10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001562762-22-000383 |
| Period End Date | 20220831 |
| Filing Date | 20220927 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | calm2023q1_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$136.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$59.08M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesDebtSecurities
|
$115.43M | USD | Point-in-time |
| Investment securities available-for-sale |
AvailableForSaleSecuritiesDebtSecurities
|
$145.78M | USD | Point-in-time |
| Trade and other receivables, net |
AccountsReceivableNetCurrent
|
$177.26M | USD | Point-in-time |
| Trade and other receivables, net |
AccountsReceivableNetCurrent
|
$178.22M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$42.15M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$42.15M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$263.32M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$265.75M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.29M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.96M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$778.89M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$661.52M | USD | Point-in-time |
| Property, plant & equipment, net |
PropertyPlantAndEquipmentNet
|
$688.66M | USD | Point-in-time |
| Property, plant & equipment, net |
PropertyPlantAndEquipmentNet
|
$677.80M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$15.53M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$15.67M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$44.01M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$44.01M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$17.59M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$18.13M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$10.51M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$9.91M | USD | Point-in-time |
| Total Assets |
Assets
|
$1.43B | USD | Point-in-time |
| Total Assets |
Assets
|
$1.55B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$188.69M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$148.02M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$36.66M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrent
|
$41.74M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$230.43M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$184.67M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$9.71M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$10.27M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$126.63M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$128.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$366.77M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$323.14M | USD | Point-in-time |
| Commitments and contingencies - see Note 13 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies - see Note 13 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$67.99M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$69.02M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.07B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.15B | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.35M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.60M | USD | Point-in-time |
| Common stock in treasury at cost - 26,125 shares at August 27, 2022 and 26,121 shares at May 28, 2022 |
TreasuryStockValue
|
$28.50M | USD | Point-in-time |
| Common stock in treasury at cost - 26,125 shares at August 27, 2022 and 26,121 shares at May 28, 2022 |
TreasuryStockValue
|
$28.45M | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$1.10B | USD | Point-in-time |
| Total Cal-Maine Foods, Inc. stockholders' equity |
StockholdersEquity
|
$1.19B | USD | Point-in-time |
| Noncontrolling interest in consolidated entity |
MinorityInterest
|
$-359.00K | USD | Point-in-time |
| Noncontrolling interest in consolidated entity |
MinorityInterest
|
$-206.00K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.19B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.10B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$995.57M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.01B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.55B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$1.43B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$324.99M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$658.34M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$440.85M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$318.34M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$6.64M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$217.49M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$53.61M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$46.52M | USD | 1 Quarter |
| (Gain) loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-33.00K | USD | 1 Quarter |
| (Gain) loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$213.00K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$163.85M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-39.67M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$232.00K | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$903.00K | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$428.00K | USD | 1 Quarter |
| Royalty income |
RoyaltyIncomeNonoperating
|
$273.00K | USD | 1 Quarter |
| Equity income of unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$135.00K | USD | 1 Quarter |
| Equity income of unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$144.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$5.16M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$155.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$1.63M | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$5.80M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-33.86M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$165.48M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-15.84M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$40.35M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-18.03M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$125.13M | USD | 1 Quarter |
| Less: Loss attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
- | USD | 1 Quarter |
| Less: Loss attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$-153.00K | USD | 1 Quarter |
| Net income (loss) attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$-18.03M | USD | 1 Quarter |
| Net income (loss) attributable to Cal-Maine Foods, Inc. |
NetIncomeLoss
|
$125.29M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.37 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.58 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.57 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.37 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
48.86M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
48.62M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
48.86M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
48.81M | shares | 1 Quarter |
Cash Flow Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-18.03M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$125.13M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$17.39M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$17.31M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.32M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-15.84M | USD | 1 Quarter |
| Other adjustments, net |
OtherOperatingActivitiesCashFlowStatement
|
$-7.64M | USD | 1 Quarter |
| Other adjustments, net |
OtherOperatingActivitiesCashFlowStatement
|
$31.69M | USD | 1 Quarter |
| Net cash provided by (used in) operations |
NetCashProvidedByUsedInOperatingActivities
|
$-24.11M | USD | 1 Quarter |
| Net cash provided by (used in) operations |
NetCashProvidedByUsedInOperatingActivities
|
$172.81M | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$1.39M | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$51.83M | USD | 1 Quarter |
| Sales and maturities of investment securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$20.30M | USD | 1 Quarter |
| Sales and maturities of investment securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$39.39M | USD | 1 Quarter |
| Distributions from unconsolidated entities |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
- | USD | 1 Quarter |
| Distributions from unconsolidated entities |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$400.00K | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisition of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$44.82M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.23M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$27.66M | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.17M | USD | 1 Quarter |
| Net proceeds from disposal of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$78.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-16.48M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-59.12M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$36.65M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
- | USD | 1 Quarter |
| Purchase of common stock by treasury |
ProceedsFromPurchaseofSaleOfTreasuryStockNetofStockIssuedDuringPeriodRestrictedStockAward
|
$-45.00K | USD | 1 Quarter |
| Purchase of common stock by treasury |
ProceedsFromPurchaseofSaleOfTreasuryStockNetofStockIssuedDuringPeriodRestrictedStockAward
|
$-18.00K | USD | 1 Quarter |
| Principal payments on finance lease |
FinanceLeasePrincipalPayments
|
$55.00K | USD | 1 Quarter |
| Principal payments on finance lease |
FinanceLeasePrincipalPayments
|
$53.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-36.75M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-71.00K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-40.67M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$76.94M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$16.68M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.08M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$57.35M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$136.02M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$16.68M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.08M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$57.35M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$136.02M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-18.03M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$125.13M | USD | 1 Quarter |
| Unrealized holding loss available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-224.00K | USD | 1 Quarter |
| Unrealized holding loss available-for-sale securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-997.00K | USD | 1 Quarter |
| Income tax benefit related to items of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$-54.00K | USD | 1 Quarter |
| Income tax benefit related to items of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$-243.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-754.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-170.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-18.20M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$124.38M | USD | 1 Quarter |
| Less: Comprehensive loss attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Less: Comprehensive loss attributable to the noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-153.00K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$-18.20M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Cal-Maine Foods, Inc. |
ComprehensiveIncomeNetOfTax
|
$124.53M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.