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Net Income Per Common Share
6 Months Ended
Nov. 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

 

26 Weeks Ended

 

November 28, 2015

 

November 29, 2014

 

November 28, 2015

 

November 29, 2014

Net income attributable to

 

 

 

 

 

 

 

 

 

 

 

Cal-Maine Foods, Inc.

$

109,230 

 

$

36,603 

 

$

252,253 

 

$

64,258 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

48,164 

 

 

48,136 

 

 

48,164 

 

 

48,133 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted shares

 

197 

 

 

245 

 

 

190 

 

 

245 

Common stock options

 

 

 

23 

 

 

 

 

22 

Dilutive potential common shares

 

48,361 

 

 

48,404 

 

 

48,354 

 

 

48,400 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

attributable to Cal-Maine Foods, Inc.:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

2.27 

 

$

0.76 

 

$

5.24 

 

$

1.34 

Diluted

$

2.26 

 

$

0.76 

 

$

5.22 

 

$

1.33