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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Income Statement [Abstract]    
Net sales $ 2,724,675 $ 2,746,678
Cost of sales 2,505,736 2,459,013
Gross profit 218,939 287,665
Selling, general and administrative expense 81,924 85,283
Administrative restructuring activity (27) 789
Operating income 137,042 201,593
Interest expense, net of capitalized interest 33,562 50,300
Interest income (3,340) (1,590)
Foreign currency transaction loss (gain) 2,636 (1,721)
Miscellaneous, net (357) (1,617)
Income before income taxes 104,541 156,221
Income tax expense 20,416 36,997
Net income 84,125 119,224
Less: Net income (loss) attributable to noncontrolling interests 114 (194)
Net income attributable to Pilgrim’s Pride Corporation $ 84,011 $ 119,418
Weighted average shares of Pilgrim's Pride Corporation common stock outstanding:    
Basic (in shares) 249,167 248,838
Effect of dilutive common stock equivalents (in shares) 390 151
Diluted (in shares) 249,557 248,989
Net income attributable to Pilgrim’s Pride Corporation per share of common stock outstanding:    
Basic (in dollars per share) $ 0.34 $ 0.48
Diluted (in dollars per share) $ 0.34 $ 0.48