Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 02, 2017	Jun. 03, 2017
Current assets:
Cash and cash equivalents	$ 19,808	$ 17,564
Investment securities available-for-sale	189,492	138,462
Trade and other receivables (less allowance for doubtful accounts of $916 and $386 at December 2, 2017 and June 3, 2017, respectively)	111,290	64,509
Income tax receivable	0	52,691
Inventories	163,041	160,692
Prepaid expenses and other current assets	2,556	2,288
Total current assets	486,187	436,206
Property, plant and equipment, net	443,093	458,184
Other investments	68,821	69,296
Goodwill	35,525	35,525
Other intangible assets, net	27,726	29,149
Other assets	4,779	4,734
TOTAL ASSETS	1,066,131	1,033,094
Current liabilities:
Accounts payable and accrued expenses	89,883	59,853
Accrued legal settlement expense - see Notes 4 and 10	80,750	0
Current maturities of long-term debt and capital lease obligations	4,316	4,826
Total current liabilities	174,949	64,679
Long-term debt and capital lease obligations, less current maturities	4,204	6,113
Other noncurrent liabilities	7,689	7,527
Deferred income taxes	75,335	110,282
Total liabilities	262,177	188,601
Commitments and Contingencies - see Note 4
Stockholders’ equity:
Paid-in capital	51,670	49,932
Retained earnings	773,917	816,046
Accumulated other comprehensive loss, net of tax	(400)	(128)
Common stock in treasury at cost – 26,486 and 26,484 shares at December 2, 2017 and June 3, 2017, respectively	(23,940)	(23,914)
Total Cal-Maine Foods, Inc. stockholders’ equity	801,998	842,687
Noncontrolling interest in consolidated entities	1,956	1,806
Total stockholders’ equity	803,954	844,493
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	1,066,131	1,033,094
Common Stock
Stockholders’ equity:
Common stock	703	703
Class A Common Stock
Stockholders’ equity:
Common stock	$ 48	$ 48

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.