XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 02, 2023
Aug. 27, 2022
Condensed Consolidated Statements of Income [Abstract]    
Net sales $ 459,344 $ 658,344
Cost of sales 413,911 440,854
Gross profit 45,433 217,490
Selling, general and administrative 52,246 53,607
(Gain) loss on disposal of fixed assets (56) 33
Operating income (loss) (6,757) 163,850
Other income (expense):    
Interest income, net 7,346 903
Royalty income 349 428
Equity income (loss) of unconsolidated entities (470) 144
Other, net 265 155
Total other income, net 7,490 1,630
Income before income taxes 733 165,480
Income tax expense 322 40,346
Net income 411 125,134
Less: Loss attributable to noncontrolling interest (515) (153)
Net income attributable to Cal-Maine Foods, Inc. $ 926 $ 125,287
Net income per common share:    
Basic (in dollars per share) $ 0.02 $ 2.58
Diluted (in dollars per share) $ 0.02 $ 2.57
Weighted average shares outstanding:    
Basic (in shares) 48,690 48,623
Diluted (in shares) 48,840 48,811