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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 03, 2017
May 28, 2016
Current assets:    
Cash and cash equivalents $ 17,564 $ 29,046
Investment securities available-for-sale 138,462 360,499
Receivables:    
Trade receivables, less allowance for doubtful accounts of $386 in 2017 and $727 in 2016 61,261 62,012
Income tax receivable 52,691 11,830
Other 3,248 5,436
Total receivables 117,200 79,278
Inventories 160,692 154,799
Prepaid expenses and other current assets 2,288 2,661
Total current assets 436,206 626,283
Other assets:    
Other investments 69,296 53,975
Goodwill 35,525 29,196
Other intangible assets 29,149 4,958
Other long-lived assets 4,734 5,079
Total other assets 138,704 93,208
Property, plant and equipment, less accumulated depreciation 458,184 392,274
Total assets 1,033,094 1,111,765
Current liabilities:    
Trade accounts payable 30,629 36,262
Accrued wages and benefits 15,809 23,198
Accrued expenses and other liabilities 13,415 7,671
Current maturities of long-term debt 4,826 16,320
Total current liabilities 64,679 83,451
Long-term debt, less current maturities 6,113 9,250
Other noncurrent liabilities 7,527 6,321
Deferred income taxes 110,282 95,382
Total liabilities 188,601 194,404
Commitments and contingencies – See Notes 8, 9, and 13
Stockholders' equity:    
Paid-in capital 49,932 46,404
Retained earnings 816,046 890,440
Accumulated other comprehensive loss, net of tax (128) (48)
Common stock in treasury, at cost – 26,484 and 26,524 shares in 2017 and 2016, respectively (23,914) (22,272)
Total Cal-Maine Foods, Inc. stockholders' equity 842,687 915,275
Noncontrolling interest in consolidated entities 1,806 2,086
Total stockholders’ equity 844,493 917,361
Total liabilities and stockholders' equity 1,033,094 1,111,765
Common Stock    
Stockholders' equity:    
Common stock 703 703
Total stockholders’ equity 703 703
Class A Convertible Common Stock    
Stockholders' equity:    
Common stock 48 48
Total stockholders’ equity $ 48 $ 48