2024 Q1 Form 10-Q Financial Statement

#000095017024012169 Filed on February 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q1
Revenue $149.0M
YoY Change 9.39%
Cost Of Revenue $144.2M
YoY Change 0.01%
Gross Profit $4.764M
YoY Change -159.55%
Gross Profit Margin 3.2%
Selling, General & Admin $11.37M
YoY Change -3.2%
% of Gross Profit 238.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.792M
YoY Change 0.8%
% of Gross Profit 142.57%
Operating Expenses $11.37M
YoY Change -3.2%
Operating Profit -$6.926M
YoY Change -65.05%
Interest Expense $2.407M
YoY Change 27.42%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$9.505M
YoY Change -54.97%
Income Tax $790.0K
% Of Pretax Income
Net Earnings -$10.30M
YoY Change -42.92%
Net Earnings / Revenue -6.91%
Basic Earnings Per Share -$0.57
Diluted Earnings Per Share -$0.57
COMMON SHARES
Basic Shares Outstanding 18.16M
Diluted Shares Outstanding 18.17M

Balance Sheet

Concept 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.66M
YoY Change -45.53%
Cash & Equivalents $27.66M
Short-Term Investments
Other Short-Term Assets $9.460M
YoY Change -28.35%
Inventory $134.1M
Prepaid Expenses
Receivables $74.08M
Other Receivables $9.479M
Total Short-Term Assets $252.2M
YoY Change -9.34%
LONG-TERM ASSETS
Property, Plant & Equipment $204.8M
YoY Change -9.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.537M
YoY Change -36.75%
Other Assets $13.40M
YoY Change 1.36%
Total Long-Term Assets $230.4M
YoY Change -7.85%
TOTAL ASSETS
Total Short-Term Assets $252.2M
Total Long-Term Assets $230.4M
Total Assets $482.6M
YoY Change -8.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.34M
YoY Change 25.33%
Accrued Expenses $19.04M
YoY Change 58.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $12.37M
YoY Change 11.5%
Total Short-Term Liabilities $77.72M
YoY Change 32.16%
LONG-TERM LIABILITIES
Long-Term Debt $116.1M
YoY Change -2.46%
Other Long-Term Liabilities $3.439M
YoY Change -27.75%
Total Long-Term Liabilities $3.439M
YoY Change -27.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.72M
Total Long-Term Liabilities $3.439M
Total Liabilities $204.8M
YoY Change 5.92%
SHAREHOLDERS EQUITY
Retained Earnings $263.4M
YoY Change -19.52%
Common Stock $72.50M
YoY Change 4.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $277.8M
YoY Change
Total Liabilities & Shareholders Equity $482.6M
YoY Change -8.64%

Cashflow Statement

Concept 2024 Q1
OPERATING ACTIVITIES
Net Income -$10.30M
YoY Change -42.92%
Depreciation, Depletion And Amortization $6.792M
YoY Change 0.8%
Cash From Operating Activities -$1.357M
YoY Change -110.31%
INVESTING ACTIVITIES
Capital Expenditures $2.584M
YoY Change -79.74%
Acquisitions
YoY Change
Other Investing Activities $2.000K
YoY Change -100.56%
Cash From Investing Activities -$2.582M
YoY Change -80.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.069M
YoY Change -251.66%
NET CHANGE
Cash From Operating Activities -1.357M
Cash From Investing Activities -2.582M
Cash From Financing Activities -4.069M
Net Change In Cash -8.008M
YoY Change -392.16%
FREE CASH FLOW
Cash From Operating Activities -$1.357M
Capital Expenditures $2.584M
Free Cash Flow -$3.941M
YoY Change -1056.55%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000100726
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-02
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-10542
dei Entity Registrant Name
EntityRegistrantName
UNIFI, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NY
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
11-2165495
dei Entity Address Address Line1
EntityAddressAddressLine1
7201 West Friendly Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Greensboro
dei Entity Address State Or Province
EntityAddressStateOrProvince
NC
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
27410
dei City Area Code
CityAreaCode
336
dei Local Phone Number
LocalPhoneNumber
294-4410
dei Security12b Title
Security12bTitle
Common Stock, par value $0.10 per share
dei Trading Symbol
TradingSymbol
UFI
dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3364000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4133000
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18158306
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35979000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46960000
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
69583000
CY2023Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
83725000
CY2023Q4 us-gaap Inventory Net
InventoryNet
135676000
CY2023Q3 us-gaap Inventory Net
InventoryNet
150810000
CY2023Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
2421000
CY2023Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
238000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12290000
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
12327000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
255949000
CY2023Q3 us-gaap Assets Current
AssetsCurrent
294060000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
209435000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
218521000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7094000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7791000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4812000
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3939000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14839000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14508000
CY2023Q4 us-gaap Assets
Assets
492129000
CY2023Q3 us-gaap Assets
Assets
538819000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
34709000
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
44455000
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2263000
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
789000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1733000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1813000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12357000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12006000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17409000
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12932000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
68471000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
71995000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
120144000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
128604000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5515000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6146000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2526000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5100000
CY2023Q4 us-gaap Liabilities
Liabilities
200789000
CY2023Q3 us-gaap Liabilities
Liabilities
215209000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18150602
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18150602
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18081538
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18081538
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
1815000
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
1808000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
70254000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
68901000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
273676000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
306792000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-54405000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-53891000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291340000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
323610000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
492129000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
538819000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136917000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136212000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275761000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315731000
CY2023Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
135281000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
144212000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
274700000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
317168000
CY2023Q4 us-gaap Gross Profit
GrossProfit
1636000
CY2023Q1 us-gaap Gross Profit
GrossProfit
-8000000
us-gaap Gross Profit
GrossProfit
1061000
us-gaap Gross Profit
GrossProfit
-1437000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12408000
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11748000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24017000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23521000
CY2023Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1289000
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-156000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1080000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18000
CY2023Q4 us-gaap Restructuring Charges
RestructuringCharges
5101000
us-gaap Restructuring Charges
RestructuringCharges
5101000
CY2023Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-481000
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-226000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-535000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
463000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-17643000
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-19818000
us-gaap Operating Income Loss
OperatingIncomeLoss
-29672000
us-gaap Operating Income Loss
OperatingIncomeLoss
-24513000
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
697000
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
514000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1278000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1061000
CY2023Q4 us-gaap Interest Expense
InterestExpense
2613000
CY2023Q1 us-gaap Interest Expense
InterestExpense
1889000
us-gaap Interest Expense
InterestExpense
5098000
us-gaap Interest Expense
InterestExpense
3136000
CY2023Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
93000
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
86000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
293000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
381000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19466000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21107000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-33199000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-26207000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
380000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3070000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-83000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-336000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-19846000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-18037000
us-gaap Net Income Loss
NetIncomeLoss
-33116000
us-gaap Net Income Loss
NetIncomeLoss
-25871000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.1
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.44
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.1
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.83
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.44
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-19846000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-18037000
us-gaap Net Income Loss
NetIncomeLoss
-33116000
us-gaap Net Income Loss
NetIncomeLoss
-25871000
CY2023Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
5026000
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3447000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-514000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2461000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5026000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3447000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-514000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2461000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14820000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14590000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-33630000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-28332000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
305029000
CY2023Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1173000
CY2023Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
60000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5026000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-19846000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291340000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
323610000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
39000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1382000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
61000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-514000
us-gaap Profit Loss
ProfitLoss
-33116000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291340000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
348299000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1218000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
50000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3447000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-18037000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
334879000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
361449000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1809000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
66000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2461000
us-gaap Profit Loss
ProfitLoss
-25871000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
334879000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46960000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
53290000
us-gaap Profit Loss
ProfitLoss
-33116000
us-gaap Profit Loss
ProfitLoss
-25871000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
293000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
381000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13988000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13478000
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
1387000
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
1976000
ufi Recovery Of Income Taxes
RecoveryOfIncomeTaxes
-3799000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1714000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
304000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
120000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-289000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-14367000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-40552000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15081000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25422000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
402000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-5525000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-727000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-2655000
ufi Increase Decrease In Accounts Payable And Other Current Liabilities
IncreaseDecreaseInAccountsPayableAndOtherCurrentLiabilities
-4763000
ufi Increase Decrease In Accounts Payable And Other Current Liabilities
IncreaseDecreaseInAccountsPayableAndOtherCurrentLiabilities
-47599000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
1171000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-639000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2517000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7272000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5982000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23950000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-488000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
576000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5494000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24526000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
80600000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
96800000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
82700000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
82200000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
4600000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2500000
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
4900000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1440000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
899000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
658000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-27000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-47000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8167000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15396000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
163000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-651000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10981000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2509000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
35979000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
50781000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:8pt;font-family:Arial;min-width:fit-content;">1. Background</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">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, medical, and other end-use markets (UNIFI’s “indirect customers”). We sometimes refer to these indirect customers as “brand partners.” Polyester products include partially oriented yarn (“POY”) and textured, solution and package dyed, twisted, beamed, and draw wound yarns, and each is available in virgin or recycled varieties. Recycled solutions, made from both pre-consumer and post-consumer waste, include plastic bottle flake (“Flake”), polyester polymer beads (“Chip”), and staple fiber. Nylon products include virgin or recycled textured, solution dyed, and spandex covered yarns.</span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">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 North America, Central America, South America, Asia, and Europe. UNIFI has direct manufacturing operations in </span><span style="font-size:8pt;font-family:Arial;color:#000000;white-space:pre-wrap;min-width:fit-content;">four</span><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;"> countries and participates in joint ventures with operations in Israel and the United States (the “U.S.”). During the quarter ended December 31, 2023, UNIFI terminated the joint venture with operations in Israel.</span></p>
CY2023Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
4
us-gaap Basis Of Accounting
BasisOfAccounting
<p style="font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:8pt;font-family:Arial;min-width:fit-content;">2. Basis of Presentation; Condensed Notes</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (“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 July 2, 2023 (the “2023 Form 10-K”).</span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">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.</span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">All amounts, except per share amounts, are presented in thousands (000s), except as otherwise noted.</span></p><div><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">The fiscal quarter for each of Unifi, Inc., its primary domestic operating subsidiaries and its subsidiary in El Salvador ended on December 31, 2023. Unifi, Inc.’s remaining material operating subsidiaries’ fiscal quarter ended on December 31, 2023. The three-month periods ended December 31, 2023 and January 1, 2023 both consisted of 13 weeks. The six-month periods ended December 31, 2023 and January 1, 2023 both consisted of 26 weeks.</span></p></div>
us-gaap Fiscal Period
FiscalPeriod
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:8pt;font-family:Arial;min-width:fit-content;">The fiscal quarter for each of Unifi, Inc., its primary domestic operating subsidiaries and its subsidiary in El Salvador ended on December 31, 2023. Unifi, Inc.’s remaining material operating subsidiaries’ fiscal quarter ended on December 31, 2023. The three-month periods ended December 31, 2023 and January 1, 2023 both consisted of 13 weeks. The six-month periods ended December 31, 2023 and January 1, 2023 both consisted of 26 weeks.</span></p>
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136917000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136212000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275761000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315731000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136917000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136212000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275761000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315731000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
10960000
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
10767000
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1632000
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
132760000
CY2023Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
140899000
CY2023Q4 ufi Financing Obligation Current Portion
FinancingObligationCurrentPortion
3157000
CY2023Q3 ufi Financing Obligation Current Portion
FinancingObligationCurrentPortion
2806000
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
259000
CY2023Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
289000
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
120144000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
128604000
ufi Finance Lease Obligations Range Start Month And Year
FinanceLeaseObligationsRangeStartMonthAndYear
2025-03
ufi Finance Lease Obligations Range End Month And Year
FinanceLeaseObligationsRangeEndMonthAndYear
2028-09
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
380000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3070000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-83000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-336000
CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.02
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.013
ufi Fair Value Assets And Liabilities Transfers Among Level1 Level2 And Level3 Amount
FairValueAssetsAndLiabilitiesTransfersAmongLevel1Level2AndLevel3Amount
0
ufi Fair Value Assets And Liabilities Transfers Among Level1 Level2 And Level3 Amount
FairValueAssetsAndLiabilitiesTransfersAmongLevel1Level2AndLevel3Amount
0
CY2023Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
2618000
CY2023Q3 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
2496000
us-gaap Gain Loss On Investments
GainLossOnInvestments
122000
us-gaap Gain Loss On Investments
GainLossOnInvestments
11000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-19846000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-18037000
us-gaap Net Income Loss
NetIncomeLoss
-33116000
us-gaap Net Income Loss
NetIncomeLoss
-25871000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18110000
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18034000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18097000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18017000
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18110000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18034000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18097000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18017000
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
577000
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
739000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
577000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
703000
CY2023Q4 ufi Unvested Stock Options That Vest Upon Achievement Of Certain Market Conditions
UnvestedStockOptionsThatVestUponAchievementOfCertainMarketConditions
333000
CY2023Q1 ufi Unvested Stock Options That Vest Upon Achievement Of Certain Market Conditions
UnvestedStockOptionsThatVestUponAchievementOfCertainMarketConditions
333000
ufi Unvested Stock Options That Vest Upon Achievement Of Certain Market Conditions
UnvestedStockOptionsThatVestUponAchievementOfCertainMarketConditions
333000
ufi Unvested Stock Options That Vest Upon Achievement Of Certain Market Conditions
UnvestedStockOptionsThatVestUponAchievementOfCertainMarketConditions
333000
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
0
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
0
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136917000
CY2023Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
135281000
CY2023Q4 us-gaap Gross Profit
GrossProfit
1636000
CY2023Q4 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
6274000
CY2023Q4 ufi Segment Profit Loss
SegmentProfitLoss
7910000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136212000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
144212000
CY2023Q1 us-gaap Gross Profit
GrossProfit
-8000000
CY2023Q1 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
5933000
CY2023Q1 ufi Segment Profit Loss
SegmentProfitLoss
-2067000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275761000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
274700000
us-gaap Gross Profit
GrossProfit
1061000
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
12611000
ufi Segment Profit Loss
SegmentProfitLoss
13672000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315731000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
317168000
us-gaap Gross Profit
GrossProfit
-1437000
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
11883000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1210000
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2228000
CY2023Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1848000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14839000
ufi Segment Profit Loss
SegmentProfitLoss
10446000
CY2023Q4 us-gaap Gross Profit
GrossProfit
1636000
CY2023Q1 us-gaap Gross Profit
GrossProfit
-8000000
us-gaap Gross Profit
GrossProfit
1061000
us-gaap Gross Profit
GrossProfit
-1437000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12408000
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11748000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24017000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23521000
CY2023Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1289000
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-156000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1080000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18000
CY2023Q4 us-gaap Restructuring Costs
RestructuringCosts
5101000
us-gaap Restructuring Costs
RestructuringCosts
5101000
CY2023Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-481000
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-226000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-535000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
463000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-17643000
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-19818000
us-gaap Operating Income Loss
OperatingIncomeLoss
-29672000
us-gaap Operating Income Loss
OperatingIncomeLoss
-24513000
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
697000
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
514000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1278000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1061000
CY2023Q4 us-gaap Interest Expense
InterestExpense
2613000
CY2023Q1 us-gaap Interest Expense
InterestExpense
1889000
us-gaap Interest Expense
InterestExpense
5098000
us-gaap Interest Expense
InterestExpense
3136000
CY2023Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
93000
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
86000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
293000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
381000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19466000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21107000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-33199000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-26207000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
63376000
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
77130000
CY2023Q4 ufi Bankers Acceptance Notes
BankersAcceptanceNotes
5446000
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3101000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
104000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
239000
us-gaap Interest Paid Net
InterestPaidNet
4740000
us-gaap Interest Paid Net
InterestPaidNet
2739000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2606000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4064000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
621000
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1137000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1594000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2456000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1633000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
729000
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
66537000
CY2023Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
79174000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2452000
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1362000
CY2023Q4 ufi Reserves For Quality Claims
ReservesForQualityClaims
709000
CY2023Q3 ufi Reserves For Quality Claims
ReservesForQualityClaims
682000
CY2023Q3 ufi Bankers Acceptance Notes
BankersAcceptanceNotes
5870000
CY2023Q4 us-gaap Other Receivables
OtherReceivables
761000
CY2023Q3 us-gaap Other Receivables
OtherReceivables
725000
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
69583000
CY2023Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
83725000
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
58448000
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
59983000
CY2023Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
11871000
CY2023Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
11787000
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
7077000
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
6633000
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
65646000
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
78032000
CY2023Q4 us-gaap Inventory Gross
InventoryGross
143042000
CY2023Q3 us-gaap Inventory Gross
InventoryGross
156435000
CY2023Q4 ufi Net Realizable Value Adjustment
NetRealizableValueAdjustment
7366000
CY2023Q3 ufi Net Realizable Value Adjustment
NetRealizableValueAdjustment
5625000
CY2023Q4 us-gaap Inventory Net
InventoryNet
135676000
CY2023Q3 us-gaap Inventory Net
InventoryNet
150810000
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
4608000
CY2023Q3 us-gaap Deposits Assets Current
DepositsAssetsCurrent
3863000
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
3826000
CY2023Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2584000
CY2023Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
2893000
CY2023Q3 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
3398000
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
769000
CY2023Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
549000
CY2023Q4 ufi Recovery Of Non Income Taxes Net Current Assets
RecoveryOfNonIncomeTaxesNetCurrentAssets
194000
CY2023Q3 ufi Recovery Of Non Income Taxes Net Current Assets
RecoveryOfNonIncomeTaxesNetCurrentAssets
1933000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12290000
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
12327000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
904507000
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
906739000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
688687000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
682768000
CY2023Q4 ufi Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
6385000
CY2023Q3 ufi Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
5450000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
209435000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
218521000
CY2023Q4 ufi Recovery Of Taxes
RecoveryOfTaxes
6156000
CY2023Q3 ufi Recovery Of Taxes
RecoveryOfTaxes
5957000
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3101000
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
2997000
CY2023Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
2618000
CY2023Q3 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
2496000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
736000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14508000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4827000
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6981000
CY2023Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
2351000
CY2023Q4 ufi Incentive Compensation
IncentiveCompensation
1856000
CY2023Q3 ufi Incentive Compensation
IncentiveCompensation
298000
CY2023Q4 ufi Dissolution Of Joint Venture
DissolutionOfJointVenture
1550000
CY2023Q4 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1476000
CY2023Q3 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1634000
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1293000
CY2023Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1441000
CY2023Q4 ufi Accrual For Taxes Other Than Income Tax Current Interest And Other
AccrualForTaxesOtherThanIncomeTaxCurrentInterestAndOther
4056000
CY2023Q3 ufi Accrual For Taxes Other Than Income Tax Current Interest And Other
AccrualForTaxesOtherThanIncomeTaxCurrentInterestAndOther
2578000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17409000
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12932000
CY2023Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2675000
CY2023Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2659000
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1032000
CY2023Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1973000
CY2023Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
426000
CY2023Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
468000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4133000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5100000
CY2023Q4 us-gaap Severance Costs1
SeveranceCosts1
2351000

Files In Submission

Name View Source Status
0000950170-24-012169-index-headers.html Edgar Link pending
0000950170-24-012169-index.html Edgar Link pending
0000950170-24-012169.txt Edgar Link pending
0000950170-24-012169-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ufi-20231231.htm Edgar Link pending
ufi-20231231.xsd Edgar Link pending
ufi-ex10_1.htm Edgar Link pending
ufi-ex10_2.htm Edgar Link pending
ufi-ex31_1.htm Edgar Link pending
ufi-ex31_2.htm Edgar Link pending
ufi-ex32.htm Edgar Link pending
ufi-20231231_htm.xml Edgar Link completed