$UFI
UNIFI INC

2018 Q3 Form 10-Q Financial Statement

#000156459018028529 Filed on November 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $164.2M
YoY Change 2.67%
Cost Of Revenue $141.0M
YoY Change 3.32%
Gross Profit $23.29M
YoY Change -1.08%
Gross Profit Margin 14.18%
Selling, General & Admin $12.86M
YoY Change 12.73%
% of Gross Profit 55.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.510M
YoY Change 16.32%
% of Gross Profit 23.66%
Operating Expenses $12.86M
YoY Change 12.73%
Operating Profit $10.17M
YoY Change -19.09%
Interest Expense $1.185M
YoY Change 71.24%
% of Operating Profit 11.65%
Other Income/Expense, Net
YoY Change
Pretax Income $12.16M
YoY Change -5.53%
Income Tax $3.196M
% Of Pretax Income 26.29%
Net Earnings $8.960M
YoY Change -4.71%
Net Earnings / Revenue 5.46%
Basic Earnings Per Share $0.49
Diluted Earnings Per Share $0.48
COMMON SHARES
Basic Shares Outstanding 18.24M
Diluted Shares Outstanding 18.57M

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $42.20M $42.39M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $85.93M $78.98M
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $10.00M $10.00M
YoY Change 0.0% 4.98%
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity
YoY Change

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $8.960M
YoY Change -4.71%
Depreciation, Depletion And Amortization $5.510M
YoY Change 16.32%
Cash From Operating Activities $15.76M
YoY Change 93.4%
INVESTING ACTIVITIES
Capital Expenditures $5.148M
YoY Change -49.21%
Acquisitions
YoY Change
Other Investing Activities -$57.00K
YoY Change -216.33%
Cash From Investing Activities -$5.091M
YoY Change -50.01%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.029M
YoY Change -163.37%
NET CHANGE
Cash From Operating Activities 15.76M
Cash From Investing Activities -5.091M
Cash From Financing Activities -4.029M
Net Change In Cash 6.640M
YoY Change 53.6%
FREE CASH FLOW
Cash From Operating Activities $15.76M
Capital Expenditures $5.148M
Free Cash Flow $10.61M
YoY Change -634.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
470000
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7663000
CY2018Q2 us-gaap Liabilities
Liabilities
212026000
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
1835000
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
56726000
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
371753000
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-40533000
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18352824
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
161592000
us-gaap Gross Profit
GrossProfit
20019000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14411000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
131000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
240000
us-gaap Operating Income Loss
OperatingIncomeLoss
5717000
us-gaap Investment Income Interest
InvestmentIncomeInterest
147000
us-gaap Interest Expense
InterestExpense
1467000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
239000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4636000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2824000
us-gaap Net Income Loss
NetIncomeLoss
1812000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Profit Loss
ProfitLoss
1812000
CY2017Q3 us-gaap Profit Loss
ProfitLoss
8960000
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2865000
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
415000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3174000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1110000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12134000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35425000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
504000
CY2017Q3 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7178000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6036000
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5510000
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
998000
CY2017Q3 us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
1151000
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
389781000
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
601807000
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
8960000
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3495000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
228000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2922000
CY2018Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
4
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
5800000
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18352824
CY2017Q3 us-gaap Gross Profit
GrossProfit
23292000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12863000
CY2017Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-59000
CY2017Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-315000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
10173000
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
81000
CY2017Q3 us-gaap Interest Expense
InterestExpense
1185000
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3087000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12156000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3196000
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2059000
CY2018Q2 ufi Reserves For Yarn Quality Claims
ReservesForYarnQualityClaims
564000
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
85010000
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
477000
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
3408000
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
10465000
CY2017Q3 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-415000
CY2017Q3 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-2030000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-909000
CY2017Q3 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-918000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
201000
CY2017Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
23000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1636000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
15079000
CY2017Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6021000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
857000
CY2017Q3 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
285000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
6591000
CY2017Q3 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-351000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3835000
CY2017Q3 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-366000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-39000
CY2017Q3 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-146000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4958000
CY2017Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15760000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6384000
CY2017Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5148000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000
CY2017Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-57000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6369000
CY2017Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5091000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
34000000
CY2017Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
22200000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
19900000
CY2017Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
21900000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2500000
CY2017Q3 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2500000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1790000
CY2017Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1785000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
244000
CY2017Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
219000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-646000
CY2017Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-263000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9408000
CY2017Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4029000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-776000
CY2017Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
326000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2695000
CY2017Q3 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6966000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42391000
us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">1.&nbsp;&nbsp;Background</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unifi, Inc., a New York corporation formed in 1969 (together with its subsidiaries, &#8220;UNIFI,&#8221; the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; or &#8220;our&#8221;), is a multi-national company that manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers (UNIFI&#8217;s direct customers) that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets (UNIFI&#8217;s indirect customers).&nbsp;&nbsp;We refer to these indirect customers as &#8220;brand partners.&#8221; Polyester yarns include partially oriented yarn (&#8220;POY&#8221;), 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 (&#8220;Flake&#8221;) and polyester polymer beads (&#8220;Chip&#8221;).&nbsp;&nbsp;Nylon yarns include virgin or recycled textured, solution dyed and spandex covered yarns.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">UNIFI maintains one of the textile industry&#8217;s most comprehensive product offerings that include a range of specialized, premium value-added (&#8220;PVA&#8221;) and commodity solutions, with principal geographic markets in the Americas and Asia. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">UNIFI has direct manufacturing operations in four countries and participates in joint ventures in Israel and the United States, the most significant of which is a 34% non-controlling partnership interest in Parkdale America, LLC (&#8220;PAL&#8221;), a significant unconsolidated affiliate that produces cotton and synthetic yarns for sale to the global textile industry and apparel market. &#160; &#160;&#160;&#160;</p></div>
us-gaap Basis Of Accounting
BasisOfAccounting
<div> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">2.&nbsp;&nbsp;Basis of Presentation; Condensed Notes</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with generally accepted accounting principles in the United States (&#8220;GAAP&#8221;) for interim financial information. As contemplated by the instructions of the Securities and Exchange Commission (the &#8220;SEC&#8221;) to Form 10-Q, the following notes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements.&nbsp;&nbsp;Reference should be made to UNIFI&#8217;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 June 24, 2018 (the &#8220;2018 Form 10-K&#8221;).</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The financial information included in this report has been prepared by UNIFI, without audit.&nbsp;&nbsp;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.&nbsp;&nbsp;Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year.&nbsp;&nbsp;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.&nbsp;&nbsp;Actual results may vary from these estimates.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All amounts, except per share amounts, are presented in thousands (000s), except as otherwise noted.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fiscal quarter for Unifi, Inc. and all of its wholly owned subsidiaries ended on September 30, 2018, the last Sunday in September.&nbsp;&nbsp;The three-month periods ended September 30, 2018 and September 24, 2017 consisted of 14 and 13 fiscal weeks, respectively.<font style="font-family:Times New Roman;font-size:10pt;">&#160;</font></p></div>
us-gaap Fiscal Period
FiscalPeriod
<div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:8pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fiscal quarter for Unifi, Inc. and all of its wholly owned subsidiaries ended on September 30, 2018, the last Sunday in September.&nbsp;&nbsp;The three-month periods ended September 30, 2018 and September 24, 2017 consisted of 14 and 13 fiscal weeks, respectively.</p></div>
ufi Depreciation And Amortization Including Software Development Amortization
DepreciationAndAmortizationIncludingSoftwareDevelopmentAmortization
5663000
CY2017Q3 ufi Depreciation And Amortization Including Software Development Amortization
DepreciationAndAmortizationIncludingSoftwareDevelopmentAmortization
5123000
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
5860000
CY2017Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
4725000
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7801000
CY2018Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10337000
ufi Change In Contract Assets Balance Upon Recognition Of Satisfied Performance Obligations In Connection With Adoption Of New Revenue Recognition Guidance
ChangeInContractAssetsBalanceUponRecognitionOfSatisfiedPerformanceObligationsInConnectionWithAdoptionOfNewRevenueRecognitionGuidance
10337000
CY2018Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
88852000
CY2018Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
87633000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2161000
CY2018Q3 ufi Reserves For Yarn Quality Claims
ReservesForYarnQualityClaims
757000
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
85934000
CY2018Q3 us-gaap Other Receivables
OtherReceivables
1148000
CY2018Q2 us-gaap Other Receivables
OtherReceivables
1263000
CY2018Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
49124000
CY2018Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
45448000
CY2018Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
7952000
CY2018Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
7314000
CY2018Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
8611000
CY2018Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
8834000
CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
67699000
CY2018Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
66314000
CY2018Q3 us-gaap Inventory Gross
InventoryGross
133386000
CY2018Q2 us-gaap Inventory Gross
InventoryGross
127910000
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1425000
CY2018Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1599000
CY2018Q3 us-gaap Deposits Assets Current
DepositsAssetsCurrent
2698000
CY2018Q2 us-gaap Deposits Assets Current
DepositsAssetsCurrent
3703000
CY2018Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1460000
CY2018Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1802000
CY2018Q3 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
1163000
CY2018Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
1024000
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
834556000
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
832540000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
622624000
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
619654000
CY2018Q3 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
8112000
CY2018Q2 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
7370000
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
10833000
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6413000
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6887000
CY2018Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
16317000
CY2018Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
18107000
CY2018Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
141017000
CY2018Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
131207000
CY2018Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
6814000
CY2018Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
6996000
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2018Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
570000
CY2018Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
658000
ufi Capital Lease Obligations Range Start Month And Year
CapitalLeaseObligationsRangeStartMonthAndYear
2019-01
ufi Capital Lease Obligations Range End Month And Year
CapitalLeaseObligationsRangeEndMonthAndYear
2027-11
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
12706000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
122719000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
2624000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
2417000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
91000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
460000
CY2018Q3 us-gaap Supplemental Unemployment Benefits Other Postemployment
SupplementalUnemploymentBenefitsOtherPostemployment
2881000
CY2018Q2 us-gaap Supplemental Unemployment Benefits Other Postemployment
SupplementalUnemploymentBenefitsOtherPostemployment
3045000
CY2018Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
133000
CY2018Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
131000
CY2018Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
2034000
CY2018Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
2161000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.609
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.263
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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-4297000
CY2018Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
3901000
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14997000
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15143000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
244000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
872000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
133000
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
360806000
CY2017Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
219000
CY2017Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
965000
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
374124000
us-gaap Payments Of Dividends
PaymentsOfDividends
0
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
0
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
0
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-228000
ufi Impact Of Interest Rate Swaps On Interest Expense
ImpactOfInterestRateSwapsOnInterestExpense
-34000
CY2017Q3 ufi Impact Of Interest Rate Swaps On Interest Expense
ImpactOfInterestRateSwapsOnInterestExpense
131000
CY2018Q3 ufi Fair Value Assets And Liabilities Transfers Among Level1 Level2 And Level3 Amount
FairValueAssetsAndLiabilitiesTransfersAmongLevel1Level2AndLevel3Amount
0
CY2017Q3 ufi Fair Value Assets And Liabilities Transfers Among Level1 Level2 And Level3 Amount
FairValueAssetsAndLiabilitiesTransfersAmongLevel1Level2AndLevel3Amount
0
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18368000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18243000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
335000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
328000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18703000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18571000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
116000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
264000
ufi Unconsolidated Entities Number
UnconsolidatedEntitiesNumber
3
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
294388000
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
297281000
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
158354000
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
163117000
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
66594000
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
74748000
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
3389000
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
382740000
CY2018Q2 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
382261000
CY2018Q3 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
42150000
CY2018Q2 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
42316000
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
216267000
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
208484000
us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
5462000
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
14664000
us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
1145000
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
8864000
ufi Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
10522000
CY2017Q3 ufi Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
9647000
ufi Amount Of Cash Received From Government Eap Program
AmountOfCashReceivedFromGovernmentEAPProgram
2318000
CY2017Q3 ufi Amount Of Cash Received From Government Eap Program
AmountOfCashReceivedFromGovernmentEAPProgram
2241000
ufi Amount Of Earnings Recognized From Government Eap Program
AmountOfEarningsRecognizedFromGovernmentEAPProgram
3214000
CY2017Q3 ufi Amount Of Earnings Recognized From Government Eap Program
AmountOfEarningsRecognizedFromGovernmentEAPProgram
3255000
CY2004Q3 ufi The Term Of A Former Ground Lease
TheTermOfAFormerGroundLease
P99Y
ufi Monitoring And Reporting Costs Of An Individual Site Period
MonitoringAndReportingCostsOfAnIndividualSitePeriod
P7Y
CY2018Q3 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
0
CY2018Q2 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
0
CY2018Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1179000
CY2018Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1181000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
5247000
ufi Segment Profit Loss
SegmentProfitLoss
25266000
CY2017Q3 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
4885000
CY2017Q3 ufi Segment Profit Loss
SegmentProfitLoss
28177000
us-gaap Interest Paid Net
InterestPaidNet
1627000
CY2017Q3 us-gaap Interest Paid Net
InterestPaidNet
1048000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-4204000
CY2017Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2450000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
59000
CY2017Q3 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
41000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1607000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3187000
CY2017Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2928000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3234000

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