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Stock-Based Compensation (Tables)

12 Months Ended

Jun. 28, 2020

Summary of Number of Securities Remaining Available for Future Issuance

The following table provides information as of June 28, 2020 with respect to the number of securities remaining available for future issuance under the Amended 2013 Plan:

Authorized under the Amended 2013 Plan	1,250
Plus: Awards expired, forfeited or otherwise terminated unexercised	158
Less: Awards granted to employees	(1,069	)
Less: Awards granted to non-employee directors	(117	)
Available for issuance under the Amended 2013 Plan	222

Stock Option Valuation Assumptions

Of the 676 stock options granted during fiscal 2020, 343 used the Black-Scholes model. For each of fiscal 2020, 2019 and 2018, the Black-Scholes model used the following weighted average assumptions:

	For the Fiscal Year Ended
	June 28, 2020			June 30, 2019			June 24, 2018
Expected term (years)		5.5			5.5			5.2
Risk-free interest rate		0.7	%		2.9	%		2.0	%
Volatility		43.2	%		32.6	%		34.3	%
Dividend yield		—			—			—

Summary of Stock Option Activity

A summary of stock option activity for fiscal 2020 is as follows:

	Stock Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding at June 30, 2019		377		$	24.88
Granted		676		$	13.48
Exercised		(12	)	$	5.73
Cancelled or forfeited		(33	)	$	27.45
Expired		(5	)	$	32.56
Outstanding at June 28, 2020		1,003		$	17.29		8.5	$	—
Vested and expected to vest as of June 28, 2020		1,003		$	17.29		8.5	$	—
Exercisable at June 28, 2020		374		$	18.89		6.1	$	—

Summary of RSU and VSU Activity

A summary of RSU and VSU activity for fiscal 2020 is as follows:

	Non-vested			Weighted Average Grant Date Fair Value		Vested			Total			Weighted Average Grant Date Fair Value
Outstanding at June 30, 2019		113		$	27.50		192			305		$	25.61
Granted		151		$	20.91		—			151		$	20.91
Vested		(104	)	$	27.61		104			—		$	27.61
Converted		—		$	—		(77	)		(77	)	$	27.68
Cancelled or forfeited		(18	)	$	28.31		—			(18	)	$	28.31
Outstanding at June 28, 2020		142		$	20.31		219			361		$	23.08

Stock Based Compensation Total Cost Charged Against Income

The total cost charged against income related to all stock-based compensation arrangements was as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Stock options	$	1,265	$	671	$	884
RSUs and VSUs		2,245		1,977		4,042
Total compensation cost	$	3,510	$	2,648	$	4,926

Black-Scholes Model [Member]

Stock Option Valuation Assumptions

In addition to the above fiscal 2020 grant, a summary of UNIFI’s stock options granted to key employees and valued under the Black-Scholes model is as follows:

	For the Fiscal Year Ended
	June 28, 2020		June 30, 2019		June 24, 2018
Quantity		143		190		73
Service Period (years)		3.0		3.0		3.0
Weighted Average Exercise Price	$	19.95	$	23.73	$	32.61
Weighted Average Grant Date Fair Value	$	7.33	$	8.42	$	11.14