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Other Current Assets
12 Months Ended
Jun. 29, 2025
Other Assets Current [Abstract]  
Other Current Assets

8. Other Current Assets

Other current assets consists of the following:

 

 

June 29, 2025

 

 

June 30, 2024

 

Prepaid expenses and other

 

$

3,475

 

 

$

2,133

 

Vendor deposits

 

 

2,775

 

 

 

2,633

 

Value-added taxes receivable

 

 

2,365

 

 

 

2,510

 

Contract assets

 

 

607

 

 

 

561

 

Assets held for sale

 

 

 

 

 

3,781

 

Total other current assets

 

$

9,222

 

 

$

11,618

 

 

Prepaid expenses and other consists of advance payments for routine operating expenses. Vendor deposits primarily relates to down payments made toward the purchase of inventory. Value-added taxes receivable relates to recoverable taxes associated with the sales and purchase activities of UNIFI’s foreign operations. Contract assets represents the estimated revenue attributable to UNIFI in connection with completed performance obligations under contracts with customers for which revenue is recognized over time. The contract assets are classified to receivables when the right to payment becomes unconditional. Assets held for sale as of June 30, 2024 relates to a warehouse located in Yadkinville, North Carolina that was being actively marketed for sale and was subsequently sold during fiscal 2025 for total proceeds of $8,084.