XML 80 R11.htm IDEA: XBRL DOCUMENT

Inventories

12 Months Ended

May 31, 2014

4. Inventories

Inventories consisted of the following (in thousands):


		May 31, 2014		June 1, 2013
Flocks, net of accumulated amortization	$	90,152	$	83,894
Eggs		11,747		13,694
Feed and supplies		44,218		50,405
	$	146,117	$	147,993

The Company charged amortization and mortality expense to cost of sales associated with the flocks as follows (in thousands):



	May 31, 2014		June 1, 2013		June 2, 2012
Amortization	$	98,556	$	88,601	$	87,532
Mortality		4,890		4,670		4,865
Total flock costs charge to cost of sales	$	103,446	$	93,271	$	92,397

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details