Equity

9 Months Ended

Feb. 27, 2021

Equity [Abstract]

Equity

Note 6 - Equity

The following reflects the equity activity, for the thirteen and thirty-nine weeks ended February 27, 2021 and February 29, 2020

(in thousands):

Thirty-nine Weeks Ended February 27, 2021

Cal-Maine Foods, Inc. Stockholders

Common Stock

Class A

Treasury

Paid In

Accum. Other

Retained

Amount

Amount

Amount

Capital

Comp. Income

Earnings

Total

Balance at May 30, 2020

$

703

$

48

$

(26,674)

$

60,372

$

79

$

975,147

$

1,009,675

Impact of ASC 326, see

Note 1

—

—

—

—

—

422

422

Balance at May 31, 2020

703

48

(26,674)

60,372

79

975,569

1,010,097

Other comprehensive loss, net of

tax

—

—

—

—

(214)

—

(214)

Restricted stock forfeitures

—

—

(4)

4

—

—

—

Purchase of company stock

—

—

(871)

—

—

—

(871)

Restricted stock compensation

—

—

—

2,789

—

—

2,789

Contributions

—

—

—

5

—

—

5

Dividends

—

—

—

—

—

(1,661)

(1,661)

Net income

—

—

—

—

—

6,304

6,304

Balance at February 27, 2021

$

703

$

48

$

(27,549)

$

63,170

$

(135)

$

980,212

$

1,016,449

Thirty-nine Weeks Ended February 29, 2020

Cal-Maine Foods, Inc. Stockholders

Common Stock

Class A

Treasury

Paid In

Accum. Other

Retained

Noncontrolling

Amount

Amount

Amount

Capital

Comp. Income

Earnings

Interest

Total

Balance at June 01, 2019

$

703

$

48

$

(25,866)

$

56,857

$

355

$

954,527

$

3,182

$

989,806

Other comprehensive

loss, net of tax

—

—

—

—

(653)

—

—

(653)

Restricted stock

forfeitures

—

—

102

(102)

—

—

—

—

Purchase of company

stock

—

—

(910)

—

—

—

—

(910)

Distributions to

noncontrolling interest

partners

—

—

—

—

—

—

(755)

(755)

Reclass of equity portion

of Texas Egg Products,

LLC in connection with

acquisition

—

—

—

—

—

1,779

(1,779)

—

Restricted stock

compensation

—

—

—

2,680

—

—

—

2,680

Net loss

—

—

—

—

—

(42,072)

(64)

(42,136)

Balance at February 29,

2020

$

703

$

48

$

(26,674)

$

59,435

$

(298)

$

914,234

$

584

$

948,032

Thirteen Weeks Ended February 27, 2021

Cal-Maine Foods, Inc. Stockholders

Common Stock

Class A

Treasury

Paid In

Accum. Other

Retained

Amount

Amount

Amount

Capital

Comp. Income

Earnings

Total

Balance at November 28, 2020

$

703

$

48

$

(26,723)

$

62,206

$

151

$

968,325

$

1,004,710

Other comprehensive loss, net of

tax

—

—

—

—

(286)

—

(286)

Purchase of company stock

—

—

(826)

—

—

—

(826)

Restricted stock compensation

—

—

—

964

—

—

964

Dividends

—

—

—

—

—

(1,661)

(1,661)

Net income

—

—

—

—

—

13,548

13,548

Balance at February 27, 2021

$

703

$

48

$

(27,549)

$

63,170

$

(135)

$

980,212

$

1,016,449

Thirteen Weeks Ended February 29, 2020

Cal-Maine Foods, Inc. Stockholders

Common Stock

Class A

Treasury

Paid In

Accum. Other

Retained

Noncontrolling

Amount

Amount

Amount

Capital

Comp. Income

Earnings

Interest

Total

Balance at November 30,

2019

$

703

$

48

$

(25,888)

$

58,652

$

(269)

$

900,485

$

562

$

934,293

Other comprehensive

loss, net of tax

—

—

—

—

(29)

—

—

(29)

Restricted stock

forfeitures

—

—

103

(103)

—

—

—

—

Purchase of company

stock

—

—

(889)

—

—

—

—

(889)

Restricted stock

compensation

—

—

—

886

—

—

—

886

Net income

—

—

—

—

—

13,749

22

13,771

Balance at February 29,

2020

$

703

$

48

$

(26,674)

$

59,435

$

(298)

$

914,234

$

584

$

948,032