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Inventories

12 Months Ended

Jul. 02, 2023

Inventory Disclosure [Abstract]

Inventories

7. Inventories

Inventories consists of the following:

		July 2, 2023				July 3, 2022
Raw materials		$	59,983			$	69,994
Supplies			11,787				11,953
Work in process			6,633				10,358
Finished goods			78,032				84,477
Gross inventories			156,435				176,782
Net realizable value adjustment			(5,625	)			(3,487	)
Total inventories		$	150,810			$	173,295

The cost for the majority of UNIFI’s inventories is determined using the first-in, first-out method. Certain foreign inventories and limited categories of supplies of $58,490 and $53,793 as of July 2, 2023 and July 3, 2022, respectively, were valued under the average cost method.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

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