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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Income Statement [Abstract]    
Net sales $ 3,273,425 $ 3,074,928
Cost of sales 3,012,182 2,897,829
Gross profit 261,243 177,099
Selling, general and administrative expense 102,779 92,713
Operating income 158,464 84,386
Interest expense, net of capitalized interest 30,334 32,688
Interest income (2,366) (1,690)
Foreign currency transaction loss (gain) 2,514 (18,385)
Miscellaneous, net (7,844) (34,188)
Income before income taxes 135,826 105,961
Income tax expense 35,358 38,512
Net income 100,468 67,449
Less: Net income attributable to noncontrolling interests 260 181
Net income attributable to Pilgrim’s Pride Corporation $ 100,208 $ 67,268
Weighted average shares of Pilgrim's Pride Corporation common stock outstanding:    
Basic (in shares) 243,580 249,347
Effect of dilutive common stock equivalents (in shares) 278 275
Diluted (in shares) 243,858 249,622
Net income attributable to Pilgrim's Pride Corporation per share of common stock outstanding:    
Basic (in dollars per share) $ 0.41 $ 0.27
Diluted (in dollars per share) $ 0.41 $ 0.27