XML 53 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 25, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivative Instruments and Cash Collateral
Information regarding the Company’s outstanding derivative instruments and cash collateral posted with (owed to) brokers is included in the following table:
 
December 25, 2016
 
December 27, 2015
 
(Fair values in thousands)
Fair values:
 
 
 
Commodity derivative assets
$
5,439

 
$
1,677

Commodity derivative liabilities
(6,827
)
 
(5,436
)
Cash collateral posted with brokers
4,979

 
9,381

Derivatives Coverage(a):
 
 
 
Corn
2.3
%
 
7.0
%
Soybean meal
0.3
%
 
4.1
%
Period through which stated percent of needs are covered:
 
 
 
Corn
September 2018

 
March 2017

Soybean meal
July 2017

 
July 2016

(a)
Derivatives coverage is the percent of anticipated corn and soybean meal needs covered by outstanding derivative instruments through a specified date.