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Earnings Per Share
6 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

10. Earnings Per Share

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

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

December 31, 2023

 

 

January 1, 2023

 

 

December 31, 2023

 

 

January 1, 2023

 

Net loss

 

$

(19,846

)

 

$

(18,037

)

 

$

(33,116

)

 

$

(25,871

)

Basic weighted average shares

 

 

18,110

 

 

 

18,034

 

 

 

18,097

 

 

 

18,017

 

Net potential common share equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares

 

 

18,110

 

 

 

18,034

 

 

 

18,097

 

 

 

18,017

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

577

 

 

 

739

 

 

 

577

 

 

 

703

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain market conditions

 

 

333

 

 

 

333

 

 

 

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.