10 slides from Unifi, Inc. New's earnings presentation, Jul 29, 2010
Slide 1: Unifi, Inc. Fourth Quarter and Year Ended June 27, 2010 Conference Call
Unifi, Inc. For The Year and Fourth Quarter Ended June 27, 2010 Conference Call Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010
Slide 2: Cautionary Statement
Cautionary Statement Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about Unifi, Inc.'s (the "Company") financial condition and results of operations that are based on management's c
Slide 3: Income Statement Highlights - Quarters Ended
Income Statement Highlights (Amounts in Thousands) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 June 27, 2010 June 28, 2009 Net sales from continuing operations 176,960 $ 139,833 $ Depreciation and amortization expense 6,483 6,951 Selling, general and administrative expense 11,615 9,
Slide 4: Income Statement Highlights - Years Ended
Income Statement Highlights (Amounts in Thousands) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 June 27, 2010 June 28, 2009 Net sales from continuing operations 616,753 $ 553,663 $ Depreciation and amortization expense 26,312 31,326 Selling, general and administrative expense 46,183
Slide 5: Volume and Pricing
Volume and Pricing Highlights (Amounts in thousands, except percentages) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Volume Price Volume Price Polyester 24.5% 5.9% 16.5% - -4.2% Nylon 27.8% - -11.3% 11.3% - -2.3% Consolidated 24.9% 1.6% 15.9% - -4.5% Volume Price Polyester 14.0% 2.6
Slide 6: Balance Sheet
Balance Sheet Highlights (Amounts in thousands, except days in receivables/payables) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 June March December September June 2010 2010 2009 2009 2009 Cash 42,691 $ 52,496 $ 54,442 $ 55,700 $ 42,659 $ Restricted Cash-Domestic - - - - - - - - - -
Slide 7: Equity Affiliates
Equity Affiliates Highlights (Amounts in thousands, except percentages) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Earnings (Loss) Distributions Earnings (Loss) Distributions Parkdale America (34%) 5,534 $ 1,654 $ 11,605 $ 3,265 $ Other 288 - - 803 - - Intercompany Eliminations 24
Slide 8: Adjusted EBITDA Reconciliation to Net Income
Adjusted EBITDA Reconciliation to Net Income (Amounts in thousands) (Unaudited) Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Year Ended September 27, December 27, March 28, June 27, June 27, 2009 2009 2010 2010 2010 Net income 2,489 $ 1,953 $ 771 $ 5,472 $ 10,685 $ Provision for income taxes 2,5
Slide 9: Non-GAAP Financial Measures
Non-GAAP Financial Measures Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Non-GAAP Financial Measures Included in this presentation are certain non-GAAP financial measures designed to complement the financial information presented in accordance with generally accepted accounting principles in the
Slide 10: Non-GAAP Financial Measures - continued
Non-GAAP Financial Measures - continued Unifi, Inc. Fourth Qtr. Conf. Call July 29, 2010 Our Adjusted EBITDA measure has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our results as reported under GAAP. Some of these limitations are