Accrued Dividends Payable and Dividends per Common Share (Tables)

6 Months Ended

Nov. 28, 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				26 Weeks Ended
	November 28, 2020		November 30, 2019		November 28, 2020		November 30, 2019
Net income (loss) attributable to Cal-Maine Foods, Inc.	$	12,155	$	(10,061)	$	(7,244)	$	(55,821)
Cumulative losses to be recovered prior to payment of divided at beginning of period	(20,769)		(65,521)		(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)	43,968
Class A common stock outstanding (shares)	4,800
Total common stock outstanding (shares)	48,768
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).