount
Basic Earnings Per Share	$	5,338		3,621	$	1.47	$	1,940			3,583	$	0.54
Stock Option and Restricted Stock Awards		—		77				(1	)		81
Diluted Earnings Per Share	$	5,338		3,698	$	1.44	$	1,939			3,664	$	0.53

Stock-Based Compensation (Tables)

6 Months Ended

Dec. 31, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Option Activity Under Our Stock Incentive Plan

A summary of stock option activity under our stock incentive plan for the six months ended December 31, 2017 was as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value (in thousands)
Outstanding, July 2, 2017		138,508		$	29.23
Exercised		(5,434	)	$	25.64
Outstanding, December 31, 2017		133,074		$	29.37		3.9	$	2,212
Exercisable, December 31, 2017		133,074		$	29.37		3.9	$	2,212

Intrinsic Value of Stock Options Exercised and the Fair Value of Stock Options Vested

The intrinsic value of stock options exercised and the fair value of stock options that vested during the three and six month periods presented below were as follows (in thousands):

	Three Months Ended				Six Months Ended
	December 31, 2017		January 1, 2017		December 31, 2017		January 1, 2017
Intrinsic Value of Options Exercised	$	110	$	26	$	110	$	97
Fair Value of Stock Options Vesting	$	—	$	—	$	—	$	566

Summary of Restricted Stock Activity Under Our Stock Incentive Plan

A summary of restricted stock activity under our omnibus stock incentive plan for the six months ended December 31, 2017 was as follows:

	Shares			Weighted Average Grant Date Fair Value
Nonvested Balance, July 2, 2017		75,850		$	60.61
Granted		27,950		$	33.30
Vested		(30,400	)	$	62.99
Forfeited		(2,925	)	$	55.61
Nonvested Balance, December 31, 2017		70,475		$	48.96

Pension and Postretirement Benefits (Tables)

6 Months Ended

Dec. 31, 2017

Compensation And Retirement Disclosure [Abstract]

Summary of Net Periodic Benefit Cost Recognized

The following table summarizes the net periodic benefit cost recognized for each of the periods indicated under these plans (in thousands):

	Pension Benefits						Postretirement Benefits
	Three Months Ended						Three Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Service cost	$	16		$	13		$	4		$	4
Interest cost		964			981		11				13
Expected return on plan assets		(1,527	)		(1,463	)		—			—
Amortization of prior service cost (credit)	3				3			(191	)		(191	)
Amortization of unrecognized net loss	508				807		120				134
Net periodic benefit (credit) cost	$	(36	)	$	341		$	(56	)	$	(40	)

	Pension Benefits						Postretirement Benefits
	Six Months Ended						Six Months Ended
	December 31, 2017			January 1, 2017			December 31, 2017			January 1, 2017
Service cost	$	33		$	27		$	7		$	7
Interest cost		1,928			1,962			22			27
Expected return on plan assets		(3,055	)		(2,927	)		—			—
Amortization of prior service cost (credit)	6				6			(382	)		(382	)
Amortization of unrecognized net loss		1,017			1,614			240			269
Net periodic benefit (credit) cost	$	(71	)	$	682		$	(113	)	$	(79	)

Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Dec. 31, 2017

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Summary of Changes in Accumulated Other Comprehensive Loss

The following tables summarize the changes in accumulated other comprehensive loss (“AOCL”) for each period presented (in thousands):

	Six Months Ended December 31, 2017
	Foreign Currency Translation Adjustments		Retirement and Postretirement Benefit Plans			Total
Balance, July 2, 2017	$	14,138	$	18,750		$	32,888
Other comprehensive loss before reclassifications		2,294		—			2,294
Income tax		—		—			—
Net other comprehensive loss before reclassifications		2,294		—			2,294
Reclassifications:
Prior service credits (A)		—		376			376
Actuarial gains (A)		—		(1,257	)		(1,257	)
Total reclassifications before tax		—		(881	)		(881	)
Income tax		—		326			326
Net reclassifications		—		(555	)		(555	)
Other comprehensive loss (income)		2,294		(555	)		1,739
Other comprehensive loss attributable to non- controlling interest		951		—			951
Balance, December 31, 2017	$	15,481	$	18,195		$	33,676

	Six Months Ended January 1, 2017
	Foreign Currency Translation Adjustments		Retirement and Postretirement Benefit Plans			Total
Balance, July 3, 2016	$	13,155	$	24,518		$	37,673
Other comprehensive loss before reclassifications		5,031		—			5,031
Income tax		—		—			—
Net other comprehensive loss before Reclassifications		5,031		—			5,031
Reclassifications:
Prior service credits (A)		—		376			376
Unrecognized net loss (A)		—		(1,883	)		(1,883	)
Total reclassifications before tax		—		(1,507	)		(1,507	)
Income tax		—		558			558
Net reclassifications		—		(949	)		(949	)
Other comprehensive loss (income)		5,031		(949	)		4,082
Other comprehensive loss attributable to non- controlling interest		1,003		—			1,003
Balance, January 1, 2017	$	17,183	$	23,569		$	40,752

(A)

Basis of Financial Statements (Details Textual)	6 Months Ended
Basis of Financial Statements (Details Textual)	Dec. 31, 2017 Subsidiary Joint_Venture Segment
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of reporting segments related to STRATTEC Security Corporation \| Segment	1
SAL, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
STRATTEC's percentage ownership in joint venture	51.00%
VAST LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
STRATTEC's percentage ownership in joint venture	33.33%
VAST LLC \| CHINA
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of wholly owned subsidiaries	3
VAST LLC \| BRAZIL
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of wholly owned subsidiaries	1
VAST LLC \| INDIA
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of joint venture entities \| Joint_Venture	1

New Accounting Standards (Details Textual) - USD ($)	3 Months Ended	6 Months Ended
New Accounting Standards (Details Textual) - USD ($)	Jan. 01, 2017	Jan. 01, 2017
Cost of goods sold
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Reclassification of expense resulted from adoption of accounting guidance	$ 199,000	$ 397,000
Engineering, selling and administrative expenses
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Reclassification of expense resulted from adoption of accounting guidance	$ 86,000	$ 173,000

Derivative Instruments - (Details Textual) - Mexican Peso Forward Contracts	6 Months Ended
	Dec. 31, 2017
Derivative [Line Items]
Forward contract settlement dates, beginning	Oct. 16, 2015
Forward contract settlement dates, ending	Jun. 15, 2018

Derivative Instruments - Schedule of Quantification of Outstanding Mexican Peso Forward Contracts (Details) - Currency buy sell under contract one	6 Months Ended
	Dec. 31, 2017 USD ($) $ / MXN
Derivative [Line Items]
Effective Dates, Beginning	Jan. 12, 2018
Effective Dates, Ending	Jun. 15, 2018
Notional Amount	$ 9,000,000
Average Forward Contractual Exchange Rate \| $ / MXN	20.08
Fair Value, Asset	$ 42,000

Derivative Instruments - Fair Market Value of All Outstanding Peso Forward Contracts (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jul. 02, 2017
Other Current Assets \| Mexican Peso Forward Contracts
Not Designated as Hedging Instruments:
Fair market value of derivative instruments	$ 42	$ 1,121

Derivative Instruments - Pre-Tax Effects of the Peso Forward Contracts (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Pre-tax effects of the Mexican peso forward contracts
Realized Gain (Loss)	$ 201	$ (576)	$ 659	$ (806)
Unrealized Loss	(821)	(664)	(1,079)	(1,563)
Not Designated as Hedging Instrument \| Other Income (Expense), Net
Pre-tax effects of the Mexican peso forward contracts
Realized Gain (Loss)	201	(576)	659	(806)
Unrealized Loss	$ (821)	$ (664)	$ (1,079)	$ (1,563)

Fair Value of Financial Instruments (Details) $ in Thousands	Dec. 31, 2017 USD ($)
Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	$ 2,791
Level 1 \| Fixed Income Funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	818
Level 1 \| Stock Index Funds \| Small Cap
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	281
Level 1 \| Stock Index Funds \| Mid Cap
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	284
Level 1 \| Stock Index Funds \| Large Cap
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	567
Level 1 \| Stock Index Funds \| International
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	841
Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	42
Level 2 \| Mexican Peso Forward Contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Assets at Fair Value	$ 42

Equity Earnings of Joint Ventures (Details Textual) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 28, 2015	Dec. 31, 2017	Jul. 02, 2017
VAST LLC
Schedule Of Equity Method Investments [Line Items]
STRATTEC's percentage ownership in joint venture		33.33%
SAL LLC
Schedule Of Equity Method Investments [Line Items]
STRATTEC's percentage ownership in joint venture		51.00%
Outstanding balance on loan from STRATTEC to equity method investment		$ 2,600,000	$ 2,600,000
Percentage of funding in joint venture through loans	100.00%	100.00%
Percentage of losses of joint venture, up to committed financial support, recognized by STRATTEC	100.00%	100.00%
SAL LLC \| Westinghouse Agreement
Schedule Of Equity Method Investments [Line Items]
Guarantee liability		$ 250,000	$ 250,000

Equity Earnings of Joint Ventures (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Summarized statements of operations
Equity Earnings (Loss) of Joint Ventures	$ 1,473	$ 229	$ 2,499	$ 291
VAST LLC
Summarized statements of operations
Net Sales	45,333	34,007	83,843	59,016
Cost of Goods Sold	35,263	27,124	64,276	47,217
Gross (Loss) Profit	10,070	6,883	19,567	11,799
Engineering, Selling and Administrative Expense	6,325	5,212	12,346	9,227
Income (Loss) From Operations	3,745	1,671	7,221	2,572
Other Income (Expense), net	636	730	786	1,171
Income before Provision for Income Taxes	4,381	2,401	8,007	3,743
Provision for Income Taxes	162	405	684	577
Net Income (Loss)	4,219	1,996	7,323	3,166
STRATTEC’s Share of VAST LLC Net Income	1,406	665	2,441	1,055
Intercompany Profit Elimination	(2)	(23)	(2)	(23)
Equity Earnings (Loss) of Joint Ventures	1,404	642	2,439	1,032
SAL LLC
Summarized statements of operations
Net Sales	122	96	230	196
Cost of Goods Sold	259	97	411	184
Gross (Loss) Profit	(137)	(1)	(181)	12
Engineering, Selling and Administrative Expense	(15)	369	(25)	706
Income (Loss) From Operations	(122)	(370)	(156)	(694)
Other Income (Expense), net	(64)	(35)	(129)	(47)
Net Income (Loss)	(186)	(405)	(285)	(741)
Equity Earnings (Loss) of Joint Ventures	$ 69	$ (413)	$ 60	$ (741)

Equity Earnings of Joint Ventures (Details 1) - Equity Method Investee - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
VAST LLC
Schedule Of Equity Method Investments [Line Items]
Sales to Joint Venture	$ 987	$ 50	$ 1,583	$ 103
Purchases from VAST LLC	84	71	129	102
Expenses Charged to VAST LLC	171	226	383	454
Expenses Charged from VAST LLC	312	349	530	758
SAL LLC
Schedule Of Equity Method Investments [Line Items]
Sales to Joint Venture	$ 147	$ 52	$ 182	$ 127

Credit Facilities and Guarantees (Details Textual) - USD ($)		6 Months Ended
	Sep. 30, 2016	Dec. 31, 2017
STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Secured revolving credit facility		$ 30,000,000
Credit facility maturity date		Aug. 01, 2020
Interest rate on borrowings under the credit facility		The London Interbank Offering Rate ("LIBOR") plus 1.0 percent or the banks prime rate.
Interest rate - percentage points added to LIBOR - on borrowings under credit facility		1.00%
ADAC-STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Secured revolving credit facility		$ 25,000,000
Credit facility maturity date		Aug. 01, 2020
Interest rate on borrowings under the credit facility		The London Interbank Offering Rate ("LIBOR") plus 1.0 percent or the banks prime rate.
Interest rate - percentage points added to LIBOR - on borrowings under credit facility		1.00%
Capital contribution from partners during the period as required under the credit agreement	$ 6,000,000
ADAC-STRATTEC Credit Facility \| STRATTEC
Line Of Credit Facility [Line Items]
Capital contribution from registrant during the period as required under the credit agreement	$ 3,060,000

Credit Facilities and Guarantees (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jul. 02, 2017
Line Of Credit Facility [Line Items]
Outstanding Borrowing	$ 46,000	$ 30,000
STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Outstanding Borrowing	23,000	16,000
ADAC-STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Outstanding Borrowing	$ 23,000	$ 14,000

- Definition

The carrying value as of the balance sheet date of the noncurrent portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Credit Facilities and Guarantees (Details 1) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017
STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Average Outstanding Borrowings	$ 20,308	$ 13,673
Weighted Average Interest Rate	2.30%	1.50%
ADAC-STRATTEC Credit Facility
Line Of Credit Facility [Line Items]
Average Outstanding Borrowings	$ 18,082	$ 8,703
Weighted Average Interest Rate	2.40%	1.60%

Commitments and Contingencies (Details Textual) - USD ($)	6 Months Ended
	Dec. 31, 2017	Jul. 02, 2017
Commitments And Contingencies Disclosure [Abstract]
Environmental reserve originally established in 1995	$ 3,000,000
Environmental	1,296,000	$ 1,308,000
Cost incurred inception to date on installation and on-going monitoring of wells	$ 580,000

Shareholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Shareholders' Equity (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Summary of activity impacting shareholders' equity
Beginning Balance			$ 172,714
Net income	$ 3,835	$ 1,637	7,104	$ 4,042
Dividend Declared			(1,017)
Dividend Declared – Non-controlling Interests of Subsidiaries			(2,017)
Translation adjustments	(2,591)	(3,408)	(2,294)	(5,031)
Stock Based Compensation			621
Pension and postretirement plans, net of tax	277	$ 474	555	$ 949
Employee Stock Purchases and Stock Option Exercises			190
Ending Balance	175,856		175,856
Equity Attributable to STRATTEC
Summary of activity impacting shareholders' equity
Beginning Balance			151,088
Net income			5,338
Dividend Declared			(1,017)
Translation adjustments			(1,343)
Stock Based Compensation			621
Pension and postretirement plans, net of tax			555
Employee Stock Purchases and Stock Option Exercises			190
Ending Balance	155,432		155,432
Equity Attributable to Non-Controlling Interest
Summary of activity impacting shareholders' equity
Beginning Balance			21,626
Net income			1,766
Dividend Declared – Non-controlling Interests of Subsidiaries			(2,017)
Translation adjustments			(951)
Ending Balance	$ 20,424		$ 20,424

Other Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Other Income, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Other Income And Expenses [Abstract]
Foreign Currency Transaction Gain	$ 556	$ 1,808	$ 419	$ 2,497
Unrealized Loss on Peso Forward Contracts	(821)	(664)	(1,079)	(1,563)
Realized Gain (Loss) on Peso Forward Contracts	201	(576)	659	(806)
Pension and Postretirement Plans	112	(285)	224	(570)
Rabbi Trust Gain	103	32	192	115
Other	(42)	111	(219)	511
Other income, net	$ 109	$ 426	$ 196	$ 184

Income Taxes (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
Income Taxes (Details Textual)	Dec. 31, 2017 USD ($)	Jan. 01, 2017 USD ($) Subsidiary	Dec. 31, 2017 USD ($)	Jan. 01, 2017 USD ($) Subsidiary	Jul. 01, 2018
MEXICO
Income Tax [Line Items]
Deferred tax liability, undistributed forreign earnings		$ 424,000		$ 424,000
Number of subsidiaries \| Subsidiary		2		2
Foreign earnings repatriated		$ 15,000,000		$ 15,000,000
2017 Tax Cuts and Jobs Act
Income Tax [Line Items]
U.S. Federal statutory tax rate effective January 1, 2018, which impacted our fiscal 2018 annual effective tax rate recorded in the current period			21.00%
Period, in years, over which the one-time transition tax on repatriated earnings of foreign subsidiaries is payable			8 years
Discrete net tax benefit recorded as a result of the 2017 Tax Cuts and Jobs Act.	$ 545,000		$ 545,000
2017 Tax Cuts and Jobs Act \| Scenario Forecast
Income Tax [Line Items]
Blended federal statutory tax rate					28.00%

Earnings Per Share (''EPS'') (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Reconciliation of the components of the basic and diluted per share
Net income	$ 2,882	$ 398	$ 5,338	$ 1,940
Net income, Stock Option and Restricted Stock Awards				(1)
Net income, Diluted Earnings Per Share	$ 2,882	$ 398	$ 5,338	$ 1,939
Basic Earnings Per Share, Number of shares	3,631	3,589	3,621	3,583
Stock Option and Restricted Stock Awards, Number of shares	84	78	77	81
Diluted Earnings Per Share, Number of shares	3,715	3,667	3,698	3,664
Basic Earnings Per Share	$ 0.79	$ 0.11	$ 1.47	$ 0.54
Diluted Earnings Per Share	$ 0.78	$ 0.11	$ 1.44	$ 0.53

Earnings Per Share (''EPS'') (Details Textual) - shares	6 Months Ended
Earnings Per Share (''EPS'') (Details Textual) - shares	Dec. 31, 2017	Jan. 01, 2017
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from earnings per share computation	9,010	14,010

Stock-Based Compensation (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options, granted	0	0
Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options expires after date of grant	10 years
Employee Stock Option \| Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	1 year
Employee Stock Option \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	4 years
Restricted stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost related to unvested restricted stock grants	$ 1.6
Weighted average period over which unrecognized compensation is expected to be recognized	1 year
Restricted stock \| Minimum \| Prior to August 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	3 years
Restricted stock \| Minimum \| August 2016 and Thereafter
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	1 year
Restricted stock \| Maximum \| Prior to August 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	5 years
Restricted stock \| Maximum \| August 2016 and Thereafter
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period after the date of grant	5 years
Omnibus Stock Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation arrangement by share based payment award number of shares authorized	1,850,000
Shares of common stock available for grant	179,914

Stock-Based Compensation (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2017 USD ($) $ / shares shares
Summary of stock option activity under our stock incentive plan
Shares, Beginning Balance \| shares	138,508
Shares, Exercised \| shares	(5,434)
Shares, Ending Balance \| shares	133,074
Shares, Exercisable \| shares	133,074
Weighted Average Exercise Price, Beginning Balance \| $ / shares	$ 29.23
Weighted Average Exercise Price, Exercised \| $ / shares	25.64
Weighted Average Exercise Price, Ending Balance \| $ / shares	29.37
Weighted Average Exercise Price, Exercisable \| $ / shares	$ 29.37
Weighted Average Remaining Contractual Term, Outstanding	3 years 10 months 24 days
Weighted Average Remaining Contractual Term, Exercisable, Outstanding	3 years 10 months 24 days
Aggregate Intrinsic Value, Outstanding \| $	$ 2,212
Aggregate Intrinsic Value, Outstanding \| $	$ 2,212

Stock-Based Compensation (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Intrinsic value of stock options exercised and the fair value of stock options vested
Intrinsic Value of Options Exercised	$ 110	$ 26	$ 110	$ 97
Fair Value of Stock Options Vesting				$ 566

Stock-Based Compensation (Details 2) - Restricted stock	6 Months Ended
Stock-Based Compensation (Details 2) - Restricted stock	Dec. 31, 2017 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested, Shares Beginning Balance \| shares	75,850
Granted, Shares \| shares	27,950
Vested, Shares \| shares	(30,400)
Forfeited, Shares \| shares	(2,925)
Nonvested, Shares Ending Balance \| shares	70,475
Nonvested, Weighted Average Grant Date Fair Value Beginning Balance \| $ / shares	$ 60.61
Granted, Weighted Average Grant Date Fair Value \| $ / shares	33.30
Vested, Weighted Average Grant Date Fair Value \| $ / shares	62.99
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	55.61
Nonvested, Weighted Average Grant Date Fair Value Ending Balance \| $ / shares	$ 48.96

Pension and Postretirement Benefits (Details Textual) - USD ($)	6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Jul. 02, 2017
Defined Benefit Plan Disclosure [Line Items]
Proposed date the Board of Directors approved to terminate the qualified retirement plan	Dec. 31, 2017
Qualified Retirement Plan participants' vesting percentage as of the final termination date of the plan	100.00%
Termination Of Qualified Pension Plan Description	The Board of Directors has approved the termination of the Qualified Pension Plan with a proposed termination date of December 31, 2017. The termination of the Qualified Pension Plan is contingent upon receipt of an IRS determination letter that the Qualified Pension Plan was qualified upon termination and approval by the Pension Benefit Guaranty Corporation (“PBGC”). The date the termination will be approved and benefits can be distributed will not be known until we receive all required regulatory approvals. We submitted a request to the IRS for a determination letter that the Qualified Pension Plan is qualified upon termination prior to the end of the 2017 calendar year. We are still waiting for receipt of such notification from the IRS. Depending on the time receipt of IRS and PBGC approval, we intend to distribute Qualified Pension Plan assets prior to the end of the 2018 calendar year. Additionally, in connection with preparing for the termination of the Qualified Pension Plan, we have amended the plan to provide that participants are 100 percent 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, to add a lump sum distribution for employees and terminated vested participants who are not in payment status when Qualified Pension Plan assets are distributed due to the termination and to make certain other conforming amendments to the Qualified Pension Plan to comply with applicable laws that may be required by the IRS or may be deemed necessary or advisable to improve the administration of the Qualified Pension Plan or facilitate its termination and liquidation.
Rabbi Trust Assets - SERP	$ 2,800,000		$ 2,600,000
Postretirement plan annual benefit limit for future eligible retirees	$ 4,000
Other postretirement benefits maximum benefit period	5 years
Contributions to the qualified pension plan	$ 0	$ 5,000,000
Expected additional employer contributions during remainder of fiscal 2017	$ 3,000,000
Supplemental Employee Retirement Plan, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Percentage of participant's base salary received as Supplemental Retirement Benefits	8.00%

Pension and Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Pension Benefits
COMPONENTS OF NET PERIODIC BENEFIT COST:
Service cost	$ 16	$ 13	$ 33	$ 27
Interest cost	964	981	1,928	1,962
Expected return on plan assets	(1,527)	(1,463)	(3,055)	(2,927)
Amortization of prior service cost (credit)	3	3	6	6
Amortization of unrecognized net loss	508	807	1,017	1,614
Net periodic benefit (credit) cost	(36)	341	(71)	682
Postretirement Benefits
COMPONENTS OF NET PERIODIC BENEFIT COST:
Service cost	4	4	7	7
Interest cost	11	13	22	27
Amortization of prior service cost (credit)	(191)	(191)	(382)	(382)
Amortization of unrecognized net loss	120	134	240	269
Net periodic benefit (credit) cost	$ (56)	$ (40)	$ (113)	$ (79)

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2017	Jan. 01, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance			$ 172,714
Other comprehensive loss before reclassifications			2,294	$ 5,031
Net other comprehensive loss before reclassifications			2,294	5,031
Reclassifications:
Prior service credits			376	376
Unrecognized net loss			(1,257)	(1,883)
Total reclassifications before tax			(881)	(1,507)
Reclassifications, income tax			326	558
Net reclassifications			(555)	(949)
Other comprehensive loss (income)	$ 2,314	$ 2,934	1,739	4,082
Other comprehensive loss attributable to non- controlling interest			951	1,003
Ending Balance	175,856		175,856
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance			14,138	13,155
Other comprehensive loss before reclassifications			2,294	5,031
Net other comprehensive loss before reclassifications			2,294	5,031
Reclassifications:
Other comprehensive loss (income)			2,294	5,031
Other comprehensive loss attributable to non- controlling interest			951	1,003
Ending Balance	15,481	17,183	15,481	17,183
Retirement and Postretirement Benefit Plans
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance			18,750	24,518
Reclassifications:
Prior service credits			376	376
Unrecognized net loss			(1,257)	(1,883)
Total reclassifications before tax			(881)	(1,507)
Reclassifications, income tax			326	558
Net reclassifications			(555)	(949)
Other comprehensive loss (income)			(555)	(949)
Ending Balance	18,195	23,569	18,195	23,569
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance			32,888	37,673
Reclassifications:
Ending Balance	$ 33,676	$ 40,752	$ 33,676	$ 40,752

Fair Value of Financial Instruments (Details Textual)	Dec. 31, 2017 USD ($)
Fair Value Disclosures [Abstract]
Fair value, assets, level 1 to level 2 transfers, amount	$ 0