Investment in National Beef Packing Company, LLC (Tables)

9 Months Ended

Sep. 28, 2013

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Schedule of summary of the results of operations for NBP

Below is a summary of the results of operations for NBP for the thirteen and thirty-nine week periods ended September 28, 2013 and September 29, 2012 (thousands of dollars):

	13 weeks  ended		13 weeks  ended		39 weeks  ended		39 weeks  ended
	September  28, 2013		September  29, 2012		September  28, 2013		September  29, 2012
Net sales	$	1,920,747	$	1,909,204	$	5,629,564	$	5,613,374
Costs and expenses:
Cost of sales		1,832,908		1,830,129		5,455,755		5,430,675
Selling, general, and administrative expenses		14,489		13,481		42,386		41,873
Depreciation and amortization		22,250		20,803		65,838		61,868
Total costs and expenses		1,869,647		1,864,413		5,563,979		5,534,416
Operating income		51,100		44,791		65,585		78,958
Other income (expense):
Interest income		2		30		9		40
Interest expense		(2,944)		(2,988)		(9,428)		(9,288)
Other, net		153		126		(1,082)		1,589
Income before taxes		48,311		41,959		55,084		71,299
Income tax expense		(177)		(409)		(737)		(1,145)
Net income		48,134		41,550		54,347		70,154
Less: net income attributable to Kansas City Steak Company, LLC		-		146		255		254
Net income attributable to NBP	$	48,134	$	41,696	$	54,602	$	70,408
NBP's net income attributable to USPB	$	7,255	$	6,285	$	8,230	$	10,613