7Baggers
Quarterly
Annual
    Unit: USD2020-11-28 2020-08-29 2020-05-30 2020-02-29 2019-11-30 2019-08-31 2019-06-01 2019-03-02 2018-12-01 2018-09-01 2018-06-02 2018-03-03 2017-12-02 2017-09-02 2017-06-03 2017-02-25 2016-11-26 2016-08-27 2016-05-28 2016-02-27 2015-11-28 2015-08-29 2015-05-30 2015-02-28 2014-11-29 2014-08-30 2011-11-26 2011-08-27 2011-05-28 2011-02-26 2010-11-27 2010-08-28 2010-05-29 2010-02-27 2009-11-28 2009-08-29 2009-05-31 2009-02-28 2008-11-29 2008-08-30 2008-05-31 2007-06-02 2006-06-03 
      
    		                                           
      operating activities:
    		                                           
      net income
    		12,155,000 -19,399,000                                33,951,000   10,266,000 30,843,000 27,244,000 11,147,000 36,558,000   
      depreciation and amortization
    		14,561,000 14,744,000 15,192,000 15,340,000 13,951,000 13,620,000 13,793,000 13,628,000 13,682,000 13,547,000 13,695,000 13,719,000 13,475,000 13,137,000 13,389,000 12,749,000 11,816,000 11,159,000 11,407,000 11,078,000 11,046,000 11,061,000 10,507,000 10,217,000 10,861,000 9,123,000 7,603,000 7,658,000 7,662,000 7,582,000 7,653,000 7,857,000 9,382,000 7,384,000 7,607,000 7,412,000 7,599,000   6,494,000 6,241,000   
      impairment loss on property, plant & equipment
    		   0 0 2,919,000                                      
      other adjustments
    		-22,567,000 -10,145,000  8,707,000 -17,359,000 -31,496,000  13,427,000 -29,182,000 -5,108,000  -28,833,000 98,935,000 -18,447,000  -3,908,000 -13,591,000 -25,626,000  -43,152,000 25,381,000 -1,036,000  7,109,000 -17,610,000 649,000  -4,421,000    -10,719,000    -8,985,000    3,290,000    
      net cash from operations
    		4,149,000 -14,800,000  37,818,000 -13,594,000 -60,678,000  66,920,000 6,506,000 21,182,000  81,244,000 86,329,000 -21,487,000  12,972,000 -24,742,000 -45,447,000  32,268,000 146,337,000 154,115,000  68,285,000 30,112,000 37,957,000  6,291,000    1,692,000    -5,405,000    20,931,000    
      capex
    		-27,035,000 -25,338,000  -26,494,000 -44,436,000 -23,670,000  -17,869,000 -9,773,000 -9,199,000  -3,468,000 -3,654,000 -6,517,000  -14,213,000 -16,754,000 -23,895,000  -21,091,000 -18,762,000 -15,266,000  -19,074,000 -22,511,000 -20,524,000  -5,005,000    -6,473,000    -4,625,000    -5,920,000    
      free cash flows
    		-22,886,000 -40,138,000  11,324,000 -58,030,000 -84,348,000  49,051,000 -3,267,000 11,983,000  77,776,000 82,675,000 -28,004,000  -1,241,000 -41,496,000 -69,342,000  11,177,000 127,575,000 138,849,000  49,211,000 7,601,000 17,433,000  1,286,000    -4,781,000    -10,030,000    15,011,000    
      investing activities:
    		                                           
      purchases of investment securities
    		-5,442,000 -24,195,000  -1,984,000 -1,008,000 -9,108,000  -43,627,000 -35,771,000 -42,793,000                                  
      sales and maturities of investment securities
    		30,846,000 28,231,000  44,373,000 67,241,000 69,919,000 49,616,000 51,916,000 55,294,000 52,980,000                                  
      distributions from unconsolidated entities
    		2,000,000 650,000 1,000,000 3,757,000 1,499,000 858,000                                      
      acquisition of business
    		   0    0        0                            
      purchases of property, plant and equipment
    		-27,035,000 -25,338,000 -29,578,000 -26,494,000 -44,436,000 -23,670,000 -31,148,000 -17,869,000 -9,773,000 -9,199,000 -6,032,000 -3,468,000 -3,654,000 -6,517,000 -11,795,000 -14,213,000 -16,754,000 -23,895,000 -21,006,000 -21,091,000 -18,762,000 -15,266,000 -20,154,000 -19,074,000 -22,511,000 -20,524,000 -7,470,000 -5,005,000 -6,656,000 -4,490,000 -3,123,000 -6,473,000 -5,183,000 -4,840,000 -6,138,000 -4,625,000 -6,693,000 -4,276,000 -9,223,000 -5,920,000 -8,105,000 -6,401,000 -5,433,000 
      net proceeds from disposal of property, plant and equipment
    		72,000 181,000 1,467,000 -27,000 483,000 1,383,000 363,000 758,000 361,000 93,000 384,000 359,000 146,000 74,000 8,000 -87,000 153,000 10,000 136,000 2,505,000 48,000 171,000  1,886,000 59,000 86,000 0 9,000 1,840,000 8,000 48,000 9,000 5,680,000 91,000 370,000 809,000  -140,000 116,000 152,000 190,000   
      net cash from investing activities
    		441,000 -20,471,000 -99,636,000 19,625,000 -20,736,000 39,382,000    -2,191,000 -110,889,000 7,472,000 -84,249,000 23,816,000 -10,430,000 4,735,000 6,137,000 55,690,000 -5,186,000 1,041,000 -138,690,000 -69,714,000 -44,336,000 -50,104,000 -22,706,000 -24,486,000 -22,101,000 23,568,000 8,753,000 -29,366,000 -16,678,000 6,686,000 -28,950,000 -29,553,000 -7,332,000 4,284,000 -13,183,000   -34,779,000 -2,525,000 -27,516,000 -5,780,000 
      financing activities:
    		                                           
      purchase of common stock by treasury
    		  0 -889,000 -10,000 -11,000 0 -979,000   0 -1,103,000 -4,000 -21,000  -1,655,000 -20,000 -40,000                          
      distributions to noncontrolling interests
    		   0 1,000 -756,000          0 0 -73,000  -444,000 -449,000 -10,000  -286,000 -226,000 -429,000                  
      principal payments on long-term debt
    		  0 0 -750,000 -750,000        -1,208,000 -11,812,000 -1,638,000 -1,530,000 -1,530,000 -1,670,000 -1,530,000 -13,780,000 -8,310,000 -2,507,000 -2,525,000 -2,576,000 -2,625,000 -3,727,000 -2,762,000 -20,739,000 -3,674,000 -3,658,000 -18,441,000 -13,807,000 -3,829,000 -5,124,000 -2,907,000 -3,064,000   -2,250,000  -21,641,000 -2,110,000 
      principal payments on finance lease
    		-51,000 -50,000 -50,000 -49,000 -49,000 -48,000                                      
      contributions
    		                                           
      net cash from financing activities
    		-91,000 -50,000 -50,000 -938,000 -808,000 -1,565,000 -14,029,000 -9,022,000 -5,003,000 -18,398,000 -1,187,000 -2,346,000 -1,215,000 -950,000 -11,812,000 -3,293,000 -1,550,000 -1,643,000 -23,025,000 -40,200,000 -61,985,000 -23,700,000 -19,007,000 -15,031,000 -12,074,000 -13,440,000 -4,777,000 -4,994,000 -34,181,000 -8,663,000 -5,256,000 -25,379,000 -25,227,000 -8,031,000 24,931,000 -14,220,000 -14,228,000   -5,594,000 -27,062,000 4,649,000 -2,373,000 
      net change in cash and cash equivalents
    		4,499,000 -35,321,000  56,505,000 -35,138,000 -22,861,000  51,165,000 -2,819,000 593,000  86,370,000 865,000 1,379,000  14,414,000 -20,155,000 8,600,000  -6,891,000 -54,338,000 60,701,000  3,150,000 -4,668,000 31,000 8,063,000 24,865,000  14,275,000 -16,064,000 -17,001,000  30,012,000 59,669,000 -15,341,000  48,207,000 -49,273,000 -19,442,000    
      cash and cash equivalents at beginning of period
    		0 78,130,000  0 0 69,247,000  0 0 48,431,000  0 0 17,564,000  0 0 29,046,000  0 0 8,667,000  0 0 14,521,000 0 57,679,000  0 0 99,453,000  0 0 66,883,000  0 0 94,858,000    
      cash and cash equivalents at end of period
    		4,499,000 42,809,000  56,505,000 -35,138,000 46,386,000  51,165,000 -2,819,000 49,024,000  86,370,000 865,000 18,943,000  14,414,000 -20,155,000 37,646,000  -6,891,000 -54,338,000 69,368,000  3,150,000 -4,668,000 14,552,000 8,063,000 82,544,000  14,275,000 -16,064,000 82,452,000  30,012,000 59,669,000 51,542,000  48,207,000 -49,273,000 75,416,000    
      supplemental information:
    		                                           
      cash paid for operating leases
    		0 237,000 236,000 237,000 201,000 197,000                                      
      interest paid
    		194,000 -65,000 421,000 -14,000                                        
      cash flows from operating activities:
    		                                           
      adjustments to reconcile net income to net cash from operating activities:
    		                                           
      deferred income taxes
    		                                           
      equity in income of affiliates
    		                                           
      loss on disposal of property, plant and equipment
    		                                           
      impairment loss on fixed assets
    		                                           
      stock compensation expense, net of amounts paid
    		                                           
      unrealized losses on investments
    		                                           
      gains on sales of investments
    		                                           
      purchases of equity securities
    		                                           
      sales of equity securities
    		                                           
      amortization of investments
    		                                           
      other
    		                                           
      change in operating assets and liabilities, net of effects from acquisitions:
    		                                           
      increase in receivables and other assets
    		                                           
      increase in inventories
    		                                           
      increase in accounts payable, accrued expenses and other liabilities
    		                                           
      net cash from operating activities
    		                                           
      cash flows from investing activities:
    		                                           
      purchases of investments
    		                            -15,872,000 -65,793,000   -47,604,000 -27,053,000   -6,528,000 -7,700,000   0   
      sales of investments
    		           33,552,000 27,633,000 34,104,000 23,363,000 35,047,000 100,447,000 92,833,000 70,573,000 117,376,000 60,561,000 43,942,000 37,290,000 37,242,000 30,321,000 41,926,000 23,368,000 39,327,000 28,907,000 34,680,000 22,400,000 51,251,000 14,715,000 1,557,000 6,147,000 9,118,000 -672,000 5,545,000 6,015,000 4,500,000 5,000,000   
      acquisition of businesses, net of cash acquired
    		                                0 0 0 -508,000 0 -61,466,000 0 -29,757,000    
      investment in unconsolidated entities
    		      -1,000 0 0 -4,272,000                                  
      cash flows from financing activities:
    		                                           
      contributions from (distributions to) to noncontrolling interest partners
    		                                           
      payments of dividends
    		                  -21,411,000 -36,457,000 -47,694,000 -15,380,000 -16,972,000 -12,220,000 -9,272,000 -10,446,000 -1,050,000 -2,435,000   -1,598,000 -7,009,000   0 -3,425,000   -3,781,000 -12,186,000    
      increase in cash and cash equivalents
    		                                           
      cash and cash equivalents at beginning of year
    		                                           
      cash and cash equivalents at end of year
    		                                           
      income taxes paid
    		                                           
      net income including noncontrolling interest
    		   13,771,000 -10,186,000 -45,721,000  39,865,000 22,006,000 12,743,000  96,358,000 -26,081,000 -16,177,000  4,131,000 -22,967,000 -30,980,000  64,342,000 109,910,000 144,090,000  50,959,000 36,861,000 28,185,000  3,054,000                
      payment of dividends
    		       -7,259,000 -4,135,000 -17,075,000                                  
      cash flows from operating activities
    		                                           
      net income including noncontrolling interests
    		                            6,069,000 33,459,000              
      (gain) loss on disposal of property, plant and equipment
    		                                           
      amortization of investment securities
    		                                           
      cash flows from investing activities
    		                                           
      purchases of investments securities
    		                                           
      payments received on notes receivable and from investments in affiliates
    		                            534,000 1,400,000   3,442,000           
      cash flows from financing activities
    		                                           
      contributions from (distributions to) noncontrolling interest partners
    		                                           
      supplemental cash flow information:
    		                                           
      cash paid (received) during the year for:
    		                                           
      income taxes paid (refunds received)
    		                                           
      interest
    		                                           
      net cash used by investing activities
    		       -6,733,000                                    
      contributions from noncontrolling interests
    		                                           
      principal payments on long-term debt and capital lease obligations
    		       -784,000 -862,000 -1,323,000  -1,243,000                                
      proceeds from unconsolidated entities
    		                                           
      payments received from unconsolidated entities
    		         1,000,000                                  
      recovery of note receivable
    		                                           
      investment in red river valley egg farm llc
    		                                           
      purchase of investments
    		           -24,117,000 -110,151,000 -2,653,000  -12,548,000 -4,316,000 -9,008,000  -92,073,000 -179,574,000 -80,668,000  -70,784,000 -25,463,000 -43,709,000  -14,883,000    -39,191,000        -1,015,000    
      investment in joint venture
    		           -1,300,000                                
      payments received from affiliates
    		                                           
      contributions from (distributions to) noncontrolling interests
    		           0 0 279,000                              
      payments received on notes receivable and from affiliates
    		            3,377,000 8,000  3,486,000 500,000 1,250,000  3,824,000 746,000 107,000  626,000 38,000 745,000  4,120,000    1,606,000            
      investment in joint ventures
    		             -1,200,000  -6,950,000 -5,250,000 -5,500,000  -9,500,000 -1,709,000 -18,000,000                      
      loss on fair value adjustment of contingent consideration
    		                                           
      investment in southwest specialty egg llc
    		                                           
      distributions to noncontrolling interest partners
    		                                           
      cash paid during the year for:
    		                                           
      adjustments to reconcile net income
    		                                           
      to net cash from operating activities:
    		                                           
      non-cash gain on delta egg acquisition
    		                                           
      (gain) loss on fair value adjustment of contingent consideration
    		                                           
      change in operating assets and liabilities
    		                                           
      of effects from acquisitions:
    		                                           
      decrease in accrued expenses for payment of legal settlement expense
    		                                           
      proceeds from issuance of common stock from treasury
    		                      471,000 0 0 60,000 0 203,000  71,000 0 71,000  -104,000 55,000 262,000  179,000 -179,000 427,000 9,000   
      income taxes, net of refunds received
    		                                           
      purchase of company stock
    		                   -1,769,000                        
      impairment (recovery) of note receivable
    		                                           
      payments received on notes receivable and
    		                                           
      from investments in affiliates
    		                                           
      increase in notes receivable and investments in affiliates
    		                            0 0 0 -516,000            
      net proceeds from disposal of property,
    		                                           
      plant and equipment
    		                                           
      decrease in cash and cash equivalents
    		                                           
      supplemental schedule of non-cash investing and financing activity:
    		                                           
      issuance of stock from treasury
    		                                           
      contingent consideration recognized in acquisition of business
    		                                           
      investment in southwest specialty eggs, llc
    		                                           
      investment in southwest specialty, llc
    		                        -5,150,000 -3,010,000                  
      property and equipment impairment charge
    		                                           
      distribution from eggland’s besttm
    		                                           
      stock compensation (benefit) expense, net of amounts paid
    		                                           
      impairment of note receivable
    		                                           
      (decrease) in accrued expenses for payment of legal settlement expense
    		                                           
      operating activities
    		                                           
      other net
    		                                           
      investing activities
    		                                           
      financing activities
    		                                           
      gain on sale of eggland’s besttm stock
    		                                           
      gain on deconsolidation of variable interest entity
    		                                           
      gain on disposal of property, plant and equipment
    		                                           
      loss on early extinguishment of debt
    		                                           
      interest on purchase obligation
    		                                           
      change in operating assets and liabilities, net of effects from acquisitions
    		                                           
      receivables and other assets
    		                                           
      inventories
    		                                           
      accounts payable, accrued expenses and other liabilities
    		                                           
      payments received from sale of eggland’s besttm stock
    		                                           
      long-term borrowings
    		                                          0 
      payment for early extinguishment of debt
    		                                           
      equity contribution to south texas protein, llc
    		                                           
      payment of purchase obligation
    		                                0 1,000 0 -8,150,000 -840,000 -1,296,000 -840,000 -11,585,000 -5,760,000 0  
      stock options exercised
    		                                           
      notes receivable from noncontrolling interest holders in south texas protein, llc, for capital contribution
    		                                           
      proceeds from sale of non-voting stock in eggland’s besttm
    		                                           
      proceeds from long-term borrowings
    		                                 0      20,000,000    
      other adjustments/net
    		                                           
      net income attributable to cal-maine foods, inc.
    		                               4,763,000    -3,832,000        
      net income attributable to noncontrolling interest
    		                               -209,000            
      net income attributable to noncontrolling interests
    		                                           
      net (income) loss attributable to noncontrolling interest
    		                                           
      increase in notes receivable and equity investments in affiliates
    		                                           
      noncontrolling interest allocation
    		                                           
      cash in escrow designated for acquisition
    		                                           
      payments received on notes receivable
    		                                  456,000 195,000        
      increase in notes receivable
    		                                  0 -705,000        
      gain on disposal of property, plant and
    		                                           
      equipment
    		                                           
      stock compensation benefit, net of amounts paid
    		                                           
      net change in non-controlling interest in consolidated entities
    		                                           
      of effects from acquisitions
    		                                           
      accounts payable, accrued expenses
    		                                           
      and other liabilities
    		                                           
      from investments
    		                                           
      increase in notes receivable and investments
    		                                      2,026,000 -2,922,000  -22,000 -1,529,000 
      proceeds from issuance of common stock from
    		                                           
      treasury
    		                                           
      income taxes
    		                                           
      increase in notes receivable and equity investments
    		                                           
      proceeds from issuance of long-term debt
    		                                     29,765,000      
      depreciation/amortization
    		                                           
      payments received on notes receivable and from investments
    		                                      372,000 183,000    
      net cash (used in) investing activities
    		                                           
      principal payments of long-term debt
    		                                           
      net cash (used in) financing activities
    		                                           
      equity in (income) loss of affiliates
    		                                           
      capital distributions
    		                                           
      purchases of common stock for treasury
    		                                           
      net (increase) / decrease in investments
    		                                           
      acquisitions of businesses, net of cash acquired
    		                                           
      net proceeds from sale of property, plant and equipment
    		                                           
      minority interest
    		                                           
      of effects from acquisition
    		                                           
      non-cash investing activity - note receivable for
    		                                           
      sale of livestock
    		                                           
      net decrease in investments
    		                                           
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.