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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 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.

 

 

 

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