10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000016160-14-000028 |
| Period End Date | 20140831 |
| Filing Date | 20140929 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | calm-20140830.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$496.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$430.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.42M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$14.55M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$14.52M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$196.43M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$194.74M | USD | Point-in-time |
| Trade receivables (less allowance for doubtful accounts of $496 at August 30, 2014 and $430 at May 31, 2014) and other receivables |
AccountsReceivableNetCurrent
|
$87.52M | USD | Point-in-time |
| Trade receivables (less allowance for doubtful accounts of $496 at August 30, 2014 and $430 at May 31, 2014) and other receivables |
AccountsReceivableNetCurrent
|
$89.76M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
24.11M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
24.19M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
13.34M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$146.12M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
13.35M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$144.63M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.50M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.24M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$445.39M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$449.61M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$314.94M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$326.39M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$29.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$29.20M | USD | Point-in-time |
| Other investments |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$9.83M | USD | Point-in-time |
| Other investments |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$6.79M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$10.42M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$9.70M | USD | Point-in-time |
| Other long-lived assets |
OtherAssetsNoncurrent
|
$4.58M | USD | Point-in-time |
| Other long-lived assets |
OtherAssetsNoncurrent
|
$4.72M | USD | Point-in-time |
| Notes receivable - noncurrent |
NotesAndLoansReceivableNetNoncurrent
|
$211.00K | USD | Point-in-time |
| Notes receivable - noncurrent |
NotesAndLoansReceivableNetNoncurrent
|
$52.00K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$811.66M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$829.36M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$73.24M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$69.94M | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrent
|
$10.50M | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrent
|
$9.22M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$10.12M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$10.22M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$30.30M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$30.45M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$121.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$122.88M | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtNoncurrent
|
$50.88M | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtNoncurrent
|
$48.35M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$4.44M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$4.39M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$40.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$39.94M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$216.92M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$215.56M | USD | Point-in-time |
| Commitments and Contingencies - see Note 4 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies - see Note 4 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$40.48M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$40.98M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$591.31M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$572.87M | USD | Point-in-time |
| Accumulated other comprehensive income, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$551.00K | USD | Point-in-time |
| Accumulated other comprehensive income, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$561.00K | USD | Point-in-time |
| Common stock in treasury at cost 13,340 shares at August 30, 2014 and 13,350 at May 31, 2014, respectively |
TreasuryStockValue
|
$20.44M | USD | Point-in-time |
| Common stock in treasury at cost 13,340 shares at August 30, 2014 and 13,350 at May 31, 2014, respectively |
TreasuryStockValue
|
$20.45M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$593.83M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$612.78M | USD | Point-in-time |
| Noncontrolling interest in consolidated entities |
MinorityInterest
|
$912.00K | USD | Point-in-time |
| Noncontrolling interest in consolidated entities |
MinorityInterest
|
$1.01M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$613.80M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$594.75M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$829.36M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$811.66M | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$356.94M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$319.53M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$274.62M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$275.84M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$44.91M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$81.10M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$33.84M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$39.94M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$41.16M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$11.07M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-534.00K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-796.00K | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$1.86M | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$572.00K | USD | 1 Quarter |
| Patronage dividends |
PatronageRefunds
|
$-237.00K | USD | 1 Quarter |
| Equity in income of affiliates |
IncomeLossFromEquityMethodInvestments
|
$310.00K | USD | 1 Quarter |
| Equity in income of affiliates |
IncomeLossFromEquityMethodInvestments
|
$290.00K | USD | 1 Quarter |
| Other |
OtherNonoperatingIncomeExpense
|
$1.04M | USD | 1 Quarter |
| Other |
OtherNonoperatingIncomeExpense
|
$1.35M | USD | 1 Quarter |
| Nonoperating income (expense), total |
NonoperatingIncomeExpense
|
$1.62M | USD | 1 Quarter |
| Nonoperating income (expense), total |
NonoperatingIncomeExpense
|
$2.71M | USD | 1 Quarter |
| Income before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$13.78M | USD | 1 Quarter |
| Income before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$42.79M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$14.60M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$4.88M | USD | 1 Quarter |
| Net income before noncontrolling interest |
ProfitLoss
|
$28.18M | USD | 1 Quarter |
| Net income before noncontrolling interest |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$142.00K | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$530.00K | USD | 1 Quarter |
| Net income attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$27.66M | USD | 1 Quarter |
| Net income attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$8.76M | USD | 1 Quarter |
| Net income attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$-3.83M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.15 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.14 | USD | 1 Quarter |
| Dividends per common share |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Dividends per common share |
CommonStockDividendsPerShareDeclared
|
$0.38 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
24.07M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
24.04M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
24.20M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
24.13M | shares | 1 Quarter |
Cash Flow Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income including noncontrolling interest |
ProfitLoss
|
$28.18M | USD | 1 Quarter |
| Net income including noncontrolling interest |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$9.12M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$8.89M | USD | 1 Quarter |
| Other adjustments, net |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-26.16M | USD | 1 Quarter |
| Other adjustments, net |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$649.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$37.96M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-8.37M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$13.18M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$43.71M | USD | 1 Quarter |
| Sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$41.93M | USD | 1 Quarter |
| Sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$29.20M | USD | 1 Quarter |
| Investment in Southwest Specialty, LLC |
PaymentsToAcquireInterestInJointVenture
|
$3.01M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.46M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.52M | USD | 1 Quarter |
| Payments received on notes receivable and from affiliates |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$745.00K | USD | 1 Quarter |
| Payments received on notes receivable and from affiliates |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$3.73M | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$86.00K | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$22.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-24.49M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$8.31M | USD | 1 Quarter |
| Proceeds from issuance of common stock from treasury, net (including tax benefit on nonqualifying disposition of incentive stock options) |
ProceedsFromSaleOfTreasuryStock
|
$60.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock from treasury, net (including tax benefit on nonqualifying disposition of incentive stock options) |
ProceedsFromSaleOfTreasuryStock
|
$219.00K | USD | 1 Quarter |
| Distributions to noncontrolling interests |
PaymentsToMinorityShareholders
|
$429.00K | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$2.73M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$2.62M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$10.45M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-13.44M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.51M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-2.56M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$31.00K | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.42M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.98M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.55M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.52M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.42M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.98M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.55M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.52M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income including noncontrolling interest |
ProfitLoss
|
$28.18M | USD | 1 Quarter |
| Net income including noncontrolling interest |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Unrealized holding loss on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-76.00K | USD | 1 Quarter |
| Unrealized holding loss on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-16.00K | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$-16.00K | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$-76.00K | USD | 1 Quarter |
| Income tax benefit related to items of other comprehensive income (loss) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-30.00K | USD | 1 Quarter |
| Income tax benefit related to items of other comprehensive income (loss) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-6.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-46.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-10.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$28.18M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$8.85M | USD | 1 Quarter |
| Less: comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$530.00K | USD | 1 Quarter |
| Less: comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$142.00K | USD | 1 Quarter |
| Comprehensive income attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$27.64M | USD | 1 Quarter |
| Comprehensive income attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$8.71M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.