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Quarterly Results (Unaudited)
 12 Months Ended
Jun. 25, 2017
Quarterly Financial Data [Abstract]  
Quarterly Results (Unaudited)

26. Quarterly Results (Unaudited)

Quarterly financial data and selected highlights are as follows:

 

 

 

For the Fiscal Quarters Ended

 

 

 

September 25, 2016

 

 

December 25, 2016

 

 

March 26, 2017

 

 

June 25,  2017

 

Net sales

 

$

159,969

 

 

$

155,155

 

 

$

160,896

 

 

$

171,250

 

Gross profit

 

 

23,547

 

 

 

22,130

 

 

 

21,130

 

 

 

27,357

 

Net income including non-controlling interest

 

 

9,142

 

 

 

4,354

 

 

 

9,177

 

 

 

9,704

 

Less: net loss attributable to non-controlling interest

 

 

(261

)

 

 

(237

)

 

 

—

 

 

 

—

 

Net income attributable to Unifi, Inc. (1)  (2)  (3)

 

$

9,403

 

 

$

4,591

 

 

$

9,177

 

 

$

9,704

 

Net income attributable to Unifi, Inc. per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (4)

 

$

0.52

 

 

$

0.25

 

 

$

0.50

 

 

$

0.53

 

Diluted (4)

 

$

0.51

 

 

$

0.25

 

 

$

0.50

 

 

$

0.52

 

 

 

 

For the Fiscal Quarters Ended

 

 

 

September 27, 2015

 

 

December 27, 2015

 

 

March 27, 2016

 

 

June 26,  2016

 

Net sales

 

$

162,165

 

 

$

156,336

 

 

$

161,278

 

 

$

163,858

 

Gross profit

 

 

20,984

 

 

 

21,813

 

 

 

23,364

 

 

 

27,471

 

Net income including non-controlling interest

 

 

7,786

 

 

 

6,194

 

 

 

9,275

 

 

 

9,915

 

Less: net loss attributable to non-controlling interest

 

 

(239

)

 

 

(270

)

 

 

(414

)

 

 

(322

)

Net income attributable to Unifi, Inc. (5)

 

$

8,025

 

 

$

6,464

 

 

$

9,689

 

 

$

10,237

 

Net income attributable to Unifi, Inc. per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (4)

 

$

0.45

 

 

$

0.36

 

 

$

0.54

 

 

$

0.57

 

Diluted (4)

 

$

0.43

 

 

$

0.35

 

 

$

0.53

 

 

$

0.56

 

 

(1)

Net income attributable to Unifi, Inc. for the quarter ended December 25, 2016 includes the loss on sale of business of $1,662.

(2)

Net income attributable to Unifi, Inc. for the first three quarters of fiscal 2017 includes comparatively lower earnings from equity affiliates.

(3)

Net income attributable to Unifi, Inc. for the quarters ended September 25, 2016, March 26, 2017 and June 25, 2017 includes a comparatively lower effective tax rate.

(4)

Income per share is computed independently for each of the periods presented.  The sum of the income per share amounts for the quarters may not equal the total for the year.

(5)

Net income attributable to Unifi, Inc. for the quarters ended June 26, 2016, March 27, 2016 and December 27, 2015 includes the unfavorable impact of key employee transition costs of approximately $840, $260 and $400, respectively.