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Other Non-Current Assets (Tables) | 12 Months Ended
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Jul. 03, 2022
Schedule of Other Non-Current Assets | Other non-current assets consists of the following:
|  | July 3, 2022 |  |  | June 27, 2021 |
Intangible assets, net |  | $ | 2,500 |  |  | $ | 3,978 |
Grantor trust |  |  | 2,196 |  |  |  | — |
Investments in unconsolidated affiliates |  |  | 2,072 |  |  |  | 2,159 |
Recovery of non-income taxes, net |  |  | — |  |  |  | 8,063 |
Other |  |  | 2,020 |  |  |  | 425 |
Total other non-current assets |  | $ | 8,788 |  |  | $ | 14,625 |
Components of Intangible Assets, Net | Intangible assets, net consists of the following:
|  | July 3, 2022 |  |  | June 27, 2021 |
Customer lists |  | $ | 5,220 |  |  | $ | 5,220 |
Non-compete agreement |  |  | 1,875 |  |  |  | 1,875 |
Trademarks |  |  | 104 |  |  |  | 411 |
Total intangible assets, gross |  |  | 7,199 |  |  |  | 7,506 |
Accumulated amortization – customer lists |  |  | (3,056 | ) |  |  | (2,049 | )
Accumulated amortization – non-compete agreement |  |  | (1,563 | ) |  |  | (1,188 | )
Accumulated amortization – trademarks |  |  | (80 | ) |  |  | (291 | )
Total accumulated amortization |  |  | (4,699 | ) |  |  | (3,528 | )
Total intangible assets, net |  | $ | 2,500 |  |  | $ | 3,978 |
Amortization Expense for Intangible Assets | Amortization expense for intangible assets consists of the following:
|  | For the Fiscal Year Ended |
|  | July 3, 2022 |  |  | June 27, 2021 |  |  | June 28, 2020 |
Customer lists |  | $ | 1,007 |  |  | $ | 556 |  |  | $ | 326 |
Non-compete agreement |  |  | 375 |  |  |  | 375 |  |  |  | 375 |
Trademarks |  |  | 96 |  |  |  | 147 |  |  |  | 154 |
Total amortization expense |  | $ | 1,478 |  |  | $ | 1,078 |  |  | $ | 855 |
Expected Intangible Asset Amortization | The following table presents the expected intangible asset amortization for the next five fiscal years:
|  | Fiscal 2023 |  |  | Fiscal 2024 |  |  | Fiscal 2025 |  |  | Fiscal 2026 |  |  | Fiscal 2027 |  |  | Thereafter |
Expected amortization |  | $ | 1,291 |  |  | $ | 528 |  |  | $ | 108 |  |  | $ | 108 |  |  | $ | 108 |  |  | $ | 357 |
Schedule of Raw Material Purchases under Supply Agreement | UNIFI’s raw material purchases under this supply agreement consist of the following:
|  | For the Fiscal Year Ended |
|  | July 3, 2022 |  |  | June 27, 2021 |  |  | June 28, 2020 |
UNFA |  | $ | 29,637 |  |  | $ | 18,932 |  |  | $ | 14,583 |
UNF |  |  | 1,175 |  |  |  | 548 |  |  |  | 1,450 |
Total |  | $ | 30,812 |  |  | $ | 19,480 |  |  | $ | 16,033 |
Schedule of Unaudited, Condensed Balance Sheet Information for Unconsolidated Affiliates | Condensed balance sheet and income statement information for UNFs (including reciprocal balances) is presented in the following tables. Fiscal 2020 PAL Investment income statement activity is reported for the ten months of fiscal 2020 ownership ending April 29, 2020.
|  | July 3, 2022 |  |  | June 27, 2021 |
Current assets |  | $ | 10,705 |  |  | $ | 7,931 |
Non-current assets |  |  | 605 |  |  |  | 659 |
Current liabilities |  |  | 8,056 |  |  |  | 3,967 |
Non-current liabilities |  |  | — |  |  |  | — |
Shareholders’ equity and capital accounts |  |  | 3,254 |  |  |  | 4,623 |
UNIFI’s portion of undistributed earnings |  |  | 2,013 |  |  |  | 2,100 |
Income Statement Information [Member] |
Schedule of Unaudited, Condensed Income Statement Information for Unconsolidated Affiliates |
|  | July 3, 2022 |  |  | June 27, 2021 |
Net sales |  | $ | 31,745 |  |  | $ | 19,649 |
Gross profit |  |  | 1,928 |  |  |  | 3,423 |
Income from operations |  |  | 148 |  |  |  | 1,777 |
Net income |  |  | 127 |  |  |  | 1,782 |
Depreciation and amortization |  |  | 121 |  |  |  | 151 |
Distributions received |  |  | 750 |  |  |  | 750 |
|  | For the Fiscal Year Ended June 28, 2020 |
|  | PAL |  |  | UNFs |  |  | Total |
Net sales |  | $ | 544,006 |  |  | $ | 17,068 |  |  | $ | 561,074 |
Gross profit |  |  | 7,592 |  |  |  | 2,056 |  |  |  | 9,648 |
(Loss) income from operations |  |  | (7,484 | ) |  |  | 410 |  |  |  | (7,074 | )
Net (loss) income |  |  | (2,823 | ) |  |  | 497 |  |  |  | (2,326 | )
Depreciation and amortization |  |  | 33,455 |  |  |  | 135 |  |  |  | 33,590 |
Cash received by PAL under cotton rebate program |  |  | 11,186 |  |  |  | — |  |  |  | 11,186 |
Earnings recognized by PAL for cotton rebate program |  |  | 9,697 |  |  |  | — |  |  |  | 9,697 |
Distributions received |  |  | 10,437 |  |  |  | — |  |  |  | 10,437 |

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