BUSINESS ACQUISITION (Tables)

12 Months Ended

Dec. 27, 2015

Schedule of Business Acquisitions, Consideration Paid

The following table summarizes the consideration paid for Tyson Mexico (in thousands):



Negotiated sales price	$	400,000
Working capital adjustment	(20,933		)
Final purchase price	$	379,067

Schedule of Business Acquisitions, Fair Values of Assets Acquired and Liabilities Assumed

The preliminary fair values recorded for the assets acquired and liabilities assumed for Tyson Mexico are as follows (in thousands):



Cash and cash equivalents	$	5,535
Trade accounts and other receivables	24,173
Inventories	68,130
Prepaid expenses and other current assets	7,661
Property, plant and equipment	157,752
Identifiable intangible assets	26,411
Other long-lived assets	199
Total assets acquired	289,861
Accounts payable	21,550
Other current liabilities	8,707
Long-term deferred tax liabilities	31,947
Other long-term liabilities	5,155
Total liabilities assumed	67,359
Total identifiable net assets	222,502
Goodwill	156,565
Total net assets	$	379,067

Schedule of Business Acquisitions, Pro Forma Information

The following unaudited pro forma information presents the combined financial results for the Company and Tyson Mexico as if the acquisition had been completed at the beginning of the Company's fiscal year ended December 29, 2013.



	2015		2014		2013
	(In thousands, except per share amounts)
Net sales	$	8,493,751	$	9,233,138	$	9,058,555
Net income attributable to Pilgrim's Pride Corporation	662,926		714,453		536,419
Net income attributable to Pilgrim's Pride Corporation per common share - diluted	2.56		2.75		2.07