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Earnings Per Share
6 Months Ended
Dec. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

17.  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 30, 2018

 

 

December 24, 2017

 

 

December 30, 2018

 

 

December 24, 2017

 

Net income

 

$

1,171

 

 

$

11,802

 

 

$

2,983

 

 

$

20,762

 

Basic weighted average shares

 

 

18,382

 

 

 

18,273

 

 

 

18,374

 

 

 

18,260

 

Net potential common share equivalents – stock options and restricted stock units

 

 

323

 

 

 

378

 

 

 

327

 

 

 

338

 

Diluted weighted average shares

 

 

18,705

 

 

 

18,651

 

 

 

18,701

 

 

 

18,598

 

Excluded from diluted weighted average shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

498

 

 

 

60

 

 

 

500

 

 

 

290

 

 

The calculation of EPS is based on the weighted average number of Unifi, Inc.’s common shares outstanding for the applicable period.  The calculation of diluted EPS 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.