

2016	First		Second		Third		Fourth^(a)		Year
	(In thousands, except per share data)
Net sales	$	1,962,937	$	2,028,315	$	2,031,721	$	1,908,150	$	7,931,123
Gross profit	237,562		286,131		210,217		180,450		914,360
Net income attributable to PPC common stockholders	118,371		152,886		98,657		70,618		440,532
Net income per share amounts - basic	0.46		0.60		0.39		0.29		1.74
Net income per share amounts - diluted	0.46		0.60		0.39		0.28		1.73
Number of days in period	91		91		91		91		364



2015	First		Second^(b)		Third^(c)		Fourth^(c)		Year
	(In thousands, except per share data)
Net sales	$	2,052,919	$	2,053,876	$	2,112,529	$	1,960,780	$	8,180,104
Gross profit (loss)	377,120		432,020		284,544		160,693		1,254,377
Net income attributable to PPC common stockholders	204,215		241,489		137,062		63,148		645,914
Net income per share amounts - basic	0.79		0.93		0.53		0.25		2.50
Net income per share amounts - diluted	0.79		0.93		0.53		0.25		2.50
Number of days in period	91		91		91		91		364



2014	First		Second		Third		Fourth		Year
	(In thousands, except per share data)
Net sales	$	2,018,065	$	2,186,817	$	2,268,048	$	2,110,435	$	8,583,365
Gross profit	215,106		349,476		450,265		379,148		1,393,995
Net income attributable to PPC common stockholders	98,117		190,360		255,983		167,188		711,648
Net income per share amounts - basic	0.38		0.74		0.99		0.65		2.75
Net income per share amounts - diluted	0.38		0.73		0.99		0.64		2.74
Number of days in period	91		91		91		91		364


(a)	In the fourth quarter of 2016, the company recognized impairment charges of $1.1 million related to our Dallas, Texas plant held for sale.


(b)	In the second quarter of 2015, the Company recognized impairment charges of $4.8 million related to our Dallas, Texas and Bossier City, Louisiana plants held for sale.

(c)

On June 29, 2015, the Company acquired, indirectly through certain of its Mexican subsidiaries, 100% of the equity of Tyson Mexico from Tyson Foods, Inc. and certain of its subsidiaries. The results of operations of the acquired business since June 29, 2015 are included in the Company’s Consolidated Statements of Operations. Net sales generated by the acquired business during the third and fourth quarters of 2015 were $128.9 million and $121.7 million, respectively. The acquired business incurred net losses of $2.9 million and $10.8 million during the third and fourth quarters of 2015, respectively.