Accrued Dividends Payable And Dividends per Common Share (Tables)

3 Months Ended

Aug. 31, 2019

Earnings Per Share Reconciliation [Abstract]

Schedule of Dividends

On our condensed consolidated statement of income, we determine dividends per common share in accordance with the computation in the following table (in thousands, except per share data):

	13 Weeks Ended
	August 31, 2019			September 1, 2018
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend	$	(45,760	)	$	12,405
1/3 of net income attributable to Cal-Maine Foods, Inc. available for dividend	$	—		$	4,135
Common stock outstanding (shares)	43,893			43,831
Class A common stock outstanding (shares)	4,800			4,800
Total common stock outstanding (shares)	48,693			48,631
Dividends per common share*	$	—		$	0.085

*Dividends per common share = 1/3 of Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend ÷ Total common stock outstanding (shares).