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v3.22.2.2

Long-Term Debt (Tables) | 3 Months Ended
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Oct. 02, 2022
Debt Disclosure [Abstract] |
Long-Term Debt Components | The following table and narrative presents the detail of UNIFI’s debt obligations.
|  |  |  | Weighted Average |  |  |
|  | Scheduled |  | Interest Rate as of |  | Principal Amounts as of |
|  | Maturity Date |  | October 2, 2022 |  | October 2, 2022 |  |  | July 3, 2022 |
ABL Revolver |  | December 2023 |  |  | 4.5 | % |  |  | $ | 54,500 |  |  | $ | 41,300 |
ABL Term Loan |  | December 2023 |  |  | 4.1 | % |  |  |  | 62,500 |  |  |  | 65,000 |
Finance lease obligations |  | (1) |  |  | 3.6 | % |  |  |  | 7,554 |  |  |  | 7,261 |
Construction financing |  | (2) |  |  | 1.8 | % |  |  |  | 2,450 |  |  |  | 729 |
Total debt |  |  |  |  |  |  |  |  |  | 127,004 |  |  |  | 114,290 |
Current ABL Term Loan |  |  |  |  |  |  |  |  |  | (10,000 | ) |  |  | (10,000 | )
Current portion of finance lease obligations |  |  |  |  |  |  |  |  |  | (1,875 | ) |  |  | (1,726 | )
Unamortized debt issuance costs |  |  |  |  |  |  |  |  |  | (210 | ) |  |  | (255 | )
Total long-term debt |  |  |  |  |  |  |  |  | $ | 114,919 |  |  | $ | 102,309 |
(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:
|  | Fiscal 2023 |  |  | Fiscal 2024 |  |  | Fiscal 2025 |  |  | Fiscal 2026 |  |  | Fiscal 2027 |  |  | Thereafter |
ABL Revolver |  | $ | — |  |  | $ | 54,500 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
ABL Term Loan |  |  | 7,500 |  |  |  | 55,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Finance lease obligations |  |  | 1,400 |  |  |  | 1,926 |  |  |  | 1,843 |  |  |  | 1,406 |  |  |  | 890 |  |  |  | 89 |
Total (1) |  | $ | 8,900 |  |  | $ | 111,426 |  |  | $ | 1,843 |  |  | $ | 1,406 |  |  | $ | 890 |  |  | $ | 89 |
| (1) | Total reported excludes $2,450 of construction financing, described above.

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