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Shareholders' Equity | 6 Months Ended
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Dec. 29, 2019
Stockholders Equity Note [Abstract] |
Shareholders' Equity | 14. Shareholders’ Equity Shareholders’ equity for the three months ended December 29, 2019 was as follows:
|  | Shares |  |  | Common Stock |  |  | Capital in Excess of Par Value |  |  | Retained Earnings |  |  | Accumulated Other Comprehensive Loss |  |  | Total Shareholders’ Equity |
Balance at September 29, 2019 |  |  | 18,490 |  |  | $ | 1,849 |  |  | $ | 59,663 |  |  | $ | 378,380 |  |  | $ | (49,885 | ) |  | $ | 390,007 |
Options exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Conversion of restricted stock units |  |  | 16 |  |  |  | 2 |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based compensation |  |  | 4 |  |  |  | 1 |  |  |  | 1,581 |  |  |  | — |  |  |  | — |  |  |  | 1,582 |
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions |  |  | (5 | ) |  |  | (1 | ) |  |  | (55 | ) |  |  | — |  |  |  | — |  |  |  | (56 | )
Other comprehensive income, net of tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,537 |  |  |  | 3,537 |
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 409 |  |  |  | — |  |  |  | 409 |
Balance at December 29, 2019 |  |  | 18,505 |  |  | $ | 1,851 |  |  | $ | 61,187 |  |  | $ | 378,789 |  |  | $ | (46,348 | ) |  | $ | 395,479 |
Shareholders’ equity for the six months ended December 29, 2019 was as follows:
|  | Shares |  |  | Common Stock |  |  | Capital in Excess of Par Value |  |  | Retained Earnings |  |  | Accumulated Other Comprehensive Loss |  |  | Total Shareholders’ Equity |
Balance at June 30, 2019 |  |  | 18,462 |  |  | $ | 1,846 |  |  | $ | 59,560 |  |  | $ | 374,668 |  |  | $ | (43,229 | ) |  | $ | 392,845 |
Options exercised |  |  | 10 |  |  |  | 1 |  |  |  | 28 |  |  |  | — |  |  |  | — |  |  |  | 29 |
Conversion of restricted stock units |  |  | 34 |  |  |  | 4 |  |  |  | (4 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based compensation |  |  | 4 |  |  |  | 1 |  |  |  | 1,702 |  |  |  | — |  |  |  | — |  |  |  | 1,703 |
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions |  |  | (5 | ) |  |  | (1 | ) |  |  | (99 | ) |  |  | — |  |  |  | — |  |  |  | (100 | )
Other comprehensive loss, net of tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,119 | ) |  |  | (3,119 | )
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,121 |  |  |  | — |  |  |  | 4,121 |
Balance at December 29, 2019 |  |  | 18,505 |  |  | $ | 1,851 |  |  | $ | 61,187 |  |  | $ | 378,789 |  |  | $ | (46,348 | ) |  | $ | 395,479 |
Shareholders’ equity for the three months ended December 30, 2018 was as follows:
|  | Shares |  |  | Common Stock |  |  | Capital in Excess of Par Value |  |  | Retained Earnings |  |  | Accumulated Other Comprehensive Loss |  |  | Total Shareholders’ Equity |
Balance at September 30, 2018 |  |  | 18,380 |  |  | $ | 1,838 |  |  | $ | 57,706 |  |  | $ | 374,024 |  |  | $ | (43,455 | ) |  | $ | 390,113 |
Conversion of restricted stock units |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Stock-based compensation |  |  | — |  |  |  | — |  |  |  | 1,913 |  |  |  | — |  |  |  | — |  |  |  | 1,913 |
Other comprehensive income, net of tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 730 |  |  |  | 730 |
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,171 |  |  |  | — |  |  |  | 1,171 |
Balance at December 30, 2018 |  |  | 18,383 |  |  | $ | 1,838 |  |  | $ | 59,619 |  |  | $ | 375,195 |  |  | $ | (42,725 | ) |  | $ | 393,927 |
Shareholders’ equity for the six months ended December 30, 2018 was as follows:
|  | Shares |  |  | Common Stock |  |  | Capital in Excess of Par Value |  |  | Retained Earnings |  |  | Accumulated Other Comprehensive Loss |  |  | Total Shareholders’ Equity |
Balance at June 24, 2018 |  |  | 18,353 |  |  | $ | 1,835 |  |  | $ | 56,726 |  |  | $ | 371,753 |  |  | $ | (40,533 | ) |  | $ | 389,781 |
Options exercised |  |  | 16 |  |  |  | 2 |  |  |  | 242 |  |  |  | — |  |  |  | — |  |  |  | 244 |
Conversion of restricted stock units |  |  | 17 |  |  |  | 1 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based compensation |  |  | 1 |  |  |  | — |  |  |  | 2,785 |  |  |  | — |  |  |  | — |  |  |  | 2,785 |
Common stock withheld in satisfaction of tax withholding obligations under net share settle transactions |  |  | (4 | ) |  |  | — |  |  |  | (133 | ) |  |  | — |  |  |  | — |  |  |  | (133 | )
Other comprehensive loss, net of tax |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2,192 | ) |  |  | (2,192 | )
Adoption of the new revenue recognition guidance |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 459 |  |  |  | — |  |  |  | 459 |
Net income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,983 |  |  |  | — |  |  |  | 2,983 |
Balance at December 30, 2018 |  |  | 18,383 |  |  | $ | 1,838 |  |  | $ | 59,619 |  |  | $ | 375,195 |  |  | $ | (42,725 | ) |  | $ | 393,927 |
No dividends were paid during the six months ended December 29, 2019 or in the two most recently completed fiscal years. Share Repurchase Program On April 23, 2014, UNIFI announced that its Board of Directors (the “Board”) had approved a share repurchase program (the “2014 SRP”) under which UNIFI was authorized to acquire up to $50,000 of its common stock. Through October 31, 2018 (the date the 2014 SRP was terminated, as noted below), UNIFI had repurchased a total of 806 shares, at an average price of $27.79 (for a total of $22,409, inclusive of commission costs) pursuant to the 2014 SRP. On October 31, 2018, UNIFI announced that the Board had terminated the 2014 SRP and approved a new share repurchase program (the “2018 SRP”) under which UNIFI is authorized to acquire up to $50,000 of its common stock. Under the 2018 SRP, purchases will be made from time to time in the open market at prevailing market prices or through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The share repurchase authorization is discretionary and has no expiration date. UNIFI made no repurchases of its shares of common stock during the six months ended December 29, 2019. As of December 29, 2019, $50,000 remained available for repurchase under the 2018 SRP.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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