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QUARTERLY RESULTS | 12 Months Ended
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Dec. 30, 2012
Quarterly Results (Unaudited) [Abstract] |
Quarterly Financial Information [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 The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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