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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 25, 2016
Dec. 27, 2015
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 120,328 $ 439,638
Restricted cash and cash equivalents 4,979 0
Trade accounts and other receivables, less allowance for doubtful accounts 317,170 348,994
Accounts receivable from related parties 3,913 2,668
Inventories 813,262 801,357
Income taxes receivable 0 71,410
Prepaid expenses and other current assets 57,457 75,602
Assets held for sale 5,259 6,555
Total current assets 1,322,368 1,746,224
Other long-lived assets 15,710 15,672
Identified intangible assets, net 38,593 47,453
Goodwill 125,607 156,565
Property, plant and equipment, net 1,505,940 1,352,529
Total assets 3,008,218 3,318,443
Notes payable to banks 0 28,726
Accounts payable 555,097 482,954
Accounts payable to related parties 1,421 7,000
Accrued expenses 290,699 314,966
Income taxes payable 20,990 13,228
Current maturities of long-term debt 94 86
Total current liabilities 868,301 846,960
Long-term debt, less current maturities 1,011,858 985,509
Deferred tax liabilities 142,651 131,882
Other long-term liabilities 88,661 92,282
Total liabilities 2,111,471 2,056,633
Commitments and contingencies
Preferred stock, $.01 par value, 50,000,000 shares authorized; no shares issued 0 0
Common stock, $.01 par value, 800,000,000 shares authorized; 259,682,000 and 259,685,145 shares issued at year-end 2016 and year-end 2015, respectively; 249,046,139 and 254,823,286 shares outstanding at year-end 2016 and year-end 2015, respectively 2,597 2,597
Treasury stock, at cost, 10,635,861 shares at year-end 2016 (217,117) (99,233)
Additional paid-in capital 1,686,742 1,675,674
Accumulated deficit (520,635) (261,252)
Accumulated other comprehensive loss (64,243) (58,930)
Total Pilgrim’s Pride Corporation stockholders’ equity 887,344 1,258,856
Noncontrolling interest 9,403 2,954
Total stockholders’ equity 896,747 1,261,810
Total liabilities and stockholders' equity $ 3,008,218 $ 3,318,443