Note 16 - Computation of Earnings Per Share

6 Months Ended

Dec. 27, 2015

16. 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 2 7 , 201 5		December 28, 2014		December 2 7 , 201 5		December 2 8 , 201 4

Net income attributable to Unifi, Inc.	$	6,464	$	9,418	$	14,489	$	16,495

Basic weighted average shares		17,823		18,180		17,872		18,235
Net potential common share equivalents – stock options and RSUs		634		602		631		600
Diluted weighted average shares		18,457		18,782		18,503		18,835

Excluded from diluted weighted average shares:
Anti-dilutive common share equivalents		143		177		143		177
Unvested market condition stock options		—		10		—		10

The calculation of earnings per 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.