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Investments in Unconsolidated Affiliates and Variable Interest Entities (Tables)
6 Months Ended
Dec. 27, 2020
Schedule Of Equity Method Investments [Line Items]  
Schedule of Raw Material Purchases under Supply Agreement

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

 

 

 

For the Six Months Ended

 

 

 

December 27, 2020

 

 

December 29, 2019

 

UNFA

 

$

8,005

 

 

$

8,582

 

UNF

 

 

207

 

 

 

1,209

 

Total

 

$

8,212

 

 

$

9,791

 

Schedule of Unaudited, Condensed Balance Sheet Information for Unconsolidated Affiliates

Condensed balance sheet and income statement information for UNIFI’s unconsolidated affiliates (including reciprocal balances) are presented in the tables below.

 

 

 

As of December 27, 2020

 

 

As of June 28, 2020

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Current assets

 

$

—

 

 

$

7,499

 

 

$

7,499

 

 

$

—

 

 

$

5,190

 

 

$

5,190

 

Non-current assets

 

 

—

 

 

 

731

 

 

 

731

 

 

 

—

 

 

 

561

 

 

 

561

 

Current liabilities

 

 

—

 

 

 

3,166

 

 

 

3,166

 

 

 

—

 

 

 

1,415

 

 

 

1,415

 

Non-current liabilities

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Shareholders’ equity and capital

   accounts

 

 

—

 

 

 

5,064

 

 

 

5,064

 

 

 

—

 

 

 

4,336

 

 

 

4,336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UNIFI’s portion of undistributed

   earnings

 

 

—

 

 

 

2,041

 

 

 

2,041

 

 

 

—

 

 

 

1,424

 

 

 

1,424

 

 

Income Statement Information [Member]  
Schedule Of Equity Method Investments [Line Items]  
Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates

 

 

For the Three Months Ended December 27, 2020

 

 

For the Three Months Ended December 29, 2019

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Net sales

 

$

—

 

 

$

4,651

 

 

$

4,651

 

 

$

161,648

 

 

$

5,475

 

 

$

167,123

 

Gross profit (loss)

 

 

—

 

 

 

1,092

 

 

 

1,092

 

 

 

(186

)

 

 

812

 

 

 

626

 

Income (loss) from operations

 

 

—

 

 

 

673

 

 

 

673

 

 

 

(5,026

)

 

 

377

 

 

 

(4,649

)

Net income (loss)

 

 

—

 

 

 

674

 

 

 

674

 

 

 

(2,463

)

 

 

383

 

 

 

(2,080

)

Depreciation and amortization

 

 

—

 

 

 

42

 

 

 

42

 

 

 

11,393

 

 

 

43

 

 

 

11,436

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received by PAL under

   cotton rebate program

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3,463

 

 

 

—

 

 

 

3,463

 

Earnings recognized by PAL for

   cotton rebate program

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,766

 

 

 

—

 

 

 

2,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions received

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

For the Six Months Ended December 27, 2020

 

 

For the Six Months Ended December 29, 2019

 

 

 

PAL

 

 

UNFs

 

 

Total

 

 

PAL

 

 

UNFs

 

 

Total

 

Net sales

 

$

—

 

 

$

7,864

 

 

$

7,864

 

 

$

360,815

 

 

$

10,136

 

 

$

370,951

 

Gross profit

 

 

—

 

 

 

1,533

 

 

 

1,533

 

 

 

885

 

 

 

1,353

 

 

 

2,238

 

Income (loss) from operations

 

 

—

 

 

 

719

 

 

 

719

 

 

 

(8,301

)

 

 

489

 

 

 

(7,812

)

Net income (loss)

 

 

—

 

 

 

723

 

 

 

723

 

 

 

(5,918

)

 

 

507

 

 

 

(5,411

)

Depreciation and amortization

 

 

—

 

 

 

78

 

 

 

78

 

 

 

22,024

 

 

 

90

 

 

 

22,114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received by PAL under

   cotton rebate program

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7,156

 

 

 

—

 

 

 

7,156

 

Earnings recognized by PAL for

   cotton rebate program

 

 

—

 

 

 

—

 

 

 

—

 

 

 

6,354

 

 

 

—

 

 

 

6,354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributions received

 

 

—

 

 

 

—

 

 

 

—

 

 

 

10,437

 

 

 

—

 

 

 

10,437