Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q4 FY2012 Earnings Presentation
11 slides from Unifi, Inc. New's earnings presentation, Jul 26, 2012
Slide 1: Unifi, Inc. Fourth Quarter and Fiscal Year Ended June 24, 2012 Conference Call
Exhibit 99.2 UNiri . Unifi, Inc. For the Fourth Quarter and Fiscal Year Ended June 24, 2012 Conference Call Slide Presentation
Slide 2: Cautionary Statement
Unifi, Inc Fourth Qtr. Conf. Call July 26, 2012 (Unaudited) 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 o
Slide 3: Net Sales and Gross Profit Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 Net Sales and Gross Profit Highlights °° Amounts in Thousands, Except Percentages) Quarter over Quarter Year over Year Tune 24, 2012 vs. June 26, 2011 Tune 24, 2012 vs. me 26, 2011 Volume Price Volume Price Net Sales: Polyester (1.6%) (1.7%) G.1%) 8.0
Slide 4: Income Statement Highlights (Quarters)
Unifi, Inc. Fourth Qtr. Conf. Call uly 26, 2012 Income Statement Highlights =_— (Amounts in Thousands, Except Percentages) For the Quarters Ended June 24, 2012 June 26, 2011 Net sales $ 187,926 100.0% $ 196,191 100.0% Gross profit 18,094 9.6% 18,015 9.2% Selling, general and administrative expense 1
Slide 5: Income Statement Highlights (Years)
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 Income Statement Highlights =_— (Amounts in Thousands, Except Percentages) For the Years Ended June 24, 2012 June 26, 2011 Net sales $ 705,086 100.0% $ 712,812 100.0% Gross profit 54,396 7.7% 74,652 10.5% Selling, general and administrative expense 43
Slide 6: Reconciliations of Net Income to Adjusted EBITDA
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 Reconciliations of Net Income to Adjusted EBITDA (Amounts in Thousands) For the Quarters Ended For the Years Ended June 24,2012 _ June 26, 2011 June 24,2012 _June 26, 2011 Net income attributable to Unifi, Inc. $ 11,278 $ 13,514 S$ 11491 $25,089 (Bene
Slide 7: Equity Affiliates Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 Equity Affiliates Highlights om (Amounts in thousands, Except Percentages) For the Quarters Ended For the Years Ended June 24, 2012 June 26, 2011 June 24, 2012 June 26, 2011 Eamings: Parkdale America (34%) — $ 5,146 $ 12,047 19360 $ 22,655 Other 428 4
Slide 8: Working Capital Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 ° . . . (Unaudited) Working Capital Highlights (Amounts in Thousands) June 24, March 25, June 26, 2012 2012 2011 Receivables, net $ 99.236 100,713 $ 99.815 Inventory 112,750 112,417 134,883 Accounts payable (48.541) (42,589) (42,842) Accrued expenses
Slide 9: Cash and Liquidity Highlights
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 Cash and Liquidity Highlights Came (Amounts in Thousands) June 24, March 25, June 26, 2012 2012 2011 Cash $ 10,886 $ 35,820 $ 27,490 Revolver Availability, Net 37,122 52,955 51,734 Total Liquidity $ 48.008 $ 88.775 $ 79,224 2014 Notes $ = $ 123,722 $
Slide 10: Non-GAAP Financial Measures
7 Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 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
Slide 11: Non-GAAP Financial Measures - continued
Unifi, Inc. Fourth Qtr. Conf. Call July 26, 2012 . nued Non-GAAP Financial Measures - continue 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 ou