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Shareholders' Equity (Tables)
12 Months Ended
Jun. 25, 2017
Stockholders Equity Note [Abstract]  
Repurchases and Retirements of Common Stock

On January 22, 2013, UNIFI announced a stock repurchase program to acquire up to $50,000 of UNIFI’s common stock. UNIFI completed its repurchase of shares under this program in March 2014. On April 23, 2014, UNIFI announced that its Board of Directors (the “Board”) authorized a new stock repurchase program to acquire up to an additional $50,000 of UNIFI’s common stock with no expiration. Purchases under the program may be completed in accordance with Securities and Exchange Commission regulations at prevailing market prices, through open market purchases or privately negotiated transactions, at such times and prices and in such manner as determined by management, subject to market conditions, applicable legal requirements, contractual obligations and other factors. Repurchases, if any, are expected to be financed through cash generated from operations and borrowings, and are subject to applicable limitations and restrictions as set forth in the credit agreement governing UNIFI’s debt obligations. 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 stock repurchase programs 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 2013

 

 

1,068

 

 

$

18.08

 

 

 

 

 

Fiscal 2014

 

 

1,524

 

 

$

23.96

 

 

 

 

 

Fiscal 2015

 

 

349

 

 

$

29.72

 

 

 

 

 

Fiscal 2016

 

 

206

 

 

$

30.13

 

 

 

 

 

Fiscal 2017

 

 

 

 

 

 

 

 

 

 

Total

 

 

3,147

 

 

$

23.01

 

 

$

27,603