CONSOLIDATED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Apr. 01, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Cash and cash equivalents	$ 580,811	$ 581,510
Restricted cash	10,657	8,021
Trade accounts and other receivables, less allowance for doubtful accounts	629,829	565,478
Accounts receivable from related parties	1,471	2,951
Inventories	1,242,352	1,255,070
Income taxes receivable	160	0
Prepaid expenses and other current assets	124,358	102,550
Assets held for sale	2,923	708
Total current assets	2,592,561	2,516,288
Deferred tax assets	3,275	0
Other long-lived assets	18,629	18,165
Identified intangible assets, net	628,414	617,163
Goodwill	1,033,126	1,001,889
Property, plant and equipment, net	2,121,630	2,095,147
Total assets	6,397,635	6,248,652
Accounts payable	782,757	733,027
Accounts payable to related parties	5,475	2,889
Revenue contract liability	29,304	36,607
Accrued expenses and other current liabilities	351,558	410,152
Income taxes payable	122,613	222,073
Current maturities of long-term debt	149,389	47,775
Total current liabilities	1,441,096	1,452,523
Long-term debt, less current maturities	2,625,698	2,635,617
Deferred tax liabilities	212,316	208,492
Other long-term liabilities	84,758	96,359
Total liabilities	4,363,868	4,392,991
Common stock	2,604	2,602
Treasury stock	(231,758)	(231,758)
Additional paid-in capital	1,933,780	1,932,509
Retained earnings	293,361	173,943
Accumulated other comprehensive income (loss)	26,469	(31,140)
Total Pilgrim’s Pride Corporation stockholders’ equity	2,024,456	1,846,156
Noncontrolling interest	9,311	9,505
Total stockholders’ equity	2,033,767	1,855,661
Total liabilities and stockholders’ equity	$ 6,397,635	$ 6,248,652

For entities that net deferred tax assets and tax liabilities, represents the net amount of deferred tax assets (after reduction for valuation allowance) and liabilities as of the balance sheet date, which result from applying the applicable enacted tax rate to net temporary differences and carry forwards pertaining to assets or liabilities that are classified as current in the financial statements, or that are expected to reverse in the next twelve months (or normal operating cycle, if longer). A temporary difference is a difference between the tax basis of an asset or liability and its carrying amount in the financial statements prepared in accordance with generally accepted accounting principles that will reverse in ensuing periods. In a classified statement of financial position, an enterprise separates deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carry forwards, are classified according to the expected reversal date of the temporary difference.

No definition available.