Accrued Dividends Payable and Dividends per Common Share (Tables)

3 Months Ended

Aug. 29, 2020

Earnings Per Share Reconciliation [Abstract]

Schedule of Dividends

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

	13 Weeks Ended
	August 29, 2020		August 31, 2019
Net loss attributable to Cal-Maine Foods, Inc.	$	(19,399)	$	(45,760)
Cumulative losses to be recovered prior to payment of divided at beginning of period	(1,370)		(19,761)
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend	$	—	$	—
1/3 of net income attributable to Cal-Maine Foods, Inc. available for dividend	—
Common stock outstanding (shares)	43,972
Class A common stock outstanding (shares)	4,800
Total common stock outstanding (shares)	48,772
Dividends per common share*	$	—

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