BUSINESS ACQUISITIONS (Tables)

12 Months Ended

Dec. 27, 2020

The fair values recorded for the assets acquired and liabilities assumed for PPL are as follows (in thousands):


Cash and cash equivalents	$	6,854
Trade accounts and other receivables	146,423
Inventories	104,211
Prepaid expenses and other current assets	6,579
Operating lease assets	5,613
Property, plant and equipment	329,711
Identified intangible assets	40,418
Other assets	14,647
Total assets acquired	654,456

Accounts payable	110,296
Other current liabilities	55,830
Operating lease liabilities	5,613
Deferred tax liabilities	16,804
Pension obligations	18,435
Other long-term liabilities	1,056
Total liabilities assumed	208,034
Total identifiable net assets	446,422
Gain on bargain purchase	(53,134)
Total consideration transferred	$	393,288


	2020		2019		2018
	(In thousands, except per share amounts)
Net sales	$	12,091,901	$	12,462,566	$	12,342,474
Net income attributable to Pilgrim's Pride Corporation	97,038		344,869		189,152
Net income attributable to Pilgrim's Pride Corporation per common share - diluted	0.39		1.38		0.76