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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 02, 2023
Jun. 03, 2023
Current assets:    
Cash and cash equivalents $ 360,343 $ 292,824
Investment securities available-for-sale 249,619 355,090
Trade and other receivables, net 125,363 120,247
Income tax receivable 33,787 66,966
Inventories 280,801 284,418
Prepaid expenses and other current assets 14,145 5,380
Total current assets 1,064,058 1,124,925
Property, plant & equipment, net 752,580 744,540
Investments in unconsolidated entities 13,978 14,449
Goodwill 44,006 44,006
Intangible assets, net 15,347 15,897
Other long-term assets 10,398 10,708
Total Assets 1,900,367 1,954,525
Current liabilities:    
Accounts payable and accrued expenses 117,800 137,313
Accrued income taxes payable 8,288 8,288
Dividends payable 294 37,130
Total current liabilities 126,382 182,731
Other noncurrent liabilities 9,930 9,999
Deferred income taxes, net 152,725 152,212
Total liabilities 289,037 344,942
Commitments and contingencies - see Note 9
Stockholders' equity:    
Paid-in capital 73,153 72,112
Retained earnings 1,571,744 1,571,112
Accumulated other comprehensive loss, net of tax (2,291) (2,886)
Common stock in treasury at cost - 26,078 shares at September 2, 2023 and 26,077 shares at June 3, 2023 (30,014) (30,008)
Total Cal-Maine Foods, Inc. stockholders' equity 1,613,343 1,611,081
Noncontrolling interest in consolidated entity (2,013) (1,498)
Total stockholders' equity 1,611,330 1,609,583
Total Liabilities and Stockholders' Equity 1,900,367 1,954,525
Common Stock [Member]    
Stockholders' equity:    
Common stock ($0.01 par value): 703 703
Class A Convertible Common Stock [Member]    
Stockholders' equity:    
Common stock ($0.01 par value): $ 48 $ 48