XML 16 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jul. 02, 2023
Statement of Cash Flows [Abstract]      
Cash and cash equivalents at beginning of year $ 26,805 $ 46,960 $ 53,290
Operating activities:      
Net loss (20,348) (47,395) (46,344)
Adjustments to reconcile net loss to net cash (used) provided by operating activities:      
Equity in loss (earnings) of unconsolidated affiliates 477 390 (896)
Distributions received from unconsolidated affiliates   1,000  
Depreciation and amortization expense 25,284 27,669 27,186
Non-cash compensation expense 3,252 2,074 2,805
(Gain) loss on sales and disposals of assets (39,317) 62 278
Deferred income taxes (676) (3,543) (2,788)
Impairment for asset abandonment [1]     8,247
Recovery of taxes, net     (3,799)
Other, net 160 (50) 48
Changes in assets and liabilities:      
Receivables, net 4,564 1,989 23,138
Inventories 9,588 13,879 24,431
Other current assets (1,236) 3,061 8,002
Income taxes (6,015) 21 (751)
Accounts payable and other current liabilities (4,280) 4,204 (35,701)
Other non-current assets 7,112 (397) (471)
Other non-current liabilities 124 (872) 1,355
Net cash (used) provided by operating activities (21,311) 2,092 4,740
Investing activities:      
Capital expenditures (10,488) (11,189) (36,434)
Proceeds from sale of assets 51,553 519 209
Net cash provided (used) by investing activities 41,065 (10,670) (36,225)
Financing activities:      
Proceeds from ABL Revolver 212,551 149,600 194,700
Payments on ABL Revolver (199,251) (148,000) (165,400)
Payments on ABL Term Loan (34,200) (9,200) (7,100)
Proceeds from construction financing     6,533
Payments on finance lease obligations (3,093) (3,001) (2,123)
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions (166) (76) (69)
Other (262) 70 (603)
Net cash (used) provided by financing activities (24,421) (10,607) 25,938
Effect of exchange rate changes on cash and cash equivalents 526 (970) (783)
Net decrease in cash and cash equivalents (4,141) (20,155) (6,330)
Cash and cash equivalents at end of year $ 22,664 $ 26,805 $ 46,960
[1] In fiscal 2023, UNIFI abandoned certain specialized machinery in the Americas and recorded an impairment charge.