XML 26 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 29, 2019
Statement of Comprehensive Income [Abstract]      
Net income $ 31,268 $ 95,070 $ 456,536
Foreign currency translation adjustment      
Gains (losses) arising during the period (55,541) 83,890 54,662
Derivative financial instruments designated as cash flow hedges      
Gains (losses) arising during the period 398 3,719 (2,106)
Income tax effect 22 160 0
Reclassification to net earnings for losses (gains) realized (1,437) (2,664) 383
Income tax effect (157) 0 0
Available-for-sale securities      
Gains arising during the period 0 73 510
Income tax effect 0 (18) (124)
Reclassification to net earnings for gains realized 0 (73) (619)
Income tax effect 0 18 151
Defined Benefit Plan      
Gains (losses) realized during the period 35,122 (38,845) (2,161)
Income tax effect (7,524) 7,121 1,016
Reclassification to net earnings of losses realized 2,278 1,502 1,313
Income tax effect (538) (374) (320)
Total other comprehensive income (loss), net of tax (27,377) 54,509 52,705
Comprehensive income 3,891 149,579 509,241
Less: Comprehensive income attributable to noncontrolling interests 268 313 612
Comprehensive income attributable to Pilgrim's Pride Corporation $ 3,623 $ 149,266 $ 508,629