XML 68 R60.htm IDEA: XBRL DOCUMENT v2.4.0.6
EXIT OR DISPOSAL ACTIVITIES (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 54 Months Ended 3 Months Ended 54 Months Ended 3 Months Ended 39 Months Ended
Mar. 31, 2013
Mar. 25, 2012
Mar. 31, 2013
Mar. 31, 2013
Facility Closing [Member]
Mar. 25, 2012
Facility Closing [Member]
Mar. 31, 2013
Facility Closing [Member]
Mar. 31, 2013
Administrative Integration [Member]
Mar. 25, 2012
Administrative Integration [Member]
Mar. 31, 2013
Administrative Integration [Member]
Earliest implementation date           Oct. 01, 2008 [1]     Jan. 01, 2010 [2]
Latest expected completion date           Sep. 01, 2014 [1]     Sep. 01, 2012 [2]
Positions eliminated     2,890     2,410 [1]     480 [2]
Costs incurred and expected to be incurred:                  
Employee-related costs     $ 3,356     $ 2,492 [1]     $ 864 [2]
Asset impairment costs     50,145     13,249 [1]     36,896 [2]
Inventory valuation costs     344     344 [1]     0 [2]
Other exit or disposal costs     19,320     15,208 [1]     4,112 [2]
Total exit or disposal costs     73,165     31,293 [1]     41,872 [2]
Costs incurred since earliest implementation date:                  
Employee-related costs 0 78 3,356 0 78 2,492 [1] 0 0 864 [2]
Asset impairment costs 0 1,342 50,145 0 960 13,249 [1] 0 382 36,896 [2]
Inventory valuation costs     344     344 [1]     0 [2]
Other exit or disposal costs 484 1,543 16,819 484 1,543 12,707 [1] 0 0 4,112 [2]
Total exit or disposal costs $ 484 $ 2,963 $ 70,664 $ 484 $ 2,581 $ 28,792 [1] $ 0 $ 382 $ 41,872 [2]
[1] Significant facilities closed included one processing plant in 2008, two processing plants in 2009, two processing plants in the transition period and one processing plant in 2011. The transition period began September 27, 2009 and ended December 27, 2009 and resulted from the Company's change in its fiscal year end from the Saturday nearest September 30 each year to the last Sunday in December of each year.
[2] Company management implemented certain activities to integrate the administrative functions of the Company into those of JBS USA. These included the closures of administrative offices in Georgia and Texas.