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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 02, 2018
Jun. 03, 2017
Current assets:    
Cash and cash equivalents $ 48,431 $ 17,564
Investment securities available-for-sale 282,586 138,462
Receivables:    
Trade receivables, less allowance for doubtful accounts of $268 in 2018 and $386 in 2017 80,731 61,261
Income tax receivable 0 52,691
Other 5,108 3,248
Total receivables 85,839 117,200
Inventories 168,644 160,692
Prepaid expenses and other current assets 2,020 2,288
Total current assets 587,520 436,206
Other assets:    
Investments in affiliates 66,806 65,731
Goodwill 35,525 35,525
Other intangible assets 26,307 29,149
Other long-lived assets 8,905 8,299
Total other assets 137,543 138,704
Property, plant and equipment, less accumulated depreciation 425,384 458,184
Total assets 1,150,447 1,033,094
Current liabilities:    
Trade accounts payable 37,840 30,629
Accrued dividends payable 17,093 0
Accrued wages and benefits 18,967 15,809
Accrued income taxes payable 17,446 0
Accrued expenses and other liabilities 12,956 13,415
Current maturities of long-term debt 3,536 4,826
Total current liabilities 107,838 64,679
Long-term debt, less current maturities 2,554 6,113
Other noncurrent liabilities 8,318 7,527
Deferred income taxes 76,055 110,282
Total liabilities 194,765 188,601
Commitments and contingencies – See Notes 7, 8, and 12
Stockholders' equity:    
Paid-in capital 53,323 49,932
Retained earnings 924,918 816,046
Accumulated other comprehensive loss, net of tax (693) (128)
Common stock in treasury, at cost – 26,430 and 26,484 shares in 2018 and 2017, respectively (24,966) (23,914)
Total Cal-Maine Foods, Inc. stockholders' equity 953,333 842,687
Noncontrolling interest in consolidated entities 2,349 1,806
Total stockholders’ equity 955,682 844,493
Total liabilities and stockholders' equity 1,150,447 1,033,094
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