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Note 20 - Computation of Earnings Per Share
12 Months Ended
Jun. 29, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

20. Computation of Earnings Per Share


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


   

For the Fiscal Years Ended

 
   

June 29, 2014

   

June 30, 2013

   

June 24, 2012

 

Basic EPS

                       

Net income attributable to Unifi, Inc.

  $ 28,823     $ 16,635     $ 11,491  

Weighted average common shares outstanding

    18,919       19,909       20,088  

Basic EPS

  $ 1.52     $ 0.84     $ 0.57  
                         

Diluted EPS

                       

Net income attributable to Unifi, Inc.

  $ 28,823     $ 16,635     $ 11,491  
                         

Weighted average common shares outstanding

    18,919       19,909       20,088  

Net potential common share equivalents – stock options and RSUs and RSU’s

    702       796       306  

Adjusted weighted average common shares outstanding

    19,621       20,705       20,394  

Diluted EPS

  $ 1.47     $ 0.80     $ 0.56  
                         

Excluded from the calculation of common share equivalents:

                       

Anti-dilutive common share equivalents

    91       210       184  
                         

Excluded from the calculation of diluted shares:

                       

Unvested options that vest upon achievement of certain market conditions

    13       27       567  

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. Common share equivalents where the exercise price is above the average market price are excluded in the calculation of diluted earnings per common share.