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CONSOLIDATED CONSOLIDATED AND COMBINED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2018
Mar. 26, 2017
Income Statement [Abstract]    
Net sales $ 2,746,678 $ 2,479,340
Cost of sales 2,459,013 2,222,805
Gross profit 287,665 256,535
Selling, general and administrative expense 85,283 89,811
Administrative restructuring charges 789 0
Operating income 201,593 166,724
Interest expense, net of capitalized interest 50,300 19,112
Interest income (1,590) (368)
Foreign currency transaction loss (gain) (1,721) 691
Miscellaneous, net (1,617) (2,843)
Income before income taxes 156,221 150,132
Income tax expense 36,997 49,394
Net income 119,224 100,738
Less: Net income from Granite Holdings Sàrl prior to acquisition by Pilgrim's Pride Corporation 0 6,275
Less: Net income (loss) attributable to noncontrolling interests (194) 542
Net income attributable to Pilgrim’s Pride Corporation $ 119,418 $ 93,921
Weighted average shares of Pilgrim's Pride Corporation common stock outstanding:    
Basic (in shares) 248,838 248,692
Effect of dilutive common stock equivalents (in shares) 151 234
Diluted (in shares) 248,989 248,926
Net income attributable to Pilgrim’s Pride Corporation per share of common stock outstanding:    
Basic (in dollars per share) $ 0.48 $ 0.38
Diluted (in dollars per share) $ 0.48 $ 0.38