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Net Income Per Common Share
 3 Months Ended
Sep. 01, 2012
Net Income Per Common Share [Abstract]  
Net Income Per Common Share

6.  Net Income per Common Share  

 

Basic net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period.  Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of options.  The computations of basic and diluted net income per share attributable to the Company are as follows:

 

13 Weeks Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 1, 2012

 

August 27, 2011

Net income attributable to

 

 

 

 

 

Cal-Maine Foods, Inc.

$
9,415 

 

$
3,117 

 

 

 

 

 

 

Basic weighted-average common shares

 
23,921 

 

 
23,867 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Common stock options

 
37 

 

 
78 

Dilutive potential common shares

 
23,958 

 

 
23,945 

 

 

 

 

 

 

Net income per common share

 

 

 

 

 

attributable to Cal-Maine Foods, Inc.:

 

 

 

 

 

Basic

$
0.39 

 

$
0.13 

Diluted

$
0.39 

 

$
0.13