XML 20 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 03, 2023
May 28, 2022
May 29, 2021
Consolidated Statements of Income [Abstract]      
Net sales $ 3,146,217 $ 1,777,159 $ 1,348,987
Cost of sales 1,949,760 1,440,100 1,188,326
Gross profit 1,196,457 337,059 160,661
Selling, general and administrative 232,207 198,631 183,943
Gain on insurance recoveries (3,345) (5,492) 0
(Gain) loss on disposal of fixed assets (131) 383 2,982
Operating income (loss) 967,726 143,537 (26,264)
Other income (expense):      
Interest expense (583) (403) (213)
Interest income 18,553 988 2,828
Patronage dividends 10,239 10,130 9,004
Equity in income of unconsolidated entities 746 1,943 622
Other, net 1,869 9,820 4,074
Total other income 30,824 22,478 16,315
Income (loss) before income taxes 998,550 166,015 (9,949)
Income tax expense (benefit) 241,818 33,574 (12,009)
Net income 756,732 132,441 2,060
Less: Net loss attributable to noncontrolling interest (1,292) (209) 0
Net income attributable to Cal-Maine Foods, Inc. $ 758,024 $ 132,650 $ 2,060
Net income per common share:      
Basic (in dollars per share) $ 15.58 $ 2.73 $ 0.04
Diluted (in dollars per share) $ 15.52 $ 2.72 $ 0.04
Weighted average shares outstanding:      
Basic (in shares) 48,648 48,581 48,522
Diluted (in shares) 48,834 48,734 48,656