Unifi, Inc. (UFI) financial statements (2021 and earlier)
Company profile
| Business Address |
7201 WEST FRIENDLY RD GREENSBORO, NC 27419-9109 |
| State of Incorp. | NY |
| Fiscal Year End | June 30 |
| SIC | 22 - Textile Mill Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 37 | 22 | 45 | 35 | 17 | 10 | 16 | ||
| Cash and cash equivalents | 37 | 22 | 45 | 35 | 17 | 10 | 16 | ||
| Restricted cash and investments | 0 | ||||||||
| Receivables | 78 | 89 | 86 | 81 | 83 | 84 | 94 | ||
| Inventory, net of allowances, customer advances and progress billings | 134 | 134 | 126 | 111 | 104 | 112 | 113 | ||
| Inventory | 134 | 134 | 126 | 111 | 104 | 112 | 113 | ||
| Prepaid expense | 2 | 2 | |||||||
| Deposits current assets | 2 | 2 | |||||||
| Other current assets | 18 | 16 | 7 | 6 | 5 | 6 | 6 | ||
| Other undisclosed current assets | 5 | 4 | 10 | 9 | 4 | 0 | (3) | ||
| Total current assets: | 272 | 266 | 274 | 244 | 212 | 215 | 231 | ||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 3 | ||||||||
| Operating lease, right-of-use asset | 7 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 209 | 207 | 206 | 203 | 185 | 136 | 124 | ||
| Long-term investments and receivables | 102 | 114 | 113 | 120 | 117 | 114 | 99 | ||
| Long-term investments | 102 | 114 | 113 | 120 | 117 | 114 | 99 | ||
| Intangible assets, net (including goodwill) | 2 | 3 | 2 | 4 | 5 | 7 | |||
| Intangible assets, net (excluding goodwill) | 2 | 3 | 2 | 4 | 5 | 7 | |||
| Regulated entity, other noncurrent assets | 1 | 1 | 1 | 1 | |||||
| Deposits noncurrent assets | 0 | ||||||||
| Deferred costs | 2 | 2 | |||||||
| Other noncurrent assets | 2 | 1 | 3 | 1 | 6 | 4 | 5 | ||
| Other undisclosed noncurrent assets | 2 | 2 | 3 | 1 | 2 | (0) | (3) | ||
| Total noncurrent assets: | 323 | 327 | 328 | 328 | 315 | 261 | 238 | ||
| TOTAL ASSETS: | 595 | 592 | 602 | 572 | 527 | 476 | 469 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 52 | 59 | 68 | 59 | 62 | 74 | 86 | ||
| Accounts payable | 36 | 42 | 49 | 41 | 42 | 45 | 51 | ||
| Accrued liabilities | 16 | 17 | 18 | 16 | 18 | 17 | 19 | ||
| Employee-related liabilities | 11 | 12 | |||||||
| Taxes payable | 1 | 1 | 1 | 1 | 1 | 1 | 4 | ||
| Interest and dividends payable | 0 | ||||||||
| Debt | 15 | 16 | 17 | 17 | 14 | 12 | 7 | ||
| Postemployment benefits liability | 0 | ||||||||
| Business combination, contingent consideration, liability | 1 | ✕ | |||||||
| Other undisclosed current liabilities | 2 | (13) | (13) | ||||||
| Total current liabilities: | 69 | 75 | 85 | 76 | 75 | 75 | 80 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 114 | 112 | 114 | 111 | 109 | 92 | 92 | ||
| Finance lease, liability | 10 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | 6 | 11 | 18 | 12 | 12 | |||
| Operating lease, liability | 5 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 99 | 106 | 102 | 93 | 98 | 79 | 92 | ||
| Liabilities, other than long-term debt | 6 | 13 | 13 | 23 | 15 | 15 | 10 | ||
| Accounts payable and accrued liabilities | 0 | ||||||||
| Deferred tax liabilities, net | ✕ | 7 | 8 | 11 | 5 | 0 | 2 | ||
| Liability for uncertainty in income taxes | 4 | ||||||||
| Other liabilities | 6 | 6 | 5 | 12 | 10 | 11 | 8 | ||
| Derivative instruments and hedges, liabilities | 0 | 0 | |||||||
| Other undisclosed noncurrent liabilities | 11 | (4) | (0) | ||||||
| Total noncurrent liabilities: | 131 | 125 | 127 | 135 | 125 | 103 | 102 | ||
| Total liabilities: | 200 | 199 | 212 | 211 | 200 | 177 | 182 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 395 | 393 | 390 | 361 | 325 | 297 | 285 | ||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Additional paid in capital | 61 | 60 | 57 | 52 | 46 | 44 | 42 | ||
| Accumulated other comprehensive loss | (46) | (43) | (41) | (33) | (30) | (27) | (5) | ||
| Retained earnings | 379 | 375 | 372 | 340 | 307 | 278 | 246 | ||
| Stockholders' equity attributable to noncontrolling interest | 2 | 2 | 2 | ||||||
| Total stockholders' equity: | 395 | 393 | 390 | 361 | 327 | 299 | 287 | ||
| TOTAL LIABILITIES AND EQUITY: | 595 | 592 | 602 | 572 | 527 | 476 | 469 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 709 | 709 | 679 | 647 | 644 | 687 | 688 | |
| Revenue, net | ✕ | ✕ | 647 | 644 | 687 | 688 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (644) | (642) | (592) | (553) | (550) | (614) | (623) | |
| Other undisclosed gross profit | 18 | 18 | ||||||
| Gross profit: | 65 | 66 | 86 | 94 | 94 | 91 | 83 | |
| Operating expenses | (47) | (53) | (56) | (51) | (49) | (63) | (63) | |
| Other operating income (expense), net | (3) | (2) | (2) | 0 | (2) | (2) | (5) | |
| Other undisclosed operating income | 12 | 17 | ||||||
| Operating income: | 15 | 11 | 29 | 44 | 42 | 38 | 31 | |
| Nonoperating income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Investment income, nonoperating | 1 | 1 | 1 | 1 | 1 | 1 | 2 | |
| Foreign currency transaction loss, before tax | (0) | (1) | ||||||
| Interest and debt expense | (5) | (6) | (5) | (4) | (4) | (5) | (4) | |
| Income from continuing operations before equity method investments, income taxes: | 11 | 6 | 24 | 41 | 39 | 34 | 28 | |
| Income from equity method investments | 1 | 4 | 6 | 4 | 9 | 19 | 19 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (2) | 0 | 1 | |||||
| Income from continuing operations before income taxes: | 12 | 10 | 30 | 43 | 48 | 54 | 48 | |
| Income tax expense (benefit) | (8) | (8) | 1 | (11) | (15) | (13) | (20) | |
| Net income: | 4 | 2 | 32 | 32 | 33 | 40 | 28 | |
| Net income attributable to noncontrolling interest | 0 | 1 | 2 | 1 | ||||
| Net income available to common stockholders, diluted: | 4 | 2 | 32 | 33 | 34 | 42 | 29 | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 4 | 2 | 32 | 32 | 33 | 40 | 28 | |
| Other comprehensive income (loss) | (4) | (3) | (8) | (3) | (3) | (22) | 1 | |
| Comprehensive income (loss): | (0) | (0) | 24 | 29 | 30 | 18 | 29 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | 1 | 2 | 1 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (0) | (0) | 24 | 30 | 32 | 20 | 30 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.