10-Q Filing

CAL-MAINE FOODS INC CIK: 16160 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-11-055721`
Period End Date	20110831
Filing Date	20110930
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	calm-20110827.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 36 Cash Flow Statement 39 Comprehensive Income 12

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.54M	USD	Point-in-time
Investment securities available-for-sale	`AvailableForSaleSecuritiesCurrent`	$94.69M	USD	Point-in-time
Investment securities available-for-sale	`AvailableForSaleSecuritiesCurrent`	$118.75M	USD	Point-in-time
Trade and other receivables	`ReceivablesNetCurrent`	$66.96M	USD	Point-in-time
Trade and other receivables	`ReceivablesNetCurrent`	$62.79M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	13.66M	shares	Point-in-time
Inventories	`InventoryNet`	$110.02M	USD	Point-in-time
Inventories	`InventoryNet`	$115.76M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	13.66M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$368.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$355.04M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$224.89M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$222.13M	USD	Point-in-time
Goodwill	`Goodwill`	$22.12M	USD	Point-in-time
Goodwill	`Goodwill`	$22.12M	USD	Point-in-time
Other investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$15.79M	USD	Point-in-time
Other investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$19.14M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$9.53M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$10.06M	USD	Point-in-time
Other long-lived assets	`OtherAssetsNoncurrent`	$6.54M	USD	Point-in-time
Other long-lived assets	`OtherAssetsNoncurrent`	$6.54M	USD	Point-in-time
Notes-receivable - noncurrent	`NotesAndLoansReceivableNetNoncurrent`	$3.05M	USD	Point-in-time
Notes-receivable - noncurrent	`NotesAndLoansReceivableNetNoncurrent`	$2.91M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$647.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$640.84M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$69.55M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$73.97M	USD	Point-in-time
Accrued dividends payable	`AccruedDividendsPayableCurrent`	$1.04M	USD	Point-in-time
Accrued dividends payable	`AccruedDividendsPayableCurrent`	$2.42M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$11.71M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$11.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$25.66M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$23.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$107.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$112.38M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$76.42M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$73.69M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.79M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$34.72M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$35.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$225.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$221.97M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.42M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$408.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$406.36M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-320.00K	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$169.00K	USD	Point-in-time
Common stock in treasury at cost - 13,659 shares at August 27, 2011 and 13,665 shares at May 28, 2011	`TreasuryStockValue`	$20.92M	USD	Point-in-time
Common stock in treasury at cost - 13,659 shares at August 27, 2011 and 13,665 shares at May 28, 2011	`TreasuryStockValue`	$20.93M	USD	Point-in-time
Total Cal-Maine Foods, Inc. stockholders' equity	`StockholdersEquity`	$418.91M	USD	Point-in-time
Total Cal-Maine Foods, Inc. stockholders' equity	`StockholdersEquity`	$421.66M	USD	Point-in-time
Noncontrolling interests in consolidated entities	`MinorityInterest`	$-29.00K	USD	Point-in-time
Noncontrolling interests in consolidated entities	`MinorityInterest`	$-92.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$418.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$421.57M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$647.12M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$640.84M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$190.40M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$243.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$157.67M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$210.06M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.79M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.74M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.04M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.59M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpenseNet`	$172.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpenseNet`	$636.00K	USD	1 Quarter
Nonoperating income (expense), total	`NonoperatingIncomeExpense`	$-956.00K	USD	1 Quarter
Nonoperating income (expense), total	`NonoperatingIncomeExpense`	$-1.22M	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.73M	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.53M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$3.05M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$4.55M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-63.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-209.00K	USD	1 Quarter
Net income attributable to Cal-Maine Foods,Inc.	`NetIncomeLoss`	$4.76M	USD	1 Quarter
Net income attributable to Cal-Maine Foods,Inc.	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Dividends per common share	`DividendsPerCommonShareAccrued`	$0.07	USD	1 Quarter
Dividends per common share	`DividendsPerCommonShareAccrued`	$0.04	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.84M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.87M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.95M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.93M	shares	1 Quarter

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net income including noncontrolling interest	`ProfitLoss`	$3.05M	USD	1 Quarter
Net income including noncontrolling interest	`ProfitLoss`	$4.55M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.66M	USD	1 Quarter
Other adjustments, net	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-4.42M	USD	1 Quarter
Other adjustments, net	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-10.72M	USD	1 Quarter
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$1.69M	USD	1 Quarter
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$6.29M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$14.88M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$39.19M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$39.33M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$51.25M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.47M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.00M	USD	1 Quarter
Payments received on notes receivable and from affiliates	`ProceedsFromSaleAndCollectionOfNotesReceivable`	$1.61M	USD	1 Quarter
Payments received on notes receivable and from affiliates	`ProceedsFromSaleAndCollectionOfNotesReceivable`	$4.12M	USD	1 Quarter
Increase in notes receivable and investments in affiliates	`IncreaseInNotesReceivableAndInvestmentsInAffiliates`	$516.00K	USD	1 Quarter
Net proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Net proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$23.57M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.69M	USD	1 Quarter
Proceeds from issuance of common stock from treasury (including tax benefit on nonqualifying disposition of incentive stock options)	`ProceedsFromSaleOfTreasuryStock`	$71.00K	USD	1 Quarter
Proceeds from issuance of common stock from treasury (including tax benefit on nonqualifying disposition of incentive stock options)	`ProceedsFromSaleOfTreasuryStock`	$203.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$18.44M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.76M	USD	1 Quarter
Payments of dividends	`PaymentsOfDividends`	$2.44M	USD	1 Quarter
Payments of dividends	`PaymentsOfDividends`	$7.01M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.99M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-25.38M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.00M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$24.86M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$82.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$82.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$82.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$82.54M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income, including noncontrolling interests	`ProfitLoss`	$3.05M	USD	1 Quarter
Net income, including noncontrolling interests	`ProfitLoss`	$4.55M	USD	1 Quarter
Unrealized holding gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$489.00K	USD	1 Quarter
Unrealized holding gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$159.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$159.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$489.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.71M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.54M	USD	1 Quarter
Less: comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-63.00K	USD	1 Quarter
Less: comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-209.00K	USD	1 Quarter
Comprehensive income attributable to Cal-Maine Foods, Inc.	`ComprehensiveIncomeNetOfTax`	$4.92M	USD	1 Quarter
Comprehensive income attributable to Cal-Maine Foods, Inc.	`ComprehensiveIncomeNetOfTax`	$3.61M	USD	1 Quarter

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