Accrued Dividends Payable And Dividends per Common Share (Tables)

12 Months Ended

May 30, 2020

Earnings Per Share Reconciliation [Abstract]

Schedule of Dividends

On our 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				52 Weeks Ended
	May 30, 2020		June 1, 2019		May 30, 2020		June 1, 2019
Net income (loss) attributable to Cal-Maine Foods, Inc.	$	60,463	$	(19,761)	$	18,391	$	54,229
Cumulative losses to be recovered prior to payment of divided at beginning of period	(61,833)		—		(19,761)		—
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend	$	—	$	—	$	—	$	54,229
1/3 of net income attributable to Cal-Maine Foods, Inc. available for dividend	$	—
Common stock outstanding (shares)	43,974
Class A common stock outstanding (shares)	4,800
Total common stock outstanding (shares)	48,774
Dividends per common share*	$	—	$	—	$	—	$	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).