Note 20 - Computation of Earnings Per Share

12 Months Ended

Jun. 28, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

20. Computation of Earnings Per Share

The computation of basic and diluted earnings per share (“EPS”) is as follows:

	For the Fiscal Years Ended
	June 28, 2015		June 29, 2014		June 30, 2013
Basic EPS
Net income attributable to Unifi, Inc.	$	42,151	$	28,823	$	16,635
Weighted average common shares outstanding		18,207		18,919		19,909
Basic EPS	$	2.32	$	1.52	$	0.84
Diluted EPS
Net income attributable to Unifi, Inc.	$	42,151	$	28,823	$	16,635
Weighted average common shares outstanding		18,207		18,919		19,909
Net potential common share equivalents – stock options and RSUs		629		702		796
Adjusted weighted average common shares outstanding		18,836		19,621		20,705
Diluted EPS	$	2.24	$	1.47	$	0.80
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		150		91		210
Excluded from the calculation of diluted shares:
Unvested options that vest upon achievement of certain market conditions		—		13		27

The calculation of earnings per common share is based on the weighted average number of the Company’s common shares outstanding for the applicable period. The calculation of diluted earnings per common share 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.