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Credit Facilities and Guarantees (Tables)
12 Months Ended
Jun. 29, 2014
Schedule of Outstanding Borrowings Under the Credit Facilities

Outstanding borrowings under the Credit Facilities were as follows (thousands of dollars):

 

 

  

June 29, 2014

 

  

June 30, 2013

 

STRATTEC Credit Facility

  

$

—  

  

  

$

—  

  

ADAC-STRATTEC Credit Facility

  

$

2,500

  

  

$

2,250

  

 

Schedule of Average Outstanding Borrowings and the Weighted Average Interest Rate

Average outstanding borrowings and the weighted average interest rate under each Credit Facility during 2014 and 2013 were as follows (thousands of dollars):

 

 

  

Average Outstanding
Borrowings

 

 

Weighted Average
Interest Rate

 

 

  

2014

 

  

2013

 

 

2014

 

 

2013

 

STRATTEC Credit Facility

  

$

—  

  

  

$

—  

  

 

 

—  

 

 

—  

ADAC-STRATTEC Credit Facility

  

$

2,643

  

  

$

1,696

 

 

 

1.7

%

 

 

2.0