XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2022
Sep. 26, 2021
Sep. 25, 2022
Sep. 26, 2021
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 258,999 $ 60,835 $ 901,580 $ (5,200)
Foreign currency translation adjustment:        
Gains (losses) arising during the period (314,600) (36,003) (572,130) 13,135
Derivative financial instruments designated as cash flow hedges:        
Gains (losses) arising during the period (1,919) (1,030) (2,242) 1,179
Income tax effect 0 9 0 41
Reclassification to net earnings for losses (gains) realized 1,342 102 2,661 (1,146)
Income tax effect 0 (43) (24) (115)
Available-for-sale securities:        
Losses arising during the period (28) 0 (28) 0
Income tax effect 7 0 7 0
Reclassification to net earnings for gains realized 0 0 0 0
Income tax effect 0 0 0 0
Defined benefit plans:        
Gains (losses) arising during the period 2,472 (7,073) 18,625 32,030
Income tax effect (555) 1,412 (4,564) (8,506)
Reclassification to net earnings for gains realized 0 0 0 0
Income tax effect 0 0 0 0
Reclassification to net earnings of losses realized 346 613 923 1,568
Income tax effect (84) (143) (225) (368)
Total other comprehensive income (loss), net of tax (313,019) (42,156) (556,997) 37,818
Comprehensive income (loss) (54,020) 18,679 344,583 32,618
Less: Comprehensive income attributable to noncontrolling interests 647 110 674 554
Comprehensive income (loss) attributable to Pilgrim’s Pride Corporation $ (54,667) $ 18,569 $ 343,909 $ 32,064