Computation of Earnings Per Share

12 Months Ended

Jun. 30, 2019

21. Computation of Earnings Per Share

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

	For the Fiscal Year Ended
	June 30, 2019		June 24, 2018		June 25, 2017
Basic EPS
Net income attributable to Unifi, Inc.	$	2,456	$	31,702	$	32,875
Weighted average common shares outstanding		18,395		18,294		18,136
Basic EPS	$	0.13	$	1.73	$	1.81
Diluted EPS
Net income attributable to Unifi, Inc.	$	2,456	$	31,702	$	32,875
Weighted average common shares outstanding		18,395		18,294		18,136
Net potential common share equivalents – stock options and RSUs		300		343		307
Adjusted weighted average common shares outstanding		18,695		18,637		18,443
Diluted EPS	$	0.13	$	1.70	$	1.78
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		314		118		390
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.