Long-Term Debt (Tables)

9 Months Ended

Mar. 28, 2021

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	March 28, 2021				March 28, 2021			June 28, 2020
ABL Revolver	December 2023		0.0	%		$	—		$	—
ABL Term Loan	December 2023		3.3	%	(1)		80,000			87,500
Finance lease obligations	(2)		3.6	%			9,394			11,381
Total debt							89,394			98,881
Current ABL Term Loan							(10,000	)		(10,000	)
Current portion of finance lease obligations							(3,726	)		(3,563	)
Unamortized debt issuance costs							(534	)		(711	)
Total long-term debt						$	75,134		$	84,607

(1)	Includes the effects of interest rate swaps.

(2)	Scheduled maturity dates for finance lease obligations range from May 2022 to November 2027.

Scheduled Maturities of Outstanding Debt Obligations

The following table presents the scheduled maturities of UNIFI’s outstanding debt obligations for the remainder of fiscal 2021, the following four fiscal years and thereafter:

	Fiscal 2021		Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Thereafter
ABL Revolver	$	—	$	—	$	—	$	—	$	—	$	—
ABL Term Loan		2,500		10,000		10,000		57,500		—		—
Finance lease obligations		919		3,545		1,257		1,301		1,195		1,177
Total	$	3,419	$	13,545	$	11,257	$	58,801	$	1,195	$	1,177

- Definition

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

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+ Details