Earnings Per Share

3 Months Ended

Oct. 01, 2023

10. Earnings Per Share

The components of the calculation of earnings per share (“EPS”) are as follows:


	For the Three Months Ended
	October 1, 2023			October 2, 2022
Net loss	$	(13,270	)	$	(7,834	)
Basic weighted average shares		18,084			18,001
Net potential common share equivalents		—			—
Diluted weighted average shares		18,084			18,001
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		590			618
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain market conditions		333			333

The calculation of EPS is based on the weighted average number of Unifi, Inc.’s common shares outstanding for the applicable period. The calculation of diluted EPS presents the effect of all potential dilutive common shares that were outstanding during the respective period, unless the effect of doing so is anti-dilutive.