XML 104 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 17 - Defined Contribution Plan
12 Months Ended
Jun. 24, 2012
Pension and Other Postretirement Benefits Disclosure [Text Block]
17. Defined Contribution Plan

The Company matches employee contributions made to the Unifi, Inc. Retirement Savings Plan (the “DC Plan”), an existing 401(k) defined contribution plan, which covers eligible domestic salary and hourly employees. Under the terms of the DC Plan, the Company matches 100% of the first three percent of eligible employee contributions and 50% of the next two percent of eligible contributions.  In March 2009, the Company suspended its match due to economic conditions and in January 2010, the Company reinstated its matching contributions.

The following table presents the employer contribution expense related to the DC Plan incurred each year:

   
For the Fiscal Years Ended
 
   
June 24, 2012
   
June 26, 2011
   
June 27, 2010
 
Matching contribution expense
  $ 2,012     $ 2,100     $ 895