Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q4 FY2013 Earnings Presentation
12 slides from Unifi, Inc. New's earnings presentation, Jul 25, 2013
Slide 1: Fourth Quarter and Fiscal Year Ended June 30, 2013 Conference Call Slide Presentation
Unifi, Inc. For the Fourth Quarter and Fiscal Year Ended June 30, 2013 Conference Call Slide Presentation Exhibit 99.2
Slide 2: Cautionary Statement
Cautionary Statement Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about the financial condition and results of operations of Unifi, Inc. (the "Company") that are based
Slide 3: Net Sales and Gross Profit Highlights
Net Sales and Gross Profit Highlights (Amounts in Thousands, Except Percentages) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) Quarter over Quarter Year Over Year June 30, 2013 vs. June 24, 2012 June 30, 2013 vs. June 24, 2012 Volume Price Volume Price Net Sales: Polyester 6.7% 0.7% 2
Slide 4: Income Statement - Three Months
Income Statement Highlights (Amounts in Thousands, Except Percentages and Per Share Amounts) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) For the Three Months Ended June 30, 2013 June 24, 2012 Net sales $200,742 100.0% $187,926 100.0% Gross profit 25,712 12.8% 18,094 9.6% Selling, ge
Slide 5: Income Statement - Fiscal Years
Income Statement Highlights (Amounts in Thousands, Except Percentages and Per Share Amounts) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) For the Fiscal Years Ended June 30, 2013 June 24, 2012 Net sales $713,962 100.0% $705,086 100.0% Gross profit 73,104 10.2% 54,396 7.7% Selling, ge
Slide 6: Equity Affiliates
Equity Affiliates Highlights (Amounts in thousands, Except Percentages) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) For the Three Months Ended For the Fiscal Years Ended June 30, 2013 June 24, 2012 June 30, 2013 June 24, 2012 Earnings: Parkdale America (34%) $4,491 $5,146 $9,481 $19
Slide 7: Reconciliations of Net Income to Adjusted EBITDA
Reconciliations of Net Income to Adjusted EBITDA (Amounts in Thousands) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) For the Three Months Ended For the Fiscal Years Ended June 30, 2013 June 24, 2012 June 30, 2013 June 24, 2012 Net income attributable to Unifi, Inc. $10,516 $11,278 $1
Slide 8: Working Capital
Working Capital Highlights (Amounts in Thousands) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) June 30, March 24, June 24, 2013 2013 2012 Receivables, net $98,392 $97,219 $99,236 Inventory 110,667 108,749 112,750 Accounts payable (45,544) (53,561) (48,541) Accrued expenses (18,383) (
Slide 9: Capital Structure
Capital Structure (Amounts in Thousands) Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) June 30, March 24, June 24, 2013 2013 2012 Cash $8,755 $15,901 $10,886 Revolver Availability, Net 36,105 34,199 37,122 Total Liquidity $44,860 $50,100 $48,008 ABL Revolver $52,500 $51,300 $51,000 AB
Slide 10: Key Dates
Key Dates Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) Form 10-K for the fiscal year ended June 30, 2013 Filing due on Friday, September 13, 2013 7th Annual Investor Update Meeting Monday, September 16, 2013 Hilton New York Hotel, NY, NY Contact: Rebecca Landas (336) 316-5676 rlandas
Slide 11: Non-GAAP Financial Measures
Non-GAAP Financial Measures Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) 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 United States o
Slide 12: Non-GAAP Financial Measures - continued
Non-GAAP Financial Measures - continued Unifi, Inc. Fourth Qtr. Conf. Call July 25, 2013 (Unaudited) Each of our Adjusted EBITDA and Adjusted EBITDA Including Equity Affiliates measures has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis