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Other Operating Expense (Income), Net
 12 Months Ended
Jul. 02, 2023
Other Income and Expenses [Abstract]  
Other Operating Expense (Income), Net

21. Other Operating Expense (Income), Net

Other operating expense (income), net primarily consists of the following:

 

 

Fiscal 2023

 

 

Fiscal 2022

 

 

Fiscal 2021

 

Impairment for asset abandonment (1)

 

$

8,247

 

 

$

—

 

 

$

—

 

Contract modification costs (2)

 

 

623

 

 

 

—

 

 

 

—

 

Net loss on sale or disposal of assets

 

 

278

 

 

 

48

 

 

 

2,809

 

Foreign currency transaction (gains) losses

 

 

(1,104

)

 

 

(468

)

 

 

526

 

Other, net

 

 

(188

)

 

 

262

 

 

 

1,530

 

Other operating expense (income), net

 

$

7,856

 

 

$

(158

)

 

$

4,865

 

 

(1)
In fiscal 2023, UNIFI abandoned certain specialized machinery in the Americas and recorded an impairment charge.
(2)
In fiscal 2023, UNIFI amended certain existing contracts related to future purchases of texturing machinery by delaying the scheduled receipt and installation of such equipment for approximately 18 months. UNIFI paid the associated vendor $623 to establish the 18-month delay.