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STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Loss
The following tables provide information regarding the changes in accumulated other comprehensive income (loss):
 
Thirty-Nine Weeks Ended September 30, 2018(a)
 
Gains Related to Foreign Currency Translation
 
Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges
 
Losses Related to Pension and Other Postretirement Benefits
 
Unrealized Holding Gains on Available-for-Sale Securities
 
Total
 
(In thousands)
Balance, beginning of period
$
42,081

 
$
(1,848
)
 
$
(71,434
)
 
$
61

 
$
(31,140
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before
reclassifications
(58,892
)
 
33

 
5,415

 
985

 
(52,459
)
Amounts reclassified from accumulated other
comprehensive income (loss) to net income
—

 
329

 
683

 
(956
)
 
56

Impact of currency translation
—

 
(5
)
 
—

 
—

 
(5
)
Net other comprehensive income (loss)
(58,892
)
 
357

 
6,098

 
29

 
(52,408
)
     Balance, end of period
$
(16,811
)
 
$
(1,491
)
 
$
(65,336
)
 
$
90

 
$
(83,548
)
 
Thirty-Nine Weeks Ended September 24, 2017(a)
 
Losses Related to Foreign Currency Translation
 
Unrealized Gains on Derivative Financial Instruments Classified as Cash Flow Hedges
 
Losses Related to Pension and Other Postretirement Benefits
 
Unrealized Holding Gains on Available-for-Sale Securities
 
Total
 
(In thousands)
Balance, beginning of period
$
(265,714
)
 
$
99

 
$
(64,243
)
 
$
—

 
$
(329,858
)
Granite Holdings Sarl common-control transaction
204,577

 
(1,368
)
 
—

 
—

 
203,209

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before
reclassifications
92,364

 
(137
)
 
(2,539
)
 
—

 
89,688

Amounts reclassified from accumulated other
comprehensive income (loss) to net income
—

 
9

 
435

 
—

 
444

Net other comprehensive income (loss)
92,364

 
(128
)
 
(2,104
)
 
—

 
90,132

     Balance, end of period
$
31,227

 
$
(1,397
)
 
$
(66,347
)
 
$
—

 
$
(36,517
)
(a)
All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive income (loss).
Schedule of Reclassification from Accumulated Other Comprehensive Loss
 
 
Amounts Reclassified from Accumulated Other Comprehensive Loss(a)
 
 
Details about Accumulated Other Comprehensive Loss Components
 
Thirty-Nine Weeks Ended 
 September 30, 2018
 
Thirty-Nine Weeks Ended 
 September 24, 2017
 
Affected Line Item in the Condensed Consolidated and Combined Statements of Income
 
 
(In thousands)
 
 
Realized loss on settlement of derivative
     financial instruments classified as cash flow
     hedges
 
$
(329
)
 
$
(9
)
 
Cost of sales
Realized gain on sale of securities
 
1,263

 
—

 
Interest income
Amortization of defined benefit pension
     and other postretirement plan actuarial
     losses:
 
 
 
 
 
 
Union employees pension plan(b)(d)
 
(36
)
 
(18
)
 
Cost of sales
Legacy Gold Kist plans(c)(d)
 
(270
)
 
(212
)
 
Cost of sales
Legacy Gold Kist plans(c)(d)
 
(596
)
 
(469
)
 
Selling, general and administrative expense
          Total before tax
 
32

 
(708
)
 
 
Tax benefit
 
(88
)
 
264

 
 
          Total reclassification for the period
 
$
(56
)
 
$
(444
)
 
 

(a)
Amounts in parentheses represent debits to results of operations.
(b)
The Company sponsors the Union Plan, a qualified defined benefit pension plan covering certain locations or work groups with collective bargaining agreements.
(c)
The Company sponsors the GK Pension Plan, a qualified defined benefit pension plan covering certain eligible U.S. employees who were employed at locations that the Company purchased through its acquisition of Gold Kist in 2007, the SERP Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist executives, the Directors’ Emeriti Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist directors and the Retiree Life Plan, a defined benefit postretirement life insurance plan covering certain retired Gold Kist employees (collectively, the “Legacy Gold Kist Plans”).
(d)
These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits” to the Condensed Consolidated and Combined Financial Statements.