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UFI UNIFI

Document And Entity Information

Document And Entity Information - shares9 Months Ended
Mar. 28, 2021Apr. 30, 2021
Cover [Abstract]
Entity Registrant NameUNIFI, INC.
Entity Central Index Key0000100726
Entity File Number1-10542
Entity Tax Identification Number11-2165495
Trading SymbolUFI
Entity Incorporation, State or Country CodeNY
Current Fiscal Year End Date--06-28
Entity Filer CategoryAccelerated Filer
Entity Common Stock, Shares Outstanding (in shares)18,490,338
Document Type10-Q
Document Period End DateMar. 28,
2021
Document Fiscal Year Focus2021
Document Fiscal Period FocusQ3
Amendment Flagfalse
Entity Current Reporting StatusYes
Entity Interactive Data CurrentYes
Entity Small Businessfalse
Entity Emerging Growth Companyfalse
Entity Shell Companyfalse
Title of 12(b) SecurityCommon Stock, par value $0.10 per share
Security Exchange NameNYSE
Entity Address, Address Line One7201 West Friendly Avenue
Entity Address, City or TownGreensboro
Entity Address, State or ProvinceNC
Entity Address, Postal Zip Code27410
City Area Code336
Local Phone Number294-4410
Document Quarterly Reporttrue
Document Transition Reportfalse

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
ASSETS
Cash and cash equivalents $ 75,598 $ 75,267
Receivables, net96,988 53,726
Inventories122,004 109,704
Income taxes receivable9,594 4,033
Other current assets8,475 11,763
Total current assets312,659 254,493
Property, plant and equipment, net196,762 204,246
Operating lease assets9,009 8,940
Deferred income taxes2,344 2,352
Other non-current assets7,598 4,131
Total assets528,372 474,162
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable47,645 25,610
Accrued expenses27,145 13,689
Income taxes payable10,245 349
Current operating lease liabilities1,849 1,783
Current portion of long-term debt13,726 13,563
Total current liabilities100,610 54,994
Long-term debt75,134 84,607
Non-current operating lease liabilities7,264 7,251
Other long-term liabilities8,811 8,606
Deferred income taxes956 2,549
Total liabilities192,775 158,007
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,490,338 and 18,446,436 shares issued and outstanding as of March 28, 2021 and June 28, 2020, respectively)1,849 1,845
Capital in excess of par value64,686 62,392
Retained earnings331,378 315,724
Accumulated other comprehensive loss(62,316)(63,806)
Total shareholders’ equity335,597 316,155
Total liabilities and shareholders’ equity $ 528,372 $ 474,162

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / sharesMar. 28, 2021Jun. 28, 2020
Statement Of Financial Position [Abstract]
Common stock, par value (in dollars per share) $ 0.10 $ 0.10
Common stock, shares authorized (in shares)500,000,000 500,000,000
Common stock, shares issued (in shares)18,490,338 18,446,436
Common stock, shares outstanding (in shares)18,490,338 18,446,436

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Income Statement [Abstract]
Net sales $ 178,866 $ 170,994 $ 483,147 $ 520,454
Cost of sales153,271 155,611 417,057 471,963
Gross profit25,595 15,383 66,090 48,491
Selling, general and administrative expenses14,581 11,720 38,570 35,208
(Benefit) provision for bad debts(184)580 (1,330)331
Other operating expense (income), net2,582 (62)4,236 900
Operating income8,616 3,145 24,614 12,052
Interest income(159)(173)(471)(595)
Interest expense885 1,231 2,589 3,589
Equity in earnings of unconsolidated affiliates(528)(3,526)(751)(1,904)
Impairment of investment in unconsolidated affiliate45,194 45,194
Income (loss) before income taxes8,418 (39,581)23,247 (34,232)
Provision for income taxes3,660 1,530 7,593 2,758
Net income (loss) $ 4,758 $ (41,111) $ 15,654 $ (36,990)
Net income (loss) per common share:
Basic $ 0.26 $ (2.23) $ 0.85 $ (2)
Diluted $ 0.25 $ (2.23) $ 0.83 $ (2)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss) $ 4,758 $ (41,111) $ 15,654 $ (36,990)
Other comprehensive (loss) income:
Foreign currency translation adjustments(4,996)(17,270)734 (20,350)
Changes in interest rate swaps, net of tax of $77, $434, $233 and $434, respectively247 (1,449)756 (1,488)
Other comprehensive (loss) income, net(4,749)(18,719)1,490 (21,838)
Comprehensive income (loss) $ 9 $ (59,830) $ 17,144 $ (58,828)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Statement Of Income And Comprehensive Income [Abstract]
Changes in interest rate swaps, tax $ 77 $ 434 $ 233 $ 434

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in ThousandsTotalCommon Stock [Member]Capital in Excess of Par Value [Member]Retained Earnings [Member]Accumulated Other Comprehensive Loss [Member]
Balance at Jun. 30, 2019 $ 392,845 $ 1,846 $ 59,560 $ 374,668 $ (43,229)
Balance (in shares) at Jun. 30, 201918,462,000
Options exercised29 $ 1 28
Options exercised (in shares)10,000
Conversion of restricted stock units $ 8 (8)
Conversion of restricted stock units (in shares)76,000
Stock-based compensation2,299 $ 1 2,298
Stock-based compensation (in shares)4,000
Common stock repurchased and retired underpublicly announced program(1,994) $ (8)(279)(1,707)
Common stock repurchased and retired under publicly announced program (in shares)(84,000)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions(522) $ (3)(519)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)(22,000)
Other comprehensive income (loss), net of tax(21,838)(21,838)
Net income (loss)(36,990)(36,990)
Balance at Mar. 29, 2020333,829 $ 1,845 61,080 335,971 (65,067)
Balance (in shares) at Mar. 29, 202018,446,000
Balance at Dec. 29, 2019395,479 $ 1,851 61,187 378,789 (46,348)
Balance (in shares) at Dec. 29, 201918,505,000
Conversion of restricted stock units $ 4 (4)
Conversion of restricted stock units (in shares)42,000
Stock-based compensation596 596
Common stock repurchased and retired underpublicly announced program(1,994) $ (8)(279)(1,707)
Common stock repurchased and retired under publicly announced program (in shares)(84,000)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions(422) $ (2)(420)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)(17,000)
Other comprehensive income (loss), net of tax(18,719)(18,719)
Net income (loss)(41,111)(41,111)
Balance at Mar. 29, 2020333,829 $ 1,845 61,080 335,971 (65,067)
Balance (in shares) at Mar. 29, 202018,446,000
Balance at Jun. 28, 2020 $ 316,155 $ 1,845 62,392 315,724 (63,806)
Balance (in shares) at Jun. 28, 202018,446,436 18,446,000
Options exercised (in shares)1,000
Conversion of restricted stock units $ 4 (4)
Conversion of restricted stock units (in shares)45,000
Stock-based compensation $ 2,410 $ 1 2,409
Stock-based compensation (in shares)4,000
Common stock repurchased and retired under publicly announced program (in shares)(84)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions $ (112) $ (1)(111)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)(6,000)
Other comprehensive income (loss), net of tax1,490 1,490
Net income (loss)15,654 15,654
Balance at Mar. 28, 2021 $ 335,597 $ 1,849 64,686 331,378 (62,316)
Balance (in shares) at Mar. 28, 202118,490,338 18,490,000
Balance at Dec. 27, 2020 $ 334,873 $ 1,848 63,972 326,620 (57,567)
Balance (in shares) at Dec. 27, 202018,481,000
Conversion of restricted stock units (in shares)7,000
Stock-based compensation762 $ 1 761
Stock-based compensation (in shares)4,000
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions(47)(47)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (in shares)(2,000)
Other comprehensive income (loss), net of tax(4,749)(4,749)
Net income (loss)4,758 4,758
Balance at Mar. 28, 2021 $ 335,597 $ 1,849 $ 64,686 $ 331,378 $ (62,316)
Balance (in shares) at Mar. 28, 202118,490,338 18,490,000

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands9 Months Ended
Mar. 28, 2021Mar. 29, 2020
Statement Of Cash Flows [Abstract]
Cash and cash equivalents at beginning of period $ 75,267 $ 22,228
Operating activities:
Net income (loss)15,654 (36,990)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of unconsolidated affiliates(751)(1,904)
Distributions received from unconsolidated affiliate10,437
Depreciation and amortization expense19,007 17,685
Impairment of investment in unconsolidated affiliate45,194
Non-cash compensation expense2,656 2,510
Deferred income taxes(1,826)(10,029)
Loss on disposal of assets2,773 172
Other, net(356)(343)
Changes in assets and liabilities:
Receivables, net(43,034)(2,295)
Inventories(11,825)2,126
Other current assets3,482 (3,020)
Income taxes4,277 8,849
Accounts payable and accrued expenses33,033 (488)
Other, net2,620 201
Net cash provided by operating activities25,710 32,105
Investing activities:
Capital expenditures(12,071)(14,971)
Purchases of intangible assets(3,605)
Other, net153 35
Net cash used by investing activities(15,523)(14,936)
Financing activities:
Proceeds from ABL Revolver79,000
Payments on ABL Revolver(67,500)
Payments on ABL Term Loan(7,500)(7,500)
Payments on finance lease obligations(2,727)(4,606)
Common stock repurchased and retired under publicly announced program(1,994)
Other, net(111)(492)
Net cash used by financing activities(10,338)(3,092)
Effect of exchange rate changes on cash and cash equivalents482 (2,912)
Net increase in cash and cash equivalents331 11,165
Cash and cash equivalents at end of period $ 75,598 $ 33,393

Background

Background9 Months Ended
Mar. 28, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Background1. Background Unifi, Inc., a New York corporation formed in 1969 (together with its subsidiaries, “UNIFI,” the “Company,” “we,” “us” or “our”), is a multinational company that manufactures and sells innovative recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers (UNIFI’s direct customers) that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets (UNIFI’s indirect customers). We refer to these indirect customers as “brand partners.” Polyester products include partially oriented yarn (“POY”), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. Nylon products include virgin or recycled textured, solution dyed and spandex covered yarns. Recycled solutions, made from both pre-consumer and post-consumer waste, include plastic bottle flake (“Flake”) made from polyester, and polymer beads (“Chip”) and staple fiber made from polyester or nylon. UNIFI maintains one of the textile industry’s most comprehensive product offerings that includes a range of specialized, value-added and commodity solutions, with principal geographic markets in the Americas, Asia and Europe. UNIFI has direct manufacturing operations in four countries and participates in joint ventures with operations in Israel and the United States (“U.S.”).

Basis of Presentation; Condense

Basis of Presentation; Condensed Notes9 Months Ended
Mar. 28, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation; Condensed Notes2. Basis of Presentation; Condensed Notes The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with generally accepted accounting principles in the U.S. (“GAAP”) for interim financial information. As contemplated by the instructions of the SEC to Form 10-Q, the following notes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to UNIFI’s year-end audited consolidated financial statements and related notes thereto contained in its Annual Report on Form 10-K for the fiscal year ended June 28, 2020 (the “2020 Form 10-K”). The financial information included in this report has been prepared by UNIFI, without audit. In the opinion of management, all adjustments, which consist of normal, recurring adjustments, considered necessary for a fair statement of the results for interim periods have been included. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The preparation of financial statements in conformity with GAAP requires management to make use of estimates and assumptions that affect the amounts reported and certain financial statement disclosures. Actual results may vary from these estimates. All amounts, except per share amounts, are presented in thousands (000s), except as otherwise noted. The fiscal quarter for each of Unifi, Inc., its primary domestic operating subsidiaries and its subsidiary in El Salvador ended on March 28, 2021. Unifi, Inc.’s remaining material operating subsidiaries’ fiscal quarter ended on March 31, 2021. There were no significant transactions or events that occurred between Unifi, Inc.’s fiscal quarter end and such wholly owned subsidiaries’ subsequent fiscal quarter end. The three-month periods ended March 28, 2021 and March 29, 2020 both consisted of 13 weeks. The nine-month periods ended March 28, 2021 and March 29, 2020 both consisted of 39 weeks.

Recent Accounting Pronouncement

Recent Accounting Pronouncements9 Months Ended
Mar. 28, 2021
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Pronouncements3. Recent Accounting Pronouncements Recently Adopted In June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses Based on UNIFI’s review of ASUs issued since the filing of the 2020 Form 10-K, there have been no other newly issued or newly applicable accounting pronouncements that have had, or are expected to have, a material impact on UNIFI’s consolidated financial statements.

Revenue Recognition

Revenue Recognition9 Months Ended
Mar. 28, 2021
Revenue From Contract With Customer [Abstract]
Revenue Recognition4. Revenue Recognition The following tables present net sales grouped by (i) classification of sales type and (ii) REPREVE ®
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Third-party manufacturer
$
176,100
$
169,033
$
475,087
$
514,590
Service
2,766
1,961
8,060
5,864
Net sales
$
178,866
$
170,994
$
483,147
$
520,454
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
REPREVE ®
$
59,171
$
49,091
$
169,689
$
162,469
All other products and services
119,695
121,903
313,458
357,985
Net sales
$
178,866
$
170,994
$
483,147
$
520,454
Third-Party Manufacturer Third-party manufacturer revenue is primarily generated through sales to direct customers. Such sales represent satisfaction of UNIFI’s performance obligations required by the associated revenue contracts. Each of UNIFI’s reportable segments derives revenue from sales to third-party manufacturers. Service Revenue Service revenue is primarily generated, as services are rendered, through fulfillment of toll manufacturing of textile products or transportation services governed by written agreements. Such toll manufacturing and transportation services represent satisfaction of UNIFI’s performance obligations required by the associated revenue contracts. The Polyester Segment derives service revenue for toll manufacturing and the All Other category derives service revenue for transportation services. REPREVE ® REPREVE ® Variable Consideration Volume-based incentives Volume-based incentives involve rebates or refunds of cash that are redeemable if the customer satisfies certain order volume thresholds during a defined time period. Under these incentive programs, UNIFI estimates the anticipated rebate to be paid and allocates a portion of the estimated cost of the rebate to each underlying sales transaction with the customer. Product claims UNIFI generally offers customers claims support or remuneration for defective products. UNIFI estimates the amount of its product sales that may be claimed as defective by its customers and records this estimate as a reduction of revenue in the period the related product revenue is recognized. For all variable consideration, where appropriate, UNIFI estimates the amount using the expected value method, which takes into consideration historical experience, current contractual requirements, specific known market events and forecasted customer buying and payment patterns. Overall, these reserves reflect UNIFI’s best estimates of the amount of consideration to which the customer is entitled based on the terms of the contracts. For fiscal 2021, 2020 and 2019, variable consideration has been immaterial to UNIFI’s financial statements.

Receivables, Net

Receivables, Net9 Months Ended
Mar. 28, 2021
Receivables [Abstract]
Receivables, Net5. Receivables, Net Receivables, net consists of the following:
March 28, 2021
June 28, 2020
Customer receivables
$
83,436
$
53,307
Allowance for uncollectible accounts
(2,433
)
(3,796
)
Reserves for quality claims
(708
)
(928
)
Net customer receivables
80,295
48,583
Other receivables
16,693
5,143
Total receivables, net
$
96,988
$
53,726
Other receivables includes $14,043 of banker’s acceptance notes (“BANs”) as of March 28, 2021 in connection with the settlement of certain customer receivables generated from trade activity in the Asia Segment. The BANs are redeemable upon maturity from the drawing financial institutions, or earlier at a discount. BANs of $1,596 previously reflected in customer receivables as of June 28, 2020 have been reclassified to other receivables to conform to the current presentation.

Inventories

Inventories9 Months Ended
Mar. 28, 2021
Inventory Disclosure [Abstract]
Inventories6. Inventories Inventories consists of the following:
March 28, 2021
June 28, 2020
Raw materials
$
44,392
$
42,758
Supplies
9,677
9,294
Work in process
7,875
6,267
Finished goods
62,690
55,609
Gross inventories
124,634
113,928
Net realizable value adjustment
(2,630
)
(4,224
)
Total inventories
$
122,004
$
109,704

Other Current Assets

Other Current Assets9 Months Ended
Mar. 28, 2021
Other Assets Current [Abstract]
Other Current Assets7. Other Current Assets Other current assets consists of the following:
March 28, 2021
June 28, 2020
Vendor deposits
$
3,326
$
2,349
Value-added taxes receivable
2,132
2,604
Contract assets
277
4,953
Prepaid expenses and other
2,740
1,857
Total other current assets
$
8,475
$
11,763

Property, Plant and Equipment,

Property, Plant and Equipment, Net9 Months Ended
Mar. 28, 2021
Property Plant And Equipment [Abstract]
Property, Plant and Equipment, Net8. Property, Plant and Equipment, Net Property, plant and equipment (“PP&E”), net consists of the following:
March 28, 2021
June 28, 2020
Land
$
3,146
$
3,154
Land improvements
16,371
16,344
Buildings and improvements
158,571
158,025
Assets under finance leases
22,000
29,857
Machinery and equipment
605,668
602,867
Computers, software and office equipment
23,250
22,677
Transportation equipment
10,403
7,806
Construction in progress
11,399
7,582
Gross PP&E
850,808
848,312
Less: accumulated depreciation
(648,584
)
(636,221
)
Less: accumulated amortization – finance leases
(5,462
)
(7,845
)
Total PP&E, net
$
196,762
$
204,246

Accrued Expenses

Accrued Expenses9 Months Ended
Mar. 28, 2021
Payables And Accruals [Abstract]
Accrued Expenses9. Accrued Expenses Accrued expenses consists of the following:
March 28, 2021
June 28, 2020
Incentive compensation
$
11,557
$
777
Payroll and fringe benefits
7,247
7,259
Deferred revenue
2,976
1,279
Supplemental post-employment plan
1,085
5
Severance
446
1,083
Other
3,834
3,286
Total accrued expenses
$
27,145
$
13,689

Long-Term Debt

Long-Term Debt9 Months Ended
Mar. 28, 2021
Debt Disclosure [Abstract]
Long-Term Debt10. Long-Term Debt Debt Obligations 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. On December 18, 2018, Unifi, Inc. and certain of its subsidiaries entered into a Third Amendment to Amended and Restated Credit Agreement and Second Amendment to Amended and Restated Guaranty and Security Agreement (the “2018 Amendment”). The 2018 Amendment amended the Amended and Restated Credit Agreement, dated as of March 26, 2015, by and among Unifi, Inc. and a syndicate of lenders, as previously amended (together with all previous and subsequent amendments, the “Credit Agreement”). The Credit Agreement provides for a $200,000 senior secured credit facility (the “ABL Facility”), including a $100,000 revolving credit facility (the “ABL Revolver”) and a term loan that can be reset up to a maximum amount of $100,000, once per fiscal year, if certain conditions are met (the “ABL Term Loan”). The ABL Facility has a maturity date of December 18, 2023. ABL Facility borrowings bear interest at LIBOR plus an applicable margin of 1.25% to 1.75%, or the Base Rate (as defined in the Credit Agreement) plus an applicable margin of 0.25% to 0.75%, with interest currently being paid on a monthly basis. As of March 28, 2021 and June 28, 2020, ABL Facility borrowings carried interest at LIBOR plus 1.50%. UNIFI currently maintains three interest rate swaps that fix LIBOR at approximately 1.9% on $75,000 of variable-rate debt. Such swaps are scheduled to terminate in May 2022. Scheduled Debt Maturities 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

Other Long-Term Liabilities

Other Long-Term Liabilities9 Months Ended
Mar. 28, 2021
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities11. Other Long-Term Liabilities Other long-term liabilities consists of the following:
March 28, 2021
June 28, 2020
Uncertain tax positions
$
2,906
$
1,112
Supplemental post-employment plan
2,014
3,019
Interest rate swaps
1,562
2,551
Other
2,329
1,924
Total other long-term liabilities
$
8,811
$
8,606

Income Taxes

Income Taxes9 Months Ended
Mar. 28, 2021
Income Tax Disclosure [Abstract]
Income Taxes12. Income Taxes The provision for income taxes and effective tax rate were as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Provision for income taxes
$
3,660
$
1,530
$
7,593
$
2,758
Effective tax rate
43.5
%
(3.9
)%
32.7
%
(8.1
)% U.S. Tax Law Change On July 20, 2020, the U.S. Treasury issued and enacted final regulations related to global intangible low-tax income (“GILTI”) that allow certain U.S. taxpayers to elect to exclude foreign income that is subject to a high effective tax rate from their GILTI inclusions. The GILTI high-tax exclusion is an annual election and is retroactively available for tax years beginning after December 31, 2017. The three-month and nine-month periods ended March 28, 2021 include discrete tax expense (benefit) of $273 and $(4,874), respectively, related to the retroactive election. Valuation Allowance UNIFI regularly assesses whether it is more-likely-than-not that some portion or all of its deferred tax assets will not be realized. UNIFI considers the scheduled reversal of taxable temporary differences, taxable income in carryback years, projected future taxable income and tax planning strategies in making this assessment. Since UNIFI operates in multiple jurisdictions, the assessment is made on a jurisdiction-by-jurisdiction basis, taking into account the effects of local tax law. As a result of the newly enacted GILTI regulations, and their impact on prior tax periods, UNIFI does not expect to realize the full benefit of its U.S. federal net operating loss and research credit carryforwards. The three-month and nine-month periods ended March 28, 2021 include tax (benefit) expense of $(133) and $1,508, respectively, related to the change in valuation allowance on these deferred tax assets. Income Tax Expense UNIFI’s provision for income taxes for the nine months ended March 28, 2021 and March 29, 2020 was calculated by applying an estimate of the annual effective tax rate for the full fiscal year to year-to-date income from ordinary activity. Tax effects of significant and unusual, or infrequently occurring, items are excluded from the estimated annual effective tax rate calculation and recognized discretely in the interim period in which they occur. The effective tax rate for the three months ended March 28, 2021 was higher than the U.S. federal statutory rate primarily due to current U.S. tax on GILTI, and earnings taxed at higher rates in foreign jurisdictions. These rate impacts were partially offset by additional research credits claimed during the period. The effective tax rate for the nine months ended March 28, 2021 was higher than the U.S. federal statutory rate primarily due to current U.S. tax on GILTI, the change in valuation allowance for deferred tax assets, and earnings taxed at higher rates in foreign jurisdictions. These rate impacts were partially offset by the retroactive GILTI high-tax exclusion for prior periods, and additional R&D credits claimed during the current period. The effective tax rate for the three months and nine months ended March 29, 2020 was lower than the U.S. federal statutory rate primarily due to an increase in the valuation allowance for UNIFI’s investment in PAL as a result of the impairment charge, for which UNIFI does not expect to realize a future tax benefit. Unrecognized Tax Benefits The amount of unrecognized tax benefits for uncertain tax positions as of March 28, 2021 and June 28, 2020 was $2,899 and $1,218, respectively. Unrecognized benefits would generate a favorable impact of $2,063 on UNIFI’s effective tax rate when recognized. UNIFI does not expect material changes in unrecognized tax benefits within the next 12 months. UNIFI regularly assesses the outcomes of both completed and ongoing examinations to ensure that its provision for income taxes is sufficient. Certain returns that remain open to examination have utilized carryforward tax attributes generated in prior tax years, including net operating losses, which could potentially be revised upon examination.

Shareholders' Equity

Shareholders' Equity9 Months Ended
Mar. 28, 2021
Stockholders Equity Note [Abstract]
Shareholders' Equity13. Shareholders’ Equity On October 31, 2018, UNIFI announced that its Board of Directors (the “Board”) approved a new share repurchase program (the “2018 SRP”) under which UNIFI is authorized to acquire up to $50,000 of its common stock. Under the 2018 SRP, purchases may be made from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The share repurchase authorization is discretionary and has no expiration date. Repurchases, if any, are expected to be financed through cash generated from operations and borrowings under the ABL Revolver, and are subject to applicable limitations and restrictions as set forth in the ABL Facility. UNIFI may discontinue repurchases at any time that management determines additional purchases are not beneficial or advisable. The following table summarizes UNIFI’s repurchases and retirements of its common stock under the 2018 SRP for the fiscal periods noted:
Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs
Average Price Paid per Share
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs
Fiscal 2019

$

Fiscal 2020
84
$
23.72
Fiscal 2021 (through March 28, 2021)

$

Total
84
$
23.72
$
48,008
Repurchased shares are retired and have the status of authorized and unissued shares. The cost of the repurchased shares is recorded as a reduction to common stock to the extent of the par value of the shares acquired and the remainder is allocated between capital in excess of par value and retained earnings, on a pro rata basis.

Stock-Based Compensation

Stock-Based Compensation9 Months Ended
Mar. 28, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation14. Stock-Based Compensation On October 24, 2018, the Unifi, Inc. Amended and Restated 2013 Incentive Compensation Plan (the “2018 Plan”) became effective, upon approval by shareholders at UNIFI’s annual meeting of shareholders held on October 31, 2018. The 2018 Plan set the number of shares available for future issuance pursuant to awards granted under the 2018 Plan to 1,250 and updated certain provisions for changes to Section 162(m) of the Internal Revenue Code of 1986, as amended. On October 29, 2020, UNIFI’s shareholders approved the Unifi, Inc. Second Amended and Restated 2013 Incentive Compensation Plan (the “2020 Plan”). The 2020 Plan set the number of shares available for future issuance pursuant to awards granted under the 2020 Plan to 850. No additional awards can be granted under the 2018 Plan or other prior plans; however, awards outstanding under a respective prior plan remain subject to that plan’s provisions. The following table provides information as of March 28, 2021 with respect to the number of securities remaining available for future issuance under the 2020 Plan:
Authorized under the 2020 Plan
850
Plus: Awards expired, forfeited or otherwise terminated unexercised

Less: Awards granted to employees
(75
)
Less: Awards granted to non-employee directors
(4
)
Available for issuance under the 2020 Plan
771
Stock-based compensation units granted or issued from the 2018 Plan and/or 2020 Plan were as follows:
For the Nine Months Ended
March 28, 2021
March 29, 2020
Stock options
155
83
Restricted stock units
110
77
Vested share units

24
Common stock
4
4

Fair Value of Financial Instrum

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities9 Months Ended
Mar. 28, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments and Non-Financial Assets and Liabilities15. Fair Value of Financial Instruments and Non-Financial Assets and Liabilities UNIFI uses derivative financial instruments such as foreign currency forward contracts or interest rate swaps to reduce its ongoing business exposures to fluctuations in foreign currency exchange rates or interest rates. UNIFI currently maintains three interest rate swaps that fix LIBOR at approximately 1.9% on $75,000 of variable-rate debt. UNIFI does not enter into derivative contracts for speculative purposes. The following table presents details regarding UNIFI’s hedging activities:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Interest expense
$
885
$
1,231
$
2,589
$
3,589
(Increase) decrease in fair value of interest rate swaps
(324
)
1,883
(989
)
1,922
Impact of interest rate swaps to increase (decrease) interest expense
339
41
1,003
(7
) For the nine months ended March 28, 2021 and March 29, 2020, there were no significant changes to UNIFI’s assets and liabilities measured at fair value, and there were no transfers into or out of the levels of the fair value hierarchy. UNIFI believes that there have been no significant changes to its credit risk profile or the interest rates available to UNIFI for debt issuances with similar terms and average maturities, and UNIFI estimates that the fair values of its debt obligations approximate the carrying amounts. Other financial instruments include cash and cash equivalents, receivables, accounts payable and accrued expenses. The financial statement carrying amounts of these items approximate the fair values due to their short-term nature.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss9 Months Ended
Mar. 28, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Loss16. Accumulated Other Comprehensive Loss The components of and the changes in accumulated other comprehensive loss, net of tax, as applicable, consist of the following:
Foreign Currency Translation Adjustments
Changes in Interest Rate Swaps
Accumulated Other Comprehensive Loss
Balance at June 28, 2020
$
(61,848
)
$
(1,958
)
$
(63,806
)
Other comprehensive income
734
756
1,490
Balance at March 28, 2021
$
(61,114
)
$
(1,202
)
$
(62,316
) A summary of the after-tax effects of the components of other comprehensive income (loss), net for the three-month and nine-month periods ended March 28, 2021 and March 29, 2020 is included in the accompanying condensed consolidated statements of comprehensive income (loss).

Earnings Per Share

Earnings Per Share9 Months Ended
Mar. 28, 2021
Earnings Per Share [Abstract]
Earnings Per Share17. Earnings Per Share The components of the calculation of earnings per share (“EPS”) are as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Net income (loss)
$
4,758
$
(41,111
)
$
15,654
$
(36,990
)
Basic weighted average shares
18,485
18,475
18,465
18,485
Net potential common share equivalents
482

331

Diluted weighted average shares
18,967
18,475
18,796
18,485
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents
287
403
557
371
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain market conditions
333

333

The calculation of EPS is based on the weighted average number of Unifi, Inc.’s common shares outstanding for the applicable period. The calculation of diluted EPS presents the effect of all potential dilutive common shares that were outstanding during the respective period, unless the effect of doing so is anti-dilutive.

Investments in Unconsolidated A

Investments in Unconsolidated Affiliates and Variable Interest Entities9 Months Ended
Mar. 28, 2021
Equity Method Investments And Joint Ventures [Abstract]
Investments in Unconsolidated Affiliates and Variable Interest Entities18. Investments in Unconsolidated Affiliates and Variable Interest Entities As of March 28, 2021, UNIFI maintained investments in two entities classified as unconsolidated affiliates: U.N.F. Industries, Ltd. (“UNF”); and UNF America LLC (“UNFA”) (collectively known as “UNFs”). UNIFI’s combined investment in UNFs was $2,847, reflected within other non-current assets in the accompanying condensed consolidated balance sheets. U.N.F. Industries, Ltd. Raw material and production services for UNF are provided by Nilit Ltd. 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. UNF America LLC Raw material and production services for UNFA are provided by Nilit America Inc. 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 supply agreement has no stated minimum purchase quantities and pricing is negotiated every six months, based on market rates. As of March 28, 2021, UNIFI’s open purchase orders related to this supply agreement were $10,111. 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
As of March 28, 2021 and June 28, 2020, UNIFI had combined accounts payable due to UNF and UNFA of $3,294 and $1,166, respectively. UNIFI has determined that UNF and UNFA are variable interest entities and that UNIFI is the primary beneficiary of these entities, based on the terms of the supply agreement discussed above. 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. 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. Parkdale America, LLC Parkdale America, LLC (“PAL”) is a limited liability company treated as a partnership for income tax reporting purposes and in which UNIFI held a 34% ownership interest (the “PAL Investment”) until UNIFI sold the investment on April 29, 2020. UNIFI accounted for the PAL Investment using the equity method of accounting and, because PAL was deemed a significant subsidiary in certain prior fiscal years, comparative prior year data is presented separately below. 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
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

Commitments and Contingencies

Commitments and Contingencies9 Months Ended
Mar. 28, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies19. Commitments and Contingencies Collective Bargaining Agreements While employees of UNIFI’s Brazilian operations are unionized, none of the labor force employed by UNIFI’s domestic or other foreign subsidiaries is currently covered by a collective bargaining agreement. Environmental On September 30, 2004, Unifi Kinston, LLC (“UK”), a subsidiary of Unifi, Inc., completed its acquisition of polyester filament manufacturing assets located in Kinston, North Carolina from Invista S.a.r.l. (“INVISTA”). The land for the Kinston site was leased pursuant to a 99-year ground lease (the “Ground Lease”) with E.I. DuPont de Nemours (“DuPont”). Since 1993, DuPont has been investigating and cleaning up the Kinston site under the supervision of the U.S. Environmental Protection Agency and the North Carolina Department of Environmental Quality (“DEQ”) pursuant to the Resource Conservation and Recovery Act Corrective Action program. The program requires DuPont to identify all potential areas of environmental concern (“AOCs”), assess the extent of containment at the identified AOCs and remediate the AOCs to comply with applicable regulatory standards. Effective March 20, 2008, UK entered into a lease termination agreement associated with conveyance of certain assets at the Kinston site to DuPont. This agreement terminated the Ground Lease and relieved UK of any future responsibility for environmental remediation, other than participation with DuPont, if so called upon, with regard to UK’s period of operation of the Kinston site, which was from 2004 to 2008. At this time, UNIFI has no basis to determine if or when it will have any responsibility or obligation with respect to the AOCs or the extent of any potential liability for the same. UK continues to own property (the “Kentec site”) acquired in the 2004 transaction with INVISTA that has contamination from DuPont’s prior operations and is monitored by DEQ. The Kentec site has been remediated by DuPont, and DuPont has received authority from DEQ to discontinue further remediation, other than natural attenuation. Prior to transfer of responsibility to UK, DuPont and UK had a duty to monitor and report the environmental status of the Kentec site to DEQ. Effective April 10, 2019, UK assumed sole remediator responsibility of the Kentec site pursuant to its contractual obligations with INVISTA and received $180 of net monitoring and reporting costs due from DuPont. In connection with monitoring, UK expects to sample and report to DEQ annually. At this time, UNIFI does not expect any active site remediation will be required but expects that any costs associated with active site remediation, if ever required, would likely be immaterial.

Related Party Transactions

Related Party Transactions9 Months Ended
Mar. 28, 2021
Related Party Transactions [Abstract]
Related Party Transactions20. Related Party Transactions There were no related party receivables as of March 28, 2021 or June 28, 2020. Related party payables for Salem Leasing Corporation consisted of the following:
March 28, 2021
June 28, 2020
Accounts payable
$
460
$
616
Operating lease obligations
1,221
1,481
Finance lease obligations
6,441
6,509
Total related party payables
$
8,122
$
8,606
The following are the Company’s significant r elated party transactions:
For the Three Months Ended
For the Nine Months Ended
Affiliated Entity
Transaction Type
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Salem Leasing Corporation
Payments for transportation equipment costs and finance lease debt service
$
1,236
$
985
$
3,099
$
3,101

Business Segment Information

Business Segment Information9 Months Ended
Mar. 28, 2021
Segment Reporting [Abstract]
Business Segment Information21. Business Segment Information UNIFI defines operating segments as components of the organization for which discrete financial information is available and operating results are evaluated on a regular basis by UNIFI’s principal executive officer, who is the chief operating decision maker (the “CODM”), in order to assess performance and allocate resources. Characteristics of UNIFI which were relied upon in making the determination of reportable segments include the nature of the products sold, the internal organizational structure, the trade policies in the geographic regions in which UNIFI operates and the information that is regularly reviewed by the CODM for the purpose of assessing performance and allocating resources. UNIFI ’s operating segments are aggregated into four reportable segments (the Polyester Segment, the Asia Segment, the Brazil Segment and the Nylon Segment) based on similarities between the operating segments’ economic characteristics, nature of products sold, type of customer, methods of distribution and regulatory environment.

The operations within the Polyester Segment exhibit similar long-term economic characteristics and primarily sell into an economic trading zone covered by the United States-Mexico-Canada Agreement (“USMCA”), North American Free Trade Agreement (“NAFTA”) and Dominican Republic—Central America Free Trade Agreement (“CAFTA-DR”) (collectively, the regions comprising these economic trading zones are referred to as “NACA”) to similar customers utilizing similar methods of distribution. These operations derive revenues primarily from manufacturing polyester-based products with sales primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, automotive, home furnishings, automotive, industrial and other end-use markets. The Polyester Segment consists of sales and manufacturing operations in the U.S. and El Salvador.

The operations within the Asia Segment exhibit similar long-term economic characteristics and sell to similar customers utilizing similar methods of distribution primarily in Asia and Europe, which are outside of the NACA region. The Asia Segment primarily sources polyester-based products from third-party suppliers and sells to knitters and weavers that produce fabric for the apparel, automotive, home furnishings, automotive, industrial and other end-use markets principally in Asia. The Asia Segment includes a sales office in China.

The Brazil Segment primarily manufactures and sells polyester-based products to knitters and weavers that produce fabric for the apparel, automotive, home furnishings, industrial and other end-use markets principally in South America. The Brazil Segment includes a manufacturing location and sales offices in Brazil.

The operations within the Nylon Segment exhibit similar long-term economic characteristics and primarily sell into the NACA region to similar customers utilizing similar methods of distribution. These operations derive revenues primarily from manufacturing nylon-based products with sales to knitters and weavers that produce fabric primarily for the apparel, hosiery and medical markets. The Nylon Segment includes an immaterial operating segment in Colombia that sells similar nylon-based textile products to similar customers in Colombia and
Mexico utilizing similar methods of distribution. The Nylon Segment consists of sales and manufacturing operations in the U.S. and Colombia. In addition to UNIFI’s reportable segments, an All Other category is included in the tables below. All Other consists primarily of for-hire transportation services. For-hire transportation services revenue is derived from performing common carrier services utilizing UNIFI’s fleet of transportation equipment. The operations within All Other (i) are not subject to review by the CODM at a level consistent with UNIFI’s other operations, (ii) are not regularly evaluated using the same metrics applied to UNIFI’s other operations and (iii) do not qualify for aggregation with an existing reportable segment. Therefore, such operations are excluded from reportable segments. UNIFI evaluates the operating performance of its segments based upon Segment Profit, which represents segment gross profit (loss) plus segment depreciation expense. This measurement of segment profit or loss best aligns segment reporting with the current assessments and evaluations performed by, and information provided to, the CODM. The accounting policies for the segments are consistent with UNIFI’s accounting policies. Intersegment sales are omitted from segment disclosures, as they are (i) insignificant to UNIFI’s segments and eliminated from consolidated reporting and (ii) excluded from segment evaluations performed by the CODM. Selected financial information is presented below:
For the Three Months Ended March 28, 2021
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
82,668
$
48,483
$
25,704
$
20,778
$
1,233
$
178,866
Cost of sales
75,446
41,330
15,106
20,341
1,048
153,271
Gross profit
7,222
7,153
10,598
437
185
25,595
Segment depreciation expense
5,036

299
441
161
5,937
Segment Profit
$
12,258
$
7,153
$
10,897
$
878
$
346
$
31,532
For the Three Months Ended March 29, 2020
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
89,767
$
38,621
$
21,060
$
20,567
$
979
$
170,994
Cost of sales
82,735
34,038
17,644
20,234
960
155,611
Gross profit
7,032
4,583
3,416
333
19
15,383
Segment depreciation expense
4,301

421
471
137
5,330
Segment Profit
$
11,333
$
4,583
$
3,837
$
804
$
156
$
20,713
For the Nine Months Ended March 28, 2021
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
228,440
$
130,898
$
72,563
$
47,815
$
3,431
$
483,147
Cost of sales
205,691
112,639
49,375
46,318
3,034
417,057
Gross profit
22,749
18,259
23,188
1,497
397
66,090
Segment depreciation expense
13,909

1,050
1,321
489
16,769
Segment Profit
$
36,658
$
18,259
$
24,238
$
2,818
$
886
$
82,859
For the Nine Months Ended March 29, 2020
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
261,212
$
132,496
$
66,094
$
57,853
$
2,799
$
520,454
Cost of sales
239,725
118,114
55,089
56,296
2,739
471,963
Gross profit
21,487
14,382
11,005
1,557
60
48,491
Segment depreciation expense
12,525

1,153
1,465
300
15,443
Segment Profit
$
34,012
$
14,382
$
12,158
$
3,022
$
360
$
63,934
The reconciliations of segment gross profit to consolidated income (loss) before income taxes are as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Polyester
$
7,222
$
7,032
$
22,749
$
21,487
Asia
7,153
4,583
18,259
14,382
Brazil
10,598
3,416
23,188
11,005
Nylon
437
333
1,497
1,557
All Other
185
19
397
60
Segment gross profit
25,595
15,383
66,090
48,491
Selling, general and administrative expenses
14,581
11,720
38,570
35,208
(Benefit) provision for bad debts
(184
)
580
(1,330
)
331
Other operating expense (income), net
2,582
(62
)
4,236
900
Operating income
8,616
3,145
24,614
12,052
Interest income
(159
)
(173
)
(471
)
(595
)
Interest expense
885
1,231
2,589
3,589
Equity in earnings of unconsolidated affiliates
(528
)
(3,526
)
(751
)
(1,904
)
Impairment of investment in unconsolidated affiliate

45,194

45,194
Income (loss) before income taxes
$
8,418
$
(39,581
)
$
23,247
$
(34,232
) The reconciliations of segment total assets to consolidated total assets are as follows:
March 28, 2021
June 28, 2020
Polyester
$
271,682
$
263,496
Asia
61,494
41,452
Brazil
62,898
49,967
Nylon
42,357
42,020
Segment total assets
438,431
396,935
Other current assets
62,460
48,600
Other PP&E
22,036
23,676
Other operating lease assets
1,210
1,503
Other non-current assets
4,235
3,448
Total assets
$
528,372
$
474,162

Supplemental Cash Flow Informat

Supplemental Cash Flow Information9 Months Ended
Mar. 28, 2021
Additional Cash Flow Elements And Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information22. Supplemental Cash Flow Information Cash payments for interest and taxes consist of the following:
For the Nine Months Ended
March 28, 2021
March 29, 2020
Interest, net of capitalized interest of $145 and $86, respectively
$
2,395
$
3,535
Income tax payments, net
4,039
4,833
Cash payments for taxes shown above consist primarily of income and withholding tax payments made by UNIFI in both U.S. and foreign jurisdictions, net of refunds. Non-Cash Investing and Financing Activities As of March 28, 2021 and June 28, 2020, $1,241 and $630, respectively, were included in accounts payable for unpaid capital expenditures. As of March 29, 2020 and June 30, 2019, $619 and $1,329, respectively, were included in accounts payable for unpaid capital expenditures. During the nine months ended March 28, 2021 and March 29, 2020, UNIFI recorded non-cash activity relating to finance leases of $740 and $6,301, respectively.

Basis of Presentation; Conden_2

Basis of Presentation; Condensed Notes (Policies)9 Months Ended
Mar. 28, 2021
Accounting Policies [Abstract]
Fiscal PeriodThe fiscal quarter for each of Unifi, Inc., its primary domestic operating subsidiaries and its subsidiary in El Salvador ended on March 28, 2021. Unifi, Inc.’s remaining material operating subsidiaries’ fiscal quarter ended on March 31, 2021. There were no significant transactions or events that occurred between Unifi, Inc.’s fiscal quarter end and such wholly owned subsidiaries’ subsequent fiscal quarter end. The three-month periods ended March 28, 2021 and March 29, 2020 both consisted of 13 weeks. The nine-month periods ended March 28, 2021 and March 29, 2020 both consisted of 39 weeks.

Revenue Recognition (Tables)

Revenue Recognition (Tables)9 Months Ended
Mar. 28, 2021
Revenue From Contract With Customer [Abstract]
Disaggregated Revenues and Product Sales for UNIFIThe following tables present net sales grouped by (i) classification of sales type and (ii) REPREVE ®
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Third-party manufacturer
$
176,100
$
169,033
$
475,087
$
514,590
Service
2,766
1,961
8,060
5,864
Net sales
$
178,866
$
170,994
$
483,147
$
520,454
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
REPREVE ®
$
59,171
$
49,091
$
169,689
$
162,469
All other products and services
119,695
121,903
313,458
357,985
Net sales
$
178,866
$
170,994
$
483,147
$
520,454

Receivables, Net (Tables)

Receivables, Net (Tables)9 Months Ended
Mar. 28, 2021
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing ReceivableReceivables, net consists of the following:
March 28, 2021
June 28, 2020
Customer receivables
$
83,436
$
53,307
Allowance for uncollectible accounts
(2,433
)
(3,796
)
Reserves for quality claims
(708
)
(928
)
Net customer receivables
80,295
48,583
Other receivables
16,693
5,143
Total receivables, net
$
96,988
$
53,726

Inventories (Tables)

Inventories (Tables)9 Months Ended
Mar. 28, 2021
Inventory Disclosure [Abstract]
Inventories ComponentsInventories consists of the following:
March 28, 2021
June 28, 2020
Raw materials
$
44,392
$
42,758
Supplies
9,677
9,294
Work in process
7,875
6,267
Finished goods
62,690
55,609
Gross inventories
124,634
113,928
Net realizable value adjustment
(2,630
)
(4,224
)
Total inventories
$
122,004
$
109,704

Other Current Assets (Tables)

Other Current Assets (Tables)9 Months Ended
Mar. 28, 2021
Other Assets Current [Abstract]
Schedule of Other Current AssetsOther current assets consists of the following:
March 28, 2021
June 28, 2020
Vendor deposits
$
3,326
$
2,349
Value-added taxes receivable
2,132
2,604
Contract assets
277
4,953
Prepaid expenses and other
2,740
1,857
Total other current assets
$
8,475
$
11,763

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)9 Months Ended
Mar. 28, 2021
Property Plant And Equipment [Abstract]
Property, Plant and Equipment ComponentsProperty, plant and equipment (“PP&E”), net consists of the following:
March 28, 2021
June 28, 2020
Land
$
3,146
$
3,154
Land improvements
16,371
16,344
Buildings and improvements
158,571
158,025
Assets under finance leases
22,000
29,857
Machinery and equipment
605,668
602,867
Computers, software and office equipment
23,250
22,677
Transportation equipment
10,403
7,806
Construction in progress
11,399
7,582
Gross PP&E
850,808
848,312
Less: accumulated depreciation
(648,584
)
(636,221
)
Less: accumulated amortization – finance leases
(5,462
)
(7,845
)
Total PP&E, net
$
196,762
$
204,246

Accrued Expenses (Tables)

Accrued Expenses (Tables)9 Months Ended
Mar. 28, 2021
Payables And Accruals [Abstract]
Schedule of Accrued LiabilitiesAccrued expenses consists of the following:
March 28, 2021
June 28, 2020
Incentive compensation
$
11,557
$
777
Payroll and fringe benefits
7,247
7,259
Deferred revenue
2,976
1,279
Supplemental post-employment plan
1,085
5
Severance
446
1,083
Other
3,834
3,286
Total accrued expenses
$
27,145
$
13,689

Long-Term Debt (Tables)

Long-Term Debt (Tables)9 Months Ended
Mar. 28, 2021
Debt Disclosure [Abstract]
Long-Term Debt ComponentsThe 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 ObligationsThe 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

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)9 Months Ended
Mar. 28, 2021
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities ComponentsOther long-term liabilities consists of the following:
March 28, 2021
June 28, 2020
Uncertain tax positions
$
2,906
$
1,112
Supplemental post-employment plan
2,014
3,019
Interest rate swaps
1,562
2,551
Other
2,329
1,924
Total other long-term liabilities
$
8,811
$
8,606

Income Taxes (Tables)

Income Taxes (Tables)9 Months Ended
Mar. 28, 2021
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes and Effective Tax RateThe provision for income taxes and effective tax rate were as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Provision for income taxes
$
3,660
$
1,530
$
7,593
$
2,758
Effective tax rate
43.5
%
(3.9
)%
32.7
%
(8.1
)%

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)9 Months Ended
Mar. 28, 2021
Stockholders Equity Note [Abstract]
Repurchases and Retirements of Common StockThe following table summarizes UNIFI’s repurchases and retirements of its common stock under the 2018 SRP for the fiscal periods noted:
Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs
Average Price Paid per Share
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs
Fiscal 2019

$

Fiscal 2020
84
$
23.72
Fiscal 2021 (through March 28, 2021)

$

Total
84
$
23.72
$
48,008

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)9 Months Ended
Mar. 28, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Number of Securities Remaining Available for Future IssuanceThe following table provides information as of March 28, 2021 with respect to the number of securities remaining available for future issuance under the 2020 Plan:
Authorized under the 2020 Plan
850
Plus: Awards expired, forfeited or otherwise terminated unexercised

Less: Awards granted to employees
(75
)
Less: Awards granted to non-employee directors
(4
)
Available for issuance under the 2020 Plan
771
Summary of Stock-based Compensation Granted or IssuedStock-based compensation units granted or issued from the 2018 Plan and/or 2020 Plan were as follows:
For the Nine Months Ended
March 28, 2021
March 29, 2020
Stock options
155
83
Restricted stock units
110
77
Vested share units

24
Common stock
4
4

Fair Value of Financial Instr_2

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities (Tables)9 Months Ended
Mar. 28, 2021
Fair Value Disclosures [Abstract]
Schedule of Hedging ActivitiesThe following table presents details regarding UNIFI’s hedging activities:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Interest expense
$
885
$
1,231
$
2,589
$
3,589
(Increase) decrease in fair value of interest rate swaps
(324
)
1,883
(989
)
1,922
Impact of interest rate swaps to increase (decrease) interest expense
339
41
1,003
(7
)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)9 Months Ended
Mar. 28, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss, Net of TaxThe components of and the changes in accumulated other comprehensive loss, net of tax, as applicable, consist of the following:
Foreign Currency Translation Adjustments
Changes in Interest Rate Swaps
Accumulated Other Comprehensive Loss
Balance at June 28, 2020
$
(61,848
)
$
(1,958
)
$
(63,806
)
Other comprehensive income
734
756
1,490
Balance at March 28, 2021
$
(61,114
)
$
(1,202
)
$
(62,316
)

Earnings Per Share (Tables)

Earnings Per Share (Tables)9 Months Ended
Mar. 28, 2021
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings (Loss) Per ShareThe components of the calculation of earnings per share (“EPS”) are as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Net income (loss)
$
4,758
$
(41,111
)
$
15,654
$
(36,990
)
Basic weighted average shares
18,485
18,475
18,465
18,485
Net potential common share equivalents
482

331

Diluted weighted average shares
18,967
18,475
18,796
18,485
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents
287
403
557
371
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain market conditions
333

333

Investments in Unconsolidated_2

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 AgreementUNIFI’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 AffiliatesCondensed 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 AffiliatesFor 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

Related Party Transactions (Tab

Related Party Transactions (Tables)9 Months Ended
Mar. 28, 2021
Related Party Transactions [Abstract]
Related Party PayablesRelated party payables for Salem Leasing Corporation consisted of the following:
March 28, 2021
June 28, 2020
Accounts payable
$
460
$
616
Operating lease obligations
1,221
1,481
Finance lease obligations
6,441
6,509
Total related party payables
$
8,122
$
8,606
Schedule of Related Party TransactionsThe following are the Company’s significant r elated party transactions:
For the Three Months Ended
For the Nine Months Ended
Affiliated Entity
Transaction Type
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Salem Leasing Corporation
Payments for transportation equipment costs and finance lease debt service
$
1,236
$
985
$
3,099
$
3,101

Business Segment Information (T

Business Segment Information (Tables)9 Months Ended
Mar. 28, 2021
Segment Reporting [Abstract]
Selected Financial Information for Polyester, Nylon, International and Other SegmentsSelected financial information is presented below:
For the Three Months Ended March 28, 2021
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
82,668
$
48,483
$
25,704
$
20,778
$
1,233
$
178,866
Cost of sales
75,446
41,330
15,106
20,341
1,048
153,271
Gross profit
7,222
7,153
10,598
437
185
25,595
Segment depreciation expense
5,036

299
441
161
5,937
Segment Profit
$
12,258
$
7,153
$
10,897
$
878
$
346
$
31,532
For the Three Months Ended March 29, 2020
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
89,767
$
38,621
$
21,060
$
20,567
$
979
$
170,994
Cost of sales
82,735
34,038
17,644
20,234
960
155,611
Gross profit
7,032
4,583
3,416
333
19
15,383
Segment depreciation expense
4,301

421
471
137
5,330
Segment Profit
$
11,333
$
4,583
$
3,837
$
804
$
156
$
20,713
For the Nine Months Ended March 28, 2021
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
228,440
$
130,898
$
72,563
$
47,815
$
3,431
$
483,147
Cost of sales
205,691
112,639
49,375
46,318
3,034
417,057
Gross profit
22,749
18,259
23,188
1,497
397
66,090
Segment depreciation expense
13,909

1,050
1,321
489
16,769
Segment Profit
$
36,658
$
18,259
$
24,238
$
2,818
$
886
$
82,859
For the Nine Months Ended March 29, 2020
Polyester
Asia
Brazil
Nylon
All Other
Total
Net sales
$
261,212
$
132,496
$
66,094
$
57,853
$
2,799
$
520,454
Cost of sales
239,725
118,114
55,089
56,296
2,739
471,963
Gross profit
21,487
14,382
11,005
1,557
60
48,491
Segment depreciation expense
12,525

1,153
1,465
300
15,443
Segment Profit
$
34,012
$
14,382
$
12,158
$
3,022
$
360
$
63,934
Reconciliations of Segment Gross Profit to Consolidated Income (loss) Before Income TaxesThe reconciliations of segment gross profit to consolidated income (loss) before income taxes are as follows:
For the Three Months Ended
For the Nine Months Ended
March 28, 2021
March 29, 2020
March 28, 2021
March 29, 2020
Polyester
$
7,222
$
7,032
$
22,749
$
21,487
Asia
7,153
4,583
18,259
14,382
Brazil
10,598
3,416
23,188
11,005
Nylon
437
333
1,497
1,557
All Other
185
19
397
60
Segment gross profit
25,595
15,383
66,090
48,491
Selling, general and administrative expenses
14,581
11,720
38,570
35,208
(Benefit) provision for bad debts
(184
)
580
(1,330
)
331
Other operating expense (income), net
2,582
(62
)
4,236
900
Operating income
8,616
3,145
24,614
12,052
Interest income
(159
)
(173
)
(471
)
(595
)
Interest expense
885
1,231
2,589
3,589
Equity in earnings of unconsolidated affiliates
(528
)
(3,526
)
(751
)
(1,904
)
Impairment of investment in unconsolidated affiliate

45,194

45,194
Income (loss) before income taxes
$
8,418
$
(39,581
)
$
23,247
$
(34,232
)
Reconciliation of Segment Total Assets to Consolidated Total AssetsThe reconciliations of segment total assets to consolidated total assets are as follows:
March 28, 2021
June 28, 2020
Polyester
$
271,682
$
263,496
Asia
61,494
41,452
Brazil
62,898
49,967
Nylon
42,357
42,020
Segment total assets
438,431
396,935
Other current assets
62,460
48,600
Other PP&E
22,036
23,676
Other operating lease assets
1,210
1,503
Other non-current assets
4,235
3,448
Total assets
$
528,372
$
474,162

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)9 Months Ended
Mar. 28, 2021
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Payments for Interest and TaxesCash payments for interest and taxes consist of the following:
For the Nine Months Ended
March 28, 2021
March 29, 2020
Interest, net of capitalized interest of $145 and $86, respectively
$
2,395
$
3,535
Income tax payments, net
4,039
4,833

Background - Additional Informa

Background - Additional Information (Details)Mar. 28, 2021Entity
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of countries in which entity operates4

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregated Revenues and Product Sales for UNIFI (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Disaggregation Of Revenue [Line Items]
Net sales $ 178,866 $ 170,994 $ 483,147 $ 520,454
Third-Party Manufacturer [Member]
Disaggregation Of Revenue [Line Items]
Net sales176,100 169,033 475,087 514,590
Service [Member]
Disaggregation Of Revenue [Line Items]
Net sales2,766 1,961 8,060 5,864
REPREVE Fiber [Member]
Disaggregation Of Revenue [Line Items]
Net sales59,171 49,091 169,689 162,469
All Other Products and Services [Member]
Disaggregation Of Revenue [Line Items]
Net sales $ 119,695 $ 121,903 $ 313,458 $ 357,985

Receivables, Net - Schedule of

Receivables, Net - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Receivables [Abstract]
Customer receivables $ 83,436 $ 53,307
Allowance for uncollectible accounts(2,433)(3,796)
Reserves for quality claims(708)(928)
Net customer receivables80,295 48,583
Other receivables16,693 5,143
Total receivables, net $ 96,988 $ 53,726

Receivables, Net - Additional I

Receivables, Net - Additional Information (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Accounts Notes And Loans Receivable [Line Items]
Other receivables $ 16,693 $ 5,143
Asia [Member] | Banker's Acceptance Notes [Member]
Accounts Notes And Loans Receivable [Line Items]
Other receivables $ 14,043 $ 1,596

Inventories - Inventories Compo

Inventories - Inventories Components (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Inventory Disclosure [Abstract]
Raw materials $ 44,392 $ 42,758
Supplies9,677 9,294
Work in process7,875 6,267
Finished goods62,690 55,609
Gross inventories124,634 113,928
Net realizable value adjustment(2,630)(4,224)
Total inventories $ 122,004 $ 109,704

Other Current Assets - Schedule

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Other Assets Current [Abstract]
Vendor deposits $ 3,326 $ 2,349
Value-added taxes receivable2,132 2,604
Contract assets277 4,953
Prepaid expenses and other2,740 1,857
Total other current assets $ 8,475 $ 11,763

Property, Plant and Equipment_3

Property, Plant and Equipment, Net - Property, Plant and Equipment Components (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Property Plant And Equipment [Line Items]
Gross PP&E $ 850,808 $ 848,312
Less: accumulated depreciation(648,584)(636,221)
Less: accumulated amortization – finance leases(5,462)(7,845)
Total PP&E, net196,762 204,246
Land [Member]
Property Plant And Equipment [Line Items]
Gross PP&E3,146 3,154
Land Improvements [Member]
Property Plant And Equipment [Line Items]
Gross PP&E16,371 16,344
Buildings and Improvements [Member]
Property Plant And Equipment [Line Items]
Gross PP&E158,571 158,025
Assets under Finance Leases [Member]
Property Plant And Equipment [Line Items]
Gross PP&E22,000 29,857
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E605,668 602,867
Computers, Software and Office Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E23,250 22,677
Transportation Equipment [Member]
Property Plant And Equipment [Line Items]
Gross PP&E10,403 7,806
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Gross PP&E $ 11,399 $ 7,582

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Liabilities (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Payables And Accruals [Abstract]
Incentive compensation $ 11,557 $ 777
Payroll and fringe benefits7,247 7,259
Deferred revenue2,976 1,279
Supplemental post-employment plan1,085 5
Severance446 1,083
Other3,834 3,286
Total accrued expenses $ 27,145 $ 13,689

Long-Term Debt - Long-Term Debt

Long-Term Debt - Long-Term Debt Components (Details) - USD ($) $ in Thousands9 Months Ended
Mar. 28, 2021Jun. 28, 2020
Debt Instrument [Line Items]
Finance lease obligations $ 9,394 $ 11,381
Total debt89,394 98,881
Current portion of finance lease obligations(3,726)(3,563)
Unamortized debt issuance costs(534)(711)
Total long-term debt $ 75,134 84,607
Finance Lease Obligations [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage3.60%
ABL Revolver [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date2023-12
Debt Instrument, Interest Rate, Effective Percentage0.00%
ABL Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date2023-12
Weighted average interest rate[1]3.30%
Outstanding balances of term loan $ 80,000 87,500
Current ABL Term Loan $ (10,000) $ (10,000)
[1]Includes the effects of interest rate swaps.

Long-Term Debt - Long-Term De_2

Long-Term Debt - Long-Term Debt Components (Details) (Parenthetical)9 Months Ended
Mar. 28, 2021
Debt Disclosure [Abstract]
Finance lease obligations, scheduled maturity start date2022-05
Finance lease obligations, scheduled maturity end date2027-11

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details)Dec. 18, 2018USD ($)Mar. 28, 2021USD ($)SwapJun. 28, 2020
Debt Instrument [Line Items]
Number of interest rate swaps | Swap3
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Derivative, notional amount $ 75,000,000
Interest rate swaps termination period2022-05
LIBOR [Member] | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Derivative, average fixed interest rate1.90%
ABL Facility [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Debt agreement maximum borrowing capacity $ 200,000,000
Principal amount of term loan $ 100,000,000
Debt instrument maturity dateDec. 18,
2023
ABL Facility [Member] | Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity $ 100,000,000
ABL Revolver [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate1.50%
ABL Revolver [Member] | Maximum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate1.75%
ABL Revolver [Member] | Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate0.75%
ABL Revolver [Member] | Minimum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate1.25%
ABL Revolver [Member] | Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate0.25%

Long-Term Debt - Scheduled Matu

Long-Term Debt - Scheduled Maturities of Outstanding Debt Obligations (Details) $ in ThousandsMar. 28, 2021USD ($)
Debt Instrument Redemption [Line Items]
Fiscal 2021 $ 3,419
Fiscal 202213,545
Fiscal 202311,257
Fiscal 202458,801
Fiscal 20251,195
Thereafter1,177
Finance Lease Obligations [Member]
Debt Instrument Redemption [Line Items]
Fiscal 2021919
Fiscal 20223,545
Fiscal 20231,257
Fiscal 20241,301
Fiscal 20251,195
Thereafter1,177
ABL Term Loan [Member]
Debt Instrument Redemption [Line Items]
Fiscal 20212,500
Fiscal 202210,000
Fiscal 202310,000
Fiscal 2024 $ 57,500

Other Long-Term Liabilities - O

Other Long-Term Liabilities - Other Long-Term Liabilities Components (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Other Liabilities Disclosure [Abstract]
Uncertain tax positions $ 2,906 $ 1,112
Supplemental post-employment plan2,014 3,019
Interest rate swaps1,562 2,551
Other2,329 1,924
Total other long-term liabilities $ 8,811 $ 8,606

Income Taxes - Schedule of Prov

Income Taxes - Schedule of Provision for Income Taxes and Effective Tax Rate (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Income Tax Disclosure [Abstract]
Provision for income taxes $ 3,660 $ 1,530 $ 7,593 $ 2,758
Effective tax rate43.50%(3.90%)32.70%(8.10%)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 28, 2021Jun. 28, 2020
Income Tax Disclosure [Abstract]
Discrete tax expense (benefit) $ 273 $ (4,874)
Change in valuation allowance income tax (benefit) expense(133)1,508
Unrecognized tax benefits for uncertain tax positions2,899 2,899 $ 1,218
Unrecognized tax benefits that would impact effective tax rate $ 2,063 $ 2,063

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Details)Oct. 31, 2018USD ($)
2018 Share Repurchase Program [Member]
Equity Class Of Treasury Stock [Line Items]
Share Repurchase Program, Authorized Amount $ 50,000,000

Shareholders' Equity - Repurcha

Shareholders' Equity - Repurchases and Retirements of Common Stock (Details) $ / shares in Units, $ in Thousands9 Months Ended
Mar. 28, 2021USD ($)$ / sharesshares
Stockholders Equity [Line Items]
Common stock repurchased and retired under publicly announced program (in shares) | shares84
Average Price Paid per Share | $ / shares $ 23.72
Approximate Dollar Value that May Yet Be Repurchased Under Publicly Announced Plans or Programs | $ $ 48,008
Fiscal 2020 [Member]
Stockholders Equity [Line Items]
Common stock repurchased and retired under publicly announced program (in shares) | shares84
Average Price Paid per Share | $ / shares $ 23.72

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - shares shares in Thousands9 Months Ended
Mar. 28, 2021Oct. 29, 2020Oct. 24, 2018
The 2013 Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Effective dateOct. 24,
2018
The Amended and Restated 2013 Incentive Compensation Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares available for future issuance1,250
Two Thousand Twenty Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Effective dateOct. 29,
2020
Number of shares available for future issuance771 850

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Number of Securities Remaining Available for Future Issuance (Details) - shares9 Months Ended
Mar. 28, 2021Mar. 29, 2020Oct. 29, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to non-employee directors(24,000)
2020 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Authorized under the 2020 Plan850,000
Available for issuance under the 2020 Plan771,000 850,000
2020 Plan [Member] | Awards Granted to Employees [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to employees(75,000)
2020 Plan [Member] | Awards Granted to Non-Employee Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Less: Awards granted to non-employee directors(4,000)

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Stock-based Compensation Granted or Issued (Details) - shares shares in Thousands9 Months Ended
Mar. 28, 2021Mar. 29, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted/Vested stock units24
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted/Vested stock units110 77
Common Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock4 4
Common Stock [Member] | Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options155 83

Fair Value of Financial Instr_3

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities - Additional Information (Details)9 Months Ended
Mar. 28, 2021USD ($)SwapMar. 29, 2020USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Number of interest rate swaps | Swap3
Fair value assets and liabilities amount transfers into or out of the levels $ 0 $ 0
Interest Rate Swap [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative, notional amount $ 75,000,000
Interest Rate Swap [Member] | LIBOR [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative, average fixed interest rate1.90%

Fair Value of Financial Instr_4

Fair Value of Financial Instruments and Non-Financial Assets and Liabilities - Schedule of Hedging Activities (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Fair Value Disclosures [Abstract]
Interest expense $ 885 $ 1,231 $ 2,589 $ 3,589
(Increase) decrease in fair value of interest rate swaps(324)1,883 (989)1,922
Impact of interest rate swaps to increase (decrease) interest expense $ 339 $ 41 $ 1,003 $ (7)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Schedule of Changes in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance $ (63,806)
Other comprehensive income $ (4,749) $ (18,719)1,490 $ (21,838)
Ending balance(62,316)(62,316)
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance(61,848)
Other comprehensive income734
Ending balance(61,114)(61,114)
Changes in Interest Rate Swaps [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance(1,958)
Other comprehensive income756
Ending balance $ (1,202) $ (1,202)

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) shares in Thousands, $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Earnings Per Share [Abstract]
Net income (loss) $ 4,758 $ (41,111) $ 15,654 $ (36,990)
Basic weighted average shares18,485 18,475 18,465 18,485
Net potential common share equivalents482 331
Diluted weighted average shares18,967 18,475 18,796 18,485
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents (in shares)287 403 557 371
Unvested stock options that vest upon achievement of certain market conditions (in shares)333 333

Investments in Unconsolidated_3

Investments in Unconsolidated Affiliates and Variable Interest Entities - Additional Information (Details) $ in Thousands9 Months Ended
Mar. 28, 2021USD ($)EntityJun. 28, 2020USD ($)Apr. 29, 2020
Schedule Of Equity Method Investments [Line Items]
Unconsolidated Entities, Number | Entity2
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investments $ 2,847
Purchase commitment, remaining minimum amount committed10,111
Accounts payable, related parties $ 3,294 $ 1,166
Percentage of current and total assets and total liabilities accounted for by equity method investments3.00%
Parkdale America LLC [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investment, ownership percentage34.00%

Investments in Unconsolidated_4

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Raw Material Purchases under Supply Agreement (Details) - USD ($) $ in Thousands9 Months Ended
Mar. 28, 2021Mar. 29, 2020
UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement $ 13,677 $ 13,219
UNF [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement548 1,343
UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Raw material purchases under supply agreement $ 14,225 $ 14,562

Investments in Unconsolidated_5

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Unaudited, Condensed Balance Sheet Information for Unconsolidated Affiliates (Details) - USD ($) $ in ThousandsMar. 28, 2021Dec. 27, 2020Jun. 28, 2020Mar. 29, 2020Dec. 29, 2019Jun. 30, 2019
Schedule Of Equity Method Investments [Line Items]
Current assets $ 312,659 $ 254,493
Current liabilities100,610 54,994
Shareholders’ equity and capital accounts335,597 $ 334,873 316,155 $ 333,829 $ 395,479 $ 392,845
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Schedule Of Equity Method Investments [Line Items]
Current assets8,473 5,190
Non-current assets693 561
Current liabilities3,472 1,415
Shareholders’ equity and capital accounts5,694 4,336
UNIFI’s portion of undistributed earnings2,486 1,424
Equity Method Investment, Nonconsolidated Investee or Group of Investees | UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Current assets8,473 5,190
Non-current assets693 561
Current liabilities3,472 1,415
Shareholders’ equity and capital accounts5,694 4,336
UNIFI’s portion of undistributed earnings $ 2,486 $ 1,424

Investments in Unconsolidated_6

Investments in Unconsolidated Affiliates and Variable Interest Entities - Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Schedule Of Equity Method Investments [Line Items]
Gross profit $ 25,595 $ 15,383 $ 66,090 $ 48,491
Net income4,758 (41,111)15,654 (36,990)
Distributions received10,437
Equity Method Investment, Nonconsolidated Investee or Group of Investees
Schedule Of Equity Method Investments [Line Items]
Net sales5,983 174,930 13,847 545,881
Gross profit1,047 12,574 2,580 14,812
Income from operations629 7,755 1,348 (57)
Net income630 9,885 1,353 4,474
Depreciation and amortization38 8,670 116 30,784
Cash received by PAL under cotton rebate program3,210 10,366
Earnings recognized by PAL for cotton rebate program3,215 9,569
Distributions received10,437
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Parkdale America LLC [Member]
Schedule Of Equity Method Investments [Line Items]
Net sales170,854 531,669
Gross profit12,182 13,067
Income from operations7,747 (554)
Net income9,811 3,893
Depreciation and amortization8,647 30,671
Cash received by PAL under cotton rebate program3,210 10,366
Earnings recognized by PAL for cotton rebate program3,215 9,569
Distributions received10,437
Equity Method Investment, Nonconsolidated Investee or Group of Investees | UNF and UNF America [Member]
Schedule Of Equity Method Investments [Line Items]
Net sales5,983 4,076 13,847 14,212
Gross profit1,047 392 2,580 1,745
Income from operations629 8 1,348 497
Net income630 74 1,353 581
Depreciation and amortization $ 38 $ 23 $ 116 $ 113

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in ThousandsApr. 10, 2019Sep. 30, 2004
Commitments And Contingencies Disclosure [Abstract]
The term of a former ground lease99 years
Net monitoring and reporting costs received $ 180

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)Mar. 28, 2021Jun. 28, 2020
Related Party Transactions [Abstract]
Related party receivables $ 0 $ 0

Related Party Transactions - Re

Related Party Transactions - Related Party Receivables and Payables (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Related Party Transaction [Line Items]
Finance lease obligations $ 9,394 $ 11,381
Salem Leasing Corporation
Related Party Transaction [Line Items]
Accounts payable, related parties460 616
Operating lease obligations1,221 1,481
Finance lease obligations6,441 6,509
Total related party payables $ 8,122 $ 8,606

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Salem Leasing Corporation
Related Party Transaction [Line Items]
Expenses with related party $ 1,236 $ 985 $ 3,099 $ 3,101

Business Segment Information -

Business Segment Information - Additional Information (Details)9 Months Ended
Mar. 28, 2021Segment
Segment Reporting [Abstract]
Number of Reportable Segments4

Business Segment Information _2

Business Segment Information - Selected Financial Information for Polyester, Nylon, International and Other Segments (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Segment Reporting Information [Line Items]
Net sales $ 178,866 $ 170,994 $ 483,147 $ 520,454
Cost of sales153,271 155,611 417,057 471,963
Gross profit25,595 15,383 66,090 48,491
Segment depreciation expense5,937 5,330 16,769 15,443
Segment Profit31,532 20,713 82,859 63,934
Polyester [Member]
Segment Reporting Information [Line Items]
Net sales82,668 89,767 228,440 261,212
Cost of sales75,446 82,735 205,691 239,725
Gross profit7,222 7,032 22,749 21,487
Segment depreciation expense5,036 4,301 13,909 12,525
Segment Profit12,258 11,333 36,658 34,012
Asia [Member]
Segment Reporting Information [Line Items]
Net sales48,483 38,621 130,898 132,496
Cost of sales41,330 34,038 112,639 118,114
Gross profit7,153 4,583 18,259 14,382
Segment Profit7,153 4,583 18,259 14,382
Brazil [Member]
Segment Reporting Information [Line Items]
Net sales25,704 21,060 72,563 66,094
Cost of sales15,106 17,644 49,375 55,089
Gross profit10,598 3,416 23,188 11,005
Segment depreciation expense299 421 1,050 1,153
Segment Profit10,897 3,837 24,238 12,158
Nylon [Member]
Segment Reporting Information [Line Items]
Net sales20,778 20,567 47,815 57,853
Cost of sales20,341 20,234 46,318 56,296
Gross profit437 333 1,497 1,557
Segment depreciation expense441 471 1,321 1,465
Segment Profit878 804 2,818 3,022
Other Segments [Member]
Segment Reporting Information [Line Items]
Net sales1,233 979 3,431 2,799
Cost of sales1,048 960 3,034 2,739
Gross profit185 19 397 60
Segment depreciation expense161 137 489 300
Segment Profit $ 346 $ 156 $ 886 $ 360

Business Segment Information _3

Business Segment Information - Reconciliations of Segment Gross Profit to Consolidated Income (loss) Before Income Taxes (Details) - USD ($) $ in Thousands3 Months Ended9 Months Ended
Mar. 28, 2021Mar. 29, 2020Mar. 28, 2021Mar. 29, 2020
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit $ 25,595 $ 15,383 $ 66,090 $ 48,491
Selling, general and administrative expenses14,581 11,720 38,570 35,208
(Benefit) provision for bad debts(184)580 (1,330)331
Other operating expense (income), net2,582 (62)4,236 900
Operating income8,616 3,145 24,614 12,052
Interest income(159)(173)(471)(595)
Interest expense885 1,231 2,589 3,589
Equity in earnings of unconsolidated affiliates(528)(3,526)(751)(1,904)
Impairment of investment in unconsolidated affiliate45,194 45,194
Income (loss) before income taxes8,418 (39,581)23,247 (34,232)
Polyester [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit7,222 7,032 22,749 21,487
Nylon [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit437 333 1,497 1,557
Brazil [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit10,598 3,416 23,188 11,005
Asia [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit7,153 4,583 18,259 14,382
Other Segments [Member]
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Gross profit $ 185 $ 19 $ 397 $ 60

Business Segment Information _4

Business Segment Information - Reconciliation of Segment Total Assets to Consolidated Total Assets (Details) - USD ($) $ in ThousandsMar. 28, 2021Jun. 28, 2020
Segment Reporting Asset Reconciling Item [Line Items]
Total assets $ 528,372 $ 474,162
Other current assets8,475 11,763
Other operating lease assets1,210 1,503
Other non-current assets7,598 4,131
Operating Segments [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets438,431 396,935
Operating Segments [Member] | Polyester [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets271,682 263,496
Operating Segments [Member] | Nylon [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets42,357 42,020
Operating Segments [Member] | Brazil [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets62,898 49,967
Operating Segments [Member] | Asia [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Total assets61,494 41,452
Corporate, Non-Segment [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Other current assets62,460 48,600
Other PP&E22,036 23,676
Other non-current assets $ 4,235 $ 3,448

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Schedule of Cash Payments for Interest and Taxes (Details) - USD ($) $ in Thousands9 Months Ended
Mar. 28, 2021Mar. 29, 2020
Supplemental Cash Flow Elements [Abstract]
Interest, net of capitalized interest of $145 and $86, respectively $ 2,395 $ 3,535
Income tax payments, net $ 4,039 $ 4,833

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Schedule of Cash Payments for Interest and Taxes (Details) (Parenthetical) - USD ($) $ in Thousands9 Months Ended
Mar. 28, 2021Mar. 29, 2020
Supplemental Cash Flow Elements [Abstract]
Interest capitalized $ 145 $ 86

Supplemental Cash Flow Inform_5

Supplemental Cash Flow Information - Additional Information (Details) - USD ($) $ in Thousands9 Months Ended12 Months Ended
Mar. 28, 2021Mar. 29, 2020Jun. 28, 2020Jun. 30, 2019
Supplemental Cash Flow Information [Abstract]
Capital expenditures incurred but not yet paid $ 1,241 $ 619 $ 630 $ 1,329
Non cash activity relating to finance leases $ 740 $ 6,301