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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2019
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Loss | The following tables provide information regarding the changes in accumulated other comprehensive loss:
| Twenty-Six Weeks Ended June 30, 2019(a)
| Losses Related to Foreign Currency Translation |  | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Unrealized Holding Losses on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | (55,770 | ) |  | $ | (683 | ) |  | $ | (71,463 | ) |  | $ | 82 |  |  | $ | (127,834 | )
Other comprehensive income (loss) before reclassifications | (611 | ) |  | 388 |  |  | (2,873 | ) |  | 147 |  |  | (2,949 | )
Amounts reclassified from accumulated other comprehensive income (loss) to net income | — |  |  | (173 | ) |  | 496 |  |  | (231 | ) |  | 92 |
Currency translation | — |  |  | 12 |  |  | — |  |  | — |  |  | 12 |
Net current period other comprehensive income (loss) | (611 | ) |  | 227 |  |  | (2,377 | ) |  | (84 | ) |  | (2,845 | )
Balance, end of period | $ | (56,381 | ) |  | $ | (456 | ) |  | $ | (73,840 | ) |  | $ | (2 | ) |  | $ | (130,679 | )
| Twenty-Six Weeks Ended July 1, 2018(a)
| Gains Related to Foreign Currency Translation |  | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Unrealized Holding Gains on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | 42,081 |  |  | $ | (1,848 | ) |  | $ | (71,434 | ) |  | $ | 61 |  |  | $ | (31,140 | )
Other comprehensive income (loss) before reclassifications | (38,507 | ) |  | (97 | ) |  | 4,987 |  |  | 932 |  |  | (32,685 | )
Amounts reclassified from accumulated other comprehensive income (loss) to net income | — |  |  | 472 |  |  | 455 |  |  | (680 | ) |  | 247 |
Currency translation | — |  |  | (6 | ) |  | — |  |  | — |  |  | (6 | )
Net current period other comprehensive income (loss) | (38,507 | ) |  | 369 |  |  | 5,442 |  |  | 252 |  |  | (32,444 | )
Balance, end of period | $ | 3,574 |  |  | $ | (1,479 | ) |  | $ | (65,992 | ) |  | $ | 313 |  |  | $ | (63,584 | )
(a) All amounts are net of tax. Amounts in parentheses indicate debits to accumulated other comprehensive income (loss).
Schedule of Reclassification from Accumulated Other Comprehensive Loss |
|  | Amounts Reclassified from Accumulated Other Comprehensive Loss(a) |  |
Details about Accumulated Other Comprehensive Loss Components |  | Twenty-Six Weeks Ended June 30, 2019 |  | Twenty-Six Weeks Ended July 1, 2018 |  | Affected Line Item in the Condensed Consolidated Statements of Income
|  | (In thousands) |  |
Realized gain (loss) on settlement of derivative financial instruments classified as cash flow hedges |  | $ | 173 |  |  | $ | (472 | ) |  | Cost of sales
Realized gain on sale of securities |  | 307 |  |  | 899 |  |  | Interest income
Amortization of defined benefit pension and other postretirement plan actuarial losses: |  |  |  |  |  |
Union employees pension plan(b)(d) |  | (36 | ) |  | (24 | ) |  | Cost of sales
Legacy Gold Kist plans(c)(d) |  | (193 | ) |  | (180 | ) |  | Cost of sales
Legacy Gold Kist plans(c)(d) |  | (427 | ) |  | (397 | ) |  | Selling, general and administrative expense
Total before tax |  | (176 | ) |  | (174 | ) |  |
Tax benefit |  | 84 |  |  | (73 | ) |  |
Total reclassification for the period |  | $ | (92 | ) |  | $ | (247 | ) |  |
(a) | Amounts in parentheses represent debits to results of operations.
(b) | The Company sponsors the Union Plan, a qualified defined benefit pension plan covering certain locations or work groups with collective bargaining agreements.
(c) | The Company sponsors the GK Pension Plan, 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 SERP Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist executives, the Directors’ Emeriti Plan, a nonqualified defined benefit retirement plan covering certain former Gold Kist directors and the Retiree Life 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 loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits” to the Condensed Consolidated Financial Statements.

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