12 slides from Unifi, Inc. New's earnings presentation, Jan 23, 2013
Slide 1: Unifi, Inc. Second Quarter Conference Call Slide Presentation
4 UNiri. Unifi, Inc. For the Second Quarter Ended December 23, 2012 Conference Call Slide Presentation
Slide 2: Cautionary Statement
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 (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 base
Slide 3: Net Sales and Gross Profit Highlights
Unifi, Inc Second Qtr. Conf. Call Famiary 23, 2013 Net Sales and Gross Profit Highlights ““° (Amounts in Thousands, Except Percentages) ‘Year Over Year Quarter over Quarter For The Six Months Ended December 23, 2012 vs. December 25, 2011 December 23, 2012 ws. December 25, 2011 Volume Price Vohume Pr
Slide 4: Income Statement Highlights - Quarters Ended
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 (Unaudited) Income Statement Highlights (Amounts in Thousands, Except Percentages) For the Quarters Ended December 23, 2012 December 25, 2011 Net sales $ 172,071 100.0% $ 167,110 100.0% Gross profit 16,691 9.7% 10,882 6.5% Selling, general and admin
Slide 5: Income Statement Highlights - Six Months Ended
Unifi, Inc Second Qtr. Conf. Call Famiary 23, 2013 Income Statement Highlights a! (Amounts in Thousands, Except Percentages) For the Six Months Ended December 23, 2012 December 25, 2011 Net sales $ 344,971 100.0% $ 338,123 100.0% Gross profit 34.711 10.1% 22,712 6.7% Selling, general and administrat
Slide 6: Equity Affiliates Highlights
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 Equity Affiliates Highlights a! Earnings (Loss): Parkdale America (34%) Other Total Distributio Parkdale America (34%) Other Total (Amounts in thousands, Except Percentages) For the Quarters Ended For the Six Months Ended December 23,2012 December 2
Slide 7: Reconciliations of Net Income (Loss) to Adjusted EBITDA
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 (Unaudited) econciliations of Net Income (Loss) to Adjusted EBITDA (Amounts in Thousands) For the Quarters Ended. For the Six Months Ended December 23,2012 December 25,2011 _December 23, 2012, December 25, 2011 Net income (loss) attributable to Unif
Slide 8: Working Capital Highlights
Unifi, Inc Second Qtr. Conf. Call . . . . (Unaudited) Working Capital Highlights (Amounts in Thousands) December 23, September 23, June 24, 2012 2012 2012 Receivabks, net $ 88.618 $ 95,549 $ 99.236 Inventory 107,101 116,710 112,750 Accounts payable (38.623) (44,569) (48.541) Accrued expenses (12,162
Slide 9: Cash and Liquidity Highlights
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 Cash and Liquidity Highlights =“ (Amounts in Thousands) December 23, September 23, June 24, 2012 2012 2012 Cash $ 15,246 12,592 $ 10,886 Revolver Availability, Net 35.447 30,226 37,122 Total Liquidity o 50,693 § 42.818 48,008 ABL Revolver $ 44,000 $
Slide 10: Key Dates
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 Key Dates a 10-Q for quarter ended December 23, 2012 = Filing due on Friday, February 1, 2013 Quiet period for quarter ended March 24, 2013 = Begins on Friday, March 22, 2013 = Extends through our Earnings Release date = Expected to be Thursday, Apr
Slide 11: Non-GAAP Financial Measures
Unifi, Inc Second Qtr. Conf. Call January 23, 2013 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 Amer
Slide 12: Non-GAAP Financial Measures - continued
Unifi, Inc. Second Qtr. Conf. Call January 23, 2013 (Unaudited) 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 analy