Accrued Dividends Payable And Dividends per Common Share (Tables)

9 Months Ended

Mar. 02, 2019

Earnings Per Share Reconciliation [Abstract]

Schedule of Dividends

On our condensed consolidated statement of income, we determine dividends per common share in accordance with the computation in the following table (in thousands, except per share data):

	13 Weeks Ended				39 Weeks Ended
	March 2, 2019		March 3, 2018		March 2, 2019		March 3, 2018
Net income attributable to Cal-Maine Foods, Inc.	$	39,777	$	96,294	$	73,989	$	54,165
Net income attributable to Cal-Maine Foods, Inc. available for dividend	$	39,777	$	—	$	73,989	$	—
1/3 of net income attributable to Cal-Maine Foods, Inc. available for dividend	$	13,245	$	—	$	24,626	$	—
Common stock outstanding (shares)	43,894		43,773
Class A common stock outstanding (shares)	4,800		4,800
Total common stock outstanding (shares)	48,694		48,573
Dividends per common share*	$	0.272	$	—	$	0.506	$	—

*Dividends per common share = 1/3 of Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend ÷ Total common stock outstanding (shares).