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v3.20.2

Other Current Assets | 12 Months Ended
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Jun. 28, 2020
Other Assets Current [Abstract] |
Other Current Assets | 8. Other Current Assets Other current assets consists of the following:
|  | June 28, 2020 |  |  | June 30, 2019 |
Contract assets |  | $ | 4,953 |  |  | $ | 7,794 |
Value-added taxes receivable |  |  | 2,604 |  |  |  | 2,519 |
Vendor deposits |  |  | 2,349 |  |  |  | 4,187 |
Prepaid expenses |  |  | 1,857 |  |  |  | 1,856 |
Total other current assets |  | $ | 11,763 |  |  | $ | 16,356 |
Contract assets represents the estimated revenue attributable to UNIFI in connection with completed performance obligations under contracts with customers for which revenue is recognized over time. The contract assets are classified to receivables when the right to payment becomes unconditional. Value-added taxes receivable relates to recoverable taxes associated with the sales and purchase activities of UNIFI’s foreign operations. Vendor deposits primarily relates to down payments made toward the purchase of inventory. Prepaid expenses consists of advance payments for routine operating expenses.

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- Definition The entire disclosure for other current assets. + References No definition available. + Details
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