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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 24, 2017 | Sep. 25, 2016 | Sep. 24, 2017 | Sep. 25, 2016
Statement of Comprehensive Income [Abstract] |  |  |  |
Net income | $ 238,313 | $ 101,965 | $ 584,242 | $ 394,685
Foreign currency translation adjustment |  |  |  |
Gains (losses) arising during the period | 22,378 | (43,961) | 89,153 | (171,509)
Income tax effect | 3,211 | 0 | 3,211 | 0
Derivative financial instruments designated as cash flow hedges |  |  |  |
Gains (losses) arising during the period | (779) | 65 | (137) | 167
Reclassification to net earnings for losses (gains) realized | 0 | (285) | 9 | (35)
Available-for-sale securities |  |  |  |
Gains (losses) arising during the period | 0 | 0 | 0 | 426
Income tax effect | 0 | 0 | 0 | (161)
Reclassification to net earnings for losses (gains) realized | 0 | 0 | 0 | (534)
Income tax effect | 0 | 0 | 0 | 202
Defined benefit plans |  |  |  |
Gains (losses) arising during the period | 393 | 2,852 | (4,078) | (11,500)
Income tax effect | (148) | (1,077) | 1,539 | 4,342
Reclassification to net earnings of losses realized | 233 | 165 | 699 | 494
Income tax effect | (88) | (62) | (264) | (187)
Total other comprehensive income (loss), net of tax | 25,200 | (42,303) | 90,132 | (178,295)
Comprehensive income | 263,513 | 59,662 | 674,374 | 216,390
Less: Comprehensive income (loss) for Granite Holdings Sàrl prior to acquisition by Pilgrim's Pride Corporation | 460 | (42,432) | 88,050 | (152,927)
Less: Comprehensive income (loss) attributable to noncontrolling interests | (460) | (130) | 514 | (334)
Comprehensive income attributable to Pilgrim's Pride Corporation | $ 263,513 | $ 102,224 | $ 585,810 | $ 369,651

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