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Note 19 - Computation of Earnings Per Share
 9 Months Ended
Mar. 25, 2012
Earnings Per Share [Text Block]
19. Computation of Earnings Per Share

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

   
For the Three Months Ended
   
For the Nine Months Ended
 
   
March 25, 2012
   
March 27, 2011
   
March 25, 2012
   
March 27, 2011
 
Basic EPS:
                       
Net income (loss) attributable to Unifi, Inc.
  $ 7,535     $ (4,045 )   $ 213     $ 11,575  
Weighted average common shares outstanding
    20,089       20,069       20,088       20,062  
                                 
Basic EPS
  $ 0.38     $ (0.20 )   $ 0.01     $ 0.58  
                                 
Diluted EPS:
                               
Net income (loss) attributable to Unifi, Inc.
  $ 7,535     $ (4,045 )   $ 213     $ 11,575  
                                 
Weighted average common shares outstanding
    20,089       20,069       20,088       20,062  
Potential dilutive common shares outstanding
    272       —       269       415  
Adjusted weighted average common shares outstanding
    20,361       20,069       20,357       20,477  
                                 
Diluted EPS
  $ 0.37     $ (0.20 )   $ 0.01     $ 0.57  
                                 
Excluded from the calculation of common share equivalents:
                               
Anti-dilutive common share equivalents
    213       1,146       199       221  
                                 
Excluded from the calculation of potential diluted common shares:
                               
Unvested options that vest upon achievement of certain market conditions
    567       577       567       577  

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