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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 25, 2012
Net sales $ 2,036,929 $ 1,888,773
Cost of sales 1,918,495 1,778,708
Gross profit 118,434 110,065
Selling, general and administrative expense 43,992 45,256
Administrative restructuring charges 484 2,885
Operating income 73,958 61,924
Interest expense, net of capitalized interest 24,821 28,245
Interest income (216) (274)
Foreign currency transaction gains (7,624) (5,928)
Miscellaneous, net (5) (370)
Income before income taxes 56,982 40,251
Income tax expense 2,754 653
Net income 54,228 39,598
Less: Net income (loss) attributable to noncontrolling interests (354) 425
Net income attributable to Pilgrims Pride Corporation $ 54,582 $ 39,173
Weighted average shares of common stock outstanding:    
Basic (in shares) 258,823 223,562
Effect of dilutive common stock equivalents (in shares) 130 69
Diluted (in shares) 258,953 223,631
Net income per share of common stock outstanding:    
Basic (in dollars per share) $ 0.21 $ 0.18
Diluted (in dollars per share) $ 0.21 $ 0.18