XML 57 R40.htm IDEA: XBRL DOCUMENT v3.19.2
Revenue Recognition (Tables)
12 Months Ended
Jun. 30, 2019
Revenue From Contract With Customer [Abstract]  
Disaggregated Revenues for UNIFI

The following table presents disaggregated revenues for UNIFI:

 

 

 

For the Fiscal Year Ended

 

 

 

June 30, 2019

 

 

June 24, 2018

 

 

June 25, 2017

 

Third-party textile manufacturer

 

$

700,077

 

 

$

670,239

 

 

$

639,685

 

Service

 

 

8,727

 

 

 

8,673

 

 

 

7,585

 

Net sales

 

$

708,804

 

 

$

678,912

 

 

$

647,270

 

Summary of Impact of Adoption of New Revenue Recognition Guidance

The following table summarizes the impact of the adoption of the new revenue recognition guidance on UNIFI's applicable financial statement line items for fiscal 2019. Any impact to other financial statement line items is insignificant and excluded from the below.

Financial Statement Line Item

 

Treatment under

previous Revenue

Recognition Guidance

 

 

Adjustments

in connection

with New Revenue

Recognition Guidance

 

 

As reported under

New Revenue

Recognition Guidance

 

Revenue

 

$

709,538

 

 

$

(734

)

 

$

708,804

 

Cost of sales

 

$

643,212

 

 

$

(716

)

 

$

642,496

 

Gross profit (loss)

 

$

66,326

 

 

$

(18

)

 

$

66,308

 

Inventory

 

$

141,012

 

 

$

(7,231

)

 

$

133,781

 

Contract assets

 

$

 

 

$

7,794

 

 

$

7,794