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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 23, 2012
Sep. 25, 2011
Sep. 23, 2012
Sep. 25, 2011
Net sales $ 2,068,478 $ 1,891,224 $ 5,931,720 $ 5,706,390
Cost of sales 1,962,343 1,953,611 5,571,431 5,864,810
Operational restructuring charges 0 0 0 3,305
Gross profit (loss) 106,135 (62,387) 360,289 (161,725)
Selling, general and administrative expense 41,782 51,197 131,477 156,073
Administrative restructuring charges 2,647 11,472 5,921 12,740
Operating income (loss) 61,706 (125,056) 222,891 (330,538)
Interest expense, net of capitalized interest 25,260 27,930 78,430 82,863
Interest income (256) (323) (886) (1,311)
Foreign currency transaction losses (gains) (7,701) 13,925 (5,417) 11,235
Miscellaneous, net 413 (3,728) (272) (6,236)
Income (loss) before income taxes 43,990 (162,860) 151,036 (417,089)
Income tax expense (benefit) 1,049 (60) (656) (6,462)
Net income (loss) 42,941 (162,800) 151,692 (410,627)
Less: Net income (loss) attributable to noncontrolling interests 10 (284) 230 790
Net income (loss) attributable to Pilgrim's Pride Corporation 42,931 (162,516) 151,462 (411,417)
Comprehensive income (loss) 37,814 (162,800) 135,540 (412,482)
Comprehensive income (loss) attributable to noncontrolling interests 10 (284) 230 790
Comprehensive income (loss) attributable to Pilgrim's Pride $ 37,804 $ (162,516) $ 135,310 $ (413,272)
Weighted average shares of common stock outstanding:        
Basic (Note 12. Stockholders' Equity) (in shares) 258,726 224,996 247,005 224,996
Effect of common stock equivalents (in shares) 111 0 98 0
Diluted (in shares) 258,837 224,996 247,103 224,996
Net income (loss) per share of common stock outstanding:        
Basic (in dollars per share) $ 0.17 $ (0.72) $ 0.61 $ (1.83)
Diluted (in dollars per share) $ 0.17 $ (0.72) $ 0.61 $ (1.83)