Cal-Maine Foods (CALM) 10-Q 3 Jan 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 02, 2023	Jan. 03, 2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 02, 2023
Document Transition Report	false
Entity File Number	001-38695
Entity Registrant Name	CAL-MAINE FOODS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	64-0500378
Entity Address, Address Line One	1052 Highland Colony Pkwy
Entity Address Address Line 2	Suite 200
Entity Address, City or Town	Ridgeland
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39157
City Area Code	601
Local Phone Number	948-6813
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	CALM
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--06-01
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000016160
Common Stock [Member]
Entity Common Stock, Shares Outstanding		44,182,613
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		4,800,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 02, 2023	Jun. 03, 2023
Current assets:
Cash and cash equivalents	$ 361,783	$ 292,824
Investment securities available-for-sale	206,045	355,090
Trade and other receivables, net	165,391	120,247
Income tax receivable	33,771	66,966
Inventories	287,270	284,418
Prepaid expenses and other current assets	9,673	5,380
Total current assets	1,063,933	1,124,925
Property, plant & equipment, net	815,468	744,540
Investments in unconsolidated entities	14,370	14,449
Goodwill	45,776	44,006
Intangible assets, net	17,074	15,897
Other long-term assets	10,184	10,708
Total Assets	1,966,805	1,954,525
Current liabilities:
Trade accounts payable	98,144	82,590
Accrued wages and benefits	20,164	38,733
Accrued income taxes payable	8,445	8,288
Dividends payable	5,682	37,130
Accrued expenses and other liabilities	21,352	15,990
Total current liabilities	153,787	182,731
Other noncurrent liabilities	30,571	9,999
Deferred income taxes, net	158,483	152,212
Total liabilities	342,841	344,942
Commitments and contingencies - see Note 10
Stockholders' equity:
Paid-in capital	74,214	72,112
Retained earnings	1,583,071	1,571,112
Accumulated other comprehensive loss, net of tax	(1,614)	(2,886)
Common stock in treasury at cost - 26,078 shares at December 2, 2023 and 26,077 shares at June 3, 2023	(30,014)	(30,008)
Total Cal-Maine Foods, Inc. stockholders' equity	1,626,408	1,611,081
Noncontrolling interest in consolidated entity	(2,444)	(1,498)
Total stockholders' equity	1,623,964	1,609,583
Total Liabilities and Stockholders' Equity	1,966,805	1,954,525
Common Stock [Member]
Stockholders' equity:
Common stock ($0.01 par value):	703	703
Class A Convertible Common Stock [Member]
Stockholders' equity:
Common stock ($0.01 par value):	$ 48	$ 48

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 02, 2023	Jun. 03, 2023
Common Stock [Member]
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	120,000,000	120,000,000
Common stock, shares issued (in shares)	70,261,000	70,261,000
Common stock in treasury (in shares)	26,078,000	26,077,000
Class A Convertible Common Stock [Member]
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	4,800,000	4,800,000
Common stock, shares issued (in shares)	4,800,000	4,800,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022
Condensed Consolidated Statements of Income [Abstract]
Net sales	$ 523,234	$ 801,700	$ 982,578	$ 1,460,044
Cost of sales	432,104	483,851	846,015	924,705
Gross profit	91,130	317,849	136,563	535,339
Selling, general and administrative	76,578	57,952	128,824	111,559
Loss on disposal of fixed assets	318	29	262	62
Operating income	14,234	259,868	7,477	423,718
Other income (expense):
Interest income, net	6,987	1,930	14,333	2,833
Royalty income	301	344	650	772
Equity income (loss) of unconsolidated entities	29	(987)	(441)	(843)
Other, net	567	1,113	832	1,268
Total other income, net	7,884	2,400	15,374	4,030
Income before income taxes	22,118	262,268	22,851	427,748
Income tax expense	5,540	63,974	5,862	104,320
Net income	16,578	198,294	16,989	323,428
Less: Loss attributable to noncontrolling interest	(431)	(293)	(946)	(446)
Net income attributable to Cal-Maine Foods, Inc.	$ 17,009	$ 198,587	$ 17,935	$ 323,874
Net income per common share:
Basic (in dollars per share)	$ 0.35	$ 4.08	$ 0.37	$ 6.66
Diluted (in dollars per share)	$ 0.35	$ 4.07	$ 0.37	$ 6.63
Weighted average shares outstanding:
Basic (in shares)	48,690	48,624	48,691	48,624
Diluted (in shares)	48,866	48,840	48,854	48,827

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022
Condensed Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 16,578	$ 198,294	$ 16,989	$ 323,428
Other comprehensive income (loss), before tax:
Unrealized holding gain (loss) on available-for-sale securities, net of reclassification adjustments	895	(974)	1,681	(1,971)
Income tax benefit (expense) related to items of other comprehensive income	(218)	237	(409)	480
Other comprehensive Income (loss), net of tax	677	(737)	1,272	(1,491)
Comprehensive income	17,255	197,557	18,261	321,937
Less: Comprehensive loss attributable to the noncontrolling interest	(431)	(293)	(946)	(446)
Comprehensive income attributable to Cal-Maine Foods, Inc.	$ 17,686	$ 197,850	$ 19,207	$ 322,383

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022
Cash flows from operating activities:
Net income	$ 16,989	$ 323,428
Depreciation and amortization	39,394	34,729
Deferred income taxes	5,862	(540)
Other adjustments, net	11,407	(12,830)
Net cash provided by operations	73,652	344,787
Cash flows from investing activities:
Purchases of investment securities	(43,569)	(152,365)
Sales and maturities of investment securities	196,104	65,279
Investment in unconsolidated entities	(363)	0
Acquisition of business	(53,746)	0
Purchases of property, plant and equipment	(65,774)	(59,709)
Net proceeds from disposal of property, plant and equipment	150	92
Net cash provided by (used in) investing activities	32,802	(146,703)
Cash flows from financing activities:
Payments of dividends	(37,276)	(78,394)
Purchase of common stock by treasury	(5)	(45)
Principal payments on finance lease	(214)	(94)
Net cash used in financing activities	(37,495)	(78,533)
Net change in cash and cash equivalents	68,959	119,551
Cash and cash equivalents at beginning of period	292,824	59,084
Cash and cash equivalents at end of period	$ 361,783	$ 178,635

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 02, 2023
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 - Summary of Significant Accounting Policies Basis of Presentation The “we,” “us,” “our”) in reporting and “2023 statement of the results for recurring nature. year. Fiscal Year The Company’s ended on December 2, 2023 and November 26, 2022 included 13 weeks 26 weeks , respectively. Use of Estimates The preparation of the assumptions could differ from those estimates. Investment Securities The Company because the on quoted market prices The recorded in interest economic conditions that fair value was less than the amortized cost basis. Investments Condensed (expenses) as Other, net in the Company’s The cost Gains Statements of Income. Interest and dividends on securities classified as available-for-sale Trade Receivables Trade receivables are stated at their carrying 3, 536 579 customers based on The monitoring historical loss information adjusted as needed for economic and Goodwill Goodwill evaluated test is value magnitude of any impairment. Intangible Assets Intangible relationships, non-compete lives amounts operating conditions of the carrying amounts. Indefinite life assets are recorded at fair value in business acquisitions and are reviewed for impairment at least annually or more frequently if Dividends Payable We The Company quarter for in an amount following the to shareholders of record on the 65th day after the Following a quarter for which the Company does not report net income not pay a dividend date of the most recent quarter Directors. Business Combinations The Company applies the acquisition and liabilities assumed, the date of acquisition. We the considers the remaining estimated life of the assets acquired and what We valuing discount rates and as goodwill. Loss Contingencies Certain which will counsel contingencies proceedings, the Company’s as the perceived merits of the amount of relief sought or expected to be If the assessment can be potentially material loss contingency is nature of the disclosed. Loss nature of the guarantee would be disclosed. The Company expenses the costs of litigation as they are incurred. New Accounting Pronouncements and Policies No new accounting pronouncement issued or effective Consolidated Financial Statements.

Acquisition

Acquisition	6 Months Ended
	Dec. 02, 2023
Acquisition [Abstract]
Acquisition	Note 2 - Acquisition Effective September 30, 2023 , the Company shell facilities with 1.2 pullets, a accounted for the acquisition as a business combination. The following table summarizes the consideration paid recognized at the acquisition date (in thousands): Inventory consisted value inventory were all valued based on market prices as of September 30, 2023. Property, the assets and subtracting any depreciation resulting from physical deterioration Intangible comparison approach. Contingent acquired three-year acquisition. and prices, projected revenue respect to the due to market volatility of egg prices. Goodwill assets acquired. from integrating the assets of a result of the acquisition. Cash consideration paid $ 53,746 Fair value of contingent consideration 1,000 Total estimated purchase 54,746 Recognized amounts of identifiable assets acquired and liabilities assumed Inventory $ 6,164 Property, plant and equipment 44,540 Intangible assets 2,272 Other long-term assets 143 Liabilities assumed (143) Total identifiable 52,976 Goodwill 1,770 $ 54,746

Investment Securities

Investment Securities	6 Months Ended
	Dec. 02, 2023
Investments Securities [Abstract]
Investment Securities	Note 3 - Investment Securities The following represents the Company’s December 2, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 6,141 $ — $ 108 $ 6,033 Commercial paper 2,791 — 2 2,789 Corporate bonds 98,202 — 535 97,667 Certificates of deposits 1,125 — 6 1,119 US government and agency obligations 88,470 — 116 88,354 Asset backed securities 10,045 38 — 10,083 Total current $ 206,774 $ 38 $ 767 $ 206,045 Mutual funds $ 2,190 $ — $ 24 $ 2,166 Total noncurrent $ 2,190 $ — $ 24 $ 2,166 June 3, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 16,571 $ — $ 275 $ 16,296 Commercial paper 56,486 — 77 56,409 Corporate bonds 139,979 — 1,402 138,577 Certificates of deposits 675 — — 675 US government and agency obligations 101,240 — 471 100,769 Asset backed securities 13,459 — 151 13,308 Treasury bills 29,069 — 13 29,056 Total current $ 357,479 $ — $ 2,389 $ 355,090 Mutual funds $ 2,172 $ — $ 91 $ 2,081 Total noncurrent $ 2,172 $ — $ 91 $ 2,081 Available-for-sale Proceeds from sales 196.1 65.3 twenty-six weeks ended December 2, 2023 ended December 2, 2023 and November 7 2 twenty-six 8 63 were no Actual maturities without penalties. Contractual maturities of current investments at December Estimated Fair Value Within one year $ 145,788 1-5 years 60,257 Total $ 206,045 Noncurrent There were no 26, 2022.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 02, 2023
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 4 - Fair Value The Company hierarchy. The knowledgeable, and willing be settle the liability with the creditor. • Level 1 • Level 2 directly or indirectly, ◦ Quoted prices for similar assets or liabilities in active markets ◦ Quoted prices for identical or similar assets in non-active markets ◦ Inputs other than quoted prices that are observable for the asset or liability ◦ Inputs derived principally from or corroborated by other observable market • Level 3 significant to the fair value of the assets or liabilities The disclosures of fair value of certain financial assets and liabilities that are recorded Cash and cash equivalents, accounts receivable, short maturity of these instruments. Assets and Liabilities Measured at Fair In liabilities measured at fair value on a recurring basis as of December 2, 2023 and June 3, December 2, 2023 Level 1 Level 2 Level 3 Balance Assets Municipal bonds $ — $ 6,033 $ — $ 6,033 Commercial paper — 2,789 — 2,789 Corporate bonds — 97,667 — 97,667 Certificates of deposits — 1,119 — 1,119 US government and agency obligations — 88,354 — 88,354 Asset backed securities — 10,083 — 10,083 Mutual funds 2,166 — — 2,166 Total assets measured at fair $ 2,166 $ 206,045 $ — $ 208,211 Liabilities Contingent consideration $ — $ — $ 1,000 $ 1,000 Total liabilities measured $ — $ — $ 1,000 $ 1,000 June 3, 2023 Level 1 Level 2 Level 3 Balance Assets Municipal bonds $ — $ 16,296 $ — $ 16,296 Commercial paper — 56,409 — 56,409 Corporate bonds — 138,577 — 138,577 Certificates of deposits — 675 — 675 US government and agency obligations — 100,769 — 100,769 Asset backed securities — 13,308 — 13,308 Treasury bills — 29,056 — 29,056 Mutual funds 2,081 — — 2,081 Total assets measured at fair $ 2,081 $ 355,090 $ — $ 357,171 Investment when purchased. We Observable inputs for these securities are yields, credit risks, default rates, and volatility. Contingent contingent on the three-year the date of assumptions and capital, assessments

Inventories

Inventories	6 Months Ended
	Dec. 02, 2023
Inventories [Abstract]
Inventories	Note 5 - Inventories Inventories consisted of the following as of December 2, 2023 and June December 2, 2023 June 3, 2023 Flocks, net of amortization $ 162,323 $ 164,540 Eggs and egg products 30,485 28,318 Feed and supplies 94,462 91,560 $ 287,270 $ 284,418 We breeders December 10.6 10.8 43.3 million and 41.2

Equity

Equity	6 Months Ended
	Dec. 02, 2023
Equity [Abstract]
Equity	Note 6 - Equity The following reflects equity activity for the thirteen weeks ended Thirteen Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at September 2, 2023 $ 703 $ 48 $ (30,014) $ 73,153 $ (2,291) $ 1,571,744 $ (2,013) $ 1,611,330 Other comprehensive income, net of tax — — — — 677 — — 677 Stock compensation plan transactions — — — 1,061 — — — 1,061 Dividends ($ 0.116 per share) Common — — — — — (5,125) — (5,125) Class A common — — — — — (557) — (557) Net income (loss) — — — — — 17,009 (431) 16,578 Balance at December 2, 2023 $ 703 $ 48 $ (30,014) $ 74,214 $ (1,614) $ 1,583,071 $ (2,444) $ 1,623,964 Twenty-six Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at June 3, 2023 $ 703 $ 48 $ (30,008) $ 72,112 $ (2,886) $ 1,571,112 $ (1,498) $ 1,609,583 Other comprehensive income, net of tax — — — — 1,272 — — 1,272 Stock compensation plan transactions — — (6) 2,102 — — — 2,096 Dividends ($ 0.122 per share) Common — — — — — (5,390) — (5,390) Class A common — — — — — (586) — (586) Net income (loss) — — — — — 17,935 (946) 16,989 Balance at December 2, 2023 $ 703 $ 48 $ (30,014) $ 74,214 $ (1,614) $ 1,583,071 $ (2,444) $ 1,623,964 Thirteen Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at May 28, 2022 $ 703 $ 48 $ (28,495) $ 69,017 $ (2,350) $ 1,149,399 $ (359) $ 1,187,963 Other comprehensive loss, net of tax — — — — (737) — — (737) Stock compensation plan transactions — — (1) 988 — — — 987 Dividends ($ 1.353 per share) Common — — — — — (59,708) — (59,708) Class A common — — — — — (6,494) — (6,494) Net income (loss) — — — — — 198,587 (293) 198,294 Balance at November 26, 2022 $ 703 $ 48 $ (28,496) $ 70,005 $ (3,087) $ 1,281,784 $ (652) $ 1,320,305 Twenty-six Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrollin g Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at May 28, 2022 $ 703 $ 48 $ (28,447) $ 67,989 $ (1,596) $ 1,065,854 $ (206) $ 1,104,345 Other comprehensive loss, net of tax — — — — (1,491) — — (1,491) Stock compensation plan transactions — — (49) 2,016 — — — 1,967 Contributions — — — — — — — — Dividends ($ 2.206 per share) Common — — — — — (97,355) — (97,355) Class A common — — — — — (10,589) — (10,589) Net income (loss) — — — — — 323,874 (446) 323,428 Balance at November 26, 2022 $ 703 $ 48 $ (28,496) $ 70,005 $ (3,087) $ 1,281,784 (652) $ 1,320,305

Net Income per Common Share

Net Income per Common Share	6 Months Ended
	Dec. 02, 2023
Net Income per Common Share [Abstract]
Net Income per Common Share	Note 7 - Net Income per Common Share Basic net income net dilutive effect of share-based awards. The income per common share (amounts in thousands, except per share data): Thirteen Weeks Twenty-six Weeks December 2, 2023 November 26, 2022 December 2, 2023 November 26, 2022 Numerator Net income $ 16,578 $ 198,294 $ 16,989 $ 323,428 Less: Loss attributable to noncontrolling interest (431) (293) (946) (446) Net income attributable to Cal-Maine Foods, Inc. $ 17,009 $ 198,587 $ 17,935 $ 323,874 Denominator Weighted-average outstanding, basic 48,690 48,624 48,691 48,624 Effect of dilutive restricted shares 176 216 163 203 Weighted-average outstanding, diluted 48,866 48,840 48,854 48,827 Net income per common share attributable to Cal-Maine Foods, Inc. Basic $ 0.35 $ 4.08 $ 0.37 $ 6.66 Diluted $ 0.35 $ 4.07 $ 0.37 $ 6.63

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Dec. 02, 2023
Revenue from Contracts with Customers [Abstract]
Revenue from Contracts with Customers	Note 8 - Revenue from Contracts with Customers Satisfaction of Performance Obligation The vast majority of the Company’s for products. Pricing establishes the contract for that order. Revenues are shell production. satisfaction customer agreeing upon the order. Returns and Refunds Some of our contracts include a guaranteed sale clause, pursuant to which we customer is unable to sell before expiration. The Company records an allowance for return data compared to current period sales and accounts receivable. same period the revenue is recognized. Sales Incentives Provided to Customers The discount offers a minimum reduction reduction historical ‘‘Net sales.’’ Disaggregation of Revenue The following table provides revenue disaggregated by product category Thirteen Weeks Twenty-six Weeks December 2, 2023 November 26, 2022 December 2, 2023 November 26, 2022 Conventional shell egg sales $ 280,599 $ 541,917 $ 505,879 $ 967,506 Specialty shell egg sales 217,905 227,778 426,586 428,598 Egg products 20,012 28,052 42,235 55,692 Other 4,718 3,953 7,878 8,248 $ 523,234 $ 801,700 $ 982,578 $ 1,460,044 Contract Costs The Company can incur costs to one year, and contract assets was immaterial. Contract Balances The Company receives payment from customers based on specified terms that are There are rarely contract assets or liabilities related to performance under the

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Dec. 02, 2023
Stock Based Compensation [Abstract]
Stock Based Compensation	Note 9 - Stock Based Compensation Total 2.1 2.0 November 26, 2022, respectively. Unrecognized Restated 5.0 average period of 1.7 14 - Stock Compensation Plans in our 2023 Annual Report for further information The Company’s restricted share activity Number of Shares Weighted Average Grant Date Fair Value Outstanding, June 3, 2023 294,140 $ 43.72 Vested (305) 37.70 Forfeited (1,329) 44.68 Outstanding, December 2, 2023 292,506 $ 43.72

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 02, 2023
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 10 - Commitments and Contingencies LEGAL PROCEEDINGS State of Texas On April of Court of violation (“DTPA”). COVID-19 permanent $ 100,000 prejudice. On September First proceedings. On October 31, 2022, Texas. remanded remote. Bell et al. v. Cal-Maine Foods et al. On 1:20-cv-461, producers, and farms. Plaintiffs assert that defendants for eggs Plaintiffs seek to enjoin eggs prior 10,000 250,000 each violation motion to motion to judge dismissed without prejudice for lack of subject matter jurisdiction. On prejudice. complaint. On March 15, 2022, et al., first class action dismiss. On February Circuit, Case No. Management believes the risk of material loss related to both matters to be remote. Kraft Foods Global, Inc. et al. v. As previously cases involving plaintiffs who sought substantial remaining plaintiffs until a subsequent settlement was reached as described below, On September the MDL No. 2002, to Egg defendants illegally certain features of producers. On October 24, 2019, claims against the of operations. dismissed the Company with prejudice. The trial of this case began Plaintiffs 17.8 liable 53.3 settlements with final and second fiscal quarter 19.6 in Company’s of the reasonably be approximately offset may change in future to the extent we the Company, jury’s decision. The Company intends State of Oklahoma Watershed Pollution On June against Cal-Maine and litter the sought Foods, purchased 100 % operation within number of small contract producers that operate in the area. The non-jury trial in the case began in September 2009 findings of defendants producers reach agreement Circuit Chief Judge Deanell the mediation brief arguing violation dismiss and on believes there amount uncertainties decision in a the court as to what dismiss before that our share compared to the other defendants is small. Other Matters In addition to the above, the Company is involved in various other claims and litigation incidental outcome of these matters cannot be determined with certainty, the final outcome should not have a material effect on the Company’s

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 02, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 11 - Subsequent Events On highly pathogenic 684,000 nearby 842,000 240,000 3.3 % of our total flock as of December 2, 2023. The “USDA”) participate Company’s 3 - 5 months . volatility in income effect cannot be reasonably made.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policy)	6 Months Ended
	Dec. 02, 2023
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The “we,” “us,” “our”) in reporting and “2023 statement of the results for recurring nature. year.
Fiscal Year	Fiscal Year The Company’s ended on December 2, 2023 and November 26, 2022 included 13 weeks 26 weeks , respectively.
Use of Estimates	Use of Estimates The preparation of the assumptions could differ from those estimates.
Investment Securities	Investment Securities The Company because the on quoted market prices The recorded in interest economic conditions that fair value was less than the amortized cost basis. Investments Condensed (expenses) as Other, net in the Company’s The cost Gains Statements of Income. Interest and dividends on securities classified as available-for-sale
Trade Receivables	Trade Receivables Trade receivables are stated at their carrying 3, 536 579 customers based on The monitoring historical loss information adjusted as needed for economic and
Goodwill	Goodwill Goodwill evaluated test is value magnitude of any impairment.
Intangible Assets	Intangible Assets Intangible relationships, non-compete lives amounts operating conditions of the carrying amounts. Indefinite life assets are recorded at fair value in business acquisitions and are reviewed for impairment at least annually or more frequently if
Dividends Payable	Dividends Payable We The Company quarter for in an amount following the to shareholders of record on the 65th day after the Following a quarter for which the Company does not report net income not pay a dividend date of the most recent quarter Directors.
Business Combinations	Business Combinations The Company applies the acquisition and liabilities assumed, the date of acquisition. We the considers the remaining estimated life of the assets acquired and what We valuing discount rates and as goodwill.
New Accounting Pronouncements and Policies	New Accounting Pronouncements and Policies No new accounting pronouncement issued or effective Consolidated Financial Statements.

Fair Value Measurements (Policy

Fair Value Measurements (Policy)	6 Months Ended
	Dec. 02, 2023
Fair Value Measurements [Abstract]
Fair Value Measurement	The Company hierarchy. The knowledgeable, and willing be settle the liability with the creditor. • Level 1 • Level 2 directly or indirectly, ◦ Quoted prices for similar assets or liabilities in active markets ◦ Quoted prices for identical or similar assets in non-active markets ◦ Inputs other than quoted prices that are observable for the asset or liability ◦ Inputs derived principally from or corroborated by other observable market • Level 3 significant to the fair value of the assets or liabilities The disclosures of fair value of certain financial assets and liabilities that are recorded Cash and cash equivalents, accounts receivable, short maturity of these instruments.

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Dec. 02, 2023
Acquisition [Abstract]
Summary of Consideration Paid for Fassio and Amounts of Assets Acquired and Liabilities Assumed	Cash consideration paid $ 53,746 Fair value of contingent consideration 1,000 Total estimated purchase 54,746 Recognized amounts of identifiable assets acquired and liabilities assumed Inventory $ 6,164 Property, plant and equipment 44,540 Intangible assets 2,272 Other long-term assets 143 Liabilities assumed (143) Total identifiable 52,976 Goodwill 1,770 $ 54,746

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Dec. 02, 2023
Investments Securities [Abstract]
Schedule Of Investment Securities	December 2, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 6,141 $ — $ 108 $ 6,033 Commercial paper 2,791 — 2 2,789 Corporate bonds 98,202 — 535 97,667 Certificates of deposits 1,125 — 6 1,119 US government and agency obligations 88,470 — 116 88,354 Asset backed securities 10,045 38 — 10,083 Total current $ 206,774 $ 38 $ 767 $ 206,045 Mutual funds $ 2,190 $ — $ 24 $ 2,166 Total noncurrent $ 2,190 $ — $ 24 $ 2,166 June 3, 2023 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Municipal bonds $ 16,571 $ — $ 275 $ 16,296 Commercial paper 56,486 — 77 56,409 Corporate bonds 139,979 — 1,402 138,577 Certificates of deposits 675 — — 675 US government and agency obligations 101,240 — 471 100,769 Asset backed securities 13,459 — 151 13,308 Treasury bills 29,069 — 13 29,056 Total current $ 357,479 $ — $ 2,389 $ 355,090 Mutual funds $ 2,172 $ — $ 91 $ 2,081 Total noncurrent $ 2,172 $ — $ 91 $ 2,081
Schedule Of Contractual Maturities Of Investment Securities	Estimated Fair Value Within one year $ 145,788 1-5 years 60,257 Total $ 206,045

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 02, 2023
Fair Value Measurements [Abstract]
Schedule Of Assets Measured At Fair Value On A Recurring Basis	December 2, 2023 Level 1 Level 2 Level 3 Balance Assets Municipal bonds $ — $ 6,033 $ — $ 6,033 Commercial paper — 2,789 — 2,789 Corporate bonds — 97,667 — 97,667 Certificates of deposits — 1,119 — 1,119 US government and agency obligations — 88,354 — 88,354 Asset backed securities — 10,083 — 10,083 Mutual funds 2,166 — — 2,166 Total assets measured at fair $ 2,166 $ 206,045 $ — $ 208,211 Liabilities Contingent consideration $ — $ — $ 1,000 $ 1,000 Total liabilities measured $ — $ — $ 1,000 $ 1,000 June 3, 2023 Level 1 Level 2 Level 3 Balance Assets Municipal bonds $ — $ 16,296 $ — $ 16,296 Commercial paper — 56,409 — 56,409 Corporate bonds — 138,577 — 138,577 Certificates of deposits — 675 — 675 US government and agency obligations — 100,769 — 100,769 Asset backed securities — 13,308 — 13,308 Treasury bills — 29,056 — 29,056 Mutual funds 2,081 — — 2,081 Total assets measured at fair $ 2,081 $ 355,090 $ — $ 357,171

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Dec. 02, 2023
Inventories [Abstract]
Schedule of Inventories	December 2, 2023 June 3, 2023 Flocks, net of amortization $ 162,323 $ 164,540 Eggs and egg products 30,485 28,318 Feed and supplies 94,462 91,560 $ 287,270 $ 284,418

Equity (Tables)

Equity (Tables)	6 Months Ended
	Dec. 02, 2023
Equity [Abstract]
Summary of Equity Activity	Thirteen Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at September 2, 2023 $ 703 $ 48 $ (30,014) $ 73,153 $ (2,291) $ 1,571,744 $ (2,013) $ 1,611,330 Other comprehensive income, net of tax — — — — 677 — — 677 Stock compensation plan transactions — — — 1,061 — — — 1,061 Dividends ($ 0.116 per share) Common — — — — — (5,125) — (5,125) Class A common — — — — — (557) — (557) Net income (loss) — — — — — 17,009 (431) 16,578 Balance at December 2, 2023 $ 703 $ 48 $ (30,014) $ 74,214 $ (1,614) $ 1,583,071 $ (2,444) $ 1,623,964 Twenty-six Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at June 3, 2023 $ 703 $ 48 $ (30,008) $ 72,112 $ (2,886) $ 1,571,112 $ (1,498) $ 1,609,583 Other comprehensive income, net of tax — — — — 1,272 — — 1,272 Stock compensation plan transactions — — (6) 2,102 — — — 2,096 Dividends ($ 0.122 per share) Common — — — — — (5,390) — (5,390) Class A common — — — — — (586) — (586) Net income (loss) — — — — — 17,935 (946) 16,989 Balance at December 2, 2023 $ 703 $ 48 $ (30,014) $ 74,214 $ (1,614) $ 1,583,071 $ (2,444) $ 1,623,964 Thirteen Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrolling Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at May 28, 2022 $ 703 $ 48 $ (28,495) $ 69,017 $ (2,350) $ 1,149,399 $ (359) $ 1,187,963 Other comprehensive loss, net of tax — — — — (737) — — (737) Stock compensation plan transactions — — (1) 988 — — — 987 Dividends ($ 1.353 per share) Common — — — — — (59,708) — (59,708) Class A common — — — — — (6,494) — (6,494) Net income (loss) — — — — — 198,587 (293) 198,294 Balance at November 26, 2022 $ 703 $ 48 $ (28,496) $ 70,005 $ (3,087) $ 1,281,784 $ (652) $ 1,320,305 Twenty-six Weeks Cal-Maine Foods, Inc. Stockholders Common Stock Class A Treasury Paid In Accum. Other Retained Noncontrollin g Amount Amount Amount Capital Comp. Loss Earnings Interest Total Balance at May 28, 2022 $ 703 $ 48 $ (28,447) $ 67,989 $ (1,596) $ 1,065,854 $ (206) $ 1,104,345 Other comprehensive loss, net of tax — — — — (1,491) — — (1,491) Stock compensation plan transactions — — (49) 2,016 — — — 1,967 Contributions — — — — — — — — Dividends ($ 2.206 per share) Common — — — — — (97,355) — (97,355) Class A common — — — — — (10,589) — (10,589) Net income (loss) — — — — — 323,874 (446) 323,428 Balance at November 26, 2022 $ 703 $ 48 $ (28,496) $ 70,005 $ (3,087) $ 1,281,784 (652) $ 1,320,305

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	6 Months Ended
	Dec. 02, 2023
Net Income per Common Share [Abstract]
Computation of Basic and Diluted Net Income Per Share	Thirteen Weeks Twenty-six Weeks December 2, 2023 November 26, 2022 December 2, 2023 November 26, 2022 Numerator Net income $ 16,578 $ 198,294 $ 16,989 $ 323,428 Less: Loss attributable to noncontrolling interest (431) (293) (946) (446) Net income attributable to Cal-Maine Foods, Inc. $ 17,009 $ 198,587 $ 17,935 $ 323,874 Denominator Weighted-average outstanding, basic 48,690 48,624 48,691 48,624 Effect of dilutive restricted shares 176 216 163 203 Weighted-average outstanding, diluted 48,866 48,840 48,854 48,827 Net income per common share attributable to Cal-Maine Foods, Inc. Basic $ 0.35 $ 4.08 $ 0.37 $ 6.66 Diluted $ 0.35 $ 4.07 $ 0.37 $ 6.63

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Dec. 02, 2023
Revenue from Contracts with Customers [Abstract]
Disaggregation of Revenue	Thirteen Weeks Twenty-six Weeks December 2, 2023 November 26, 2022 December 2, 2023 November 26, 2022 Conventional shell egg sales $ 280,599 $ 541,917 $ 505,879 $ 967,506 Specialty shell egg sales 217,905 227,778 426,586 428,598 Egg products 20,012 28,052 42,235 55,692 Other 4,718 3,953 7,878 8,248 $ 523,234 $ 801,700 $ 982,578 $ 1,460,044

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Dec. 02, 2023
Stock Based Compensation [Abstract]
Summary of Equity Award Activity	Number of Shares Weighted Average Grant Date Fair Value Outstanding, June 3, 2023 294,140 $ 43.72 Vested (305) 37.70 Forfeited (1,329) 44.68 Outstanding, December 2, 2023 292,506 $ 43.72

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022	Jun. 03, 2023
Summary of Significant Accounting Policies [Abstract]
Fiscal period duration	91 days	91 days	182 days	182 days
Reserves for credit losses	$ 536		$ 536		$ 579
Percentage of net income loss used to compute accrued dividends			33.33%

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) $ in Thousands, Layers in Millions		6 Months Ended
	Sep. 30, 2023 USD ($) Layers	Dec. 02, 2023 USD ($)	Jun. 03, 2023 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 45,776	$ 44,006
Fassio Egg Farms, Inc. [Member]
Business Acquisition [Line Items]
Effective date of acquisition		Sep. 30, 2023
Layer capacity | Layers	1.2
Contingent consideration measurement period		3 years
Goodwill	$ 1,770

Acquisition (Summary of Conside

Acquisition (Summary of Consideration Paid for Fassio and Amounts of Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 02, 2023	Jun. 03, 2023
Business Acquisition [Line Items]
Goodwill		$ 45,776	$ 44,006
Fassio Egg Farms, Inc. [Member]
Business Acquisition [Line Items]
Cash consideration paid	$ 53,746
Fair value of contingent consideration	1,000
Total estimated purchase price	54,746
Inventory	6,164
Property, plant and equipment	44,540
Intangible assets	2,272
Other long-term assets	143
Liabilities assumed	(143)
Total identifiable net assets	52,976
Goodwill	1,770
Total identifiable net assets and goodwill	$ 54,746

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($)	6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Jun. 03, 2023
Investments Securities [Abstract]
Proceeds from sale of available-for-sale securities, current	$ 196,100,000	$ 65,300,000
Proceeds from sale of available-for-sale securities, noncurrent	0	0
Gross realized gains on sales of available-for-sale securities, current	7,000	2,000
Gross realized losses on sales of available-for-sale securities, current	8,000	$ 63,000
Allowance for credit losses	$ 0		$ 0

Investment Securities (Schedule

Investment Securities (Schedule of Investment Securities) (Details) - USD ($) $ in Thousands	Dec. 02, 2023	Jun. 03, 2023
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	$ 206,774	$ 357,479
Unrealized Gains, Current	38	0
Unrealized Losses, Current	767	2,389
Estimated Fair Value, Current	206,045	355,090
Amortized Cost, Noncurrent	2,190	2,172
Unrealized Gains, Noncurrent	0	0
Unrealized Losses, Noncurrent	24	91
Estimated Fair Value, Noncurrent	2,166	2,081
Municipal Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	6,141	16,571
Unrealized Gains, Current	0	0
Unrealized Losses, Current	108	275
Estimated Fair Value, Current	6,033	16,296
Commercial Paper [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	2,791	56,486
Unrealized Gains, Current	0	0
Unrealized Losses, Current	2	77
Estimated Fair Value, Current	2,789	56,409
Corporate Bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	98,202	139,979
Unrealized Gains, Current	0	0
Unrealized Losses, Current	535	1,402
Estimated Fair Value, Current	97,667	138,577
Certificates of Deposits [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	1,125	675
Unrealized Gains, Current	0	0
Unrealized Losses, Current	6	0
Estimated Fair Value, Current	1,119	675
US Government and Agency Obligations [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	88,470	101,240
Unrealized Gains, Current	0	0
Unrealized Losses, Current	116	471
Estimated Fair Value, Current	88,354	100,769
Asset Backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current	10,045	13,459
Unrealized Gains, Current	38	0
Unrealized Losses, Current	0	151
Estimated Fair Value, Current	10,083	13,308
Treasury Bills [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Current		29,069
Unrealized Gains, Current		0
Unrealized Losses, Current		13
Estimated Fair Value, Current		29,056
Mutual Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Noncurrent	2,190	2,172
Unrealized Gains, Noncurrent	0	0
Unrealized Losses, Noncurrent	24	91
Estimated Fair Value, Noncurrent	$ 2,166	$ 2,081

Investment Securities (Schedu_2

Investment Securities (Schedule of Contractual Maturities of Investment Securities) (Details) - USD ($) $ in Thousands	Dec. 02, 2023	Jun. 03, 2023
Investments Securities [Abstract]
Within one year	$ 145,788
1-5 years	60,257
Total	$ 206,045	$ 355,090

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details)	6 Months Ended
	Dec. 02, 2023
Fassio Egg Farms, Inc. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration measurement period	3 years

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Assets Measured at Fair Value on A Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 02, 2023	Jun. 03, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 208,211	$ 357,171
Liabilities measured at fair value	1,000
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	2,166	2,081
Liabilities measured at fair value	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	206,045	355,090
Liabilities measured at fair value	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Liabilities measured at fair value	1,000
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	6,033	16,296
Municipal Bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Municipal Bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	6,033	16,296
Municipal Bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	2,789	56,409
Commercial Paper [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Commercial Paper [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	2,789	56,409
Commercial Paper [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	97,667	138,577
Corporate Bonds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Corporate Bonds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	97,667	138,577
Corporate Bonds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Certificates of Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	1,119	675
Certificates of Deposits [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Certificates of Deposits [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	1,119	675
Certificates of Deposits [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
US Government and Agency Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	88,354	100,769
US Government and Agency Obligations [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
US Government and Agency Obligations [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	88,354	100,769
US Government and Agency Obligations [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Asset Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	10,083	13,308
Asset Backed Securities [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Asset Backed Securities [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	10,083	13,308
Asset Backed Securities [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Treasury Bills [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		29,056
Treasury Bills [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
Treasury Bills [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		29,056
Treasury Bills [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value		0
Mutual Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	2,166	2,081
Mutual Funds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	2,166	2,081
Mutual Funds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	0	0
Mutual Funds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 0	$ 0

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) pullet_and_breeder in Millions, Layers in Millions, $ in Millions	Dec. 02, 2023 Layers pullet_and_breeder	Jun. 03, 2023 USD ($)
Inventories [Abstract]
Pullets and breeders	10.6	10.8
Layers	43.3	41.2

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Dec. 02, 2023	Jun. 03, 2023
Inventories [Abstract]
Flocks, net of amortization	$ 162,323	$ 164,540
Eggs and egg products	30,485	28,318
Feed and supplies	94,462	91,560
Total inventories	$ 287,270	$ 284,418

Equity (Summary of Equity Activ

Equity (Summary of Equity Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022
Beginning balance	$ 1,611,330	$ 1,187,963	$ 1,609,583	$ 1,104,345
Other comprehensive income (loss), net of tax	677	(737)	1,272	(1,491)
Stock compensation plan transactions	1,061	987	2,096	1,967
Net income (loss)	16,578	198,294	16,989	323,428
Ending balance	$ 1,623,964	$ 1,320,305	$ 1,623,964	$ 1,320,305
Dividends per common share (in dollars per share)	$ 0.116	$ 1.353	$ 0.122	$ 2.206
Common Stock [Member]
Beginning balance	$ 703	$ 703	$ 703	$ 703
Ending balance	703	703	703	703
Treasury Stock [Member]
Beginning balance	(30,014)	(28,495)	(30,008)	(28,447)
Stock compensation plan transactions		(1)	(6)	(49)
Ending balance	(30,014)	(28,496)	(30,014)	(28,496)
Paid In Capital [Member]
Beginning balance	73,153	69,017	72,112	67,989
Stock compensation plan transactions	1,061	988	2,102	2,016
Ending balance	74,214	70,005	74,214	70,005
Accum. Other Comp. Loss [Member]
Beginning balance	(2,291)	(2,350)	(2,886)	(1,596)
Other comprehensive income (loss), net of tax	677	(737)	1,272	(1,491)
Ending balance	(1,614)	(3,087)	(1,614)	(3,087)
Retained Earnings [Member]
Beginning balance	1,571,744	1,149,399	1,571,112	1,065,854
Net income (loss)	17,009	198,587	17,935	323,874
Ending balance	1,583,071	1,281,784	1,583,071	1,281,784
Noncontrolling Interest [Member]
Beginning balance	(2,013)	(359)	(1,498)	(206)
Net income (loss)	(431)	(293)	(946)	(446)
Ending balance	(2,444)	(652)	(2,444)	(652)
Common Stock [Member]
Dividends	(5,125)	(59,708)	(5,390)	(97,355)
Common Stock [Member] | Retained Earnings [Member]
Dividends	(5,125)	(59,708)	(5,390)	(97,355)
Class A Common Stock [Member]
Dividends	(557)	(6,494)	(586)	(10,589)
Class A Common Stock [Member] | Common Stock [Member]
Beginning balance	48	48	48	48
Ending balance	48	48	48	48
Class A Common Stock [Member] | Retained Earnings [Member]
Dividends	$ (557)	$ (6,494)	$ (586)	$ (10,589)

Net Income per Common Share (Co

Net Income per Common Share (Computation of Basic and Diluted Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022
Net Income per Common Share [Abstract]
Net income	$ 16,578	$ 198,294	$ 16,989	$ 323,428
Less: Loss attributable to noncontrolling interest	(431)	(293)	(946)	(446)
Net income attributable to Cal-Maine Foods, Inc.	$ 17,009	$ 198,587	$ 17,935	$ 323,874
Denominator
Weighted-average common shares outstanding, basic (in shares)	48,690	48,624	48,691	48,624
Effect of dilutive restricted shares (in shares)	176	216	163	203
Weighted-average common shares outstanding, diluted (in shares)	48,866	48,840	48,854	48,827
Net income per common share attributable to Cal-Maine Foods, Inc.
Basic (in dollars per share)	$ 0.35	$ 4.08	$ 0.37	$ 6.66
Diluted (in dollars per share)	$ 0.35	$ 4.07	$ 0.37	$ 6.63

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022	Dec. 02, 2023	Nov. 26, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 523,234	$ 801,700	$ 982,578	$ 1,460,044
Conventional shell egg sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	280,599	541,917	505,879	967,506
Specialty shell egg sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	217,905	227,778	426,586	428,598
Egg products [Member]
Disaggregation of Revenue [Line Items]
Net sales	20,012	28,052	42,235	55,692
Other [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 4,718	$ 3,953	$ 7,878	$ 8,248

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 02, 2023	Nov. 26, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	$ 5
Weighted average period of unrecognized compensation expense	1 year 8 months 12 days
Stock based compensation expense	$ 2.1	$ 2

Stock Based Compensation (Summa

Stock Based Compensation (Summary of Equity Award Activity) (Details)	6 Months Ended
	Dec. 02, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of Shares, Outstanding, Beginning Balance (in shares) | shares	294,140
Number of Shares, Vested (in shares) | shares	(305)
Number of Shares, Forfeited (in shares) | shares	(1,329)
Number of Shares, Outstanding, Ending Balance (in shares) | shares	292,506
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Outstanding, Beginning Balance (in dollars per share) | $ / shares	$ 43.72
Weighted Average Grant Date Fair Value, Vested (in dollars per share) | $ / shares	37.70
Weighted Average Grant Date Fair Value, Forfeited (in dollars per share) | $ / shares	44.68
Weighted Average Grant Date Fair Value, Outstanding, Ending Balance (in dollars per share) | $ / shares	$ 43.72

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details)			3 Months Ended	6 Months Ended
	Dec. 01, 2023 USD ($)	Apr. 23, 2020 $ / Claim	Dec. 02, 2023 USD ($)	Dec. 02, 2023 USD ($)
Benton County Foods [Member]
Loss Contingencies [Line Items]
Ownership interest			100%	100%
Kraft Foods Global, Inc. et al. v. United Egg Producers, Inc. et al [Member]
Loss Contingencies [Line Items]
Amount awarded to other party	$ 17,800,000
Treble damages	$ 53,300,000
Settlement accrual			$ 19,600,000
Pending Litigation | State of Texas v. Cal-Maine Foods, Inc. d/b/a Wharton; and Wharton County Foods, LLC [Member]
Loss Contingencies [Line Items]
Damages sought				$ 100,000
Pending Litigation | Bell et al. v. Cal-Maine Foods et al. [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Damages sought per claim | $ / Claim		10,000
Pending Litigation | Bell et al. v. Cal-Maine Foods et al. [Member] | Maximum [Member]
Loss Contingencies [Line Items]
Damages sought per claim | $ / Claim		250,000

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details)			6 Months Ended
	Dec. 18, 2023 Layers pullet_and_breeder	Dec. 12, 2023 Layers	Dec. 02, 2023
Subsequent Event [Line Items]
Percentage of flock affected by avian influenza			3.30%
Subsequent Event [Member]
Subsequent Event [Line Items]
Number of laying hens affected by avian influenza | Layers	842,000	684,000
Number of pullets affected by avian influenza | pullet_and_breeder	240,000
Subsequent Event [Member] | Minimum [Member]
Subsequent Event [Line Items]
Amount of time to return facilities affected by avian influenza to operating status	3 months
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Amount of time to return facilities affected by avian influenza to operating status	5 months