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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 24, 2012
Dec. 25, 2011
Cash and cash equivalents $ 49,227 $ 41,609
Restricted cash and cash equivalents 4,666 7,680
Investment in available-for-sale securities 156 157
Trade accounts and other receivables, less allowance for doubtful accounts 347,389 349,222
Account receivable from JBS USA, LLC 24,932 21,198
Inventories 987,992 879,094
Income taxes receivable 65,495 59,067
Prepaid expenses and other current assets 43,395 52,350
Assets held for sale 44,713 53,816
Total current assets 1,567,965 1,464,193
Investment in available-for-sale securities 474 497
Deferred tax assets 71,099 71,099
Other long-lived assets 48,843 57,921
Identified intangible assets, net 41,230 44,083
Property, plant and equipment, net 1,209,796 1,241,752
Total assets 2,939,407 2,879,545
Accounts payable 342,101 328,864
Account payable to JBS USA, LLC 6,746 11,653
Accrued expenses and other current liabilities 280,871 281,797
Current deferred tax liabilities 79,247 79,248
Current maturities of long-term debt 15,617 15,611
Total current liabilities 724,582 717,173
Long-term debt, less current maturities 1,214,619 1,408,001
Note payable to JBS USA Holdings, Inc. 0 50,000
Other long-term liabilities 145,469 145,941
Total liabilities 2,084,670 2,321,115
Common stock 2,589 2,143
Additional paid-in capital 1,641,619 1,443,484
Accumulated deficit (735,414) (843,945)
Accumulated other comprehensive loss (57,095) (46,070)
Total Pilgrim's Pride Corporation stockholders' equity 851,699 555,612
Noncontrolling interest 3,038 2,818
Total stockholders' equity 854,737 558,430
Total liabilities and stockholders' equity $ 2,939,407 $ 2,879,545