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Net Income Per Common Share
 6 Months Ended
Nov. 26, 2016
Earnings Per Share [Abstract]  
Net Income Per Common Share
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 restricted stock.  Due to the net loss in the thirteen and twenty-six weeks ended November 26, 2016, restricted shares in the amount of 155,285 and 147,753, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive.  The computations of basic and diluted net income per share attributable to the Company are as follows (in thousands, except per share data):


 
13 Weeks Ended
 
26 Weeks Ended

 
November 26, 2016
 
November 28, 2015
 
November 26, 2016
 
November 28, 2015
Net income (loss) attributable to Cal-Maine Foods, Inc.
 
$
(23,010
)
 
$
109,230

 
$
(53,946
)
 
$
252,253


 
 
 
 
 
 

 
 

Basic weighted-average common shares
 
48,250

 
48,164

 
48,249

 
48,164

Effect of dilutive securities:
 
 
 
 
 
 

 
 

Restricted shares
 
—

 
197

 
—

 
190

Dilutive potential common shares
 
48,250

 
48,361

 
48,249

 
48,354


 
 
 
 
 
 

 
 

Net income (loss) per common share
 
 
 
 
 
 

 
 

attributable to Cal-Maine Foods, Inc.:
 
 
 
 
 
 

 
 

Basic
 
$
(0.48
)
 
$
2.27

 
$
(1.12
)
 
$
5.24

Diluted
 
$
(0.48
)
 
$
2.26

 
$
(1.12
)
 
$
5.22