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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Aug. 29, 2020
May 30, 2020
Current assets:    
Cash and cash equivalents $ 42,809 $ 78,130
Investment securities available-for-sale 150,524 154,163
Trade and other receivables, net 83,816 98,375
Inventories 189,222 187,216
Prepaid expenses and other current assets 6,813 4,367
Total current assets 473,184 522,251
Property, plant & equipment, net 568,598 557,375
Finance lease right-of-use asset, net 640 678
Operating lease right-of-use asset, net 2,332 2,531
Investments in unconsolidated entities 60,287 60,982
Goodwill 35,525 35,525
Intangible assets, net 22,069 22,816
Other long-term assets 5,245 4,536
Total Assets 1,167,880 1,206,694
Current liabilities:    
Accounts payable and accrued expenses 76,885 92,182
Current maturities of long-term debt 0 0
Current portion of finance lease obligation 207 205
Current portion of operating lease obligation 787 796
Total current liabilities 77,879 93,183
Long-term finance lease obligation 600 652
Long-term operating lease obligation 1,545 1,735
Other noncurrent liabilities 9,155 8,681
Deferred income taxes 86,756 92,768
Total liabilities 175,935 197,019
Commitments and contingencies - see Note 11
Stockholders’ equity:    
Paid-in capital 61,267 60,372
Retained earnings 956,170 975,147
Accumulated other comprehensive income,net of tax $ 433 $ 79
Treasury stock, shares (in shares) 26,289 26,287
Common stock in treasury at cost $ (26,676) $ (26,674)
Total Cal-Maine Foods, Inc. stockholders’ equity 991,945 1,009,675
Total Liabilities and Stockholders' Equity $ 1,167,880 $ 1,206,694
Common Stock    
Current liabilities:    
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 120,000 70,261
Stockholders’ equity:    
Common stock $ 703 $ 703
Class A Common Stock    
Current liabilities:    
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 4,800 4,800
Common stock, shares issued (in shares) 4,800 4,800
Stockholders’ equity:    
Common stock $ 48 $ 48