XML 24 R18.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Earnings Per Share
9 Months Ended
Mar. 31, 2024
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 Nine Months Ended

 

 

 

March 31, 2024

 

 

April 2, 2023

 

 

March 31, 2024

 

 

April 2, 2023

 

Net loss

 

$

(10,295

)

 

$

(5,184

)

 

$

(43,411

)

 

$

(31,055

)

Basic weighted average shares

 

 

18,169

 

 

 

18,052

 

 

 

18,121

 

 

 

18,029

 

Net potential common share equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares

 

 

18,169

 

 

 

18,052

 

 

 

18,121

 

 

 

18,029

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

561

 

 

 

 

 

 

574

 

 

 

 

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.