CAL-MAINE FOODS, INC CALM Income Statement

Cal-maine foods, inc (CALM)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Aug'17	Jun'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10
Net sales
345,588	311,522	241,166	280,573	383,992	356,040	340,583	443,095	435,820	361,172	262,845	274,584	306,540	253,544	239,845	303,020	449,760	545,975	609,895	403,011	437,556	378,617	356,944	371,582	395,522	354,275	319,528	325,933	360,373	328,870	272,928	275,245	303,660	290,369	243,842	242,381	274,674	234,523	190,403
Cost of sales
295,760	282,147	262,291	267,818	301,551	285,505	283,455	301,879	315,722	278,776	245,509	262,578	267,375	249,596	249,414	262,340	317,034	334,378	346,824	293,617	325,039	285,908	275,843	280,291	303,627	279,608	274,617	274,444	293,326	277,572	228,213	233,890	238,511	228,877	210,056	200,981	209,094	189,308	157,667
Gross profit
49,828	29,375	-21,125	12,755	82,441	70,535	57,128	141,216	120,098	82,396	17,336	12,006	39,165	3,948	-9,569	40,680	132,726	211,597	263,071	109,394	112,517	92,709	81,101	91,291	91,895	74,667	44,911	51,489	67,047	51,298	44,715	41,355	65,149	61,492	33,786	41,400	65,580	45,215	32,736
Selling, general and administrative
44,231	45,728	42,475	40,045	45,009	45,231	44,510	49,103	44,175	42,160	41,710	50,047	43,738	41,991	40,256	42,404	46,955	45,438	42,963	42,844	40,492	37,112	39,938	43,763	45,299	33,809	33,841	30,770	36,136	30,932	29,118	29,272	30,210	25,819	27,829	27,702	26,619	22,432	24,695
Legal settlement expense - See Note 12
-	-	-	-	-	-	-	-	0	80,750	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on disposal of fixed assets
-385	-212	130	-880	758	30	59	-798	279	50	-4	-2,302	-622	-215	-525	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
5,212	-16,565	-63,470	-30,420	38,190	25,334	12,677	91,315	76,202	-40,464	-24,378	-40,343	-5,195	-38,258	-50,350	-161	85,771	166,159	220,108	65,982	72,025	55,597	41,163	47,528	46,596	40,858	11,070	-7,281	30,911	20,366	15,597	12,083	34,939	35,673	5,957	13,698	38,961	22,783	8,041
Other income (expense):
Interest income, net
803	1,140	1,685	-4,815	1,986	1,688	1,785	-1,779	992	578	474	-1,965	411	781	1,091	-864	1,377	616	27	3,675	-351	-477	-534	5,804	-563	-690	-796	1,639	963	588	1,298	1,678	1,151	822	1,396	11,643	-1,648	-1,547	-1,592
Royalty income
414	348	411	-	565	719	501	-	169	312	278	-	381	324	406	-	362	298	606	-	331	1,452	572	-	1,037	548	1,864	-	2,013	113	162	-	-	-	-	-	-	-	-
Patronage dividends
10,096	-	-	-	10,482	-	-	-	8,286	-	-	-	7,608	-	-	-	6,879	-	-	-	4,336	-	237	-	-5,841	-252	-	-	-11,504	-	-	-	6,548	-	-	-	-	-	-
Equity in income of unconsolidated entities
1,445	-454	-454	351	2,111	909	1,429	1,215	2,379	276	-353	-454	1,018	645	191	1,426	1,542	1,302	730	1,195	817	335	310	1,027	1,530	665	290	-	2,037	-	-	-	645	-	-	-	-	-	-
Other, net
79	482	1,336	2,060	147	124	101	731	29	-795	-538	8,208	-58	-260	122	-136	1,584	-366	-814	2,191	-84	-398	1,038	4,001	4,158	-717	1,353	-1,025	380	2,506	240	815	-406	1,157	172	-12,576	13,221	1,162	636
Total other income, net
12,837	1,516	2,978	2,477	15,291	3,440	3,816	2,575	11,855	371	-139	7,192	9,360	1,490	1,810	1,229	11,744	1,850	549	4,198	5,049	912	1,623	1,018	12,003	58	2,711	-131	14,971	2,031	-896	45,678	5,636	335	-1,224	-2,044	11,573	-385	-956
Income (loss) before income taxes and noncontrolling interest
18,049	-15,049	-60,492	-27,943	53,481	28,774	16,493	93,890	88,057	-40,093	-24,517	-33,151	4,165	-36,768	-48,540	1,068	97,515	168,009	220,657	70,180	77,074	56,509	42,786	48,546	58,599	40,916	13,781	-7,412	45,882	22,397	14,701	57,761	40,575	36,008	4,733	11,654	50,534	22,398	7,085
Income tax (benefit) expense
4,278	-4,863	-14,771	-8,391	13,616	6,768	3,750	21,794	-8,301	-14,012	-8,340	-8,540	34	-13,801	-17,560	1,363	33,173	58,099	76,567	23,904	26,115	19,648	14,601	16,840	15,643	14,669	4,883	-3,776	15,335	8,067	5,181	20,364	14,291	12,776	1,679	5,585	17,075	8,212	2,531
Net income (loss) before noncontrolling interest
13,771	-10,186	-45,721	-19,552	39,865	22,006	12,743	72,096	96,358	-26,081	-16,177	-24,611	4,131	-22,967	-30,980	-295	64,342	109,910	144,090	46,276	50,959	36,861	28,185	31,706	42,956	26,247	8,898	-3,636	30,547	14,330	9,520	37,397	26,284	23,232	3,054	6,069	33,459	14,186	4,554
Less: Income (loss) attributable to noncontrolling interest
22	-125	39	208	88	199	338	329	64	55	-184	-140	-8	43	-44	81	178	680	1,067	162	77	258	530	214	103	141	142	197	-4	40	105	141	182	-28	-63	-1,202	-160	-1,000	-209
Net income (loss) attributable to Cal-Maine Foods, Inc.
13,749	-10,061	-45,760	-19,760	39,777	21,807	12,405	71,767	96,294	-26,136	-15,993	-24,471	4,139	-23,010	-30,936	-376	64,164	109,230	143,023	46,114	50,882	36,603	27,655	31,492	42,853	26,106	8,756	-3,833	30,551	14,290	9,415	37,256	26,102	23,260	3,117	7,271	33,619	15,186	4,763
Net income (loss) per common share attributable to Cal-Maine Foods, Inc.:
Basic (in dollars per share)
0.28	-0.21	-0.94	-0.41	0.82	0.45	0.26	1.48	1.99	-0.54	-0.33	-0.51	0.09	-0.48	-0.64	-0.01	1.33	2.27	2.97	0.96	1.06	0.76	0.57	0.48	0.89	0.54	0.36	-1.21	1.27	0.60	0.39	1.57	1.09	0.97	0.13	0.30	1.41	0.64	0.20
Diluted (in dollars per share)
0.28	-0.21	-0.94	-0.41	0.82	0.45	0.26	1.48	1.99	-0.54	-0.33	-0.51	0.09	-0.48	-0.64	-0.01	1.33	2.26	2.95	0.95	1.05	0.76	0.57	0.47	0.89	0.54	0.36	-1.21	1.27	0.60	0.39	1.56	1.09	0.97	0.13	0.31	1.40	0.63	0.20
Dividends per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.44	0.75	0.98	-	0.35	0.25	0.19	-	0.29	0.18	0.06	-	0.42	0.19	0.13	-	0.36	0.32	0.04	-	0.47	0.21	0.06
Weighted average shares outstanding:
Basic (in shares)
48,473	48,447	48,446	48,670	48,417	48,391	48,390	48,391	48,361	48,330	48,330	48,663	48,286	48,250	48,249	48,249	48,204	48,164	48,163	48,141	48,137	48,136	48,130	72,155	48,095	48,091	24,039	119,971	24,035	23,941	23,921	23,888	23,874	23,871	23,867	23,864	23,861	23,853	23,842
Diluted (in shares)
48,588	48,447	48,446	48,773	48,533	48,534	48,516	48,736	48,476	48,330	48,330	48,532	48,417	48,250	48,249	48,234	48,367	48,361	48,498	48,498	48,447	48,404	48,399	72,458	48,324	48,275	24,131	120,312	24,104	23,978	23,958	23,924	23,949	23,950	23,945	23,946	23,943	23,944	23,935