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Significant Accounting Policies (Tables)
12 Months Ended
Jun. 01, 2019
Accounting Policies [Abstract]  
Schedule of Dividends
 
 
13 Weeks Ended
 
52 Weeks Ended
 
 
June 1, 2019
 
June 2, 2018
 
June 1, 2019
 
June 2, 2018
Net income (loss) attributable to Cal-Maine Foods, inc.
 
$
(19,761
)
 
$
71,767

 
$
54,229

 
$
125,932

Cumulative losses to be recovered prior to payment of dividend at beginning of the period
 

 
(20,488
)
 

 
(74,653
)
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend
 
$
(19,761
)
 
$
51,279

 
$
54,229

 
$
51,279

 
 
 
 
 
 
 
 
 
1/3 of net income attributable to Cal-Maine Foods, Inc.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock outstanding (shares)
 
43,894

 
 
 
 
 
 
Class A common stock outstanding (shares)
 
4,800

 
 
 
 
 
 
Total common stock outstanding (shares)
 
48,694

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends per common share*
 
$

 
$
0.351

 
$
0.506

 
$
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 1, 2019
 
June 2, 2018
 
June 3, 2017
Net income (loss) attributable to Cal-Maine Foods, Inc.
 
$
54,229

 
$
125,932

 
$
(74,278
)
 
 
 

 
 

 
 

Basic weighted-average common shares (including Class A)
 
48,467

 
48,353

 
48,362

 
 
 

 
 

 
 

Effect of dilutive securities:
 
 

 
 

 
 

Common stock options and restricted stock
 
122

 
115

 

Dilutive potential common shares
 
48,589

 
48,468

 
48,362

 
 
 

 
 

 
 

Net income (loss) per common share:
 
 

 
 

 
 

Basic
 
$
1.12

 
$
2.60

 
$
(1.54
)
 
 
 

 
 

 
 

Diluted
 
$
1.12

 
$
2.60

 
$
(1.54
)