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v3.22.2.2

Long-Term Debt (Tables) | 12 Months Ended
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Jul. 03, 2022
Debt Disclosure [Abstract] |
Long-Term Debt Components | 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 |  | July 3, 2022 |  | July 3, 2022 |  |  | June 27, 2021 |
ABL Revolver |  | December 2023 |  | 3.2% |  |  | $ | 41,300 |  |  | $ | — |
ABL Term Loan |  | December 2023 |  | 3.2% |  |  |  | 65,000 |  |  |  | 77,500 |
Finance lease obligations |  | (1) |  | 3.6% |  |  |  | 7,261 |  |  |  | 8,475 |
Construction financing |  | (2) |  | 1.9% |  |  |  | 729 |  |  |  | 882 |
Total debt |  |  |  |  |  |  |  | 114,290 |  |  |  | 86,857 |
Current ABL Term Loan |  |  |  |  |  |  |  | (10,000 | ) |  |  | (12,500 | )
Current portion of finance lease obligations |  |  |  |  |  |  |  | (1,726 | ) |  |  | (3,545 | )
Unamortized debt issuance costs |  |  |  |  |  |  |  | (255 | ) |  |  | (476 | )
Total long-term debt |  |  |  |  |  |  | $ | 102,309 |  |  | $ | 70,336 |
(1) | Scheduled maturity dates for finance lease obligations range from March 2025 to November 2027.
(2) | Refer to the discussion below under the subheading “Construction Financing” for further information.
Scheduled Maturities of Outstanding Debt Obligations | The following table presents the scheduled maturities of UNIFI’s outstanding debt obligations for the following five fiscal years and thereafter.
|  | Fiscal 2023 |  |  | Fiscal 2024 |  |  | Fiscal 2025 |  |  | Fiscal 2026 |  |  | Fiscal 2027 |  |  | Thereafter |
ABL Revolver |  | $ | — |  |  | $ | 41,300 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
ABL Term Loan |  |  | 10,000 |  |  |  | 55,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Finance lease obligations |  |  | 1,726 |  |  |  | 1,787 |  |  |  | 1,699 |  |  |  | 1,255 |  |  |  | 732 |  |  |  | 62 |
Total (1) |  | $ | 11,726 |  |  | $ | 98,087 |  |  | $ | 1,699 |  |  | $ | 1,255 |  |  | $ | 732 |  |  | $ | 62 |
| (1) | Total reported excludes $729 for construction financing, described above.

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