Noncontrolling Interest

3 Months Ended

Aug. 27, 2011

12.Noncontrolling Interest

The following reflects the equity activity, including our noncontrolling interest, for the thirteen-week period ended August 27, 2011:

	Cal-Maine Foods, Inc.
	Common Stock
(in thousands)	Amount	Class A Amount	Treasury Amount	Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Noncontrolling Interest	Total Equity
Balance at May 28, 2011	$ 351	$ 24	$ (20,929)	$ 33,419	$ (320)	$ 406,361	$ (29)	$ 418,877
Dividends*						(1,050)		(1,050)
Issuance of common stock from treasury			9	26				35
Tax benefit on non-qualifying disposition of incentive stock options				167				167
Unrealized gain on available-for-sale securities, net of tax					489			489
Net income (loss)						3,117	(63)	3,054

Balance at August 27, 2011	$ 351	$ 24	$ (20,920)	$ 33,612	$ 169	$ 408,428	$ (92)	$ 421,572

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* Dividends are calculated as 1/3 of net income (includes adjustment for actual dividends paid based on accrual from previous period).

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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