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SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2013
Guarantees [Abstract] |
Schedule of Condensed Balance Sheet [Table Text Block] | CONDENSED CONSOLIDATING BALANCE SHEETS March 31, 2013 (In thousands)
|  |  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Cash and cash equivalents |  | $ | 14,735 |  |  | $ | — |  | $ | 28,825 |  | $ | — |  |  | $ | 43,560
Restricted cash and cash equivalents |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  |  | —
Investment in available-for-sale securities |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  |  | —
Trade accounts and other receivables, less allowance for |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
doubtful accounts |  |  | 329,379 |  |  |  | 2,065 |  |  | 58,977 |  |  | — |  |  |  | 390,421
Account receivable from JBS USA, LLC |  |  | 3,814 |  |  |  | — |  |  | — |  |  | — |  |  |  | 3,814
Inventories |  |  | 815,711 |  |  |  | 26,018 |  |  | 130,629 |  |  | — |  |  |  | 972,358
Income taxes receivable |  |  | 58,424 |  |  |  | — |  |  | 484 |  |  | (58 7 | ) |  |  | 58,321
Current deferred tax assets |  |  | — |  |  |  | 3,794 |  |  | 506 |  |  | (4,300 | ) |  |  | —
Prepaid expenses and other current assets |  |  | 33,027 |  |  |  | 120 |  |  | 31,289 |  |  | — |  |  |  | 64,436
Assets held for sale |  |  | 9,598 |  |  |  | — |  |  | 17,234 |  |  | — |  |  |  | 26,832
Total current assets |  |  | 1,264,688 |  |  |  | 31,997 |  |  | 267,944 |  |  | (4,887 | ) |  |  | 1,559,742
Investment in available-for-sale securities |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  |  | —
Intercompany receivable |  |  | (969 | ) |  |  | 59,322 |  |  | — |  |  | (58,353 | ) |  |  | —
Investment in subsidiaries |  |  | 409,228 |  |  |  | — |  |  | — |  |  | (409,228 | ) |  |  | —
Deferred tax assets |  |  | 101,099 |  |  |  | — |  |  | 447 |  |  | (4,091 | ) |  |  | 97,455
Other long-lived assets |  |  | 42,169 |  |  |  | — |  |  | 180,620 |  |  | (180,000 | ) |  |  | 42,789
Identified intangible assets, net |  |  | 26,405 |  |  |  | — |  |  | 10,426 |  |  | — |  |  |  | 36,831
Property, plant and equipment, net |  |  | 1,036,063 |  |  |  | 45,735 |  |  | 103,608 |  |  | (3,888 | ) |  |  | 1,181,518
Total assets |  | $ | 2,878,683 |  |  | $ | 137,054 |  | $ | 563,045 |  | $ | (660,447 | ) |  | $ | 2,918,335
Accounts payable |  | $ | 239,216 |  |  | $ | 6,490 |  | $ | 44,827 |  | $ | — |  |  | $ | 290,533
Account payable to JBS USA, LLC |  |  | 7,045 |  |  |  | — |  |  | — |  |  | — |  |  |  | 7,045
Accrued expenses and other current liabilities |  |  | 246,984 |  |  |  | 25,982 |  |  | 11,675 |  |  | — |  |  |  | 284,641
Income taxes payable |  |  | — |  |  |  | — |  |  | 587 |  |  | (587 | ) |  |  | —
Current deferred tax liabilities |  |  | 108,200 |  |  |  | — |  |  | 615 |  |  | (4,300 | ) |  |  | 104,515
Current maturities of long-term debt |  |  | 15,888 |  |  |  | — |  |  | — |  |  | — |  |  |  | 15,888
Total current liabilities |  |  | 617,333 |  |  |  | 32,472 |  |  | 57,704 |  |  | (4,887 | ) |  |  | 702,622
Long-term debt, less current maturities |  |  | 1,151,477 |  |  |  | — |  |  | — |  |  | (25,000 | ) |  |  | 1,126,477
Intercompany payable |  |  | — |  |  |  | — |  |  | 58,353 |  |  | (58,353 | ) |  |  | —
Deferred tax liabilities |  |  | — |  |  |  | 3,794 |  |  | 297 |  |  | (4,091 | ) |  |  | —
Other long-term liabilities |  |  | 111,820 |  |  |  | — |  |  | 3,233 |  |  | — |  |  |  | 115,053
Total liabilities |  |  | 1,880,630 |  |  |  | 36,266 |  |  | 119,587 |  |  | (92,331 | ) |  |  | 1,944,152
Total Pilgrim’s Pride Corporation stockholders’ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
equity |  |  | 998,053 |  |  |  | 100,788 |  |  | 441,186 |  |  | (568,116 | ) |  |  | 971,911
Noncontrolling interest |  |  | — |  |  |  | — |  |  | 2,272 |  |  | — |  |  |  | 2,272
Total stockholders’ equity |  |  | 998,053 |  |  |  | 100,788 |  |  | 443,458 |  |  | (568,116 | ) |  |  | 974,183
Total liabilities and stockholders’ equity |  | $ | 2,878,683 |  |  | $ | 137,054 |  | $ | 563,045 |  | $ | (660,447 | ) |  | $ | 2,918,335
CONDENSED CONSOLIDATING BALANCE SHEETS December 30, 2012 (In thousands)
|  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Cash and cash equivalents |  | $ | 27,657 |  | $ | — |  | $ | 40,523 |  | $ | — |  |  | $ | 68,180
Restricted cash and cash equivalents |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | —
Investment in available-for-sale securities |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | —
Trade accounts and other receivables, less |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
allowance for doubtful accounts |  |  | 326,031 |  |  | 1,843 |  |  | 57,056 |  |  | — |  |  |  | 384,930
Account receivable from JBS USA, LLC |  |  | 1,514 |  |  | — |  |  | — |  |  | — |  |  |  | 1,514
Inventories |  |  | 802,282 |  |  | 22,813 |  |  | 125,201 |  |  | — |  |  |  | 950,296
Income taxes receivable |  |  | 55,306 |  |  | — |  |  | — |  |  | (587 | ) |  |  | 54,719
Current deferred tax assets |  |  | — |  |  | 3,794 |  |  | 506 |  |  | (4,300 | ) |  |  | —
Prepaid expenses and other current assets |  |  | 29,603 |  |  | — |  |  | 26,444 |  |  | — |  |  |  | 56,047
Assets held for sale |  |  | 9,808 |  |  | — |  |  | 17,234 |  |  | — |  |  |  | 27,042
Total current assets |  |  | 1,252,201 |  |  | 28,450 |  |  | 266,964 |  |  | (4,887 | ) |  |  | 1,542,728
Investment in available-for-sale securities |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | —
Intercompany receivable |  |  | 19,860 |  |  | 53,706 |  |  | — |  |  | (73,566 | ) |  |  | —
Investment in subsidiaries |  |  | 376,226 |  |  | — |  |  | — |  |  | (376,226 | ) |  |  | —
Deferred tax assets |  |  | 101,100 |  |  | — |  |  | 422 |  |  | (4,091 | ) |  |  | 97,431
Other long-lived assets |  |  | 44,936 |  |  | — |  |  | 180,587 |  |  | (180,000 | ) |  |  | 45,523
Identified intangible assets, net |  |  | 27,386 |  |  | — |  |  | 10,880 |  |  | — |  |  |  | 38,266
Property, plant and equipment, net |  |  | 1,043,696 |  |  | 45,746 |  |  | 104,368 |  |  | (3,889 | ) |  |  | 1,189,921
Total assets |  | $ | 2,865,405 |  | $ | 127,902 |  | $ | 563,221 |  | $ | (642,659 | ) |  | $ | 2,913,869
Accounts payable |  | $ | 255,517 |  | $ | 4,270 |  | $ | 52,578 |  | $ | — |  |  | $ | 312,365
Account payable to JBS USA, LLC |  |  | 13,436 |  |  | — |  |  | — |  |  | — |  |  |  | 13,436
Accrued expenses and other current liabilities |  |  | 230,278 |  |  | 24,265 |  |  | 28,997 |  |  | — |  |  |  | 283,540
Income taxes payable |  |  | — |  |  | — |  |  | 1,055 |  |  | (587 | ) |  |  | 468
Current deferred tax liabilities |  |  | 108,201 |  |  | — |  |  | 581 |  |  | (4,300 | ) |  |  | 104,482
Current maturities of long-term debt |  |  | 15,886 |  |  | — |  |  | — |  |  | — |  |  |  | 15,886
Total current liabilities |  |  | 623,318 |  |  | 28,535 |  |  | 83,211 |  |  | (4,887 | ) |  |  | 730,177
Long-term debt, less current maturities |  |  | 1,173,870 |  |  | — |  |  | — |  |  | (25,000 | ) |  |  | 1,148,870
Note payable to JBS USA Holdings, Inc. |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | —
Intercompany payable |  |  | — |  |  | — |  |  | 73,566 |  |  | (73,566 | ) |  |  | —
Deferred tax liabilities |  |  | — |  |  | 3,794 |  |  | 297 |  |  | (4,091 | ) |  |  | —
Other long-term liabilities |  |  | 122,580 |  |  | — |  |  | 3,245 |  |  | — |  |  |  | 125,825
Total liabilities |  |  | 1,919,768 |  |  | 32,329 |  |  | 160,319 |  |  | (107,544 | ) |  |  | 2,004,872
Total Pilgrim’s Pride Corporation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
stockholders’ equity |  |  | 945,637 |  |  | 95,573 |  |  | 400,276 |  |  | (535,115 | ) |  |  | 906,371
Noncontrolling interest |  |  | — |  |  | — |  |  | 2,626 |  |  | — |  |  |  | 2,626
Total stockholders’ equity |  |  | 945,637 |  |  | 95,573 |  |  | 402,902 |  |  | (535,115 | ) |  |  | 908,997
Total liabilities and stockholders’ equity |  | $ | 2,865,405 |  | $ | 127,902 |  | $ | 563,221 |  | $ | (642,659 | ) |  | $ | 2,913,869
Schedule of Condensed Income Statement [Table Text Block] | CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Thirteen Weeks Ended March 31, 2013 (In thousands)
|  |  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Net sales |  | $ | 1,769,794 |  |  | $ | 75,660 |  | $ | 259,199 |  |  | $ | (67,724 | ) |  | $ | 2,036,929 |
Cost of sales |  |  | 1,704,798 |  |  |  | 66,934 |  |  | 214,487 |  |  |  | (67,724 | ) |  |  | 1,918,495 |
Gross profit |  |  | 64,996 |  |  |  | 8,726 |  |  | 44,712 |  |  |  | — |  |  |  | 118,434 |
Selling, general and administrative expense |  |  | 37,484 |  |  |  | 1,008 |  |  | 5,500 |  |  |  | — |  |  |  | 43,992 |
Administrative restructuring charges |  |  | 484 |  |  |  | — |  |  | — |  |  |  | — |  |  |  | 484 |
Operating income |  |  | 27,028 |  |  |  | 7,718 |  |  | 39,212 |  |  |  | — |  |  |  | 73,958 |
Interest expense, net |  |  | 24,683 |  |  |  | — |  |  | 138 |  |  |  | — |  |  |  | 24,821 |
Interest income |  |  | (3 | ) |  |  | — |  |  | (213 | ) |  |  | — |  |  |  | (216 | )
Foreign currency transaction losses |  |  | (10 | ) |  |  | — |  |  | (7,614 | ) |  |  | — |  |  |  | (7,624 | )
Miscellaneous, net |  |  | (1,715 | ) |  |  | 1,221 |  |  | 530 |  |  |  | (41 | ) |  |  | (5 | )
Income before income taxes |  |  | 4,073 |  |  |  | 6,497 |  |  | 46,371 |  |  |  | 41 |  |  |  | 56,982 |
Income tax expense (benefit) |  |  | (5,871 | ) |  |  | 1,969 |  |  | 6,656 |  |  |  | — |  |  |  | 2,754 |
Income before equity in earnings of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
consolidated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
subsidiaries |  |  | 9,944 |  |  |  | 4,528 |  |  | 39,715 |  |  |  | 41 |  |  |  | 54,228 |
Equity in earnings of consolidated subsidiaries |  |  | 38,954 |  |  |  | — |  |  | — |  |  |  | (38,954 | ) |  |  | — |
Net income (loss) |  |  | 48,898 |  |  |  | 4,528 |  |  | 39,715 |  |  |  | (38,913 | ) |  |  | 54,228 |
Less: Net loss attributable to noncontrolling interest |  |  | — |  |  |  | — |  |  | (354 | ) |  |  | — |  |  |  | (354 | )
Net income (loss) attributable to Pilgrim’s Pride |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporation |  | $ | 48,898 |  |  | $ | 4,528 |  | $ | 40,069 |  |  | $ | (38,913 | ) |  | $ | 54,582 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS Thirteen Weeks Ended March 25, 2012 (In thousands)
|  |  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Net sales |  | $ | 1,639,563 |  |  | $ | 76,486 |  |  | $ | 233,289 |  |  | $ | (60,565 | ) |  | $ | 1,888,773 |
Cost of sales |  |  | 1,567,352 |  |  |  | 67,543 |  |  |  | 204,378 |  |  |  | (60,565 | ) |  |  | 1,778,708 |
Gross profit |  |  | 72,211 |  |  |  | 8,943 |  |  |  | 28,911 |  |  |  | — |  |  |  | 110,065 |
Selling, general and administrative expense |  |  | 40,218 |  |  |  | — |  |  |  | 5,038 |  |  |  | — |  |  |  | 45,256 |
Administrative restructuring charges |  |  | 2,880 |  |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | 2,885 |
Operating income |  |  | 29,113 |  |  |  | 8,943 |  |  |  | 23,868 |  |  |  | — |  |  |  | 61,924 |
Interest expense, net |  |  | 28,076 |  |  |  | — |  |  |  | 169 |  |  |  | — |  |  |  | 28,245 |
Interest income |  |  | (9 | ) |  |  | — |  |  |  | (265 | ) |  |  | — |  |  |  | (274 | )
Foreign currency transaction losses (gains) |  |  | 23 |  |  |  | — |  |  |  | (5,951 | ) |  |  | — |  |  |  | (5,928 | )
Miscellaneous, net |  |  | (118 | ) |  |  | (9 | ) |  |  | (529 | ) |  |  | 286 |  |  |  | (370 | )
Income (loss) before income taxes |  |  | 1,141 |  |  |  | 8,952 |  |  |  | 30,444 |  |  |  | (286 | ) |  |  | 40,251 |
Income tax expense (benefit) |  |  | (4,677 | ) |  |  | 3,379 |  |  |  | 1,951 |  |  |  | — |  |  |  | 653 |
Income (loss) before equity in earnings of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
consolidated subsidiaries |  |  | 5,818 |  |  |  | 5,573 |  |  |  | 28,493 |  |  |  | (286 | ) |  |  | 39,598 |
Equity in earnings of consolidated subsidiaries |  |  | 33,640 |  |  |  | — |  |  |  | — |  |  |  | (33,640 | ) |  |  | — |
Net income (loss) |  |  | 39,458 |  |  |  | 5,573 |  |  |  | 28,493 |  |  |  | (33,926 | ) |  |  | 39,598 |
Less: Net income attributable to noncontrolling |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
interest |  |  | — |  |  |  | — |  |  |  | 425 |  |  |  | — |  |  |  | 425 |
Net income (loss) attributable to Pilgrim’s Pride |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporation |  | $ | 39,458 |  |  | $ | 5,573 |  |  | $ | 28,068 |  |  | $ | (33,926 | ) |  | $ | 39,173 |
Schedule of Comprehensive Income (Loss) [Table Text Block] | CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME Thirteen Weeks Ended March 31, 2013 (In thousands)
|  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Net incom e (loss) |  | $ | 53,063 |  | $ | 733 |  | $ | 39,345 |  |  | $ | (38,913 | ) |  | $ | 54,582 |
Other comprehensive income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding gains on available-for-sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
securities, net of tax |  |  | — |  |  | — |  |  | — |  |  |  | — |  |  |  | — |
Gains associated with pension and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
postretirement benefits, net of tax |  |  | 10,410 |  |  | — |  |  | — |  |  |  | — |  |  |  | 10,410 |
Total other comprehensive income, net of tax |  |  | 10,410 |  |  | — |  |  | — |  |  |  | — |  |  |  | 10,410 |
Comprehensi ve inc ome (loss) |  |  | 63,4 73 |  |  | 7 33 |  |  | 39,34 5 |  |  |  | (38,91 3 | ) |  |  | 64,638 |
Less: Comprehensive loss attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
noncontrolling interest s |  |  | — |  |  | — |  |  | (354 | ) |  |  | — |  |  |  | (354 | )
Comprehensive income (loss) attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pilgrim’s Pride Corp oratio n |  | $ | 63,473 |  | $ | 733 |  | $ | 39,699 |  |  | $ | (3 8,913 | ) |  | $ | 64,992
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME Thirteen Weeks Ended March 25, 2012 (In thousands)
|  | Parent |  | Subsidiary Guarantor |  | Subsidiary Non- Guarantors |  | Eliminations/ Adjustments |  | Consolidation
Net income (loss) |  | $ | 39,458 |  | $ | 5,573 |  | $ | 28,493 |  | $ | (33,926 | ) |  | $ | 39,598
Other comprehensive income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding gains on available-for-sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
securities, net of tax |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  |  | 5
Gains associated with pension and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
postretirement benefits, net of tax |  |  | 415 |  |  | — |  |  | — |  |  | — |  |  |  | 415
Total other comprehensive income, net of tax |  |  | 415 |  |  | — |  |  | 5 |  |  | — |  |  |  | 420
Comprehensive income (loss) |  |  | 39,873 |  |  | 5,573 |  |  | 28,498 |  |  | (33,926 | ) |  |  | 40,018
Less: Comprehensive income attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
noncontrolling interests |  |  | — |  |  | — |  |  | 425 |  |  | — |  |  |  | 425
Comprehensive income (loss) attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pilgrim’s Pride Corporation |  | $ | 39,873 |  | $ | 5,573 |  | $ | 28,073 |  | $ | (33,926 | ) |  | $ | 39,593
Schedule of Condensed Cash Flow Statement [Table Text Block] | CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Thirteen Weeks Ended March 31, 2013 (In thousands)
|  |  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Cash flows provided (used in) by operating activities |  | $ | 30,076 |  |  | $ | 1,445 |  |  | $ | (7,831 | ) |  | $ | 41 |  |  | $ | 23,731 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisitions of property, plant and equipment |  |  | (21,547 | ) |  |  | (1,445 | ) |  |  | (2,786 | ) |  |  | — |  |  |  | (25,778 | )
Purchases of investment securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Proceeds from property sales and disposals |  |  | 1,054 |  |  |  | — |  |  |  | 606 |  |  |  | — |  |  |  | 1,660 |
Cash used in investing activities |  |  | (20,493 | ) |  |  | (1,445 | ) |  |  | (2,180 | ) |  |  | — |  |  |  | (24,118 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payments on note payable to JBS USA Holdings, Inc. |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Proceeds from long-term debt |  |  | 288,500 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 288,500 |
Payments on long-term debt |  |  | (311,005 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (311,005 | )
Proceeds from sale of common stock |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other financing activities |  |  | — |  |  |  | — |  |  |  | 41 |  |  |  | (41 | ) |  |  | — |
Cash provided by (used in) financing activities |  |  | (22,505 | ) |  |  | — |  |  |  | 41 |  |  |  | (41 | ) |  |  | (22,505 | )
Effect of exchange rate changes on cash and cash equivalents |  |  | — |  |  |  | — |  |  |  | (1,728 | ) |  |  | — |  |  |  | (1,728 | )
Increase (decrease) in cash and cash equivalents |  |  | (12,922 | ) |  |  | — |  |  |  | (11,698 | ) |  |  | — |  |  |  | (24,620 | )
Cash and cash equivalents, beginning of period |  |  | 27,657 |  |  |  | — |  |  |  | 40,523 |  |  |  | — |  |  |  | 68,180 |
Cash and cash equivalents, end of period |  | $ | 14,735 |  |  | $ | — |  |  | $ | 28,825 |  |  | $ | — |  |  | $ | 43,560 |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS Thirteen Weeks Ended March 25, 2012 (In thousands)
|  |  |  |  |  | Subsidiary |  | Subsidiary |  | Eliminations/ |  |  |  |
|  | Parent |  | Guarantor |  | Non-Guarantors |  | Adjustments |  | Consolidation
Cash flows provided (used in) by operating activities |  | $ | 31,926 |  |  | $ | 291 |  |  | $ | (2,980 | ) |  | $ | 145 |  |  | $ | 29,382 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisitions of property, plant and equipment |  |  | (13,758 | ) |  |  | (321 | ) |  |  | (2,591 | ) |  |  | — |  |  |  | (16,670 | )
Purchases of investment securities |  |  | — |  |  |  | — |  |  |  | (88 | ) |  |  | — |  |  |  | (88 | )
Proceeds from property sales and disposals |  |  | 2,451 |  |  |  | — |  |  |  | 615 |  |  |  | — |  |  |  | 3,066 |
Cash used in investing activities |  |  | (11,307 | ) |  |  | (321 | ) |  |  | (2,064 | ) |  |  | — |  |  |  | (13,692 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payments on note payable to JBS USA Holdings, Inc. |  |  | (50,000 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (50,000 | )
Proceeds from long-term debt |  |  | 183,200 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 183,200 |
Payments on long-term debt |  |  | (341,802 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (341,802 | )
Proceeds from sale of common stock |  |  | 198,379 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 198,379 |
Other financing activities |  |  | — |  |  |  | — |  |  |  | 145 |  |  |  | (145 | ) |  |  | — |
Cash provided by (used in) financing activities |  |  | (10,223 | ) |  |  | — |  |  |  | 145 |  |  |  | (145 | ) |  |  | (10,223 | )
Effect of exchange rate changes on cash and cash equivalents |  |  | — |  |  |  | — |  |  |  | 494 |  |  |  | — |  |  |  | 494 |
Increase (decrease) in cash and cash equivalents |  |  | 10,396 |  |  |  | (30 | ) |  |  | (4,405 | ) |  |  | — |  |  |  | 5,961 |
Cash and cash equivalents, beginning of period |  |  | 13,733 |  |  |  | 30 |  |  |  | 27,846 |  |  |  | — |  |  |  | 41,609 |
Cash and cash equivalents, end of period |  | $ | 24,129 |  |  | $ | — |  |  | $ | 23,441 |  |  | $ | — |  |  | $ | 47,570 |

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