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Significant Accounting Policies (Tables)
12 Months Ended
Jun. 02, 2018
Accounting Policies [Abstract]  
Schedule of Dividends
 
 
13 Weeks Ended
 
14 Weeks Ended
 
52 Weeks Ended
 
53 Weeks Ended
 
 
June 2, 2018
 
June 3, 2017
 
June 2, 2018
 
June 3, 2017
Net income (loss) attributable to Cal-Maine Foods, inc.
 
$
71,767

 
$
(24,471
)
 
$
125,932

 
$
(74,278
)
Cumulative losses to be recovered prior to payment of dividend at beginning of the period
 
(20,488
)
 
(50,182
)
 
(74,653
)
 
(375
)
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend
 
$
51,279

 
$
(74,653
)
 
$
51,279

 
$
(74,653
)
 
 
 
 
 
 
 
 
 
1/3 of net income attributable to Cal-Maine Foods, Inc.
 
17,093

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock outstanding (shares)
 
43,831

 
 
 
 
 
 
Class A common stock outstanding (shares)
 
4,800

 
 
 
 
 
 
Total common stock outstanding (shares)
 
48,631

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends per common share*
 
$
0.351

 
$

 
$
0.351

 
$



*Dividends per common share = 1/3 of Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend ÷ Total common stock outstanding (shares).
Schedule of Computations of Earnings Per Share
The computations of basic net income per share and diluted net income per share are as follows (in thousands):
 
 
June 2, 2018
 
June 3, 2017
 
May 28, 2016
Net income (loss) attributable to Cal-Maine Foods, Inc.
 
$
125,932

 
$
(74,278
)
 
$
316,041

 
 
 

 
 

 
 

Basic weighted-average common shares (including Class A)
 
48,353

 
48,362

 
48,195

 
 
 

 
 

 
 

Effect of dilutive securities:
 
 

 
 

 
 

Common stock options and restricted stock
 
115

 

 
170

Dilutive potential common shares
 
48,468

 
48,362

 
48,365

 
 
 

 
 

 
 

Net income (loss) per common share:
 
 

 
 

 
 

Basic
 
$
2.60

 
$
(1.54
)
 
$
6.56

 
 
 

 
 

 
 

Diluted
 
$
2.60

 
$
(1.54
)
 
$
6.53