SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 24, 2012

Guarantees [Abstract]

Schedule of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS
June 24, 2012

			Subsidiary		Subsidiary		Eliminations/
	Parent		Guarantor		Non-Guarantors		Adjustments			Consolidation
	(In thousands)
Cash and cash equivalents	$	24,988	$	—	$	24,239	$	—		$	49,227
Restricted cash and cash equivalents		—		—		4,666		—			4,666
Investment in available-for-sale securities		—		—		156		—			156
Trade accounts and other receivables, less allowance for
doubtful accounts		292,044		15,285		40,060		—			347,389
Account receivable from JBS USA, LLC		24,932		—		—		—			24,932
Inventories		869,863		22,767		95,362		—			987,992
Income taxes receivable		59,722		—		6,781		(1,008	)		65,495
Current deferred tax assets		—		4,003		1,492		(5,495	)		—
Prepaid expenses and other current assets		21,478		188		21,729		—			43,395
Assets held for sale		28,778		—		15,935		—			44,713
Total current assets		1,321,805		42,243		210,420		(6,503	)		1,567,965
Investment in available-for-sale securities		—		—		474		—			474
Intercompany receivable		33,609		32,218		—		(65,827	)		—
Investment in subsidiaries		339,489		—		—		(339,489	)		—
Deferred tax assets		75,392		—		7		(4,300	)		71,099
Other long-lived assets		48,351		—		180,492		(180,000	)		48,843
Identified intangible assets, net		29,423		—		11,807		—			41,230
Property, plant and equipment, net		1,063,036		47,112		103,536		(3,888	)		1,209,796
Total assets	$	2,911,105	$	121,573	$	506,736	$	(600,007	)	$	2,939,407
Accounts payable	$	294,107	$	12,276	$	35,718	$	—		$	342,101
Account payable to JBS USA, LLC		6,746		—		—		—			6,746
Accrued expenses and other current liabilities		221,578		19,864		39,426		3			280,871
Income taxes payable		—		—		1,008		(1,008	)		—
Current deferred tax liabilities		83,809		—		933		(5,495	)		79,247
Current maturities of long-term debt		15,617		—		—		—			15,617
Total current liabilities		621,857		32,140		77,085		(6,500	)		724,582
Long-term debt, less current maturities		1,239,619		—		—		(25,000	)		1,214,619
Intercompany payable		—		—		65,830		(65,830	)		—
Deferred tax liabilities		—		4,003		297		(4,300	)		—
Other long-term liabilities		297,264		—		3,205		(155,000	)		145,469
Total liabilities		2,158,740		36,143		146,417		(256,630	)		2,084,670
Total Pilgrim’s Pride Corporation stockholders’
equity		752,365		85,430		357,281		(343,377	)		851,699
Noncontrolling interest		—		—		3,038		—			3,038
Total stockholders’ equity		752,365		85,430		360,319		(343,377	)		854,737
Total liabilities and stockholders’ equity	$	2,911,105	$	121,573	$	506,736	$	(600,007	)	$	2,939,407

CONDENSED CONSOLIDATING BALANCE SHEETS
December 25, 2011

			Subsidiary		Subsidiary		Eliminations/
	Parent		Guarantor		Non-Guarantors		Adjustments			Consolidation
	(In thousands)
Cash and cash equivalents	$	13,733	$	30	$	27,846	$	—		$	41,609
Restricted cash and cash equivalents		—		—		7,680		—			7,680
Investment in available-for-sale securities		—		—		157		—			157
Trade accounts and other receivables, less allowance for
doubtful accounts		302,809		1,575		44,838		—			349,222
Account receivable from JBS USA, LLC		21,198		—		—		—			21,198
Inventories		766,227		21,144		91,723		—			879,094
Income taxes receivable		62,160		—		528		(3,621	)		59,067
Current deferred tax assets		—		4,003		1,478		(5,481	)		—
Prepaid expenses and other current assets		35,877		87		16,386		—			52,350
Assets held for sale		37,754		—		16,062		—			53,816
Total current assets		1,239,758		26,839		206,698		(9,102	)		1,464,193
Investment in available-for-sale securities		—		—		497		—			497
Intercompany receivable		50,064		33,978		—		(84,042	)		—
Investment in subsidiaries		304,395		—		—		(304,395	)		—
Deferred tax assets		75,392		—		7		(4,300	)		71,099
Other long-lived assets		57,460		—		180,461		(180,000	)		57,921
Identified intangible assets, net		31,384		—		12,699		—			44,083
Property, plant and equipment, net		1,090,376		49,336		105,928		(3,888	)		1,241,752
Total assets	$	2,848,829	$	110,153	$	506,290	$	(585,727	)	$	2,879,545
Accounts payable	$	270,538	$	13,033	$	45,293	$	—		$	328,864
Account payable to JBS USA, LLC		11,653		—		—		—			11,653
Accrued expenses and other current liabilities		226,016		17,193		38,588		—			281,797
Income taxes payable		—		—		3,621		(3,621	)		—
Current deferred tax liabilities		83,795		—		934		(5,481	)		79,248
Current maturities of long-term debt		15,611		—		—		—			15,611
Total current liabilities		607,613		30,226		88,436		(9,102	)		717,173
Long-term debt, less current maturities		1,433,001		—		—		(25,000	)		1,408,001
Note payable to JBS USA Holdings, Inc.		50,000		—		—		—			50,000
Intercompany payable		—		—		84,042		(84,042	)		—
Deferred tax liabilities		—		4,003		297		(4,300	)		—
Other long-term liabilities		289,697		—		11,675		(155,431	)		145,941
Total liabilities		2,380,311		34,229		184,450		(277,875	)		2,321,115
Total Pilgrim’s Pride Corporation stockholders’
equity		468,518		75,924		319,022		(307,852	)		555,612
Noncontrolling interest		—		—		2,818		—			2,818
Total stockholders’ equity		468,518		75,924		321,840		(307,852	)		558,430
Total liabilities and stockholders’ equity	$	2,848,829	$	110,153	$	506,290	$	(585,727	)	$	2,879,545

Schedule of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
Thirteen Weeks Ended June 24, 2012

				Subsidiary			Subsidiary			Eliminations/
	Parent			Guarantor			Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Net sales	$	1,743,061		$	71,854		$	227,555		$	(68,001	)	$	1,974,469
Cost of sales		1,626,219			65,539			206,623			(68,001	)		1,830,380
Gross profit		116,842			6,315			20,932			—			144,089
Selling, general and administrative expense		39,336			—			5,103			—			44,439
Administrative restructuring charges		389			—			—			—			389
Operating income		77,117			6,315			15,829			—			99,261
Interest expense, net		24,694			—			231			—			24,925
Interest income		(7	)		—			(349	)		—			(356	)
Foreign currency transaction losses		25			—			8,187			—			8,212
Miscellaneous, net		(363	)		(2	)		129			(79	)		(315	)
Income before income taxes		52,768			6,317			7,631			79			66,795
Income tax expense (benefit)		(2,410	)		2,385			(2,333	)		—			(2,358	)
Income before equity in earnings of consolidated
subsidiaries		55,178			3,932			9,964			79			69,153
Equity in earnings of consolidated subsidiaries		14,105			—			—			(14,105	)		—
Net income (loss)		69,283			3,932			9,964			(14,026	)		69,153
Less: Net loss attributable to noncontrolling interest		—			—			(205	)		—			(205	)
Net income (loss) attributable to Pilgrim’s Pride
Corporation	$	69,283		$	3,932		$	10,169		$	(14,026	)	$	69,358
Comprehensive income (loss)	$	57,838		$	3,932		$	9,964		$	(14,026	)	$	57,708
Comprehensive loss attributable to
noncontrolling interests		—			—			(205	)		—			(205	)
Comprehensive income (loss) attributable to
Pilgrim's Pride Corporation	$	57,838			3,932		$	10,169		$	(14,026	)	$	57,913

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
Thirteen Weeks Ended June 26, 2011

				Subsidiary		Subsidiary			Eliminations/
	Parent			Guarantor		Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Net sales	$	1,547,207		$	119,650	$	321,531		$	(65,698	)	$	1,922,690
Cost of sales		1,582,084			106,940		343,635			(65,698	)		1,966,961
Operational restructuring charges		1,957			—		—			—			1,957
Gross profit (loss)		(36,834	)		12,710		(22,104	)		—			(46,228	)
Selling, general and administrative expense		43,663			—		7,965			—			51,628
Administrative restructuring charges		850			—		—			—			850
Operating income (loss)		(81,347	)		12,710		(30,069	)		—			(98,706	)
Interest expense, net		27,312			—		114			—			27,426
Interest income		(53	)		—		(225	)		—			(278	)
Foreign currency transaction losses		28			—		16			—			44
Miscellaneous, net		26,579			1,225		(29,150	)		(90	)		(1,436	)
Income (loss) before income taxes		(135,213	)		11,485		(824	)		90			(124,462	)
Income tax expense (benefit)		(1,222	)		4,336		356			—			3,470
Income (loss) before equity in earnings of
consolidated subsidiaries		(133,991	)		7,149		(1,180	)		90			(127,932	)
Equity in earnings of consolidated subsidiaries		5,764			—		—			(5,764	)		—
Net income (loss)		(128,227	)		7,149		(1,180	)		(5,674	)		(127,932	)
Less: Net income attributable to noncontrolling
interests		—			—		209			—			209
Net income (loss) attributable to Pilgrim’s Pride
Corporation	$	(128,227	)	$	7,149	$	4,998		$	(5,674	)	$	(128,141	)
Comprehensive income (loss)	$	(128,443	)	$	7,149	$	(1,180	)	$	(5,674	)	$	(128,148	)
Comprehensive income attributable to
noncontrolling interests		—			—		209			—			209
Comprehensive income (loss) attributable to
Pilgrim's Pride Corporation	$	(128,443	)	$	7,149	$	(1,389	)	$	(5,674	)	$	(128,357	)

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONSTwenty-Six Weeks Ended June 24, 2012

				Subsidiary			Subsidiary			Eliminations/
	Parent			Guarantor			Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Net sales	$	3,382,624		$	148,340		$	460,844		$	(128,566	)	$	3,863,242
Cost of sales		3,193,571			133,082			411,001			(128,566	)		3,609,088
Gross profit		189,053			15,258			49,843			—			254,154
Selling, general and administrative expense		79,554			—			10,141			—			89,695
Administrative restructuring charges		3,269			—			5			—			3,274
Operating income		106,230			15,258			39,697			—			161,185
Interest expense, net		52,770			—			400			—			53,170
Interest income		(16	)		—			(614	)		—			(630	)
Foreign currency transaction losses		48			—			2,236			—			2,284
Miscellaneous, net		(481	)		(11	)		(400	)		207			(685	)
Income (loss) before income taxes		53,909			15,269			38,075			(207	)		107,046
Income tax expense (benefit)		(7,087	)		5,764			(382	)		—			(1,705	)
Income (loss) before equity in earnings of
consolidated subsidiaries		60,996			9,505			38,457			(207	)		108,751
Equity in earnings of consolidated subsidiaries		47,745			—			—			(47,745	)		—
Net income (loss)		108,741			9,505			38,457			(47,952	)		108,751
Less: Net income attributable to noncontrolling
interest		—			—			220			—			220
Net income (loss) attributable to Pilgrim’s Pride
Corporation	$	108,741		$	9,505		$	38,237		$	(47,952	)	$	108,531
Comprehensive income (loss)	$	97,716		$	9,505		$	38,457		$	(47,952	)	$	97,726
Comprehensive income attributable to
noncontrolling interests		—			—			220			—			220
Comprehensive income (loss) attributable to
Pilgrim's Pride Corporation	$	97,716			9,505		$	38,237		$	(47,952	)	$	97,726

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONSTwenty-Six Weeks Ended June 26, 2011

				Subsidiary		Subsidiary			Eliminations/
	Parent			Guarantor		Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Net sales	$	3,089,877		$	229,660	$	645,154		$	(149,525	)	$	3,815,166
Cost of sales		3,170,191			209,011		681,522			(149,525	)		3,911,199
Operational restructuring charges		3,305			—		—			—			3,305
Gross profit (loss)		(83,619	)		20,649		(36,368	)		—			(99,338	)
Selling, general and administrative expense		88,824			—		16,052			—			104,876
Administrative restructuring charges		1,268			—		—			—			1,268
Operating income (loss)		(173,711	)		20,649		(52,420	)		—			(205,482	)
Interest expense, net		54,499			—		434			—			54,933
Interest income		(354	)		—		(634	)		—			(988	)
Foreign currency transaction gains		(173	)		—		(2,518	)		—			(2,691	)
Miscellaneous, net		51,757			2,352		(57,048	)		432			(2,507	)
Income (loss) before income taxes		(279,440	)		18,297		7,346			(432	)		(254,229	)
Income tax expense (benefit)		(15,972	)		6,907		2,663			—			(6,402	)
Income (loss) before equity in earnings of
consolidated subsidiaries		(263,468	)		11,390		4,683			(432	)		(247,827	)
Equity in earnings of consolidated subsidiaries		15,000			—		—			(15,000	)		—
Net income (loss)		(278,468	)		11,390		4,683			14,568			(247,827	)
Less: Net income attributable to noncontrolling
interest		—			—		1,074			—			1,074
Net income (loss) attributable to Pilgrim’s Pride
Corporation	$	(278,468	)	$	11,390	$	3,609		$	14,568		$	(248,901	)
Comprehensive income (loss)	$	(279,199	)	$	11,390	$	4,683		$	14,568		$	(248,558	)
Comprehensive income attributable to
noncontrolling interests		—			—		1,074			—			1,074
Comprehensive income (loss) attributable to
Pilgrim's Pride Corporation	$	(279,199	)		11,390	$	3,609		$	14,568		$	(249,632	)

Schedule of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Twenty-Six Weeks Ended June 24, 2012

				Subsidiary			Subsidiary			Eliminations/
	Parent			Guarantor			Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Cash provided by operating activities	$	77,717		$	620		$	1,761		$	224		$	80,322
Cash flows from investing activities:
Acquisitions of property, plant and equipment		(32,535	)		(642	)		(4,384	)		—			(37,561	)
Purchases of investment securities		(73	)		—			(89	)		—			(162	)
Proceeds from sale or maturity of investment securities		58			—			—			—			58
Proceeds from property sales and disposals		11,640			—			821			—			12,461
Cash used in investing activities		(20,910	)		(642	)		(3,652	)		—			(25,204	)
Cash flows from financing activities:
Payments on note payable to JBS USA Holdings, Inc.		(50,000	)		—			—			—			(50,000	)
Proceeds from long-term debt		391,300			—			—			—			391,300
Payments on long-term debt		(584,904	)		—			—			—			(584,904	)
Proceeds from sale of common stock		198,282			—			—			—			198,282
Other financing activities		—			—			224			(224	)		—
Cash provided by (used in) financing activities		(45,322	)		—			224			(224	)		(45,322	)
Effect of exchange rate changes on cash and cash equivalents		—			—			(2,178	)		—			(2,178	)
Increase (decrease) in cash and cash equivalents		11,485			(22	)		(3,845	)		—			7,618
Cash and cash equivalents, beginning of period		13,733			30			27,846			—			41,609
Cash and cash equivalents, end of period	$	25,218		$	8		$	24,001		$	—		$	49,227

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
Twenty-Six Weeks Ended June 26, 2011

				Subsidiary			Subsidiary			Eliminations/
	Parent			Guarantor			Non-Guarantors			Adjustments			Consolidation
	(In thousands)
Cash provided by (used in) operating activities	$	(194,575	)	$	7,740		$	44,485		$	2,178		$	(140,172	)
Cash flows from investing activities:
Acquisitions of property, plant and equipment		(91,020	)		(7,746	)		(4,386	)		—			(103,152	)
Purchases of investment securities		—			—			(3,383	)		—			(3,383	)
Proceeds from sale or maturity of investment securities		—			—			2,634			—			2,634
Proceeds from property sales and disposals		3,799			6			1,072			—			4,877
Cash used in investing activities		(87,221	)		(7,740	)		(4,063	)		—			(99,024	)
Cash flows from financing activities:
Proceeds from long-term debt		580,289			—			—			—			580,289
Payments on long-term debt		(455,931	)		—			—			—			(455,931	)
Proceeds from note payable to JBS Holdings, Inc.		50,000			—			—			—			50,000
Purchase of remaining interest in subsidiary		106			—			—			(2,610	)		(2,504	)
Payment of capitalized loan costs		(4,395	)		—			—			—			(4,395	)
Other financing activities		—			—			(538	)		432			(106	)
Cash provided by (used in) financing activities		170,069			—			(538	)		(2,178	)		167,353
Effect of exchange rate changes on cash and cash equivalents		—			—			330			—			330
Increase (decrease) in cash and cash equivalents		(111,727	)		—			40,214			—			(71,513	)
Cash and cash equivalents, beginning of period		67,685			—			38,392			—			106,077
Cash and cash equivalents, end of period	$	(44,042	)	$	—		$	78,606		$	—		$	34,564