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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 23, 2012
Dec. 25, 2011
Cash and cash equivalents $ 55,030 $ 41,609
Restricted cash and cash equivalents 4,526 7,680
Investment in available-for-sale securities 0 157
Trade accounts and other receivables, less allowance for doubtful accounts 367,854 349,222
Account receivable from JBS USA, LLC 8,170 21,198
Inventories 979,243 879,094
Income taxes receivable 64,944 59,067
Prepaid expenses and other current assets 54,884 52,350
Assets held for sale 28,826 53,816
Total current assets 1,563,477 1,464,193
Investment in available-for-sale securities 0 497
Deferred tax assets 71,099 71,099
Other long-lived assets 48,931 57,921
Identified intangible assets, net 39,803 44,083
Property, plant and equipment, net 1,196,964 1,241,752
Total assets 2,920,274 2,879,545
Accounts payable 320,004 328,864
Account payable to JBS USA, LLC 6,280 11,653
Accrued expenses and other current liabilities 310,463 281,797
Current deferred tax liabilities 79,319 79,248
Current maturities of long-term debt 15,619 15,611
Total current liabilities 731,685 717,173
Long-term debt, less current maturities 1,151,127 1,408,001
Note payable to JBS USA Holdings, Inc. 0 50,000
Other long-term liabilities 144,746 145,941
Total liabilities 2,027,558 2,321,115
Common stock 2,590 2,143
Additional paid-in capital 1,641,783 1,443,484
Accumulated deficit (692,483) (843,945)
Accumulated other comprehensive loss (62,222) (46,070)
Total Pilgrim's Pride Corporation stockholders' equity 889,668 555,612
Noncontrolling interest 3,048 2,818
Total stockholders' equity 892,716 558,430
Total liabilities and stockholders' equity $ 2,920,274 $ 2,879,545