INCOME TAXES	3 Months Ended
Mar. 30, 2014
INCOME TAXES [Abstract]
INCOME TAXES	10. INCOME TAXES The Company recorded income tax expense of $52.0 million, a 34.6% effective tax rate, for the thirteen weeks ended March 30, 2014, compared to income tax expense of $2.8 million, a 4.8% effective tax rate, for the thirteen weeks ended March 31, 2013. The income tax expense recognized for the thirteen weeks ended March 30, 2014 was primarily the result of the tax expense recorded on the Company's year-to-date income. The income tax expense recognized for the thirteen weeks ended March 31, 2013 was primarily the result of the tax expense recorded on the company's year-to-date income offset by a decrease in valuation allowance as a result of year-to-date earnings. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities (including the impact of available carry back and carry forward periods), projected future taxable income and tax-planning strategies in making this assessment. As of March 30, 2014, the Company does not believe it has sufficient positive evidence to conclude that realization of its federal capital loss carry forwards and a portion of its foreign net deferred tax assets are more likely than not to be realized. For the thirteen weeks ended March 30, 2014, there is tax effect of $3.5 million reflected in other comprehensive income. There was no tax effect reflected in other comprehensive income for the thirteen weeks ended March 31, 2013 because the Company had a valuation allowance. With few exceptions, the Company is no longer subject to U.S. federal, state or local income tax examinations by taxing authorities for years prior to 2008 and is no longer subject to Mexico income tax examinations by taxing authorities for years prior to 2008. The Company is pursuing the IRS' amended proof of claim relating to the tax year ended June 20, 2004 for Gold Kist Inc. ("Gold Kist"). See "Note 16. Commitments and Contingencies" for additional information.

INCOME TAXES

3 Months Ended

Mar. 30, 2014

10. INCOME TAXES

The Company recorded income tax expense of $52.0 million, a 34.6% effective tax rate, for the thirteen weeks ended March 30, 2014, compared to income tax expense of $2.8 million, a 4.8% effective tax rate, for the thirteen weeks ended March 31, 2013. The income tax expense recognized for the thirteen weeks ended March 30, 2014 was primarily the result of the tax expense recorded on the Company's year-to-date income. The income tax expense recognized for the thirteen weeks ended March 31, 2013 was primarily the result of the tax expense recorded on the company's year-to-date income offset by a decrease in valuation allowance as a result of year-to-date earnings.

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities (including the impact of available carry back and carry forward periods), projected future taxable income and tax-planning strategies in making this assessment. As of March 30, 2014, the Company does not believe it has sufficient positive evidence to conclude that realization of its federal capital loss carry forwards and a portion of its foreign net deferred tax assets are more likely than not to be realized.

For the thirteen weeks ended March 30, 2014, there is tax effect of $3.5 million reflected in other comprehensive income. There was no tax effect reflected in other comprehensive income for the thirteen weeks ended March 31, 2013 because the Company had a valuation allowance.

With few exceptions, the Company is no longer subject to U.S. federal, state or local income tax examinations by taxing authorities for years prior to 2008 and is no longer subject to Mexico income tax examinations by taxing authorities for years prior to 2008.

The Company is pursuing the IRS' amended proof of claim relating to the tax year ended June 20, 2004 for Gold Kist Inc. ("Gold Kist"). See "Note 16. Commitments and Contingencies" for additional information.