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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 27, 2015
Dec. 28, 2014
Dec. 27, 2015
Dec. 28, 2014
Net sales $ 156,336 $ 164,422 $ 318,501 $ 339,983
Cost of sales 134,523 141,493 275,704 296,604
Gross profit 21,813 22,929 42,797 43,379
Selling, general and administrative expenses 12,419 12,971 23,249 24,620
Provision for bad debts 559 62 1,172 646
Other operating expense (income), net 206 (38) 60 562
Operating income 8,629 9,934 18,316 17,551
Interest income (166) (309) (329) (626)
Interest expense 816 1,209 1,800 2,028
Equity in earnings of unconsolidated affiliates (303) (3,281) (3,163) (7,002)
Income before income taxes 8,282 12,315 20,008 23,151
Provision for income taxes 2,088 3,193 6,028 7,354
Net income including non-controlling interest 6,194 9,122 13,980 15,797
Less: net (loss) attributable to non-controlling interest (270) (296) (509) (698)
Net income attributable to Unifi, Inc. $ 6,464 $ 9,418 $ 14,489 $ 16,495
Net income attributable to Unifi, Inc. per common share:        
Basic (in dollars per share) $ 0.36 $ 0.52 $ 0.81 $ 0.90
Diluted (in dollars per share) $ 0.35 $ 0.50 $ 0.78 $ 0.88