Net Income (Loss) per Common Share (Tables)

9 Months Ended

Feb. 27, 2021

Net Income (Loss) per Common Share [Abstract]

Computation of Basic and Diluted Net Income Per Share Attributable to the Company

Thirteen Weeks Ended

Thirty-nine Weeks Ended

February 27, 2021

February 29, 2020

February 27, 2021

February 29, 2020

Numerator

Net income (loss)

$

13,548

$

13,771

$

6,304

$

(42,136)

Less: Income (loss) attributable to

noncontrolling interest

—

22

—

(64)

Net income (loss) attributable to Cal-

Maine Foods, Inc.

$

13,548

$

13,749

$

6,304

$

(42,072)

Denominator

Weighted-average common shares

outstanding, basic

48,530

48,473

48,511

48,455

Effect of dilutive restricted shares

129

115

138

—

Weighted-average common shares

outstanding, diluted

48,659

48,588

48,649

48,455

Net income (loss) per common share

attributable to Cal-Maine Foods, Inc.

Basic

$

0.28

$

0.28

$

0.13

$

(0.87)

Diluted

$

0.28

$

0.28

$

0.13

$

(0.87)