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STOCKHOLDERS' EQUITY | 3 Months Ended
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Mar. 30, 2014
STOCKHOLDERS' EQUITY [Abstract] |
STOCKHOLDERS' EQUITY | 12. STOCKHOLDERS' EQUITY Accumulated Other Comprehensive Loss The following tables provide information regarding the changes in accumulated other comprehensive loss during the thirteen weeks ended March 30, 2014 and March 31, 2013:
|  |  |  |  |  |  |  |  |  |  |  |  |  | Thirteen Weeks
|  |  |  |  |  |  |  |  |  |  |  |  |  | Ended
|  | Thirteen Weeks Ended March 30, 2014(a) |  | March 31, 2013(a)
|  | Losses Related to |  | Unrealized |  |  |  |  |  | Losses Related to
|  | Pension and Other |  | Holding Gains on |  |  |  |  |  | Pension and Other
|  | Postretirement |  | Available-for-Sale |  |  |  |  |  | Postretirement
|  | Benefits |  | Securities |  | Total |  | Benefits
|  | (In thousands)
Balance, beginning of period |  | $ | (45,797 | ) |  | $ | 62 |  |  | $ | (45,735 | ) |  | $ | (68,511 | )
Other comprehensive income (loss) before |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
reclassifications |  |  | (5,795 | ) |  |  | (11 | ) |  |  | (5,806 | ) |  |  | 10,160 |
Amounts reclassified from accumulated other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
comprehensive loss to net income |  |  | 9 |  |  |  | (25 | ) |  |  | (16 | ) |  |  | 250 |
Net current period other comprehensive income (loss) |  |  | (5,786 | ) |  |  | (36 | ) |  |  | (5,822 | ) |  |  | 10,410 |
Balance, end of period |  | $ | (51,583 | ) |  | $ | 26 |  |  | $ | (51,557 | ) |  | $ | (58,101 | )
(a) All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive loss.
|  | Amount Reclassified from Accumulated |  |
|  | Other Comprehensive Loss(a) |  |
|  | Thirteen Weeks |  | Thirteen Weeks |  |
Details about Accumulated Other Comprehensive |  | Ended March 30, |  | Ended March 31, |  | Affected Line Item in the Condensed
Loss Components |  | 2014 |  | 2013 |  | Consolidated Statements of Operations
(In thousands)
Realized gain on sale of securities |  | $ | 40 |  |  | $ | - |  |  | Selling, general and administrative expense
Amortization of defined benefit pension and |  |  |  |  |  |  |  |  |  |
other postretirement plan actuarial losses: |  |  |  |  |  |  |  |  |  |
Union employees pension plan(b)(d) |  |  | - |  |  |  | (9 | ) |  | Cost of sales
Legacy Gold Kist plans(c)(d) |  |  | (14 | ) |  |  | (241 | ) |  | Selling, general and administrative expense
Total before tax |  |  | 26 |  |  |  | (250 | ) |  |
Tax benefit (expense) |  |  | (10 | ) |  |  | - |  |  |
Total reclassification for the period |  | $ | 16 |  |  |  | (250 | ) |  |
(a) | Amounts in parentheses represent debits to results of operations.
(b) | The Company sponsors the Pilgrim's Pride Retirement Plan for Union Employees (the "Union Plan"), 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 (collectively, the "Legacy Gold Kist Plans").
(d) | These accumulated other comprehensive income components are included in the computation of net periodic pension cost. See "Note 11. Pension and Other Postretirement Benefits" to the Condensed Consolidated Financial Statements.
Restrictions on Retained Earnings Both The U.S. Credit Facility and the indenture governing the 2018 Notes restrict, but do not prohibit, the Company from declaring dividends.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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