0001564590-20-041350 | 10-K | XBRL Viewer

$ 86,055

^[1]

$ 170,994

^[1]

$ 169,511

^[1]

$ 179,949

^[1]

$ 179,493

^[2]

$ 179,989

^[2]

$ 167,711

^[2]

$ 181,611

^[2]

$ 606,509

$ 708,804

$ 678,912

567,469

642,496

592,484

Selling, general and administrative expenses

(9,451)

^[3]

15,383

^[3]

15,665

^[3]

17,443

^[3]

18,342

^[4]

13,791

^[4]

14,156

^[4]

20,019

^[4]

39,040

66,308

86,428

43,814

52,690

56,077

Provision (benefit) for bad debts

1,739

308

(38)

Other operating expense, net

2,308

2,350

1,590

Operating (loss) income

(8,821)

10,960

28,799

Interest income

(722)

(628)

(560)

Interest expense

4,779

5,414

4,935

Equity in loss (earnings) of unconsolidated affiliates

477

(3,968)

(5,787)

Gain on sale of investment in unconsolidated affiliate

(2,284)

Impairment of investment in unconsolidated affiliate

45,194

Loss on extinguishment of debt

131

(Loss) income before income taxes

(56,265)

10,011

30,211

Provision (benefit) for income taxes

$ 972

972

7,555

(1,491)

Net (loss) income

$ (20,247)

^[5]

$ (41,111)

^[5]

$ 409

^[5]

$ 3,712

^[5]

$ 1,002

^[6]

$ (1,529)

^[6]

$ 1,171

^[6]

$ 1,812

^[6]

$ (57,237)

$ 2,456

$ 31,702

Net (loss) income per common share:

Basic

$ (1.10)

^[7]

$ (2.23)

^[7]

$ 0.02

^[7]

$ 0.20

^[7]

$ 0.05

^[7]

$ (0.08)

^[7]

$ 0.06

^[7]

$ 0.10

^[7]

$ (3.10)

$ 0.13

$ 1.73

Diluted

$ (1.10)

^[7]

$ (2.23)

^[7]

$ 0.02

^[7]

$ 0.20

^[7]

$ 0.05

^[7]

$ (0.08)

^[7]

$ 0.06

^[7]

$ 0.10

^[7]

$ (3.10)

$ 0.13

$ 1.70

[1]	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic
[2]	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.
[3]	Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.
[4]	Gross profit for the fiscal quarter ended December 30, 2018 includes the adverse impact of a raw material cost spike that could not be effectively offset with timely corresponding selling price increases. Gross profit for the fiscal quarters ended December 30, 2018 and March 31, 2019 includes the adverse impact of significant competitive pressure caused by elevated levels of polyester textured yarn imports.
[5]	Net loss for the fiscal quarter March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.
[6]	Net income for the fiscal quarter ended June 30, 2019 includes severance charges for involuntary terminations.
[7]	(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Net (loss) income	$ (57,237)	$ 2,456	$ 31,702
Other comprehensive loss:
Foreign currency translation adjustments	(21,027)	(681)	(9,250)
Changes in interest rate swaps, net of tax of $446, $671 and $824, respectively	(1,458)	(2,235)	2,243
Other comprehensive loss, net	(20,577)	(2,696)	(7,653)
Comprehensive (loss) income	(77,814)	(240)	24,049
Unconsolidated Affiliates [Member]
Other comprehensive loss:
Foreign currency translation adjustments	$ 1,908	$ 220	$ (646)

Organization Consolidation And Presentation Of Financial Statements [Abstract]

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Comprehensive (Loss) Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Statement Of Income And Comprehensive Income [Abstract]
Changes in interest rate swaps, tax	$ 446	$ 671	$ 824

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Jun. 25, 2017	$ 360,806	$ 1,823	$ 51,923	$ 339,940	$ (32,880)
Balance (in shares) at Jun. 25, 2017		18,230,000
Options exercised	219	$ 9	210
Options exercised (in shares)		86,000
Stock-based compensation	5,075		5,075
Stock-based compensation (in shares)		4,000
Conversion of restricted stock units		$ 4	(4)
Conversion of restricted stock units (in shares)		47,000
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions	(479)	$ (1)	(478)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)		(14,000)
Other comprehensive loss, net of tax	(7,653)				(7,653)
Adoption of ASU No. 2018-02 \| Accounting Standards Update No. 2018-02 [Member]	111			111
Net income (loss)	31,702			31,702
Balance at Jun. 24, 2018	389,781	$ 1,835	56,726	371,753	(40,533)
Balance (in shares) at Jun. 24, 2018		18,353,000
Options exercised	483	$ 6	477
Options exercised (in shares)		61,000
Stock-based compensation	2,892	$ 1	2,891
Stock-based compensation (in shares)		10,000
Conversion of restricted stock units		$ 6	(6)
Conversion of restricted stock units (in shares)		61,000
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions	(530)	$ (2)	(528)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)		(23,000)
Other comprehensive loss, net of tax	(2,696)				(2,696)
Adoption of the new revenue recognition guidance \| Accounting Standards Update 2014-09	459			459
Net income (loss)	2,456			2,456
Balance at Jun. 30, 2019	$ 392,845	$ 1,846	59,560	374,668	(43,229)
Balance (in shares) at Jun. 30, 2019	18,462,296	18,462,000
Options exercised	$ 29	$ 1	28
Options exercised (in shares)	12,000	10,000
Stock-based compensation	$ 3,611	$ 1	3,610
Stock-based compensation (in shares)		4,000
Conversion of restricted stock units		$ 8	(8)
Conversion of restricted stock units (in shares)		76,000
Common stock repurchased and retired underpublicly announced programs	(1,994)	$ (8)	(279)	(1,707)
Common stock repurchased and retired under publicly announced program (in shares)		(84,000)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions	(522)	$ (3)	(519)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)		(22,000)
Other comprehensive loss, net of tax	(20,577)				(20,577)
Net income (loss)	(57,237)			(57,237)
Balance at Jun. 28, 2020	$ 316,155	$ 1,845	$ 62,392	$ 315,724	$ (63,806)
Balance (in shares) at Jun. 28, 2020	18,446,436	18,446,000

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Statement Of Cash Flows [Abstract]
Cash and cash equivalents at beginning of year	$ 22,228	$ 44,890	$ 35,425
Operating activities:
Net (loss) income	(57,237)	2,456	31,702
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Equity in loss (earnings) of unconsolidated affiliates	477	(3,968)	(5,787)
Distributions received from unconsolidated affiliates	10,437	2,647	12,236
Depreciation and amortization expense	23,653	23,003	22,585
Impairment of investment in unconsolidated affiliate	45,194
Gain on sale of investment in unconsolidated affiliate	(2,284)
Loss on extinguishment of debt		131
Non-cash compensation expense	3,999	3,258	5,823
Deferred income taxes	(4,011)	423	(5,797)
Other, net	(284)	(691)	(277)
Changes in assets and liabilities:
Receivables, net	29,964	(2,923)	(7,529)
Inventories	15,792	(15,838)	(18,198)
Other current assets	3,625	(1,331)	(382)
Income taxes	(113)	4,754	(573)
Accounts payable and accrued expenses	(17,328)	(5,813)	8,674
Other non-current assets	46	151	(229)
Other non-current liabilities	794	1,025	(4,913)
Net cash provided by operating activities	52,724	7,284	37,335
Investing activities:
Capital expenditures	(18,509)	(24,871)	(25,029)
Proceeds from sale of investment in unconsolidated affiliate	60,000
Other, net	83	(65)	(1,846)
Net cash provided by (used in) investing activities	41,574	(24,936)	(26,875)
Financing activities:
Proceeds from ABL Revolver	122,200	108,100	120,500
Payments on ABL Revolver	(141,600)	(116,800)	(101,700)
Proceeds from ABL Term Loan		20,000
Payments on ABL Term Loan	(10,000)	(7,500)	(10,000)
Payments on finance lease obligations	(6,035)	(7,019)	(7,060)
Common stock repurchased and retired under publicly announced program	(1,994)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions	(522)	(802)	(206)
Proceeds from stock option exercises	29	483	219
Payments of debt financing fees		(720)
Other		(368)	(450)
Net cash (used in) provided by financing activities	(37,922)	(4,626)	1,303
Effect of exchange rate changes on cash and cash equivalents	(3,337)	(384)	(2,298)
Net increase (decrease) in cash and cash equivalents	53,039	(22,662)	9,465
Cash and cash equivalents at end of year	$ 75,267	$ 22,228	$ 44,890

Background

12 Months Ended

Jun. 28, 2020

Background

1. Background

Overview

Unifi, Inc., a New York corporation formed in 1969 (together with its subsidiaries, “UNIFI,” the “Company,” “we,” “us” or “our”), is a multinational company that manufactures and sells innovative recycled and synthetic products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers (UNIFI’s direct customers) that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets (UNIFI’s indirect customers). We refer to these indirect customers as “brand partners.” Polyester products include partially oriented yarn (“POY”), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. Recycled solutions, made from both pre-consumer and post-consumer waste, include plastic bottle flake (“Flake”), polyester polymer beads (“Chip”) and staple fiber. Nylon products include virgin or recycled textured, solution dyed and spandex covered yarns.

UNIFI maintains one of the textile industry’s most comprehensive product offerings that include a range of specialized, value-added and commodity solutions, with principal geographic markets in the Americas, Asia and Europe. UNIFI has direct manufacturing operations in four countries and participates in joint ventures with operations in Israel and the United States (“U.S.”).

Fiscal Year

The fiscal year for Unifi, Inc., its domestic subsidiaries and its subsidiary in El Salvador ends on the Sunday in June or July nearest June 30 of each year. During fiscal 2019, Unifi, Inc. changed its fiscal year end from the last Sunday in June to the Sunday in June or July nearest June 30 of each year.

Unifi, Inc.’s fiscal 2020, 2019 and 2018 ended on June 28, 2020, June 30, 2019 and June 24, 2018, respectively. Unifi, Inc.’s remaining material operating subsidiaries’ fiscal years end on June 30. There have been no significant transactions or events that occurred between Unifi, Inc.’s fiscal year end and such wholly owned subsidiaries’ subsequent fiscal year ends. Unifi, Inc.’s fiscal 2020 and 2018 each consisted of 52 weeks, while fiscal 2019 consisted of 53 weeks.

Reclassifications

Certain reclassifications of prior fiscal years’ data have been made to conform to the current presentation.

Global COVID-19 Pandemic in Calendar 2020

In March 2020, the World Health Organization declared the current COVID-19 outbreak a global pandemic. Global measures taken to reduce the spread of COVID-19 have generated a significant decline in global business activity in the immediate term that may have a lasting impact on the global economy and consumer demand. The duration of the COVID-19 pandemic and its related impact on our business is currently unknown. UNIFI anticipates that the global disruption caused by COVID-19 has and will continue to negatively impact overall global demand and business activity, including for textiles in both the Americas and Asia.

UNIFI evaluated GAAP requirements for the consideration of forecasted financial information, including, but not limited to, the carrying value of long-lived assets in context with the information reasonably available to UNIFI and the unknown future impacts of COVID-19 as of June 28, 2020 and through the date of this filing. As a result of these evaluations, there were no impairments or material changes to asset balances that impacted UNIFI's consolidated financial statements as of and for the period ended June 28, 2020. However, UNIFI's future assessment of the magnitude and duration of COVID-19, as well as other factors, could result in material impacts to the consolidated financial statements in future reporting periods.

As of June 28, 2020, (i) UNIFI was in compliance with all financial covenants under its credit facility and other outstanding indebtedness, (ii) excess availability under the revolving credit facility was $56,392, and (iii) UNIFI held $75,267 of cash and cash equivalents. The impacts of the COVID-19 pandemic will continue to place pressure on our ability to generate cash.

Summary of Significant Accounting Policies

12 Months Ended

Jun. 28, 2020

Notes To Financial Statements [Abstract]

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

UNIFI follows U.S. generally accepted accounting principles (“GAAP”). The significant accounting policies described below, together with the other notes to the accompanying consolidated financial statements that follow, are an integral part of the consolidated financial statements.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of Unifi, Inc. and its subsidiaries in which it maintains a controlling financial interest. All account balances and transactions between Unifi, Inc. and the subsidiaries which it controls have been eliminated. Investments in entities in which UNIFI is able to exercise significant influence, but not control, are accounted for using the equity method. For transactions with entities accounted for under the equity method, any intercompany profits on amounts still remaining are eliminated. Amounts originating from any deferral of intercompany profits are recorded within the account balance to which the transaction specifically relates (e.g., inventory). Only upon settlement of the intercompany transaction with a third party is the deferral of the intercompany profit recognized by UNIFI.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make use of estimates and assumptions that affect the reported amounts of assets and liabilities, certain financial statement disclosures at the date of the financial statements, and the reported amounts of revenues and expenses during the period. UNIFI’s consolidated financial statements include amounts that are based on management’s best estimates and judgments. Actual results may vary from these estimates. These estimates are reviewed periodically to determine if a change is required.

Cash and Cash Equivalents

Cash equivalents are defined as highly liquid, short-term investments having an original maturity of three months or less. Book overdrafts, for which the bank has not advanced cash, if any, are reclassified to accounts payable and reflected as an offset thereto within the accompanying consolidated statements of cash flows.

Receivables

Receivables are stated at their net realizable value. Allowances are provided for known and potential losses arising from quality claims and for amounts owed by customers. Reserves for quality claims are based on historical claim experience and known pending claims and are recorded as a reduction of net sales. The allowance for uncollectible accounts is recorded against operating income and reflects UNIFI’s best estimate of probable losses inherent in its accounts receivable portfolio determined on the basis of historical write off experience, aging of trade receivables, specific allowances for known troubled accounts and other currently available information. Customer accounts are written off against the allowance for uncollectible accounts when they are no longer deemed to be collectible.

Inventories

UNIFI’s inventories are valued at the lower of cost or net realizable value, with the cost for the majority of its inventory determined using the first-in, first-out method. Certain foreign inventories and limited categories of supplies are valued using the average cost method. UNIFI’s estimates for inventory reserves for obsolete, slow-moving or excess inventories are based upon many factors, including historical recovery rates, inventory age, inventory turnover, the expected net realizable value of specific products, and current economic conditions.

Debt Issuance Costs

Debt issuance costs are recorded to long-term debt and amortized as additional interest expense following either the effective interest method or the straight-line method. In the event of any prepayment of its debt obligations, UNIFI accelerates the recognition of a pro-rata amount of issuance costs and records an extinguishment of debt.

Property, Plant and Equipment

Property, plant and equipment (“PP&E”) are stated at historical cost less accumulated depreciation. Plant and equipment under finance leases are stated at the present value of minimum lease payments less accumulated amortization. Additions or improvements that substantially extend the useful life of a particular asset are capitalized. Depreciation is calculated primarily utilizing the straight-line method over the following useful lives:

Asset categories		Useful lives in years
Land improvements		5 to 20
Buildings and improvements		15 to 40
Machinery and equipment		2 to 25
Computer, software and office equipment		3 to 7
Internal software development costs		3
Transportation equipment		3 to 15

Leasehold improvements are depreciated over the lesser of their estimated useful lives or the remaining term of the lease.

Assets under finance leases are amortized in a manner consistent with UNIFI’s normal depreciation policy if ownership is transferred by the end of the lease or if there is a bargain purchase option. If such ownership criteria are not met, amortization occurs over the shorter of the lease term or the asset’s useful life.

UNIFI capitalizes its costs of developing internal software when the software is used as an integral part of its manufacturing or business processes and the technological feasibility has been established. Internal software costs are amortized over a period of three years and, in accordance with the nature of the project, charged to cost of sales or selling, general and administrative expenses (“SG&A”).

Fully depreciated assets are retained in cost and accumulated depreciation accounts until they are removed from service. In the case of disposals, asset costs and related accumulated depreciation amounts are removed from the accounts, and the net amounts, less proceeds from disposal, are included in the determination of net (loss) income and presented within other operating expense, net.

Repair and maintenance costs related to PP&E, which do not significantly increase the useful life of an existing asset or do not significantly alter, modify or change the capabilities or production capacity of an existing asset, are expensed as incurred.

Interest is capitalized for capital projects requiring a construction period.

PP&E and other long-lived assets are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Long-lived assets to be disposed of by sale within one year are classified as held for sale and are reported at the lower of their carrying amount or fair value less cost to sell. Depreciation ceases for all assets classified as held for sale. Long-lived assets to be disposed of other than by sale are classified as held for use until they are disposed of and these assets are reported at the lower of their carrying amount or estimated fair value.

Intangible Assets

Finite-lived intangible assets, such as customer lists, non-compete agreements, licenses, trademarks and patents are amortized over their estimated useful lives. UNIFI periodically evaluates the reasonableness of the useful lives of these assets. Once these assets are fully amortized, they are removed from the accounts. These assets (asset groups) are reviewed for impairment or obsolescence whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If impaired, intangible assets are written down to fair value based on discounted cash flows or other valuation techniques. UNIFI has no intangibles with indefinite lives.

Investments in Unconsolidated Affiliates

UNIFI evaluates its investments in unconsolidated affiliates for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

During fiscal 2020, UNIFI owned a 34% interest in PAL (the “PAL Investment”) and Parkdale, Incorporated (“Parkdale”) owned the majority 66% interest. During March 2020, UNIFI commenced negotiations to sell the PAL Investment to Parkdale. Such negotiations indicated that the fair value of the PAL Investment was less than UNIFI’s carrying value and UNIFI no longer intended to hold the PAL Investment to allow recovery of the carrying value. UNIFI recorded an other-than-temporary impairment of $45,194 to adjust the PAL Investment to fair value. In April 2020, UNIFI and Parkdale finalized negotiations to sell UNIFI’s PAL Investment to Parkdale for $60,000. The transaction closed on April 29, 2020 and UNIFI received $60,000 in cash.

Derivative Instruments

All derivatives are carried on the balance sheet at fair value and are classified according to their asset or liability position and the expected timing of settlement. On the date the derivative contract is entered into, UNIFI may designate the derivative into one of the following categories:

•

Fair value hedge – a hedge of the fair value of a recognized asset or liability or a firm commitment. Changes in the fair value of derivatives designated and qualifying as fair value hedges, as well as the offsetting gains and losses on the hedged items, are reported in income in the same period.

•

Cash flow hedge – a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability. The effective portion of gains and losses on cash flow hedges are recorded in accumulated other comprehensive loss, until the underlying transactions are recognized in income. When the hedged item is realized, gains or losses are reclassified from accumulated other comprehensive loss to current period earnings on the same line item as the underlying transaction.

•

Net investment hedge – if a derivative is used as a foreign currency hedge of a net investment in a foreign operation, its changes in fair value, to the extent effective as a hedge, are recorded in foreign currency translation adjustments in accumulated other comprehensive loss.

Derivatives that are not designated for hedge accounting are marked to market at the end of each period with the changes in fair value recognized in current period earnings. Settlements of any fair value or cash flow derivative contracts are classified as cash flows from operating activities.

Fair Value Measurements

The accounting guidance for fair value measurements and disclosures establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal market, or, if none exists, the most advantageous market, for the specific asset or liability at the measurement date (the exit price). Fair value is based on assumptions that market participants would use when pricing the asset or liability. The hierarchy gives the highest priority to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs. UNIFI uses the following to measure fair value for its assets and liabilities:

•

Level 1 – Observable inputs that reflect quoted prices for identical assets or liabilities in active markets.

•

Level 2 – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability either indirectly or directly.

•

Level 3 – Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability.

The classification of assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement in its entirety.

Income Taxes

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recorded to recognize the expected future tax benefits or costs of events that have been, or will be, reported in different tax years for financial statement purposes than for tax purposes. Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which these items are expected to reverse. UNIFI reviews deferred tax assets to determine if it is more-likely-than-not they will be realized. If UNIFI determines it is not more-likely-than-not that a deferred tax asset will be realized, it records a valuation allowance to reverse the previously recognized benefit. Provision is made for taxes on undistributed earnings of foreign subsidiaries and related companies to the extent that such earnings are not deemed to be permanently invested.

UNIFI recognizes tax benefits related to uncertain tax positions if it believes it is more-likely-than-not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. UNIFI accrues for other tax contingencies when it is probable that a liability to a taxing authority has been incurred and the amount of the contingency can be reasonably estimated. Penalties and interest related to income tax expense, if incurred, are included in provision for income taxes.

Stock-Based Compensation

Compensation expense for stock awards is based on the grant date fair value and expensed over the applicable vesting period. UNIFI has a policy of issuing new shares to satisfy award exercises and conversions. For awards with a service condition and a graded vesting schedule, UNIFI has elected an accounting policy of recognizing compensation cost on a straight-line basis over the requisite service period for each separate vesting portion of the award as if the award was, in-substance, multiple awards.

Foreign Currency Translation

Assets and liabilities of foreign subsidiaries whose functional currency is other than the U.S. Dollar (“USD”) are translated at exchange rates existing at the respective balance sheet dates. Translation gains and losses are not included in determining net (loss) income but are presented in a separate component of accumulated other comprehensive loss. UNIFI translates the results of operations of its foreign operations at the average exchange rates during the respective periods. Transaction gains and losses are included within other operating expense, net.

Revenue Recognition

Revenue is recognized when performance obligations under the terms of a contract with a customer are satisfied, which primarily occurs at a point in time, upon either shipment or delivery to the customer. Revenue is also recognized over time for certain contracts in which the associated inventory produced has no alternative use and for which an enforceable right to payment exists or the associated services have been rendered. Revenue is measured as the amount of consideration UNIFI expects to receive in exchange for completing its performance obligations (i.e., transferring goods or providing services), which includes estimates for variable consideration. Variable consideration includes volume-based incentives and product claims, which are offered within certain contracts between UNIFI and its customers. Sales taxes and value added taxes assessed by governmental entities are excluded from the measurement of consideration expected to be received. Shipping and handling costs incurred after a customer has taken control of our goods are treated as a fulfillment cost and are not considered a separate performance obligation.

Cost of Sales

The major components of cost of sales are: (i) materials and supplies, (ii) labor and fringe benefits, (iii) utility and overhead costs associated with manufactured products, (iv) cost of products purchased for resale, (v) shipping, handling and warehousing costs, (vi) research and development costs, (vii) depreciation expense, and (viii) all other costs related to production or service activities.

Shipping, Handling and Warehousing Costs

Shipping, handling and warehousing costs include costs to store goods prior to shipment, prepare goods for shipment and physically move goods to customers.

Research and Development Costs

Research and development costs include employee costs, production costs related to customer samples, operating supplies, consulting fees and other miscellaneous costs. The cost of research and development is charged to expense as incurred. Research and development costs were as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Research and development costs	$	11,257	$	12,359	$	7,792

Selling, General and Administrative Expenses

The major components of SG&A expenses are: (i) costs of UNIFI’s sales force, marketing and advertising efforts, and commissions, (ii) costs of maintaining UNIFI’s general and administrative support functions including executive management, information technology, human resources, legal and finance, (iii) amortization of intangible assets, and (iv) all other costs required to be classified as SG&A expenses.

Advertising Costs

Advertising costs are expensed as incurred and included in SG&A expenses. UNIFI’s advertising costs include spending for items such as consumer marketing and branding initiatives, promotional items, trade shows, sponsorships and other programs. Advertising costs were as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Advertising costs	$	2,044	$	3,639	$	3,439

Self-Insurance

UNIFI self-insures certain risks such as employee healthcare claims. Reserves for incurred but not reported healthcare claims are estimated using historical data, the timeliness of claims processing, medical trends, inflation and any changes, if applicable, in the nature or type of the plan.

Contingencies

At any point in time, UNIFI may be a party to various pending legal proceedings, claims or environmental actions. Accruals for estimated losses are recorded at the time information becomes available indicating that losses are probable and estimable. Any amounts accrued are not discounted. Legal costs such as outside counsel fees and expenses are charged to expense as incurred.

Recent Accounting Pronouncements

12 Months Ended

Jun. 28, 2020

New Accounting Pronouncements And Changes In Accounting Principles [Abstract]

Recent Accounting Pronouncements

3. Recent Accounting Pronouncements

Issued and Pending Adoption

In June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses. The new guidance requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. Financial institutions and other organizations will begin to use forward-looking information to inform their credit loss estimates. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019 and for interim periods therein, thus beginning with UNIFI’s fiscal 2021 and associated first fiscal quarter. UNIFI has not early adopted this standard. UNIFI does not expect this standard will have a material impact on its consolidated financial position, results of operations or cash flows.

Recently Adopted

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The new guidance is intended to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new lease guidance was adopted in the first quarter of fiscal 2020, and adoption is described in more detail in Note 4, “Leases.”

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). Subsequent ASUs were issued to provide clarity and to defer the effective date of the new guidance. The new revenue recognition guidance eliminates the transaction- and industry-specific revenue recognition guidance under current GAAP and replaces it with a principles-based approach.

Upon adoption in fiscal 2019, UNIFI determined that the impact of the new revenue recognition guidance was immaterial. Accordingly, UNIFI utilized the modified retrospective method of adoption and recorded the impact of open contracts as of June 24, 2018 as an adjustment to the opening balance of fiscal 2019 retained earnings, and prior period balances were not adjusted. Details of the fiscal 2019 adjustment follow. See Note 5, “Revenue Recognition,” for further detail regarding adoption and additional disclosures.

Revenue earned in fourth quarter fiscal 2018 related to contracts open at June 24, 2018	$	8,593
Less associated cost of sales		7,992
Less associated income tax		142
Adjustment to retained earnings for contracts open at June 24, 2018	$	459

There have been no other newly issued or newly applicable accounting pronouncements that have had, or are expected to have, a significant impact on UNIFI’s consolidated financial statements.

Leases

12 Months Ended

Jun. 28, 2020

Leases [Abstract]

Leases

4. Leases

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). UNIFI adopted the new lease guidance utilizing the modified retrospective transition method, applied at the date of adoption, recording existing leases as of the effective date, July 1, 2019. Under this method, no adjustment to comparative prior periods is required and, accordingly, financial statement information and disclosures required under Topic 842 will not be provided for dates and periods prior to July 1, 2019. UNIFI made no adjustment to the July 1, 2019 opening retained earnings balance for fiscal 2020.

UNIFI adopted the following practical expedients and elected the following accounting policies related to this standard update:

•

carry forward of historical lease classifications and accounting treatment for existing land easements;

•

not to reassess whether any expired or existing contracts are or contain leases;

•

not to reassess initial direct costs for any existing leases;

•

the use of hindsight;

•

short-term lease accounting policy election allowing lessees to not recognize right-of-use assets and liabilities for leases with a term of 12 months or less and to recognize lease payments on a straight-line basis over the lease term and variable payments in the period the obligation is incurred; and

•

the option not to separate lease and non-lease components for the transportation equipment asset class.

UNIFI routinely leases sales and administrative office space, warehousing and distribution centers, manufacturing space, transportation equipment, manufacturing equipment, and other information technology and office equipment from third parties. The lease terms range from 1 to 15 years with various options for renewal. There are no residual value guarantees, restrictions, covenants or sub-leases related to these leases. Variable lease payments are determined as the amounts included in the lease payment that are based on the change in index or usage. The adoption of this standard resulted in the recognition of operating lease right-of-use assets of $9,802 and corresponding lease liabilities of $10,105 with the difference adjusting prepayments and accruals on the consolidated balance sheet as of July 1, 2019. UNIFI’s accounting for finance leases remained substantially unchanged. The standard did not materially impact operating results or liquidity. Disclosures related to the amount, timing and uncertainty of cash flows arising from leases are included below.

The following table sets forth the balance sheet location and values of the Company’s lease assets and lease liabilities at June 28, 2020:

Classification	Balance Sheet Location	June 28, 2020
Lease Assets
Operating lease assets	Operating lease assets	$	8,940
Finance lease assets	Property, plant & equipment, net		22,012
Total lease assets		$	30,952

Lease Liabilities
Current operating lease liabilities	Current operating lease liabilities	$	1,783
Current finance lease liabilities	Current portion of long-term debt		3,563
Total current lease liabilities		$	5,346

Non-current operating lease liabilities	Non-current operating lease liabilities	$	7,251
Non-current finance lease liabilities	Long-term debt		7,818
Total non-current lease liabilities		$	15,069

Total lease liabilities		$	20,415

The following table sets forth the components of UNIFI’s total lease cost for fiscal 2020:

	For The Fiscal Year
Lease Cost	June 28, 2020
Operating lease cost	$	2,503
Variable lease cost		483
Finance lease cost:
Amortization of lease assets		2,527
Interest on lease liabilities		439
Short-term lease cost		1,124
Total lease cost	$	7,076

As of June 28, 2020, UNIFI was committed to leasing certain transportation equipment (i) commencing in the second quarter of fiscal 2021 and (ii) comprising finance leases of approximately $727.

As of June 28, 2020, Unifi has not received any COVID-19 rent concessions.

The following table presents supplemental information related to leases at June 28, 2020:

	For The Fiscal Year
Other Information	June 28, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases	$	2,503
Financing cash flows used by finance leases	$	6,035
Non-cash activities:
Leased assets obtained in exchange for new operating lease liabilities	$	5,525
Leased assets obtained in exchange for new finance lease liabilities	$	6,301

UNIFI calculates its operating lease liabilities and finance lease liabilities entered into after the adoption of the new lease standard based upon UNIFI’s incremental borrowing rate (the “IBR”). When determining the IBR, we consider our centralized treasury function and our current credit profile. We then make adjustments to this rate for securitization, the length of the lease term, and leases denominated in foreign currencies. Generally, the IBR for each jurisdiction is the specific risk-free rate for the respective jurisdiction incremented for UNIFI’s corporate credit risk.

The following table sets forth UNIFI's weighted average remaining lease term in years and discount rate percentage used in the calculation of its outstanding lease liabilities as of June 28, 2020:

Weighted Average Remaining Lease Term and Discount Rate	June 28, 2020
Weighted average remaining lease term (years):
Operating leases		6.6
Finance leases		4.2
Weighted average discount rate (percentage):
Operating leases		5.0	%
Finance leases		3.6	%

Lease Maturity Analysis

Future minimum finance lease payments and future minimum payments under non-cancelable operating leases with initial lease terms in excess of one year under Topic 842 as of June 28, 2020 by fiscal year were:

Maturity of Lease Liabilities	Finance Leases			Operating Leases
Fiscal 2021	$	3,989		$	2,168
Fiscal 2022		3,684			1,722
Fiscal 2023		1,308			1,494
Fiscal 2024		1,309			1,223
Fiscal 2025		1,165			1,084
Fiscal years thereafter		1,410			3,071
Total minimum lease payments	$	12,865		$	10,762
Less estimated executory costs		(569	)		—
Less imputed interest		(915	)		(1,728	)
Present value of net minimum lease payments		11,381			9,034
Less current portion of lease obligations		(3,563	)		(1,783	)
Long-term portion of lease obligations	$	7,818		$	7,251

Prior Year Disclosure

As reported in the 2019 Form 10-K under the previous accounting guidance, rental expenses incurred under operating leases and included in operating income consist of the following:

	For the Fiscal Year Ended
	June 30, 2019		June 24, 2018
Rental expenses	$	4,915	$	4,835

Revenue Recognition

12 Months Ended

Jun. 28, 2020

Revenue From Contract With Customer [Abstract]

Revenue Recognition

5. Revenue Recognition

In fiscal 2019, UNIFI adopted the new revenue recognition guidance.

The following table presents disaggregated revenues for UNIFI:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Third-party manufacturer	$	598,510	$	700,077	$	670,239
Service		7,999		8,727		8,673
Net sales	$	606,509	$	708,804	$	678,912

Third-Party Manufacturer

Third-party manufacturer revenue is primarily generated through sales to direct customers. Such sales represent satisfaction of UNIFI’s performance obligations required by the associated revenue contracts. Each of UNIFI’s reportable segments derives revenue from sales to third-party manufacturers.

Service Revenue

Service revenue is primarily generated, as services are rendered, through fulfillment of toll manufacturing of textile products or transportation services governed by written agreements. Such toll manufacturing and transportation services represent satisfaction of UNIFI’s performance obligations required by the associated revenue contracts. The Polyester Segment derives service revenue for toll manufacturing, and the All Other category derives service revenue for transportation services.

Variable Consideration

Volume-based incentives

Volume-based incentives involve rebates or refunds of cash that are redeemable if the customer satisfies certain order volume thresholds during a defined time period. Under these incentive programs, UNIFI estimates the anticipated rebate to be paid and allocates a portion of the estimated cost of the rebate to each underlying sales transaction with the customer.

Product claims

UNIFI generally offers customers claims support or remuneration for defective products. UNIFI estimates the amount of its product sales that may be claimed as defective by its customers and records this estimate as a reduction of revenue in the period the related product revenue is recognized.

For all variable consideration, where appropriate, UNIFI estimates the amount using the expected value method, which takes into consideration historical experience, current contractual requirements, specific known market events and forecasted customer buying and payment patterns. Overall, these reserves reflect UNIFI’s best estimates of the amount of consideration to which the customer is entitled based on the terms of the contracts.

Receivables, Net

12 Months Ended

Jun. 28, 2020

Receivables [Abstract]

Receivables, Net

6. Receivables, Net

Receivables, net consists of the following:

	June 28, 2020			June 30, 2019
Customer receivables	$	54,903		$	89,495
Allowance for uncollectible accounts		(3,796	)		(2,338	)
Reserves for quality claims		(928	)		(961	)
Net customer receivables		50,179			86,196
Other receivables		3,547			2,688
Total receivables, net	$	53,726		$	88,884

The changes in UNIFI’s allowance for uncollectible accounts and reserves for quality claims were as follows:

	Allowance for Uncollectible Accounts			Reserves for Quality Claims
Balance at June 25, 2017	$	(2,222	)	$	(1,278	)
Credited (charged) to costs and expenses		38			(821	)
Translation activity		125			(9	)
Deductions		—			1,544
Balance at June 24, 2018	$	(2,059	)	$	(564	)
Charged to costs and expenses		(308	)		(2,019	)
Translation activity		(9	)		5
Deductions		38			1,617
Balance at June 30, 2019	$	(2,338	)	$	(961	)
Charged to costs and expenses		(1,739	)		(1,251	)
Translation activity		186			10
Deductions		95			1,274
Balance at June 28, 2020	$	(3,796	)	$	(928	)

Amounts credited (charged) to costs and expenses for the allowance for uncollectible accounts are reflected in the provision (benefit) for bad debts and deductions represent amounts written off which were deemed to not be collectible, net of any recoveries. Amounts charged to costs and expenses for the reserves for quality claims are primarily reflected as a reduction of net sales and deductions represent adjustments to either increase or decrease claims based on negotiated amounts or actual versus estimated claim differences.

Inventories

12 Months Ended

Jun. 28, 2020

Inventory Disclosure [Abstract]

Inventories

7. Inventories

Inventories consists of the following:

	June 28, 2020			June 30, 2019
Raw materials	$	42,758		$	55,531
Supplies		9,294			9,020
Work in process		6,267			8,510
Finished goods		55,609			63,111
Gross inventories		113,928			136,172
Inventory reserves		(4,224	)		(2,391	)
Total inventories	$	109,704		$	133,781

The cost for the majority of UNIFI’s inventories is determined using the first-in, first-out method. Certain foreign inventories and limited categories of supplies of $42,451 and $45,122 as of June 28, 2020 and June 30, 2019, respectively, were valued under the average cost method.

Other Current Assets

12 Months Ended

Jun. 28, 2020

Other Assets Current [Abstract]

Other Current Assets

8. Other Current Assets

Other current assets consists of the following:

	June 28, 2020		June 30, 2019
Contract assets	$	4,953	$	7,794
Value-added taxes receivable		2,604		2,519
Vendor deposits		2,349		4,187
Prepaid expenses		1,857		1,856
Total other current assets	$	11,763	$	16,356

Contract assets represents the estimated revenue attributable to UNIFI in connection with completed performance obligations under contracts with customers for which revenue is recognized over time. The contract assets are classified to receivables when the right to payment becomes unconditional. Value-added taxes receivable relates to recoverable taxes associated with the sales and purchase activities of UNIFI’s foreign operations. Vendor deposits primarily relates to down payments made toward the purchase of inventory. Prepaid expenses consists of advance payments for routine operating expenses.

Property, Plant and Equipment, Net

12 Months Ended

Jun. 28, 2020

Property Plant And Equipment [Abstract]

Property, Plant and Equipment, Net

9. Property, Plant and Equipment, Net

PP&E, net consists of the following:

	June 28, 2020			June 30, 2019
Land	$	3,154		$	3,138
Land improvements		16,344			15,249
Buildings and improvements		158,025			161,566
Assets under finance leases		29,857			31,897
Machinery and equipment		602,867			603,950
Computers, software and office equipment		22,677			23,011
Transportation equipment		7,806			5,809
Construction in progress		7,582			6,483
Gross PP&E		848,312			851,103
Less: accumulated depreciation		(636,221	)		(636,135	)
Less: accumulated amortization – finance leases		(7,845	)		(8,181	)
Total PP&E, net	$	204,246		$	206,787

Assets under finance leases consists of the following:

	June 28, 2020		June 30, 2019
Machinery and equipment	$	15,542	$	22,991
Transportation equipment		10,487		5,078
Building improvements		3,828		3,828
Gross assets under finance leases	$	29,857	$	31,897

Depreciation and amortization expense and repair and maintenance expenses were as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Depreciation and amortization expense	$	22,551	$	21,602	$	21,109
Repair and maintenance expenses		18,093		21,226		19,761

Intangible Assets, Net

12 Months Ended

Jun. 28, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

10. Intangible Assets, Net

Intangible assets, net consists of the following:

	June 28, 2020			June 30, 2019
Customer lists	$	1,615		$	23,615
Non-compete agreements		1,875			1,875
Trademarks		455			416
Total intangible assets, gross		3,945			25,906

Accumulated amortization – customer lists		(1,493	)		(23,166	)
Accumulated amortization – non-compete agreements		(813	)		(438	)
Accumulated amortization – trademarks		(227	)		(132	)
Total accumulated amortization		(2,533	)		(23,736	)
Total intangible assets, net	$	1,412		$	2,170

In fiscal 2007, UNIFI purchased certain texturing operations that are included in the Polyester Segment. The valuation of the customer list acquired was determined by estimating the discounted net earnings attributable to the customer relationships that were purchased after considering items such as possible customer attrition. Based on the length and trend of the projected cash flows, an estimated useful life of 13 years was determined. The customer list was fully amortized during fiscal 2020 and the customer list and related accumulated amortization was removed from the Consolidated Balance Sheet in fiscal 2020.

A customer list was recorded in connection with a business combination in fiscal 2014, utilizing similar valuation methods as described in the above fiscal 2007 transaction. The customer list is amortized over a nine-year estimated useful life based on the expected economic benefit.

In fiscal 2018, UNIFI purchased certain dyeing assets that are included in the Polyester Segment. The associated non-compete agreement was valued at $1,875 and is amortized using the straight-line method over its five-year term.

UNIFI capitalizes costs incurred to register trademarks primarily for REPREVE^® in various countries. UNIFI has determined that these trademarks have varying useful lives of up to three years and are being amortized using the straight-line method.

Amortization expense for intangible assets consists of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Customer lists	$	326	$	639	$	843
Non-compete agreements		375		379		205
Trademarks		154		94		62
Total amortization expense	$	855	$	1,112	$	1,110

The following table presents the expected intangible asset amortization for the next five fiscal years:

		Fiscal 2021				Fiscal 2022				Fiscal 2023				Fiscal 2024				Fiscal 2025
Expected amortization		$	570			$	505			$	337			$	—			$	—

Other Non-Current Assets

12 Months Ended

Jun. 28, 2020

Other Assets Noncurrent Disclosure [Abstract]

Other Non-Current Assets

11. Other Non-Current Assets

Other non-current assets include certain vendor deposits of a long-term nature.

Accrued Expenses

12 Months Ended

Jun. 28, 2020

Payables And Accruals [Abstract]

Accrued Expenses

12. Accrued Expenses

Accrued expenses consists of the following:

	June 28, 2020		June 30, 2019
Payroll and fringe benefits	$	8,036	$	9,775
Utilities		1,565		2,061
Deferred revenue		1,279		516
Severance		1,083		2,058
Property taxes		976		999
Current portion of supplemental post-employment plan		5		411
Other		745		1,029
Total accrued expenses	$	13,689	$	16,849

Severance consists of payments due to former executives and employees pursuant to corresponding employment and severance agreements. Other consists primarily of employee-related claims and payments, interest, marketing expenses, freight expenses, rent and other non-income related taxes.

Long-Term Debt

12 Months Ended

Jun. 28, 2020

Debt Disclosure [Abstract]

Long-Term Debt

13. Long-Term Debt

Debt Obligations

The following table presents the total balances outstanding for UNIFI’s debt obligations, their scheduled maturity dates and the weighted average interest rates for borrowings as well as the applicable current portion of long-term debt:

		Weighted Average
	Scheduled	Interest Rate as of	Principal Amounts as of
	Maturity Date	June 28, 2020	June 28, 2020			June 30, 2019
ABL Revolver	December 2023	0.0%	$	—		$	19,400
ABL Term Loan ⁽¹⁾	December 2023	3.2%		87,500			97,500
Finance lease obligations	(2)	3.6%		11,381			11,118
Total debt				98,881			128,018
Current ABL Term Loan				(10,000	)		(10,000	)
Current portion of finance lease obligations				(3,563	)		(5,519	)
Unamortized debt issuance costs				(711	)		(958	)
Total long-term debt			$	84,607		$	111,541

(1)	Includes the effects of interest rate swaps.

(2)	Scheduled maturity dates for finance lease obligations range from July 2020 to November 2027, as further outlined in Note 4, “Leases.”

ABL Facility

On December 18, 2018, Unifi, Inc. and certain of its subsidiaries entered into a Third Amendment to Amended and Restated Credit Agreement and Second Amendment to Amended and Restated Guaranty and Security Agreement (the “2018 Amendment”). The 2018 Amendment amended the Amended and Restated Credit Agreement, dated as of March 26, 2015, by and among Unifi, Inc. and a syndicate of lenders, as previously amended (together with all previous and subsequent amendments, the “Credit Agreement”). The Credit Agreement provides for a $200,000 senior secured credit facility (the “ABL Facility”), including a $100,000 revolving credit facility (the “ABL Revolver”) and a term loan that can be reset up to a maximum amount of $100,000, once per fiscal year, if certain conditions are met (the “ABL Term Loan”). The ABL Facility has a maturity date of December 18, 2023.

The 2018 Amendment made the following changes to the Credit Agreement, among others: (i) extended the maturity date from March 26, 2020 to December 18, 2023 and (ii) decreased the Applicable Margin (as defined in the Credit Agreement) pricing structure for Base Rate Loans (as defined in the Credit Agreement) and LIBOR Rate Loans (as defined in the Credit Agreement) by 25 basis points. In addition, in connection with the 2018 Amendment, the principal amount of the ABL Term Loan was reset from $80,000 to $100,000. Net proceeds from the ABL Term Loan reset were used to pay down the amount outstanding on the ABL Revolver. Additionally, the 2018 Amendment resulted in a loss on extinguishment of debt of $131 in connection with the write-off of certain unamortized debt issuance costs.

In connection and concurrent with the sale of UNIFI’s 34% interest in PAL on April 29, 2020, UNIFI entered into the Fourth Amendment to Amended and Restated Credit Agreement (“Fourth Amendment”). The Fourth Amendment among other things: (i) revised the definition of permitted dispositions within the Credit Agreement to include the sale by Unifi Manufacturing, Inc. of its equity interest in PAL so long as the aggregate net cash proceeds received equaled or exceeded $60,000 and such sale occurred on or before May 15, 2020; (ii) revised the terms of the Credit Agreement to allow the net cash proceeds from the sale of PAL to be applied to the outstanding principal amount of the ABL Revolver until paid in full with the remaining net cash proceeds retained by UNIFI, so long as certain conditions are met; and (iii) revised the terms of the Credit Agreement to allow the lenders to make changes to the benchmark interest rate without further amendment should LIBOR temporarily or permanently cease to exist and a transition to a new benchmark interest rate such as the Secured Overnight Financing Rate (“SOFR”) be required for future ABL Facility borrowings. The Fourth Amendment generated no change in cash flows for the Credit Agreement and, accordingly, followed debt modification accounting.

The ABL Facility is secured by a first-priority perfected security interest in substantially all owned property and assets (together with all proceeds and products) of Unifi, Inc., Unifi Manufacturing, Inc. and certain subsidiary guarantors (collectively, the “Loan Parties”). It is also secured by a first-priority security interest in all (or 65% in the case of UNIFI’s first-tier controlled foreign subsidiary, as required by the lenders) of the stock of (or other ownership interests in) each of the Loan Parties (other than Unifi, Inc.) and certain subsidiaries of the Loan Parties, together with all proceeds and products thereof.

If excess availability under the ABL Revolver falls below the Trigger Level (as defined in the Credit Agreement), a financial covenant requiring the Loan Parties to maintain a fixed charge coverage ratio on a quarterly basis of at least 1.05 to 1.00 becomes effective. The Trigger Level as of June 28, 2020 was $23,438. In addition, the ABL Facility contains restrictions on particular payments and investments, including certain restrictions on the payment of dividends and share repurchases. Subject to specific provisions, the ABL Term Loan may be prepaid at par, in whole or in part, at any time before the maturity date, at UNIFI’s discretion.

ABL Facility borrowings bear interest at LIBOR plus an applicable margin of 1.25% to 1.75%, or the Base Rate (as defined below) plus an applicable margin of 0.25% to 0.75%, with interest currently being paid on a monthly basis. The applicable margin is based on (i) the excess availability under the ABL Revolver and (ii) the consolidated leverage ratio, calculated as of the end of each fiscal quarter. The Base Rate means the greater of (i) the prime lending rate as publicly announced from time to time by Wells Fargo Bank, National Association, (ii) the Federal Funds Rate (as defined in the Credit Agreement) plus 0.5%, and (iii) LIBOR plus 1.0%. UNIFI’s ability to borrow under the ABL Revolver is limited to a borrowing base equal to specified percentages of eligible accounts receivable and inventories and is subject to certain conditions and limitations. There is also a monthly unused line fee under the ABL Revolver of 0.25%.

In 2017, UNIFI entered into three interest rate swaps with Wells Fargo Bank, N.A., with notional amounts of $20,000 (“Swap A”), $30,000 (“Swap B”) and $25,000 (“Swap C”), respectively. The combined designated hedges fix LIBOR at approximately 1.9% for $75,000 of variable rate borrowings through May 24, 2022.

As of June 28, 2020, UNIFI was in compliance with all financial covenants in the Credit Agreement and the excess availability under the ABL Revolver was $56,392. At June 28, 2020, the fixed charge coverage ratio was 0.23 to 1.00 and UNIFI had $0 of standby letters of credit. Management maintains the capability to improve the fixed charge coverage ratio utilizing existing foreign cash and cash equivalents.

Finance Lease Obligations

During fiscal 2020, UNIFI entered into finance lease obligations totaling $6,301 for certain transportation equipment. The maturity date of these obligations range from March 2025 to November 2026 with interest rates ranging from 3.1% to 3.5%. There were no significant finance leases established in fiscal 2019.

Scheduled Debt Maturities

The following table presents the scheduled maturities of UNIFI’s outstanding debt obligations for the following five fiscal years and thereafter:

	Fiscal 2021		Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Thereafter
ABL Revolver	$	—	$	—	$	—	$	—	$	—	$	—
ABL Term Loan		10,000		10,000		10,000		57,500		—		—
Finance lease obligations		3,563		3,388		1,094		1,132		1,028		1,176
Total	$	13,563	$	13,388	$	11,094	$	58,632	$	1,028	$	1,176

Other Long-Term Liabilities

12 Months Ended

Jun. 28, 2020

Other Liabilities Disclosure [Abstract]

Other Long-Term Liabilities

14. Other Long-Term Liabilities

Other long-term liabilities consists of the following:

	June 28, 2020		June 30, 2019
Supplemental post-employment plan	$	3,019	$	2,695
Interest rate swaps		2,551		647
Uncertain tax positions		1,112		1,043
Other		1,924		1,800
Total other long-term liabilities	$	8,606	$	6,185

UNIFI maintains an unfunded supplemental post-employment plan for certain management employees. Each employee’s account is credited annually based upon a percentage of the participant’s base salary, with each participant’s balance adjusted quarterly to reflect the returns of a money market fund. Amounts are paid to participants six months after termination of employment.

Other primarily includes certain retiree and post-employment medical and disability liabilities, payroll tax liabilities, deferred revenue and deferred energy incentive credits.

Income Taxes

12 Months Ended

Jun. 28, 2020

Income Tax Disclosure [Abstract]

Income Taxes

15. Income Taxes

Components of (Loss) Income Before Income Taxes

The components of (loss) income before income taxes consist of the following:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
U.S.	$	(74,905	)	$	(13,326	)	$	(7,852	)
Foreign		18,640			23,337			38,063
(Loss) income before income taxes	$	(56,265	)	$	10,011		$	30,211

Components of Provision (Benefit) for Income Taxes

Provision (benefit) for income taxes consists of the following:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Current:
Federal	$	282		$	(178	)	$	(4,918	)
State		(118	)		28			(416	)
Foreign		4,819			7,282			9,639
Total current tax expense		4,983			7,132			4,305
Deferred:
Federal		(3,783	)		(813	)		(5,315	)
State		116			1,097			(872	)
Foreign		(344	)		139			391
Total deferred tax expense		(4,011	)		423			(5,796	)
Provision (benefit) for income taxes	$	972		$	7,555		$	(1,491	)

U.S. Tax Reform

On December 22, 2017, the U.S. government enacted comprehensive tax legislation H.R. 1, formerly known as the Tax Cuts and Jobs Act. H.R. 1 included significant changes to existing tax law, including a permanent reduction to the U.S. federal corporate income tax rate from 35% to 21%, additional limitations on the deductions for executive compensation and interest expense, and the transition of the U.S. international tax system from a worldwide tax to a territorial tax system. As a fiscal-year taxpayer, certain provisions of H.R. 1 impacted UNIFI in fiscal 2018, including the change in the U.S. federal corporate income tax rate and the one-time transition tax (“toll charge”), while other provisions became effective for UNIFI at the beginning of fiscal 2019. The enactment of H.R. 1 resulted in recording a total provisional tax benefit of $396 for fiscal 2018. For a full description of the impact of H.R. 1 for fiscal 2018, refer to Note 14, “Income Taxes,” in UNIFI’s Annual Report on Form 10-K for fiscal 2018.

In fiscal 2019, UNIFI recorded an additional tax benefit of $843 related to the enactment of H.R. 1, which decreased the effective tax rate for the period by 8.4%. The total tax benefit related to the enactment of H.R. 1 was $1,239, primarily consisting of $3,986 of tax benefit related to the re-measurement of deferred tax balances, and $2,747 of tax expense related to the toll charge, net of foreign tax credits. Although UNIFI no longer considers these amounts provisional, the income tax effects of H.R. 1 may change following future legislation or further interpretation of H.R. 1 based on the publication of guidance from the U.S. Internal Revenue Service (the “IRS”) and state tax authorities.

The Global Intangible Low-Taxed Income (“GILTI”) provisions included in H.R. 1 require that certain income earned by foreign subsidiaries must be currently included in the gross income of the U.S. shareholder. These provisions were effective for UNIFI in fiscal 2019. UNIFI has elected to recognize GILTI as a current-period expense. Under this policy, UNIFI has not provided deferred taxes related to temporary differences that, upon their reversal, will affect the amount of income subject to GILTI in the period.

The GILTI provisions are complex and subject to continuing regulatory interpretation by the IRS. On July 20, 2020, the U.S. Treasury and the IRS issued final regulations under Internal Revenue Code Section 951A relating to the treatment under the GILTI regime of foreign income that is subject to a high rate of tax. The regulations are effective for fiscal 2021, but UNIFI can elect to apply them to fiscal 2019 and 2020. UNIFI is in the process of reviewing and estimating the impact of the regulations, but there is a reasonable possibility that application of the regulations could have a material effect on UNIFI’s future income tax expense.

Utilization of Net Operating Loss Carryforwards

Domestic deferred tax expense includes the utilization of federal net operating loss (“NOL”) carryforwards of $89 and $3,122 for fiscal 2020 and 2019, respectively. Foreign deferred tax expense includes the utilization of NOL carryforwards of $702, $655 and $773 for fiscal 2020, 2019 and 2018, respectively. State deferred tax expense includes the utilization of NOL carryforwards of $20, $106 and $116 for fiscal 2020, 2019 and 2018, respectively.

Effective Tax Rate

Reconciliation from the federal statutory tax rate to the effective tax rate is as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Federal statutory tax rate		21.0	%		21.0	%		28.3	%
Foreign income taxed at different rates		(1.2	)		16.1			(2.4	)
Repatriation of foreign earnings and withholding taxes		(2.0	)		20.3			1.8
U.S. tax on GILTI		(5.0	)		32.5			—
Change in valuation allowance		0.6			(1.5	)		(12.9	)
Foreign tax credits		0.9			(11.9	)		(11.0	)
Domestic production activities deduction		—			(5.6	)		0.5
Research and other business credits		2.0			(7.7	)		(1.8	)
State income taxes, net of federal tax benefit		2.6			(0.6	)		(3.9	)
Change in uncertain tax positions		(0.3	)		8.2			(15.1	)
Nondeductible compensation		(0.8	)		5.1			1.6
Nontaxable income		1.1			(4.2	)		—
Valuation allowance related to loss on sale of investment in PAL		(19.3	)		—			—
Tax expense on unremitted foreign earnings		(0.9	)		—			—
Toll charge		—			0.7			23.9
Revaluation of U.S. deferred balances due to U.S. tax reform		—			3.1			(14.2	)
Nondeductible expenses and other		(0.4	)		—			0.3
Effective tax rate		(1.7	)%		75.5	%		(4.9	)%

Deferred Income Taxes

The significant components of UNIFI’s deferred tax assets and liabilities consist of the following:

	June 28, 2020			June 30, 2019
Deferred tax assets:
Investments, including unconsolidated affiliates	$	3,995		$	5,680
Tax credits		19,457			17,237
Capital loss carryforwards		13,791			1,105
NOL carryforwards		3,907			4,381
Research and development costs		6,073			4,081
Other items		8,429			7,890
Total gross deferred tax assets		55,652			40,374
Valuation allowance		(37,439	)		(26,020	)
Net deferred tax assets		18,213			14,354
Deferred tax liabilities:
PP&E		(17,733	)		(18,325	)
Other		(677	)		(295	)
Total deferred tax liabilities		(18,410	)		(18,620	)
Net deferred tax liabilities	$	(197	)	$	(4,266	)

Deferred Income Taxes – Valuation Allowance

In assessing its ability to realize deferred tax assets, UNIFI considers whether it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. UNIFI considers the scheduled reversal of taxable temporary differences, taxable income in carryback years, projected future taxable income and tax planning strategies in making this assessment. Since UNIFI operates in multiple jurisdictions, the assessment is made on a jurisdiction-by-jurisdiction basis, taking into account the effects of local tax law.

The balances and activity for UNIFI’s deferred tax valuation allowance are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Balance at beginning of year	$	(26,020	)	$	(15,143	)	$	(17,957	)
(Increase) decrease in valuation allowance		(11,419	)		(10,877	)		2,814
Balance at end of year	$	(37,439	)	$	(26,020	)	$	(15,143	)

Components of UNIFI’s deferred tax valuation allowance are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Investments, including unconsolidated affiliates	$	(3,995	)	$	(5,696	)	$	(5,522	)
NOL carryforwards		(2,542	)		(2,943	)		(3,086	)
Capital loss carryforwards		(13,791	)		(1,105	)		(1,105	)
Tax credits		(17,111	)		(16,276	)		(5,430	)
Total deferred tax valuation allowance	$	(37,439	)	$	(26,020	)	$	(15,143	)

During fiscal 2020, UNIFI’s valuation allowance increased by $11,419. The increase was primarily driven by an increase in the valuation allowance on a capital loss generated by the sale of UNIFI’s interest in PAL.

During fiscal 2019, UNIFI’s valuation allowance increased by $10,877. The increase was primarily driven by an increase in the valuation allowance on foreign tax credits and certain state NOLs and credit carryforwards.

During fiscal 2018, UNIFI’s valuation allowance decreased by $2,814. The decrease was primarily driven by the release of a valuation allowance on NOLs outside the U.S. consolidated tax filing group that are now able to be utilized, and a decrease related to U.S. deferred tax assets to reflect the lower federal ending deferred tax rate. The decrease was partially offset by an increase related to foreign tax credit carryforwards for which no benefit can be realized.

Unrecognized Tax Benefits

A reconciliation of beginning and ending gross amounts of unrecognized tax benefits is as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019			June 24, 2018
Balance at beginning of year	$	1,083	$	166		$	4,463
Gross increases related to current period tax positions		98		26			26
Gross increases (decreases) related to tax positions in prior periods		37		980			(119	)
Gross decreases related to settlements with tax authorities		—		—			(4,204	)
Gross decreases related to lapse of applicable statute of limitations		—		(89	)		—
Balance at end of year	$	1,218	$	1,083		$	166

Unrecognized tax benefits would generate a favorable impact of $1,112 on UNIFI’s effective tax rate when recognized. UNIFI does not expect material changes in uncertain tax positions within the next 12 months. Expense (benefit) for interest and penalties recognized by UNIFI within the provision for income taxes was $69, $22 and $(1,030) for fiscal 2020, 2019 and 2018, respectively. UNIFI had $132, $63 and $41 accrued for interest and/or penalties related to uncertain tax positions as of June 28, 2020, June 30, 2019 and June 24, 2018, respectively.

Expiration of Net Operating Loss Carryforwards and Foreign Tax Credits

As of June 28, 2020, UNIFI had U.S. federal capital loss carryforwards of $54,164, U.S. state NOL carryforwards of $57,809 and foreign NOL carryforwards of $6,666, offset by a full valuation allowance. The NOL carryforwards begin expiring in varying amounts in fiscal 2022. As of June 28, 2020, UNIFI had the following carryforward attributes held outside of the U.S. consolidated tax filing group: U.S. federal NOL carryforwards of $4,383, U.S. federal capital loss carryforwards of $4,489, and U.S. state NOL carryforwards of $16,653. The U.S. federal capital loss carryforwards are offset with a full valuation allowance and the U.S. state NOL carryforwards are partially offset by a valuation allowance. The NOL carryforwards held outside of the U.S. consolidated tax filing group begin expiring in fiscal 2021. As of June 28, 2020, UNIFI had U.S. federal foreign tax credit carryforwards of $13,485 and foreign tax credit carryforwards in foreign jurisdictions of $3,265, offset with a full valuation allowance. The foreign tax credit carryforwards begin expiring in varying amounts in fiscal 2021.

Tax Years Subject to Examination

Unifi, Inc. and its domestic subsidiaries file a consolidated federal income tax return, as well as income tax returns in multiple state and foreign jurisdictions. The tax years subject to examination vary by jurisdiction. UNIFI regularly assesses the outcomes of both completed and ongoing examinations to ensure that UNIFI’s provision for income taxes is sufficient.

In fiscal 2020, the IRS initiated an audit for fiscal year 2018 and in fiscal 2019 initiated an audit for fiscal years 2015, 2016 and 2017. The audit was not concluded at the end of fiscal 2020. No material assessment is anticipated. In fiscal 2018, the IRS examined UNIFI’s federal income tax returns for fiscal 2014 and 2015 and re-examined the federal income tax return for fiscal 2013. The examination closed with no proposed adjustments. In fiscal 2016, the North Carolina Department of Revenue initiated an audit for fiscal years 2012 through 2015 related to amended returns the Company filed. The audit was concluded during fiscal 2020 and resulted in taxes and interest of $568 being refunded.

UNIFI is currently under appeal in Colombia for tax years 2006 and 2007. UNIFI believes it is more-likely-than-not to conclude the appeal with no material assessment.

Statutes related to material foreign jurisdictions are open from January 1, 2014 and material state jurisdictions from June 29, 2015. Certain carryforward tax attributes generated in years prior remain subject to examination and could change in subsequent tax years.

Indefinite Reinvestment Assertion

As of June 28, 2020, taxes associated with the repatriation of earnings of foreign subsidiaries were not provided for on a cumulative total of $31,872 of undistributed earnings for certain foreign subsidiaries. UNIFI intends to reinvest these earnings indefinitely in such foreign subsidiaries. If these earnings were distributed in the form of dividends or otherwise, or if the shares of the relevant foreign subsidiaries were sold or otherwise transferred, UNIFI could be subject to additional tax liabilities. The amount of potential unrecognized deferred income tax liability related to these earnings is approximately $3,732.

Shareholders' Equity

12 Months Ended

Jun. 28, 2020

Stockholders Equity Note [Abstract]

Shareholders' Equity

16. Shareholders’ Equity

On October 31, 2018, UNIFI announced that the Board approved a new share repurchase program (the “2018 SRP”) under which UNIFI is authorized to acquire up to $50,000 of its common stock. Under the 2018 SRP, purchases may be made from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The share repurchase authorization is discretionary and has no expiration date. Repurchases, if any, are expected to be financed through cash generated from operations and borrowings under the ABL Revolver, and are subject to applicable limitations and restrictions as set forth in the ABL Facility. UNIFI may discontinue repurchases at any time that management determines additional purchases are not beneficial or advisable.

The following table summarizes UNIFI’s repurchases and retirements of its common stock under the 2018 SRP for the fiscal periods noted:

	Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs		Average Price Paid per Share		Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs
Fiscal 2019		—	$	—	$	50,000
Fiscal 2020		84	$	23.72	$	48,008
Total		84	$	23.72	$	48,008

As of June 28, 2020, $48,008 remained available for repurchase under the 2018 SRP.

Repurchased shares are retired and have the status of authorized and unissued shares. The cost of the repurchased shares is recorded as a reduction to common stock to the extent of the par value of the shares acquired and the remainder is allocated between capital in excess of par value and retained earnings, on a pro rata basis.

No dividends were paid in the three most recent fiscal years.

Stock-Based Compensation

12 Months Ended

Jun. 28, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Compensation

17. Stock-Based Compensation

On October 23, 2013, UNIFI’s shareholders approved the Unifi, Inc. 2013 Incentive Compensation Plan (the “2013 Plan”). The 2013 Plan replaced the 2008 Unifi, Inc. Long-Term Incentive Plan (the “2008 LTIP”). No additional awards can be granted under the 2008 LTIP; however, prior awards outstanding under the 2008 LTIP remain subject to that plan’s provisions. The 2013 Plan authorized the issuance of 1,000 shares of common stock, subject to certain increases in the event outstanding awards under the 2008 LTIP expired, were forfeited or otherwise terminated unexercised.

The 2013 Plan expired in accordance with its terms on October 24, 2018, and the Unifi, Inc. Amended and Restated 2013 Incentive Compensation Plan (the “Amended 2013 Plan”) became effective on that same day, upon approval by shareholders at UNIFI’s annual meeting of shareholders held on October 31, 2018. The Amended 2013 Plan increased the number of shares available for future issuance pursuant to awards granted under the Amended 2013 Plan to 1,250 and removed provisions no longer applicable due to the recent changes to Section 162(m) of the Internal Revenue Code of 1986, as amended. The material terms and provisions of the Amended 2013 Plan are otherwise similar to those of the 2013 Plan. No additional awards can be granted under the 2013 Plan; however, prior awards outstanding under the 2013 Plan remain subject to that plan’s provisions.

The following table provides information as of June 28, 2020 with respect to the number of securities remaining available for future issuance under the Amended 2013 Plan:

Authorized under the Amended 2013 Plan	1,250
Plus: Awards expired, forfeited or otherwise terminated unexercised	158
Less: Awards granted to employees	(1,069	)
Less: Awards granted to non-employee directors	(117	)
Available for issuance under the Amended 2013 Plan	222

Stock Options

On May 1, 2020, UNIFI granted stock options to purchase 533 shares of its common stock to a key employee with an exercise price of $11.74 and 10-year contractual terms, as follows:

•

100 vested immediately and had a grant date fair value of $4.83 using the Black-Scholes model;

•

100 cliff-vest after three years of service and had a grant date fair value of $4.83 using the Black-Scholes model;

•

100 vest following a common stock price attainment of $40 for ten consecutive trading days and four years of service or a common stock price attainment of $50 for ten consecutive trading days after four years of service and before five years of service and had a grant date fair value of $2.70 under a Monte Carlo simulation; and

•

233 vest following a common stock price attainment of $50 for ten consecutive trading days and five years of service and had a grant date fair value of $2.33 under a Monte Carlo simulation.

In addition to the above fiscal 2020 grant, a summary of UNIFI’s stock options granted to key employees and valued under the Black-Scholes model is as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Quantity		143		190		73
Service Period (years)		3.0		3.0		3.0
Weighted Average Exercise Price	$	19.95	$	23.73	$	32.61
Weighted Average Grant Date Fair Value	$	7.33	$	8.42	$	11.14

Of the 676 stock options granted during fiscal 2020, 343 used the Black-Scholes model. For each of fiscal 2020, 2019 and 2018, the Black-Scholes model used the following weighted average assumptions:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Expected term (years)		5.5			5.5			5.2
Risk-free interest rate		0.7	%		2.9	%		2.0	%
Volatility		43.2	%		32.6	%		34.3	%
Dividend yield		—			—			—

UNIFI uses historical data to estimate the expected term and volatility. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant for periods corresponding with the expected term of the stock options.

A summary of stock option activity for fiscal 2020 is as follows:

	Stock Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding at June 30, 2019		377		$	24.88
Granted		676		$	13.48
Exercised		(12	)	$	5.73
Cancelled or forfeited		(33	)	$	27.45
Expired		(5	)	$	32.56
Outstanding at June 28, 2020		1,003		$	17.29		8.5	$	—
Vested and expected to vest as of June 28, 2020		1,003		$	17.29		8.5	$	—
Exercisable at June 28, 2020		374		$	18.89		6.1	$	—

At June 28, 2020, the remaining unrecognized compensation cost related to the unvested stock options was $1,946, which is expected to be recognized over a weighted average period of 3.2 years.

For fiscal 2020, 2019 and 2018, the total intrinsic value of stock options exercised was $147, $971 and $2,703, respectively. The amount of cash received from the exercise of stock options was $29, $483 and $219 for fiscal 2020, 2019 and 2018, respectively. The tax benefit realized from stock options exercised was $20, $61 and $398 for fiscal 2020, 2019 and 2018, respectively.

Restricted Stock Units and Vested Share Units

During fiscal 2020, 2019 and 2018, UNIFI granted 127, 75 and 86 restricted stock units (“RSUs”), respectively, to certain key employees. The employee RSUs are subject to a vesting restriction and convey no rights of ownership in shares of Company common stock until such employee RSUs have vested and been distributed to the grantee in the form of Company common stock. The employee RSUs vest over a three-year period, and will be converted into an equivalent number of shares of Company common stock (for distribution to the grantee) on each vesting date, unless the grantee has elected to defer the receipt of the shares of stock until separation from service. UNIFI estimated the weighted average fair value of each employee RSU granted during fiscal 2020, 2019 and 2018 to be $19.74, $23.58 and $32.16 respectively.

During fiscal 2020 and 2019, UNIFI granted 24 and 47 vested share units (“VSUs”), respectively, to UNIFI’s non-employee directors. The director VSUs became fully vested on the grant date, but convey no rights of ownership in shares of Company common stock until such director VSUs have been distributed to the grantee in the form of Company common stock. The director VSUs will be converted into an equivalent number of shares of Company common stock and distributed to the grantee following the grantee’s termination of service as a member of the Board. UNIFI estimated the fair value of each director VSU granted during fiscal 2020 and fiscal 2019 to be $27.15 and $23.27, respectively.

During fiscal 2018, UNIFI granted 30 RSUs to UNIFI’s non-employee directors. The director RSUs became fully vested on the grant date. The director RSUs convey no rights of ownership in shares of Company common stock until such director RSUs have been distributed to the grantee in the form of Company common stock. The vested director RSUs will be converted into an equivalent number of shares of Company common stock and distributed to the grantee following the grantee’s termination of service as a member of the Board. UNIFI estimated the fair value of each director RSU granted during fiscal 2018 to be $35.83.

UNIFI estimates the fair value of RSUs and VSUs based on the market price of UNIFI’s common stock at the award grant date.

A summary of RSU and VSU activity for fiscal 2020 is as follows:

	Non-vested			Weighted Average Grant Date Fair Value		Vested			Total			Weighted Average Grant Date Fair Value
Outstanding at June 30, 2019		113		$	27.50		192			305		$	25.61
Granted		151		$	20.91		—			151		$	20.91
Vested		(104	)	$	27.61		104			—		$	27.61
Converted		—		$	—		(77	)		(77	)	$	27.68
Cancelled or forfeited		(18	)	$	28.31		—			(18	)	$	28.31
Outstanding at June 28, 2020		142		$	20.31		219			361		$	23.08

At June 28, 2020, the number of RSUs and VSUs vested and expected to vest was 361, with an aggregate intrinsic value of $4,223. The aggregate intrinsic value of the 219 vested RSUs and VSUs at June 28, 2020 was $2,562.

The unrecognized compensation cost related to the unvested RSUs at June 28, 2020 was $1,728, which is expected to be recognized over a weighted average period of 1.8 years.

For fiscal 2020, 2019 and 2018, the total intrinsic value of RSUs and VSUs converted was $1,708, $1,427 and $1,620, respectively. The tax benefit realized from the conversion of RSUs was $206, $164 and $247 for fiscal 2020, 2019 and 2018, respectively.

Summary

The total cost charged against income related to all stock-based compensation arrangements was as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Stock options	$	1,265	$	671	$	884
RSUs and VSUs		2,245		1,977		4,042
Total compensation cost	$	3,510	$	2,648	$	4,926

In fiscal 2020, UNIFI issued 4 shares of common stock for $100 of expense in connection with Board compensation.

The total income tax benefit recognized for stock-based compensation was $178, $325 and $442 for fiscal 2020, 2019 and 2018, respectively.

As of June 28, 2020, total unrecognized compensation costs related to all unvested stock-based compensation arrangements were $3,674. The weighted average period over which these costs are expected to be recognized is 2.5 years.

Defined Contribution Plan

12 Months Ended

Jun. 28, 2020

Compensation And Retirement Disclosure [Abstract]

Defined Contribution Plan

18. Defined Contribution Plan

UNIFI matches employee contributions made to the Unifi, Inc. Retirement Savings Plan (the “401(k) Plan”), a 401(k) defined contribution plan, which covers eligible domestic salary and hourly employees. Under the terms of the 401(k) Plan, UNIFI matches 100% of the first 3% of eligible employee contributions and 50% of the next 2% of eligible contributions.

The following table presents the employer matching contribution expense related to the 401(k) Plan:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Matching contribution expense	$	2,491	$	2,836	$	2,643

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities

12 Months Ended

Jun. 28, 2020

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities

19. Fair Value of Financial Instruments and Non-Financial Assets and Liabilities

Financial Instruments

UNIFI may use derivative financial instruments such as foreign currency forward contracts or interest rate swaps to reduce its ongoing business exposures to fluctuations in foreign currency exchange rates or interest rates. UNIFI does not enter into derivative contracts for speculative purposes.

Foreign Currency Forward Contracts

UNIFI may enter into foreign currency forward contracts as economic hedges for exposures related to certain sales, inventory purchases and equipment purchases which are denominated in currencies that are not its functional currency. Foreign currency forward contracts are not designated as hedges by UNIFI and are marked to market each period and offset by the foreign exchange (gains) losses included in other operating expense (income), net resulting from the underlying exposures of the foreign currency denominated assets and liabilities. As of June 28, 2020 and June 30, 2019, there were no outstanding foreign currency forward contracts.

Interest Rate Swaps

UNIFI’s primary debt obligations utilize variable-rate LIBOR, exposing the Company to variability in interest payments due to changes in interest rates. Management enters into LIBOR-based interest rate swap agreements to manage fluctuations in cash flows resulting from changes in the benchmark LIBOR. Under the terms of the interest rate swaps, UNIFI effectively receives LIBOR-based variable interest rate payments and makes fixed interest rate payments, thereby fixing the variable rate cash flows on the notional amount of debt obligations.

In 2017, UNIFI entered into Swaps A, B and C. The combined designated hedges fix LIBOR at approximately 1.9% for $75,000 of variable rate borrowings through May 24, 2022. In accordance with hedge accounting, each swap is reflected on the accompanying consolidated balance sheets at fair value with a corresponding balance in accumulated other comprehensive loss, and impacts earnings commensurate with the forecasted transaction.

UNIFI’s financial assets and liabilities accounted for at fair value on a recurring basis and the level within the fair value hierarchy used to measure these items are as follows:

As of June 28, 2020	Notional Amount			Balance Sheet Location	Fair Value Hierarchy	Fair Value
Swap A	USD	$	20,000	Other long-term liabilities	Level 2	$	690
Swap B	USD	$	30,000	Other long-term liabilities	Level 2	$	1,034
Swap C	USD	$	25,000	Other long-term liabilities	Level 2	$	827

As of June 30, 2019	Notional Amount			Balance Sheet Location	Fair Value Hierarchy	Fair Value
Swap A	USD	$	20,000	Other long-term liabilities	Level 2	$	186
Swap B	USD	$	30,000	Other long-term liabilities	Level 2	$	279
Swap C	USD	$	25,000	Other long-term liabilities	Level 2	$	182

Estimates for the fair value of UNIFI’s derivative contracts are obtained from month-end market quotes for contracts with similar terms.

Swaps A, B and C, designated hedges, increased interest expense for fiscal 2020 by $270, decreased interest expense for fiscal 2019 by $320 and increased interest expense for fiscal 2018 by $319.

By entering into derivative contracts, UNIFI exposes itself to counterparty credit risk. UNIFI attempts to minimize this risk by selecting counterparties with investment grade credit ratings and regularly monitoring those ratings. UNIFI’s derivative instruments do not contain any credit-risk-related contingent features.

UNIFI believes that there have been no significant changes to its credit risk profile or the interest rates available to UNIFI for debt issuances with similar terms and average maturities, and UNIFI estimates that the fair values of its debt obligations approximate the carrying amounts. Other financial instruments include cash and cash equivalents, receivables, accounts payable and accrued expenses. The financial statement carrying amounts of these items approximate the fair values due to their short-term nature.

There were no transfers into or out of the levels of the fair value hierarchy for fiscal 2020, 2019 and 2018.

Non-Financial Assets and Liabilities

UNIFI did not have any non-financial assets or liabilities that were required to be measured at fair value on a recurring or non-recurring basis.

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

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

Accumulated Other Comprehensive Loss

12 Months Ended

Jun. 28, 2020

Accumulated Other Comprehensive Loss

20. Accumulated Other Comprehensive Loss

The components of and the changes in accumulated other comprehensive loss, net of tax, as applicable, consist of the following:

	Foreign Currency Translation Adjustments			Changes in Interest Rate Swaps			Accumulated Other Comprehensive Loss
Balance at June 25, 2017	$	(32,372	)	$	(508	)	$	(32,880	)
Other comprehensive (loss) income, net of tax		(9,896	)		2,243			(7,653	)
Balance at June 24, 2018	$	(42,268	)	$	1,735		$	(40,533	)

Other comprehensive loss, net of tax		(461	)		(2,235	)		(2,696	)
Balance at June 30, 2019	$	(42,729	)	$	(500	)	$	(43,229	)

Other comprehensive loss, net of tax		(19,119	)		(1,458	)		(20,577	)
Balance at June 28, 2020	$	(61,848	)	$	(1,958	)	$	(63,806	)

A summary of other comprehensive (loss) income for fiscal 2020, 2019 and 2018 is provided as follows:

	Fiscal 2020								Fiscal 2019								Fiscal 2018
	Pre-tax			Tax		After-tax			Pre-tax			Tax		After-tax			Pre-tax			Tax			After-tax
Other comprehensive (loss) income:
Foreign currency translation adjustments	$	(21,027	)	$	—	$	(21,027	)	$	(681	)	$	—	$	(681	)	$	(9,250	)	$	—		$	(9,250	)
Foreign currency translation adjustments for an unconsolidated affiliate		1,908			—		1,908			220			—		220			(646	)		—			(646	)
Changes in interest rate swaps, net of reclassification adjustments		(1,904	)		446		(1,458	)		(2,906	)		671		(2,235	)		3,067			(824	)		2,243
Other comprehensive loss, net	$	(21,023	)	$	446	$	(20,577	)	$	(3,367	)	$	671	$	(2,696	)	$	(6,829	)	$	(824	)	$	(7,653	)

Computation of Earnings Per Share

12 Months Ended

Jun. 28, 2020

Earnings Per Share [Abstract]

Computation of Earnings Per Share

21. Computation of Earnings Per Share

The computation of basic and diluted earnings per share (“EPS”) is as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019		June 24, 2018
Basic EPS
Net (loss) income	$	(57,237	)	$	2,456	$	31,702
Weighted average common shares outstanding		18,475			18,395		18,294
Basic EPS	$	(3.10	)	$	0.13	$	1.73
Diluted EPS
Net (loss) income	$	(57,237	)	$	2,456	$	31,702
Weighted average common shares outstanding		18,475			18,395		18,294
Net potential common share equivalents		—			300		343
Adjusted weighted average common shares outstanding		18,475			18,695		18,637
Diluted EPS	$	(3.10	)	$	0.13	$	1.70
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		401			314		118
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain market conditions		333			—		—

The calculation of earnings per common share is based on the weighted average number of UNIFI’s common shares outstanding for the applicable period. The calculation of diluted earnings per common share presents the effect of all potential dilutive common shares that were outstanding during the respective period, unless the effect of doing so is anti-dilutive.

Other Operating Expense, Net

12 Months Ended

Jun. 28, 2020

Other Income And Expenses [Abstract]

Other Operating Expense, Net

22. Other Operating Expense, Net

Other operating expense, net primarily consists of gains and losses on foreign currency transactions and sale or disposal of assets, along with severance expenses related to former employees.

Investments in Unconsolidated Affiliates and Variable Interest Entities

12 Months Ended

Jun. 28, 2020

Equity Method Investments And Joint Ventures [Abstract]

Investments in Unconsolidated Affiliates and Variable Interest Entities

23. Investments in Unconsolidated Affiliates and Variable Interest Entities

Parkdale America, LLC

In June 1997, UNIFI and Parkdale Mills, Inc. (“Mills”) entered into a Contribution Agreement that set forth the terms and conditions by which the two companies contributed all of the assets of their spun cotton yarn operations utilizing open-end and air-jet spinning technologies to create PAL, a producer of cotton and synthetic yarns for sale to the global textile industry and apparel market. In exchange for its contribution, UNIFI received a 34% equity ownership interest in the PAL Investment, accounted for using the equity method of accounting. Effective January 1, 2012, Mills’ interest in PAL was assigned to Parkdale.

During March 2020, UNIFI commenced negotiations to sell the PAL Investment to Parkdale. Such negotiations indicated that the fair value of the PAL Investment was less than UNIFI’s carrying value, and UNIFI no longer intended to hold the PAL Investment to allow recovery of the carrying value. UNIFI recorded an other-than-temporary impairment of $45,194 to adjust the PAL Investment to fair value. In April 2020, UNIFI and Parkdale finalized negotiations to sell UNIFI’s PAL Investment to Parkdale for $60,000. The transaction closed on April 29, 2020, and UNIFI received $60,000 in cash.

During UNIFI’s period of ownership, PAL was a limited liability company treated as a partnership for income tax reporting purposes. Per PAL’s fiscal 2019 audited financial statements, PAL had 11 manufacturing facilities located primarily in the southeast region of the U.S. and in Mexico, and PAL’s five largest customers accounted for approximately 75% of total revenues and 79% of total gross accounts receivable outstanding.

The U.S. federal government maintains a program providing economic adjustment assistance to domestic users of upland cotton (the “cotton rebate program”). The cotton rebate program offers a subsidy for cotton consumed in domestic production, and the subsidy is paid the month after the eligible cotton is consumed. To be completely earned, the subsidy must be used within 18 months after the marketing year in which it is earned to purchase qualifying capital expenditures in the U.S. for production of goods from upland cotton. The marketing year is from August 1 to July 31. The program provides a subsidy of up to three cents per pound. In December 2018, the U.S. federal government extended the program at the same rate through July 31, 2021, and for subsequent years, subject to funding available through annual appropriations. PAL recognizes its share of income for the cotton subsidy when the cotton has been consumed and the qualifying assets have been acquired, with an appropriate allocation methodology considering the dual criteria of the subsidy.

PAL has been subject to price risk related to anticipated fixed-price yarn sales. To protect the gross margin of these sales, PAL may have entered into cotton futures to manage changes in raw material prices in order to protect the gross margin of fixed-priced yarn sales. The derivative instruments used were listed and traded on an exchange and were thus valued using quoted prices classified within Level 1 of the fair value hierarchy.

U.N.F. Industries, Ltd.

In September 2000, UNIFI and Nilit Ltd. (“Nilit”) formed a 50/50 joint venture, U.N.F. Industries Ltd. (“UNF”), for the purpose of operating nylon extrusion assets to manufacture nylon POY. Raw material and production services for UNF are provided by Nilit under separate supply and services agreements. UNF’s fiscal year end is December 31 and it is a registered Israeli private company located in Migdal Ha-Emek, Israel.

UNF America, LLC

In October 2009, UNIFI and Nilit America Inc. (“Nilit America”) formed a 50/50 joint venture, UNF America LLC (“UNFA”), for the purpose of operating a nylon extrusion facility which manufactures nylon POY. Raw material and production services for UNFA are provided by Nilit America under separate supply and services agreements. UNFA’s fiscal year end is December 31 and it is a limited liability company treated as a partnership for income tax reporting purposes located in Ridgeway, Virginia.

In conjunction with the formation of UNFA, UNIFI entered into a supply agreement with UNF and UNFA whereby UNIFI agreed to purchase all of its first quality nylon POY requirements for texturing (subject to certain exceptions) from either UNF or UNFA. The agreement has no stated minimum purchase quantities, and pricing is negotiated every six months based on market rates. As of June 28, 2020, UNIFI’s open purchase orders related to this agreement were $2,259.

UNIFI’s raw material purchases under this supply agreement consist of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
UNF	$	1,450	$	1,735	$	1,800
UNFA		14,583		23,089		21,731
Total	$	16,033	$	24,824	$	23,531

As of June 28, 2020 and June 30, 2019, UNIFI had combined accounts payable due to UNF and UNFA of $1,166 and $1,728, respectively.

UNIFI has determined that UNF and UNFA are variable interest entities and has also determined that UNIFI is the primary beneficiary of these entities, based on the terms of the supply agreement. As a result, these entities should be consolidated with UNIFI’s financial results. As UNIFI purchases substantially all of the output from the two entities, the two entities’ balance sheets constitute 3% or less of UNIFI’s current assets, total assets and total liabilities, and such balances are not expected to comprise a larger portion in the future, UNIFI has not included the accounts of UNF and UNFA in its consolidated financial statements. As of June 28 2020, UNIFI’s combined investments in UNF and UNFA were $2,171 and are shown within investments in unconsolidated affiliates in the accompanying consolidated balance sheets. The financial results of UNF and UNFA are included in UNIFI’s consolidated financial statements with a one-month lag, using the equity method of accounting and with intercompany profits eliminated in accordance with UNIFI’s accounting policy. Other than the supply agreement discussed above, UNIFI does not provide any other commitments or guarantees related to either UNF or UNFA.

Condensed balance sheet and income statement information for UNIFI’s unconsolidated affiliates (including reciprocal balances) is presented in the following tables. PAL is separately disclosed due to its status as a significant subsidiary for fiscal 2019 and 2018. PAL has not met the criteria for segment reporting. Below, (i) no PAL Investment amounts are reported for June 28, 2020 due to the associated divestiture on April 29, 2020, and (ii) fiscal 2020 PAL Investment income statement activity is reported for the ten months of fiscal 2020 ownership ending April 29, 2020.

	As of June 28, 2020
	PAL		Other		Total
Current assets	$	—	$	5,190	$	5,190
Non-current assets		—		561		561
Current liabilities		—		1,415		1,415
Non-current liabilities		—		—		—
Shareholders’ equity and capital accounts		—		4,336		4,336

UNIFI’s portion of undistributed earnings		—		1,424		1,424

	As of June 30, 2019
	PAL		Other		Total
Current assets	$	299,610	$	7,218	$	306,828
Non-current assets		158,304		696		159,000
Current liabilities		70,875		4,069		74,944
Non-current liabilities		3,252		—		3,252
Shareholders’ equity and capital accounts		383,787		3,845		387,632

	For the Fiscal Year Ended June 28, 2020
	PAL			Other		Total
Net sales	$	544,006		$	17,068	$	561,074
Gross profit		7,592			2,056		9,648
(Loss) income from operations		(7,484	)		410		(7,074	)
Net (loss) income		(2,823	)		497		(2,326	)
Depreciation and amortization		33,455			135		33,590

Cash received by PAL under cotton rebate program		11,186			—		11,186
Earnings recognized by PAL for cotton rebate program		9,697			—		9,697

Distributions received		10,437			—		10,437

	For the Fiscal Year Ended June 30, 2019
	PAL		Other		Total
Net sales	$	836,675	$	25,621	$	862,296
Gross profit		24,455		4,713		29,168
Income from operations		6,575		2,988		9,563
Net income		7,534		3,093		10,627
Depreciation and amortization		40,679		190		40,869

Cash received by PAL under cotton rebate program		13,367		—		13,367
Earnings recognized by PAL for cotton rebate program		12,896		—		12,896

Distributions received		647		2,000		2,647

	For the Fiscal Year Ended June 24, 2018
	PAL		Other		Total
Net sales	$	796,010	$	24,097	$	820,107
Gross profit		31,112		4,646		35,758
Income from operations		12,032		2,917		14,949
Net income		12,990		2,961		15,951
Depreciation and amortization		39,404		190		39,594

Cash received by PAL under cotton rebate program		13,797		—		13,797
Earnings recognized by PAL for cotton rebate program		13,334		—		13,334

Distributions received		9,236		3,000		12,236

Commitments and Contingencies

12 Months Ended

Jun. 28, 2020

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

24. Commitments and Contingencies

Collective Bargaining Agreements

While employees of UNIFI’s Brazilian operations are unionized, none of the labor force employed by UNIFI’s domestic or other foreign subsidiaries is currently covered by a collective bargaining agreement.

Environmental

On September 30, 2004, Unifi Kinston, LLC (“UK”), a subsidiary of Unifi, Inc., completed its acquisition of polyester filament manufacturing assets located in Kinston, North Carolina from Invista S.a.r.l. (“INVISTA”). The land for the Kinston site was leased pursuant to a 99-year ground lease (the “Ground Lease”) with E.I. DuPont de Nemours (“DuPont”). Since 1993, DuPont has been investigating and cleaning up the Kinston site under the supervision of the U.S. Environmental Protection Agency and the North Carolina Department of Environmental Quality (“DEQ”) pursuant to the Resource Conservation and Recovery Act Corrective Action program. The program requires DuPont to identify all potential areas of environmental concern (“AOCs”), assess the extent of containment at the identified AOCs and remediate the AOCs to comply with applicable regulatory standards. Effective March 20, 2008, UK entered into a lease termination agreement associated with conveyance of certain assets at the Kinston site to DuPont. This agreement terminated the Ground Lease and relieved UK of any future responsibility for environmental remediation, other than participation with DuPont, if so called upon, with regard to UK’s period of operation of the Kinston site, which was from 2004 to 2008. At this time, UNIFI has no basis to determine if or when it will have any responsibility or obligation with respect to the AOCs or the extent of any potential liability for the same.

UK continues to own property (the “Kentec site”) acquired in the 2004 transaction with INVISTA that has contamination from DuPont’s prior operations and is monitored by DEQ. The Kentec site has been remediated by DuPont, and DuPont has received authority from DEQ to discontinue further remediation, other than natural attenuation. Prior to transfer of responsibility to UK, DuPont and UK had a duty to monitor and report the environmental status of the Kentec site to DEQ.

Effective April 10, 2019, UK assumed sole remediator responsibility of the Kentec site pursuant to its contractual obligations with INVISTA and received $180 of net monitoring and reporting costs due from DuPont. In connection with monitoring, UK expects to sample and report to DEQ annually. UNIFI expects minimal active site remediation may be required, but has no basis to determine any costs that may be associated with active remediation.

Unconditional Obligations

UNIFI is a party to unconditional obligations for certain utility and other purchase or service commitments. These commitments are non-cancelable, have remaining terms in excess of one year and qualify as normal purchases.

On a fiscal year basis, the minimum payments expected to be made as part of such commitments are as follows:

	Fiscal 2021		Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Thereafter
Unconditional purchase obligations	$	6,621	$	5,130	$	5,109	$	3,350	$	1,680	$	7
Unconditional service obligations		4,357		2,839		570		258		258		377
Total unconditional obligations	$	10,978	$	7,969	$	5,679	$	3,608	$	1,938	$	384

For fiscal 2020, 2019 and 2018, total costs incurred under these commitments consisted of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Costs for unconditional purchase obligations	$	21,483	$	23,542	$	24,777
Costs for unconditional service obligations		2,082		5,169		2,454
Total	$	23,565	$	28,711	$	27,231

Related Party Transactions

12 Months Ended

Jun. 28, 2020

Related Party Transactions

25. Related Party Transactions

There were no related party receivables as of June 28, 2020 and June 30, 2019.

Related party payables for Salem Leasing Corporation consist of the following:

	June 28, 2020		June 30, 2019
Accounts payable	$	616	$	634
Operating lease obligations		1,481		—
Finance lease obligations		6,509		806
Total related party payables	$	8,606	$	1,440

Related party transactions in excess of $120 for the current or prior two fiscal years consist of the matters in the table below and the following paragraphs:

		For the Fiscal Year Ended
Affiliated Entity	Transaction Type	June 28, 2020		June 30, 2019		June 24, 2018
Salem Leasing Corporation	Transportation equipment costs and finance lease debt service	$	3,798	$	4,102	$	3,979
Salem Global Logistics, Inc.	Freight service income		—		—		147

Mr. Kenneth G. Langone, a member of the Board, is a director, shareholder and non-executive Chairman of the Board of Salem Holding Company. UNIFI leases tractors and trailers from Salem Leasing Corporation, a wholly owned subsidiary of Salem Holding Company. In addition to the monthly lease payments, UNIFI also incurs expenses for routine repair and maintenance, fuel and other expenses. These leases do not contain renewal options, purchase options or escalation clauses with respect to the minimum lease charges.

Salem Global Logistics, Inc. is also a wholly owned subsidiary of Salem Holding Company. During fiscal 2018, UNIFI earned income by providing for-hire freight services for Salem Global Logistics, Inc.

Business Segment Information

12 Months Ended

Jun. 28, 2020

Segment Reporting [Abstract]

Business Segment Information

26. Business Segment Information

UNIFI defines operating segments as components of the organization for which discrete financial information is available and operating results are evaluated on a regular basis by UNIFI’s principal executive officer, who is the chief operating decision maker (the “CODM”), in order to assess performance and allocate resources. Characteristics of UNIFI which were relied upon in making the determination of reportable segments include the nature of the products sold, the internal organizational structure, the trade policies in the geographic regions in which UNIFI operates and the information that is regularly reviewed by the CODM for the purpose of assessing performance and allocating resources.

UNIFI has four reportable segments.

•

The operations within the Polyester Segment exhibit similar long-term economic characteristics and primarily sell into an economic trading zone covered by the USMCA, NAFTA and CAFTA (collectively, the regions comprising these economic trading zones are referred to as “NACA”) to similar customers utilizing similar methods of distribution. These operations derive revenues primarily from manufacturing polyester-based products with sales primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, automotive, home furnishings, automotive, industrial and other end-use markets. The Polyester Segment consists of sales and manufacturing operations in the U.S. and El Salvador.

•

The operations within the Asia Segment exhibit similar long-term economic characteristics and sell to similar customers utilizing similar methods of distribution primarily in Asia and Europe, which are outside of the NACA region. The Asia Segment primarily sources polyester-based products from third-party suppliers and sells to knitters and weavers that produce fabric for the apparel, automotive, home furnishings, automotive, industrial and other end-use markets principally in Asia. The Asia Segment includes sales offices in China.

•

The Brazil Segment primarily manufactures and sells polyester-based products to knitters and weavers that produce fabric for the apparel, automotive, home furnishings, industrial and other end-use markets principally in South America. The Brazil Segment includes a manufacturing location and sales offices in Brazil.

•

The operations within the Nylon Segment exhibit similar long-term economic characteristics and primarily sell into the NACA region to similar customers utilizing similar methods of distribution. These operations derive revenues primarily from manufacturing nylon-based products with sales to knitters and weavers that produce fabric primarily for the apparel, hosiery and medical markets. The Nylon Segment includes an immaterial operating segment in Colombia that sells similar nylon-based textile products to similar customers in Colombia and Mexico utilizing similar methods of distribution. The Nylon Segment consists of sales and manufacturing operations in the U.S. and Colombia.

In addition to UNIFI’s reportable segments, an All Other category is included in the tables below. All Other consists primarily of for-hire transportation services. For-hire transportation services revenue is derived from performing common carrier services utilizing UNIFI’s fleet of transportation equipment.

The operations within All Other (i) are not subject to review by the CODM at a level consistent with UNIFI’s other operations, (ii) are not regularly evaluated using the same metrics applied to UNIFI’s other operations, and (iii) do not qualify for aggregation with an existing reportable segment. Therefore, such operations are excluded from reportable segments.

UNIFI evaluates the operating performance of its segments based upon Segment Profit, which represents segment gross profit (loss) plus segment depreciation expense. This measurement of segment profit or loss best aligns segment reporting with the current assessments and evaluations performed by, and information provided to, the CODM.

The accounting policies for the segments are consistent with UNIFI’s accounting policies. Intersegment sales are omitted from segment disclosures, as they are (i) insignificant to UNIFI’s segments and eliminated from consolidated reporting and (ii) excluded from segment evaluations performed by the CODM. However, an intersegment technologies expense charged from the Polyester Segment to the Asia Segment is not eliminated from segment results. The technologies expense (i) reflects the sharing of certain manufacturing know-how, processes and product technical information and design and (ii) is included in the segment evaluations performed by the CODM.

Selected financial information is presented below:

	For the Fiscal Year Ended June 28, 2020
	Polyester		Asia		Brazil		Nylon			All Other		Total
Net sales	$	309,184	$	153,032	$	73,339	$	67,381		$	3,573	$	606,509
Cost of sales		297,096		136,349		62,144		68,359			3,521		567,469
Gross profit (loss)		12,088		16,683		11,195		(978	)		52		39,040
Segment depreciation expense		16,904		—		1,385		1,917			453		20,659
Segment Profit	$	28,992	$	16,683	$	12,580	$	939		$	505	$	59,699

	For the Fiscal Year Ended June 30, 2019
	Polyester		Asia		Brazil		Nylon		All Other		Total
Net sales	$	370,770	$	132,866	$	102,877	$	98,127	$	4,164	$	708,804
Cost of sales		346,951		117,166		84,298		90,231		3,850		642,496
Gross profit		23,819		15,700		18,579		7,896		314		66,308
Segment depreciation expense		16,068		—		1,537		2,083		229		19,917
Segment Profit	$	39,887	$	15,700	$	20,116	$	9,979	$	543	$	86,225

	For the Fiscal Year Ended June 24, 2018
	Polyester		Asia		Brazil		Nylon		All Other		Total
Net sales	$	364,169	$	97,297	$	110,587	$	102,639	$	4,220	$	678,912
Cost of sales		330,975		80,677		84,726		92,155		3,951		592,484
Gross profit		33,194		16,620		25,861		10,484		269		86,428
Segment depreciation expense		15,893		—		1,648		2,197		256		19,994
Segment Profit	$	49,087	$	16,620	$	27,509	$	12,681	$	525	$	106,422

The reconciliations of segment gross profit to consolidated (loss) income before income taxes are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Polyester	$	12,088		$	23,819		$	33,194
Asia		16,683			15,700			16,620
Brazil		11,195			18,579			25,861
Nylon		(978	)		7,896			10,484
All Other		52			314			269
Segment gross profit		39,040			66,308			86,428
SG&A expenses		43,814			52,690			56,077
Provision (benefit) for bad debts		1,739			308			(38	)
Other operating expense, net		2,308			2,350			1,590
Operating (loss) income		(8,821	)		10,960			28,799
Interest income		(722	)		(628	)		(560	)
Interest expense		4,779			5,414			4,935
Equity in loss (earnings) of unconsolidated affiliates		477			(3,968	)		(5,787	)
Gain on sale of investment in unconsolidated affiliate		(2,284	)		—			—
Impairment of investment in unconsolidated affiliate		45,194			—			—
Loss on extinguishment of debt		—			131			—
(Loss) income before income taxes	$	(56,265	)	$	10,011		$	30,211

The reconciliations of segment depreciation and amortization expense to consolidated depreciation and amortization expense are as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Polyester	$	16,904	$	16,068	$	15,893
Asia		—		—		—
Brazil		1,385		1,537		1,648
Nylon		1,917		2,083		2,197
All Other		453		229		256
Segment depreciation expense		20,659		19,917		19,994
Other depreciation and amortization expense		2,994		3,086		2,591
Depreciation and amortization expense	$	23,653	$	23,003	$	22,585

The reconciliations of segment capital expenditures to consolidated capital expenditures are as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Polyester	$	13,714	$	17,291	$	16,605
Asia		60		32		36
Brazil		2,332		2,574		3,063
Nylon		249		624		1,366
Segment capital expenditures		16,355		20,521		21,070
Other capital expenditures		2,154		4,350		3,959
Capital expenditures	$	18,509	$	24,871	$	25,029

The reconciliations of segment total assets to consolidated total assets are as follows:

	June 28, 2020		June 30, 2019
Polyester	$	263,496	$	287,608
Asia		41,452		35,219
Brazil		49,967		67,490
Nylon		42,020		57,055
Segment total assets		396,935		447,372
Other current assets		48,600		10,327
Other PP&E		23,676		18,664
Other operating lease assets		1,503		—
Other non-current assets		1,277		1,468
Investments in unconsolidated affiliates		2,171		114,320
Total assets	$	474,162	$	592,151

Product sales (excluding the All Other category) are as follows, based on categorization into REPREVE^® Fiber sales and non-REPREVE^® Fiber sales.

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
REPREVE^® Fiber	$	186,141	$	180,254	$	160,366
Non-REPREVE^® Fiber		416,795		524,386		514,326
Total	$	602,936	$	704,640	$	674,692

Geographic Data

	For the Fiscal Year Ended
Net Sales	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	342,350	$	426,725	$	420,920
China		148,923		125,667		90,998
Brazil		73,339		102,877		110,587
Remaining Foreign Countries		41,897		53,535		56,407
Total	$	606,509	$	708,804	$	678,912

Export sales from UNIFI’s U.S. operations to external customers	$	64,305	$	84,707	$	94,205

The net sales amounts are based on the operating locations from where the items were produced or distributed.

Long-Lived Assets	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	195,874	$	305,483	$	305,229
Brazil		10,805		13,218		12,679
China		779		78		92
Remaining Foreign Countries		9,859		5,169		6,225
Total	$	217,317	$	323,948	$	324,225

Long-lived assets are comprised of PP&E, net; operating lease assets; intangible assets, net; investments in unconsolidated affiliates; and other non-current assets.

Total Assets	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	352,869	$	457,571	$	455,963
Brazil		49,967		67,490		59,657
China		39,238		30,982		32,703
Remaining Foreign Countries		32,088		36,108		53,484
Total	$	474,162	$	592,151	$	601,807

Quarterly Results (Unaudited)

12 Months Ended

Jun. 28, 2020

Quarterly Financial Data [Abstract]

Quarterly Results (Unaudited)

27. Quarterly Results (Unaudited)

Quarterly financial data and selected highlights are as follows:

	For the Fiscal Quarter Ended
	September 29, 2019		December 29, 2019		March 29, 2020			June 28, 2020
Net sales ⁽¹⁾	$	179,949	$	169,511	$	170,994		$	86,055
Gross profit (loss) ⁽²⁾		17,443		15,665		15,383			(9,451	)
Net income (loss) ⁽³⁾		3,712		409		(41,111	)		(20,247	)
Net income (loss) per common share:
Basic ⁽⁴⁾	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)
Diluted ⁽⁴⁾	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)

	For the Fiscal Quarter Ended
	September 30, 2018		December 30, 2018		March 31, 2019			June 30, 2019
Net sales ⁽⁵⁾	$	181,611	$	167,711	$	179,989		$	179,493
Gross profit ⁽⁶⁾		20,019		14,156		13,791			18,342
Net income (loss) ⁽⁷⁾		1,812		1,171		(1,529	)		1,002
Net income (loss) per common share:
Basic ⁽⁴⁾	$	0.10	$	0.06	$	(0.08	)	$	0.05
Diluted ⁽⁴⁾	$	0.10	$	0.06	$	(0.08	)	$	0.05

(1)	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic.

(2)	Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.

(3)	Net loss for the fiscal quarter March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.

(4)	(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.

(5)	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.

(6)

Gross profit for the fiscal quarter ended December 30, 2018 includes the adverse impact of a raw material cost spike that could not be effectively offset with timely corresponding selling price increases. Gross profit for the fiscal quarters ended December 30, 2018 and March 31, 2019 includes the adverse impact of significant competitive pressure caused by elevated levels of polyester textured yarn imports.

(7)	Net income for the fiscal quarter ended June 30, 2019 includes severance charges for involuntary terminations.

Supplemental Cash Flow Information

12 Months Ended

Jun. 28, 2020

Additional Cash Flow Elements And Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

28. Supplemental Cash Flow Information

Cash payments for interest and taxes consist of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Interest, net of capitalized interest of $126, $219 and $190, respectively	$	4,682	$	5,342	$	4,459
Income taxes, net of refunds		6,131		2,623		9,962

Non-Cash Investing and Financing Activities

As of June 28, 2020, June 30, 2019 and June 24, 2018, $630, $1,329 and $3,187, respectively, were included in accounts payable for unpaid capital expenditures.

Significant Accounting Policies (Policies)

12 Months Ended

Jun. 28, 2020

Accounting Policies [Abstract]

Principles of Consolidation

Use of Estimates

Cash and Cash Equivalents

Receivables

Inventories

Debt Issuance Costs

Property, Plant and Equipment

Asset categories		Useful lives in years
Land improvements		5 to 20
Buildings and improvements		15 to 40
Machinery and equipment		2 to 25
Computer, software and office equipment		3 to 7
Internal software development costs		3
Transportation equipment		3 to 15

Leasehold improvements are depreciated over the lesser of their estimated useful lives or the remaining term of the lease.

Interest is capitalized for capital projects requiring a construction period.

Intangible Assets

Investments in Unconsolidated Affiliates

UNIFI evaluates its investments in unconsolidated affiliates for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

Derivative Instruments

•

Fair Value Measurements

•

Level 1 – Observable inputs that reflect quoted prices for identical assets or liabilities in active markets.

•

Level 2 – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability either indirectly or directly.

•

Level 3 – Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability.

The classification of assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement in its entirety.

Income Taxes

Stock-Based Compensation

Foreign Currency Translation

Revenue Recognition

Cost of Sales

Shipping, Handling and Warehousing Costs

Shipping, handling and warehousing costs include costs to store goods prior to shipment, prepare goods for shipment and physically move goods to customers.

Research and Development Costs

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Research and development costs	$	11,257	$	12,359	$	7,792

Selling, General and Administrative Expenses

Advertising Costs

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Advertising costs	$	2,044	$	3,639	$	3,439

Self Insurance

Self-Insurance

Contingencies

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 28, 2020

Accounting Policies [Abstract]

Useful Lives of Property Plant and Equipment

Depreciation is calculated primarily utilizing the straight-line method over the following useful lives:

Asset categories		Useful lives in years
Land improvements		5 to 20
Buildings and improvements		15 to 40
Machinery and equipment		2 to 25
Computer, software and office equipment		3 to 7
Internal software development costs		3
Transportation equipment		3 to 15

Schedule of Research and Development Costs

Research and development costs were as follows

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Research and development costs	$	11,257	$	12,359	$	7,792

Schedule of Advertising Costs

Advertising costs were as follows

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Advertising costs	$	2,044	$	3,639	$	3,439

Recent Accounting Pronouncements (Tables)

12 Months Ended

Jun. 28, 2020

New Accounting Pronouncements And Changes In Accounting Principles [Abstract]

Schedule of Adjustment to Opening Balance of Fiscal 2019 Retained Earnings

Revenue earned in fourth quarter fiscal 2018 related to contracts open at June 24, 2018	$	8,593
Less associated cost of sales		7,992
Less associated income tax		142
Adjustment to retained earnings for contracts open at June 24, 2018	$	459

Leases (Tables)

12 Months Ended

Jun. 28, 2020

Leases [Abstract]

Schedule of Balance Sheet Location and Values of Company's Lease Assets and Lease Liabilities

The following table sets forth the balance sheet location and values of the Company’s lease assets and lease liabilities at June 28, 2020:

Classification	Balance Sheet Location	June 28, 2020
Lease Assets
Operating lease assets	Operating lease assets	$	8,940
Finance lease assets	Property, plant & equipment, net		22,012
Total lease assets		$	30,952

Lease Liabilities
Current operating lease liabilities	Current operating lease liabilities	$	1,783
Current finance lease liabilities	Current portion of long-term debt		3,563
Total current lease liabilities		$	5,346

Non-current operating lease liabilities	Non-current operating lease liabilities	$	7,251
Non-current finance lease liabilities	Long-term debt		7,818
Total non-current lease liabilities		$	15,069

Total lease liabilities		$	20,415

Schedule of Components of Lease Cost

The following table sets forth the components of UNIFI’s total lease cost for fiscal 2020:

	For The Fiscal Year
Lease Cost	June 28, 2020
Operating lease cost	$	2,503
Variable lease cost		483
Finance lease cost:
Amortization of lease assets		2,527
Interest on lease liabilities		439
Short-term lease cost		1,124
Total lease cost	$	7,076

Schedule of Supplemental Cash Flow Information and Non-Cash Activity Related to Operating Leases

The following table presents supplemental information related to leases at June 28, 2020:

	For The Fiscal Year
Other Information	June 28, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases	$	2,503
Financing cash flows used by finance leases	$	6,035
Non-cash activities:
Leased assets obtained in exchange for new operating lease liabilities	$	5,525
Leased assets obtained in exchange for new finance lease liabilities	$	6,301

Schedule of Weighted-Average Remaining Lease Term and Discount Rate for Operating Leases and Finance Leases

The following table sets forth UNIFI's weighted average remaining lease term in years and discount rate percentage used in the calculation of its outstanding lease liabilities as of June 28, 2020:

Weighted Average Remaining Lease Term and Discount Rate	June 28, 2020
Weighted average remaining lease term (years):
Operating leases		6.6
Finance leases		4.2
Weighted average discount rate (percentage):
Operating leases		5.0	%
Finance leases		3.6	%

Schedule of Future Minimum Lease Payments for Finance Leases and Operating Leases

Maturity of Lease Liabilities	Finance Leases			Operating Leases
Fiscal 2021	$	3,989		$	2,168
Fiscal 2022		3,684			1,722
Fiscal 2023		1,308			1,494
Fiscal 2024		1,309			1,223
Fiscal 2025		1,165			1,084
Fiscal years thereafter		1,410			3,071
Total minimum lease payments	$	12,865		$	10,762
Less estimated executory costs		(569	)		—
Less imputed interest		(915	)		(1,728	)
Present value of net minimum lease payments		11,381			9,034
Less current portion of lease obligations		(3,563	)		(1,783	)
Long-term portion of lease obligations	$	7,818		$	7,251

Schedule of Rent Expense

As reported in the 2019 Form 10-K under the previous accounting guidance, rental expenses incurred under operating leases and included in operating income consist of the following:

	For the Fiscal Year Ended
	June 30, 2019		June 24, 2018
Rental expenses	$	4,915	$	4,835

Revenue Recognition (Tables)

12 Months Ended

Jun. 28, 2020

Revenue From Contract With Customer [Abstract]

Disaggregated Revenues for UNIFI

The following table presents disaggregated revenues for UNIFI:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Third-party manufacturer	$	598,510	$	700,077	$	670,239
Service		7,999		8,727		8,673
Net sales	$	606,509	$	708,804	$	678,912

Receivables, Net (Tables)

12 Months Ended

Jun. 28, 2020

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Receivables, net consists of the following:

	June 28, 2020			June 30, 2019
Customer receivables	$	54,903		$	89,495
Allowance for uncollectible accounts		(3,796	)		(2,338	)
Reserves for quality claims		(928	)		(961	)
Net customer receivables		50,179			86,196
Other receivables		3,547			2,688
Total receivables, net	$	53,726		$	88,884

Allowance for Credit Losses on Financing Receivables

The changes in UNIFI’s allowance for uncollectible accounts and reserves for quality claims were as follows:

	Allowance for Uncollectible Accounts			Reserves for Quality Claims
Balance at June 25, 2017	$	(2,222	)	$	(1,278	)
Credited (charged) to costs and expenses		38			(821	)
Translation activity		125			(9	)
Deductions		—			1,544
Balance at June 24, 2018	$	(2,059	)	$	(564	)
Charged to costs and expenses		(308	)		(2,019	)
Translation activity		(9	)		5
Deductions		38			1,617
Balance at June 30, 2019	$	(2,338	)	$	(961	)
Charged to costs and expenses		(1,739	)		(1,251	)
Translation activity		186			10
Deductions		95			1,274
Balance at June 28, 2020	$	(3,796	)	$	(928	)

Inventories (Tables)

12 Months Ended

Jun. 28, 2020

Inventory Disclosure [Abstract]

Inventories Components

Inventories consists of the following:

	June 28, 2020			June 30, 2019
Raw materials	$	42,758		$	55,531
Supplies		9,294			9,020
Work in process		6,267			8,510
Finished goods		55,609			63,111
Gross inventories		113,928			136,172
Inventory reserves		(4,224	)		(2,391	)
Total inventories	$	109,704		$	133,781

Other Current Assets (Tables)

12 Months Ended

Jun. 28, 2020

Other Assets Current [Abstract]

Schedule of Other Current Assets

Other current assets consists of the following:

	June 28, 2020		June 30, 2019
Contract assets	$	4,953	$	7,794
Value-added taxes receivable		2,604		2,519
Vendor deposits		2,349		4,187
Prepaid expenses		1,857		1,856
Total other current assets	$	11,763	$	16,356

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Jun. 28, 2020

Property Plant And Equipment [Abstract]

PP&E Net Components

PP&E, net consists of the following:

	June 28, 2020			June 30, 2019
Land	$	3,154		$	3,138
Land improvements		16,344			15,249
Buildings and improvements		158,025			161,566
Assets under finance leases		29,857			31,897
Machinery and equipment		602,867			603,950
Computers, software and office equipment		22,677			23,011
Transportation equipment		7,806			5,809
Construction in progress		7,582			6,483
Gross PP&E		848,312			851,103
Less: accumulated depreciation		(636,221	)		(636,135	)
Less: accumulated amortization – finance leases		(7,845	)		(8,181	)
Total PP&E, net	$	204,246		$	206,787

Schedule of Capital Leased Assets

Assets under finance leases consists of the following:

	June 28, 2020		June 30, 2019
Machinery and equipment	$	15,542	$	22,991
Transportation equipment		10,487		5,078
Building improvements		3,828		3,828
Gross assets under finance leases	$	29,857	$	31,897

Schedule of Depreciation Expense and Repair and Maintenance Expense

Depreciation and amortization expense and repair and maintenance expenses were as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Depreciation and amortization expense	$	22,551	$	21,602	$	21,109
Repair and maintenance expenses		18,093		21,226		19,761

Intangible Assets, Net (Tables)

12 Months Ended

Jun. 28, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Components of Intangible Assets, Net

Intangible assets, net consists of the following:

	June 28, 2020			June 30, 2019
Customer lists	$	1,615		$	23,615
Non-compete agreements		1,875			1,875
Trademarks		455			416
Total intangible assets, gross		3,945			25,906

Accumulated amortization – customer lists		(1,493	)		(23,166	)
Accumulated amortization – non-compete agreements		(813	)		(438	)
Accumulated amortization – trademarks		(227	)		(132	)
Total accumulated amortization		(2,533	)		(23,736	)
Total intangible assets, net	$	1,412		$	2,170

Amortization Expense for Intangible Assets

Amortization expense for intangible assets consists of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Customer lists	$	326	$	639	$	843
Non-compete agreements		375		379		205
Trademarks		154		94		62
Total amortization expense	$	855	$	1,112	$	1,110

Expected Intangible Asset Amortization

The following table presents the expected intangible asset amortization for the next five fiscal years:

		Fiscal 2021				Fiscal 2022				Fiscal 2023				Fiscal 2024				Fiscal 2025
Expected amortization		$	570			$	505			$	337			$	—			$	—

Accrued Expenses (Tables)

12 Months Ended

Jun. 28, 2020

Payables And Accruals [Abstract]

Schedule of Accrued Liabilities

Accrued expenses consists of the following:

	June 28, 2020		June 30, 2019
Payroll and fringe benefits	$	8,036	$	9,775
Utilities		1,565		2,061
Deferred revenue		1,279		516
Severance		1,083		2,058
Property taxes		976		999
Current portion of supplemental post-employment plan		5		411
Other		745		1,029
Total accrued expenses	$	13,689	$	16,849

Long-Term Debt (Tables)

12 Months Ended

Jun. 28, 2020

Debt Disclosure [Abstract]

Long-Term Debt Components

		Weighted Average
	Scheduled	Interest Rate as of	Principal Amounts as of
	Maturity Date	June 28, 2020	June 28, 2020			June 30, 2019
ABL Revolver	December 2023	0.0%	$	—		$	19,400
ABL Term Loan ⁽¹⁾	December 2023	3.2%		87,500			97,500
Finance lease obligations	(2)	3.6%		11,381			11,118
Total debt				98,881			128,018
Current ABL Term Loan				(10,000	)		(10,000	)
Current portion of finance lease obligations				(3,563	)		(5,519	)
Unamortized debt issuance costs				(711	)		(958	)
Total long-term debt			$	84,607		$	111,541

(1)	Includes the effects of interest rate swaps.

(2)	Scheduled maturity dates for finance lease obligations range from July 2020 to November 2027, as further outlined in Note 4, “Leases.”

Scheduled Maturities of Outstanding Debt Obligations

The following table presents the scheduled maturities of UNIFI’s outstanding debt obligations for the following five fiscal years and thereafter:

	Fiscal 2021		Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Thereafter
ABL Revolver	$	—	$	—	$	—	$	—	$	—	$	—
ABL Term Loan		10,000		10,000		10,000		57,500		—		—
Finance lease obligations		3,563		3,388		1,094		1,132		1,028		1,176
Total	$	13,563	$	13,388	$	11,094	$	58,632	$	1,028	$	1,176

Other Liabilities Disclosure [Abstract]

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Other Long-Term Liabilities (Tables)

12 Months Ended

Jun. 28, 2020

Other Long-Term Liabilities Components

Other long-term liabilities consists of the following:

	June 28, 2020		June 30, 2019
Supplemental post-employment plan	$	3,019	$	2,695
Interest rate swaps		2,551		647
Uncertain tax positions		1,112		1,043
Other		1,924		1,800
Total other long-term liabilities	$	8,606	$	6,185

Income Taxes (Tables)

12 Months Ended

Jun. 28, 2020

Income Tax Disclosure [Abstract]

Components of Income before Income Taxes

The components of (loss) income before income taxes consist of the following:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
U.S.	$	(74,905	)	$	(13,326	)	$	(7,852	)
Foreign		18,640			23,337			38,063
(Loss) income before income taxes	$	(56,265	)	$	10,011		$	30,211

Schedule of Provision (Benefit) for Income Taxes

Provision (benefit) for income taxes consists of the following:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Current:
Federal	$	282		$	(178	)	$	(4,918	)
State		(118	)		28			(416	)
Foreign		4,819			7,282			9,639
Total current tax expense		4,983			7,132			4,305
Deferred:
Federal		(3,783	)		(813	)		(5,315	)
State		116			1,097			(872	)
Foreign		(344	)		139			391
Total deferred tax expense		(4,011	)		423			(5,796	)
Provision (benefit) for income taxes	$	972		$	7,555		$	(1,491	)

Reconciliation from Federal Statutory Tax Rate to Effective Tax Rate

Reconciliation from the federal statutory tax rate to the effective tax rate is as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Federal statutory tax rate		21.0	%		21.0	%		28.3	%
Foreign income taxed at different rates		(1.2	)		16.1			(2.4	)
Repatriation of foreign earnings and withholding taxes		(2.0	)		20.3			1.8
U.S. tax on GILTI		(5.0	)		32.5			—
Change in valuation allowance		0.6			(1.5	)		(12.9	)
Foreign tax credits		0.9			(11.9	)		(11.0	)
Domestic production activities deduction		—			(5.6	)		0.5
Research and other business credits		2.0			(7.7	)		(1.8	)
State income taxes, net of federal tax benefit		2.6			(0.6	)		(3.9	)
Change in uncertain tax positions		(0.3	)		8.2			(15.1	)
Nondeductible compensation		(0.8	)		5.1			1.6
Nontaxable income		1.1			(4.2	)		—
Valuation allowance related to loss on sale of investment in PAL		(19.3	)		—			—
Tax expense on unremitted foreign earnings		(0.9	)		—			—
Toll charge		—			0.7			23.9
Revaluation of U.S. deferred balances due to U.S. tax reform		—			3.1			(14.2	)
Nondeductible expenses and other		(0.4	)		—			0.3
Effective tax rate		(1.7	)%		75.5	%		(4.9	)%

Deferred Tax Assets and Liabilities

The significant components of UNIFI’s deferred tax assets and liabilities consist of the following:

	June 28, 2020			June 30, 2019
Deferred tax assets:
Investments, including unconsolidated affiliates	$	3,995		$	5,680
Tax credits		19,457			17,237
Capital loss carryforwards		13,791			1,105
NOL carryforwards		3,907			4,381
Research and development costs		6,073			4,081
Other items		8,429			7,890
Total gross deferred tax assets		55,652			40,374
Valuation allowance		(37,439	)		(26,020	)
Net deferred tax assets		18,213			14,354
Deferred tax liabilities:
PP&E		(17,733	)		(18,325	)
Other		(677	)		(295	)
Total deferred tax liabilities		(18,410	)		(18,620	)
Net deferred tax liabilities	$	(197	)	$	(4,266	)

Deferred Tax Valuation Allowance Activities

The balances and activity for UNIFI’s deferred tax valuation allowance are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Balance at beginning of year	$	(26,020	)	$	(15,143	)	$	(17,957	)
(Increase) decrease in valuation allowance		(11,419	)		(10,877	)		2,814
Balance at end of year	$	(37,439	)	$	(26,020	)	$	(15,143	)

Schedule of Components of Deferred Tax Valuation Allowance

Components of UNIFI’s deferred tax valuation allowance are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Investments, including unconsolidated affiliates	$	(3,995	)	$	(5,696	)	$	(5,522	)
NOL carryforwards		(2,542	)		(2,943	)		(3,086	)
Capital loss carryforwards		(13,791	)		(1,105	)		(1,105	)
Tax credits		(17,111	)		(16,276	)		(5,430	)
Total deferred tax valuation allowance	$	(37,439	)	$	(26,020	)	$	(15,143	)

Reconciliation of Beginning and Ending Gross Amounts of Unrecognized Tax Benefits

A reconciliation of beginning and ending gross amounts of unrecognized tax benefits is as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019			June 24, 2018
Balance at beginning of year	$	1,083	$	166		$	4,463
Gross increases related to current period tax positions		98		26			26
Gross increases (decreases) related to tax positions in prior periods		37		980			(119	)
Gross decreases related to settlements with tax authorities		—		—			(4,204	)
Gross decreases related to lapse of applicable statute of limitations		—		(89	)		—
Balance at end of year	$	1,218	$	1,083		$	166

Shareholders' Equity (Tables)

12 Months Ended

Jun. 28, 2020

Stockholders Equity Note [Abstract]

Repurchases and Retirements of Common Stock

The following table summarizes UNIFI’s repurchases and retirements of its common stock under the 2018 SRP for the fiscal periods noted:

	Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs		Average Price Paid per Share		Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs
Fiscal 2019		—	$	—	$	50,000
Fiscal 2020		84	$	23.72	$	48,008
Total		84	$	23.72	$	48,008

Stock-Based Compensation (Tables)

12 Months Ended

Jun. 28, 2020

Summary of Number of Securities Remaining Available for Future Issuance

The following table provides information as of June 28, 2020 with respect to the number of securities remaining available for future issuance under the Amended 2013 Plan:

Authorized under the Amended 2013 Plan	1,250
Plus: Awards expired, forfeited or otherwise terminated unexercised	158
Less: Awards granted to employees	(1,069	)
Less: Awards granted to non-employee directors	(117	)
Available for issuance under the Amended 2013 Plan	222

Stock Option Valuation Assumptions

Of the 676 stock options granted during fiscal 2020, 343 used the Black-Scholes model. For each of fiscal 2020, 2019 and 2018, the Black-Scholes model used the following weighted average assumptions:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Expected term (years)		5.5			5.5			5.2
Risk-free interest rate		0.7	%		2.9	%		2.0	%
Volatility		43.2	%		32.6	%		34.3	%
Dividend yield		—			—			—

Summary of Stock Option Activity

A summary of stock option activity for fiscal 2020 is as follows:

	Stock Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding at June 30, 2019		377		$	24.88
Granted		676		$	13.48
Exercised		(12	)	$	5.73
Cancelled or forfeited		(33	)	$	27.45
Expired		(5	)	$	32.56
Outstanding at June 28, 2020		1,003		$	17.29		8.5	$	—
Vested and expected to vest as of June 28, 2020		1,003		$	17.29		8.5	$	—
Exercisable at June 28, 2020		374		$	18.89		6.1	$	—

Summary of RSU and VSU Activity

A summary of RSU and VSU activity for fiscal 2020 is as follows:

	Non-vested			Weighted Average Grant Date Fair Value		Vested			Total			Weighted Average Grant Date Fair Value
Outstanding at June 30, 2019		113		$	27.50		192			305		$	25.61
Granted		151		$	20.91		—			151		$	20.91
Vested		(104	)	$	27.61		104			—		$	27.61
Converted		—		$	—		(77	)		(77	)	$	27.68
Cancelled or forfeited		(18	)	$	28.31		—			(18	)	$	28.31
Outstanding at June 28, 2020		142		$	20.31		219			361		$	23.08

Stock Based Compensation Total Cost Charged Against Income

The total cost charged against income related to all stock-based compensation arrangements was as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Stock options	$	1,265	$	671	$	884
RSUs and VSUs		2,245		1,977		4,042
Total compensation cost	$	3,510	$	2,648	$	4,926

Black-Scholes Model [Member]

Stock Option Valuation Assumptions

In addition to the above fiscal 2020 grant, a summary of UNIFI’s stock options granted to key employees and valued under the Black-Scholes model is as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Quantity		143		190		73
Service Period (years)		3.0		3.0		3.0
Weighted Average Exercise Price	$	19.95	$	23.73	$	32.61
Weighted Average Grant Date Fair Value	$	7.33	$	8.42	$	11.14

Defined Contribution Plan (Tables)

12 Months Ended

Jun. 28, 2020

Compensation And Retirement Disclosure [Abstract]

Schedule of Employer Matching Contribution Expense Related to 401(k) Plan

The following table presents the employer matching contribution expense related to the 401(k) Plan:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Matching contribution expense	$	2,491	$	2,836	$	2,643

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities (Tables)

12 Months Ended

Jun. 28, 2020

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities of Fair Value on Recurring Basis

UNIFI’s financial assets and liabilities accounted for at fair value on a recurring basis and the level within the fair value hierarchy used to measure these items are as follows:

As of June 28, 2020	Notional Amount			Balance Sheet Location	Fair Value Hierarchy	Fair Value
Swap A	USD	$	20,000	Other long-term liabilities	Level 2	$	690
Swap B	USD	$	30,000	Other long-term liabilities	Level 2	$	1,034
Swap C	USD	$	25,000	Other long-term liabilities	Level 2	$	827

As of June 30, 2019	Notional Amount			Balance Sheet Location	Fair Value Hierarchy	Fair Value
Swap A	USD	$	20,000	Other long-term liabilities	Level 2	$	186
Swap B	USD	$	30,000	Other long-term liabilities	Level 2	$	279
Swap C	USD	$	25,000	Other long-term liabilities	Level 2	$	182

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Jun. 28, 2020

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Loss, Net of Tax

The components of and the changes in accumulated other comprehensive loss, net of tax, as applicable, consist of the following:

	Foreign Currency Translation Adjustments			Changes in Interest Rate Swaps			Accumulated Other Comprehensive Loss
Balance at June 25, 2017	$	(32,372	)	$	(508	)	$	(32,880	)
Other comprehensive (loss) income, net of tax		(9,896	)		2,243			(7,653	)
Balance at June 24, 2018	$	(42,268	)	$	1,735		$	(40,533	)

Other comprehensive loss, net of tax		(461	)		(2,235	)		(2,696	)
Balance at June 30, 2019	$	(42,729	)	$	(500	)	$	(43,229	)

Other comprehensive loss, net of tax		(19,119	)		(1,458	)		(20,577	)
Balance at June 28, 2020	$	(61,848	)	$	(1,958	)	$	(63,806	)

Summary of Other Comprehensive (Loss) Income

A summary of other comprehensive (loss) income for fiscal 2020, 2019 and 2018 is provided as follows:

	Fiscal 2020								Fiscal 2019								Fiscal 2018
	Pre-tax			Tax		After-tax			Pre-tax			Tax		After-tax			Pre-tax			Tax			After-tax
Other comprehensive (loss) income:
Foreign currency translation adjustments	$	(21,027	)	$	—	$	(21,027	)	$	(681	)	$	—	$	(681	)	$	(9,250	)	$	—		$	(9,250	)
Foreign currency translation adjustments for an unconsolidated affiliate		1,908			—		1,908			220			—		220			(646	)		—			(646	)
Changes in interest rate swaps, net of reclassification adjustments		(1,904	)		446		(1,458	)		(2,906	)		671		(2,235	)		3,067			(824	)		2,243
Other comprehensive loss, net	$	(21,023	)	$	446	$	(20,577	)	$	(3,367	)	$	671	$	(2,696	)	$	(6,829	)	$	(824	)	$	(7,653	)

Computation of Earnings Per Share (Tables)

12 Months Ended

Jun. 28, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share (“EPS”) is as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019		June 24, 2018
Basic EPS
Net (loss) income	$	(57,237	)	$	2,456	$	31,702
Weighted average common shares outstanding		18,475			18,395		18,294
Basic EPS	$	(3.10	)	$	0.13	$	1.73
Diluted EPS
Net (loss) income	$	(57,237	)	$	2,456	$	31,702
Weighted average common shares outstanding		18,475			18,395		18,294
Net potential common share equivalents		—			300		343
Adjusted weighted average common shares outstanding		18,475			18,695		18,637
Diluted EPS	$	(3.10	)	$	0.13	$	1.70
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		401			314		118
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain market conditions		333			—		—

Investments in Unconsolidated Affiliates and Variable Interest Entities (Tables)

12 Months Ended

Jun. 28, 2020

Schedule Of Equity Method Investments [Line Items]

Schedule of Raw Material Purchases under Supply Agreement

UNIFI’s raw material purchases under this supply agreement consist of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
UNF	$	1,450	$	1,735	$	1,800
UNFA		14,583		23,089		21,731
Total	$	16,033	$	24,824	$	23,531

Schedule of Unaudited, Condensed Balance Sheet Information for Unconsolidated Affiliates

	As of June 28, 2020
	PAL		Other		Total
Current assets	$	—	$	5,190	$	5,190
Non-current assets		—		561		561
Current liabilities		—		1,415		1,415
Non-current liabilities		—		—		—
Shareholders’ equity and capital accounts		—		4,336		4,336

UNIFI’s portion of undistributed earnings		—		1,424		1,424

	As of June 30, 2019
	PAL		Other		Total
Current assets	$	299,610	$	7,218	$	306,828
Non-current assets		158,304		696		159,000
Current liabilities		70,875		4,069		74,944
Non-current liabilities		3,252		—		3,252
Shareholders’ equity and capital accounts		383,787		3,845		387,632

Income Statement Information [Member]

Schedule Of Equity Method Investments [Line Items]

Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates

	For the Fiscal Year Ended June 28, 2020
	PAL			Other		Total
Net sales	$	544,006		$	17,068	$	561,074
Gross profit		7,592			2,056		9,648
(Loss) income from operations		(7,484	)		410		(7,074	)
Net (loss) income		(2,823	)		497		(2,326	)
Depreciation and amortization		33,455			135		33,590

Cash received by PAL under cotton rebate program		11,186			—		11,186
Earnings recognized by PAL for cotton rebate program		9,697			—		9,697

Distributions received		10,437			—		10,437

	For the Fiscal Year Ended June 30, 2019
	PAL		Other		Total
Net sales	$	836,675	$	25,621	$	862,296
Gross profit		24,455		4,713		29,168
Income from operations		6,575		2,988		9,563
Net income		7,534		3,093		10,627
Depreciation and amortization		40,679		190		40,869

Cash received by PAL under cotton rebate program		13,367		—		13,367
Earnings recognized by PAL for cotton rebate program		12,896		—		12,896

Distributions received		647		2,000		2,647

	For the Fiscal Year Ended June 24, 2018
	PAL		Other		Total
Net sales	$	796,010	$	24,097	$	820,107
Gross profit		31,112		4,646		35,758
Income from operations		12,032		2,917		14,949
Net income		12,990		2,961		15,951
Depreciation and amortization		39,404		190		39,594

Cash received by PAL under cotton rebate program		13,797		—		13,797
Earnings recognized by PAL for cotton rebate program		13,334		—		13,334

Distributions received		9,236		3,000		12,236

Commitments and Contingencies (Tables)

12 Months Ended

Jun. 28, 2020

Commitments And Contingencies Disclosure [Abstract]

Schedule of Unconditional Purchase Obligations

On a fiscal year basis, the minimum payments expected to be made as part of such commitments are as follows:

	Fiscal 2021		Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Thereafter
Unconditional purchase obligations	$	6,621	$	5,130	$	5,109	$	3,350	$	1,680	$	7
Unconditional service obligations		4,357		2,839		570		258		258		377
Total unconditional obligations	$	10,978	$	7,969	$	5,679	$	3,608	$	1,938	$	384

Schedule of Costs Incurred Under Purchases and Services Obligations

For fiscal 2020, 2019 and 2018, total costs incurred under these commitments consisted of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Costs for unconditional purchase obligations	$	21,483	$	23,542	$	24,777
Costs for unconditional service obligations		2,082		5,169		2,454
Total	$	23,565	$	28,711	$	27,231

Related Party Transactions (Tables)

12 Months Ended

Jun. 28, 2020

Related Party Payables

Related party payables for Salem Leasing Corporation consist of the following:

	June 28, 2020		June 30, 2019
Accounts payable	$	616	$	634
Operating lease obligations		1,481		—
Finance lease obligations		6,509		806
Total related party payables	$	8,606	$	1,440

Schedule of Related Party Transactions

Related party transactions in excess of $120 for the current or prior two fiscal years consist of the matters in the table below and the following paragraphs:

		For the Fiscal Year Ended
Affiliated Entity	Transaction Type	June 28, 2020		June 30, 2019		June 24, 2018
Salem Leasing Corporation	Transportation equipment costs and finance lease debt service	$	3,798	$	4,102	$	3,979
Salem Global Logistics, Inc.	Freight service income		—		—		147

Business Segment Information (Tables)

12 Months Ended

Jun. 28, 2020

Segment Reporting [Abstract]

Selected Financial Information for Polyester, Nylon, International and Other Segments

Selected financial information is presented below:

	For the Fiscal Year Ended June 28, 2020
	Polyester		Asia		Brazil		Nylon			All Other		Total
Net sales	$	309,184	$	153,032	$	73,339	$	67,381		$	3,573	$	606,509
Cost of sales		297,096		136,349		62,144		68,359			3,521		567,469
Gross profit (loss)		12,088		16,683		11,195		(978	)		52		39,040
Segment depreciation expense		16,904		—		1,385		1,917			453		20,659
Segment Profit	$	28,992	$	16,683	$	12,580	$	939		$	505	$	59,699

	For the Fiscal Year Ended June 30, 2019
	Polyester		Asia		Brazil		Nylon		All Other		Total
Net sales	$	370,770	$	132,866	$	102,877	$	98,127	$	4,164	$	708,804
Cost of sales		346,951		117,166		84,298		90,231		3,850		642,496
Gross profit		23,819		15,700		18,579		7,896		314		66,308
Segment depreciation expense		16,068		—		1,537		2,083		229		19,917
Segment Profit	$	39,887	$	15,700	$	20,116	$	9,979	$	543	$	86,225

	For the Fiscal Year Ended June 24, 2018
	Polyester		Asia		Brazil		Nylon		All Other		Total
Net sales	$	364,169	$	97,297	$	110,587	$	102,639	$	4,220	$	678,912
Cost of sales		330,975		80,677		84,726		92,155		3,951		592,484
Gross profit		33,194		16,620		25,861		10,484		269		86,428
Segment depreciation expense		15,893		—		1,648		2,197		256		19,994
Segment Profit	$	49,087	$	16,620	$	27,509	$	12,681	$	525	$	106,422

Reconciliations of Segment Gross Profit (Loss) to Consolidated Income Before Income Taxes

The reconciliations of segment gross profit to consolidated (loss) income before income taxes are as follows:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Polyester	$	12,088		$	23,819		$	33,194
Asia		16,683			15,700			16,620
Brazil		11,195			18,579			25,861
Nylon		(978	)		7,896			10,484
All Other		52			314			269
Segment gross profit		39,040			66,308			86,428
SG&A expenses		43,814			52,690			56,077
Provision (benefit) for bad debts		1,739			308			(38	)
Other operating expense, net		2,308			2,350			1,590
Operating (loss) income		(8,821	)		10,960			28,799
Interest income		(722	)		(628	)		(560	)
Interest expense		4,779			5,414			4,935
Equity in loss (earnings) of unconsolidated affiliates		477			(3,968	)		(5,787	)
Gain on sale of investment in unconsolidated affiliate		(2,284	)		—			—
Impairment of investment in unconsolidated affiliate		45,194			—			—
Loss on extinguishment of debt		—			131			—
(Loss) income before income taxes	$	(56,265	)	$	10,011		$	30,211

Reconciliation of Segment Depreciation and Amortization Expense to Consolidated Depreciation and Amortization Expense

The reconciliations of segment depreciation and amortization expense to consolidated depreciation and amortization expense are as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Polyester	$	16,904	$	16,068	$	15,893
Asia		—		—		—
Brazil		1,385		1,537		1,648
Nylon		1,917		2,083		2,197
All Other		453		229		256
Segment depreciation expense		20,659		19,917		19,994
Other depreciation and amortization expense		2,994		3,086		2,591
Depreciation and amortization expense	$	23,653	$	23,003	$	22,585

Reconciliation of Segment Capital Expenditures to Consolidated Capital Expenditures

The reconciliations of segment capital expenditures to consolidated capital expenditures are as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Polyester	$	13,714	$	17,291	$	16,605
Asia		60		32		36
Brazil		2,332		2,574		3,063
Nylon		249		624		1,366
Segment capital expenditures		16,355		20,521		21,070
Other capital expenditures		2,154		4,350		3,959
Capital expenditures	$	18,509	$	24,871	$	25,029

Reconciliation of Segment Total Assets to Consolidated Total Assets

The reconciliations of segment total assets to consolidated total assets are as follows:

	June 28, 2020		June 30, 2019
Polyester	$	263,496	$	287,608
Asia		41,452		35,219
Brazil		49,967		67,490
Nylon		42,020		57,055
Segment total assets		396,935		447,372
Other current assets		48,600		10,327
Other PP&E		23,676		18,664
Other operating lease assets		1,503		—
Other non-current assets		1,277		1,468
Investments in unconsolidated affiliates		2,171		114,320
Total assets	$	474,162	$	592,151

Product Sales Excluding All Other Category

Product sales (excluding the All Other category) are as follows, based on categorization into REPREVE^® Fiber sales and non-REPREVE^® Fiber sales.

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
REPREVE^® Fiber	$	186,141	$	180,254	$	160,366
Non-REPREVE^® Fiber		416,795		524,386		514,326
Total	$	602,936	$	704,640	$	674,692

Geographic Information for Net Sales

	For the Fiscal Year Ended
Net Sales	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	342,350	$	426,725	$	420,920
China		148,923		125,667		90,998
Brazil		73,339		102,877		110,587
Remaining Foreign Countries		41,897		53,535		56,407
Total	$	606,509	$	708,804	$	678,912

Export sales from UNIFI’s U.S. operations to external customers	$	64,305	$	84,707	$	94,205

Geographic Information for Long-lived Assets

Long-Lived Assets	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	195,874	$	305,483	$	305,229
Brazil		10,805		13,218		12,679
China		779		78		92
Remaining Foreign Countries		9,859		5,169		6,225
Total	$	217,317	$	323,948	$	324,225

Geographic Information for Total Assets

Total Assets	June 28, 2020		June 30, 2019		June 24, 2018
U.S.	$	352,869	$	457,571	$	455,963
Brazil		49,967		67,490		59,657
China		39,238		30,982		32,703
Remaining Foreign Countries		32,088		36,108		53,484
Total	$	474,162	$	592,151	$	601,807

Quarterly Results (Unaudited) (Tables)

12 Months Ended

Jun. 28, 2020

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Data

Quarterly financial data and selected highlights are as follows:

	For the Fiscal Quarter Ended
	September 29, 2019		December 29, 2019		March 29, 2020			June 28, 2020
Net sales ⁽¹⁾	$	179,949	$	169,511	$	170,994		$	86,055
Gross profit (loss) ⁽²⁾		17,443		15,665		15,383			(9,451	)
Net income (loss) ⁽³⁾		3,712		409		(41,111	)		(20,247	)
Net income (loss) per common share:
Basic ⁽⁴⁾	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)
Diluted ⁽⁴⁾	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)

	For the Fiscal Quarter Ended
	September 30, 2018		December 30, 2018		March 31, 2019			June 30, 2019
Net sales ⁽⁵⁾	$	181,611	$	167,711	$	179,989		$	179,493
Gross profit ⁽⁶⁾		20,019		14,156		13,791			18,342
Net income (loss) ⁽⁷⁾		1,812		1,171		(1,529	)		1,002
Net income (loss) per common share:
Basic ⁽⁴⁾	$	0.10	$	0.06	$	(0.08	)	$	0.05
Diluted ⁽⁴⁾	$	0.10	$	0.06	$	(0.08	)	$	0.05

(1)	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic.

(2)	Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.

(3)	Net loss for the fiscal quarter March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.

(4)	(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.

(5)	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.

(6)

(7)	Net income for the fiscal quarter ended June 30, 2019 includes severance charges for involuntary terminations.

Supplemental Cash Flow Information (Tables)

12 Months Ended

Jun. 28, 2020

Supplemental Cash Flow Information [Abstract]

Schedule of Cash Payments for Interest and Taxes

Cash payments for interest and taxes consist of the following:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Interest, net of capitalized interest of $126, $219 and $190, respectively	$	4,682	$	5,342	$	4,459
Income taxes, net of refunds		6,131		2,623		9,962

Background - Additional Information (Details) $ in Thousands	Jun. 28, 2020 USD ($) Entity	Jun. 30, 2019 USD ($)	Jun. 24, 2018 USD ($)	Jun. 25, 2017 USD ($)
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of countries in which entity operates \| Entity	4
Cash and cash equivalents	$ 75,267	$ 22,228	$ 44,890	$ 35,425
Revolving Credit Facility [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Excess availability under line of credit facility	$ 56,392

Summary of Significant Accounting Policies - Useful Lives of Property, Plant and Equipment (Details)	12 Months Ended
	Jun. 28, 2020
Land Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	5 years
Land Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	20 years
Building and Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	15 years
Building and Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	40 years
Machinery and Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	2 years
Machinery and Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	25 years
Computers, Software and Office Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	3 years
Computers, Software and Office Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	7 years
Internal Software Development Costs [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	3 years
Transportation Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	3 years
Transportation Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, Useful life	15 years

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)		9 Months Ended	12 Months Ended
	Apr. 29, 2020	Mar. 29, 2020	Jun. 28, 2020
Accounting Policies [Line Items]
Indefinite-Lived intangible assets			$ 0
Parkdale, Incorporated [Member]
Accounting Policies [Line Items]
Equity method investment, ownership percentage			66.00%
Parkdale America LLC [Member]
Accounting Policies [Line Items]
Equity method investment, ownership percentage			34.00%
Equity method investment, other than temporary impairment		$ 45,194,000	$ 45,194,000
Proceeds from sale of equity method investments	$ 60,000,000
Internal Software Development Costs [Member]
Accounting Policies [Line Items]
Property, plant and equipment, useful life			3 years

Summary of Significant Accounting Policies - Schedule of Research and Development Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Research And Development Expense [Abstract]
Research and development costs	$ 11,257	$ 12,359	$ 7,792

Summary of Significant Accounting Policies - Schedule of Advertising Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Accounting Policies [Abstract]
Advertising costs	$ 2,044	$ 3,639	$ 3,439

Recent Accounting Pronouncements - Schedule of Adjustment to Opening Balance of Fiscal 2019 Retained Earnings (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 24, 2018

Jun. 28, 2020

^[1]

Mar. 29, 2020

^[1]

Dec. 29, 2019

^[1]

Sep. 29, 2019

^[1]

Jun. 30, 2019

^[2]

Mar. 31, 2019

^[2]

Dec. 30, 2018

^[2]

Sep. 30, 2018

^[2]

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

Retained Earnings Adjustments [Line Items]

Revenue earned in fourth quarter fiscal 2018 related to contracts open at June 24, 2018

$ 86,055

$ 170,994

$ 169,511

$ 179,949

$ 179,493

$ 179,989

$ 167,711

$ 181,611

$ 606,509

$ 708,804

$ 678,912

Less associated cost of sales

567,469

642,496

592,484

Less associated income tax

$ 972

7,555

$ (1,491)

Accounting Standards Update 2014-09

Retained Earnings Adjustments [Line Items]

Revenue earned in fourth quarter fiscal 2018 related to contracts open at June 24, 2018

$ 8,593

Less associated cost of sales

7,992

Less associated income tax

142

Adjustment to retained earnings for contracts open at June 24, 2018

$ 459

[1]	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic
[2]	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.

Leases - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jul. 01, 2019
Lessee Lease Description [Line Items]
Operating lease assets	$ 8,940	$ 9,802
Operating Lease Liabilities	9,034	$ 10,105
Property, Plant & Equipment, Net [Member]
Lessee Lease Description [Line Items]
Addition in finance lease assets	$ 727
Minimum [Member]
Lessee Lease Description [Line Items]
LesseeOperatingAndFinanceLeaseTermOfContract	1 year
Maximum [Member]
Lessee Lease Description [Line Items]
LesseeOperatingAndFinanceLeaseTermOfContract	15 years

Leases - Schedule of Balance Sheet Location and Values of Company's Lease Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jul. 01, 2019
Lease Assets
Operating lease assets	$ 8,940	$ 9,802
Total lease assets	30,952
Lease Liabilities
Current operating lease liabilities	1,783
Current finance lease liabilities	3,563
Total current lease liabilities	5,346
Non-current operating lease liabilities	7,251
Non-current finance lease liabilities	7,818
Total non-current lease liabilities	15,069
Total lease liabilities	20,415
Property, Plant & Equipment, Net [Member]
Lease Assets
Finance lease assets	22,012
Current Portion of Long-term Debt [Member]
Lease Liabilities
Current finance lease liabilities	3,563
Long-term debt [Member]
Lease Liabilities
Non-current finance lease liabilities	$ 7,818

Leases - Schedule of Components of Lease Cost (Details) $ in Thousands	12 Months Ended
	Jun. 28, 2020 USD ($)
Leases [Abstract]
Operating lease cost	$ 2,503
Variable lease cost	483
Finance lease cost:
Amortization of lease assets	2,527
Interest on lease liabilities	439
Short-term lease cost	1,124
Total lease cost	$ 7,076

Leases - Schedule of Supplemental Cash Flow Information and Non-Cash Activity Related to Operating Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Leases [Abstract]
Operating cash flows used by operating leases	$ 2,503
Financing cash flows used by finance leases	6,035	$ 7,019	$ 7,060
Non-cash activities:
Leased assets obtained in exchange for new operating lease liabilities	5,525
Leased assets obtained in exchange for new finance lease liabilities	$ 6,301

Leases - Schedule of Weighted-Average Remaining Lease Term and Discount Rate for Operating Leases and Finance Leases (Details)	Jun. 28, 2020
Leases [Abstract]
Operating leases	6 years 7 months 6 days
Finance leases	4 years 2 months 12 days
Operating leases	5.00%
Finance leases	3.60%

Leases - Schedule of Future Minimum Lease Payments for Finance Leases and Operating Leases (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jul. 01, 2019	Jun. 30, 2019
Finance Leases
Fiscal 2021	$ 3,989
Fiscal 2022	3,684
Fiscal 2023	1,308
Fiscal 2024	1,309
Fiscal 2025	1,165
Fiscal years thereafter	1,410
Total minimum lease payments	12,865
Less estimated executory costs	(569)
Less imputed interest	(915)
Present value of net minimum lease payments	11,381		$ 11,118
Less current portion of lease obligations	(3,563)
Non-current finance lease liabilities	7,818
Operating Leases
Fiscal 2021	2,168
Fiscal 2022	1,722
Fiscal 2023	1,494
Fiscal 2024	1,223
Fiscal 2025	1,084
Fiscal years thereafter	3,071
Total minimum lease payments	10,762
Less imputed interest	(1,728)
Present value of net minimum lease payments	9,034	$ 10,105
Less current portion of lease obligations	(1,783)
Non-current operating lease liabilities	$ 7,251

Leases - Schedule of Rent Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 24, 2018
Leases [Abstract]
Rental expenses	$ 4,915	$ 4,835

Revenue Recognition - Disaggregated Revenues for UNIFI (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 28, 2020

^[1]

Mar. 29, 2020

^[1]

Dec. 29, 2019

^[1]

Sep. 29, 2019

^[1]

Jun. 30, 2019

^[2]

Mar. 31, 2019

^[2]

Dec. 30, 2018

^[2]

Sep. 30, 2018

^[2]

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

Disaggregation Of Revenue [Line Items]

Third-Party Manufacturer [Member]

$ 86,055

$ 170,994

$ 169,511

$ 179,949

$ 179,493

$ 179,989

$ 167,711

$ 181,611

$ 606,509

$ 708,804

$ 678,912

Disaggregation Of Revenue [Line Items]

Disaggregation Of Revenue [Line Items]

598,510

700,077

670,239

Service [Member]

$ 7,999

$ 8,727

$ 8,673

[1]	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic
[2]	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.

Receivables, Net - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Receivables [Abstract]
Customer receivables	$ 54,903	$ 89,495
Allowance for uncollectible accounts	(3,796)	(2,338)
Reserves for quality claims	(928)	(961)
Net customer receivables	50,179	86,196
Other receivables	3,547	2,688
Total receivables, net	$ 53,726	$ 88,884

Receivables, Net - Allowance for Credit Losses on Financing Receivables (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Allowance for Doubtful Accounts [Member]
Balance at beginning of period		$ (2,059)	$ (2,222)
Credited (charged) to costs and expenses	$ (1,739)	(308)	38
Translation activity	186	(9)	125
Deductions	95	38
Balance at end of period	(3,796)	(2,338)	(2,059)
Reserve For Quality Claims [Member]
Balance at beginning of period		(564)	(1,278)
Credited (charged) to costs and expenses	(1,251)	(2,019)	(821)
Translation activity	10	5	(9)
Deductions	1,274	1,617	1,544
Balance at end of period	$ (928)	$ (961)	$ (564)

Inventories - Inventories Components (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 42,758	$ 55,531
Supplies	9,294	9,020
Work in process	6,267	8,510
Finished goods	55,609	63,111
Gross inventories	113,928	136,172
Inventory reserves	(4,224)	(2,391)
Total inventories	$ 109,704	$ 133,781

Inventories - Additional Information (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Inventory Disclosure [Abstract]
Foreign inventory valued at average cost	$ 42,451	$ 45,122

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Other Assets Current [Abstract]
Contract assets	$ 4,953	$ 7,794
Value-added taxes receivable	2,604	2,519
Vendor deposits	2,349	4,187
Prepaid expenses	1,857	1,856
Total other current assets	$ 11,763	$ 16,356

Property, Plant and Equipment, Net - PP&E Net Components (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Property Plant And Equipment [Line Items]
Gross PP&E	$ 848,312	$ 851,103
Less: accumulated depreciation	(636,221)	(636,135)
Less: accumulated amortization – finance leases	(7,845)	(8,181)
Total PP&E, net	204,246	206,787
Land [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	3,154	3,138
Land Improvements [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	16,344	15,249
Buildings and Improvements [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	158,025	161,566
Assets under Finance Leases [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	29,857	31,897
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	602,867	603,950
Computers, Software and Office Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	22,677	23,011
Transportation Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	7,806	5,809
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Gross PP&E	$ 7,582	$ 6,483

Property, Plant and Equipment, Net - Schedule of Capital Leased Assets (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Property Plant And Equipment [Line Items]
Gross assets under finance leases	$ 29,857	$ 31,897
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Gross assets under finance leases	15,542	22,991
Transportation Equipment [Member]
Property Plant And Equipment [Line Items]
Gross assets under finance leases	10,487	5,078
Building Improvements [Member]
Property Plant And Equipment [Line Items]
Gross assets under finance leases	$ 3,828	$ 3,828

Property, Plant and Equipment, Net - Schedule of Depreciation Expense and Repair and Maintenance Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Property Plant And Equipment [Abstract]
Depreciation and amortization expense	$ 22,551	$ 21,602	$ 21,109
Repair and maintenance expenses	$ 18,093	$ 21,226	$ 19,761

Intangible Assets, Net - Components of Intangible Assets, Net (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 3,945	$ 25,906
Intangible assets, accumulated amortization	(2,533)	(23,736)
Total intangible assets, net	1,412	2,170
Customer Lists [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	1,615	23,615
Intangible assets, accumulated amortization	(1,493)	(23,166)
Non-compete Agreements [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	1,875	1,875
Intangible assets, accumulated amortization	(813)	(438)
Trademarks [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	455	416
Intangible assets, accumulated amortization	$ (227)	$ (132)

Intangible Assets, Net - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 24, 2018	Jun. 29, 2014	Jun. 24, 2007	Jun. 30, 2019
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 3,945				$ 25,906
Customer Lists [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	1,615				23,615
Trademarks [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 455				416
Trademarks [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	3 years
Non-compete Agreements [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 1,875				$ 1,875
Non-compete Agreements [Member] \| Polyester [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life		5 years
Intangible assets, gross		$ 1,875
Dillon Texturing Operations [Member] \| Customer Lists [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life				13 years
Dillon Draw Winding [Member ] \| Customer Lists [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life			9 years

Intangible Assets, Net - Amortization Expense for Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 855	$ 1,112	$ 1,110
Customer Lists [Member]
Finite Lived Intangible Assets [Line Items]
Amortization expense	326	639	843
Non-compete Agreements [Member]
Finite Lived Intangible Assets [Line Items]
Amortization expense	375	379	205
Trademarks [Member]
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 154	$ 94	$ 62

Intangible Assets, Net - Expected Intangible Asset Amortization (Details) $ in Thousands	Jun. 28, 2020 USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Fiscal 2021	$ 570
Fiscal 2022	505
Fiscal 2023	337
Fiscal 2024	0
Fiscal 2025	$ 0

Accrued Expenses - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Payables And Accruals [Abstract]
Payroll and fringe benefits	$ 8,036	$ 9,775
Utilities	1,565	2,061
Deferred revenue	1,279	516
Severance	1,083	2,058
Property taxes	976	999
Current portion of supplemental post-employment plan	5	411
Other	745	1,029
Total accrued expenses	$ 13,689	$ 16,849

Long-Term Debt - Long-Term Debt Components (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 28, 2020

Jun. 30, 2019

Finance lease obligations

$ 11,381

$ 11,118

Total debt

98,881

128,018

Current portion of finance lease obligations

(3,563)

(5,519)

Unamortized debt issuance costs

(711)

(958)

Total long-term debt

$ 84,607

111,541

Finance Lease Obligations [Member]

Debt Instrument, Interest Rate, Effective Percentage

3.60%

ABL Revolver [Member]

Debt Instrument, Maturity Date

2023-12

Debt Instrument, Interest Rate, Effective Percentage

0.00%

Long-term Debt

19,400

ABL Term Loan [Member]

Debt Instrument, Maturity Date

^[1]

2023-12

Current ABL Term Loan

$ (10,000)

(10,000)

Weighted Average

^[1]

3.20%

Outstanding balances of term loan

^[1]

$ 87,500

$ 97,500

[1]	Includes the effects of interest rate swaps.

Long-Term Debt - Long-Term Debt Components (Details) (Parenthetical)	12 Months Ended
	Jun. 28, 2020
Debt Disclosure [Abstract]
Finance lease obligations, scheduled maturity start date	2020-07
Finance lease obligations, scheduled maturity end date	2027-11

Long-Term Debt - Additional Information (Details) - USD ($)					12 Months Ended
	May 15, 2020	Apr. 29, 2020	Dec. 18, 2018	Dec. 17, 2018	Jun. 28, 2020	Jun. 30, 2019
Debt Instrument [Line Items]
Loss on extinguishment of debt						$ 131,000
Variable rate borrowings amount					$ 75,000,000
Finance lease obligations					$ 6,301,000
Lease expiration range end date					Mar. 31, 2025
Lease expiration range end date					Nov. 30, 2026
Swap A [Member]
Debt Instrument [Line Items]
Derivative notional amount					$ 20,000,000
Swap B [Member]
Debt Instrument [Line Items]
Derivative notional amount					30,000,000
Swap C [Member]
Debt Instrument [Line Items]
Derivative notional amount					$ 25,000,000
Minimum [Member]
Debt Instrument [Line Items]
Line of credit facility, unused capacity, commitment fee percentage					0.25%
Finance lease discount rate					3.10%
Maximum [Member]
Debt Instrument [Line Items]
Finance lease discount rate					3.50%
Parkdale America LLC [Member]
Debt Instrument [Line Items]
Equity method investment, ownership percentage					34.00%
Proceeds from sale of equity method investments		$ 60,000,000
LIBOR [Member]
Debt Instrument [Line Items]
Derivative, average fixed interest rate					1.90%
A B L Facility
Debt Instrument [Line Items]
Foreign capital stock, maximum voting stock of first tier foreign subsidiaries					65.00%
Fixed charge coverage ratio					0.23
A B L Facility \| Parkdale America LLC [Member]
Debt Instrument [Line Items]
Equity method investment, ownership percentage		34.00%
Proceeds from sale of equity method investments	$ 60,000,000
ABL Revolver [Member] \| Base Rate [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate					0.25%
ABL Revolver [Member] \| Base Rate [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate					0.75%
ABL Revolver [Member] \| LIBOR [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate					1.25%
ABL Revolver [Member] \| LIBOR [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate					1.75%
Revolving Credit Facility [Member] \| A B L Facility
Debt Instrument [Line Items]
Line of credit facility, remaining borrowing capacity					$ 56,392,000
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Line of credit facility, current borrowing capacity					$ 0
Credit Agreement [Member]
Debt Instrument [Line Items]
Debt agreement maximum borrowing capacity			$ 200,000,000
Outstanding balances of term loan			$ 100,000,000
Debt instrument maturity date			Dec. 18, 2023
Principal amount of term loan			$ 100,000,000
Annual interest rate added to federal funds rate					0.50%
Annual interest rate added to LIBOR rate					1.00%
Credit Agreement [Member] \| A B L Facility
Debt Instrument [Line Items]
Outstanding balances of term loan			$ 100,000	$ 80,000
Debt instrument maturity date			Dec. 18, 2023	Mar. 26, 2020
Principal amount of term loan			$ 100,000	$ 80,000
Loss on extinguishment of debt			$ 131,000
Minimum monthly fixed charge coverage ratio covenant					1.05
Credit Agreement [Member] \| A B L Facility \| Base Rate [Member]
Debt Instrument [Line Items]
Decrease in the applicable margin rate percentage			0.25%
Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 100,000,000
Credit Agreement [Member] \| Revolving Credit Facility [Member] \| A B L Facility \| Trigger Level [Member]
Debt Instrument [Line Items]
Line of credit facility, remaining borrowing capacity					$ 23,438,000

Long-Term Debt - Scheduled Maturities of Outstanding Debt Obligations (Details) $ in Thousands	Jun. 28, 2020 USD ($)
Debt Instrument Redemption [Line Items]
Fiscal 2021	$ 13,563
Fiscal 2022	13,388
Fiscal 2023	11,094
Fiscal 2024	58,632
Fiscal 2025	1,028
Thereafter	1,176
Finance Lease Obligations [Member]
Debt Instrument Redemption [Line Items]
Fiscal 2021	3,563
Fiscal 2022	3,388
Fiscal 2023	1,094
Fiscal 2024	1,132
Fiscal 2025	1,028
Thereafter	1,176
ABL Term Loan [Member]
Debt Instrument Redemption [Line Items]
Fiscal 2021	10,000
Fiscal 2022	10,000
Fiscal 2023	10,000
Fiscal 2024	$ 57,500

Other Long-Term Liabilities - Other Long-Term Liabilities Components (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Other Liabilities Disclosure [Abstract]
Supplemental post-employment plan	$ 3,019	$ 2,695
Interest rate swaps	2,551	647
Uncertain tax positions	1,112	1,043
Other	1,924	1,800
Total other long-term liabilities	$ 8,606	$ 6,185

Income Taxes - Components of Income before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Income Tax Disclosure [Abstract]
U.S.	$ (74,905)	$ (13,326)	$ (7,852)
Foreign	18,640	23,337	38,063
(Loss) income before income taxes	$ (56,265)	$ 10,011	$ 30,211

Income Taxes - Schedule of Provision (Benefit) for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Current:
Federal	$ 282		$ (178)	$ (4,918)
State	(118)		28	(416)
Foreign	4,819		7,282	9,639
Total current tax expense	4,983		7,132	4,305
Deferred:
Federal	(3,783)		(813)	(5,315)
State	116		1,097	(872)
Foreign	(344)		139	391
Total deferred tax expense	(4,011)		423	(5,796)
Provision (benefit) for income taxes	$ 972	$ 972	$ 7,555	$ (1,491)

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2017	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Income Taxes [Line Items]
U.S. Federal corporate income tax rate	35.00%		21.00%	21.00%	28.30%
Provisional tax benefit					$ 396
Additional tax benefit				$ 843
Decrease in effective tax rate				8.40%
Total tax benefit related to enactment				$ 1,239
Tax benefit related to re-measurement of deferred tax balances				3,986
Tax expense, net of foreign tax credits				2,747
Capital loss carryforwards		$ 13,791	$ 13,791	1,105
U.S state net operating loss carryforwards		57,809	$ 57,809
Net operating loss carryforwards beginning expiration year			2022
Unrecognized Tax Benefits, Interest on Income Taxes Accrued		568	$ 568
Amount of Unrecognized Deferred Tax Liability		3,732	3,732
Capital Loss Carryforward
Income Taxes [Line Items]
Capital loss carryforwards		54,164	$ 54,164
U.S. Federal Foreign Tax Credits [Member]
Income Taxes [Line Items]
Net operating loss carryforwards beginning expiration year			2021
U.S federal net operating loss carry a full valuation allowance		13,485	$ 13,485
Foreign Tax Credits [Member]
Income Taxes [Line Items]
U.S federal net operating loss carry a full valuation allowance		3,265	3,265
Earliest Tax Year [Member]
Income Taxes [Line Items]
State deferred tax expense component, utilization of net operating loss carryforwards		20		106	116
Foreign deferred tax expense component, utilization of net operating loss carryforwards		702		655	773
Valuation allowance, deferred tax asset, increase (decrease), amount		11,419		10,877	2,814
Unrecognized tax benefits that would impact effective tax rate		1,112	1,112
Unrecognized tax benefits, income tax penalties and interest expense			69	22	(1,030)
Unrecognized tax benefits, income tax penalties and interest accrued		132	132	63	$ 41
Undistributed earnings of foreign subsidiaries		31,872	31,872
U.S. Federal [Member]
Income Taxes [Line Items]
Net operating loss		89	$ 89	$ 3,122
U.S. Federal [Member] \| Earliest Tax Year [Member]
Income Taxes [Line Items]
Open tax year			2014
Net Operating Loss Held Outside U.S Consolidated Tax Filing Group [Member]
Income Taxes [Line Items]
U.S state net operating loss carryforwards		16,653	$ 16,653
Net operating loss carryforwards beginning expiration year			2021
Net Operating Loss Held Outside U.S Consolidated Tax Filing Group [Member] \| Capital Loss Carryforward
Income Taxes [Line Items]
Capital loss carryforwards		4,489	$ 4,489
Net Operating Loss Held Outside U.S Consolidated Tax Filing Group [Member] \| U.S. Federal NOL [Member]
Income Taxes [Line Items]
U.S federal net operating loss carryforwards		4,383	4,383
Foreign Net Operating Loss Carry Forwards [Member]
Income Taxes [Line Items]
U.S federal net operating loss carry a full valuation allowance		$ 6,666	$ 6,666
State and Local Jurisdiction [Member] \| Earliest Tax Year [Member] \| North Carolina Department of Revenue [Member]
Income Taxes [Line Items]
Open tax year			2014
State and Local Jurisdiction [Member] \| Latest Tax Year [Member] \| North Carolina Department of Revenue [Member]
Income Taxes [Line Items]
Open tax year			2015

Income Taxes - Reconciliation from Federal Statutory Tax Rate to Effective Tax Rate (Details)	6 Months Ended	12 Months Ended
	Dec. 31, 2017	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Effective Income Tax Rate Continuing Operations Tax Rate Reconciliation [Abstract]
Federal statutory tax rate	35.00%	21.00%	21.00%	28.30%
Foreign income taxed at different rates		(1.20%)	16.10%	(2.40%)
Repatriation of foreign earnings and withholding taxes		(2.00%)	20.30%	1.80%
U.S. tax on GILTI		(5.00%)	32.50%
Change in valuation allowance		0.60%	(1.50%)	(12.90%)
Foreign tax credits		0.90%	(11.90%)	(11.00%)
Domestic production activities deduction			(5.60%)	0.50%
Research and other business credits		2.00%	(7.70%)	(1.80%)
State income taxes, net of federal tax benefit		2.60%	(0.60%)	(3.90%)
Change in uncertain tax positions		(0.30%)	8.20%	(15.10%)
Nondeductible compensation		(0.80%)	5.10%	1.60%
Nontaxable income		1.10%	(4.20%)
Valuation allowance related to loss on sale of investment in PAL		(19.30%)
Tax expense on unremitted foreign earnings		(0.90%)
Toll charge			0.70%	23.90%
Revaluation of U.S. deferred balances due to U.S. tax reform			3.10%	(14.20%)
Nondeductible expenses and other		(0.40%)		0.30%
Effective tax rate		(1.70%)	75.50%	(4.90%)

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Components Of Deferred Tax Assets And Liabilities [Abstract]
Investments, including unconsolidated affiliates	$ 3,995	$ 5,680
Tax credits	19,457	17,237
Capital loss carryforwards	13,791	1,105
NOL carryforwards	3,907	4,381
Research and development costs	6,073	4,081
Other items	8,429	7,890
Total gross deferred tax assets	55,652	40,374
Valuation allowance	(37,439)	(26,020)	$ (15,143)
Net deferred tax assets	18,213	14,354
PP&E	(17,733)	(18,325)
Other	(677)	(295)
Total deferred tax liabilities	(18,410)	(18,620)
Net deferred tax liabilities	$ (197)	$ (4,266)

Income Taxes - Deferred Tax Valuation Allowance Activities (Details) - Valuation Allowance of Deferred Tax Assets [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	$ (26,020)		$ (15,143)	$ (17,957)
(Increase) decrease in valuation allowance		$ (11,419)	(10,877)	2,814
Balance at end of period	$ (37,439)	$ (37,439)	$ (26,020)	$ (15,143)

Income Taxes - Schedule of Components of Deferred Tax Valuation Allowance (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Valuation Allowance [Line Items]
Deferred tax valuation allowance	$ (37,439)	$ (26,020)	$ (15,143)
Investments, Including Unconsolidated Affiliates [Member]
Valuation Allowance [Line Items]
Deferred tax valuation allowance	(3,995)	(5,696)	(5,522)
NOL Carryforwards [Member]
Valuation Allowance [Line Items]
Deferred tax valuation allowance	(2,542)	(2,943)	(3,086)
Capital Loss Carryforward
Valuation Allowance [Line Items]
Deferred tax valuation allowance	(13,791)	(1,105)	(1,105)
A B L Facility
Valuation Allowance [Line Items]
Deferred tax valuation allowance	$ (17,111)	$ (16,276)	$ (5,430)

Income Taxes - Reconciliation of Beginning and Ending Gross Amounts of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Income Tax Uncertainties [Abstract]
Balance at beginning of year	$ 1,083	$ 166	$ 4,463
Gross increases related to current period tax positions	98	26	26
Gross increases (decreases) related to tax positions in prior periods	37	980	(119)
Gross decreases related to settlements with tax authorities			(4,204)
Gross decreases related to lapse of applicable statute of limitations		(89)
Balance at end of year	$ 1,218	$ 1,083	$ 166

Shareholders' Equity - Additional Information (Details) - USD ($)	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018	Oct. 31, 2018
Equity Class Of Treasury Stock [Line Items]
Payments of Dividends	$ 0	$ 0	$ 0
2018 Share Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Share Repurchase Program, Authorized Amount				$ 50,000,000
Share Repurchase Program, Remaining Authorized Repurchase Amount	$ 48,008,000

Shareholders' Equity - Repurchases and Retirements of Common Stock (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 28, 2020 USD ($) $ / shares shares
Stockholders Equity [Line Items]
Common stock repurchased and retired under publicly announced program (in shares) \| shares	84
Average Price Paid per Share \| $ / shares	$ 23.72
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs	$ 48,008
Fiscal Year Thousand And Nineteen
Stockholders Equity [Line Items]
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs	$ 50,000
Fiscal Year Two Thousand And Twenty
Stockholders Equity [Line Items]
Common stock repurchased and retired under publicly announced program (in shares) \| shares	84
Average Price Paid per Share \| $ / shares	$ 23.72
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs	$ 48,008

Stock-Based Compensation - Additional Information (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	May 01, 2020 USD ($) d $ / shares shares	Jun. 28, 2020 USD ($) $ / shares shares	Jun. 28, 2020 USD ($) shares	Jun. 30, 2019 USD ($) $ / shares shares	Jun. 24, 2018 USD ($) $ / shares shares	Oct. 24, 2018 shares	Oct. 23, 2013 shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period, gross \| shares		676,000
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price \| $ / shares		$ 13.48
Options used Black-Scholes model for valuation \| shares		343,000
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized \| $		$ 3,674	$ 3,674
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition		2 years 6 months
Proceeds from stock options exercised \| $		$ 29		$ 483	$ 219
Employee service share-based compensation, tax benefit realized from exercise of stock options \| $		$ 178		325	442
Share-based compensation arrangement by share-based payment award, options, grants in period, gross \| shares		4,000
Share-based compensation arrangement by share-based payment award, compensation expense \| $		$ 100
Common Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Price attainment for consecutive trading days for vesting \| d	10
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period	10 years
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price \| $ / shares	$ 11.74
Stock Options [Member] \| Share Based Compensation Award Vested One
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation arrangement by share-based payment award, options, vested, number of shares \| shares	100
Grant date fair value \| $ / shares	$ 4.83
Stock Options [Member] \| Share Based Compensation Award Vested Two
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period	3 years
Share based compensation arrangement by share-based payment award, options, vested, number of shares \| shares	100
Grant date fair value \| $ / shares	$ 4.83
Stock Options [Member] \| Common Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period, gross \| shares	533,000
Stock Options [Member] \| Common Stock [Member] \| Share Based Compensation Award Vested One
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation arrangement by share-based payment award, options, vested, number of shares \| shares	100
Grant date fair value \| $ / shares	$ 2.70
Stock Options [Member] \| Common Stock [Member] \| Share Based Compensation Award Vested One \| Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period	4 years
Share based compensation arrangement by share based payment award options vested price attainment \| $	$ 40
Stock Options [Member] \| Common Stock [Member] \| Share Based Compensation Award Vested One \| Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period	5 years
Share based compensation arrangement by share based payment award options vested price attainment \| $	$ 50
Stock Options [Member] \| Common Stock [Member] \| Share Based Compensation Award Vested Two
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period	5 years
Share based compensation arrangement by share-based payment award, options, vested, number of shares \| shares	233
Grant date fair value \| $ / shares	$ 2.33
Share based compensation arrangement by share based payment award options vested price attainment \| $	$ 50
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized \| $		$ 1,946	$ 1,946
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition		3 years 2 months 12 days
Share-based compensation arrangement by share-based payment award, options, exercises in period, intrinsic value \| $		$ 147		971	2,703
Proceeds from stock options exercised \| $		29		483	219
Employee service share-based compensation, tax benefit realized from exercise of stock options \| $		$ 20		$ 61	$ 398
RSUs Issued to Key Employees [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period \| shares		127,000		75,000	86,000
Service Period (years)		3 years
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value \| $ / shares		$ 19.74		$ 23.58	$ 32.16
VSUs Issued to Non-Employee Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period \| shares		24,000		47,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value \| $ / shares		$ 27.15		$ 23.27
RSUs Issued to Non-Employee Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period \| shares					30,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, grants in period, weighted average grant date fair value \| $ / shares					$ 35.83
Restricted Stock Units (RSUs) and Vested Share Units (VSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested and expected to vest, number \| shares		361,000	361,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, outstanding \| $		$ 4,223	$ 4,223
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested, number \| shares		219,000	219,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, vested \| $		$ 2,562
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized \| $		1,728	$ 1,728
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition			1 year 9 months 18 days
Share-based compensation arrangement by share-based payment award, equity instruments other than options, converted in period, aggregate intrinsic value \| $		1,708		$ 1,427	$ 1,620
Employee service share-based compensation, tax benefit realized from exercise of stock options \| $		$ 206		$ 164	$ 247
The 2013 Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, Number of shares authorized \| shares							1,000,000
Expiration date		Oct. 24, 2018
The Amended and Restated 2013 Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, Number of shares authorized \| shares		1,250,000	1,250,000
Number of shares available for future issuance \| shares		222,000	222,000			1,250,000

Stock-Based Compensation - Summary of Number of Securities Remaining Available for Future Issuance (Details) - shares	12 Months Ended
	Jun. 28, 2020	Oct. 24, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to employees	(4,000)
Amended 2013 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Authorized under the Amended 2013 Plan	1,250,000
Available for issuance under the Amended 2013 Plan	222,000	1,250,000
Amended 2013 Plan [Member] \| Awards Expired, Forfeited or Otherwise Terminated Unexercised [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Plus: Awards expired, forfeited or otherwise terminated unexercised	158,000
Amended 2013 Plan [Member] \| Awards Granted to Employees [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to employees	(1,069,000)
Amended 2013 Plan [Member] \| Awards Granted to Non-Employee Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to non-employee directors	(117,000)

Stock-Based Compensation - Stock Option Valuation Assumptions (Details) - $ / shares	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Quantity	676,000
Weighted Average Exercise Price	$ 13.48
Expected term (years)	5 years 6 months	5 years 6 months	5 years 2 months 12 days
Risk-free interest rate	0.70%	2.90%	2.00%
Volatility	43.20%	32.60%	34.30%
Dividend yield	0.00%	0.00%	0.00%
Black-Scholes Model [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Quantity	143	190	73
Service Period (years)	3 years	3 years	3 years
Weighted Average Exercise Price	$ 19.95	$ 23.73	$ 32.61
Weighted Average Grant Date Fair Value	$ 7.33	$ 8.42	$ 11.14

Stock-Based Compensation - Summary of Stock Option Activity (Details) shares in Thousands	12 Months Ended
	Jun. 28, 2020 $ / shares shares
Employee Service Share Based Compensation Aggregate Disclosures [Abstract]
Stock Options, Outstanding at June 30, 2019 \| shares	377
Stock Options, Granted \| shares	676
Stock Options, Exercised \| shares	(12)
Stock Options, Cancelled or forfeited \| shares	(33)
Stock Options, Expired \| shares	(5)
Stock Options, Outstanding at June 28, 2020 \| shares	1,003
Stock Options, Vested and expected to vest as of June 28, 2020 \| shares	1,003
Stock Options, Exercisable at June 28, 2020 \| shares	374
Weighted Average Exercise Price, Outstanding at June 30, 2019 \| $ / shares	$ 24.88
Weighted Average Exercise Price \| $ / shares	13.48
Weighted Average Exercise Price, Exercised \| $ / shares	5.73
Weighted Average Exercise Price, Cancelled or forfeited \| $ / shares	27.45
Weighted Average Exercise Price, Expired \| $ / shares	32.56
Weighted Average Exercise Price, Outstanding at June 28, 2020 \| $ / shares	17.29
Weighted Average Exercise Price, Vested and expected to vest as of June 28, 2020 \| $ / shares	17.29
Weighted Average Exercise Price, Exercisable at June 28, 2020 \| $ / shares	$ 18.89
Weighted Average Remaining Contractual Life (Years), Outstanding at June 28, 2020	8 years 6 months
Weighted Average Remaining Contractual Life (Years), Vested and expected to vest as of June 28, 2020	8 years 6 months
Weighted Average Remaining Contractual Life (Years), Exercisable at June 28, 2020	6 years 1 month 6 days

Stock-Based Compensation - Summary of RSU and VSU Activity (Details) - Restricted Stock Units (RSUs) and Vested Share Units (VSUs) [Member] shares in Thousands	12 Months Ended
	Jun. 28, 2020 $ / shares shares
Nonvested [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding (in shares)	113
Granted (in shares)	151
Vested (in shares)	(104)
Cancelled or forfeited (in shares)	(18)
Outstanding (in shares)	142
Outstanding (in dollars per share) \| $ / shares	$ 27.50
Granted (in dollars per share) \| $ / shares	20.91
Vested (in dollars per share) \| $ / shares	27.61
Cancelled or forfeited (in dollars per share) \| $ / shares	28.31
Outstanding (in dollars per share) \| $ / shares	$ 20.31
Vested [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding (in shares)	192
Vested (in shares)	104
Converted (in shares)	(77)
Outstanding (in shares)	219
Total Nonvested and Vested [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding (in shares)	305
Granted (in shares)	151
Converted (in shares)	(77)
Cancelled or forfeited (in shares)	(18)
Outstanding (in shares)	361
Outstanding (in dollars per share) \| $ / shares	$ 25.61
Granted (in dollars per share) \| $ / shares	20.91
Vested (in dollars per share) \| $ / shares	27.61
Converted (in dollars per share) \| $ / shares	27.68
Cancelled or forfeited (in dollars per share) \| $ / shares	28.31
Outstanding (in dollars per share) \| $ / shares	$ 23.08

Stock-Based Compensation - Stock Based Compensation Total Cost Charged Against Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation cost	$ 3,510	$ 2,648	$ 4,926
Stock options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation cost	1,265	671	884
RSUs and VSUs [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation cost	$ 2,245	$ 1,977	$ 4,042

Defined Contribution Plan - Additional Information (Details) - Retirement Savings Plan [Member]	12 Months Ended
	Jun. 28, 2020
Contribution for the First 3% [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, employer matching contribution percentage	100.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	3.00%
Contribution for the Next 2% [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, employer matching contribution percentage	50.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	2.00%

Defined Contribution Plan - Schedule of Employer Matching Contribution Expense Related to 401(k) Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Defined Contribution Pension And Other Postretirement Plans Disclosure [Abstract]
Matching contribution expense	$ 2,491	$ 2,836	$ 2,643

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities - Additional Information (Details)	12 Months Ended
	Jun. 28, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 24, 2018 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assets and liabilities amount transfers into or out of the levels	$ 0	$ 0	$ 0
Non-financial assets or liabilities of fair value recurring or non-recurring basis	$ 0
LIBOR [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative, average fixed interest rate	1.90%
Swaps A, B and C [Member] \| Designated Hedges [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative notional amount	$ 75,000,000
Increase (decrease) in interest expense	$ 270,000	$ (320,000)	$ 319,000
Swaps A, B and C [Member] \| Designated Hedges [Member] \| LIBOR [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative, average fixed interest rate	1.90%
Foreign Exchange Forward [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Number of foreign currency derivatives held	0	0

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities - Schedule of Financial Assets and Liabilities of Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair Value	$ 2,551	$ 647
Interest Rate Swap A \| Other Longterm Liabilities [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount	20,000
Fair Value	690
Interest Rate Swap A \| Other Noncurrent Assets [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount		20,000
Fair Value		186
Interest Rate Swap B \| Other Longterm Liabilities [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount	30,000
Fair Value	1,034
Interest Rate Swap B \| Other Noncurrent Assets [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount		30,000
Fair Value		279
Interest Rate Swap C \| Other Longterm Liabilities [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount	25,000
Fair Value	$ 827
Interest Rate Swap C \| Other Noncurrent Assets [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Notional Amount		25,000
Fair Value		$ 182

Accumulated Other Comprehensive Loss - Schedule of Changes in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	$ (43,229)		$ (40,533)	$ (32,880)
Other comprehensive (loss) income, net of tax	(20,577)	$ (20,577)	(2,696)	(7,653)
Ending balance	(63,806)	(63,806)	(43,229)	(40,533)
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(42,729)		(42,268)	(32,372)
Other comprehensive (loss) income, net of tax		(19,119)	(461)	(9,896)
Ending balance	(61,848)	(61,848)	(42,729)	(42,268)
Changes in Interest Rate Swaps [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(500)		1,735	(508)
Other comprehensive (loss) income, net of tax		(1,458)	(2,235)	2,243
Ending balance	$ (1,958)	$ (1,958)	$ (500)	$ 1,735

Accumulated Other Comprehensive Loss - Summary of Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Other comprehensive loss:
Foreign currency translation adjustments, Pre-tax	$ (21,027)		$ (681)	$ (9,250)
Changes in interest rate swaps, net of reclassification adjustments, Pre-tax	(1,904)		(2,906)	3,067
Other comprehensive loss, net, Pre-tax	(21,023)		(3,367)	(6,829)
Changes in interest rate swaps, net of reclassification adjustments, Tax	446		671	(824)
Other comprehensive loss, net, Tax	446		671	(824)
Foreign currency translation adjustments	(21,027)		(681)	(9,250)
Changes in interest rate swaps, net of reclassification adjustments, After-tax	(1,458)		(2,235)	2,243
Other comprehensive loss, net	(20,577)	$ (20,577)	(2,696)	(7,653)
Unconsolidated Affiliates [Member]
Other comprehensive loss:
Foreign currency translation adjustments, Pre-tax	1,908		220	(646)
Foreign currency translation adjustments	$ 1,908		$ 220	$ (646)

Computation of Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Jun. 28, 2020

Mar. 29, 2020

Dec. 29, 2019

Sep. 29, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 30, 2018

Sep. 30, 2018

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

Earnings Per Share [Abstract]

Net (loss) income

$ (20,247)

^[1]

$ (41,111)

^[1]

$ 409

^[1]

$ 3,712

^[1]

$ 1,002

^[2]

$ (1,529)

^[2]

$ 1,171

^[2]

$ 1,812

^[2]

$ (57,237)

$ 2,456

$ 31,702

Weighted average common shares outstanding (in shares)

18,475,000

18,395,000

18,294,000

Basic

$ (1.10)

^[3]

$ (2.23)

^[3]

$ 0.02

^[3]

$ 0.20

^[3]

$ 0.05

^[3]

$ (0.08)

^[3]

$ 0.06

^[3]

$ 0.10

^[3]

$ (3.10)

$ 0.13

$ 1.73

Net potential common share equivalents

300,000

343,000

Adjusted weighted average common shares outstanding (in shares)

18,475,000

18,695,000

18,637,000

Diluted

$ (1.10)

^[3]

$ (2.23)

^[3]

$ 0.02

^[3]

$ 0.20

^[3]

$ 0.05

^[3]

$ (0.08)

^[3]

$ 0.06

^[3]

$ 0.10

^[3]

$ (3.10)

$ 0.13

$ 1.70

Excluded from the calculation of common share equivalents:

Anti-dilutive common share equivalents (in shares)

401,000

314,000

118,000

Unvested stock options that vest upon achievement of certain market conditions (in shares)

333

[1]	Net loss for the fiscal quarter March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.
[2]	Net income for the fiscal quarter ended June 30, 2019 includes severance charges for involuntary terminations.
[3]	(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.

Investments in Unconsolidated Affiliates and Variable Interest Entities - Additional Information (Details) $ in Thousands		9 Months Ended	12 Months Ended
	Apr. 29, 2020 USD ($)	Mar. 29, 2020 USD ($)	Jun. 28, 2020 USD ($)	Jun. 30, 2019 USD ($)	Oct. 31, 2009	Sep. 30, 2000
Schedule Of Equity Method Investments [Line Items]
Equity method investments			$ 2,171	$ 114,320
Parkdale America LLC [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investment, ownership percentage			34.00%
Equity method investment, other than temporary impairment		$ 45,194	$ 45,194
Proceeds from sale of equity method investments	$ 60,000
Number of manufacturing facilities				11
Parkdale America LLC [Member] \| Sales Revenue, Goods, Net [Member] \| Customer Concentration Risk [Member]
Schedule Of Equity Method Investments [Line Items]
Number of major customers				5
Parkdale America LLC [Member] \| Sales Revenue, Goods, Net [Member] \| Customer Concentration Risk [Member] \| Five Largest Customers [Member]
Schedule Of Equity Method Investments [Line Items]
Concentration risk, percentage				75.00%
Parkdale America LLC [Member] \| Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Five Largest Customers [Member]
Schedule Of Equity Method Investments [Line Items]
Concentration risk, percentage				79.00%
UNF [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investment, ownership percentage						50.00%
UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investment, ownership percentage					50.00%
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Purchase commitment, remaining minimum amount committed			2,259
Accounts payable, related parties			$ 1,166	$ 1,728
Percentage of current and total assets and total liabilities ccounted for by equity method investments			3.00%
Equity method investments			$ 2,171

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Raw Material Purchases under Supply Agreement (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
UNF [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement	$ 1,450	$ 1,735	$ 1,800
UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement	14,583	23,089	21,731
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement	$ 16,033	$ 24,824	$ 23,531

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Unaudited, Condensed Balance Sheet Information for Unconsolidated Affiliates (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019
Schedule Of Equity Method Investments [Line Items]
Current assets	$ 5,190	$ 306,828
Non-current assets	561	159,000
Current liabilities	1,415	74,944
Non-current liabilities		3,252
Shareholders’ equity and capital accounts	4,336	387,632
UNIFI’s portion of undistributed earnings	1,424
Parkdale America LLC [Member]
Schedule Of Equity Method Investments [Line Items]
Current assets		299,610
Non-current assets		158,304
Current liabilities		70,875
Non-current liabilities		3,252
Shareholders’ equity and capital accounts		383,787
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Current assets	5,190	7,218
Non-current assets	561	696
Current liabilities	1,415	4,069
Shareholders’ equity and capital accounts	4,336	$ 3,845
UNIFI’s portion of undistributed earnings	$ 1,424

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Schedule Of Equity Method Investments [Line Items]
Net sales	$ 561,074	$ 862,296	$ 820,107
Gross profit	9,648	29,168	35,758
(Loss) income from operations	(7,074)	9,563	14,949
Net (loss) income	(2,326)	10,627	15,951
Depreciation and amortization	33,590	40,869	39,594
Cash received by PAL under cotton rebate program	11,186	13,367	13,797
Earnings recognized by PAL for cotton rebate program	9,697	12,896	13,334
Distributions received	10,437	2,647	12,236
Parkdale America LLC [Member]
Schedule Of Equity Method Investments [Line Items]
Net sales	544,006	836,675	796,010
Gross profit	7,592	24,455	31,112
(Loss) income from operations	(7,484)	6,575	12,032
Net (loss) income	(2,823)	7,534	12,990
Depreciation and amortization	33,455	40,679	39,404
Cash received by PAL under cotton rebate program	11,186	13,367	13,797
Earnings recognized by PAL for cotton rebate program	9,697	12,896	13,334
Distributions received	10,437	647	9,236
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Net sales	17,068	25,621	24,097
Gross profit	2,056	4,713	4,646
(Loss) income from operations	410	2,988	2,917
Net (loss) income	497	3,093	2,961
Depreciation and amortization	$ 135	190	190
Distributions received		$ 2,000	$ 3,000

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	Apr. 10, 2019	Sep. 30, 2004
Commitments And Contingencies Disclosure [Abstract]
The term of a former ground lease		99 years
Net monitoring and reporting costs received	$ 180

Commitments and Contingencies - Schedule of Unconditional Purchase Obligations (Details) $ in Thousands	Jun. 28, 2020 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Fiscal 2021	$ 10,978
Fiscal 2022	7,969
Fiscal 2023	5,679
Fiscal 2024	3,608
Fiscal 2025	1,938
Thereafter	384
Purchase Obligations [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
Fiscal 2021	6,621
Fiscal 2022	5,130
Fiscal 2023	5,109
Fiscal 2024	3,350
Fiscal 2025	1,680
Thereafter	7
Service Obligations [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
Fiscal 2021	4,357
Fiscal 2022	2,839
Fiscal 2023	570
Fiscal 2024	258
Fiscal 2025	258
Thereafter	$ 377

Commitments and Contingencies - Schedule of Costs Incurred Under Purchases and Services Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Commitments And Contingencies Disclosure [Abstract]
Costs for unconditional purchase obligations	$ 21,483	$ 23,542	$ 24,777
Costs for unconditional service obligations	2,082	5,169	2,454
Total	$ 23,565	$ 28,711	$ 27,231

Related Party Transactions - Additional Information (Details) - USD ($)	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Related Party Transaction [Line Items]
Related party receivables	$ 0	$ 0
Director [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Threshold for Individual Disclosure	$ 120,000	$ 120,000	$ 120,000

Related Party Transactions - Related Party Receivables and Payables (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jul. 01, 2019	Jun. 30, 2019
Related Party Transaction [Line Items]
Operating Lease Liabilities	$ 9,034	$ 10,105
Finance lease obligations	11,381		$ 11,118
Salem Leasing Corporation [Member]
Related Party Transaction [Line Items]
Accounts payable, related parties	616		634
Operating Lease Liabilities	1,481
Finance lease obligations	6,509		806
Total related party payables	$ 8,606		$ 1,440

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Salem Leasing Corporation
Related Party Transaction [Line Items]
Expenses with related party	$ 3,798	$ 4,102	$ 3,979
Salem Global Logistics Inc [Member]
Related Party Transaction [Line Items]
Revenues from related parties			$ 147

Business Segment Information - Additional Information (Details)	12 Months Ended
	Jun. 28, 2020 Segment
Segment Reporting [Abstract]
Number of Reportable Segments	4

Business Segment Information - Selected Financial Information for Polyester, Nylon, Brazil, Asia and Other Segments (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 28, 2020

Mar. 29, 2020

Dec. 29, 2019

Sep. 29, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 30, 2018

Sep. 30, 2018

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

$ 86,055

^[1]

$ 170,994

^[1]

$ 169,511

^[1]

$ 179,949

^[1]

$ 179,493

^[2]

$ 179,989

^[2]

$ 167,711

^[2]

$ 181,611

^[2]

$ 606,509

$ 708,804

$ 678,912

567,469

642,496

592,484

$ (9,451)

^[3]

$ 15,383

^[3]

$ 15,665

^[3]

$ 17,443

^[3]

$ 18,342

^[4]

$ 13,791

^[4]

$ 14,156

^[4]

$ 20,019

^[4]

39,040

66,308

86,428

20,659

19,917

19,994

59,699

86,225

106,422

Polyester [Member]

309,184

370,770

364,169

297,096

346,951

330,975

12,088

23,819

33,194

16,904

16,068

15,893

28,992

39,887

49,087

Asia [Member]

153,032

132,866

$ 97,297

136,349

117,166

80,677

16,683

15,700

16,620

16,683

15,700

$ 16,620

Brazil [Member]

73,339

102,877

110,587

62,144

84,298

84,726

11,195

18,579

25,861

1,385

1,537

1,648

12,580

20,116

27,509

Nylon [Member]

67,381

98,127

102,639

68,359

90,231

92,155

(978)

7,896

10,484

1,917

2,083

2,197

939

9,979

12,681

Other Segments [Member]

3,573

4,164

4,220

3,521

3,850

3,951

$ 52

314

269

453

229

256

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

$ 505

$ 543

$ 525

[1]	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic
[2]	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.
[3]	Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.
[4]	Gross profit for the fiscal quarter ended December 30, 2018 includes the adverse impact of a raw material cost spike that could not be effectively offset with timely corresponding selling price increases. Gross profit for the fiscal quarters ended December 30, 2018 and March 31, 2019 includes the adverse impact of significant competitive pressure caused by elevated levels of polyester textured yarn imports.

Business Segment Information - Reconciliations of Segment Gross Profit (Loss) to Consolidated Income Before Income Taxes (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 28, 2020

^[1]

Mar. 29, 2020

^[1]

Dec. 29, 2019

^[1]

Sep. 29, 2019

^[1]

Jun. 30, 2019

^[2]

Mar. 31, 2019

^[2]

Dec. 30, 2018

^[2]

Sep. 30, 2018

^[2]

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

Selling, general and administrative expenses

$ (9,451)

$ 15,383

$ 15,665

$ 17,443

$ 18,342

$ 13,791

$ 14,156

$ 20,019

$ 39,040

$ 66,308

$ 86,428

43,814

52,690

56,077

Provision (benefit) for bad debts

1,739

308

(38)

Other operating expense, net

2,308

2,350

1,590

Operating (loss) income

(8,821)

10,960

28,799

Interest income

(722)

(628)

(560)

Interest expense

4,779

5,414

4,935

Equity in loss (earnings) of unconsolidated affiliates

477

(3,968)

(5,787)

Gain on sale of investment in unconsolidated affiliate

(2,284)

Impairment of investment in unconsolidated affiliate

45,194

Loss on extinguishment of debt

131

(Loss) income before income taxes

(56,265)

10,011

30,211

Polyester [Member]

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

12,088

23,819

33,194

Nylon [Member]

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

(978)

7,896

10,484

Brazil [Member]

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

11,195

18,579

25,861

Asia [Member]

Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]

16,683

15,700

$ 16,620

16,620

Other Segments [Member]

$ 52

$ 314

$ 269

[1]

Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.

[2]

Business Segment Information - Reconciliation of Segment Depreciation and Amortization Expense to Consolidated Depreciation and Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	$ 23,653	$ 23,653	$ 23,003	$ 22,585
Operating Segments [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	20,659		19,917	19,994
Operating Segments [Member] \| Polyester [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	16,904		16,068	15,893
Operating Segments [Member] \| Nylon [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	1,917		2,083	2,197
Operating Segments [Member] \| Brazil [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	1,385		1,537	1,648
Operating Segments [Member] \| Other Segments [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	453		229	256
Other Depreciation and Amortization Expense [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Depreciation and amortization expense	$ 2,994		$ 3,086	$ 2,591

Business Segment Information - Reconciliation of Segment Capital Expenditures to Consolidated Capital Expenditures (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 18,509	$ 24,871	$ 25,029
Operating Segments [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	16,355	20,521	21,070
Operating Segments [Member] \| Polyester [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	13,714	17,291	16,605
Operating Segments [Member] \| Nylon [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	249	624	1,366
Operating Segments [Member] \| Brazil [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	2,332	2,574	3,063
Operating Segments [Member] \| Asia [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	60	32	36
Corporate, Non-Segment [Member]
Segment Reporting Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 2,154	$ 4,350	$ 3,959

Business Segment Information - Reconciliation of Segment Total Assets to Consolidated Total Assets (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 474,162	$ 592,151	$ 601,807
Other current assets	11,763	16,356
Property, plant and equipment, net	204,246	206,787
Other operating lease assets	1,503
Other non-current assets	548	671
Investments in unconsolidated affiliates	2,171	114,320
Operating Segments [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	396,935	447,372
Operating Segments [Member] \| Polyester [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	263,496	287,608
Operating Segments [Member] \| Nylon [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	42,020	57,055
Operating Segments [Member] \| Brazil [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	49,967	67,490
Operating Segments [Member] \| Asia [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	41,452	35,219
Corporate, Non-Segment [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Other current assets	48,600	10,327
Property, plant and equipment, net	23,676	18,664
Other non-current assets	1,277	1,468
Investments in unconsolidated affiliates	$ 2,171	$ 114,320

Business Segment Information - Product Sales Excluding All Other Category (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Segment Reporting Information [Line Items]
Total product sales	$ 606,509	$ 708,804	$ 678,912
REPREVE Fiber [Member]
Segment Reporting Information [Line Items]
Total product sales	186,141	180,254	160,366
Non-REPREVE Fiber [Member]
Segment Reporting Information [Line Items]
Total product sales	416,795	524,386	514,326
Product sales (excluding the All Other category) [Member]
Segment Reporting Information [Line Items]
Total product sales	$ 602,936	$ 704,640	$ 674,692

Business Segment Information - Geographic Information for Net Sales (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	$ 606,509	$ 708,804	$ 678,912
U.S. [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	342,350	426,725	420,920
BRAZIL [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	73,339	102,877	110,587
CHINA
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	148,923	125,667	90,998
All Other Foreign Countries [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	41,897	53,535	56,407
Export Sales from US Operations [Member] \| U.S. [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Geographic net sales	$ 64,305	$ 84,707	$ 94,205

Business Segment Information - Geographic Information for Long-lived Assets (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Revenues From External Customers And Long Lived Assets [Line Items]
Long-lived assets	$ 217,317	$ 323,948	$ 324,225
U.S. [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Long-lived assets	195,874	305,483	305,229
BRAZIL [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Long-lived assets	10,805	13,218	12,679
CHINA
Revenues From External Customers And Long Lived Assets [Line Items]
Long-lived assets	779	78	92
All Other Foreign Countries [Member]
Revenues From External Customers And Long Lived Assets [Line Items]
Long-lived assets	$ 9,859	$ 5,169	$ 6,225

Business Segment Information - Geographic Information for Total Assets (Details) - USD ($) $ in Thousands	Jun. 28, 2020	Jun. 30, 2019	Jun. 24, 2018
Segment Reporting Information [Line Items]
Total assets	$ 474,162	$ 592,151	$ 601,807
U.S. [Member]
Segment Reporting Information [Line Items]
Total assets	352,869	457,571	455,963
BRAZIL [Member]
Segment Reporting Information [Line Items]
Total assets	49,967	67,490	59,657
CHINA
Segment Reporting Information [Line Items]
Total assets	39,238	30,982	32,703
All Other Foreign Countries [Member]
Segment Reporting Information [Line Items]
Total assets	$ 32,088	$ 36,108	$ 53,484

Quarterly Results (Unaudited) - Schedule of Quarterly Financial Data (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Jun. 28, 2020

Mar. 29, 2020

Dec. 29, 2019

Sep. 29, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 30, 2018

Sep. 30, 2018

Jun. 28, 2020

Jun. 30, 2019

Jun. 24, 2018

Quarterly Financial Data [Abstract]

$ 86,055

^[1]

$ 170,994

^[1]

$ 169,511

^[1]

$ 179,949

^[1]

$ 179,493

^[2]

$ 179,989

^[2]

$ 167,711

^[2]

$ 181,611

^[2]

$ 606,509

$ 708,804

$ 678,912

(9,451)

^[3]

15,383

^[3]

15,665

^[3]

17,443

^[3]

18,342

^[4]

13,791

^[4]

14,156

^[4]

20,019

^[4]

$ 39,040

39,040

66,308

86,428

Net income (loss)

$ (20,247)

^[5]

$ (41,111)

^[5]

$ 409

^[5]

$ 3,712

^[5]

$ 1,002

^[6]

$ (1,529)

^[6]

$ 1,171

^[6]

$ 1,812

^[6]

$ (57,237)

$ 2,456

$ 31,702

Basic

$ (1.10)

^[7]

$ (2.23)

^[7]

$ 0.02

^[7]

$ 0.20

^[7]

$ 0.05

^[7]

$ (0.08)

^[7]

$ 0.06

^[7]

$ 0.10

^[7]

$ (3.10)

$ 0.13

$ 1.73

Diluted

$ (1.10)

^[7]

$ (2.23)

^[7]

$ 0.02

^[7]

$ 0.20

^[7]

$ 0.05

^[7]

$ (0.08)

^[7]

$ 0.06

^[7]

$ 0.10

^[7]

$ (3.10)

$ 0.13

$ 1.70

Net (loss) income

$ (20,247)

^[5]

$ (41,111)

^[5]

$ 409

^[5]

$ 3,712

^[5]

$ 1,002

^[6]

$ (1,529)

^[6]

$ 1,171

^[6]

$ 1,812

^[6]

$ (57,237)

$ 2,456

$ 31,702

[1]	Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic
[2]	The fiscal quarter ended September 30, 2018 was comprised of fourteen weeks.
[3]	Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.
[4]	Gross profit for the fiscal quarter ended December 30, 2018 includes the adverse impact of a raw material cost spike that could not be effectively offset with timely corresponding selling price increases. Gross profit for the fiscal quarters ended December 30, 2018 and March 31, 2019 includes the adverse impact of significant competitive pressure caused by elevated levels of polyester textured yarn imports.
[5]	Net loss for the fiscal quarter March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.
[6]	Net income for the fiscal quarter ended June 30, 2019 includes severance charges for involuntary terminations.
[7]	(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

+ Details

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

+ Details