10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-13-053781 |
| Period End Date | 20130831 |
| Filing Date | 20131003 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | calm-20130831.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
71 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$571.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$771.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$30.62M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$97.13M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.42M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$157.90M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesCurrent
|
$141.81M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
24.11M | shares | Point-in-time |
| Trade receivables (less allowance for doubtful accounts of $571 at August 31, 2013 and $771 at June 1, 2013) and other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$82.59M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
23.87M | shares | Point-in-time |
| Trade receivables (less allowance for doubtful accounts of $571 at August 31, 2013 and $771 at June 1, 2013) and other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$84.46M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
13.42M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$145.08M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$147.99M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
13.43M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.41M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.05M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$398.82M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$414.88M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$269.52M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$266.01M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$24.42M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$24.42M | USD | Point-in-time |
| Other investments |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$17.01M | USD | Point-in-time |
| Other investments |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$20.41M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$11.61M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$12.33M | USD | Point-in-time |
| Other long-lived assets |
OtherAssetsNoncurrent
|
$4.40M | USD | Point-in-time |
| Other long-lived assets |
OtherAssetsNoncurrent
|
$7.02M | USD | Point-in-time |
| Notes receivable - noncurrent |
NotesAndLoansReceivableNetNoncurrent
|
$539.00K | USD | Point-in-time |
| Notes receivable - noncurrent |
NotesAndLoansReceivableNetNoncurrent
|
$565.00K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$745.63M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$726.32M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$72.62M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$71.83M | USD | Point-in-time |
| Accrued legal settlement expense |
LitigationReserveCurrent
|
$28.00M | USD | Point-in-time |
| Accrued dividends payable |
AccruedDividendsPayable
|
$3.14M | USD | Point-in-time |
| Accrued dividends payable |
AccruedDividendsPayable
|
$1.64M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$9.88M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$10.37M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$21.25M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$20.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$130.19M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$105.39M | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtNoncurrent
|
$54.65M | USD | Point-in-time |
| Long-term debt, less current maturities |
LongTermDebtNoncurrent
|
$52.41M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$4.32M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$4.31M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$38.53M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$38.42M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$227.58M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$200.65M | 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
|
$39.05M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$39.45M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$498.71M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$505.82M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$166.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$120.00K | USD | Point-in-time |
| Common stock in treasury at cost - 13,422 shares at August 31, 2013 and 13,432 at June 1, 2013 |
TreasuryStockValue
|
$20.56M | USD | Point-in-time |
| Common stock in treasury at cost - 13,422 shares at August 31, 2013 and 13,432 at June 1, 2013 |
TreasuryStockValue
|
$20.57M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$517.73M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$525.21M | USD | Point-in-time |
| Noncontrolling interest in consolidated entities |
MinorityInterest
|
$312.00K | USD | Point-in-time |
| Noncontrolling interest in consolidated entities |
MinorityInterest
|
$454.00K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$518.04M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$525.67M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$726.32M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$745.63M | USD | Point-in-time |
Income Statement
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Other comprehensive income reclassifications for unrealized net losses on available for sale securities |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleOfSecuritiesBeforeTax
|
$-13.00K | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$319.53M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$272.93M | USD | 1 Quarter |
| Income tax benefit from reclassification items |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromOCIForSaleOfSecuritiesTax
|
$5.00K | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$274.62M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$228.21M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$44.91M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$44.72M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$29.12M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$33.84M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$15.60M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$11.07M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$1.30M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$796.00K | USD | 1 Quarter |
| Royalty Income |
RoyaltyIncomeNonoperating
|
$162.00K | USD | 1 Quarter |
| Royalty Income |
RoyaltyIncomeNonoperating
|
$1.86M | USD | 1 Quarter |
| Other (includes ($13) accumulated other comprehensive income reclassifications for unrealized net losses on available for sale securities) |
OtherNonoperatingIncomeExpense
|
$1.64M | USD | 1 Quarter |
| Other (includes ($13) accumulated other comprehensive income reclassifications for unrealized net losses on available for sale securities) |
OtherNonoperatingIncomeExpense
|
$240.00K | USD | 1 Quarter |
| Nonoperating income (expense), total |
NonoperatingIncomeExpense
|
$-896.00K | USD | 1 Quarter |
| Nonoperating income (expense), total |
NonoperatingIncomeExpense
|
$2.71M | USD | 1 Quarter |
| Income before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$14.70M | USD | 1 Quarter |
| Income before income taxes and noncontrolling interest |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$13.78M | USD | 1 Quarter |
| Income tax expense (includes $5 income tax benefit from reclassification items) |
IncomeTaxExpenseBenefit
|
$4.88M | USD | 1 Quarter |
| Income tax expense (includes $5 income tax benefit from reclassification items) |
IncomeTaxExpenseBenefit
|
$5.18M | USD | 1 Quarter |
| Net income before noncontrolling interest |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Net income before noncontrolling interest |
ProfitLoss
|
$9.52M | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$142.00K | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$105.00K | 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 |
| Net income attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$9.41M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.39 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.39 | USD | 1 Quarter |
| Dividends per common share |
CommonStockDividendsPerShareDeclared
|
$0.13 | USD | 1 Quarter |
| Dividends per common share |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.92M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
24.04M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
24.13M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
23.96M | shares | 1 Quarter |
Cash Flow Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income including noncontrolling interests |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Net income including noncontrolling interests |
ProfitLoss
|
$9.52M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.93M | 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
|
$-35.25M | USD | 1 Quarter |
| Net cash provided by (used in) operations |
NetCashProvidedByUsedInOperatingActivities
|
$-17.80M | USD | 1 Quarter |
| Net cash provided by (used in) operations |
NetCashProvidedByUsedInOperatingActivities
|
$-8.37M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$50.95M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$13.18M | USD | 1 Quarter |
| Sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$36.34M | USD | 1 Quarter |
| Sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$29.20M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$7.45M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.46M | USD | 1 Quarter |
| Payments received on notes receivable and from affiliates |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$3.73M | USD | 1 Quarter |
| Payments received on notes receivable and from affiliates |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$5.08M | USD | 1 Quarter |
| Acquisitions of businesses, net of cash |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$16.32M | USD | 1 Quarter |
| Increase in notes receivable and investments in affiliates |
IncreaseInNotesReceivableAndInvestmentsInAffiliates
|
$294.00K | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$36.00K | 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 |
NetCashProvidedByUsedInInvestingActivities
|
$-33.54M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$8.31M | USD | 1 Quarter |
| Proceeds from issuance of common stock from treasury (including tax benefit on nonqualifying disposition of incentive stock options) |
ProceedsFromSaleOfTreasuryStock
|
$219.00K | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$2.73M | USD | 1 Quarter |
| Principal payments on long-term debt |
RepaymentsOfLongTermDebt
|
$2.73M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$12.44M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.51M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-15.16M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-66.51M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-2.56M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.98M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$30.62M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.13M | USD | Point-in-time |
| Cash and cash equivalents at beginning 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
|
$30.62M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.13M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.42M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income including noncontrolling interests |
ProfitLoss
|
$8.90M | USD | 1 Quarter |
| Net income including noncontrolling interests |
ProfitLoss
|
$9.52M | USD | 1 Quarter |
| Unrealized holding gain (loss) on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-76.00K | USD | 1 Quarter |
| Unrealized holding gain (loss) on available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$429.00K | USD | 1 Quarter |
| Other comprehensive income (loss), before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$429.00K | USD | 1 Quarter |
| Other comprehensive income (loss), before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$-76.00K | USD | 1 Quarter |
| Income tax expense (benefit) related to items of other comprehensive income |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-30.00K | USD | 1 Quarter |
| Income tax expense (benefit) related to items of other comprehensive income |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$167.00K | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$262.00K | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-46.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$8.85M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$9.78M | USD | 1 Quarter |
| Less: comprehensive income (loss) attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$105.00K | USD | 1 Quarter |
| Less: comprehensive income (loss) attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$142.00K | USD | 1 Quarter |
| Comprehensive income attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$8.71M | USD | 1 Quarter |
| Comprehensive income attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$9.68M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.