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Leases (Tables)
12 Months Ended
Jun. 29, 2025
Leases [Abstract]  
Schedule of Balance Sheet Location and Values of Company's Lease Assets and Lease Liabilities

The following table sets forth the balance sheet location and values of the Company’s lease assets and lease liabilities:

Classification

 

Balance Sheet Location

 

June 29, 2025

 

 

June 30, 2024

 

Lease Assets

 

 

 

 

 

 

 

 

Operating lease assets

 

Operating lease assets

 

$

7,879

 

 

$

8,245

 

Finance lease assets

 

Property, plant & equipment, net

 

 

10,759

 

 

 

10,695

 

Total lease assets

 

 

 

$

18,638

 

 

$

18,940

 

 

 

 

 

 

 

 

 

 

Lease Liabilities

 

 

 

 

 

 

 

 

Current operating lease liabilities

 

Current operating lease liabilities

 

$

2,368

 

 

$

2,251

 

Current finance lease liabilities

 

Current portion of long-term debt

 

 

2,959

 

 

 

3,078

 

Total current lease liabilities

 

 

 

$

5,327

 

 

$

5,329

 

 

 

 

 

 

 

 

 

 

Non-current operating lease liabilities

 

Non-current operating lease liabilities

 

$

5,614

 

 

$

6,124

 

Non-current finance lease liabilities

 

Long-term debt

 

 

5,049

 

 

 

6,321

 

Total non-current lease liabilities

 

 

 

$

10,663

 

 

$

12,445

 

 

 

 

 

 

 

 

 

 

Total lease liabilities

 

 

 

$

15,990

 

 

$

17,774

 

 

Schedule of Components of Lease Cost

The following table sets forth the components of UNIFI’s total lease cost for fiscal 2025 and 2024:

Lease Cost

 

Fiscal 2025

 

 

Fiscal 2024

 

Operating lease cost

 

$

2,730

 

 

$

2,547

 

Variable lease cost

 

 

643

 

 

 

617

 

Finance lease cost:

 

 

 

 

 

 

   Amortization of lease assets

 

 

1,785

 

 

 

1,885

 

   Interest on lease liabilities

 

 

418

 

 

 

532

 

Short-term lease cost

 

 

1,397

 

 

 

1,155

 

Total lease cost

 

$

6,973

 

 

$

6,736

 

Schedule of Supplemental Cash Flow Information and Non-Cash Activity Related to Operating Leases

The following table presents supplemental information related to leases:

Other Information

 

Fiscal 2025

 

 

Fiscal 2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

   Operating cash flows used by operating leases

 

$

2,730

 

 

$

2,547

 

   Financing cash flows used by finance leases

 

$

3,093

 

 

$

3,001

 

Non-cash activities:

 

 

 

 

 

 

   Leased assets obtained in exchange for new operating lease liabilities

 

$

2,365

 

 

$

2,536

 

   Leased assets obtained in exchange for new finance lease liabilities

 

$

1,716

 

 

$

1,633

 

Schedule of Weighted-Average Remaining Lease Term and Discount Rate for Operating Leases and Finance Leases

The following table sets forth UNIFI's weighted average remaining lease term in years and discount rate percentage used in the calculation of its outstanding lease liabilities:

Weighted Average Remaining Lease Term and Discount Rate

 

June 29, 2025

 

 

June 30, 2024

 

Weighted average remaining lease term (years):

 

 

 

 

 

 

  Operating leases

 

 

4.5

 

 

 

4.9

 

  Finance leases

 

 

3.3

 

 

 

3.2

 

Weighted average discount rate (percentage):

 

 

 

 

 

 

  Operating leases

 

 

5.1

%

 

 

4.9

%

  Finance leases

 

 

5.2

%

 

 

5.2

%

Schedule of Future Minimum Lease Payments for Finance Leases and Operating Leases

Future minimum finance lease payments and future minimum payments under non-cancelable operating leases with initial lease terms in excess of one year as of June 29, 2025 by fiscal year were:

Maturity of Lease Liabilities

 

Finance Leases

 

 

Operating Leases

 

Fiscal 2026

 

$

3,383

 

 

$

2,368

 

Fiscal 2027

 

 

2,816

 

 

 

2,137

 

Fiscal 2028

 

 

1,653

 

 

 

1,235

 

Fiscal 2029

 

 

313

 

 

 

1,220

 

Fiscal 2030

 

 

249

 

 

 

617

 

Fiscal years thereafter

 

 

503

 

 

 

1,132

 

Total minimum lease payments

 

$

8,917

 

 

$

8,709

 

Less estimated executory costs

 

 

(188

)

 

 

 

Less imputed interest

 

 

(721

)

 

 

(727

)

Present value of net minimum lease payments

 

 

8,008

 

 

 

7,982

 

Less current portion of lease obligations

 

 

(2,959

)

 

 

(2,368

)

Long-term portion of lease obligations

 

$

5,049

 

 

$

5,614