Note 22- Other Operating Expense (Income), Net

12 Months Ended

Jun. 24, 2012

Other Operating Income Expense Disclosure [Text Block]

22. Other Operating Expense (Income), Net

The components of Other operating expense (income), net consist of the following:

	For the Fiscal Years Ended
	June 24, 2012			June 26, 2011			June 27, 2010
Operating expenses for Renewables	$	1,633		$	—		$	—
Net loss on sale or disposal of assets		369			368			680
Foreign currency transaction (gains) losses		270			(19	)		(145	)
Restructuring charges, net		71			1,484			739
Impairment of long-lived assets		—			—			100
Gain from sale of nitrogen credits		—			—			(1,400	)
Other, net		(272	)		(228	)		(168	)
Total other operating expense (income), net	$	2,071		$	1,605		$	(194	)

Operating expenses for Renewables include amounts incurred for employee costs, land and equipment rental costs, operating supplies, product testing, administrative costs and depreciation and amortization charges. Certain of Renewables’ land and equipment costs are contracted with an employee of Renewables. Impairment of long-lived assets relates to the Company’s fiscal year 2010 disposal of certain assets in Kinston, North Carolina. Other, net consists primarily of rental income.

The components of restructuring charges, net consist of the following:

	For the Fiscal Years Ended
	June 24, 2012		June 26, 2011			June 27, 2010
Equipment relocation costs	$	—	$	948		$	770
Reinstallation costs		—		628			—
Other		71		(92	)		(31	)
Total restructuring charges, net	$	71	$	1,484		$	739

On January 11, 2010, the Company announced the creation of Unifi Central America, Ltda. de C.V. (“UCA”). With a base of operations established in El Salvador, UCA serves customers primarily in the Central American region. The Company began dismantling and relocating certain polyester equipment from its Yadkinville, North Carolina facility to the region during the third quarter of fiscal year 2010 and completed the startup of the UCA manufacturing facility in the second quarter of fiscal year 2011. The costs incurred for the relocation of equipment to UCA and reinstalling previously idled texturing equipment to replace the manufacturing capacity at the Company’s Yadkinville, North Carolina facility were charged to restructuring expense as incurred.