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RELATED PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2023
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | Pilgrim’s has been and, in some cases, continues to be a party to certain transactions with affiliated companies.
| Year Ended
| December 31, 2023 |  | December 25, 2022 |  | December 26, 2021
| (In thousands)
Sales to related parties |  |  |  |  |
JBS USA Food Company(a) | $ | 27,687 |  |  | $ | 24,224 |  |  | $ | 17,296 |
JBS Australia Pty. Ltd. | 4,981 |  |  | 2,855 |  |  | 2,439 |
Other related parties | 3,135 |  |  | 2,868 |  |  | 1,721 |
Total sales to related parties | $ | 35,803 |  |  | $ | 29,947 |  |  | $ | 21,456 |
| Year Ended
| December 31, 2023 |  | December 25, 2022 |  | December 26, 2021
| (In thousands)
Cost of goods purchased from related parties |  |  |  |  |
JBS USA Food Company(a) | $ | 185,258 |  |  | $ | 156,452 |  |  | $ | 210,657 |
Seara Meats B.V. | 28,828 |  |  | 44,364 |  |  | 4,722 |
Penasul UK LTD | 13,932 |  |  | 13,516 |  |  | 6,697 |
JBS Asia CO Limited | 4,953 |  |  | 7,762 |  |  | 5 |
Other related parties | 7,168 |  |  | 1,476 |  |  | 1,054 |
Total cost of goods purchased from related parties | $ | 240,139 |  |  | $ | 223,570 |  |  | $ | 223,135 |
| Year Ended
| December 31, 2023 |  | December 25, 2022 |  | December 26, 2021
| (In thousands)
Expenditures paid by related parties |  |  |  |  |
JBS USA Food Company(b) | $ | 156,439 |  |  | $ | 91,568 |  |  | $ | 97,713 |
Other related parties | 15 |  |  | 97 |  |  | 13 |
Total expenditures paid by related parties | $ | 156,454 |  |  | $ | 91,665 |  |  | $ | 97,726 |
| Year Ended
| December 31, 2023 |  | December 25, 2022 |  | December 26, 2021
| (In thousands)
Expenditures paid on behalf of related parties |  |  |  |  |
JBS USA Food Company(b) | $ | 22,734 |  |  | $ | 53,065 |  |  | $ | 42,951 |
Other related parties | 5 |  |  | 5,514 |  |  | — |
Total expenditures paid on behalf of related parties | $ | 22,739 |  |  | $ | 58,579 |  |  | $ | 42,951 |
| Year Ended
| December 31, 2023 |  | December 25, 2022 |  | December 26, 2021
| (In thousands)
Other related party transactions |  |  |  |  |
Capital distribution (contribution) under tax sharing agreement (c) | $ | (1,425) |  |  | $ | 1,592 |  |  | $ | 1,961 |
| December 31, 2023 |  | December 25, 2022
| (In thousands)
Accounts receivable from related parties |  |  |
JBS USA Food Company(a) | $ | 967 |  |  | $ | 2,062 |
Seara Meats B.V. | 46 |  |  | 61 |
Other related parties | 765 |  |  | 389 |
Total accounts receivable from related parties | $ | 1,778 |  |  | $ | 2,512 |
| December 31, 2023 |  | December 25, 2022
| (In thousands)
Accounts payable to related parties |  |  |
JBS USA Food Company(a) | $ | 34,038 |  |  | $ | 7,434 |
JBS Asia Co Limited | 2,254 |  |  | 2,099 |
Seara Meats B.V. | 2,252 |  |  | 1,565 |
Penasul UK LTD | 2,187 |  |  | 940 |
Other related parties | 523 |  |  | 117 |
Total accounts payable to related parties | $ | 41,254 |  |  | $ | 12,155 |
(a)The Company routinely execute transactions to both purchase products from JBS USA Food Company and sell products to them. As of December 31, 2023, approximately $0.2 million of goods from JBS USA were in transit and not reflected on our Consolidated Balance Sheets. (b)The Company has an agreement with JBS USA to allocate costs associated with JBS USA’s procurement of SAP licenses and maintenance services for both companies. Under this agreement, the fees associated with procuring SAP licenses and maintenance services are allocated between the Company and JBS USA in proportion to the percentage of licenses used by each company. The agreement expires on the date of expiration, or earlier termination, of the underlying SAP license agreement. The Company also has an agreement with JBS USA to allocate the costs of supporting the business operations by one consolidated corporate team, which have historically been supported by their respective corporate teams. Expenditures paid by JBS USA on behalf of the Company will be reimbursed by the Company and expenditures paid by the Company on behalf of JBS USA will be reimbursed by JBS USA. This agreement expires on December 31, 2024. (c)The Company entered into a TSA during 2014 with JBS USA Holdings effective for tax years starting in 2010. The net tax receivable for tax year 2023 was recorded in 2023 and will be paid in 2024. The net tax payable for tax year 2022 was accrued in 2022 and was paid in 2023. The net tax payable for tax year 2021 was accrued in 2021 and was paid in 2022.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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