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RESTRUCTURING-RELATED ACTIVITIES - Schedule of Restructuring Reserve (Details) $ in Thousands | 3 Months Ended
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Mar. 30, 2025 USD ($)
Pilgrim’s Food Masters 2024 |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | $ 6,773
Restructuring charges incurred | 1,331
Cash payments and disposals | (2,986)
Currency translation | 152
Liability or reserve as of March 30, 2025 | 5,270
Pilgrim’s Food Masters 2024 | Employee retention benefits |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 76
Restructuring charges incurred | 244
Cash payments and disposals | (298)
Currency translation | 2
Liability or reserve as of March 30, 2025 | 24
Pilgrim’s Food Masters 2024 | Severance |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 1,620
Restructuring charges incurred | (112)
Cash payments and disposals | (445)
Currency translation | 32
Liability or reserve as of March 30, 2025 | 1,095
Pilgrim’s Food Masters 2024 | Asset impairment costs |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 0
Restructuring charges incurred | 63
Cash payments and disposals | (63)
Currency translation | 0
Liability or reserve as of March 30, 2025 | 0
Pilgrim’s Food Masters 2024 | Inventory adjustments |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 0
Restructuring charges incurred | (34)
Cash payments and disposals | 34
Currency translation | 0
Liability or reserve as of March 30, 2025 | 0
Pilgrim’s Food Masters 2024 | Lease termination |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 290
Restructuring charges incurred | 6
Cash payments and disposals | (6)
Currency translation | 8
Liability or reserve as of March 30, 2025 | 298
Pilgrim’s Food Masters 2024 | Other charges |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 4,787
Restructuring charges incurred | 1,164
Cash payments and disposals | (2,208)
Currency translation | 110
Liability or reserve as of March 30, 2025 | 3,853
Pilgrim’s Europe Central |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 4,204
Restructuring charges incurred | 14,655
Cash payments and disposals | (1,813)
Currency translation | 474
Liability or reserve as of March 30, 2025 | 17,520
Pilgrim’s Europe Central | Severance |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 2,823
Restructuring charges incurred | 12,188
Cash payments and disposals | (1,813)
Currency translation | 365
Liability or reserve as of March 30, 2025 | 13,563
Pilgrim’s Europe Central | Inventory adjustments |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 91
Restructuring charges incurred | 0
Cash payments and disposals | 0
Currency translation | 3
Liability or reserve as of March 30, 2025 | 94
Pilgrim’s Europe Central | Lease termination |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 0
Restructuring charges incurred | 2,042
Cash payments and disposals | 0
Currency translation | 56
Liability or reserve as of March 30, 2025 | 2,098
Pilgrim’s Europe Central | Other charges |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 67
Restructuring charges incurred | 425
Cash payments and disposals | 0
Currency translation | 15
Liability or reserve as of March 30, 2025 | 507
Pilgrim’s Europe Central | Contract termination |
Restructuring Reserve [Roll Forward] |
Liability or reserve as of December 29, 2024 | 1,223
Restructuring charges incurred | 0
Cash payments and disposals | 0
Currency translation | 35
Liability or reserve as of March 30, 2025 | $ 1,258

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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 + Details
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- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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