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QUARTERLY RESULTS (Tables) | 12 Months Ended
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Dec. 30, 2012
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information [Table Text Block] |
24. | QUARTERLY RESULTS (UNAUDITED-SEE ACCOMPANYING ACCOUNTANTS’ REPORT)
2012 |  | First |  | Second |  | Third |  | Fourth(a) |  | Year
|  | (In thousands, except per share data)
Net sales |  | $ | 1,888,773 |  | $ | 1,974,469 |  | $ | 2,068,478 |  | $ | 2,189,662 |  | $ | 8,121,382
Gross profit |  |  | 110,065 |  |  | 144,089 |  |  | 106,135 |  |  | 75,543 |  |  | 435,832
Net income attributable to PPC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
common stockholders |  |  | 39,173 |  |  | 69,357 |  |  | 42,931 |  |  | 22,773 |  |  | 174,234
Net income per share amounts - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
basic and diluted |  |  | 0.18 |  |  | 0.27 |  |  | 0.17 |  |  | 0.09 |  |  | 0.70
Number of days in quarter |  |  | 91 |  |  | 91 |  |  | 91 |  |  | 98 |  |  | 371
(a) |  | In the fourth quarter of 2012, the Company recognized expenses related to the shutdown of our Dallas plant of $1.1 million and asset impairment charges of $1.4 million.
2011 |  | First |  | Second |  | Third |  | Fourth(a) |  | Year
|  | (In thousands, except per share data)
Net sales |  | $ | 1,892,476 |  |  | $ | 1,922,690 |  |  | $ | 1,891,224 |  |  | $ | 1,829,308 |  |  | $ | 7,535,698 |
Gross profit (loss) |  |  | (53,110 | ) |  |  | (46,228 | ) |  |  | (62,387 | ) |  |  | 20,188 |  |  |  | (141,537 | )
Net loss attributable to PPC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
common stockholders |  |  | (120,760 | ) |  |  | (128,141 | ) |  |  | (162,516 | ) |  |  | (85,355 | ) |  |  | (496,772 | )
Net loss per share amounts - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
basic and diluted |  |  | (0.54 | ) |  |  | (0.57 | ) |  |  | (0.72 | ) |  |  | (0.38 | ) |  |  | (2.21 | )
Number of days in quarter |  |  | 91 |  |  |  | 91 |  |  |  | 91 |  |  |  | 91 |  |  |  | 364 |
(a) |  | In the fourth quarter of 2011, the Company recognized restructuring charges of $14.6 million, asset impairment charges of $11.3 million and net gains on derivative financial instruments of $3.1 million.
2010 |  | First |  | Second |  | Third |  | Fourth(a) |  | Year
|  |  | (In thousands, except per share data)
Net sales |  | $ | 1,642,918 |  |  | $ | 1,707,568 |  | $ | 1,719,850 |  | $ | 1,811,293 |  | $ | 6,881,629
Gross profit |  |  | 52,019 |  |  |  | 132,491 |  |  | 157,294 |  |  | 119,189 |  |  | 460,993
Net income (loss) attributable to PPC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
common stockholders |  |  | (45,547 | ) |  |  | 32,918 |  |  | 57,926 |  |  | 41,844 |  |  | 87,141
Net income (loss) per share amounts - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
basic and diluted |  |  | (0.20 | ) |  |  | 0.15 |  |  | 0.26 |  |  | 0.18 |  |  | 0.39
Number of days in quarter |  |  | 91 |  |  |  | 91 |  |  | 91 |  |  | 91 |  |  | 364
(a) |  | In the fourth quarter of 2010, the Company recognized restructuring charges of $4.9 million, asset impairment charges of $11.2 million and net gains on derivative financial instruments of $62.8 million.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 + Details
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