10 slides from Unifi, Inc. New's earnings presentation, Jul 28, 2011
Slide 1: Unifi, Inc. Year and Fourth Quarter Conference Call
Exhibit 99.2 Unifi, Inc. For the Year and Fourth Quarter Ended June 26, 2011 Conference Call
Slide 2: Cautionary Statement
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 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 management
Slide 3: Income Statement Highlights - Quarter
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Income Statement Highlights (Amounts in Thousands, Except Percentages) (Unaudited) For the Quarters Ended June 26, 2011 June 27, 2010 Net sales $ 194,852 100.0% $ 176,960 100.0% Gross profit 17,569 9.0% 18,248 10.3% Selling, general and administrative
Slide 4: Income Statement Highlights - Year
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Income Statement Highlights (Amounts in Thousands, Except Percentages) (Unaudited) For the Years Ended June 26, 2011 June 27, 2010 Net sales $ 707,838 100.0% $ 616,753 100.0% Gross profit 72,960 10.3% 71,500 11.6% Selling, general and administrative e
Slide 5: Volume and Pricing Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Volume and Pricing Highlights (Unaudited) Quarter over quarter Year over year For the Quarters Ended For the Years Ended June 26, 2011 vs. June 27, 2010 June 26, 2011 vs. June 27, 2010 Volume Price Volume Price Polyester (2.5%) 18.8% 7.0% 13.3% Nylon
Slide 6: Balance Sheet Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Balance Sheet Highlights (Amounts in Thousands, Except Percentages) (Unaudited) June 26, March 27, June 27, 2011 2011 2010 Cash $ 27,490 $ 19,142 $ 42,691 Short-Term Debt $ 10,341 $ 335 $ 15,327 Long-Term Debt 158,322 171,522 164,063 Total Debt 168,66
Slide 7: Equity Affiliates Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Equity Affiliates Highlights (Amounts in Thousands) (Unaudited) Quarters Ended Years Ended June 26, 2011 June 27, 2010 June 26, 2011 June 27, 2010 Earnings (Losses) Parkdale America (34%) $ 12,047 $ 5,534 $ 22,655 $ 11,605 Other (363) 288 1,251 803 In
Slide 8: Adjusted EBITDA Reconciliation to Net Income
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 2011 Adjusted EBITDA Reconciliation to Net Income (Amounts in Thousands) (Unaudited) For the Quarters Ended For the Years ended June 26, June 27, June 26, June 27, 2011 2010 2011 2010 Net income $ 13,514 $ 5,472 $ 25,089 $ 10,685 Provision for income taxes
Slide 9: Non-GAAP Financial Measures
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 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 the
Slide 10: Non-GAAP Financial Measures - continued
Unifi, Inc. Fourth Qtr. Conf. Call July 28, 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 are