Net Income Per Common Share

9 Months Ended

Mar. 01, 2014

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 and restricted stock.  The computations of basic and diluted net income per share attributable to the Company are as follows (in thousands, except per share data):

	13 Weeks Ended				39 Weeks Ended
	March 1, 2014		March 2, 2013		March 1, 2014		March 2, 2013
Net income attributable to
Cal-Maine Foods, Inc.	$	42,853	$	30,551	$	77,715	$	54,256
Basic weighted-average common shares		24,047		24,035		24,061		23,966
Effect of dilutive securities:
Restricted shares		95		32		74		10
Common stock options		20		37		20		37
Dilutive potential common shares		24,162		24,104		24,155		24,013
Net income per common share
attributable to Cal-Maine Foods, Inc.:
Basic	$	1.78	$	1.27	$	3.23	$	2.26
Diluted	$	1.77	$	1.27	$	3.22	$	2.26