XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Long-Term Debt | 3 Months Ended
--- | ---
Sep. 30, 2018
Debt Disclosure [Abstract] |
Long-Term Debt | 10. Long-Term Debt Debt Obligations The following table presents the total balances outstanding for UNIFI’s debt obligations, their scheduled maturity dates and the weighted average interest rates for borrowings as well as the applicable current portion of long-term debt:
|  |  |  | Weighted Average |  |  |  |
|  | Scheduled |  | Interest Rate as of |  |  | Principal Amounts as of |
|  | Maturity Date |  | September 30, 2018 |  |  | September 30, 2018 |  |  | June 24, 2018 |
ABL Revolver |  | March 2020 |  | 4.0% |  |  | $ | 42,200 |  |  | $ | 28,100 |
ABL Term Loan (1) |  | March 2020 |  | 3.7% |  |  |  | 82,500 |  |  |  | 85,000 |
Capital lease obligations |  | (2) |  | 3.8% |  |  |  | 16,317 |  |  |  | 18,107 |
Total debt |  |  |  |  |  |  |  |  | 141,017 |  |  |  | 131,207 |
Current portion of capital lease obligations |  |  |  |  |  |  |  |  | (6,814 | ) |  |  | (6,996 | )
Current portion of other long-term debt |  |  |  |  |  |  |  |  | (10,000 | ) |  |  | (10,000 | )
Unamortized debt issuance costs |  |  |  |  |  |  |  |  | (570 | ) |  |  | (658 | )
Total long-term debt |  |  |  |  |  |  |  | $ | 123,633 |  |  | $ | 113,553 |
(1) | Includes the effects of interest rate swaps.
(2) | Scheduled maturity dates for capital lease obligations range from January 2019 to November 2027.
ABL Facility On March 26, 2015, Unifi, Inc. and its subsidiary, Unifi Manufacturing, Inc., entered into an Amended and Restated Credit Agreement for a $200,000 senior secured credit facility (the “ABL Facility”) with a syndicate of lenders. The ABL Facility consists of a $100,000 revolving credit facility (the “ABL Revolver”) and a term loan that can be reset up to a maximum amount of $100,000, once per fiscal year, if certain conditions are met (the “ABL Term Loan”). The ABL Facility has a maturity date of March 26, 2020. Scheduled Debt Maturities The following table presents the scheduled maturities of UNIFI’s outstanding debt obligations for the remainder of fiscal 2019, the following four fiscal years and thereafter:
|  | Fiscal 2019 |  |  | Fiscal 2020 |  |  | Fiscal 2021 |  |  | Fiscal 2022 |  |  | Fiscal 2023 |  |  | Thereafter |
ABL Revolver |  | $ | — |  |  | $ | 42,200 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
ABL Term Loan |  |  | 7,500 |  |  |  | 75,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Capital lease obligations |  |  | 5,206 |  |  |  | 5,519 |  |  |  | 2,624 |  |  |  | 2,417 |  |  |  | 91 |  |  |  | 460 |
Total |  | $ | 12,706 |  |  | $ | 122,719 |  |  | $ | 2,624 |  |  | $ | 2,417 |  |  | $ | 91 |  |  | $ | 460 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration