Noncontrolling Interest

3 Months Ended

Sep. 01, 2012

12. Noncontrolling Interest

The following reflects the equity activity, including our noncontrolling interest, for the thirteen-week period ended September 1, 2012:



	Cal-Maine Foods, Inc.
	Common Stock
		Class A	Treasury	Paid In	Accum. Other	Retained	Noncontrolling
	Amount	Amount	Amount	Capital	Comp. Loss	Earnings	Interests	Total
Balance at June 2, 2012	$ 351	$ 24	($20,843)	$ 33,651	($222)	$ 466,164	$ 203	$ 479,328
Dividends*	-	-	-	-	-	(3,159)	-	(3,159)
Reclass equity portion of Texas Egg Products, LLC in connection with purchase of shell egg operations of Pilgrim's Pride	-	-	-	-	-	53	(53)	-
Unrealized gain on securities, net of tax	-	-	-	-	262	-	-	262
Net income (loss)	-	-	-	-	-	9,415	105	9,520
Balance at September 1, 2012	$ 351	$ 24	($20,843)	$ 33,651	$ 40	$ 472,473	$ 255	$ 485,951

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* Dividends are calculated as 1/3 of net income (includes adjustment for actual dividends paid based on accrual from previous period).

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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