XML 71 R55.htm IDEA: XBRL DOCUMENT
v3.6.0.2

BUSINESS ACQUISITIONS (Narrative) (Details) $ in Thousands, bird / WK in Millions |  |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jan. 06, 2017 USD ($) employee bird / WK plant | Jun. 29, 2015 USD ($) trade_name | Dec. 27, 2015 USD ($) | Sep. 27, 2015 USD ($) | Dec. 25, 2016 USD ($) employee bird / WK distribution_center plant | Dec. 27, 2015 USD ($)
Business Acquisition [Line Items] |  |  |  |  |  |
Maximum processing capacity of employees per week (in birds per week) | bird / WK |  |  |  |  | 36.7 |
Number of employees of acquiree (more than) | employee |  |  |  |  | 39,600 |
Tyson Mexico [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Percentage of equity acquired |  | 100.00% |  |  |  |
Negotiated sales price |  | $ 400,000 |  |  |  |
Maximum processing capacity of employees per week (in birds per week) | bird / WK |  |  |  |  | 2.9 |
Number of processing plants acquired | plant |  |  |  |  | 3 |
Number of employees of acquiree (more than) | employee |  |  |  |  | 4,400 |
Number of distribution centers acquired | distribution_center |  |  |  |  | 5 |
Net sales of acquiree since acquisition date |  |  | $ 121,700 | $ 128,900 | $ 141,400 | $ 250,600
Net income (loss) of acquiree since acquisition date |  |  | $ (10,800) | $ (2,900) | $ 6,300 | $ (13,700)
Tyson Mexico [Member] | Trade names [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Indefinite-lived trade names acquired, number of trade names valued using the income approach | trade_name |  | 2 |  |  |  |
Indefinite-lived trade names acquired, royalty rate saved used in determination of fair value |  | 1.40% |  |  |  |
Indefinite-lived trade names acquired, net sales growth rate used in determination of fair value, terminal year |  | 3.80% |  |  |  |
Indefinite-lived trade names acquired, income tax rate used in determination of fair value |  | 30.00% |  |  |  |
Indefinite-lived trade names acquired, income tax amortization benefit rate used in determination of fair value |  | 15.00% |  |  |  |
Indefinite-lived trade names acquired, discount rate used in determination of fair value |  | 12.00% |  |  |  |
Indefinite-lived trade names acquired, fair value |  | $ 9,700 |  |  |  |
Tyson Mexico [Member] | Trade names [Member] | Minimum [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Indefinite-lived trade names acquired, royalty rates used in determination of fair value |  | 4.00% |  |  |  |
Indefinite-lived trade names acquired, net sales growth rate used in determination of fair value |  | 3.50% |  |  |  |
Tyson Mexico [Member] | Trade names [Member] | Maximum [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Indefinite-lived trade names acquired, royalty rates used in determination of fair value |  | 5.00% |  |  |  |
Indefinite-lived trade names acquired, net sales growth rate used in determination of fair value |  | 4.00% |  |  |  |
Tyson Mexico [Member] | Customer relationships [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Finite-lived intangible assets acquired, net sales growth rate used in determination of fair value |  | 4.00% |  |  |  |
Finite-lived intangible assets acquired, customer attrition rate used in determination of fair value |  | 7.90% |  |  |  |
Finite-lived intangible assets acquired, income tax rate used in determination of fair value |  | 30.00% |  |  |  |
Finite-lived intangible assets acquired, income tax amortization benefit rate used in determination of fair value |  | 23.40% |  |  |  |
Finite-lived intangible assets acquired, discount rate used in determination of fair value |  | 13.50% |  |  |  |
Finite-lived intangible assets acquired, fair value |  | $ 16,700 |  |  |  |
GNP [Member] | Subsequent Event [Member] |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |
Percentage of equity acquired | 100.00% |  |  |  |  |
Negotiated sales price | $ 350,000 |  |  |  |  |
Maximum processing capacity of employees per week (in birds per week) | bird / WK | 2.1 |  |  |  |  |
Number of processing plants acquired | plant | 3 |  |  |  |  |
Number of employees of acquiree (more than) | employee | 1,775 |  |  |  |  |

X
- Definition Number of persons employed by the Entity + References No definition available. + Details
Name: | dei_EntityNumberOfEmployees
Namespace Prefix: | dei_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Finite-lived Intangible Assets Acquired, Fair Value Inputs, Customer Attrition Rate + References No definition available. + Details
Name: | ppc_FinitelivedIntangibleAssetsAcquiredFairValueInputsCustomerAttritionRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Finite-lived Intangible Assets Acquired, Fair Value Inputs, Discount Rate + References No definition available. + Details
Name: | ppc_FinitelivedIntangibleAssetsAcquiredFairValueInputsDiscountRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Finite-lived Intangible Assets Acquired, Fair Value Inputs, Income Tax Amortization Benefit Rate + References No definition available. + Details
Name: | ppc_FinitelivedIntangibleAssetsAcquiredFairValueInputsIncomeTaxAmortizationBenefitRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Finite-lived Intangible Assets Acquired, Fair Value Inputs, Income Tax Rate + References No definition available. + Details
Name: | ppc_FinitelivedIntangibleAssetsAcquiredFairValueInputsIncomeTaxRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Finite-lived Intangible Assets Acquired, Fair Value Inputs, Net Sales Growth Rate + References No definition available. + Details
Name: | ppc_FinitelivedIntangibleAssetsAcquiredFairValueInputsNetSalesGrowthRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Discount Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsDiscountRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Income Tax Amortization Benefit Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsIncomeTaxAmortizationBenefitRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Income Tax Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsIncomeTaxRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Net Sales Growth Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsNetSalesGrowthRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Net Sales Growth Rate, Terminal Year + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsNetSalesGrowthRateTerminalYear
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Royalty Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsRoyaltyRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Fair Value Inputs, Royalty Saved Rate + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredFairValueInputsRoyaltySavedRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indefinite-lived Intangible Assets Acquired, Number of Trade Names Valued Using The Income Approach + References No definition available. + Details
Name: | ppc_IndefinitelivedIntangibleAssetsAcquiredNumberofTradeNamesValuedUsingTheIncomeApproach
Namespace Prefix: | ppc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum number of birds produced in a week by the employees as per processing capacity of the entity. + References No definition available. + Details
Name: | ppc_MaximumProcessingCapacityOfEmployeesPerWeek
Namespace Prefix: | ppc_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number Of Distribution Centers + References No definition available. + Details
Name: | ppc_NumberOfDistributionCenters
Namespace Prefix: | ppc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number Of Processing Plants + References No definition available. + Details
Name: | ppc_NumberOfProcessingPlants
Namespace Prefix: | ppc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. + References No definition available. + Details
Name: | us-gaap_FinitelivedIntangibleAssetsAcquired1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase in assets, excluding financial assets and goodwill, lacking physical substance with an indefinite life, from an acquisition. + References No definition available. + Details
Name: | us-gaap_IndefinitelivedIntangibleAssetsAcquired
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireBusinessesGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ppc_TysonMexicoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_TradeNamesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_CustomerRelationshipsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ppc_GNPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |