Pilgrim’s pride corporation (PPC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Sep'09
Net sales

11,409

10,937

10,767

9,878

8,752

8,583

8,411

8,121

7,535

6,881

7,088

Cost of sales

10,338

10,094

9,296

8,774

7,453

7,189

7,565

7,685

7,675

6,416

6,764

Operational restructuring charges

-

-

-

-

-

-

-

-

1

4

12

Gross profit

1,070

843

1,471

1,103

1,298

1,393

845

435

-141

460

310

Selling, general and administrative expense

379

343

389

310

231

188

180

177

205

209

241

Administrative restructuring activity

-0

4

9

1

5

2

5

8

26

66

1

Total costs and expenses

-

-

-

-

-

-

-

-

-

6,696

7,020

Operating income

690

495

1,072

792

1,061

1,203

658

250

-373

185

67

Interest expense, net of capitalized interest

132

162

107

75

46

82

87

104

111

105

161

Interest income

14

13

7

2

3

4

2

1

-1

3

4

Foreign currency transaction loss (gain)

-6

-17

2

-4

-26

-27

-4

4

12

-0

-0

Business Combination, Bargain Purchase, Gain Recognized, Amount

56

0

0

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-11

0

Miscellaneous, net

-4

2

6

9

9

4

4

1

-9

13

3

Total other expenses

-

-

-

-

-

-

-

-

-

100

153

Income (loss) from continuing operations before reorganization

-

-

-

-

-

-

-

-

-

85

-86

Reorganization items, net

-

-

-

-

-

-

-

-

-

18

87

Income before income taxes

617

332

982

724

1,001

1,102

573

153

-487

66

-173

Income tax expense

161

85

263

243

338

390

24

-20

8

-23

-21

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-152

Income from discontinued business, net of tax

-

-

-

-

-

-

-

-

-

-

0

Net income

456

246

718

480

662

711

549

174

-495

90

-151

Less: Net income from Granite Holdings Sàrl prior to acquisition by Pilgrim’s Pride Corporation

0

0

23

40

17

-

-

-

-

-

-

Less: Net income attributable to noncontrolling interests

0

-1

0

-0

0

-0

0

-0

1

3

-0

Net income attributable to Pilgrim’s Pride Corporation

455

247

694

440

645

711

549

174

-496

87

-151

Weighted average shares of Pilgrim's Pride Corporation common stock outstanding:
Basic (in shares)

249

248

248

253

258

258

258

250

224

224

74

Effect of dilutive common stock equivalents (in shares)

0

0

0

0

0

0

0

0

0

0

2

Diluted (in shares)

249

249

248

254

258

259

259

250

224

224

76

Net income attributable to Pilgrim’s Pride Corporation per share of common stock outstanding:
Income (loss) from continuing operations attributable to Pilgrims Pride Corporation common stockholders

-

-

-

-

-

-

-

-

-

-

-2.06

Income from discontinued business attributable to Pilgrims Pride Corporation common stockholders

-

-

-

-

-

-

-

-

-

-

0.01

Basic (in dollars per share)

1.83

1.00

2.79

1.74

2.50

2.75

2.12

0.70

-2.21

0.39

-2.05

Income (loss) from continuing operations attributable to Pilgrims Pride Corporation common stockholders

-

-

-

-

-

-

-

-

-

-

-2.06

Income from discontinued business attributable to Pilgrims Pride Corporation common stockholders

-

-

-

-

-

-

-

-

-

-

0.01

Diluted (in dollars per share)

1.83

1.00

2.79

1.73

2.50

2.74

2.12

0.70

-2.21

0.39

-2.05

Income (loss) from continuing operations, net of tax

-

-

-

-

-

-

-

-

-

-

-152

Income from discontinued business, net of tax

-

-

-

-

-

-

-

-

-

-

0

Net income (loss) attributable to Pilgrim's Pride Corporation

455

247

694

440

645

-

-

-

-

-

-151