Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q1 FY2012 Earnings Presentation
10 slides from Unifi, Inc. New's earnings presentation, Oct 27, 2011
Slide 1: Unifi, Inc. First Quarter Conference Call
Exhibit 99.2 Unifi, Inc. For the First Quarter Ended September 25, 2011 Conference Call
Slide 2: Cautionary Statement
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Cautionary Statement 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 on manageme
Slide 3: Volume and Pricing Highlights
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Volume and Pricing Highlights (Unaudited) Quarter over Quarter For the Quarters Ended September 25, 2011 vs. September 26, 2010 Volume Price Polyester (2.7%) 10.8% Nylon (16.3%) 9.0% International (25.1%) 7.8% Consolidated (11.0%) 8.7% Quarter over
Slide 4: Income Statement Highlights
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Income Statement Highlights (Amounts in Thousands, Except Percentages) (Unaudited) For the Quarters Ended September 25, 2011 September 26, 2010 Net sales $ 171,013 100.0% $ 175,092 100.0% Gross profit 11,830 6.9% 21,546 12.3% Selling, general and ad
Slide 5: Balance Sheet Highlights
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Balance Sheet Highlights (Amounts in Thousands, Except Percentages) (Unaudited) September 25, June 26, June 27, 2011 2011 2010 Cash $ 19,821 $ 27,490 $ 42,691 Revolver Availability, Net 54,598 51,734 73,879 Total Liquidity $ 74,419 $ 79,224 $ 116,57
Slide 6: Working Capital Highlights
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Working Capital Highlights (Amounts in Thousands, Except Percentages) (Unaudited) September 25, June 26, June 27, 2011 2011 2010 Accounts Receivable $ 95,778 $ 100,175 $ 91,276 Inventory 135,976 134,883 111,007 Accounts Payable (46,036) (42,842) (40
Slide 7: Equity Affiliates Highlights
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Equity Affiliates Highlights (Amounts in Thousands) (Unaudited) For the Quarters Ended September 25, 2011 September 26, 2010 Earnings (Losses) Parkdale America (34%) $ 3,827 $ 8,634 Other (67) 594 Intercompany Eliminations (301) (277) Total $ 3,459
Slide 8: Adjusted EBITDA Reconciliation to Net Income
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Adjusted EBITDA Reconciliation to Net Income (Amounts in Thousands) (Unaudited) For the Quarters Ended September 25, September 26, 2011 2010 Net income $ 286 $ 10,235 Provision for income taxes 273 2,517 Interest expense, net 3,733 4,526 Depreciatio
Slide 9: Non-GAAP Financial Measures
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Non-GAAP Financial Measures 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 t
Slide 10: Non-GAAP Financial Measures - continued
Unifi, Inc. First Qtr. Conf. Call October 27, 2011 Non-GAAP Financial Measures - continued 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 a