XML 85 R72.htm IDEA: XBRL DOCUMENT
v3.7.0.1

INCENTIVE COMPENSATION (Schedule of Awards) (Details) - $ / shares |  |  | 6 Months Ended
--- | --- | --- | ---
May 18, 2016 | Feb. 17, 2015 | Jun. 25, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Special cash dividends paid (in dollars per share) | $ 2.75 | $ 5.77 |
RSU 1 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 449,217
Grant Date |  |  | Feb. 19, 2014
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 16.70
Vesting Date |  |  | Dec. 31, 2016
Vesting Date Fair Value per Award (in dollars per share) |  |  | $ 18.99
Estimated Forfeiture Rate |  |  | 13.49%
Awards Forfeited to Date (in shares) |  |  | 86,458
RSU 2 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 223,701
Grant Date |  |  | Mar. 03, 2014
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 17.18
Vesting Date |  |  | Dec. 31, 2017
Estimated Forfeiture Rate |  |  | 12.34%
Awards Forfeited to Date (in shares) |  |  | 55,516
RSU 3 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 45,961
Grant Date |  |  | Feb. 11, 2015
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 25.87
Vesting Date |  |  | Dec. 31, 2017
Vesting Date Fair Value per Award (in dollars per share) |  |  | $ 18.99
Estimated Forfeiture Rate |  |  | 12.34%
Awards Forfeited to Date (in shares) |  |  | 0
RSU 4 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 251,136
Grant Date |  |  | Mar. 30, 2016
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 25.36
Vesting Date |  |  | Dec. 31, 2019
Vesting Date Fair Value per Award (in dollars per share) |  |  | $ 18.99
Awards Forfeited to Date (in shares) |  |  | 251,136
Percentage of awards forfeited |  |  | 100.00%
RSU 5 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 74,536
Grant Date |  |  | Oct. 13, 2016
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 20.93
Vesting Date |  |  | Dec. 31, 2016
Estimated Forfeiture Rate |  |  | 0.00%
Awards Forfeited to Date (in shares) |  |  | 0
RSU 6 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 389,424
Grant Date |  |  | Jan. 19, 2017
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 18.39
Estimated Forfeiture Rate |  |  | 0.00%
Awards Forfeited to Date (in shares) |  |  | 0
RSU 7 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 48,586
Grant Date |  |  | Feb. 13, 2017
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 20.52
Vesting Date |  |  | Feb. 13, 2017
Estimated Forfeiture Rate |  |  | 0.00%
Awards Forfeited to Date (in shares) |  |  | 0
RSU 8 |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Awards Granted (in shares) |  |  | 23,469
Grant Date |  |  | Feb. 13, 2017
Grant Date Fair Value per Award (in dollars per share) |  |  | $ 20.52
Vesting Date |  |  | Dec. 31, 2017
Estimated Forfeiture Rate |  |  | 0.00%
Awards Forfeited to Date (in shares) |  |  | 0

X
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition. + References No definition available. + Details
Name: | ppc_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingDate
Namespace Prefix: | ppc_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition It represents share-based compensation arrangement by share-based payment award, equity instruments other than options award estimated forfeiture rate. + References No definition available. + Details
Name: | ppc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAwardEstimatedForfeitureRate
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition It represents share based compensation arrangement by share based payment award equity instruments other than options award grant date. + References No definition available. + Details
Name: | ppc_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAwardGrantDate
Namespace Prefix: | ppc_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Awards Forfeited, Percentage + References No definition available. + Details
Name: | ppc_SharebasedCompensationArrangementbySharebasedPaymentAwardAwardsForfeitedPercentage
Namespace Prefix: | ppc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. + References Reference 1: 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 + Details
Name: | us-gaap_CommonStockDividendsPerShareCashPaid
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(3) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

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_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueSixMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueSevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ppc_RestrictedStockUnitsIssueEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |