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10-Q Filing

CAL-MAINE FOODS INC CIK: 16160 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000016160-17-000028
Period End Date 20170831
Filing Date 20171002
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance calm-20170902.xml
Filing Contents
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $435.00K USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $386.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.65M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $18.94M USD Point-in-time
Investment securities available-for-sale AvailableForSaleSecuritiesCurrent $138.46M USD Point-in-time
Investment securities available-for-sale AvailableForSaleSecuritiesCurrent $107.03M USD Point-in-time
Trade and other receivables (less allowance for doubtful accounts of $435 and $386 at September 2, 2017 and June 3, 2017, respectively) AccountsReceivableNetCurrent $75.63M USD Point-in-time
Trade and other receivables (less allowance for doubtful accounts of $435 and $386 at September 2, 2017 and June 3, 2017, respectively) AccountsReceivableNetCurrent $64.51M USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 26.49M shares Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 26.48M shares Point-in-time
Income tax receivable DeferredIncomeTaxesAndOtherTaxReceivableCurrent $52.69M USD Point-in-time
Income tax receivable DeferredIncomeTaxesAndOtherTaxReceivableCurrent $55.97M USD Point-in-time
Inventories InventoryNet $160.69M USD Point-in-time
Inventories InventoryNet $159.23M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.75M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $2.29M USD Point-in-time
Total current assets AssetsCurrent $436.21M USD Point-in-time
Total current assets AssetsCurrent $420.55M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $458.18M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $452.10M USD Point-in-time
Other investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $69.30M USD Point-in-time
Other investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $69.44M USD Point-in-time
Goodwill Goodwill $35.52M USD Point-in-time
Goodwill Goodwill $35.52M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $29.15M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $28.59M USD Point-in-time
Other assets OtherAssetsNoncurrent $4.73M USD Point-in-time
Other assets OtherAssetsNoncurrent $4.83M USD Point-in-time
TOTAL ASSETS Assets $1.03B USD Point-in-time
TOTAL ASSETS Assets $1.01B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $59.85M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $58.39M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $4.83M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $4.68M USD Point-in-time
Total current liabilities LiabilitiesCurrent $64.68M USD Point-in-time
Total current liabilities LiabilitiesCurrent $63.07M USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $5.05M USD Point-in-time
Long-term debt, less current maturities LongTermDebtAndCapitalLeaseObligations $6.11M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $7.57M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $7.53M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $105.88M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $110.28M USD Point-in-time
Total liabilities Liabilities $188.60M USD Point-in-time
Total liabilities Liabilities $181.56M 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 $50.79M USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $49.93M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $800.05M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $816.05M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-128.00K USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-96.00K USD Point-in-time
Common stock in treasury at cost 26,488 and 26,484 shares at September 3, 2017 and June 3, 2017, respectively TreasuryStockValue $23.91M USD Point-in-time
Common stock in treasury at cost 26,488 and 26,484 shares at September 3, 2017 and June 3, 2017, respectively TreasuryStockValue $23.94M USD Point-in-time
Total Cal-Maine Foods, Inc. stockholders equity StockholdersEquity $827.56M USD Point-in-time
Total Cal-Maine Foods, Inc. stockholders equity StockholdersEquity $842.69M USD Point-in-time
Noncontrolling interest in consolidated entities MinorityInterest $1.90M USD Point-in-time
Noncontrolling interest in consolidated entities MinorityInterest $1.81M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $829.47M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $844.49M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $1.01B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $1.03B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $262.85M USD 1 Quarter
Net sales SalesRevenueNet $239.84M USD 1 Quarter
Cost of sales CostOfGoodsSold $249.41M USD 1 Quarter
Cost of sales CostOfGoodsSold $245.51M USD 1 Quarter
Gross profit (loss) GrossProfit $17.34M USD 1 Quarter
Gross profit (loss) GrossProfit $-9.57M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $41.71M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $40.26M USD 1 Quarter
Loss on disposal of fixed assets DisposalGroupNotDiscontinuedOperationGainLossOnDisposal $-525.00K USD 1 Quarter
Loss on disposal of fixed assets DisposalGroupNotDiscontinuedOperationGainLossOnDisposal $-4.00K USD 1 Quarter
Operating loss OperatingIncomeLoss $-50.35M USD 1 Quarter
Operating loss OperatingIncomeLoss $-24.38M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $1.09M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $474.00K USD 1 Quarter
Royalty income RoyaltyIncomeNonoperating $278.00K USD 1 Quarter
Royalty income RoyaltyIncomeNonoperating $406.00K USD 1 Quarter
Equity in income (loss) of affiliates IncomeLossFromEquityMethodInvestments $191.00K USD 1 Quarter
Equity in income (loss) of affiliates IncomeLossFromEquityMethodInvestments $-353.00K USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $122.00K USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-538.00K USD 1 Quarter
Total other income (loss) NonoperatingIncomeExpense $1.81M USD 1 Quarter
Total other income (loss) NonoperatingIncomeExpense $-139.00K USD 1 Quarter
Loss before income taxes and noncontrolling interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-24.52M USD 1 Quarter
Loss before income taxes and noncontrolling interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-48.54M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-8.34M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-17.56M USD 1 Quarter
Net loss before noncontrolling interest ProfitLoss $-16.18M USD 1 Quarter
Net loss before noncontrolling interest ProfitLoss $-30.98M USD 1 Quarter
Less: Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-44.00K USD 1 Quarter
Less: Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-184.00K USD 1 Quarter
Net loss attributable to Cal-Maine Foods, Inc. NetIncomeLoss $-15.99M USD 1 Quarter
Net loss attributable to Cal-Maine Foods, Inc. NetIncomeLoss $-30.94M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.33 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.64 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.64 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.33 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 48.33M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 48.25M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 48.25M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 48.33M shares 1 Quarter
Cash Flow Statement 40 line items
Line Item Tag Value Unit Period
Net loss, including noncontrolling interests ProfitLoss $-16.18M USD 1 Quarter
Net loss, including noncontrolling interests ProfitLoss $-30.98M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $11.16M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $13.14M USD 1 Quarter
Other adjustments, net OtherOperatingActivitiesCashFlowStatement $-25.63M USD 1 Quarter
Other adjustments, net OtherOperatingActivitiesCashFlowStatement $-18.45M USD 1 Quarter
Net cash used in operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-45.45M USD 1 Quarter
Net cash used in operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-21.49M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $9.01M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $2.65M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $34.10M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $92.83M USD 1 Quarter
Investment in joint ventures PaymentsToAcquireInterestInJointVenture $1.20M USD 1 Quarter
Investment in joint ventures PaymentsToAcquireInterestInJointVenture $5.50M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $6.52M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $23.89M USD 1 Quarter
Payments received on notes receivable and from affiliates ProceedsFromSaleAndCollectionOfNotesReceivable $1.25M USD 1 Quarter
Payments received on notes receivable and from affiliates ProceedsFromSaleAndCollectionOfNotesReceivable $8.00K USD 1 Quarter
Net proceeds from disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $10.00K USD 1 Quarter
Net proceeds from disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $74.00K USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $55.69M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $23.82M USD 1 Quarter
Purchase of common stock by treasury PaymentsForRepurchaseOfCommonStock $40.00K USD 1 Quarter
Purchase of common stock by treasury PaymentsForRepurchaseOfCommonStock $21.00K USD 1 Quarter
Contributions from (distributions to) noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $279.00K USD 1 Quarter
Contributions from (distributions to) noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $-73.00K USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebt $1.21M USD 1 Quarter
Principal payments on long-term debt RepaymentsOfLongTermDebt $1.53M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.64M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-950.00K USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.38M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $8.60M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $37.65M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $17.56M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $29.05M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $18.94M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $37.65M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $17.56M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $29.05M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $18.94M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net loss, including noncontrolling interests ProfitLoss $-16.18M USD 1 Quarter
Net loss, including noncontrolling interests ProfitLoss $-30.98M USD 1 Quarter
Unrealized holding gain on available-for-sale securities, net of reclassification adjustments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $51.00K USD 1 Quarter
Unrealized holding gain on available-for-sale securities, net of reclassification adjustments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $502.00K USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $19.00K USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $191.00K USD 1 Quarter
Other comprehensive gain, net of tax OtherComprehensiveIncomeLossNetOfTax $311.00K USD 1 Quarter
Other comprehensive gain, net of tax OtherComprehensiveIncomeLossNetOfTax $32.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-16.14M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-30.67M USD 1 Quarter
Less: comprehensive loss attributable to the noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-184.00K USD 1 Quarter
Less: comprehensive loss attributable to the noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-44.00K USD 1 Quarter
Comprehensive loss attributable to Cal-Maine Foods, Inc. ComprehensiveIncomeNetOfTax $-30.62M USD 1 Quarter
Comprehensive loss attributable to Cal-Maine Foods, Inc. ComprehensiveIncomeNetOfTax $-15.96M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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