STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 30, 2014

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Changes in Unrealized Actuarial Losses

										Thirteen Weeks
										Ended
	Thirteen Weeks Ended March 30, 2014(a)									March 31, 2013(a)
	Losses Related to			Unrealized						Losses Related to
	Pension and Other			Holding Gains on						Pension and Other
	Postretirement			Available-for-Sale						Postretirement
	Benefits			Securities			Total			Benefits
	(In thousands)
Balance, beginning of period	$	(45,797	)	$	62		$	(45,735	)	$	(68,511	)
Other comprehensive income (loss) before
reclassifications		(5,795	)		(11	)		(5,806	)		10,160
Amounts reclassified from accumulated other
comprehensive loss to net income		9			(25	)		(16	)		250
Net current period other comprehensive income (loss)		(5,786	)		(36	)		(5,822	)		10,410
Balance, end of period	$	(51,583	)	$	26		$	(51,557	)	$	(58,101	)

(a)       All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive loss.

Schedule of Reclassification from Accumulated Other Comprehensive Loss

	Amount Reclassified from Accumulated
	Other Comprehensive Loss(a)
	Thirteen Weeks			Thirteen Weeks
Details about Accumulated Other Comprehensive	Ended March 30,			Ended March 31,			Affected Line Item in the Condensed
Loss Components	2014			2013			Consolidated Statements of Operations
(In thousands)
Realized gain on sale of securities	$	40		$	-		Selling, general and administrative expense
Amortization of defined benefit pension and
other postretirement plan actuarial losses:
Union employees pension plan(b)(d)		-			(9	)	Cost of sales
Legacy Gold Kist plans(c)(d)		(14	)		(241	)	Selling, general and administrative expense
Total before tax		26			(250	)
Tax benefit (expense)		(10	)		-
Total reclassification for the period	$	16			(250	)

(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 11. Pension and Other Postretirement Benefits" to the Condensed Consolidated Financial Statements.