Accrued Dividends Payable And Dividends per Common Share (Tables)

9 Months Ended

Feb. 29, 2020

Earnings Per Share Reconciliation [Abstract]

Schedule of Dividends

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

	13 Weeks Ended				39 Weeks Ended
	February 29, 2020		March 2, 2019		February 29, 2020		March 2, 2019
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend	$	13,749	$	39,777	$	(42,072)	$	73,989
1/3 of net income attributable to Cal-Maine Foods, Inc. available for dividend	$	—	$	13,245	$	—	$	24,626
Common stock outstanding (shares)	43,974		43,895
Class A common stock outstanding (shares)	4,800		4,800
Total common stock outstanding (shares)	48,774		48,695
Dividends per common share*	$	—	$	0.272	$	—	$	0.506

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