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Computation of Earnings Per Share
12 Months Ended
Jun. 24, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

20. Computation of Earnings Per Share

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

 

 

 

For the Fiscal Year Ended

 

 

 

June 24, 2018

 

 

June 25, 2017

 

 

June 26, 2016

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Unifi, Inc.

 

$

31,702

 

 

$

32,875

 

 

$

34,415

 

Weighted average common shares outstanding

 

 

18,294

 

 

 

18,136

 

 

 

17,857

 

Basic EPS

 

$

1.73

 

 

$

1.81

 

 

$

1.93

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Unifi, Inc.

 

$

31,702

 

 

$

32,875

 

 

$

34,415

 

Weighted average common shares outstanding

 

 

18,294

 

 

 

18,136

 

 

 

17,857

 

Net potential common share equivalents –

   stock options and RSUs

 

 

343

 

 

 

307

 

 

 

558

 

Adjusted weighted average common shares outstanding

 

 

18,637

 

 

 

18,443

 

 

 

18,415

 

Diluted EPS

 

$

1.70

 

 

$

1.78

 

 

$

1.87

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

118

 

 

 

390

 

 

 

193

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain

   market conditions

 

 

 

 

 

 

 

 

 

 

The calculation of earnings per common share is based on the weighted average number of UNIFI’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.