UNIFI INC Earnings Per Share Disclosure
19. Computation of Earnings Per Share
The computation of basic and diluted earnings per share (“EPS”) is as follows:
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|
Fiscal 2025 |
|
|
Fiscal 2024 |
|
|
Fiscal 2023 |
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|||
Basic EPS |
|
|
|
|
|
|
|
|
|
|||
Net loss |
|
$ |
(20,348 |
) |
|
$ |
(47,395 |
) |
|
$ |
(46,344 |
) |
Weighted average common shares outstanding |
|
|
18,314 |
|
|
|
18,154 |
|
|
|
18,037 |
|
Basic EPS |
|
$ |
(1.11 |
) |
|
$ |
(2.61 |
) |
|
$ |
(2.57 |
) |
Diluted EPS |
|
|
|
|
|
|
|
|
|
|||
Net loss |
|
$ |
(20,348 |
) |
|
$ |
(47,395 |
) |
|
$ |
(46,344 |
) |
Weighted average common shares outstanding |
|
|
18,314 |
|
|
|
18,154 |
|
|
|
18,037 |
|
Net potential common share equivalents |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Adjusted weighted average common shares outstanding |
|
|
18,314 |
|
|
|
18,154 |
|
|
|
18,037 |
|
Diluted EPS |
|
$ |
(1.11 |
) |
|
$ |
(2.61 |
) |
|
$ |
(2.57 |
) |
Excluded from the calculation of common share equivalents: |
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|
|
|
|
|
|
|
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|||
Anti-dilutive common share equivalents |
|
|
858 |
|
|
|
491 |
|
|
|
— |
|
Excluded from the calculation of diluted shares: |
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|
|
|
|
|
|
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|||
Unvested stock options that vest upon achievement of certain |
|
|
— |
|
|
|
333 |
|
|
|
333 |
|
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.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 26, 2025 | Showing above |
| 2024 | Aug 23, 2024 | |
| 2023 | Aug 25, 2023 | |
| 2022 | Aug 31, 2022 | |
| 2021 | Aug 25, 2021 | |
| 2020 | Aug 26, 2020 | |
| 2019 | Aug 29, 2019 | |
| 2018 | Aug 22, 2018 | |
| 2017 | Sep 1, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.