RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 27, 2020

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

Pilgrim’s has been and, in some cases, continues to be a party to certain transactions with affiliated companies.

	Three Months Ended				Nine Months Ended
	September 27, 2020		September 29, 2019		September 27, 2020		September 29, 2019
	(In thousands)
Sales to related parties:
JBS USA Food Company(a)	$	3,768	$	3,799	$	10,315	$	10,968
JBS Global (U.K.) Ltd.	—		32		—		118
JBS Chile Ltda.	114		—		70		132
Combo, Mercado De Congelados	293		118		780		146
JBS Australia Pty. Ltd.	660		—		1,941		—
Total sales to related parties	$	4,835	$	3,949	$	13,106	$	11,364
	Three Months Ended				Nine Months Ended
	September 27, 2020		September 29, 2019		September 27, 2020		September 29, 2019
	(In thousands)
Cost of goods purchased from related parties:
JBS USA Food Company(a)	$	27,657	$	31,270	$	100,467	$	94,511
Seara Meats B.V.	2,637		7,297		6,360		16,187
JBS Toledo NV	—		64		156		272
JBS Global (U.K.) Ltd.	224		—		669		—
Total cost of goods purchased from related parties	$	30,518	$	38,631	$	107,652	$	110,970
	Three Months Ended				Nine Months Ended
	September 27, 2020		September 29, 2019		September 27, 2020		September 29, 2019
	(In thousands)
Expenditures paid by related parties:
JBS USA Food Company(b)	$	6,429	$	7,919	$	28,402	$	26,028
Seara Food Europe Holdings	3		—		5		—
JBS Chile Ltda.	—		—		—		6
Seara Alimentos	—		—		—		7
Total expenditures paid by related parties	$	6,432	$	7,919	$	28,407	$	26,041
	Three Months Ended				Nine Months Ended
	September 27, 2020		September 29, 2019		September 27, 2020		September 29, 2019
	(In thousands)
Expenditures paid on behalf of related parties:
JBS USA Food Company(b)	$	6,689	$	1,675	$	13,315	$	5,654
Total expenditures paid on behalf of related parties	$	6,689	$	1,675	$	13,315	$	5,654

	September 27, 2020		December 29, 2019
	(In thousands)
Accounts receivable from related parties:
JBS USA Food Company(a)	$	531	$	643
JBS Chile Ltda.	33		301
Combo, Mercado de Congelados	10		—
JBS Australia Pty. Ltd.	42		—
Total accounts receivable from related parties	$	616	$	944
	September 27, 2020		December 29, 2019
	(In thousands)
Accounts payable to related parties:
JBS USA Food Company(a)	$	4,778	$	2,826
JBS Global (U.K.) Ltd.	—		5
Seara Meats B.V.	974		988
Total accounts payable to related parties	$	5,752	$	3,819

(a)    The Company routinely executes transactions to both purchase products from JBS USA Food Company (“JBS USA”) and sell products to them. As of September 27, 2020, approximately $1.3 million of goods purchased from JBS USA were in transit and not reflected on our Condensed Consolidated Balance Sheet.

(b)    The Company has an agreement with JBS USA to allocate costs associated with JBS USA’s procurement of SAP licenses and maintenance services for its combined companies. Under this agreement, the fees associated with procuring SAP licenses and maintenance services are allocated between the Company and JBS USA in proportion to the percentage of licenses used by each company. The agreement expires on the date of expiration, or earlier termination, of the underlying SAP license agreement. The Company also has an agreement with JBS USA to allocate the costs of supporting the business operations by one consolidated corporate team, which have historically been supported by their respective corporate teams. Expenditures paid by JBS USA on behalf of the Company will be reimbursed by the Company and expenditures paid by the Company on behalf of JBS USA will be reimbursed by JBS USA. This agreement expires on December 31, 2020.