Net Income Per Common Share

3 Months Ended

Aug. 27, 2011

Net Income Per Common Share

Net Income Per Common Share

5. Net Income per Common Share  

Basic net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of options and warrants.  The computations of basic and diluted net income per share attributable to the Company are as follows:

13 weeks ended

	August 27, 2011	August 28, 2010
Net income attributable to
Cal-Maine Foods, Inc.	$              3,117	$              4,763
Basic weighted-average common shares	23,867	23,842
Effect of dilutive securities:
Common stock options	78	93
Dilutive potential common shares	23,945	23,935
Net income per common share  attributable to Cal-Maine Foods, Inc.:
Basic	$                0.13	$                0.20
Diluted	$                0.13	$                0.20