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Net Income Per Common Share
6 Months Ended
Dec. 01, 2012
Net Income Per Common Share [Abstract]  
Net Income Per Common Share

6.   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.  The computations of basic and diluted net income per share attributable to the Company are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

26 Weeks Ended

 

December 1, 2012

 

November 26, 2011

 

December 1, 2012

 

November 26, 2011

Net income attributable to

 

 

 

 

 

 

 

 

 

 

 

Cal-Maine Foods, Inc.

$

14,290 

 

$

23,260 

 

$

23,705 

 

$

26,377 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

23,941 

 

 

23,871 

 

 

23,931 

 

 

23,869 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Common stock options

 

37 

 

 

79 

 

 

37 

 

 

78 

Dilutive potential common shares

 

23,978 

 

 

23,950 

 

 

23,968 

 

 

23,947 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

attributable to Cal-Maine Foods, Inc.:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.60 

 

$

0.97 

 

$

0.99 

 

$

1.11 

Diluted

$

0.60 

 

$

0.97 

 

$

0.99 

 

$

1.10