10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000016160-20-000097 |
| Period End Date | 20200831 |
| Filing Date | 20200928 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | calm-20200829_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
69 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$744.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$631.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$42.81M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$78.13M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$154.16M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$150.52M | USD | Point-in-time |
| Trade and other receivables, net |
AccountsReceivableNetCurrent
|
$98.38M | USD | Point-in-time |
| Trade and other receivables, net |
AccountsReceivableNetCurrent
|
$83.82M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
48.77M | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
26.29M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$189.22M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
26.29M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$187.22M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.37M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.81M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$522.25M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$473.18M | USD | Point-in-time |
| Property, plant & equipment, net |
PropertyPlantAndEquipmentNet
|
$568.60M | USD | Point-in-time |
| Property, plant & equipment, net |
PropertyPlantAndEquipmentNet
|
$557.38M | USD | Point-in-time |
| Finance lease right-of-use asset, net |
FinanceLeaseRightOfUseAsset
|
$678.00K | USD | Point-in-time |
| Finance lease right-of-use asset, net |
FinanceLeaseRightOfUseAsset
|
$640.00K | USD | Point-in-time |
| Operating lease right-of-use asset, net |
OperatingLeaseRightOfUseAsset
|
$2.33M | USD | Point-in-time |
| Operating lease right-of-use asset, net |
OperatingLeaseRightOfUseAsset
|
$2.53M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$60.98M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$60.29M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$35.52M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$35.52M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$22.82M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$22.07M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$5.25M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$4.54M | USD | Point-in-time |
| Total Assets |
Assets
|
$1.17B | USD | Point-in-time |
| Total Assets |
Assets
|
$1.21B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$76.89M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$92.18M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
- | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
- | USD | Point-in-time |
| Current portion of finance lease obligation |
FinanceLeaseLiabilityCurrent
|
$205.00K | USD | Point-in-time |
| Current portion of finance lease obligation |
FinanceLeaseLiabilityCurrent
|
$207.00K | USD | Point-in-time |
| Current portion of operating lease obligation |
OperatingLeaseLiabilityCurrent
|
$787.00K | USD | Point-in-time |
| Current portion of operating lease obligation |
OperatingLeaseLiabilityCurrent
|
$796.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$77.88M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$93.18M | USD | Point-in-time |
| Long-term finance lease obligation |
FinanceLeaseLiabilityNoncurrent
|
$652.00K | USD | Point-in-time |
| Long-term finance lease obligation |
FinanceLeaseLiabilityNoncurrent
|
$600.00K | USD | Point-in-time |
| Long-term operating lease obligation |
OperatingLeaseLiabilityNoncurrent
|
$1.54M | USD | Point-in-time |
| Long-term operating lease obligation |
OperatingLeaseLiabilityNoncurrent
|
$1.74M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$9.15M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$8.68M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$86.76M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$92.77M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$175.94M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$197.02M | USD | Point-in-time |
| Commitments and contingencies - see Note 11 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies - see Note 11 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$61.27M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$60.37M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$956.17M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$975.15M | USD | Point-in-time |
| Accumulated other comprehensive income,net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$433.00K | USD | Point-in-time |
| Accumulated other comprehensive income,net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$79.00K | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
26.29M | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
26.29M | shares | Point-in-time |
| Common stock in treasury at cost |
TreasuryStockValue
|
$26.67M | USD | Point-in-time |
| Common stock in treasury at cost |
TreasuryStockValue
|
$26.68M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders equity |
StockholdersEquity
|
$991.95M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders equity |
StockholdersEquity
|
$1.01B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.21B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.17B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$292.78M | USD | 1 Quarter |
| Net sales |
Revenues
|
$241.17M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$276.02M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$262.29M | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$16.77M | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$-21.12M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$43.97M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$42.48M | USD | 1 Quarter |
| (Gain) loss on disposal of fixed assets |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$130.00K | USD | 1 Quarter |
| (Gain) loss on disposal of fixed assets |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$-23.00K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-27.22M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-63.47M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$925.00K | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$1.69M | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$411.00K | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$305.00K | USD | 1 Quarter |
| Equity loss of unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$-44.00K | USD | 1 Quarter |
| Equity loss of unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$-454.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$1.34M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$512.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$1.70M | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$2.98M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-25.52M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-60.49M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-14.77M | USD | 1 Quarter |
| Income tax benefit |
IncomeTaxExpenseBenefit
|
$-6.13M | USD | 1 Quarter |
| Net loss |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-45.72M | USD | 1 Quarter |
| Net loss |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-19.40M | USD | 1 Quarter |
| Less: Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Less: Income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$39.00K | USD | 1 Quarter |
| Net loss attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$-45.76M | USD | 1 Quarter |
| Net loss attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$-19.40M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.94 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.40 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.94 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.40 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
48.45M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
48.50M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
48.50M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
48.45M | shares | 1 Quarter |
Cash Flow Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-19.40M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-45.72M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$13.62M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$14.74M | USD | 1 Quarter |
| Impairment loss on property, plant & equipment |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment loss on property, plant & equipment |
AssetImpairmentCharges
|
$2.92M | USD | 1 Quarter |
| Other adjustments, net |
OtherOperatingActivitiesCashFlowStatement
|
$-31.50M | USD | 1 Quarter |
| Other adjustments, net |
OtherOperatingActivitiesCashFlowStatement
|
$-10.14M | USD | 1 Quarter |
| Net cash used in operations |
NetCashProvidedByUsedInOperatingActivities
|
$-60.68M | USD | 1 Quarter |
| Net cash used in operations |
NetCashProvidedByUsedInOperatingActivities
|
$-14.80M | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireInvestments
|
$24.20M | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireInvestments
|
$9.11M | USD | 1 Quarter |
| Sales and maturities of investment securities |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$28.23M | USD | 1 Quarter |
| Sales and maturities of investment securities |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$69.92M | USD | 1 Quarter |
| Distributions from unconsolidated entities |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$858.00K | USD | 1 Quarter |
| Distributions from unconsolidated entities |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$650.00K | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$23.67M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$25.34M | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$181.00K | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.38M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-20.47M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$39.38M | USD | 1 Quarter |
| Purchase of common stock by treasury |
PaymentsForRepurchaseOfCommonStock
|
$11.00K | USD | 1 Quarter |
| Purchase of common stock by treasury |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Distributions to noncontrolling interests |
ProceedsFromPaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
| Distributions to noncontrolling interests |
ProceedsFromPaymentsToMinorityShareholders
|
$-756.00K | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$750.00K | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Principal payments on finance lease |
FinanceLeasePrincipalPayments
|
$48.00K | USD | 1 Quarter |
| Principal payments on finance lease |
FinanceLeasePrincipalPayments
|
$50.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-50.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.56M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-22.86M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-35.32M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$46.39M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.81M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$69.25M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$78.13M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$46.39M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.81M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$69.25M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$78.13M | USD | Point-in-time |
| Cash paid for operating leases |
NonCashChangeInOperatingLeaseLiability
|
$197.00K | USD | 1 Quarter |
| Cash paid for operating leases |
NonCashChangeInOperatingLeaseLiability
|
$237.00K | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$90.00K | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$65.00K | USD | 1 Quarter |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-19.40M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-45.72M | USD | 1 Quarter |
| Unrealized holding gain (loss) on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$468.00K | USD | 1 Quarter |
| Unrealized holding gain (loss) on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-584.00K | USD | 1 Quarter |
| (Increase) decrease in accumulated post-retirement benefits obligation, net of reclassification adjustments |
OtherComprehensiveIncomeLossTax
|
$-114.00K | USD | 1 Quarter |
| (Increase) decrease in accumulated post-retirement benefits obligation, net of reclassification adjustments |
OtherComprehensiveIncomeLossTax
|
$142.00K | USD | 1 Quarter |
| Income tax (benefit) expense related to items of other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$354.00K | USD | 1 Quarter |
| Income tax (benefit) expense related to items of other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$-442.00K | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-19.05M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-46.16M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$39.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Less: Comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTax
|
$-46.20M | USD | 1 Quarter |
| Less: Comprehensive income attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTax
|
$-19.05M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.