XML 290 R80.htm IDEA: XBRL DOCUMENT v3.23.2
RESTRUCTURING-RELATED ACTIVITIES - Schedule of Restructuring Reserve (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 26, 2023
Jun. 25, 2023
Restructuring Reserve [Roll Forward]    
Cash payments and disposals   $ (30,324)
Moy Park    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve $ 8,539 8,539
Restructuring charges incurred 1,355  
Cash payments and disposals (6,174)  
Currency translation 241  
Ending liability or reserve 3,961  
Moy Park | Asset impairment costs    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 2,391 2,391
Restructuring charges incurred (323)  
Cash payments and disposals (2,514)  
Currency translation 446  
Ending liability or reserve 0  
Moy Park | Inventory adjustments    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 1 1
Restructuring charges incurred 47  
Cash payments and disposals (48)  
Currency translation 0  
Ending liability or reserve 0  
Moy Park | Other charges    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 6,025 6,025
Restructuring charges incurred 141  
Cash payments and disposals (2,152)  
Currency translation (211)  
Ending liability or reserve 3,803  
Moy Park | Other employee costs    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 0
Restructuring charges incurred 1,364  
Cash payments and disposals (1,364)  
Currency translation 0  
Ending liability or reserve 0  
Moy Park | Contract termination costs    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 122 122
Restructuring charges incurred 126  
Cash payments and disposals (96)  
Currency translation 6  
Ending liability or reserve 158  
Pilgrim’s Pride Ltd.    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 7,419 7,419
Restructuring charges incurred 14,831  
Cash payments and disposals (6,507)  
Currency translation 384  
Ending liability or reserve 16,127  
Pilgrim’s Pride Ltd. | Employee retention benefits    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 0
Restructuring charges incurred 1,642  
Cash payments and disposals (1,276)  
Currency translation 10  
Ending liability or reserve 376  
Pilgrim’s Pride Ltd. | Inventory adjustments    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 615 615
Restructuring charges incurred 604  
Cash payments and disposals (722)  
Currency translation 27  
Ending liability or reserve 524  
Pilgrim’s Pride Ltd. | Other charges    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 501 501
Restructuring charges incurred 3,954  
Cash payments and disposals 0  
Currency translation 72  
Ending liability or reserve 4,527  
Pilgrim’s Pride Ltd. | Severance    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 5,503 5,503
Restructuring charges incurred 8,698  
Cash payments and disposals (4,509)  
Currency translation 231  
Ending liability or reserve 9,923  
Pilgrim’s Pride Ltd. | Lease termination    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 800 800
Restructuring charges incurred (67)  
Cash payments and disposals 0  
Currency translation 44  
Ending liability or reserve 777  
Pilgrim’s Food Masters    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 639 639
Restructuring charges incurred 21,558  
Cash payments and disposals (17,643)  
Currency translation 163  
Ending liability or reserve 4,717  
Pilgrim’s Food Masters | Asset impairment costs    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 0
Restructuring charges incurred 4,141  
Cash payments and disposals (4,143)  
Currency translation 2  
Ending liability or reserve 0  
Pilgrim’s Food Masters | Inventory adjustments    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 0
Restructuring charges incurred 728  
Cash payments and disposals (728)  
Currency translation 0  
Ending liability or reserve 0  
Pilgrim’s Food Masters | Other charges    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 0
Restructuring charges incurred 3,982  
Cash payments and disposals (1,921)  
Currency translation 41  
Ending liability or reserve 2,102  
Pilgrim’s Food Masters | Severance    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 639 639
Restructuring charges incurred 11,488  
Cash payments and disposals (10,851)  
Currency translation 52  
Ending liability or reserve 1,328  
Pilgrim’s Food Masters | Lease termination    
Restructuring Reserve [Roll Forward]    
Beginning liability or reserve 0 $ 0
Restructuring charges incurred 1,219  
Cash payments and disposals 0  
Currency translation 68  
Ending liability or reserve $ 1,287