STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 29, 2013

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Changes in Unrealized Actuarial Losses

	Changes in Unrealized Actuarial Losses(a)
	(In thousands)
Balance, beginning of period	$	(68,511	)
Other comprehensive income before        reclassifications		35,363
Amounts reclassified from accumulated other        comprehensive loss to net income		751
Net current period other comprehensive income		36,114
Balance, end of period	$	(32,397	)

(a) All amounts are net of tax. Amounts in parentheses indicate debits.

Schedule of Reclassification from Accumulated Other Comprehensive Loss

Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss(a)				Affected Line Item in the Condensed Consolidated Statement of Income
	(In thousands)
Amortization of defined benefit pension and other
postretirement plan actuarial losses:
Union Plan(b)	$	(27	)	(d)	Cost of goods sold
Legacy Gold Kist Plans(c)		(724	)	(d)	Selling, general and administrative expense
Total before tax		(751	)
Tax benefit (expense)		-
Total reclassification for the period	$	(751	)		Net of tax

(a)	Amounts in parentheses represent debits to results of operations.
(b)	The Company sponsors the Pilgrim's Pride Retirement Plan for Union Employees (the "Union Plan"), a qualified defined benefit pension plan covering certain locations or work groups with collective bargaining agreements.
(c)	The Company sponsors the Pilgrim's Pride Plan for Legacy Gold Kist Employees, a qualified defined benefit pension plan covering certain eligible U.S. employees who were employed at locations that the Company purchased through its acquisition of Gold Kist in 2007, the Former Gold Kist Inc. Supplemental Executive Retirement Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist executives, the Former Gold Kist Inc. Directors' Emeriti Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist directors and the Gold Kist Inc. Retiree Life Insurance Plan, a defined benefit postretirement life insurance plan covering certain retired Gold Kist employees (collectively, the "Legacy Gold Kist Plans").
(d)	These accumulated other comprehensive income components are included in the computation of net periodic pension cost. See "Note 10. Pension and Other Postretirement Benefits" to the Condensed Consolidated Financial Statements.