Income Taxes (Tables)

12 Months Ended

May 31, 2014

Income Taxes [Abstract]

Tax Expense By Jurisdiction

	Fiscal year ended
	May 31		June 1		June 2
	2014		2013		2012
Current:
Federal	$	38,940	$	28,144	$	37,770
State		5,470		2,410		6,010
		44,410		30,554		43,780
Deferred:
Federal		6,474		(4,937)		4,300
State		1,151		(810)		1,030
		7,625		(5,747)		5,330
	$	52,035	$	24,807	$	49,110

Deferred Tax Assets And Liabilities

	May 31		June 1
	2014		2013
Deferred tax liabilities:
Property, plant and equipment	$	41,393	$	35,108
Cash basis temporary differences		637		817
Inventories		34,163		32,720
Investment in affiliates		487		4,248
Other comprehensive income		294		95
Other		3,800		3,540
Total deferred tax liabilities		80,774		76,528
Deferred tax assets:
Accrued expenses		3,122		13,957
Other		6,699		4,157
Total deferred tax assets		9,821		18,114
Net deferred tax liabilities	$	70,953	$	58,414

Reconciliation Of Effective Tax Expense

	Fiscal year end
	May 31		June 1		June 2
	2014		2013		2012
Statutory federal income tax	$	56,435	$	26,331	$	48,595
State income taxes, net		4,303		1,040		4,576
Domestic manufacturers deduction		(3,810)		(2,860)		(3,596)
Reversal of outside basis in equity investment-Delta Egg		(3,295)		-		-
Non-taxable remeasurement gain upon consolidation of Delta Egg		(1,392)		-		-
Tax exempt interest income		(143)		(76)		(267)
Other, net		(63)		372		(198)
	$	52,035	$	24,807	$	49,110