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Note 27 - Quarterly Results (Unaudited) | 12 Months Ended
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Jun. 28, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information [Text Block] | 27. Quarterly Results (Unaudited) Quarterly financial data and selected highlights are as follows:
|  | For the Fiscal Quarters Ended |
|  | September 28, 2014 |  |  | December 28, 2014 |  |  | March 29, 2015 |  |  | June 28, 2015 |
Net sales (1) |  | $ | 175,561 |  |  | $ | 164,422 |  |  | $ | 172,187 |  |  | $ | 174,951 |
Gross profit (1) |  |  | 20,450 |  |  |  | 22,929 |  |  |  | 22,007 |  |  |  | 25,319 |
Net income including non-controlling interest |  |  | 6,675 |  |  |  | 9,122 |  |  |  | 9,759 |  |  |  | 14,910 |
Less: net (loss) attributable to non-controlling interest |  |  | (402 | ) |  |  | (296 | ) |  |  | (257 | ) |  |  | (730 | )
Net income attributable to Unifi, Inc (2). |  | $ | 7,077 |  |  | $ | 9,418 |  |  | $ | 10,016 |  |  | $ | 15,640 |
Net income attributable to Unifi, Inc. per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (3) |  | $ | 0.39 |  |  | $ | 0.52 |  |  | $ | 0.55 |  |  | $ | 0.86 |
Diluted (3) |  | $ | 0.37 |  |  | $ | 0.50 |  |  | $ | 0.53 |  |  | $ | 0.83 |
|  | For the Fiscal Quarters Ended |
|  | September 29, 2013 |  |  | December 29, 2013 |  |  | March 30, 2014 |  |  | June 29, 2014 |
Net sales |  | $ | 168,669 |  |  | $ | 160,617 |  |  | $ | 176,864 |  |  | $ | 181,752 |
Gross profit |  |  | 19,985 |  |  |  | 18,497 |  |  |  | 19,759 |  |  |  | 25,021 |
Net income including non-controlling interest |  |  | 8,619 |  |  |  | 6,211 |  |  |  | 4,454 |  |  |  | 8,436 |
Less: net (loss) attributable to non-controlling interest |  |  | (251 | ) |  |  | (232 | ) |  |  | (289 | ) |  |  | (331 | )
Net income attributable to Unifi, Inc. |  | $ | 8,870 |  |  | $ | 6,443 |  |  | $ | 4,743 |  |  | $ | 8,767 |
Net income attributable to Unifi, Inc. per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (3) |  | $ | 0.46 |  |  | $ | 0.34 |  |  | $ | 0.25 |  |  | $ | 0.48 |
Diluted (3) |  | $ | 0.44 |  |  | $ | 0.32 |  |  | $ | 0.24 |  |  | $ | 0.46 |
| (1) | Net sales and gross profit for the fiscal quarters ended September 28, 2014, December 28, 2014 and March 29, 2015 have been revised to reflect revenues presented for All Other (as described in more detail in “Note 26. Business Segment Information”). Such income had been previously recorded as an offset to cost of sales or other operating expense due to the insignificance of the underlying business activities to the consolidated financial statements.
| (2) | Net income attributable to Unifi, Inc. for the quarter ended September 28, 2014 includes a bargain purchase gain recorded by PAL (of which $729 is recognized by the Company).
Net income attributable to Unifi, Inc. for the quarter ended December 28, 2014 includes a net change in deferred tax valuation allowances of $630 recorded as a benefit to the income tax provision. Net income attributable to Unifi, Inc. for the quarter ended March 29, 2015 includes the following:
| a. | a net change in deferred tax valuation allowances of $924 recorded as a benefit to the income tax provision,
| b. | renewable energy tax credits of $782 recorded as a benefit to the income tax provision and
| c. | an after-tax loss on extinguishment of debt of approximately $676.
Net income attributable to Unifi, Inc. for the quarter ended June 28, 2015 includes the following:
| a. | a net change in deferred tax valuation allowances of $1,749 recorded as a benefit to the income tax provision,
| b. | a change of $7,822 in the deferred tax liability related to the Company’s indefinite reinvestment assertion,
| c. | the reversal of a $3,008 deferred tax asset related to certain intercompany foreign currency transactions which originated in prior years and were settled in the fourth quarter of fiscal year 2015,
| d. | a net change in uncertain tax positions of $3,046 recorded to provision for income taxes and
| e. | a bargain purchase gain recorded by PAL (of which $1,962 is recognized by the Company).
| (3) | Income per share is computed independently for each of the periods presented. The sum of the income per share amounts for the quarters may not equal the total for the year.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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