Note 18 - Computation of Earnings Per Share

3 Months Ended

Sep. 27, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

18. Computation of Earnings Per Share

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

	For the Three Months Ended
	September 27, 2015		September 28, 2014
Basic EPS
Net income attributable to Unifi, Inc.	$	8,025	$	7,077
Weighted average common shares outstanding		17,921		18,289
Basic EPS	$	0.45	$	0.39
Diluted EPS
Net income attributable to Unifi, Inc.	$	8,025	$	7,077
Weighted average common shares outstanding		17,921		18,289
Net potential common share equivalents – stock options and RSUs		629		601
Adjusted weighted average common shares outstanding		18,550		18,890
Diluted EPS	$	0.43	$	0.37
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		155		177
Excluded from the calculation of diluted shares:
Unvested options that vest upon achievement of certain market conditions		—		13

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.