	June 27, 2021		June 28, 2020
Recovery of non-income taxes	$	8,063	$	—
Intangible assets, net		3,978		1,412
Investments in unconsolidated affiliates		2,159		2,171
Vendor deposits and other		425		548
Total other non-current assets	$	14,625	$	4,131

As previously described in Note 8, “Other Current Assets,” UNIFI recorded a recovery of non-income taxes and reflected current and non-current assets accordingly.

	June 27, 2021			June 28, 2020
Customer lists	$	5,220		$	1,615
Non-compete agreement		1,875			1,875
Trademarks		411			455
Total intangible assets, gross		7,506			3,945

Accumulated amortization – customer lists		(2,049	)		(1,493	)
Accumulated amortization – non-compete agreement		(1,188	)		(813	)
Accumulated amortization – trademarks		(291	)		(227	)
Total accumulated amortization		(3,528	)		(2,533	)
Total intangible assets, net	$	3,978		$	1,412

The customer list and non-compete agreement established prior to fiscal 2021 are immaterial. In fiscal 2021, UNIFI purchased certain air-jet texturing assets from a competitor that are included in the Polyester Segment. The customer list is being amortized over a 10-year estimated useful life based on the expected economic benefit. Also in fiscal 2021, UNIFI purchased certain assets from a competitor that are included in the Nylon Segment. A customer list was acquired and is being amortized over a three-year estimated useful life based on the expected economic benefit.

UNIFI capitalizes costs incurred to register trademarks primarily for REPREVE^® in various countries. UNIFI has determined that these trademarks have varying useful lives of up to three years and are being amortized using the straight-line method.

	For the Fiscal Year Ended
	June 27, 2021		June 28, 2020		June 30, 2019
Customer lists	$	556	$	326	$	639
Non-compete agreement		375		375		379
Trademarks		147		154		94
Total amortization expense	$	1,078	$	855	$	1,112

The following table presents the expected intangible asset amortization for the next five fiscal years:

		Fiscal 2022				Fiscal 2023				Fiscal 2024				Fiscal 2025				Thereafter
Expected amortization		$	1,477			$	1,292			$	528			$	108			$	573

In September 2000, UNIFI and Nilit Ltd. (“Nilit”) formed a 50/50 joint venture, U.N.F. Industries Ltd. (“UNF”), for the purpose of operating nylon extrusion assets to manufacture nylon POY. Raw material and production services for UNF are provided by Nilit under separate supply and services agreements. UNF’s fiscal year end is December 31 and it is a registered Israeli private company located in Migdal Ha-Emek, Israel.

In October 2009, UNIFI and Nilit America Inc. (“Nilit America”) formed a 50/50 joint venture, UNF America LLC (“UNFA”), for the purpose of operating a nylon extrusion facility which manufactures nylon POY. Raw material and production services for UNFA are provided by Nilit America under separate supply and services agreements. UNFA’s fiscal year end is December 31 and it is a limited liability company treated as a partnership for income tax reporting purposes located in Ridgeway, Virginia.

In conjunction with the formation of UNFA, UNIFI entered into a supply agreement with UNF and UNFA whereby UNIFI agreed to purchase all of its first quality nylon POY requirements for texturing (subject to certain exceptions) from either UNF or UNFA. The agreement has no stated minimum purchase quantities, and pricing is negotiated every six months based on market rates. As of June 27, 2021, UNIFI’s open purchase orders related to this agreement were $1,741.

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

	For the Fiscal Year Ended
	June 27, 2021		June 28, 2020		June 30, 2019
UNFA	$	18,932	$	14,583	$	23,089
UNF		548		1,450		1,735
Total	$	19,480	$	16,033	$	24,824

As of June 27, 2021 and June 28, 2020, UNIFI had combined accounts payable due to UNF and UNFA of $2,955 and $1,166, respectively.

UNIFI has determined that UNF and UNFA are variable interest entities and has also determined that UNIFI is the primary beneficiary of these entities, based on the terms of the supply agreement. As a result, these entities should be consolidated with UNIFI’s financial results. As (i) UNIFI purchases substantially all of the output from the two entities, (ii) the two entities’ balance sheets constitute 3% or less of UNIFI’s current assets, total assets and total liabilities, and (iii) such balances are not expected to comprise a larger portion in the future, UNIFI has not included the accounts of UNF and UNFA in its consolidated financial statements. As of June 27 2021, UNIFI’s combined investments in UNF and UNFA were $2,159. The financial results of UNF and UNFA are included in UNIFI’s consolidated financial statements with a one-month lag, using the equity method of accounting and with intercompany profits eliminated in accordance with UNIFI’s accounting policy. Other than the supply agreement discussed above, UNIFI does not provide any other commitments or guarantees related to either UNF or UNFA.

In June 1997, UNIFI and Parkdale Mills, Inc. (“Mills”) entered into a Contribution Agreement that set forth the terms and conditions by which the two companies contributed all of the assets of their spun cotton yarn operations utilizing open-end and air-jet spinning technologies to create PAL, a producer of cotton and synthetic yarns for sale to the global textile industry and apparel market. In exchange for its contribution, UNIFI received a 34% equity ownership interest in the PAL Investment, accounted for using the equity method of accounting. Effective January 1, 2012, Mills’ interest in PAL was assigned to Parkdale.

During March 2020, UNIFI commenced negotiations to sell the PAL Investment to Parkdale. Such negotiations indicated that the fair value of the PAL Investment was less than UNIFI’s carrying value, and UNIFI no longer intended to hold the PAL Investment to allow recovery of the carrying value. UNIFI recorded an other-than-temporary impairment of $45,194 to adjust the PAL Investment to fair value. In April 2020, UNIFI and Parkdale finalized negotiations to sell UNIFI’s PAL Investment to Parkdale for $60,000. The transaction closed on April 29, 2020, and UNIFI received $60,000 in cash.

During UNIFI’s period of ownership, PAL was a limited liability company treated as a partnership for income tax reporting purposes. Per PAL’s fiscal 2020 unaudited financial statements, PAL had 10 manufacturing facilities located primarily in the southeast region of the U.S. and in Mexico, and PAL’s five largest customers accounted for approximately 69% of total revenues and 68% of total gross accounts receivable outstanding.

The U.S. federal government maintains a program providing economic adjustment assistance to domestic users of upland cotton (the “cotton rebate program”). The cotton rebate program offers a subsidy for cotton consumed in domestic production, and the subsidy is paid the month after the eligible cotton is consumed. To be completely earned, the subsidy must be used within 18 months after the marketing year in which it is earned to purchase qualifying capital expenditures in the U.S. for production of goods from upland cotton. The marketing year is from August 1 to July 31. The program provides a subsidy of up to three cents per pound. In December 2018, the U.S. federal government extended the program at the same rate through July 31, 2021, and for subsequent years, subject to funding available through annual appropriations. PAL recognizes its share of income for the cotton subsidy when the cotton has been consumed and the qualifying assets have been acquired, with an appropriate allocation methodology considering the dual criteria of the subsidy.

PAL has been subject to price risk related to anticipated fixed-price yarn sales. To protect the gross margin of these sales, PAL may have entered into cotton futures to manage changes in raw material prices in order to protect the gross margin of fixed-priced yarn sales. The derivative instruments used were listed and traded on an exchange and were thus valued using quoted prices classified within Level 1 of the fair value hierarchy.

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. PAL has not met the criteria for segment reporting. Below, (i) no PAL Investment amounts are reported for June 27, 2021 and June 28, 2020 due to the associated divestiture on April 29, 2020, and (ii) fiscal 2020 PAL Investment income statement activity is reported for the ten months of fiscal 2020 ownership ending April 29, 2020.

	As of June 27, 2021
	PAL		Other		Total
Current assets	$	—	$	7,931	$	7,931
Non-current assets		—		659		659
Current liabilities		—		3,967		3,967
Non-current liabilities		—		—		—
Shareholders’ equity and capital accounts		—		4,623		4,623

UNIFI’s portion of undistributed earnings		—		2,100		2,100

	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

	For the Fiscal Year Ended June 27, 2021
	PAL		Other		Total
Net sales	$	—	$	19,649	$	19,649
Gross profit		—		3,423		3,423
Income from operations		—		1,777		1,777
Net income		—		1,782		1,782
Depreciation and amortization		—		151		151

Distributions received		—		750		750

	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