XML 15 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Comprehensive Income (Loss) (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 25, 2011
Sep. 26, 2010
Sep. 25, 2011
Sep. 26, 2010
Condensed Consolidated Statements Of Comprehensive Income (Loss)    
Net income (loss)$ (162,800)$ 58,522$ (410,627)$ 47,746
Other comprehensive income (loss):    
Unrealized holding gains (losses) on available-for-sale securities(1,147)457(1,867)743
Tax effect (172)[1] (353)[1]
Unrealized holding gains (losses) on available-for-sale securities, net of tax(1,147)285(1,867)390
Recognition in earnings of a previously unrecognized gain on a derivative instrument designated as a cash flow hedge   (4,086)
Tax effect   1,521
Recognition in earnings of a previously unrecognized gain on a derivative instrument designated as a cash flow hedge, net of tax   (2,565)
Gains associated with pension and other postretirement benefits2342129,470
Tax effect (16)[1] (3,601)[1]
Gains associated with pension and other postretirement obligations, net of tax benefits, net of tax2326125,869
Total other comprehensive income (loss), net of tax(1,124)311(1,855)3,694
Comprehensive income (loss)(163,924)58,833(412,482)51,440
Less: Comprehensive income (loss) attributable to noncontrolling interests(284)5967902,449
Comprehensive income (loss) attributable to Pilgrim's Pride Corporation$ (163,640)$ 58,237$ (413,272)$ 48,991
[1]For the thirteen and thirty-nine weeks ended September 25, 2011, no tax effect is reflected because the Company has recorded a valuation allowance against the deferred tax benefit.