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CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 25, 2016 | Dec. 27, 2015
Statement of Comprehensive Income [Abstract] |  |  |
Net income | $ 718,167 | $ 480,117 | $ 662,972
Foreign currency translation adjustment |  |  |
Gains (losses) arising during the period | 100,081 | (233,232) | (32,482)
Income tax effect | 3,137 | 0 | 0
Derivative financial instruments designated as cash flow hedges |  |  |
Gains (losses) arising during the period | 60 | (151) | (56)
Reclassification to net earnings for losses (gains) realized | (639) | 311 | (5)
Available-for-sale securities |  |  |
Gains arising during the period | 132 | 443 | 533
Income tax effect | (50) | (167) | (201)
Reclassification to net earnings for gains realized | (34) | (552) | (475)
Income tax effect | 13 | 209 | 179
Defined benefit plans |  |  |
Gains (losses) arising during the period | (8,738) | (9,085) | 5,054
Income tax effect | 968 | 3,429 | (1,908)
Reclassification to net earnings of losses realized | 932 | 659 | 689
Income tax effect | (353) | (249) | (260)
Total other comprehensive income (loss), net of tax | 95,509 | (238,385) | (28,932)
Comprehensive income | 813,676 | 241,732 | 634,040
Less: Comprehensive income (loss) for Granite Holdings Sàrl prior to acquisition by Pilgrim's Pride Corporation | 88,050 | (192,684) | (15,533)
Less: Comprehensive income (loss) attributable to noncontrolling interests | 102 | (803) | 48
Comprehensive income attributable to Pilgrim's Pride Corporation | $ 725,524 | $ 435,219 | $ 649,525

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