Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q3 FY2013 Earnings Presentation
12 slides from Unifi, Inc. New's earnings presentation, Apr 25, 2013
Slide 1: Third Quarter Ended March 24, 2013 Conference Call Slide Presentation
Unifi, Inc. For the Third Quarter Ended March 24, 2013 Conference Call Slide Presentation Exhibit 99.2
Slide 2: Cautionary Statement
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’s current expectations, estimates and projectio
Slide 3: Net Sales and Gross Profit Highlights
Net Sales and Gross Profit Highlights (Amounts in Thousands, Except Percentages) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) Year Over Year Quarter over Quarter For The Nine Months Ended March 24, 2013 vs. March 25, 2012 March 24, 2013 vs. March 25, 2012 Volume Price Volume Price Ne
Slide 4: Income Statement Highlights - Three Months
Income Statement Highlights(Amounts in Thousands, Except Percentages and Per Share Amounts) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) For the Three Months Ended March 24, 2013 March 25, 2012 Net sales $168,249 100.0% $179,037 100.0% Gross profit 12,681 7.5% 13,590 7.6% Selling, ge
Slide 5: Income Statement Highlights - Nine Months
Income Statement Highlights(Amounts in Thousands, Except Percentages and Per Share Amounts) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) For the Nine Months Ended March 24, 2013 March 25, 2012 Net sales $513,220 100.0% $517,160 100.0% Gross profit 47,392 9.2% 36,302 7.0% Selling, gen
Slide 6: Equity Affiliates Highlights
Equity Affiliates Highlights (Amounts in thousands, Except Percentages) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) For the Three Months Ended For the Nine Months Ended March 24, 2013 March 25, 2012 March 24, 2013 March 25, 2012 Earnings (Loss): Parkdale America (34%) $4,294 $9,719
Slide 7: Reconciliations of Net Income to Adjusted EBITDA
Reconciliations of Net Income to Adjusted EBITDA (Amounts in Thousands) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) For the Three Months Ended For the Nine Months Ended March 24, 2013 March 25, 2012 March 24, 2013 March 25, 2012 Net income attributable to Unifi, Inc. $1,399 $7,535 $
Slide 8: Working Capital Highlights
Working Capital Highlights(Amounts in Thousands) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) March 24, December 23, June 24, 2013 2012 2012 Receivables, net $97,219 $88,618 $99,236 Inventory 108,749 107,101 112,750 Accounts payable (53,561) (38,623) (48,541) Accrued expenses (11,761
Slide 9: Capital Structure
Capital Structure(Amounts in Thousands) Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) March 24, December 23, June 24, 2013 2012 2012 Cash $15,901 $15,246 $10,886 Revolver Availability, Net 34,199 35,447 37,122 Total Liquidity $50,100 $50,693 $48,008 ABL Revolver $51,300 $44,000 $51,00
Slide 10: Key Dates
Key Dates Unifi, Inc. Third Qtr. Conf. Call April 25, 2013 (Unaudited) Form 10-Q for quarter ended March 24, 2013 Filing due on Friday, May 3, 2013 Quiet period for quarter ended June 30, 2013 Begins on Friday, June 28, 2013 Extends through our Earnings Release date Expected to be Thursday, July 25,
Slide 11: 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 United States of America ("GAAP") because management believes such measures
Slide 12: Non-GAAP Financial Measures - continued
Non-GAAP Financial Measures - continued 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 of our results as reported under GAAP. Some of these limitat