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Net Income Per Common Share
 3 Months Ended
Aug. 29, 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

 

 

August 29, 2015

 

August 30, 2014

Net income attributable to

 

 

 

 

 

 

Cal-Maine Foods, Inc.

 

$
143,023 

 

$
27,655 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

 
48,163 

 

 
48,130 

Effect of dilutive securities:

 

 

 

 

 

 

Restricted shares

 

 
335 

 

 
245 

Common stock options

 

 

 -

 

 
24 

Dilutive potential common shares

 

 
48,498 

 

 
48,399 

 

 

 

 

 

 

 

Net income per common share

 

 

 

 

 

 

attributable to Cal-Maine Foods, Inc.:

 

 

 

 

 

 

Basic

 

$
2.97 

 

$
0.57 

Diluted

 

$
2.95 

 

$
0.57