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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 25, 2017
Mar. 26, 2017
Dec. 25, 2016
Sep. 25, 2016
Jun. 26, 2016
Mar. 27, 2016
Dec. 27, 2015
Sep. 27, 2015
Jun. 25, 2017
Jun. 26, 2016
Jun. 28, 2015
Income Statement [Abstract]                      
Net sales $ 171,250 $ 160,896 $ 155,155 $ 159,969 $ 163,858 $ 161,278 $ 156,336 $ 162,165 $ 647,270 $ 643,637 $ 687,121
Cost of sales                 553,106 550,005 596,416
Gross profit 27,357 21,130 22,130 23,547 27,471 23,364 21,813 20,984 94,164 93,632 90,705
Selling, general and administrative expenses                 50,829 47,502 49,672
(Benefit) provision for bad debts                 (123) 1,684 947
Other operating (income) expense, net                 (310) 2,248 1,600
Operating income                 43,768 42,198 38,486
Interest income                 (517) (610) (916)
Interest expense                 3,578 3,528 4,025
Loss on sale of business     1,662           1,662    
Loss on extinguishment of debt                     1,040
Equity in earnings of unconsolidated affiliates                 (4,230) (8,963) (19,475)
Income before income taxes                 43,275 48,243 53,812
Provision for income taxes                 10,898 15,073 13,346
Net income including non-controlling interest 9,704 9,177 4,354 9,142 9,915 9,275 6,194 7,786 32,377 33,170 40,466
Less: net loss attributable to non-controlling interest     (237) (261) (322) (414) (270) (239) (498) (1,245) (1,685)
Net income attributable to Unifi, Inc. $ 9,704 [1],[2],[3] $ 9,177 [1],[2],[3] $ 4,591 [1],[2],[3] $ 9,403 [1],[2],[3] $ 10,237 [4] $ 9,689 [4] $ 6,464 [4] $ 8,025 [4] $ 32,875 $ 34,415 $ 42,151
Net income attributable to Unifi, Inc. per common share:                      
Basic (in dollars per share) $ 0.53 [5] $ 0.50 [5] $ 0.25 [5] $ 0.52 [5] $ 0.57 [5] $ 0.54 [5] $ 0.36 [5] $ 0.45 [5] $ 1.81 $ 1.93 $ 2.32
Diluted (in dollars per share) $ 0.52 [5] $ 0.50 [5] $ 0.25 [5] $ 0.51 [5] $ 0.56 [5] $ 0.53 [5] $ 0.35 [5] $ 0.43 [5] $ 1.78 $ 1.87 $ 2.24
[1] Net income attributable to Unifi, Inc. for the first three quarters of fiscal 2017 includes comparatively lower earnings from equity affiliates.
[2] Net income attributable to Unifi, Inc. for the quarter ended December 25, 2016 includes the loss on sale of business of $1,662.
[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] 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.
[5] 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.