XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 30, 2020
Jun. 01, 2019
Current assets:    
Cash and cash equivalents $ 78,130 $ 69,247
Investment securities available-for-sale 154,163 250,181
Receivables:    
Trade receivables, net 84,976 57,059
Income tax receivable 9,884 9,745
Other 3,515 4,956
Total receivables 98,375 71,760
Inventories 187,216 172,237
Prepaid expenses and other current assets 4,367 4,328
Total current assets 522,251 567,753
Property, plant & equipment, net 557,375 455,347
Finance lease right-of-use asset, net 678 947
Operating lease right-of-use asset, net 2,531 0
Investments in unconsolidated entities 60,982 67,554
Goodwill 35,525 35,525
Intangible assets, net 22,816 23,762
Other long-term assets 4,536 5,390
Total assets 1,206,694 1,156,278
Current liabilities:    
Trade accounts payable 55,904 39,210
Accrued wages and benefits 23,277 22,914
Accrued expenses and other liabilities 13,001 11,087
Current maturities of long-term debt 0 1,500
Current portion of finance lease obligation 205 196
Current portion of operating lease obligation 796 0
Current portion of finance lease obligation 93,183 74,907
Long-term finance lease obligation 652 858
Long-term operating lease obligation 1,735 0
Other noncurrent liabilities 8,681 8,110
Deferred income taxes 92,768 82,597
Total liabilities 197,019 166,472
Commitments and contingencies
Stockholders' equity:    
Paid-in capital 60,372 56,857
Retained earnings 975,147 954,527
Accumulated other comprehensive income, net of tax 79 355
 Common stock in treasury, at cost – 26,287 and 26,366 shares in 2020 and 2019, respectively (26,674) (25,866)
Total Cal-Maine Foods, Inc. stockholders' equity 1,009,675 986,624
Noncontrolling interest in consolidated entities 0 3,182
Total stockholders’ equity 1,009,675 989,806
Total liabilities and stockholders' equity 1,206,694 1,156,278
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