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Net Income Per Common Share
9 Months Ended
Feb. 28, 2015
Net Income Per Common Share [Abstract]  
Net Income Per Common Share

5.   Net Income per Common Share  

 

Basic net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period.  Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of options and restricted stock.  The computations of basic and diluted net income per share attributable to the Company are as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

39 Weeks Ended

 

February 28, 2015

 

March 1, 2014

 

February 28, 2015

 

March 1, 2014

Net income attributable to

 

 

 

 

 

 

 

 

 

 

 

Cal-Maine Foods, Inc.

$

50,882 

 

$

42,853 

 

$

115,140 

 

$

77,715 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

48,137 

 

 

48,095 

 

 

48,134 

 

 

48,122 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted shares

 

288 

 

 

189 

 

 

260 

 

 

147 

Common stock options

 

22 

 

 

40 

 

 

22 

 

 

40 

Dilutive potential common shares

 

48,447 

 

 

48,324 

 

 

48,416 

 

 

48,309 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

attributable to Cal-Maine Foods, Inc.:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

1.06 

 

$

0.89 

 

$

2.39 

 

$

1.61 

Diluted

$

1.05 

 

$

0.89 

 

$

2.38 

 

$

1.61