XML 16 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jul. 01, 2018
Dec. 31, 2017
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 640,842 $ 581,510
Restricted cash 33,185 8,021
Trade accounts and other receivables, less allowance for doubtful accounts 589,933 565,478
Accounts receivable from related parties 1,179 2,951
Inventories 1,190,017 1,255,070
Prepaid expenses and other current assets 132,820 102,550
Assets held for sale 2,904 708
Total current assets 2,590,880 2,516,288
Deferred tax assets 3,149 0
Other long-lived assets 18,276 18,165
Identified intangible assets, net 593,751 617,163
Goodwill 982,560 1,001,889
Property, plant and equipment, net 2,113,953 2,095,147
Total assets 6,302,569 6,248,652
Accounts payable 815,696 733,027
Accounts payable to related parties 26,941 2,889
Revenue contract liability 32,200 36,607
Accrued expenses and other current liabilities 407,442 410,152
Income taxes payable 60,174 222,073
Current maturities of long-term debt 44,606 47,775
Total current liabilities 1,387,059 1,452,523
Long-term debt, less current maturities 2,584,486 2,635,617
Deferred tax liabilities 196,561 208,492
Other long-term liabilities 80,045 96,359
Total liabilities 4,248,151 4,392,991
Common stock 2,604 2,602
Treasury stock (231,758) (231,758)
Additional paid-in capital 1,938,140 1,932,509
Retained earnings 399,902 173,943
Accumulated other comprehensive income (loss) (63,584) (31,140)
Total Pilgrim’s Pride Corporation stockholders’ equity 2,045,304 1,846,156
Noncontrolling interest 9,114 9,505
Total stockholders’ equity 2,054,418 1,855,661
Total liabilities and stockholders’ equity $ 6,302,569 $ 6,248,652