STRATTEC SECURITY CORP Earnings Per Share Disclosure
NOTE 9. EARNINGS PER SHARE
A reconciliation of the components of the basic and diluted per-share computations follows (in thousands, except per share amounts):
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Years Ended |
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June 29, 2025 |
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June 30, 2024 |
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Net income attributable to Strattec |
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$ |
18,685 |
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$ |
16,313 |
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Basic weighted-average shares outstanding |
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4,030 |
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3,975 |
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Effect of dilutive securities - employee stock compensation plan |
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46 |
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|
29 |
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Diluted weighted-average shares outstanding |
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4,076 |
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|
4,004 |
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Earnings per share attributable to Strattec |
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Basic |
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$ |
4.64 |
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$ |
4.10 |
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Diluted |
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$ |
4.58 |
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$ |
4.07 |
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Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 25, 2025 | Showing above |
| 2024 | Sep 5, 2024 | |
| 2023 | Sep 7, 2023 | |
| 2022 | Sep 8, 2022 | |
| 2019 | Sep 5, 2019 | |
| 2018 | Sep 6, 2018 | |
| 2017 | Sep 7, 2017 | |
| 2016 | Sep 8, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.