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Earnings Per Share | 9 Months Ended
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Apr. 02, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 11. Earnings Per Share The components of the calculation of earnings per share (“EPS”) are as follows:
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | April 2, 2023 |  |  | March 27, 2022 |  |  | April 2, 2023 |  |  | March 27, 2022 |
Net (loss) income |  | $ | (5,184 | ) |  | $ | 2,066 |  |  | $ | (31,055 | ) |  | $ | 11,675 |
Basic weighted average shares |  |  | 18,052 |  |  |  | 18,473 |  |  |  | 18,029 |  |  |  | 18,500 |
Net potential common share equivalents |  |  | — |  |  |  | 469 |  |  |  | — |  |  |  | 474 |
Diluted weighted average shares |  |  | 18,052 |  |  |  | 18,942 |  |  |  | 18,029 |  |  |  | 18,974 |
Excluded from the calculation of common share equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Anti-dilutive common share equivalents |  |  | — |  |  |  | 443 |  |  |  | — |  |  |  | 330 |
Excluded from the calculation of diluted shares: |  |  |  |  |  |  |  |  |  |  |  |
Unvested stock options that vest upon achievement of certain market conditions |  |  | 333 |  |  |  | 333 |  |  |  | 333 |  |  |  | 333 |
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.

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