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Investments in Unconsolidated Affiliates and Variable Interest Entities (Tables)
9 Months Ended
Mar. 28, 2021
Schedule Of Equity Method Investments [Line Items]  
Schedule of Raw Material Purchases under Supply Agreement

UNIFI’s raw material purchases under this supply agreement consisted of the following:

 

 

 

For the Nine Months Ended

 

 

 

March 28, 2021

 

 

March 29, 2020

 

UNFA

 

$

13,677

 

 

$

13,219

 

UNF

 

 

548

 

 

 

1,343

 

Total

 

$

14,225

 

 

$

14,562

 

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) are presented in the tables below.

 

 

 

As of March 28, 2021

 

 

As of June 28, 2020

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Current assets

 

$

 

 

$

8,473

 

 

$

8,473

 

 

$

 

 

$

5,190

 

 

$

5,190

 

Non-current assets

 

 

 

 

 

693

 

 

 

693

 

 

 

 

 

 

561

 

 

 

561

 

Current liabilities

 

 

 

 

 

3,472

 

 

 

3,472

 

 

 

 

 

 

1,415

 

 

 

1,415

 

Non-current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shareholders’ equity and capital

   accounts

 

 

 

 

 

5,694

 

 

 

5,694

 

 

 

 

 

 

4,336

 

 

 

4,336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UNIFI’s portion of undistributed

   earnings

 

 

 

 

 

2,486

 

 

 

2,486

 

 

 

 

 

 

1,424

 

 

 

1,424

 

 

Income Statement Information [Member]  
Schedule Of Equity Method Investments [Line Items]  
Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates

 

 

For the Three Months Ended March 28, 2021

 

 

For the Three Months Ended March 29, 2020

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Net sales

 

$

 

 

$

5,983

 

 

$

5,983

 

 

$

170,854

 

 

$

4,076

 

 

$

174,930

 

Gross profit

 

 

 

 

 

1,047

 

 

 

1,047

 

 

 

12,182

 

 

 

392

 

 

 

12,574

 

Income from operations

 

 

 

 

 

629

 

 

 

629

 

 

 

7,747

 

 

 

8

 

 

 

7,755

 

Net income

 

 

 

 

 

630

 

 

 

630

 

 

 

9,811

 

 

 

74

 

 

 

9,885

 

Depreciation and amortization

 

 

 

 

 

38

 

 

 

38

 

 

 

8,647

 

 

 

23

 

 

 

8,670

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received by PAL under

   cotton rebate program

 

 

 

 

 

 

 

 

 

 

 

3,210

 

 

 

 

 

 

3,210

 

Earnings recognized by PAL for

   cotton rebate program

 

 

 

 

 

 

 

 

 

 

 

3,215

 

 

 

 

 

 

3,215

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions received

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Nine Months Ended March 28, 2021

 

 

For the Nine Months Ended March 29, 2020

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Net sales

 

$

 

 

$

13,847

 

 

$

13,847

 

 

$

531,669

 

 

$

14,212

 

 

$

545,881

 

Gross profit

 

 

 

 

 

2,580

 

 

 

2,580

 

 

 

13,067

 

 

 

1,745

 

 

 

14,812

 

Income (loss) from operations

 

 

 

 

 

1,348

 

 

 

1,348

 

 

 

(554

)

 

 

497

 

 

 

(57

)

Net income

 

 

 

 

 

1,353

 

 

 

1,353

 

 

 

3,893

 

 

 

581

 

 

 

4,474

 

Depreciation and amortization

 

 

 

 

 

116

 

 

 

116

 

 

 

30,671

 

 

 

113

 

 

 

30,784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received by PAL under

   cotton rebate program

 

 

 

 

 

 

 

 

 

 

 

10,366

 

 

 

 

 

 

10,366

 

Earnings recognized by PAL for

   cotton rebate program

 

 

 

 

 

 

 

 

 

 

 

9,569

 

 

 

 

 

 

9,569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions received

 

 

 

 

 

 

 

 

 

 

 

10,437

 

 

 

 

 

 

10,437