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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2021
Jun. 28, 2020
Jun. 27, 2021
Jun. 28, 2020
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ (166,503) $ (6,400) $ (66,035) $ 61,049
Foreign currency translation adjustment:        
Gains (losses) arising during the period 15,847 (18,782) 49,138 (115,547)
Derivative financial instruments designated as cash flow hedges:        
Gains (losses) arising during the period 741 (2,147) 2,209 1,901
Income tax effect 25 0 32 0
Reclassification to net earnings for losses (gains) realized (1,080) (162) (1,248) 580
Income tax effect (40) 0 (72) 0
Available-for-sale securities:        
Gains arising during the period 0 2 0 14
Income tax effect 0 (1) 0 (4)
Reclassification to net earnings for gains realized 0 (12) 0 (12)
Income tax effect 0 3 0 3
Defined benefit plans:        
Gains (losses) arising during the period 9,876 (34,151) 39,103 (44,961)
Income tax effect (3,588) 6,459 (9,918) 9,164
Reclassification to net earnings of losses realized 384 375 955 751
Income tax effect (90) (94) (225) (187)
Total other comprehensive income (loss), net of tax 22,075 (48,510) 79,974 (148,298)
Comprehensive income (loss) (144,428) (54,910) 13,939 (87,249)
Less: Comprehensive income (loss) attributable to noncontrolling interests 184 (364) 444 (183)
Comprehensive income (loss) attributable to Pilgrim’s Pride Corporation $ (144,612) $ (54,546) $ 13,495 $ (87,066)