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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 27, 2015
Equity [Abstract]  
Schedule of Changes in Unrealized Actuarial Losses
The following tables provide information regarding the changes in accumulated other comprehensive loss:
 
Thirty-Nine Weeks Ended
September 27, 2015(a)
 
Thirty-Nine Weeks Ended
September 28, 2014(a)
 
Losses Related to Pension and Other Postretirement Benefits
 
Unrealized Holding Gains on Available-for-Sale Securities
 
Total
 
Losses Related to Pension and Other Postretirement Benefits
 
Unrealized Holding Gains on Available-for-Sale Securities
 
Total
 
(In thousands)
Balance, beginning of period
$
(62,572
)
 
$
31

 
$
(62,541
)
 
$
(45,797
)
 
$
62

 
$
(45,735
)
Other comprehensive income (loss)
     before reclassifications
(3,845
)
 
133

 
(3,712
)
 
(10,094
)
 
169

 
(9,925
)
Amounts reclassified from accumulated
     other comprehensive loss to net
     income
334

 
(83
)
 
251

 
26

 
(181
)
 
(155
)
Net current period other comprehensive
     income (loss)
(3,511
)
 
50

 
(3,461
)
 
(10,068
)
 
(12
)
 
(10,080
)
Balance, end of period
$
(66,083
)
 
$
81

 
$
(66,002
)
 
$
(55,865
)
 
$
50

 
$
(55,815
)
(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)
 
 
Details about Accumulated Other Comprehensive Loss Components
 
Thirty-Nine Weeks Ended
September 27, 2015
 
Thirty-Nine Weeks Ended
September 28, 2014
 
Affected Line Item in the Condensed Consolidated Statements of Operations
 
 
(In thousands)
 
 
Realized gain on sale of securities
 
$
133

 
$
290

 
Selling, general and administrative expense
Amortization of defined benefit pension
     and other postretirement plan actuarial
     losses:
 
 
 
 
 
 
Union employees pension plan(b)(d)
 
(19
)
 

 
Cost of sales
Legacy Gold Kist plans(c)(d)
 
(161
)
 

 
Cost of sales
Legacy Gold Kist plans(c)(d)
 
(356
)
 
(42
)
 
Selling, general and administrative expense
Total before tax
 
(403
)
 
248

 
 
Tax benefit (expense)
 
152

 
(93
)
 
 
Total reclassification for the period
 
$
(251
)
 
155

 
 
(a)
Amounts in parentheses represent debits to results of operations.
(b)
The Company sponsors the Pilgrim's Pride Retirement Plan for Union Employees, 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.
(d)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost. See “Note 12. Pension and Other Postretirement Benefits” to the Condensed Consolidated Financial Statements.