XML 203 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2022
Jun. 27, 2021
Jun. 26, 2022
Jun. 27, 2021
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 362,021 $ (166,503) $ 642,581 $ (66,035)
Foreign currency translation adjustment:        
Gains (losses) arising during the period (199,328) 15,847 (257,530) 49,138
Derivative financial instruments designated as cash flow hedges:        
Gains (losses) arising during the period (851) 741 (323) 2,209
Income tax effect 0 25 0 32
Reclassification to net earnings for losses (gains) realized 1,162 (1,080) 1,319 (1,248)
Income tax effect 18 (40) (24) (72)
Defined benefit plans:        
Gains arising during the period 7,502 9,876 16,153 39,103
Income tax effect (1,837) (3,588) (4,009) (9,918)
Reclassification to net earnings of losses realized 345 384 577 955
Income tax effect (84) (90) (141) (225)
Total other comprehensive income (loss), net of tax (193,073) 22,075 (243,978) 79,974
Comprehensive income (loss) 168,948 (144,428) 398,603 13,939
Less: Comprehensive income (loss) attributable to noncontrolling interests (95) 184 27 444
Comprehensive income (loss) attributable to Pilgrim’s Pride Corporation $ 169,043 $ (144,612) $ 398,576 $ 13,495