10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________

FORM 10-Q

_____________________

ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2013

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________to _____________.

Commission File Number 001-35844

___________________________________

Pinnacle Foods Inc.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware	35-2215019
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
399 Jefferson Road Parsippany, New Jersey	07054
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (973) 541-6620

___________________________________

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  ¨     No  ý

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Yes  ý    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer," “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check One):

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	ý	Smaller Reporting Company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)

Yes  ¨    No  ý

The Registrant had 117,263,832 shares of common stock, $0.01 par value, outstanding at May 10, 2013.

	TABLE OF CONTENTS FORM 10-Q	Page No.
PART I - FINANCIAL INFORMATION		1
ITEM 1:	FINANCIAL STATEMENTS (UNAUDITED)	1
CONSOLIDATED STATEMENTS OF OPERATIONS		2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS		3
CONSOLIDATED BALANCE SHEETS		4
CONSOLIDATED STATEMENTS OF CASH FLOWS		5
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY		6
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)		7
1.	Summary of Business Activities	7
2.	Interim Financial Statements	7
3.	Fair Value Measurements	8
4.	Other Expense (Income), net	9
5.	Stockholders' Equity, Equity-Based Compensation Expense and Earnings Per Share	10
6.	Balance Sheet Information	15
7.	Goodwill, Tradenames and Other Assets	17
8.	Restructuring and Impairment Charges	20
9.	Debt and Interest Expense	21
10.	Pension and Retirement Plans	27
11.	Financial Instruments	29
12.	Commitments and Contingencies	34
13.	Related Party Transactions	34
14.	Segments	35
15.	Taxes on Earnings	37
16.	Recently Issued Accounting Pronouncements	37
17.	Guarantor and Nonguarantor Statements	38
18.	Subsequent Events	45
ITEM 2:	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	46
ITEM 3:	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	67
ITEM 4:	CONTROLS AND PROCEDURES	68
PART II - OTHER INFORMATION		69
ITEM 1:	LEGAL PROCEEDINGS	69
ITEM 1A:	RISK FACTORS	69
ITEM 2:	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	69
ITEM 3:	DEFAULTS UPON SENIOR SECURITIES	70
ITEM 4:	MINE SAFETY DISCOSURES	70
ITEM 5:	OTHER INFORMATION	70
ITEM 6:	EXHIBITS	74
SIGNATURES		73

PART I - FINANCIAL INFORMATION

ITEM 1.FINANCIAL STATEMENTS

Unaudited consolidated financial statements begin on the following page

1

PINNACLE FOODS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

(thousands of dollars, except per share data)

	Three months ended
	March 31, 2013		March 25, 2012
Net sales	$	612,981	$	616,925
Cost of products sold	458,140		481,248
Gross profit	154,841		135,677
Operating expenses
Marketing and selling expenses	45,628		44,000
Administrative expenses	22,558		20,614
Research and development expenses	2,327		2,207
Other expense (income), net	3,657		3,686
Total operating expenses	74,170		70,507
Earnings before interest and taxes	80,671		65,170
Interest expense	40,656		49,612
Interest income	3		58
Earnings before income taxes	40,018		15,616
Provision for income taxes	15,222		6,077
Net earnings	$	24,796	$	9,539
Net earnings per share
Basic	$	0.31	$	0.12
Diluted	$	0.29	$	0.11

See accompanying Notes to Unaudited Consolidated Financial Statements

2

PINNACLE FOODS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (unaudited)

(thousands of dollars)

	Three months ended
	March 31, 2013			March 25, 2012
Net earnings	$	24,796		$	9,539
Other comprehensive earnings
Foreign currency translation	(2		)	265
Net gain (loss) on financial instrument contracts	604			(4,309		)
Loss on pension actuarial assumption adjustments	—			(110		)
Reclassifications into earnings:
Financial instrument contracts	662			4,045
Amortization of deferred mark-to-market adjustment on terminated swaps	—			413
Loss on pension actuarial assumption adjustments	456			13
Tax provision on other comprehensive earnings	(597		)	(253		)
Total other comprehensive earnings - net of tax	1,123			64
Total comprehensive earnings	$	25,919		$	9,603

See accompanying Notes to Unaudited Consolidated Financial Statements

3

PINNACLE FOODS INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (unaudited)

(thousands of dollars, except share and per share amounts)

	March 31, 2013			December 30, 2012
Current assets:
Cash and cash equivalents	$	132,094		$	92,281
Accounts receivable, net of allowances of $5,768 and $5,149, respectively	168,451			143,884
Inventories	326,126			358,051
Other current assets	16,466			11,862
Deferred tax assets	100,391			99,199
Total current assets	743,528			705,277
Plant assets, net of accumulated depreciation of $259,018 and $244,694, respectively	501,178			493,666
Tradenames	1,603,992			1,603,992
Other assets, net	150,199			155,558
Goodwill	1,441,495			1,441,495
Total assets	$	4,440,392		$	4,399,988
Current liabilities:
Short-term borrowings	$	1,831		$	2,139
Current portion of long-term obligations	14,832			30,419
Accounts payable	127,443			137,326
Accrued trade marketing expense	50,825			44,571
Accrued liabilities	130,129			119,269
Total current liabilities	325,060			333,724
Long-term debt (includes $62,754 and $63,097 owed to related parties, respectively)	2,585,825			2,576,386
Pension and other postretirement benefits	100,046			100,918
Other long-term liabilities	27,360			28,705
Deferred tax liabilities	487,468			471,529
Total liabilities	3,525,759			3,511,262
Commitments and contingencies (Note 12)
Shareholders' equity:
Pinnacle common stock: par value $.01 per share, 200,000,000 shares authorized, issued and outstanding 83,903,385 and 81,210,672, respectively	839			812
Additional paid-in-capital	696,473			696,512
Retained earnings	277,751			252,955
Accumulated other comprehensive loss	(60,430		)	(61,553		)
Total shareholders' equity	914,633			888,726
Total liabilities and shareholders' equity	$	4,440,392		$	4,399,988

See accompanying Notes to Unaudited Consolidated Financial Statements

4

PINNACLE FOODS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

(thousands of dollars)

	Three months ended
	March 31, 2013			March 25, 2012
Cash flows from operating activities
Net earnings	$	24,796		$	9,539
Non-cash charges (credits) to net earnings
Depreciation and amortization	19,270			20,490
Amortization of discount on term loan	314			301
Amortization of debt acquisition costs	1,713			2,559
Amortization of deferred mark-to-market adjustment on terminated swaps	—			413
Change in value of financial instruments	(414		)	(2,425		)
Equity-based compensation charge	175			300
Pension expense, net of contributions	(416		)	(2,272		)
Gain on sale of assets held for sale	(701		)	—
Other long-term liabilities	(613		)	32
Other long-term assets	—			234
Deferred income taxes	14,502			5,183
Changes in working capital
Accounts receivable	(24,729		)	(24,119		)
Inventories	32,007			18,069
Accrued trade marketing expense	6,317			6,385
Accounts payable	(10,297		)	(15,856		)
Accrued liabilities	11,053			14,622
Other current assets	(5,233		)	402
Net cash provided by operating activities	67,744			33,857
Cash flows from investing activities
Capital expenditures	(18,242		)	(13,505		)
Proceeds from sale of plant assets	1,775			—
Net cash used in investing activities	(16,467		)	(13,505		)
Cash flows from financing activities
Repayments of long-term obligations	(10,581		)	(3,125		)
Proceeds from short-term borrowings	1,107			815
Repayments of short-term borrowings	(1,415		)	(937		)
Repayment of capital lease obligations	(550		)	(792		)
Repurchases of equity	(187		)	(350		)
Net cash used in financing activities	(11,626		)	(4,389		)
Effect of exchange rate changes on cash	162			218
Net change in cash and cash equivalents	39,813			16,181
Cash and cash equivalents - beginning of period	92,281			151,031
Cash and cash equivalents - end of period	$	132,094		$	167,212
Supplemental disclosures of cash flow information:
Interest paid	$	36,325		$	35,673
Interest received	3			58
Income taxes paid	304			96
Non-cash investing and financing activities:
New capital leases	4,668			—

See accompanying Notes to Unaudited Consolidated Financial Statements

5

PINNACLE FOODS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (unaudited)

(thousands of dollars, except share amounts)

	Common Stock				Additional Paid In Capital			Retained earnings		Accumulated Other Comprehensive Loss			Total Shareholders' Equity
	Shares		Amount
Balance, December 25, 2011	81,272,593		$	813	$	696,539		$	200,436	$	(52,436	)	$	845,352
Equity contributions:
Shares repurchased	(28,080	)	—		(350		)						(350		)
Equity related compensation					300								300
Comprehensive earnings								9,539		64			9,603
Balance, March 25, 2012	81,244,513		$	813	$	696,489		$	209,975	$	(52,372	)	$	854,905
Balance, December 30, 2012	81,210,672		$	812	$	696,512		$	252,955	$	(61,553	)	$	888,726
Equity contributions:
Share issuance	2,700,767		27		(27		)						—
Shares repurchased	(8,054	)	—		(187		)						(187		)
Equity related compensation					175								175
Comprehensive earnings								24,796		1,123			25,919
Balance, March 31, 2013	83,903,385		$	839	$	696,473		$	277,751	$	(60,430	)	$	914,633

See accompanying Notes to Unaudited Consolidated Financial Statements

6

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

1. Summary of Business Activities

Business Overview

Pinnacle Foods Inc. (hereafter referred to as “Pinnacle” or the “Company”), formerly known as Crunch Holding Corp., is a holding company whose sole asset is 100% ownership of Peak Finance Holdings LLC (“PFH”). PFH is a holding company whose sole asset is 100% ownership of Pinnacle Foods Finance LLC (“Pinnacle Finance”). As of March 31, 2013 Pinnacle was majority owned by Peak Holdings LLC ("Peak Holdings") which is 99% owned by affiliates of the Blackstone Group. In addition, a warrant agreement was in place, whereby Peak Holdings could acquire up to an additional 5,192,974 shares (subject to adjustment) of Pinnacle.

The Company is a leading manufacturer, marketer and distributor of high quality, branded convenience food products, the products and operations of which are managed and reported in three operating segments: (i) Birds Eye Frozen, (ii) Duncan Hines Grocery and (iii) Specialty Foods. The Company’s United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), frozen seafood (Van de Kamp’s, Mrs. Paul’s), full-calorie single-serve frozen dinners and entrées (Hungry-Man), frozen breakfast (Aunt Jemima), frozen and refrigerated bagels (Lender’s), and frozen pizza for one (Celeste) are reported in the Birds Eye Frozen Division. The Company’s baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), table syrups (Mrs. Butterworth’s and Log Cabin), canned meat (Armour, Nalley, Brooks), pie and pastry fillings (Comstock, Wilderness), barbecue sauces (Open Pit), salad dressing (Bernstein’s) and all Canadian operations are reported in the Duncan Hines Grocery Division. The Specialty Foods Division consists of snack products (Tim’s Cascade and Snyder of Berlin) and the Company’s food service and private label businesses.

History and Current Ownership

Since 2001, the Company and its predecessors have been involved in several business combinations to acquire certain assets and liabilities related to the brands discussed above.

On December 23, 2009, Pinnacle Foods Group LLC (“PFG LLC”), an entity wholly owned by Pinnacle Finance, purchased Birds Eye Foods, Inc. (the “Birds Eye Acquisition”).

On March 12, 2013, the Company’s board of directors authorized a 55.2444 for 1 split of the common stock. The split became effective on the date of approval. The Company retained the par value of $0.01 per share for all shares of common stock. All references to numbers of common shares and per-share data in the accompanying financial statements have been adjusted to reflect the stock split on a retroactive basis. Stockholders’ equity reflects the stock split by reclassifying from “Additional paid-in capital” to “Common stock” an amount equal to the par value of the additional shares arising from the split.

On March 28, 2013, the U.S. Securities and Exchange Commission (SEC) declared effective the Company's registration statement on Form S-1 related to its initial public offering ("IPO"). The Company's stock began trading on the New York Stock Exchange ("NYSE"), under the ticker symbol "PF", on March 28, 2013. On April 3, 2013, the IPO was completed. See Note 18 for further details. In connection with the IPO, 2,618,307 additional shares were issued through the exercise of the warrant agreement described above. Immediately thereafter, the warrant agreement was terminated.

2. Interim Financial Statements

In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting primarily of normal recurring adjustments) necessary for a fair statement of the Company’s financial position as of March 31, 2013, the results of operations for the three months ended March 31, 2013 and March 25, 2012, and the cash flows for the three months ended March 31, 2013 and March 25, 2012. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year. The accompanying unaudited consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended December 30, 2012.

7

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

3. Fair Value Measurements

The authoritative guidance for financial assets and liabilities discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels:

Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active.

Level 3: Unobservable inputs that reflect the Company’s assumptions.

The Company’s financial assets and liabilities subject to recurring fair value measurements and the required disclosures are as follows:

	Fair Value as of March 31, 2013		Fair Value Measurements Using Fair Value Hierarchy						Fair Value as of December 30, 2012		Fair Value Measurements Using Fair Value Hierarchy
			Level 1		Level 2		Level 3				Level 1		Level 2		Level 3
Assets
Foreign currency derivatives	$	1,182	$	—	$	1,182	$	—	$	638	$	—	$	638	$	—
Commodity derivatives	398		—		398		—		525		—		525		—
Total assets at fair value	$	1,580	$	—	$	1,580	$	—	$	1,163	$	—	$	1,163	$	—
Liabilities
Interest rate derivatives	$	3,074	$	—	$	3,074	$	—	$	3,807	$	—	$	3,807	$	—
Commodity derivatives	153		—		153		—		682		—		682		—
Total liabilities at fair value	$	3,227	$	—	$	3,227	$	—	$	4,489	$	—	$	4,489	$	—

The Company manages economic risks, including interest rate, liquidity and credit risk, primarily by managing the amount, sources and duration of its debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk.

The valuations of these instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate, commodity, and foreign exchange forward curves. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash payments (or receipts) and the discounted expected variable cash receipts (or payments). The variable cash receipts (or payments) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with the provisions of the authoritative guidance for fair value disclosure, the Company incorporates credit valuation adjustments to appropriately reflect both its own non-performance risk and the respective counterparty’s non-performance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of non-performance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. The Company had no fair value measurements based upon significant unobservable inputs (Level 3) as of March 31, 2013 or December 30, 2012.

In addition to the instruments named above, the Company also makes fair value measurements in connection with its annual goodwill and trade name impairment testing. These measurements would fall into Level 3 of the fair value hierarchy.

8

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

In December 2011, the Company adopted the provisions of the Financial Accounting Standards Board's (“FASB”) Accounting Standards Update No. 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements," (“ASU 2011-04”). For purposes of calculating fair value of financial instruments, we manage the portfolio of financial assets and financial liabilities on the basis of the Company's net exposure to credit risk. The Company has elected to apply the portfolio exception in ASU 2011-04 with respect to measuring counterparty credit risk for all of its derivative transactions subject to master netting arrangements on a net basis by counterparty portfolio.

4. Other Expense (Income), net

	Three months ended
	March 31, 2013			March 25, 2012
Other expense (income), net consists of:
Amortization of intangibles/other assets	$	3,872		$	3,882
Royalty income and other	(215		)	(196		)
Total other expense (income), net	$	3,657		$	3,686

9

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

5. Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share

Equity-based Compensation

The Company has two long-term incentive programs: The 2007 Stock Incentive Plan and the 2013 Omnibus Incentive Plan. Prior to March 28, 2013, the Company also had the 2007 Unit Plan, which was terminated in connection with the Company's recent IPO. Equity-based compensation expense recognized during the period is based on the value of the portion of equity-based payment awards that is ultimately expected to vest during the period. As equity-based compensation expense recognized in the Consolidated Statements of Operations is based on awards ultimately expected to vest, it has been reduced for estimated forfeitures. The authoritative guidance for equity compensation requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.

The Company currently uses the Black-Scholes option-pricing model as its method of valuation for equity-based awards. Prior to March 28, 2013, since the underlying equity was not publicly traded, the determination of fair value of equity-based payment awards on the date of grant using an option-pricing model was based upon estimates of enterprise value as well as assumptions regarding a number of highly complex and subjective variables. The estimated enterprise value was based upon forecasted cash flows for five years plus a terminal year and an assumed discount rate. The other variables used to determine fair value of equity-based payment awards include, but are not limited to, the expected stock price volatility of a group of industry comparable companies over the term of the awards, and actual and projected employee equity option exercise behaviors.

The fair value of the options granted during the three months ended March 31, 2013 and March 25, 2012, respectively, was estimated on the date of the grant (using an IPO price of $20.00 a share on the first quarter 2013 grant) using the Black-Scholes model with the following weighted average assumptions:

	March 31, 2013		March 25, 2012
Risk-free interest rate	1.1	%	0.64	%
Expected time to option exercise	6.50 years		1.93 years
Expected volatility of Pinnacle Foods Inc. stock	35	%	55	%
Expected dividend yield on Pinnacle Foods Inc. stock	3.60	%	—	%

Volatility was based on the average volatility of a group of publicly traded food companies. The Company estimates the annual forfeiture rates to be between 6.0% and 8.0% under its long-term incentive plans.

10

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Expense Information

The following table summarizes equity-based compensation expense related to employee equity options and employee equity units under the authoritative guidance for equity compensation which was allocated as follows:

	Three months ended
	March 31, 2013			March 25, 2012
Cost of products sold	$	23		$	40
Marketing and selling expenses	70			121
Administrative expenses	77			130
Research and development expenses	5			9
Pre-Tax Equity-Based Compensation Expense	175			300
Income Tax Benefit	(6		)	(12		)
Net Equity-Based Compensation Expense	$	169		$	288

As of March 31, 2013, cumulative unrecognized equity compensation expense of the unvested portion of shares for the Company's two long-term incentive programs was $40,986. The weighted average period over which vesting will occur is approximately 6.8 years for the 2007 Stock Incentive Plan and 3 years for the 2013 Omnibus Plan. The Company did not meet the Management EBITDA target in 2012 or in 2011 for awards issued in 2011 and prior and, as a result, the Performance Options did not vest. For grants made in 2012, the Company did meet the Management EBITDA target. Options and units under the plans have a termination date of 10 years from the date of issuance.

2007 Stock Incentive Plan

The Company adopted an equity option plan (the “2007 Stock Incentive Plan”) providing for the issuance of up to 1,104,888 shares of the Company's common stock. Pursuant to the 2007 Stock Incentive Plan, certain officers, employees, managers, directors and other persons are eligible to receive grants of nonqualified stock options, as permitted by applicable law. For options granted from 2007 to 2009, generally 25% of the options will vest ratably over five years (“Time-Vested Options”), subject to full acceleration upon a change of control. Fifty percent of the options vest ratably over five years if annual or cumulative Management EBITDA targets, as defined, are met (“Performance Options”). The final 25% of the options vest either on a change of control or liquidity event, if a 12% annual internal rate of return is attained by Blackstone (“Exit Options”). In addition, the plan was also revised to provide that if the EBITDA target is achieved in any two consecutive fiscal years (excluding 2007 and 2008) during the employee's continued employment, then that year's and all prior years' performance options will vest and become exercisable, and if the exit options vest and become exercisable during the employees continued employment, then all the performance options will also vest and become exercisable. Subsequent to 2009, the Company awarded options in the form of Time Vested Options (25%) and Performance Options (75%) to certain employees. The options have the same vesting provisions as stated above, including the provisions that if there is a change of control or liquidity event and if a 12% annual internal rate of return is attained by Blackstone, then all the Performance Options will also vest and become exercisable. Prior to March 1, 2013, this annual internal rate of return target was 20%, but the Compensation Committee of the Board of Directors reduced the target for vesting purposes on that date from 20% to 12% to reflect changes in the food industry environment since the plan was adopted. Subsequent to the adoption of the 2013 Omnibus plan, there will be no more grants under this plan.

11

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The following table summarizes the equity option transactions under the 2007 Stock Incentive Plan:

		Number of Shares		Weighted Average Exercise Price		Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		436,486		$	9.99	$	3.97	6.22	1,642
	Granted	—		—		—
	Exercised	(6,022	)	8.77		4.10
	Forfeitures	(8,949	)	8.96		2.66
Outstanding, March 31, 2013		421,515		10.03		$	3.97	6.03	5,134
Exercisable, March 31, 2013		178,274		$	9.01	$	4.04	5.03	$	2,353

2007 Unit Plan

Peak Holdings, the former parent of Pinnacle Foods Inc., adopted an equity plan (the “2007 Unit Plan”) providing for the issuance of profit interest units (PIUs) in Peak Holdings. Certain employees had been given the opportunity to invest in Peak Holdings through the purchase of Peak Holding's Class A-2 Units. In addition, from 2007 to 2009, each manager who so invested was awarded profit interests in Peak Holdings in the form of Class B-1, Class B-2 and Class B-3 Units. Generally 25% of the PIUs vested ratably over five years (“Class B-1 Units”), subject to full acceleration upon a change of control. Fifty percent of the PIUs vested ratably over five years depending on whether annual or cumulative EBITDA targets are met (“Class B-2 Units”). The plan also provides that, if the Adjusted EBITDA target was achieved in any two consecutive fiscal years during the employee's continued employment, then that year's and all prior years' Class B-2 Units vested, and if there is a change of control or liquidity event defined as when Blackstone sells more than 50% of its holdings and a certain annual internal rate of return is attained by Blackstone, then all the Class B-2 units also vested, and if the Class B-3 Units vested during the employee's continued employment (as described below) then all the Class B-2 Units also vested. The final 25% of the PIUs granted vested either on a change of control or liquidity event, if a 12% annual internal rate of return is attained by Blackstone (“Class B-3 Units”). Subsequent to 2009, the Company awarded PIUs to certain employees in the form of Class B-1 Units (25%) and Class B-2 Units (75%). The Class B-1 Units and Class B-2 Units have the same vesting provisions as stated above, including the provisions that if there is a change of control or liquidity event and if a 12% annual internal rate of return is attained by Blackstone, then all the Class B-2 units will also vest and become exercisable. Prior to March 1, 2013, this annual internal rate of return target was 20%, but the Compensation Committee of the Board of Directors reduced the target for vesting purposes on that date from 20% to 12% to reflect changes in the food industry environment since the plan was adopted.

In connection with the Company's IPO, Peak Holdings was dissolved resulting in the termination of the 2007 Unit Plan and the adoption of the 2013 Omnibus Incentive plan (as further described below). As a result of the dissolution, the holders of units of Peak Holdings were distributed the assets of Peak Holdings. As the sole assets of Peak Holdings were shares of the Company's common stock, units were converted into shares of common stock. The number of shares of common stock delivered to the equity holder as a result of the conversion had the same intrinsic value as the Class A-2 Units held by the equity holder prior to such conversion. Additionally, in connection with the dissolution, all PIUs were converted into shares or restricted shares of the Company's common stock. Vested PIUs were converted into shares of common stock and unvested PIUs were converted into unvested restricted shares of our common stock, which are subject to vesting terms substantially similar to those applicable to the unvested PIU immediately prior to the conversion. The number of shares delivered under the 2013 Omnibus Plan, 1,546,355, have the same intrinsic value as the PIUs immediately prior to such conversion.

12

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

2013 Omnibus Plan

The Company adopted an equity incentive plan (the “2013 Omnibus Plan”) providing for the issuance of up to 11,300,000 shares of the Company's common stock which will be reserved for issuance under (1) equity awards granted as a result of the conversion of unvested PIUs into restricted common stock of the Company, (2) stock options and other equity awards granted in connection with the completion of the IPO, and (3) awards granted by the Company under the 2013 Omnibus Plan following the completion of the IPO. Pursuant to the 2013 Omnibus Plan, certain officers, employees, managers, directors and other persons are eligible to receive grants of nonqualified stock options, as permitted by applicable law.

On March 27, 2013, in connection with the IPO, the Company granted 2,310,000 options under the 2013 Omnibus Plan. The options vest in full at the end of three years. Additionally, 82,460 non-vested shares were issued which also vest in full at the end of three years.

The following table summarizes the equity option transactions under the 2013 Omnibus Plan:

		Number of Units	Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		—	$	—	0.00	—
	Granted	2,310,000	4.63
	Exercised	—	—
	Forfeitures	—	—
Outstanding, March 31, 2013		2,310,000	$	4.63	10.00	$	5,105
Exercisable, March 31, 2013		—	$	—	0.00	$	—

The following table summarizes the changes in non-vested shares.

		Number of Units	Weighted Average Fair Value at Grant Date		Aggregate Intrinsic Value (000's)
Non-vested shares at December 30, 2012		—	$	—	$	—
	Converted PIUs	1,546,355	20.00
	Granted	82,460	20.00
	Exercised	—	—
	Forfeitures	—	—
Non-vested shares at March 31, 2013		1,628,815	$	20.00	$	36,176

13

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Other Comprehensive Earnings

The following table presents amounts reclassified out of Accumulated Other Comprehensive Loss ("AOCL") and into Net earnings for the three months ended March 31, 2013.

Gain/(Loss)	Amounts Reclassified from AOCL
	Three months ended
Details about Accumulated Other Comprehensive Income Components	March 31, 2013				Reclassified from AOCL to:
Gains and losses on financial instrument contracts
Interest Rate Contracts	$	(854	)		Interest expense
Foreign Exchange Contracts	192				Cost of products sold
Total before tax	(662		)
Tax expense	340				Provision for income taxes
Net of tax	(322		)
Pension actuarial assumption adjustments
Amortization of actuarial loss	(456		)	(a)	Cost of products sold
Tax expense	176				Provision for income taxes
Net of tax	(280		)
Net reclassifications into net earnings	$	(602	)

(a) This is included in the computation of net periodic pension cost (see note 10 for additional details).

Earnings Per Share

Basic earnings (loss) per common share is computed by dividing net earnings or loss for common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share are calculated by dividing net earnings by weighted-average common shares outstanding during the period plus dilutive potential common shares, which are determined as follows:

	March 31, 2013	March 25, 2012
Weighted-average common shares	81,263,994	81,267,136
Effect of dilutive securities:
Warrants	4,907,645	5,192,974
Options to purchase common stock	96,583	32,038
Dilutive potential common shares	86,268,222	86,492,148

Dilutive potential common shares are calculated in accordance with the treasury stock method, which assumes that proceeds from the exercise of all warrants and options are used to repurchase common stock at market value. The amount of shares remaining after the proceeds are exhausted represents the potentially dilutive effect of the securities.

Prior to the Company's IPO, a warrant agreement was in place, whereby Peak Holdings could acquire up to an additional 5,192,974 shares (subject to adjustment). In connection with the IPO, 2,618,307 additional shares were issued through the exercise of the warrant agreement. Immediately thereafter, the warrant agreement was terminated.

In the three months ended March 31, 2013, 2,310,000 options to purchase common stock and 1,628,761 non-vested shares were not included in the computation of diluted net earnings per share as their effect would have been antidilutive.

14

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

6. Balance Sheet Information

Accounts Receivable. Customer accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for cash discounts, returns and bad debts is the Company's best estimate of the amount of uncollectible amounts in its existing accounts receivable. The Company determines the allowance based on historical discounts taken and write-off experience. The Company reviews its allowance for doubtful accounts quarterly. Account balances are charged off against the allowance when the Company concludes it is probable the receivable will not be recovered. The Company does not have any off-balance sheet credit exposure related to its customers. Accounts receivable are as follows:

	March 31, 2013			December 30, 2012
Customers	$	168,399		$	137,950
Allowances for cash discounts, bad debts and returns	(5,768		)	(5,149		)
Subtotal	162,631			132,801
Other receivables	5,820			11,083
Total	$	168,451		$	143,884

Inventories. Inventories are as follows:

	March 31, 2013		December 30, 2012
Raw materials, containers and supplies	$	68,371	$	50,919
Finished product	257,755		307,132
Total	$	326,126	$	358,051

The Company has various purchase commitments for raw materials, containers, supplies and certain finished products incident to the ordinary course of business. Such commitments are not at prices in excess of current market.

Other Current Assets. Other Current Assets are as follows:

	March 31, 2013		December 30, 2012
Prepaid expenses	$	12,010	$	5,954
Prepaid income taxes	200		578
Assets held for sale	$	4,256	$	5,330
Total	$	16,466	$	11,862

Assets held for sale include our closed plants in Tacoma, Washington and Millsboro, Delaware. Our Fulton, New York location, which was previously held for sale was sold in January 2013.

15

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Plant Assets. Plant assets are as follows:

	March 31, 2013			December 30, 2012
Land	$	14,061		$	14,061
Buildings	181,118			178,300
Machinery and equipment	524,619			513,339
Projects in progress	40,398			32,660
Subtotal	760,196			738,360
Accumulated depreciation	(259,018		)	(244,694		)
Total	$	501,178		$	493,666

Depreciation was $15,398 and $16,606 during the three months ended March 31, 2013 and March 25, 2012, respectively. As of March 31, 2013 and December 30, 2012, Plant Assets included assets under capital lease with a book value of $21,337 and $22,030 (net of accumulated depreciation of $8,997 and $8,246), respectively.

Accrued Liabilities. Accrued liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	62,827	$	53,373
Interest payable	30,617		28,116
Consumer coupons	5,284		3,346
Accrued restructuring charges (see note 8)	9,209		10,480
Accrued financial instrument contracts (see note 11)	153		682
Other	22,039		23,272
Total	$	130,129	$	119,269

Other Long-Term Liabilities. Other long-term liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	9,009	$	9,340
Long-term rent liability and deferred rent allowances	10,017		10,217
Liability for uncertain tax positions	1,616		1,614
Accrued financial instrument contracts (see note 11)	3,074		3,807
Other	3,644		3,727
Total	$	27,360	$	28,705

16

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

7. Goodwill, Tradenames and Other Assets

Goodwill

Goodwill by segment is as follows:

	Birds Eye Frozen		Duncan Hines Grocery		Specialty Foods		Total
Balance, December 30, 2012	$	527,069	$	740,465	$	173,961	$	1,441,495
Balance, March 31, 2013	$	527,069	$	740,465	$	173,961	$	1,441,495

The authoritative guidance for business combinations requires that all business combinations be accounted for at fair value under the acquisition method of accounting. The authoritative guidance for goodwill provides that goodwill will not be amortized, but will be tested for impairment on an annual basis or more often when events indicate. The Company completed its annual testing as of December 30, 2012, which indicated no impairment.

Tradenames

Tradenames by segment are as follows:

	Birds Eye		Duncan Hines		Specialty
	Frozen		Grocery		Foods		Total
Balance, December 30, 2012	$	796,680	$	771,312	$	36,000	$	1,603,992
Balance, March 31, 2013	$	796,680	$	771,312	$	36,000	$	1,603,992

The authoritative guidance for indefinite-lived assets provides that indefinite-lived assets will not be amortized, but will be tested for impairment on an annual basis or more often when events indicate. As a result of its annual testing of indefinite-lived assets in December 2012, the Company recorded impairment charges totaling $0.5 million in its Bernstein's tradename during the year ended December 30, 2012.

17

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Other Assets

	March 31, 2013
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(31,685	)	$	21,125
Customer relationships - Distributors	36	125,746		(30,166		)	95,580
Customer relationships - Food Service	7	36,143		(32,734		)	3,409
Customer relationships - Private Label	7	9,214		(8,670		)	544
License	7	4,875		(2,438		)	2,437
Total amortizable intangibles		$	228,788	$	(105,693	)	$	123,095
Deferred financing costs		59,486		(37,019		)	22,467
Other (1)		4,637		—			4,637
Total other assets, net							$	150,199
	Amortizable intangibles by segment
	Birds Eye Frozen						$	68,015
	Duncan Hines Grocery						47,549
	Specialty Foods						7,531
							$	123,095

	December 30, 2012
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(30,365	)	$	22,445
Customer relationships - Distributors	36	125,746		(28,791		)	96,955
Customer relationships - Food Service	7	36,143		(31,882		)	4,261
Customer relationships - Private Label	7	9,214		(8,533		)	681
License	7	4,875		(2,250		)	2,625
Total amortizable intangibles		$	228,788	$	(101,821	)	$	126,967
Deferred financing costs		59,486		(35,306		)	24,180
Other (1)		4,411		—			4,411
Total other assets, net							$	155,558
	Amortizable intangibles by segment
	Birds Eye Frozen						$	69,581
	Duncan Hines Grocery						48,806
	Specialty Foods						8,580
							$	126,967

(1) As of March 31, 2013 and December 30, 2012, Other primarily consists of security deposits.

18

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Amortization of intangible assets was $3,872 and $3,882 for the three months ended March 31, 2013 and March 25, 2012, respectively. Estimated amortization expense for each of the next five years and thereafter is as follows: remainder of 2013 -$11,600 ; 2014 - $12,200; 2015 - $10,900; 2016 - $10,300; 2017 - $5,700 and thereafter - $72,400.

Deferred Financing Costs

All deferred financing costs, which relate to the Senior Secured Credit Facility, Senior Subordinated Notes and Senior Notes are amortized into interest expense over the life of the related debt using the effective interest method. Amortization of deferred financing costs was $1,713 and $2,559 during the three months ended March 31, 2013 and March 25, 2012, respectively.

The following summarizes deferred financing cost activity:

	Gross Carrying Amount		Accumulated Amortization			Net
Balance, December 30, 2012	$	59,486	$	(35,306	)	$	24,180
2013 - Additions	—		—			—
- Amortization	—		(1,713		)	(1,713		)
Balance, March 31, 2013	$	59,486	$	(37,019	)	$	22,467

19

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

8. Restructuring Charges

Pickle supply chain improvements

On May 25, 2012, the Company announced plans to further improve the efficiency of its supply chain by consolidating its Vlasic pickle production into one plant in Imlay City, Michigan. The Company's decision to focus on its branded Vlasic business and de-emphasize its lower-margin, un-branded pickle business was the catalyst for this consolidation. The Company's pickle production plant, located in Millsboro, Delaware ended production at year-end 2012. The Company recorded termination costs in the second quarter of 2012 and expects all severance payments to be primarily completed by the second quarter of 2013. As a result of exiting the lower-margin un-branded pickle business, the Company terminated the use of a third party ingredients storage facility in the third quarter of 2012. In doing so, the Company recorded contract termination fees that are expected to be paid in the second quarter of 2013.

Green Bay, Wisconsin Research Facility

On May 15, 2012, the Company announced plans to relocate the Birds Eye Frozen Division Research and Development team from Green Bay, Wisconsin to its new facility at its Parsippany, New Jersey headquarters. The Company believes that the relocation will allow for seamless collaboration between marketing, sales, procurement and R&D that will drive superior brand innovation, marketing and productivity. The Company closed its Green Bay, Wisconsin research facility in December 2012. The Company recorded termination costs in the fourth quarter of 2012 and expects severance payments to be primarily completed in the third quarter of 2013.

Fulton, NY Plant

On April 15, 2011, the Company announced plans to consolidate the Birds Eye Frozen segment's Fulton, NY plant operations into its Darien, WI and Waseca, MN facilities in order to locate vegetable processing closer to the crop-growing region and thus reduce the related freight costs. In connection with this project, the Company made significant capital investments in its Darien, WI and Waseca, MN plants. The Company recorded accelerated depreciation costs of $1,845 in the three months ended March 25, 2012. All restructuring charges related to the closure of the Fulton, NY plant were recorded in the Birds Eye Frozen segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the second quarter of 2011 and payments were substantially completed in the third quarter of 2012. On January 9, 2013, the sale of the Fulton location was finalized for total proceeds of $874.

Tacoma, WA Plant

On December 3, 2010, in an effort to improve its supply chain operations, the Company announced the closure of the Tacoma, WA plant and the consolidation of production into its Fort Madison, IA plant. The Company recorded accelerated depreciation costs of $307 in the three months ended March 25, 2012. All restructuring charges related to the closure of the Tacoma, WA plant were recorded in the Duncan Hines Grocery segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the fourth quarter of 2010 and payments were substantially completed in the second quarter of 2012.

The following table summarizes total restructuring charges accrued as of March 31, 2013.

Description	Balance, December 30, 2012		Expense		Payments			Balance, March 31, 2013
Facility shutdowns	$	2,796	$	—	$	(147	)	$	2,649
Contract termination and other fees	5,833		—		—			5,833
Employee severance	1,851		—		(1,124		)	727
Total	$	10,480	$	—	$	(1,271	)	$	9,209

20

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

9. Debt and Interest Expense

	March 31, 2013			December 30, 2012
Short-term borrowings
- Notes payable	$	1,831		$	2,139
Total short-term borrowings	$	1,831		$	2,139
Long-term debt
- Senior Secured Credit Facility - Tranche B Non Extended Term Loans due 2014	$	240,139		$	243,264
- Senior Secured Credit Facility - Tranche B Extended Term Loans due 2016	634,700			637,906
- Senior Secured Credit Facility - Tranche E Term Loans due 2018	396,000			398,000
- Senior Secured Credit Facility - Tranche F Term Loans due 2018	446,625			448,875
- 9.25% Senior Notes due 2015	465,000			465,000
- 8.25% Senior Notes due 2017	400,000			400,000
- Unamortized discount on long term debt	(6,915		)	(7,230		)
- Capital lease obligations	25,108			20,990
	2,600,657			2,606,805
Less: current portion of long-term obligations	14,832			30,419
Total long-term debt	$	2,585,825		$	2,576,386

Interest expense	Three months ended
	March 31, 2013		March 25, 2012
Interest expense, third party	$	37,520	$	41,230
Related party interest expense (Note 13)	579		1,331
Amortization of debt acquisition costs (Note 7)	1,713		2,559
Amortization of deferred mark-to-market adjustment on terminated swaps (Note 11)	—		413
Interest rate swap losses (Note 11)	844		4,079
Total interest expense	$	40,656	$	49,612

Please refer to Note 18 of the Consolidated Financial Statements "Subsequent Events" which describes the refinancing of all remaining borrowings under the Senior Secured Credit Facility and the redemption of the 8.25% and 9.25% Senior Notes in April/May 2013.

Senior Secured Credit Facility

On August 30, 2012, Pinnacle Finance entered into the first amendment to the amended and restated Senior Secured Credit Facility (as amended, the “Senior Secured Credit Facility”), which provided for term loans in the amount of $450.0 million (the “Tranche F Term Loans”). Pinnacle Finance used proceeds from the Tranche F Term Loans to pay off $300.0 million of the aggregate principal amount of Tranche B Non Extended Term Loans.

On September 20, 2012 Pinnacle Finance redeemed $150.0 million aggregate principal amount of its 9.25% Senior Notes due 2015 using the remaining proceeds from the Tranche F Term Loans along with available cash. This is explained in greater detail under the section titled, “Senior Notes and Senior Subordinated Notes.”

In connection with the refinancing, Pinnacle Finance incurred deferred financing fees which are detailed in Note 7 to the Consolidated Financial Statements, “Goodwill, Tradenames and Other Assets”. Also, Pinnacle Finance incurred $3.4 million of original issue discount on the new Tranche F Term Loans.

21

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The stated maturity date of the Tranche F Term Loans is October 17, 2018. However, the maturity date would be accelerated as follows:

• if more than $150.0 million of the 9.25% Senior Notes are outstanding on December 31, 2014, then the maturity date of the Tranche F Term Loans would be December 31, 2014; or

• if more than $150.0 million of the 8.25% Senior Notes are outstanding on June 2, 2017, then the maturity date of the Tranche F Term Loans would be June 2, 2017.

On April 17, 2012, Pinnacle Finance entered into an amendment and restatement of the Senior Secured Credit Facility. The Senior Secured Credit Facility provides for (i) an extension of the maturity date of a portion of the existing term loan B facility (the “Tranche B Extended Term Loans”) in the initial amount of $641.1 million, while a portion of the existing term loan B facility (the "Tranche B Non Extended Term Loans") in the initial amount of $550.0 million retained their original terms, (ii) the issuance of a new term loan E facility (the “Tranche E Term Loans”) in the initial amount of $400.0 million, and (iii) the replacement of the existing revolving credit facility with a new $150.0 million revolving credit facility (the “Revolving Credit Facility”). Pinnacle Finance used proceeds from the Tranche E Term Loans to pay off all of its outstanding balance of $313.2 million aggregate principal amount of Tranche D Term Loans.

On April 19, 2012, Pinnacle Finance redeemed all $199.0 million aggregate principal amount of its outstanding 10.625% Senior Subordinated Notes using proceeds from the Tranche E Term Loans along with available cash. This is explained in greater detail under the section titled, "Senior Notes and Senior Subordinated Notes."

In connection with the refinancing, Pinnacle Finance incurred deferred financing fees which are detailed in Note 6 to the Consolidated Financial Statements, "Goodwill, Tradenames and Other Assets". Also, Pinnacle Finance incurred $4.0 million of original issue discount on its new Tranche E Term Loans.

The stated maturity dates are: April 2, 2014 for the Tranche B Non Extended Term Loans, October 2, 2016 for the Tranche B Extended Term Loans, October 17, 2018 for the Tranche E Term Loans, and April 17, 2017 for the Revolving Credit Facility.

However, the maturity dates would be accelerated as follows:

• if more than $150.0 million of the Tranche B Non Extended Term Loans are outstanding on January 3, 2014, the Revolving Credit Facility would expire January 3, 2014;

• if more than $150.0 million of the 9.25% Senior Notes are outstanding on December 31, 2014, then the maturity dates of the Tranche B Extended Term Loans, the Tranche E Term Loans and the Revolving Credit Facility would be December 31, 2014;

• if more than $150.0 million of the Tranche B Extended Term Loans are outstanding on July 3, 2016, the Revolving Credit Facility would expire on (x) July 3, 2016 or (y) December 31, 2014, if more than $150 million of the 9.25% Senior Notes are outstanding on December 31, 2014; or

• if more than $150.0 million of the 8.25% Senior Notes are outstanding on June 2, 2017, then the maturity date of the Tranche E Term Loans and the Revolving Credit Facility would be June 2, 2017.

There were no borrowings outstanding under the Revolving Credit Facility as of March 31, 2013 and December 30, 2012.

The total combined amount of the Senior Secured Credit Facility Loans that were owed to affiliates of Blackstone as of March 31, 2013 and December 30, 2012, was $62,754 and $63,097, respectively.

Pinnacle Finance's borrowings under the Senior Secured Credit Facility, bear interest at a floating rate and are maintained as base rate loans or as eurocurrency rate loans. Base rate loans bear interest at the base rate plus the applicable base rate margin, as described in the Senior Secured Credit Facility. The base rate is defined as the highest of (i) the administrative agent's prime rate, (ii) the federal funds effective rate plus 1/2 of 1% and (iii) the eurocurrency rate that would be payable on such day for a

22

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

eurocurrency rate loan with a one-month interest period plus 1%. Eurocurrency rate loans bear interest at the adjusted eurocurrency rate plus the applicable eurocurrency rate margin, as described in the Senior Secured Credit Facility. The eurocurrency rate is determined by reference to the BBA LIBOR rate for the interest period relevant to such borrowing. With respect to Tranche E Term Loans and Tranche F Term Loans, the eurocurrency rate shall be no less than 1.25% per annum and the base rate shall be no less than 2.25%  per annum.

The applicable margins with respect to the Pinnacle Finance’s Senior Secured Credit Facility vary from time to time in accordance with the terms thereof and agreed upon pricing grids based on the total leverage ratio. In addition, the Tranche E Term Loans and Tranche F Term Loans were subject to one 25 basis point step down in applicable margin upon consummation of the IPO. The applicable margins with respect to the Senior Secured Credit Facility as of March 31, 2013 were:

Applicable Margin (per annum)

Revolving Credit Facility and Letters of Credit			Tranche B Non Extended Term Loans		Tranche B Extended Term Loans
Eurocurrency Rate	Base Rate	Commitment Fees Rate	Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
3.50%	2.50%	0.50%	2.50%	1.50%	3.50%	2.50%
			Tranche E Term Loans		Tranche F Term Loans
			Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
			3.50%	2.50%	3.50%	2.50%

The obligations under the Senior Secured Credit Facility are unconditionally and irrevocably guaranteed by Peak Finance Holdings LLC, any subsidiary of Peak Finance Holdings LLC that directly or indirectly owns 100% of the issued and outstanding equity interests of Pinnacle Finance, subject to certain exceptions, each of Pinnacle Finance’s direct or indirect material domestic subsidiaries (collectively, the “Guarantors”) and by the Company effective with the April 2013 refinancing. In addition, subject to certain exceptions, the Senior Secured Credit Facility is collateralized by first priority or equivalent security interests in (i) all the capital stock of, or other equity interests in, each direct or indirect domestic subsidiary of Pinnacle Finance and 65% of the capital stock of, or other equity interests in, each direct foreign subsidiary of Pinnacle Finance, or any of its material domestic wholly-owned subsidiaries and (ii) certain tangible and intangible assets of Pinnacle Finance and those of the Guarantors (subject to certain exceptions and qualifications).

As of March 31, 2013 and December 30, 2012 there were no borrowings outstanding for the Revolving Credit Facility, except in respect of letters of credit as set forth below, however, the eurocurrency rate would have been 3.70% and 3.71%. For the three months ended March 31, 2013 and March 25, 2012, the weighted average interest rate on the term loan components of the Senior Secured Credit Facility was 4.08% and 3.50%, respectively. As of March 31, 2013 and December 30, 2012 the eurocurrency interest rate on the term loan facilities was 4.08% and 4.08%, respectively.

Pinnacle Finance pays a fee for all outstanding letters of credit drawn against the Revolving Credit Facility at an annual rate equivalent to the applicable eurocurrency rate margin then in effect under the Revolving Credit Facility, less the fronting fee payable in respect of the applicable letter of credit. The fronting fee is equal to 0.125% per annum of the daily maximum amount then available to be drawn under such letter of credit. The fronting fees are computed on a quarterly basis in arrears. Total letters of credit issued under the Revolving Credit Facility cannot exceed $50,000. As of March 31, 2013 and December 30, 2012, Pinnacle Finance had utilized $32,974 and $33,453, respectively of the Revolving Credit Facility for letters of credit. As of March 31, 2013 and December 30, 2012, there were no borrowings under the Revolving Credit Facility except in respect of letters of credit set forth below. As of March 31, 2013 and December 30, 2012, respectively, there was $117,026 and $116,547 of borrowing capacity under the Revolving Credit Facility, of which $17,026 and $16,547 was available to be used for letters of credit.

23

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Under the terms of the Senior Secured Credit Facility, Pinnacle Finance is required to use 50% of its “Excess Cash Flow” to prepay the term loans under the Senior Secured Credit Facility (which percentage will be reduced to 25% at a total leverage ratio of 4.50 to 5.49 and to 0% at a total leverage ratio below 4.50). Excess Cash Flow is defined as consolidated net income (as defined), as adjusted for certain items, including (1) all non-cash charges and credits included in arriving at consolidated net income, (2) changes in working capital, (3) capital expenditures (to the extent they were not financed with debt), (4) the aggregate amount of principal payments on indebtedness and (5) certain other items defined in the Senior Secured Credit Facility. For the 2012 reporting year Pinnacle Finance determined that there are no amounts due under the Excess Cash Flow requirements of the Senior Secured Credit Facility. In December 2013, Pinnacle Finance will determine if amounts are due under the Excess Cash Flow requirements of the Senior Secured Credit Facility for the 2013 reporting year.

The term loans under the Senior Secured Credit Facility mature in quarterly installments of 0.25% of their aggregate funded total principal amount. The aggregate maturities of the Tranche B Non Extended Term Loans outstanding as of March 31, 2013 are $240.2 million in 2014. The aggregate maturities of the Tranche B Extended Term Loans outstanding as of March 31, 2013 are $3.2 million in the remainder of 2013, $6.4 million in 2014, $6.4 million in 2015, and $618.7 million in 2016. The aggregate maturities of the Tranche E Term Loans outstanding as of March 31, 2013 are $2.0 million in the remainder of 2013, $4.0 million in 2014, $4.0 million in 2015, $4.0 million in 2016, $5.0 million in 2017 and $377.0 million thereafter. The aggregate maturities of the Tranche F Term Loans outstanding as of March 31, 2013 are $2.2 million in the remainder of 2013, $4.5 million in 2014, $4.5 million in 2015, $4.5 million in 2016, $5.6 million in 2017 and $425.3 million thereafter.

Pursuant to the terms of the Senior Secured Credit Facility, Pinnacle Finance is required to maintain a ratio of Net First Lien Secured Debt to Adjusted EBITDA of no greater than 5.25 to 1.00. Net First Lien Secured Debt is defined as aggregate consolidated secured indebtedness, less the aggregate amount of all unrestricted cash and cash equivalents. In addition, under the Senior Secured Credit Facility and the indentures governing the Senior Notes, Pinnacle Finance's ability to engage in activities such as incurring additional indebtedness, making investments and paying dividends is tied to the Senior Secured Leverage Ratio (which is currently the same as the ratio of Net First Lien Secured Debt to Adjusted EBITDA above), in the case of the Senior Secured Credit Facility, or to the ratio of Adjusted EBITDA to fixed charges for the most recently concluded four consecutive fiscal quarters, in the case of the Senior Notes. The Senior Secured Credit Facility also permits restricted payments up to an aggregate amount of (together with certain other amounts) the greater of $50 million and 2% of Pinnacle Finance's consolidated total assets, so long as no default has occurred and is continuing and its pro forma Senior Secured Leverage Ratio would be no greater than 4.25 to 1.00. As of March 31, 2013 the Company is in compliance with all covenants and other obligations under the Senior Secured Credit Facility and the indentures governing the Senior Notes.

Senior Notes and Senior Subordinated Notes

On April 2, 2007, Pinnacle Finance issued in the initial aggregate principal amounts of $325.0 million of 9.25% Senior Notes (the “Senior Notes”) due 2015, and $250.0 million of 10.625% Senior Subordinated Notes (the “10.625% Senior Subordinated Notes”) due 2017. On December 23, 2009, as part of the Birds Eye Foods Acquisition, Pinnacle Finance issued an additional $300.0 million of 9.25% Senior Notes due 2015 (the “Additional Senior Notes”). The Senior Notes and the Additional Senior Notes are collectively referred to herein as the 9.25% Senior Notes. On August 17, 2010, Pinnacle Finance issued $400.0 million of 8.25% Senior Notes due 2017 (the “8.25% Senior Notes”).

The 9.25% Senior Notes and the 8.25% Senior Notes are general unsecured obligations of Pinnacle Finance, effectively subordinated in right of payment to all existing and future senior secured indebtedness of Pinnacle Finance and guaranteed on a full, unconditional, joint and several basis by Pinnacle Finance’s wholly-owned domestic subsidiaries that guarantee other indebtedness of Pinnacle Finance. See Note 17 to the Consolidated Financial Statements for Guarantor and Nonguarantor Financial Statements.

On April 19, 2012, Pinnacle Finance redeemed all $199.0 million aggregate principal amount of its outstanding 10.625% Senior Subordinated Notes at a redemption price equal to 105.313% of the aggregate principal amount plus accrued and unpaid interest to the redemption date. The total redemption price was approximately $210.6 million, including accrued interest of $1.0 million. The premium of $10.6 million was recorded in Other expense (income) during the second quarter of 2012. The redemption was effected in accordance with the indenture governing the Senior Subordinated Notes pursuant to a notice dated March 20, 2012. Pinnacle Finance funded the redemption price for the 10.625% Senior Subordinated Notes with the net proceeds of $82.8 million from the Tranche E Term Loans along with $127.8 million of available cash.

24

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

On September 20, 2012, Pinnacle Finance redeemed $150.0 million aggregate principal amount of its outstanding 9.25% Senior Notes at a redemption price equal to 102.313% of the aggregate principal amount plus accrued and unpaid interest to the redemption date. The total redemption price was approximately $160.0 million, including accrued interest of $6.5 million. The premium of $3.5 million was recorded in Other expense (income) during the third quarter. The redemption was effected in accordance with the indenture governing the 9.25% Senior Notes pursuant to a notice dated August 21, 2012. Pinnacle Finance funded the redemption price for the 9.25% Senior Notes fully with the net proceeds from the Tranche F Term Loans.

Pinnacle Finance may redeem some or all of the 8.25% Senior Notes at any time prior to September 1, 2013 at a price equal to 100% of the principal amount of notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest to, the redemption date, subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date. The “Applicable Premium” is defined as the greater of (1) 1.0% of the principal amount of such note and (2) the excess, if any, of (a) the present value at such redemption date of (i) the redemption price of such 8.25% Senior Note at September 1, 2013, plus (ii) all required interest payments due on such 8.25% Senior Note through September 1, 2013 (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the treasury rate plus 50 basis points over (b) the principal amount of such note.

Pinnacle Finance currently may redeem the 8.25% Senior Notes at the redemption prices listed below, if redeemed during the twelve-month period beginning on September 1^st of each of the years indicated below:

8.25% Senior Notes
Year	Percentage
2013	106.188%
2014	104.125%
2015	102.063%
2016 and thereafter	100.000%

In addition, until September 1, 2013, Pinnacle Finance may redeem up to 35% of the aggregate principal amount of the 8.25% Senior Notes at a redemption price equal to 108.25% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, to the redemption date, subject to the right of holders of the 8.25% Senior Notes of record on the relevant record date to receive interest due on the relevant interest payment date, with the net cash proceeds received by Pinnacle Finance from one or more equity offerings; provided that (i) at least 50% of the aggregate principal amount of the 8.25% Senior Notes originally issued under the indenture remains outstanding immediately after the occurrence of each such redemption and (ii) each such redemption occurs within 90 days of the date of closing of each such equity offering.

As market conditions warrant, Pinnacle Finance and its subsidiaries, affiliates or significant equity holders (including Blackstone and its affiliates) may from time to time, in its or their sole discretion, purchase, repay, redeem or retire any of Pinnacle Finance’s outstanding debt or equity securities (including any publicly issued debt or equity securities), in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

25

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The estimated fair value of the Company’s long-term debt, including the current portion, as of March 31, 2013, is as follows:

	March 31, 2013
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	$	240,139	$	240,739
Senior Secured Credit Facility - Tranche B Extended Term Loans	634,700		639,460
Senior Secured Credit Facility - Tranche E Term Loans	396,000		399,960
Senior Secured Credit Facility - Tranche F Term Loans	446,625		451,091
9.25% Senior Notes	465,000		465,581
8.25% Senior Notes	400,000		430,000
	$	2,582,464	$	2,626,831

The estimated fair value of the Company’s long-term debt, including the current portion, as of December 30, 2012, is as follows:

	December 30, 2012
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	243,264		244,480
Senior Secured Credit Facility - Tranche B Extended Term Loans	637,906		641,095
Senior Secured Credit Facility - Tranche E Term Loans	398,000		400,985
Senior Secured Credit Facility - Tranche F Term Loans	448,875		452,242
9.25% Senior Notes	465,000		471,975
8.25% Senior Notes	400,000		427,000
	$	2,593,045	$	2,637,777

The estimated fair values of the Company's long-term debt are classified as Level 2 in the fair value hierarchy. The fair value is based on the quoted market price for such notes and borrowing rates currently available to the Company for loans with similar terms and maturities.

26

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

10. Pension and Retirement Plans

The Company accounts for pension and retirement plans in accordance with the authoritative guidance for retirement benefit compensation. This guidance requires recognition of the funded status of a benefit plan in the statement of financial position. The guidance also requires recognition in accumulated other comprehensive earnings of certain gains and losses that arise during the period but are deferred under pension accounting rules.

The Company uses a measurement date for the pension benefit plans that coincides with its year end.

The Company has two defined benefit plans (Pinnacle Foods Pension Plan and the Birds Eye Foods Pension Plan, both of which are frozen for future benefit accruals as of December 30, 2012), two qualified 401(k) plans, two non-qualified 40l(k) plans and participates in a multi-employer defined benefit plan.

Pinnacle Foods Pension Plan

The Company maintains a non-contributory defined benefit pension plan (the “Pinnacle Foods Pension Plan”) that covers eligible union employees and provides benefits generally based on years of service and employees’ compensation. The Pinnacle Foods Pension Plan is funded in conformity with the funding requirements of applicable government regulations. Plan assets consist principally of cash equivalents, equity and fixed income common collective trusts. Plan assets do not include any of the Company’s own equity or debt securities.

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Pinnacle Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	277
Interest cost	1,021			1,028
Expected return on assets	(1,125		)	(1,089		)
Amortization of:
prior service cost	—			10
actuarial loss	246			447
Net periodic cost	$	142		$	673

Cash Flows

Contributions. Due to changes in Federal laws passed in July 2012  governing pension funding requirements, our required payments for pension funding are lower in fiscal 2013 than they were in fiscal 2012. In fiscal 2013, the Company expects to make contributions of $2.7 million to the Pinnacle Foods Pension Plan, of which a minimum required payment of $0.1 million was made in the three months ended March 31, 2013. The Company made contributions to the pension plan totaling $4.1 million in fiscal 2012, of which $0.9 million was made in the three months ended March 25, 2012.

Birds Eye Foods Pension Plan

The Company’s Birds Eye Foods Pension Plan (the “Birds Eye Foods Pension Plan”) consists of hourly and salaried employees and has primarily non-contributory defined-benefit schedules. Benefits for the salaried employees have been frozen since the plan was acquired.

The Company acquired an Excess Benefit Retirement Plan from Birds Eye Foods ("EBRP"), which serves to provide employees with the same retirement benefit they would have received from Birds Eye’s retirement plan under the career average base pay formula. Benefits for this plan are frozen. Also, the Company maintains a non-qualified Supplemental Executive Retirement Plan (“SERP”) which provides additional retirement benefits to two prior executives of Birds Eye Foods who retired prior to November 4, 1994. Expenses and liabilities for the EBRP and the SERP plan are grouped with those of the Birds Eye Pension Plan in all disclosures listed herein.

27

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The benefits for these plans are based primarily on years of service and employees’ pay near retirement. The Company’s funding policy is consistent with the funding requirements of Federal laws and regulations. Plan assets consist principally of cash equivalents, equity and fixed income common collective trusts. Plan assets do not include any of the Company’s own equity or debt securities.

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Birds Eye Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	52
Interest cost	1,818			1,928
Expected return on assets	(2,249		)	(2,086		)
Amortization of actuarial loss	210			87
Net periodic (benefit) cost	$	(221	)	$	(19	)

Cash Flows

Contributions. Due to changes in Federal laws passed in July 2012  governing pension funding requirements, our required payments for pension funding are lower in fiscal 2013 than they were in fiscal 2012. In fiscal 2013, the Company expects to make contributions of $5.2 million to the Birds Eye Foods Pension Plan, of which a minimum required payment of $0.2 million was made in the three months ended March 31, 2013. The Company made contributions to the pension plan totaling $8.4 million in fiscal 2012, of which $1.8 million was made in the three months ended March 25, 2012.

Multi-employer Plans

Pinnacle contributes to the United Food and Commercial Workers International Union Industry Pension Fund (EIN 51-6055922) (the "UFCW Plan") under the terms of the collective-bargaining agreement with its Fort Madison employees. In September 2012, the collective bargaining agreement expired for 450 of our union employees in Fort Madison, Iowa. On February 14, 2013, a new four year collective bargaining agreement, effective through September 2016, was ratified by our Fort Madison union employees.

For the three months ended March 31, 2013 and March 25, 2012, contributions to the UFCW Plan were $189 and $184, respectively. The contributions to this plan are paid monthly based upon the number of employees. They represent less than 5% of the total contributions received by this plan during the most recent plan year.

The risks of participating in multi-employer plans are different from single-employer plans in the following aspects: (a) assets contributed to a multi-employer plan by one employer may be used to provide benefits to employees of other participating employers, (b) if a participating employer stops contributing to the multi-employer plan, the unfunded obligations of the plan may be borne by the remaining participating employers and (c) if the Company chooses to stop participating in the plan, the Company may be required to pay a withdrawal liability based on the underfunded status of the plan.

The UFCW Plan received a Pension Protection Act “green” zone status for the plan year ending June 30, 2012. The zone status is based on information the Company received from the plan and is certified by the plan's actuary. Among other factors, plans in the green zone are at least 80 percent funded. The UFCW Plan did not utilize any extended amortization provisions that effect its placement in the "green" zone. The UFCW Plan has never been required to implement a funding improvement plan nor is one pending at this time.

28

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

11. Financial Instruments

Risk Management Objective of Using Derivatives

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates, foreign exchange rates or commodity prices.

The Company manages interest rate risk based on the varying circumstances of anticipated borrowings and existing variable and fixed rate debt, including the Company’s revolving credit facility. Examples of interest rate management strategies include capping interest rates using targeted interest cost benchmarks, hedging portions of the total amount of debt, or hedging a period of months and not always hedging to maturity, and at other times locking in rates to fix interests costs.

Certain parts of the Company’s foreign operations in Canada expose the Company to fluctuations in foreign exchange rates. The Company’s goal is to reduce its exposure to such foreign exchange risks on its foreign currency cash flows and fair value fluctuations on recognized foreign currency denominated assets, liabilities and unrecognized firm commitments to acceptable levels primarily through the use of foreign exchange-related derivative financial instruments. The Company enters into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of its functional currency. The Company does not enter into these transactions for non-hedging purposes.

The Company purchases raw materials in quantities expected to be used in a reasonable period of time in the normal course of business. The Company generally enters into agreements for either spot market delivery or forward delivery. The prices paid in the forward delivery contracts are generally fixed, but may also be variable within a capped or collared price range. Forward derivative contracts on certain commodities are entered into to manage the price risk associated with forecasted purchases of materials used in the Company’s manufacturing process.

Cash Flow Hedges of Interest Rate Risk

The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. During the three months ended March 31, 2013 and March 25, 2012, such derivatives were used to hedge the variable cash flows associated with existing variable-rate debt.

As of March 31, 2013, the Company had the following interest rate swaps that were designated as cash flow hedges of interest rate risk:

Product	Number of Instruments	Notional Amount		Fixed Rate Range		Index	Trade Dates	Maturity Dates
Interest Rate Swaps	2	$	900,000	0.58	%	USD-LIBOR-BBA	Aug 2011	Apr 2014

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in Accumulated other comprehensive loss (“AOCL”) in the Consolidated Balance Sheets and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts reported in AOCL related to derivatives will be reclassified to Interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates that an additional $2,778 will be reclassified as an increase to Interest expense.

29

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Cash Flow Hedges of Foreign Exchange Risk

The Company’s operations in Canada expose the Company to changes in the U.S. Dollar – Canadian Dollar ("USD-CAD") foreign exchange rate. From time to time, the Company’s Canadian subsidiary purchases inventory denominated in U.S. Dollars ("USD"), a currency other than its functional currency. The subsidiary sells that inventory in Canadian dollars. The subsidiary uses currency forward and collar agreements to manage its exposure to fluctuations in the USD-CAD exchange rate. Currency forward agreements involve fixing the USD-CAD exchange rate for delivery of a specified amount of foreign currency on a specified date. Currency collar agreements involve the sale of Canadian Dollar ("CAD") currency in exchange for receiving U.S. dollars if exchange rates rise above an agreed upon rate and purchase of USD currency in exchange for paying CAD currency if exchange rates fall below an agreed upon rate at specified dates.

As of March 31, 2013, the Company had the following foreign currency exchange contracts (in aggregate) that were designated as cash flow hedges of foreign exchange risk:

Product	Number of Instruments	Notional Sold in Aggregate in ("CAD")		Notional Purchased in Aggregate in ("USD")		USD to CAD Exchange Rates	Trade Date	Maturity Dates
CAD Forward	10	$	38,850	$	39,318	0.984 - 0.993	Sep 2012	Apr 2013 - Dec 2013

The effective portion of changes in the fair value of derivatives designated that qualify as cash flow hedges of foreign exchange risk is recorded in AOCL in the Consolidated Balance Sheets and subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portions of the change in fair value of the derivative, as well as amounts excluded from the assessment of hedge effectiveness, are recognized directly in Cost of products sold in the Consolidated Statements of Operations.

Non-designated Hedges of Commodity Risk

Derivatives not designated as hedges are not speculative and are used to manage the Company’s exposure to commodity price risk but do not meet the authoritative guidance for hedge accounting. From time to time, the Company enters into commodity forward contracts to fix the price of natural gas, diesel fuel, corn, wheat and soybean oil purchases and other commodities at a future delivery date. Changes in the fair value of derivatives not designated in hedging relationships are recorded directly in Cost of products sold in the Consolidated Statements of Operations.

As of March 31, 2013, the Company had the following derivative instruments that were not designated in qualifying hedging relationships:

Commodity Contracts	Number of Instruments	Notional Amount	Price/Index	Trade Dates	Maturity Dates
Diesel Fuel Contracts	1	662,461 Gallons	$3.64 per Gallon	June 2012	June 2013
Corn Contracts	4	780,000 Bushels	$6.85 - $7.82 per Bushel	Sep 2012 - Mar 2013	Apr 2013

30

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification in the Consolidated Balance Sheets as of March 31, 2013 and December 30, 2012.

	Tabular Disclosure of Fair Values of Derivative Instruments
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value as of March 31, 2013		Balance Sheet Location	Fair Value as of March 31, 2013
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,074
Foreign Exchange Contracts	Other current assets	$	1,182
Total derivatives designated as hedging instruments		$	1,182		$	3,074
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	398	Accrued liabilities	$	153
Total derivatives not designated as hedging instruments		$	398		$	153
	Balance Sheet Location	Fair Value as of December 30, 2012		Balance Sheet Location	Fair Value as of December 30, 2012
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,807
Foreign Exchange Contracts	Other current assets	$	605
	Other assets, net	33
Total derivatives designated as hedging instruments		$	638		$	3,807
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	525	Accrued liabilities	$	682
Total derivatives not designated as hedging instruments		$	525		$	682

31

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

The table below presents the effect of the Company’s derivative financial instruments in the Consolidated Statements of Operations and Accumulated other comprehensive loss ("AOCL") for the three months ended March 31, 2013 and March 25, 2012.

Tabular Disclosure of the Effect of Derivative Instruments

Gain/(Loss)
Derivatives in Cash Flow Hedging Relationships	Recognized in AOCL on Derivative (Effective Portion)			Effective portion reclassified from AOCL to:	Reclassified from AOCL into Earnings (Effective Portion)			Ineffective portion recognized in Earnings in:	Recognized in Earnings on Derivative (Ineffective Portion)
Interest Rate Contracts	$	(132	)	Interest expense	$	(854	)	Interest expense	$	10
Foreign Exchange Contracts	736			Cost of products sold	192			Cost of products sold	—
Three months ended March 31, 2013	$	604			$	(662	)		$	10
Interest Rate Contracts	$	(3,383	)	Interest expense	$	(4,490	)	Interest expense	$	(1	)
Foreign Exchange Contracts	(926		)	Cost of products sold	32			Cost of products sold	(15		)
Three months ended March 25, 2012	$	(4,309	)		$	(4,458	)		$	(16	)
Derivatives Not Designated as Hedging Instruments				Recognized in Earnings in:	Recognized in Earnings on Derivative
Commodity Contracts				Cost of products sold	$	205
Three months ended March 31, 2013					$	205
Commodity Contracts				Cost of products sold	$	743
Three months ended March 25, 2012					$	743

32

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Credit risk-related Contingent Features

The Company has agreements with certain counterparties that contain a provision whereby the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company’s default on the indebtedness. As of March 31, 2013, the Company has not posted any collateral related to these agreements. If the Company had breached this provision at March 31, 2013, it could have been required to settle its obligations under the agreements at their termination value, which differs from the recorded fair value. The table below summarizes the aggregate fair values of those derivatives that contain credit risk-related contingent features as of March 31, 2013 and December 30, 2012.

March 31, 2013

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(1,691	)	$	22	$	(132	)	$	(1,537	)
	Commodity Contracts	245			—		—			245
Credit Suisse	Interest Rate Contracts	(1,691		)	22		(132		)	(1,537		)
	Foreign Exchange Contracts	1,182			—		—			1,182
Total		$	(1,955	)	$	44	$	(264	)	$	(1,647	)

December 30, 2012

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(2,063	)	$	31	$	(128	)	$	(1,904	)
	Commodity Contracts	(158		)	—		—			(158		)
Credit Suisse	Interest Rate Contracts	(2,063		)	32		(128		)	(1,903		)
	Foreign Exchange Contracts	636			3		—			639
Total		$	(3,648	)	$	66	$	(256	)	$	(3,326	)

33

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

12. Commitments and Contingencies

General

From time to time, the Company and its operations are parties to, or targets of, lawsuits, claims, investigations, and proceedings, which are being handled and defended in the ordinary course of business. Although the outcome of such items cannot be determined with certainty, the Company’s general counsel and management are of the opinion that the final outcome of these matters will not have a material effect on the Company’s financial condition, results of operations or cash flows.

Aunt Jemima Breakfast Recall

On January 27, 2012, the Company issued a voluntary recall for certain Aunt Jemima frozen pancakes due to potential cross contamination with soy protein which may cause an allergic reaction in people who have a soy allergy. The cost impact of this recall was $4.4 million, of which $1.1 million was recorded as an inventory write down in Cost of products sold in the Consolidated Statements of Operations in fiscal year 2011. For the three months ended March 25, 2012, costs pertaining to the recall, net of insurance recoveries, was $3.3 million. For the three months ended March 25, 2012, costs for the Aunt Jemima recall resulted in a $2.3 million reduction of Net Sales and $0.6 million, $0.2 million and $0.1 million charges to Marketing and selling expenses, Cost of products sold and Research and development expenses, respectively. Charges for the recall are reported in the Birds Eye Frozen segment.

13. Related Party Transactions

At the closing of its acquisition by Blackstone, the Company entered into an advisory agreement with an affiliate of Blackstone pursuant to which such entity or its affiliates provide certain strategic and structuring advice and assistance to the Company. In addition, under this agreement, affiliates of Blackstone provide certain monitoring, advisory and consulting services to the Company for an aggregate annual management fee equal to the greater of $2,500 or 1.0% of Covenant Compliance EBITDA (as defined in the credit agreement governing the Company’s Senior Secured Credit Facility). Affiliates of Blackstone also receive reimbursement for out-of-pocket expenses. Expenses relating to the management fee were $1,148 and $1,188 in the three months ended March 31, 2013 and March 25, 2012, respectively. There were no out-of-pocket expenses reimbursed to Blackstone in the three months ended March 31, 2013. The Company reimbursed Blackstone for out-of-pocket expenses totaling $123 in three months ended March 25, 2012. As of March 31, 2013, prepaid expenses for related party management fees were $3,345 and were recorded in the Other current assets line in the Consolidated Balance Sheets.

Subsequent to this quarter, on April 3, 2013, and in connection with the Company's IPO described in Note 1 of the Consolidated Financial Statements, "Summary of Business Activities", the advisory agreement was terminated with a fee paid of $15.1 million. Also, the Other current asset of $3,345 discussed above will be expensed in the second quarter.

Customer Purchases

Performance Food Group Company, which is controlled by affiliates of Blackstone, is a foodservice supplier that purchases products from the Company. Sales to Performance Food Group Company were $1,144 and $1,246 in the three months ended March 31, 2013 and March 25, 2012, respectively. As of March 31, 2013 and December 30, 2012, amounts due from Performance Food Group Company were $125 and $68, respectively, and were recorded on the Accounts receivable, net of allowances line in the Consolidated Balance Sheets.

Interest Expense

For the three months ended March 31, 2013 and March 25, 2012, fees and interest expense recognized in the Consolidated Statements of Operations for debt to affiliates of Blackstone Advisors L.P. totaled $579 and $1,331, respectively. As of March 31, 2013 and December 30, 2012, debt owed to related parties was $62,754 and $63,097, respectively and was recorded on the Long-term debt in the Consolidated Balance Sheets. As of March 31, 2013 and December 30, 2012, interest accrued on debt to related parties was $172 and $173, respectively, and was recorded on the Accrued liabilities line in the Consolidated Balance Sheets.

34

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

14. Segments

The Company is a leading producer, marketer and distributor of high quality, branded food products in North America. The Company manages the business in three operating segments: Birds Eye Frozen, Duncan Hines Grocery and Specialty Foods.

The Birds Eye Frozen Division manages its Leadership Brands in the United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), and frozen seafood (Van de Kamp's and Mrs. Paul's) categories, as well as its Foundation Brands in the frozen and refrigerated bagels (Lender's), frozen pizza for one (Celeste), full-calorie single-serve frozen dinners and entrées (Hungry-Man), and frozen breakfast (Aunt Jemima) categories.

The Duncan Hines Grocery Division manages its Leadership Brands in the baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), and table syrups (Mrs. Butterworth's and Log Cabin) categories, and its Foundation Brands in the canned meat (Armour, Nalley, Brooks), pie and pastry fillings (Comstock, Wilderness), barbecue sauces (Open Pit) and salad dressing (Bernstein's) categories as well as all Canadian operations. We refer to the sum of the Birds Eye Frozen segment and the Duncan Hines Grocery segment as the North American retail businesses.

The Specialty Foods Division consists of snack products (Tim's Cascade and Snyder of Berlin) and the foodservice and private label businesses.

Segment performance is evaluated by the Company’s Chief Operating Decision Maker and is based on earnings before interest and taxes. Transfers between segments and geographic areas are recorded at cost plus markup or at market. Identifiable assets are those assets, including goodwill, which are identified with the operations in each segment or geographic region. Corporate assets consist of prepaid and deferred tax assets. Unallocated corporate expenses consist of corporate overhead such as executive management and finance and legal functions.

35

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

	Three months ended
SEGMENT INFORMATION	March 31, 2013			March 25, 2012
Net sales
Birds Eye Frozen	$	292,451		$	290,540
Duncan Hines Grocery	227,208			222,001
Specialty Foods	93,322			104,384
Total	$	612,981		$	616,925
Earnings before interest and taxes
Birds Eye Frozen	$	48,926		$	37,230
Duncan Hines Grocery	29,432			26,294
Specialty Foods	8,186			6,876
Unallocated corporate expenses	(5,873		)	(5,230		)
Total	$	80,671		$	65,170
Depreciation and amortization
Birds Eye Frozen	$	9,288		$	10,167
Duncan Hines Grocery	5,827			6,324
Specialty Foods	4,155			3,999
Total	$	19,270		$	20,490
Capital expenditures*
Birds Eye Frozen	$	10,110		$	7,774
Duncan Hines Grocery	10,609			3,895
Specialty Foods	2,191			1,836
Total	$	22,910		$	13,505
GEOGRAPHIC INFORMATION
Net sales
United States	$	606,581		$	612,279
Canada	20,616			18,463
Intercompany	(14,216		)	(13,817		)
Total	$	612,981		$	616,925

 *Includes new capital leases.

SEGMENT INFORMATION	March 31, 2013		December 30, 2012
Total assets
Birds Eye Frozen	$	2,004,167	$	1,978,668
Duncan Hines Grocery	1,973,228		1,965,002
Specialty Foods	362,632		356,722
Corporate	100,365		99,596
Total	$	4,440,392	$	4,399,988
GEOGRAPHIC INFORMATION
Long-lived assets
United States	$	501,154	$	493,640
Canada	24		26
Total	$	501,178	$	493,666

36

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

15. Taxes on Earnings

The provision for income taxes and related effective tax rates for the three months ended March 31, 2013 and March 25, 2012, respectively, were as follows:

	Three months ended
Provision for Income Taxes	March 31, 2013			March 25, 2012
Current	$	720		$	894
Deferred	14,502			5,183
Total	$	15,222		$	6,077
Effective tax rate	38.0		%	38.9		%

Income taxes are accounted for in accordance with the authoritative guidance for accounting for income taxes under which deferred tax assets and liabilities are determined. These assets and liabilities are based on the difference between their financial statement basis and tax basis, using enacted tax rates in effect for the year in which the differences are expected to reverse.

During the three months ended March 31, 2013 and March 25, 2012, there were no material events which impacted the effective tax rate. The American Taxpayer Relief Act of 2012 was signed into law on January 2, 2013. It reinstated certain tax credits for the 2012 tax year which resulted in a benefit of $0.4 million to the Company.

The Company regularly evaluates its deferred tax assets for future realization.  A valuation allowance is established when the Company believes that it is more likely than not that some portion of its deferred tax assets will not be realized.  Changes in valuation allowances from period to period are included in the Company's tax provision in the period of change.

As of March 31, 2013 and March 25, 2012, the Company maintained a valuation allowance for certain state NOL carryovers, state tax credit carryovers and foreign loss carryovers. There was no change in the valuation allowance for either of the three-month reporting periods ended March 31, 2013, and March 25, 2012.

16.Recently Issued Accounting Pronouncements

In February 2013, the FASB issued Accounting Standards Update No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” (“ASU 2013-02”). This new guidance requires that the Company present either in a single note or parenthetically on the face of the financial statements, the effect of significant amounts reclassified from each component of accumulated other comprehensive income based on its source and the income statement line items affected by the reclassification. This guidance only impacts disclosures within the consolidated financial statements and notes to the consolidated financial statements and does not result in a change to the accounting treatment of Accumulated Other Comprehensive Income. The Company adopted this standard during the three month period ended March 31, 2013.

37

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

17. Guarantor and Nonguarantor Statements

The 9.25% Senior Notes and the 8.25% Senior Notes are general senior unsecured obligations of Pinnacle Finance, effectively subordinated in right of payment to all existing and future senior secured indebtedness of Pinnacle Finance and guaranteed on a full, unconditional, joint and several basis by Pinnacle Finance's 100% owned domestic subsidiaries that guarantee other indebtedness of Pinnacle Finance. Beginning with the 4.875% Notes issued in the April 2013 refinancing, the Company will also be a guarantor of the 4.875% Notes.

The following condensed consolidating financial information presents:

(1) (a) Condensed consolidating balance sheets as of March 31, 2013 and December 30, 2012.

(b) The related condensed consolidating statements of operations and comprehensive earnings for the Company, Pinnacle Finance, all guarantor subsidiaries and the non-guarantor subsidiaries for the following:

i. Three months ended March 31, 2013; and

ii. Three months ended March 25, 2012.

(c) The related condensed consolidating statements of cash flows for the Company, Pinnacle Finance, all guarantor subsidiaries and the non-guarantor subsidiaries for the following:

i. Three months endedMarch 31, 2013; and

ii. Three months endedMarch 25, 2012.

(2) Elimination entries necessary to consolidate the Company, Pinnacle Finance with its guarantor subsidiaries and non-guarantor subsidiaries.

Investments in subsidiaries are accounted for by the parent using the equity method of accounting. The guarantor subsidiaries are presented on a combined basis. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions and include a reclassification entry of net non-current deferred tax assets to non-current deferred tax liabilities.

38

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	122,864		$	9,230	$	—		$	132,094
Accounts receivable, net	—			—			159,394			9,057		—			168,451
Intercompany accounts receivable	—			—			123,810			—		(123,810		)	—
Inventories, net	—			—			319,800			6,326		—			326,126
Other current assets	—			4,925			10,952			589		—			16,466
Deferred tax assets	—			—			100,321			70		—			100,391
Total current assets	—			4,925			837,141			25,272		(123,810		)	743,528
Plant assets, net	—			—			501,154			24		—			501,178
Investment in subsidiaries	914,633			1,876,499			12,173			—		(2,803,305		)	—
Intercompany note receivable	—			1,492,424			7,270			9,800		(1,509,494		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			21,968			128,079			152		—			150,199
Deferred tax assets	—			246,172			—			—		(246,172		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392
Current liabilities:
Short-term borrowings	$	—		$	—		$	1,831		$	—	$	—		$	1,831
Current portion of long-term obligations	—			11,183			3,649			—		—			14,832
Accounts payable	—			—			126,260			1,183		—			127,443
Intercompany accounts payable	—			117,052			—			6,758		(123,810		)	—
Accrued trade marketing expense	—			—			47,016			3,809		—			50,825
Accrued liabilities	—			30,279			99,279			571		—			130,129
Total current liabilities	—			158,514			278,035			12,321		(123,810		)	325,060
Long-term debt	—			2,564,365			21,460			—		—			2,585,825
Intercompany note payable	—			—			1,501,815			7,679		(1,509,494		)	—
Pension and other postretirement benefits	—			—			100,046			—		—			100,046
Other long-term liabilities	—			3,074			21,556			2,730		—			27,360
Deferred tax liabilities	—			1,402			731,893			345		(246,172		)	487,468
Total liabilities	—			2,727,355			2,654,805			23,075		(1,879,476		)	3,525,759
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	839						—			—		—			839
Additional paid-in-capital	696,473			697,312			1,284,776			2,324		(1,984,412		)	696,473
Retained earnings	277,751			277,751			644,213			8,931		(930,895		)	277,751
Accumulated other comprehensive loss	(60,430		)	(60,430		)	(52,490		)	918		112,002			(60,430		)
Total Shareholders' equity	914,633			914,633			1,876,499			12,173		(2,803,305		)	914,633
Total liabilities and shareholders' equity	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392

39

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet December 30, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	83,123		$	9,158	$	—		$	92,281
Accounts receivable, net	—			—			135,791			8,093		—			143,884
Intercompany accounts receivable	—			—			73,769			—		(73,769		)	—
Inventories, net	—			—			350,922			7,129		—			358,051
Other current assets	—			1,130			10,546			186		—			11,862
Deferred tax assets	—			—			100,245			74		(1,120		)	99,199
Total current assets	—			1,130			754,396			24,640		(74,889		)	705,277
Plant assets, net	—			—			493,640			26		—			493,666
Investment in subsidiaries	888,726			1,840,632			11,222			—		(2,740,580		)	—
Intercompany note receivable	—			1,469,135			7,270			9,800		(1,486,205		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			23,691			131,707			160		—			155,558
Deferred tax assets	—			239,347			—			—		(239,347		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988
Current liabilities:
Short-term borrowings	$	—		$	—		$	2,139		$	—	$	—		$	2,139
Current portion of long-term obligations	—			27,411			3,008			—		—			30,419
Accounts payable	—			37			136,220			1,069		—			137,326
Intercompany accounts payable	—			65,888			—			7,881		(73,769		)	—
Accrued trade marketing expense	—			—			41,396			3,175		—			44,571
Accrued liabilities	—			29,662			90,000			727		(1,120		)	119,269
Total current liabilities	—			122,998			272,763			12,852		(74,889		)	333,724
Long-term debt	—			2,558,404			17,982			—		—			2,576,386
Intercompany note payable	—			—			1,478,593			7,612		(1,486,205		)	—
Pension and other postretirement benefits	—			—			100,918			—		—			100,918
Other long-term liabilities	—			3,807			22,168			2,730		—			28,705
Deferred tax liabilities	—			—			710,666			210		(239,347		)	471,529
Total liabilities	—			2,685,209			2,603,090			23,404		(1,800,441		)	3,511,262
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	812			—			—			—		—			812
Additional paid-in-capital	696,512			697,324			1,284,155			2,324		(1,983,803		)	696,512
Retained earnings	252,955			252,955			608,788			8,842		(870,585		)	252,955
Accumulated other comprehensive loss	(61,553		)	(61,553		)	(52,311		)	56		113,808			(61,553		)
Total Shareholders' equity	888,726			888,726			1,840,632			11,222		(2,740,580		)	888,726
Total liabilities and shareholders' equity	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988

40

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations			Consolidated Total
Net sales	$	—		$	—		$	606,581		$	20,616	$	(14,216	)	$	612,981
Cost of products sold	—			12			454,483			17,565		(13,920		)	458,140
Gross profit	—			(12		)	152,098			3,051		(296		)	154,841
Operating expenses
Marketing and selling expenses	—			70			43,901			1,657		—			45,628
Administrative expenses	—			578			21,063			917		—			22,558
Research and development expenses	—			5			2,322			—		—			2,327
Intercompany royalties	—			—			—			9		(9		)	—
Intercompany technical service fees	—			—			—			287		(287		)	—
Other expense (income), net	—			—			3,657			—		—			3,657
Equity in (earnings) loss of investees	(24,796		)	(35,425		)	(89		)	—		60,310			—
Total operating expenses	(24,796		)	(34,772		)	70,854			2,870		60,014			74,170
Earnings before interest and taxes	24,796			34,760			81,244			181		(60,310		)	80,671
Intercompany interest (income) expense	—			(23,290		)	23,258			32		—			—
Interest expense	—			40,080			569			7		—			40,656
Interest income	—			—			2			1		—			3
Earnings before income taxes	24,796			17,970			57,419			143		(60,310		)	40,018
Provision (benefit) for income taxes	—			(6,826		)	21,994			54		—			15,222
Net earnings	$	24,796		$	24,796		$	35,425		$	89	$	(60,310	)	$	24,796
Total comprehensive earnings (loss)	$	25,919		$	25,919		$	36,109		$	493	$	(62,521	)	$	25,919

41

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries		Nonguarantor Subsidiaries			Eliminations			Consolidated Total
Net sales	$	—		$	—		$	612,279	$	18,463		$	(13,817	)	$	616,925
Cost of products sold	—			54			477,300		17,483			(13,589		)	481,248
Gross profit	—			(54		)	134,979		980			(228		)	135,677
Operating expenses
Marketing and selling expenses	—			121			42,924		955			—			44,000
Administrative expenses	—			1,019			18,804		791			—			20,614
Research and development expenses	—			9			2,198		—			—			2,207
Intercompany royalties	—			—			—		13			(13		)	—
Intercompany technical service fees	—			—			—		215			(215		)	—
Other expense (income), net				—			3,686		—			—			3,686
Equity in (earnings) loss of investees	(9,539		)	(25,769		)	773		—			34,535			—
Total operating expenses	(9,539		)	(24,620		)	68,385		1,974			34,307			70,507
Earnings before interest and taxes	9,539			24,566			66,594		(994		)	(34,535		)	65,170
Intercompany interest (income) expense	—			(23,423		)	23,393		30			—			—
Interest expense	—			48,956			649		7			—			49,612
Interest income	—			—			58		—			—			58
Earnings (loss) before income taxes	9,539			(967		)	42,610		(1,031		)	(34,535		)	15,616
Provision (benefit) for income taxes	—			(10,506		)	16,841		(258		)	—			6,077
Net earnings (loss)	$	9,539		$	9,539		$	25,769	$	(773	)	$	(34,535	)	$	9,539
Total comprehensive earnings	$	9,603		$	9,603		$	25,160	$	(1,322	)	$	(33,441	)	$	9,603

42

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(17,523	)	$	85,357		$	(90	)	$	—		$	67,744
Cash flows from investing activities
Intercompany accounts receivable/payable	—			28,291			—			—			(28,291		)	—
Capital expenditures	—			—			(18,242		)	—			—			(18,242		)
Sale of plant assets	—			—			1,775			—			—			1,775
Net cash (used in) provided by investing activities	—			28,291			(16,467		)	—			(28,291		)	(16,467		)
Cash flows from financing activities
Repayments of long-term obligations	—			(10,581		)	—			—			—			(10,581		)
Proceeds from short-term borrowing	—			—			1,107			—			—			1,107
Repayments of short-term borrowing	—			—			(1,415		)	—			—			(1,415		)
Intercompany accounts receivable/payable				—			(28,291		)				28,291			—
Repayment of capital lease obligations	—			—			(550		)	—			—			(550		)
Parent reduction in investment in subsidiary	187			(187		)	—			—			—			—
Repurchases of equity	(187		)	—			—			—			—			(187		)
Net cash (used in) provided by financing activities	—			(10,768		)	(29,149		)	—			28,291			(11,626		)
Effect of exchange rate changes on cash				—			—			162			—			162
Net change in cash and cash equivalents	—			—			39,741			72			—			39,813
Cash and cash equivalents - beginning of period	—			—			83,123			9,158			—			92,281
Cash and cash equivalents - end of period	$	—		$	—		$	122,864		$	9,230		$	—		$	132,094
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,776		$	549		$	—		$	—		$	36,325
Interest received	—			1			2			—			—			3
Income taxes paid	—			—			195			109			—			304
Non-cash investing and financing activities:
New capital leases	—			—			4,668			—			—			4,668

43

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(12,966	)	$	47,230		$	(407	)	$	—		$	33,857
Cash flows from investing activities
Intercompany accounts receivable/payable	—			1,873			—			—			(1,873		)	—
Repayments of intercompany loans	—			14,568			—						(14,568		)	—
Capital expenditures	—			—			(13,505		)	—			—			(13,505		)
Net cash (used in) provided by investing activities	—			16,441			(13,505		)	—			(16,441		)	(13,505		)
Cash flows from financing activities
Repayments of long-term obligations	—			(3,125		)	—			—			—			(3,125		)
Proceeds from short-term borrowing	—			—			815			—			—			815
Repayments of short-term borrowing	—			—			(937		)	—			—			(937		)
Intercompany accounts receivable/payable	—			—			(1,873		)				1,873			—
Repayments of intercompany loans	—			—			(14,568		)	—			14,568			—
Repayment of capital lease obligations	—			—			(792		)	—			—			(792		)
Parent reduction in investment in subsidiary	350			(350		)	—			—			—			—
Repurchases of equity	(350		)	—			—			—			—			(350		)
Net cash (used in) provided by financing activities	—			(3,475		)	(17,355		)	—			16,441			(4,389		)
Effect of exchange rate changes on cash				—			—			218			—			218
Net change in cash and cash equivalents	—			—			16,370			(189		)	—			16,181
Cash and cash equivalents - beginning of period	—			—			150,493			538			—			151,031
Cash and cash equivalents - end of period	$	—		$	—		$	166,863		$	349		$	—		$	167,212
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,040		$	633		$	—		$	—		$	35,673
Interest received	—			—			58			—			—			58
Income taxes (refunded) paid	—			—			(29		)	125			—			96

44

PINNACLE FOODS INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

(thousands of dollars, except share and per share amounts and where noted in millions)

18. Subsequent Events

On March 28, 2013, the Company completed its IPO and its stock began trading on the NYSE, under the ticker symbol PF. On April 3, 2013, the IPO closed in which the Company issued and sold 33,350,000 shares of common stock for cash consideration of $20.00 per share ($18.80 per share net of underwriting discounts). The Company received approximately $627.0 million in net proceeds from the offering. A portion of the proceeds was used to redeem the entire $465.0 million in aggregate principal amount of Pinnacle Finance's 9.25% Senior Notes at a redemption price of 100.0%. The remaining net proceeds, together with cash on hand, was used to repay $202.0 million of the Tranche B Non-Extended Term Loans that mature on April 2, 2014. Additionally, in connection with the completion of the IPO, the advisory agreement previously in place with an affiliate of Blackstone was terminated. As a result of the termination, the Company paid a termination fee of $15.1 million with available cash on hand.

On April 29, 2013, Pinnacle Finance, an indirect subsidiary of the Company, entered into the second amendment to the amended and restated Senior Secured Credit Facility, which provided for a seven year term loan facility in the amount of $1,630.0 million (the "Tranche G Term Loans") and replaced the existing revolving credit facility with a new five year $150.0 million revolving credit facility. Additionally, Pinnacle Finance issued $350.0 million aggregate principal amount of 4.875% Senior Notes (the "New Senior Notes") due 2021.

Pinnacle Finance used a portion of the proceeds from the Tranche G Term Loans and the New Senior Notes issuance to (i) repay all existing indebtedness outstanding under the then existing Senior Secured Credit Facility, consisting of (a) $38.1 million of Tranche B Non-Extended Term Loans, (b) $634.7 million of Tranche B Extended Term Loans, (c) $396.0 million of Tranche E Term Loans and (d) $446.6 million of Tranche F Term Loans and (ii) redeem $400.0 million in aggregate principal amount of Pinnacle Finance's 8.25% Senior Notes due 2017 at a redemption price of 108.5% (collectively, the "April 2013 Refinancing").

On April 3, 2013, the board of directors approved a proposal to amend the Certificate of Incorporation to increase the total number of shares in connection with the IPO, of all classes of stock that the Company shall have authority to issue to 550,000,000 shares. The authorized shares will be comprised of 500,000,000 shares of common stock, par value $0.01 per share and 50,000,000 shares of preferred stock, par value $0.01 per share.

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ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

(dollars in millions, except where noted)

You should read the following discussion of our results of operations and financial condition together with the audited consolidated financial statements appearing in our prospectus filed with the SEC on March 28, 2013 and the unaudited Consolidated Financial Statements and the notes thereto included in this quarterly report. This discussion contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the “Risk Factors” section of our prospectus filed with the SEC on March 28, 2013, and the section entitled “Special Note Regarding Forward-Looking Statements” in this report. Actual results may differ materially from those contained in any forward-looking statements.

Overview

We are a leading manufacturer, marketer and distributor of high quality, branded food products in North America. We manage the business in three operating segments: Birds Eye Frozen, Duncan Hines Grocery and Specialty Foods.

Our Birds Eye Frozen Division manages our Leadership Brands in the United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), and frozen prepared seafood (Van de Kamp's and Mrs. Paul's) categories, as well as our Foundation Brands in the full-calorie single-serve frozen dinners and entrées (Hungry-Man), frozen pancakes / waffles / French Toast (Aunt Jemima), frozen and refrigerated bagels (Lender's) and frozen pizza for one (Celeste) categories.

Our Duncan Hines Grocery division manages our Leadership Brands in the baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), and table syrups (Mrs. Butterworth's and Log Cabin) categories, and our Foundation Brands in the canned meat (Armour, Nalley, Brooks), pie and pastry fillings (Comstock, Wilderness), barbecue sauces (Open Pit) and salad dressing (Bernstein's) categories as well as all Canadian operations. We refer to the sum of our Birds Eye Frozen segment and our Duncan Hines Grocery segment as our North American retail businesses.

Our Specialty Foods Division consists of snack products (Tim's Cascade and Snyder of Berlin) and our foodservice and private label businesses.

Our Leadership Brands historically receive about 80% of our marketing investment and a majority of our innovation investment. We manage our Foundation Brands for revenue stability and cash flow to support investment in our Leadership Brands. We support the Foundation Brands with brand renovation spending, as well as targeted consumer and trade programs.

We use market share data provided by Information Resources Inc. ("IRI"), previously Symphony IRI Group, Inc. This data now includes Wal-Mart and other retailers not previously measured in addition to traditional supermarkets. Retail sales are dollar sales estimated by IRI and represent the value of units sold through cash registers for the relevant period. Market share is the Company's percentage of the overall category and is calculated using dollar retail sales of U.S. brands.

Segment performance is evaluated by the Company’s Chief Operating Decision Maker and is based on earnings before interest and taxes. Transfers between segments and geographic areas are recorded at cost plus markup or at market. Identifiable assets are those assets, including goodwill, which are identified with the operations in each segment or geographic region. Corporate assets consist of prepaid and deferred tax assets. Unallocated corporate expenses consist of corporate overhead such as executive management and finance and legal functions. Product contribution is defined as gross profit less direct to consumer advertising and marketing expenses, selling commission and direct brand marketing overhead expenses.

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Business Drivers and Measures

In operating our business and monitoring its performance, we pay attention to trends in the food manufacturing industry and a number of performance measures and operational factors. The industry has experienced volatility in overall commodity prices over the past five years. The industry has managed this commodity inflation by increasing retail prices, which has affected consumer buying patterns and led to lower volumes in many categories. The overall food industry continues to face top line challenges, with overall volume softness and a more challenging environment to fully pass on price increases due to weak consumer demand.

Industry Trends

Growth in our industry is driven primarily by population growth, changes in product selling prices and changes in consumption between out-of-home and in-home eating. With the slow economic recovery since the recession in 2008 and 2009, consumers are looking for value alternatives, which has caused an increase in the percentage of products sold on promotion and a shift from traditional retail grocery to mass merchandisers, club stores and the dollar store channel. We are well positioned in grocery and alternative channels, maintaining strong customer relationships across key retailers in each segment.

Over the long term, the share of food consumed at restaurants and in other foodservice venues had been increasing, with the share of food consumed at home in decline. During the 2008-09 recession, this trend reversed, with consumers eating more at home. Recently, the industry has experienced a decline in the volume of food consumed at home, yet away from home eating venues have not experienced corresponding volume increases.

During 2012 and into the first quarter of 2013, the industry shifted investment spending to trade promotions during a period of heightened competitive activity and significant consumer price sensitivity.

In order to maintain and grow our business, we must successfully react to, and offer products that respond to, evolving consumer trends, such as changing health trends and focus on convenience and products tailored for busy lifestyles. Incremental growth in the industry is principally driven by product and packaging innovation.

Revenue Factors

Our net sales are driven principally by the following factors:

• Gross sales, which change as a function of changes in volume and list price; and

• the costs that we deduct from gross sales to reach net sales, which consist of:

◦ Cash discounts, returns and other allowances.

◦ Trade marketing expenses, which include the cost of temporary price reductions (“on sale” prices), promotional displays and advertising space in store circulars.

◦ New product distribution (slotting) expenses, which are the costs of having certain retailers stock a new product, including amounts retailers charge for updating their warehousing systems, allocating shelf space and in-store systems set-up, among other things.

◦ Consumer coupon redemption expenses, which are costs from the redemption of coupons we circulate as part of our marketing efforts.

Cost Factors

Costs recorded in Cost of products sold in the consolidated statement of operations include:

◦ Raw materials, such as sugar, cucumbers, broccoli, corn, peas, green beans, carrots, flour (wheat), poultry, seafood, vegetable oils, shortening, meat and corn syrup, among others, are available from numerous independent suppliers but are subject to price fluctuations due to a number of factors, including changes in crop size, federal and state agricultural programs, export demand, weather conditions and insects, among others.

◦ Packaging costs. Our broad array of products entails significant costs for packaging and is subject to fluctuations in the price of aluminum, glass jars, plastic trays, corrugated fiberboard, and plastic packaging materials.

◦ Conversion costs, which include all costs necessary to convert raw materials into finished product. Key components of this cost include direct labor, and plant overhead such as rent, utilities and depreciation.

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◦ Freight and distribution. We use a combination of common carriers and inter-modal rail to transport our products from our manufacturing facilities to distribution centers and to deliver products to our customers from both those centers and directly from our manufacturing plants. Our freight and distribution costs are influenced by fuel costs as well as capacity within the industry.

Costs recorded in marketing and selling expenses in the consolidated statement of operations include:

◦ Advertising and other marketing expenses. These expenses represent advertising and other consumer and trade-oriented marketing programs. A key strategy is to continue to invest in marketing and public relations that builds brand affinity for our Leadership Brands.

◦ Brokerage commissions and other overhead expenses.

Working Capital

Our working capital is primarily driven by accounts receivable and inventories, which fluctuate throughout the year due to seasonality in both sales and production. See “Seasonality.” We will continue to focus on reducing our working capital requirements while simultaneously maintaining our customer service levels and fulfilling our production requirements. We have historically relied on internally generated cash flows and temporary borrowings under our Revolving Credit Facility to satisfy our working capital requirements.

Other Factors

Other factors that have influenced our results of operations and may do so in the future include:

• Interest Expense. As a result of the Blackstone Transaction and the Birds Eye Foods Acquisition, we have significant indebtedness. Although we expect to reduce our leverage over time, we expect interest expense to continue to be a significant component of our expenses. See “Liquidity and Capital Resources” below. Our recent IPO and debt refinancings have significantly reduced our expected future interest expense. See Note 18 to the Financial Statements for further details.

• Cash Taxes. We have significant tax-deductible intangible asset amortization and federal and state NOLs, which resulted in minimal federal and state cash taxes in recent years. We expect to pay minimal federal and state taxes through 2015.

• Acquisitions and Consolidations. We believe we have the expertise to identify and integrate value-enhancing acquisitions to further grow our business. We have successfully integrated acquisitions in the past. We have, however, incurred significant costs in connection with integrating these businesses and streamlining our operations.

• Impairment of Goodwill, Tradenames and Long-Lived Assets. We test our goodwill and intangible assets annually or more frequently (if necessary) for impairment and have recorded impairment charges in recent years. The value of goodwill and intangibles from the allocation of purchase price from the Blackstone Transaction and the Birds Eye Acquisition is derived from our business operating plans at that time and is therefore susceptible to an adverse change that could require an impairment charge. We have incurred impairment charges in each of the fiscal years ended on December 30, 2012 and December 25, 2011, the amounts of which are discussed in greater detail in Note 7 to our consolidated financial statements included in our prospectus that was filed on March 28, 2013.

Seasonality

Our sales and cash flows are affected by seasonal cyclicality. Sales of frozen foods, including frozen vegetables and frozen complete bagged meals tend to be marginally higher during the winter months. Seafood sales peak during Lent, in advance of the Easter holiday. Sales of pickles, relishes, barbecue sauces, potato chips and salad dressings tend to be higher in the spring and summer months, and demand for Duncan Hines products, Birds Eye vegetables and our pie and pastry fruit fillings tend to be higher around the Easter, Thanksgiving, and Christmas holidays. Since many of the raw materials we process under the Birds Eye,Vlasic, Comstock and Wilderness brands are agricultural crops, production of these products is predominantly seasonal, occurring during and immediately following the purchase of such crops. We also increase our Duncan Hines inventories in advance of the peak fall selling season. As a result, our inventory levels tend to be higher during August, September, and October, and thus we require more working capital during these months. We are a seasonal net user of cash in the third quarter of the calendar year.

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Restructuring Charges

From time to time, we voluntarily undertake consolidation and restructuring activities in order to optimize our manufacturing footprint, reduce our supply chain costs and increase organizational effectiveness.

Pickle supply chain improvements

On May 25, 2012, we announced plans to further improve the efficiency of our supply chain by consolidating our Vlasic pickle production into one plant in Imlay City, Michigan. Our decision to focus on our branded Vlasic business and de-emphasize our lower-margin, un-branded pickle business was the catalyst for this consolidation. Our pickle production plant, located in Millsboro, Delaware ended production at year-end 2012. We recorded termination costs in the second quarter of 2012 and expect all severance payments to be primarily completed by the second quarter of 2013. As a result of exiting the lower-margin un-branded pickle business, we terminated the use of a third party ingredients storage facility in the third quarter of 2012. In doing so, we recorded contract termination fees that are expected to be paid in the second quarter of 2013.

Green Bay, Wisconsin Research Facility

On May 15, 2012, we announced plans to relocate the Birds Eye Frozen Division Research and Development team from Green Bay, Wisconsin to our new facility at its Parsippany, New Jersey headquarters. We believe that the relocation will allow for seamless collaboration between marketing, sales, procurement and R&D that will drive superior brand innovation, marketing and productivity. We closed our Green Bay, Wisconsin research facility in December 2012. We recorded termination costs in the fourth quarter of 2012 and expect severance payments to be primarily completed in the third quarter of 2013.

Fulton, NY Plant

On April 15, 2011, we announced plans to consolidate the Birds Eye Frozen Segment's Fulton, NY plant operations into our Darien, WI and Waseca, MN facilities in order to locate vegetable processing closer to the crop-growing region and thus reduce the related freight costs. In connection with this project, we made significant capital investments in our Darien, WI and Waseca, MN plants. We recorded accelerated depreciation costs of $1.8 million in the three months ended March 25, 2012. All restructuring charges related to the closure of the Fulton, NY plant were recorded in the Birds Eye Frozen segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the second quarter of 2011 and payments were substantially completed in the third quarter of 2012. On January 13, 2013, the sale of the Fulton location was finalized for total proceeds of $874.

Tacoma, WA Plant

On December 3, 2010, in an effort to improve our supply chain operations, we announced the closure of the Tacoma, WA plant and the consolidation of production into our Fort Madison, IA plant. We recorded accelerated depreciation costs of $0.3 million in the three months ended March 25, 2012. All restructuring charges related to the closure of the Tacoma, WA plant were recorded in the Duncan Hines Grocery segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the fourth quarter of 2010 and payments were substantially completed in the second quarter of 2012.

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Results of Operations:

Consolidated Statements of Operations

The following tables set forth our statement of operations data expressed in dollars and as a percentage of net sales.

	Three months ended
	March 31, 2013				March 25, 2012
Net sales	$	613.0	100.0	%	$	616.9	100.0	%
Cost of products sold	458.1		74.7	%	481.2		78.0	%
Gross profit	154.9		25.3	%	135.7		22.0	%
Operating expenses:
Marketing and selling expenses	$	45.6	7.4	%	$	44.0	7.1	%
Administrative expenses	22.6		3.7	%	20.6		3.3	%
Research and development expenses	2.3		0.4	%	2.2		0.4	%
Other expense (income), net	3.7		0.6	%	3.7		0.6	%
Total operating expenses	$	74.2	12.1	%	$	70.5	11.4	%
Earnings before interest and taxes	$	80.7	13.2	%	$	65.2	10.6	%

	Three months ended
	March 31, 2013			March 25, 2012
Net sales
Birds Eye Frozen	$	292.5		$	290.5
Duncan Hines Grocery	227.2			222.0
North American Retail	519.7			512.5
Specialty Foods	93.3			104.4
Total	$	613.0		$	616.9
Earnings before interest and taxes
Birds Eye Frozen	$	48.9		$	37.2
Duncan Hines Grocery	29.4			26.3
Specialty Foods	8.2			6.9
Unallocated corporate expenses	(5.9		)	(5.2		)
Total	$	80.7		$	65.2
Depreciation and amortization
Birds Eye Frozen	$	9.3		$	10.2
Duncan Hines Grocery	5.8			6.3
Specialty Foods	4.2			4.0
Total	$	19.3		$	20.5

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Adjustments to Earnings (loss) before Interest and Taxes and Depreciation and Amortization used in the calculation of Adjusted EBITDA as described below in the "Covenant Compliance" section, by Segment, are as follows:

	Three months ended
	March 31, 2013		March 25, 2012
Adjustments to Earnings (loss) before interest and taxes
Birds Eye Frozen	$	0.9	$	3.8
Duncan Hines Grocery	2.5		(0.1		)
Specialty Foods	—		(0.1		)
Unallocated corporate expenses	1.1		0.7
Adjustments to Depreciation and amortization
Birds Eye Frozen	$	—	$	1.8
Duncan Hines Grocery	—		0.3
Specialty Foods	—		—
Unallocated corporate expenses	—		—

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Three months ended March 31, 2013 compared to the three months ended March 25, 2012

Net sales

Net sales for the three months ended March 31, 2013 were $613.0 million, a decline of 0.6%, compared to net sales of $616.9 million in the comparable prior-year period, resulting from a decline in our Specialty Division as we continue to focus on our branded retail business, which offset solid growth in our North American retail business.

Net sales in our North American retail businesses increased 1.4% in the first quarter, reflecting a 1.2% increase from volume/mix, as well as higher net pricing of 0.2%. The earlier timing of Easter in 2013 drove about half of the volume/mix benefit.

Birds Eye Frozen Division:

Net sales in the three months ended March 31, 2013 increased 0.7% versus year-ago to $292.5 million, reflecting a 0.5% increase from volume/mix in addition to higher net pricing of 0.2%. The entire increase from volume/mix was the result of the earlier timing of Easter in 2013 .The increase is primarily attributable to strong sales of Birds EyeVoila!, which included the Chipotle Chicken line extension introduced during the quarterand Lender's bagels, partially offset by decreased Birds Eye vegetablessales resulting from a heightened promotional environment.

Duncan Hines Grocery Division:

Net sales in the three months ended March 31, 2013 increased 2.3%, to $227.2 million, reflecting a 2.0% increase from volume/mix, in addition to higher net pricing of 0.3%. The earlier timing of Easter in 2013 accounted for approximately one third of the benefit from volume/mix. Positive contributions in the quarter included higher sales of our Mrs. Butterworth's and Log Cabin syrups due to increased investment in pricing and merchandising. Increased sales of our Vlasic pickles and Comstock and Wilderness pie/pastry fruit fillings, in addition to strong sales from our Canadian subsidiary were partially offset by lower sales of our Duncan Hines frostings line of products. First quarter 2013 sales also benefited from the second half 2012 introduction of successful new products such as Vlasic Farmers Garden shelf stable artisan-style pickles.

Specialty Foods Division:

Net sales in the three months ended March 31, 2013 were $93.3 million, a decline of 10.6%, reflecting a 10.7% decrease from volume/mix, partially offset by higher net pricing of 0.1%. Lower sales in the segment were primarily driven by our planned exit of the lower margin un-branded pickle business in addition to lower sales of private label canned meat.

Gross profit

Gross profit for the three months ended March 31, 2013 was $154.9 million, or 25.3% of net sales, compared to $135.7 million, or 22.0% of net sales, in the comparable prior-year period. The increase in gross profit as a percentage of net sales was largely driven by improved plant productivity and favorable product mix during the quarter. Also benefiting gross profit was $1.6 million of lower restructuring charges and restructuring-related expenses.

The following table outlines the factors resulting in the increase in gross profit in the three months ended March 31, 2013 of $19.2 million, or 3.3% of net sales.

	$ (in millions)			% net sales
Productivity including footprint consolidation	$	17.0		2.7	%
Favorable product mix	9.3			1.1
Inflation (principally higher commodity costs)	(3.8		)	(0.6	)
Higher net selling prices, net of slotting	1.3			0.2
Lower sales volume	(3.9		)	—
Lower mark to market gains on financial instruments	(2.0		)	(0.3	)
Lower restructuring and restructuring related	1.6			0.2
Higher depreciation expense	(0.3		)	—
	$	19.2		3.3	%

Marketing and selling expenses

52

Marketing and selling expenses were $45.6 million, or 7.4% of net sales, for the three months ended March 31, 2013, compared to $44.0 million, or 7.1% of net sales, for the comparable prior-year period. We continue to focus our consumer oriented marketing such as advertising on our leadership brands, such as Birds Eye frozen vegetables and Duncan Hines.

Administrative expenses

Administrative expenses were $22.6 million, or 3.7% of net sales, for the three months ended March 31, 2013, compared to $20.6 million, or 3.3% of net sales, for the comparable prior-year period. The change was principally related to planned spending increases in personnel and outside services.

Research and development expenses:

Research and development expenses were $2.3 million, or 0.4% of net sales, for the three months ended March 31, 2013 compared to $2.2 million, or 0.4% of net sales, for the comparable prior-year period.

Other Income and Expense:

	Three months ended
	March 31, 2013			March 25, 2012
Other expense (income), net consists of:
Amortization of intangibles/other assets	$	3.9		$	3.9
Royalty income and other	(0.2		)	(0.2		)
Total other expense (income), net	$	3.7		$	3.7

Earnings before interest and taxes

Earnings before interest and taxes increased 23.8%, or $15.5 million, versus year-ago to $80.7 million for the three months ended March 31, 2013, primarily reflecting higher gross profit, driven by improved plant productivity and favorable product mix. Also included in the results were restructuring charges of $1.9 million in the first quarter of 2013, compared with restructuring charges of $3.5 million in the first quarter of 2012.

Birds Eye Frozen Division:

Earnings before interest and taxes increased 31.4%, or $11.7 million, versus year-ago to $48.9 million for the three months ended March 31, 2013, primarily reflecting higher gross profit, driven by ongoing productivity savings including the benefit from the closure of our Fulton, NY plant. Earnings before interest and taxes were also impacted by charges of $0.1 million and $2.9 million in the first quarters of 2013 and 2012, respectively, related to our Fulton, NY plant consolidation project.

Duncan Hines Grocery Division:

Earnings before interest and taxes were $29.4 million, an increase of 11.9%, primarily reflecting ongoing productivity programs and favorable product mix, which were only partially offset by lower net selling prices. Earnings before interest and taxes were also impacted by charges of $1.8 million and $0.5 million in the first quarters of 2013 and 2012, respectively, related to our Millsboro, DE and Tacoma, WA plant consolidation projects.

Specialty Foods Division:

Earnings before interest and taxes increased 19.1%, or $1.3 million, versus year ago to $8.2 million, primarily reflecting higher gross profit driven by improved plant productivity in the current quarter, despite lower volume due to the planned exit of the lower margin un-branded pickle business.

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Interest Expense, net

Net interest expense declined 18.0%, or $8.9 million, to $40.7 million in the three months ended March 31, 2013 from $49.6 million in the three months ended March 25, 2012. This decline reflected savings of $4.3 million due to the 2012 payoff of $160.0 million of 9.25% Senior Notes and of $199.0 million of 10.625% Senior Subordinated Notes partially offset by higher term loan levels and interest rates, $3.3 million due to lower expense on interest rate swap agreements, $0.8 million due to lower amortization of deferred financing costs and other net decreases of $0.5 million.

We utilize interest rate swap agreements to reduce the potential exposure to interest rate movements and to achieve a desired proportion of variable versus fixed rate debt. Any gains or losses realized on the interest rate swap agreements, excluding the Accumulated other comprehensive (loss) earnings (“AOCL”) portion, are recorded as an adjustment to interest expense. Included in net interest expense was $0.8 million and $4.1 million for the first quarters of 2013 and 2012, respectively, recorded from losses on interest rate swap agreements, resulting in the change of $3.3 million mentioned above.

Provision (benefit) for income taxes

The effective tax rate was 38.0% for the three months ended March 31, 2013, compared to 38.9% for the three months ended March 25, 2012. The difference was primarily due to Federal tax legislation passed in January of 2013 which reinstated certain tax credits for the 2012 tax year, resulting in a $0.4 million benefit. For the three months ended March 31, 2013 and March 25, 2012, we maintained a valuation allowance against certain state net operating loss carryovers, state tax credit carryovers, and foreign loss carryovers. There was no change in the valuation allowance for either of the respective three-month reporting periods. See Note 15 to the Consolidated Financial Statements for Income Taxes.

Under Internal Revenue Code (“the Code”) Section 382, the Company is a loss corporation. Section 382 of the Code places limitations on our ability to use a portion of our NOL carryovers to offset income. The annual Federal NOL limitation that applies to a portion of our NOLs is approximately $17.0 million to $23.0 million, subject to other rules and restrictions. The Company also has available unencumbered NOLs that are expected to be utilized. Our NOLs and certain other tax attributes generated prior to December 23, 2009 may not be utilized to offset Birds Eye income from recognized built-in gains through December 2014, pursuant to Section 384 of the Code.

We have significant tax-deductible intangible asset amortization and federal and state NOLs, which resulted in minimal federal and state cash taxes in recent years. We expect to pay minimal federal and state taxes through 2015.

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Liquidity and Capital Resources

Historical

Our cash flows are seasonal. Typically we are a net user of cash in the third quarter of the calendar year (i.e., the quarter ending in September) and a net generator of cash over the balance of the year.

Our principal liquidity requirements have been, and we expect will be, for working capital and general corporate purposes, including capital expenditures and debt service. In addition, subsequent to the IPO, the Company expects to pay a quarterly dividend of $0.18 per share or approximately $21 million. Two quarterly dividends will be paid in 2013 (July and October). Capital expenditures are expected to be approximately $80 to $90 million in 2013, which include approximately $7 million related to our facility restructuring projects. We have historically satisfied our liquidity requirements with internally generated cash flows and availability under our Revolving Credit Facility (as defined in Note 9 to the Consolidated Financial Statements). We expect that our ability to generate cash from our operations and ability to borrow from our credit facilities should be sufficient to support working capital needs, planned growth and capital expenditures for the next 12 months and for the foreseeable future. We keep a insignificant amount of cash in foreign accounts, primarily related to the operations of our Canadian business. Tax liabilities related to bringing these funds back into the United States would not be significant and have been accrued. Our recent IPO and refinancing will significantly reduce interest expense and improve our maturity profile.

Statements of cash flows for the three months ended March 31, 2013 compared to the three months ended March 25, 2012

Net cash provided by operating activities was $67.7 million for the three months ended March 31, 2013 and was the result of net earnings, excluding non-cash charges and credits, of $58.6 million and a decrease in working capital of $9.1 million. The decrease in working capital was primarily the result of a $32.0 million decrease in inventories resulting from the sell-down of the seasonal inventory build from December 2012 and a $11.1 million seasonal increase in accrued liabilities. These were offset by a $24.7 million increase in accounts receivable driven by the timing of sales and a $10.3 million decrease in accounts payable driven by our inventory purchases. The aging profile of accounts receivable has not changed significantly from December 2012. All other working capital accounts generated a net $1.1 million cash inflow.

Net cash provided by operating activities was $33.9 million for the three months ended March 25, 2012 and was the result of net earnings, excluding non-cash charges and credits, of $34.4 million and an increase in working capital of $0.5 million. The increase in working capital was primarily the result of a $24.1 million increase in accounts receivable driven by the timing of sales and a $15.9 million decrease in accounts payable driven by our inventory purchases . Partially offsetting the increases to working capital were an increase of $14.6 million in accrued liabilities driven by higher interest accruals, a seasonal decrease of $18.1 million in inventories and a $6.4 million increase in accrued trade marketing expense driven by the timing of marketing around the Easter holiday. All other working capital accounts decreased by $0.4 million.

Net cash used in investing activities was $16.5 million for the three months ended March 31, 2013 and was primarily related to capital expenditures. Capital expenditures during the first three months of 2013 included approximately $4.7 million of costs related to our facility consolidation projects. Investing activities also included $1.8 million of proceeds from the sale of assets previously held for sale.

Net cash used in investing activities was $13.5 million for the three months ended March 25, 2012 and was entirely related to capital expenditures. Capital expenditures during the first quarter of 2012 included approximately $1.7 million of costs related to our plant consolidation projects in Tacoma and Fulton.

Net cash used by financing activities for the three months ended March 31, 2013 was $11.6 million and consisted of $10.6 million of term loan repayments and $1.4 million of notes payable activity. All other financing activities generated a net $0.4 million inflow.

Net cash used by financing activities for the three months ended March 25, 2012 was $4.4 million and consisted of $3.1 million

of term loan repayments, $1.7 million of payments on capital leases and notes payable, and $0.4 million of equity repurchases. These outflows were partially offset by proceeds from new note payable issuances of $0.8 million.

The net of all activities resulted in an increase in cash of $39.8 million for the three months ended March 31, 2013, compared to an increase in cash of $16.2 million for the three months ended March 25, 2012.

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Debt

As of March 31, 2013 and December 30, 2012, our long term debt consisted of the following:

	March 31, 2013			December 30, 2012
Long-term debt
- Senior Secured Credit Facility - Tranche B Non Extended Term Loans due 2014	$	240.1		$	243.3
- Senior Secured Credit Facility - Tranche B Extended Term Loans due 2016	634.7			637.9
- Senior Secured Credit Facility - Tranche E Term Loans due 2018	396.0			398.0
- Senior Secured Credit Facility - Tranche F Term Loans due 2018	446.6			448.9
- 9.25% Senior Notes due 2015	465.0			465.0
- 8.25% Senior Notes due 2017	400.0			400.0
- Unamortized discount on long term debt	(6.9		)	(7.2		)
- Capital lease obligations	25.1			21.0
	2,600.6			2,606.9
Less: current portion of long-term obligations	14.8			30.4
Total long-term debt	$	2,585.8		$	2,576.5

Please refer to Note 18 of the Consolidated Financial Statements "Subsequent Events" which describes the refinancing of all remaining Senior Secured Credit Facility and the 8.25% Senior Notes in April/May 2013.

On April 17, 2012 we entered into an amended and restated credit agreement which extended a portion of our Tranche B Term Loans to 2016, allowed us to borrow on new $400 million Tranche E Term Loans and replace our existing revolving credit facility with a new $150 million revolving credit facility. We used proceeds from the Tranche E Term Loans to pay off all of our outstanding balance of $313.2 million aggregate principal amount of Tranche D Term Loans. On April 19, 2012, we redeemed all $199.0 million of our outstanding 10.625% Senior Subordinated Notes using proceeds from the Tranche E Term Loans along with available cash.

On August 30, 2012, we entered into the first amendment to the amended and restated credit agreement which allowed us to borrow on new $450 million Tranche F Term Loans. The Company used proceeds from the Tranche F Term Loans along with available cash to pay off $300 million of the aggregate principal amount of Tranche B Non Extended Term Loans and $150 million of the aggregate principal amount of 9.25% Senior Notes. For additional details regarding our debt instruments and our April and September 2012 refinancing, please refer to Note 9 of the Consolidated Financial Statements, "Debt and Interest Expense".

We meet the service requirements on our debt utilizing cash flow generated from operations. In addition to the above facilities, we have a $150.0 million revolving credit facility, which can be used to fund our working capital needs and can also be used to issue up to $50.0 million of letters of credit. There were no borrowings against the revolving credit facility as of March 31, 2013 and December 30, 2012, except in respect of letters of credit as set forth below. As of March 31, 2013 and December 30, 2012, we had issued approximately $33.0 million and $33.5 million, respectively, of letters of credit under this facility, leaving approximately $117.0 million and $116.5 million, respectively, of unused capacity under the revolving credit facility.

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The term loans under the Senior Secured Credit Facility mature in quarterly installments of 0.25% of their aggregate funded total principal amount. The aggregate maturities of the Tranche B Non Extended Term Loan outstanding as of March 31, 2013 are $240.2 million in 2014. The aggregate maturities of the Tranche B Extended Term Loans outstanding as of March 31, 2013 are $3.2 million in the remainder of 2013, $6.4 million in 2014, $6.4 million in 2015, and $618.7 million in 2016. The aggregate maturities of the Tranche E Term Loans outstanding as of March 31, 2013 are $2.0 million in the remainder of 2013, $4.0 million in 2014, $4.0 million in 2015, $4.0 million in 2016, $5.0 million in 2017 and $377.0 million thereafter. The aggregate maturities of the Tranche F Term Loans outstanding as of March 31, 2013 are $2.2 million in the remainder of 2013, $4.5 million in 2014, $4.5 million in 2015, $4.5 million in 2016, $5.6 million in 2017 and $425.3 million thereafter.

Under the terms of the Senior Secured Credit Facility, we are required to use 50% of our “Excess Cash Flow” to prepay the term loans under the Tranche B Non Extended Term Loans, Tranche B Extended Term Loans, Tranche E Term Loans and Tranche F Term Loans (which percentage will be reduced to 25% at a total leverage ratio of 4.50 to 5.49 and to 0% at a total leverage ratio below 4.50). Excess Cash Flow is defined as consolidated net income (as defined), as adjusted for certain items, including (1) all non-cash charges and credits included in arriving at consolidated net income, (2) changes in working capital, (3) capital expenditures (to the extent they were not financed with debt), (4) the aggregate amount of principal payments of indebtedness and (5) certain other items defined in the Senior Secured Credit Facility. No payment was due under the Excess Cash Flow requirements of the Senior Secured Credit Facility for the fiscal 2012 reporting year.

As market conditions warrant, we and our subsidiaries, affiliates or significant equity holders (including Blackstone and its affiliates) may from time to time, in our or their sole discretion, purchase, repay, redeem or retire any of our outstanding debt or equity securities (including any publicly issued debt or equity securities), in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

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Covenant Compliance

The following is a discussion of the financial covenants contained in our debt agreements.

Senior Secured Credit Facility

Our Senior Secured Credit Facility contains a number of covenants that, among other things, restrict, subject to certain exceptions, our ability to:

• incur additional indebtedness and make guarantees;

• create liens on assets;

• engage in mergers or consolidations;

• sell assets;

• pay dividends and distributions or repurchase our capital stock;

• make investments, loans and advances, including acquisitions; and

• engage in certain transactions with affiliates.

The Senior Secured Credit Facility also contains certain customary affirmative covenants and events of default.

On April 17, 2012, we amended and restated the Senior Secured Credit Facility as part of an initiative to lower our interest costs by paying off our Senior Subordinated Notes and extending the maturity dates for a portion of our Senior Secured Credit Facility. This is discussed further in Note 9 of the Consolidated Financial Statements "Debt and Interest Expense".

8.25% Senior Notes and 9.25% Senior Notes

On April 2, 2007, we issued the 9.25% Senior Notes. On December 23, 2009, we issued additional 9.25% Senior Notes. On August 17, 2010, we issued the 8.25% Senior Notes. The Senior Notes are general senior unsecured obligations, effectively subordinated in right of payment to all of our existing and future senior secured indebtedness, and guaranteed on a full, unconditional, joint and several basis by our wholly-owned domestic subsidiaries that guarantee our other indebtedness.

The indentures governing the 8.25% Senior Notes and the 9.25% Senior Notes limit our (and most or all of our subsidiaries’) ability to, subject to certain exceptions:

• incur additional debt or issue certain preferred shares;

• pay dividends on or make other distributions in respect of our capital stock or make other restricted payments;

• make certain investments;

• sell certain assets;

• create liens on certain assets to secure debt;

• consolidate, merge, sell or otherwise dispose of all or substantially all of our assets;

• enter into certain transactions with our affiliates; and

• designate our subsidiaries as unrestricted subsidiaries.

Subject to certain exceptions, the indentures governing the Senior Notes permit us and our restricted subsidiaries to incur additional indebtedness, including secured indebtedness.

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Adjusted EBITDA

The Company's metric of Adjusted EBITDA, which is used in creating targets for the bonus and equity portions of our compensation plans, is equivalent to Covenant Compliance EBITDA under our debt agreements.

Pursuant to the terms of the Senior Secured Credit Facility, we are required to maintain a ratio of Net First Lien Secured Debt to Adjusted EBITDA of no greater than 5.25 to 1.00. Net First Lien Secured Debt is defined as our aggregate consolidated secured indebtedness secured on a first lien basis, less the aggregate amount of all unrestricted cash and cash equivalents.

In addition, under the Senior Secured Credit Facility and the indentures governing the Senior Notes, our ability to engage in activities such as incurring additional indebtedness, making investments and paying dividends is tied to the Senior Secured Leverage Ratio (which is currently the same as the ratio of Net First Lien Secured Debt to Adjusted EBITDA above), in the case of the Senior Secured Credit Facility, or to the ratio of Adjusted EBITDA to fixed charges for the most recently concluded four consecutive fiscal quarters, in the case of the Senior Notes. As of March 31, 2013, we were in compliance with all covenants and other obligations under the Senior Secured Credit Facility and the indentures governing the Senior Notes.

Adjusted EBITDA is defined as earnings (loss) before interest expense, taxes, depreciation and amortization (“EBITDA”), further adjusted to exclude non-cash items, extraordinary, unusual or non-recurring items and other adjustment items permitted in calculating Adjusted EBITDA under the Senior Secured Credit Facility and the indentures governing the Senior Notes. We believe that the inclusion of supplementary adjustments to EBITDA applied in presenting Adjusted EBITDA is appropriate to provide additional information to investors to demonstrate compliance with our financial covenants.

EBITDA and Adjusted EBITDA do not represent net earnings or loss or cash flow from operations as those terms are defined by U.S. Generally Accepted Accounting Principles (“GAAP”) and do not necessarily indicate whether cash flows will be sufficient to fund cash needs. In particular, the definitions of Adjusted EBITDA in the Senior Secured Credit Facility and the indentures allow us to add back certain non-cash, extraordinary, unusual or non-recurring charges that are deducted in calculating net earnings or loss. However, these are expenses that vary greatly and are difficult to predict. While EBITDA and Adjusted EBITDA and similar measures are frequently used as measures of operations and the ability to meet debt service requirements, they are not necessarily comparable to other similarly titled captions of other companies due to the potential inconsistencies in the method of calculation.

Our ability to meet the covenants specified above in future periods will depend on events beyond our control, and we cannot assure you that we will meet those ratios. A breach of any of these covenants in the future could result in a default under, or an inability to undertake certain activities in compliance with, the Senior Secured Credit Facility and the indentures governing the Senior Notes, at which time the lenders could elect to declare all amounts outstanding under the Senior Secured Credit Facility to be immediately due and payable. Any such acceleration would also result in a default under the indentures governing the Senior Notes.

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The following table provides a reconciliation from our net earnings to EBITDA and Adjusted EBITDA for the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012. The terms and related calculations are defined in the Senior Secured Credit Facility and the indentures governing the 8.25% Senior Notes, and 9.25% Senior Notes.

(thousands of dollars)	Three months ended						Fiscal Year Ended
	March 31, 2013			March 25, 2012			December 30, 2012
Net earnings	$	24,796		$	9,539		$	52,519
Interest expense, net	40,653			49,554			198,374
Income tax expense	15,222			6,077			32,701
Depreciation and amortization expense	19,270			20,490			98,123
EBITDA	$	99,941		$	85,660		$	381,717
Non-cash items (a)	(229		)	(2,128		)	63
Acquisition, merger and other restructuring charges (b)	4,018			1,806			23,276
Other adjustment items (c)	723			4,535			21,040
Adjusted EBITDA	$	104,453		$	89,873		$	426,096
Last twelve months Adjusted EBITDA	$	440,676

(a) Non-cash items are comprised of the following:

(thousands of dollars)	Three months ended						Fiscal Year Ended
	March 31, 2013			March 25, 2012			December 30, 2012
Non-cash compensation charges (1)	$	175		$	300		$	850
Unrealized losses resulting from hedging activities (2)	(404		)	(2,428		)	(1,307		)
Other impairment charges (3)	—			—			520
Total non-cash items	$	(229	)	$	(2,128	)	$	63

 _________________

(1) For the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012, represents non-cash compensation charges related to the granting of equity awards.

(2) For the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012, represents non-cash gains and losses resulting from mark-to-market adjustments of obligations under foreign exchange and commodity derivative contracts.

(3) For the fiscal year ended December 30, 2012, represents a tradename impairment on Bernstein's.

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(b) Acquisition, merger and other restructuring charges are comprised of the following:

(thousands of dollars)	Three months ended				Fiscal Year Ended
	March 31, 2013		March 25, 2012		December 30, 2012
Expenses in connection with an acquisition or other non-recurring merger costs (1)	$	339	$	316	$	2,349
Restructuring charges, integration costs and other business optimization expenses (2)	3,481		1,385		19,911
Employee severance (3)	198		105		1,016
Total acquisition, merger and other restructuring charges	$	4,018	$	1,806	$	23,276

_________________

(1) For the three months ended March 31, 2013 and March 25, 2012 and the fiscal year ended December 30, 2012 primarily represents IPO related expenses and due diligence investigations.

(2) For the fiscal year ended December 30, 2012, primarily represents restructuring and restructuring related charges, consulting and business optimization expenses related to closures at our Tacoma, Washington, Fulton, New York, Green Bay, Wisconsin and Millsboro, Delaware facilities, as a result of footprint consolidation projects. For the three months ended March 31, 2013, primarily represents restructuring and restructuring related charges related to the closure of our Millsboro, Delaware facility and consulting and business optimization expenses related to the expansion of direct sales coverage for retailer headquarters to more than fifty percent of our U.S. retail business. For the three months ended March 25, 2012, primarily represents restructuring and restructuring related charges related to the closure of our Fulton, New York facility.

(3) For the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012, represents severance costs paid, or to be paid, to terminated employees.

(c) Other adjustment items are comprised of the following:

(thousands of dollars)	Three months ended				Fiscal Year Ended
	March 31, 2013		March 25, 2012		December 30, 2012
Management, monitoring, consulting and advisory fees (1)	$	723	$	1,311	$	4,707
Other (2)	—		3,224		16,333
Total other adjustments	$	723	$	4,535	$	21,040

_________________

(1) For the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012, represents management/advisory fees and expenses paid to an affiliate of Blackstone.

(2) For the fiscal year ended December 30, 2012, primarily represents $14.3 million of the premiums paid on the redemption of $150.0 million of 9.25% Senior Notes due 2015, the redemption of $199.0 million of 10.625% Senior Subordinated Notes due 2017 and the repurchase and retirement of $10.0 million of 9.25% Senior Notes due 2015. For the three months ended March 25, 2012 and the fiscal year ended December 30, 2012, this also includes costs for the recall of Aunt Jemima product of $3.2 million (before insurance recovery) and $2.1 million (after insurance recovery), respectively.

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As a result of the IPO and the April 2013 Refinancing, selected amounts in our financial statements would have been the following if these events occurred on March 31, 2013 for Balance Sheet purposes and December 31, 2012 for Statement of Operations purposes.

	As reported		As adjusted for the IPO and the April 2013 Refinancing
Total debt	$	2,600.7	$	1,998.3
Total equity	$	914.4	$	1,496.5
Interest expense	$	40.7	$	20.3

Total debt as adjusted results from payments using the IPO proceeds of $627.0 million, net of the proceeds from the refinancing of $50.0 million and associated fees and expenses. Total equity as adjusted is comprised of the IPO proceeds of $627.0 million, net of associated fees and expenses and fees and expenses related to the refinancing. Interest expense as adjusted is the result of lower rates on the refinanced debt.

Our covenant requirements and actual ratios for the twelve months ended March 31, 2013 are as follows, including ratios as adjusted for the IPO and Refinancing described in note 18 to the Financial Statements "Subsequent Events".

	Covenant Requirement	Actual Ratio	As adjusted for the IPO and the April 2013 Refinancing
Senior Secured Credit Facility
Net First Lien Leverage Ratio (1)	5.25 to 1.00	3.65	3.57
Total Leverage Ratio (2)	Not applicable	5.62	4.37
Senior Notes (3)
Minimum Adjusted EBITDA to fixed charges ratio required to incur additional debt pursuant to ratio provisions (4)	2.00 to 1.00	2.66	5.64

 _________________

(1) Pursuant to the terms of the Senior Secured Credit Facility, we are required to maintain a ratio of Net First Lien Secured Debt to Adjusted EBITDA of no greater than 5.25 to 1.00. Net First Lien Secured Debt is defined as our aggregate consolidated secured indebtedness secured on a first lien basis, less the aggregate amount of all unrestricted cash and cash equivalents.

(2) The Total Leverage Ratio is not a financial covenant but is used to determine the applicable rate under the Senior Secured Credit Facility. The Total Leverage Ratio is calculated by dividing consolidated total debt less the aggregate amount of all unrestricted cash and cash equivalents by Adjusted EBITDA.

(3) Our ability to incur additional debt and make certain restricted payments under the indentures governing the Senior Notes, subject to specified exceptions, is tied to an Adjusted EBITDA to fixed charges ratio of at least 2.00 to 1.

(4) Fixed charges is defined in the indentures governing the Senior Notes as (i) consolidated interest expense (excluding specified items) plus consolidated capitalized interest less consolidated interest income, plus (ii) cash dividends and distributions paid on preferred stock or disqualified stock.

Inflation

Historically, inflation did not have a significant effect on us as we had been successful in mitigating the effects of inflation with cost reduction and productivity programs. However inflation became more pronounced in 2011 and 2012, particularly in ingredient costs such as vegetables, flours, shortening/oils, beef, dairy, cocoa, corn sweeteners and energy. In the first quarter of 2013, inflation was far less pronounced compared to the first quarter of 2012, and it is expected to be less pronounced over the course of 2013. To the extent possible, we offset inflation with productivity programs. However, we spend approximately $1.1 billion each year on ingredients, therefore each 1% change in our weighted average ingredient costs would increase our Cost of products sold by approximately $11 million. If we experience significant inflation, price increases may be necessary in order to preserve our margins and returns. Severe increases in inflation could have an adverse impact on our business, financial condition and results of operations.

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Adjusted Gross Profit

Our management uses Adjusted gross profit as an operating performance measure. Adjusted gross profit is defined as gross profit before accelerated depreciation related to restructuring activities, certain non-cash items, acquisition, merger and other restructuring charges and other adjustments noted in the table below. We believe that the presentation of Adjusted gross profit is useful to investors because it is consistent with our definition of Adjusted EBITDA (defined above), a measure frequently used by securities analysts, investors and other interested parties in their evaluation of the operating performance of companies in industries similar to ours. In addition, we also use targets based on Adjusted gross profit as one of the components used to evaluate our management’s performance. Adjusted gross profit is not defined under GAAP, should not be considered in isolation or as substitutes for measures of our performance prepared in accordance with GAAP and is not indicative of gross profit as determined under GAAP.

The following table provides a reconciliation from our gross profit to Adjusted gross profit for the three months ended March 31, 2013 and March 25, 2012, and the fiscal year ended December 30, 2012.

(thousands of dollars)	Three months ended						Fiscal Year Ended
	March 31, 2013			March 25, 2012			December 30, 2012
Gross profit	$	154,841		$	135,677		$	584,549
Accelerated depreciation expense (a)	—			2,152			20,990
Non-cash items (b)	(381		)	(2,388		)	(1,194		)
Acquisition, merger or other restructuring charges (c)	1,789			1,394			16,934
Other adjustment items (d)	—			2,555			1,618
Adjusted gross profit	$	156,249		$	139,390		$	622,897

 _________________

(a) Reflects accelerated depreciation related to plant closures.

(b) Non-cash items are comprised of the following:

(thousands of dollars)	Three months ended						Fiscal Year Ended
	March 31, 2013			March 25, 2012			December 30, 2012
Non-cash compensation charges (1)	$	23		$	40		$	113
Unrealized losses (gains) resulting from hedging activities (2)	(404		)	(2,428		)	(1,307		)
Non-cash items	$	(381	)	$	(2,388	)	$	(1,194	)

 _________________

(1) Represents non-cash compensation charges related to the granting of equity awards.

(2) Represents non-cash gains and losses resulting from mark-to-market obligations under derivative contracts.

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(c) Acquisition, merger and other restructuring charges are comprised of the following:

(thousands of dollars)	Three months ended				Fiscal Year Ended
	March 31, 2013		March 25, 2012		December 30, 2012
Restructuring charges, integration costs and other business optimization expenses (1)	$	1,789	$	1,383	$	16,923
Employee severance and recruiting (2)	—		11		11
Total acquisition, merger and other restructuring charges	$	1,789	$	1,394	$	16,934

 _________________

(1) For the fiscal year ended December 30, 2012, primarily represents restructuring and restructuring related charges, consulting and business optimization expenses related to closures at our Tacoma, Washington, Fulton, New York, Green Bay, Wisconsin and Millsboro, Delaware facilities, as a result of footprint consolidation projects. For the three months ended March 31, 2013 and March 25, 2012, primarily represents restructuring and restructuring related charges, consulting and business optimization expenses related to closures at our Millsboro, Delaware (March, 2013) and Fulton, New York (March, 2012) facilities.

(2) Represents severance costs paid or accrued to terminated employees.

(d) Other adjustment items are comprised of the following:

(thousands of dollars)	Three months ended				Fiscal Year Ended
	March 31, 2013		March 25, 2012		December 30, 2012
Other (1)	$	—	$	2,555	$	1,618
Total other adjustments	$	—	$	2,555	$	1,618

 _________________

(1) For the three months ended March 25, 2012 and the fiscal year ended December 30, 2012, primarily represents costs for the recall of Aunt Jemima product, net of insurance recoveries.

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Contractual Commitments

Our contractual commitments consist mainly of payments related to long-term debt and related interest, operating and capital lease payments, certain take-or-pay arrangements entered into as part of the normal course of business and pension obligations. Refer to the “Contractual Commitments” section of the Management's Discussion and Analysis of Financial Condition and Results of Operations in our prospectus filed with the SEC on March 28, 2013 for details on our contractual obligations and commitments.

Off-Balance Sheet Arrangements

As of March 31, 2013, we did not have any off-balance sheet obligations.

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Accounting Policies and Pronouncements

In February 2013, the FASB issued Accounting Standards Update No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” (“ASU 2013-02”). This new guidance requires that we present either in a single note or parenthetically on the face of the financial statements, the effect of significant amounts reclassified from each component of accumulated other comprehensive income based on its source and the income statement line items affected by the reclassification. This guidance only impacts disclosures within the consolidated financial statements and notes to the consolidated financial statements and does not result in a change to the accounting treatment of Accumulated Other Comprehensive Income. We adopted this standard during the three month period ended March 31, 2013.

Critical Accounting Policies and Estimates

We have disclosed in "Management Discussion and Analysis of Financial Condition and Results of Operations" included in our prospectus filed on March 28, 2013, those accounting policies that we consider to be significant in determining our results of operations and financial condition. There have been no material changes to those policies that we consider to be significant since the filing of our annual report for the fiscal year ended December 30, 2012 on Form 10-K. We believe that the accounting principles utilized in preparing our unaudited consolidated financial statements conform in all material respects to GAAP.

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ITEM 3:     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

FINANCIAL INSTRUMENTS

Risk Management Strategy

We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates, foreign exchange rates or commodity prices. Please refer to Note 11 of the Consolidated Financial Statements "Financial Instruments" for additional details regarding our derivatives and refer to Note 9 of the Consolidated Financial Statements "Debt and Interest Expense" for additional details regarding our debt instruments. There were no significant changes in our exposures to market risk since December 30, 2012.

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ITEM 4.CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to provide reasonable assurance that information required to be disclosed by us in our reports that we file or submit under the Exchange Act (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to our management, with the participation of our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures. Any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2013. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that the design and operation of our disclosure controls and procedures are effective at a level of reasonable assurance.

Changes in Internal Control Over Financial Reporting

There was no change in our internal control over financial reporting (as defined in Rule 15d-15(f) of the Exchange Act) that occurred during the fiscal quarter ended March 31, 2013 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II

ITEM 1:LEGAL PROCEEDINGS

No material legal proceedings are currently pending.

ITEM 1A:RISK FACTORS

Our risk factors are summarized under the“Risk Factors” section of our prospectus filed on March 28, 2013. There have been no material changes to our risk factors since the filing of that prospectus.

ITEM 2:UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

On April 3 2013, the Company completed the initial public offering of 33,350,000 shares of common stock, including 4,350,000 common shares issued pursuant to the full exercise of the underwriters' option to purchase additional shares, at a price of $20.00 per share. The shares of common stock were registered under the Securities Act of 1933, as amended, on a registration statement on Form S-1 (Registration No. 333-185565). The registration statement was declared effective by the Securities and Exchange Commission on March 27, 2013. The offering commenced on March 15, 2012 and did not terminate before the sale of all of the securities registered and sold in the offering. As of the date of the filing of this report, the offering has terminated. Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC, UBS Securities LLC, Blackstone Advisory Partners L.P., BMO Capital Markets Corp., C.L. King & Associates, Inc., Janney Montgomery Scott LLC, Macquarie Capital (USA) Inc., Piper Jaffray & Co., Stephens Inc. and Stifel, Nicolaus & Company, Incorporated acted as underwriters for the offering.

We registered 33,350,000 shares of our common stock in connection with the initial public offering, including 4,350,000 shares subject to an over-allotment option that we granted to the underwriters. The aggregate price of the offering amount registered by the Company was $667,000,000. We sold an aggregate of 33,350,000 shares of our common stock in connection with the initial public offering, for an aggregate offering price of the amount sold of $667,000,000. In connection with the offering we paid the underwriters a discount of $1.20 per share, for a total underwriting discount of approximately $40 million. In addition, the Company incurred other expenses in connection with the offering which were paid from cash on hand, in the following amounts, all of which are estimates, except for the SEC registration fee, the Financial Industry Regulatory Authority (“FINRA”) filing fee and The New York Stock Exchange listing fee.

SEC registration fee	$	90,978
FINRA filing fee	100,550
The New York Stock Exchange listing fee	150,000
Printing fees and expenses	400,000
Legal fees and expenses	2,300,000
Blue sky fees and expenses	5,000
Registrar and transfer agent fees	50,000
Accounting fees and expenses	650,000
Miscellaneous expenses	253,472
Total	$	4,000,000

The proceeds of the sale of the shares, together with cash on hand, were used to pay down $667 million in outstanding debt. Specifically, the Company redeemed at par all $465 million in outstanding aggregate principal amount of the 9.25% Senior Notes co-issued by certain of the Company's subsidiaries and repaid $202 million of the Senior Secured Non-extended Term Loan B facility, maturing in April 2014, held by a subsidiary of the Company. There has been no material change in our planned use of proceeds from our initial public offering as described in our final prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b).

Blackstone Advisory Partners L.P, an affiliate of Blackstone, a holder of in excess of 10% of the Company's issued and outstanding common stock, acted as an underwriter for the offering and received a portion of the underwriting discount.

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Blackstone Advisory Partners L.P., or certain of its affiliates, were lenders under our Tranche B Non-Extended Term Loans due 2014 and, as a result, received a portion of the proceeds from the offering.

In connection with the offering, the Company terminated its Advisory Agreement and paid a termination fee equal to approximately $15.1 million to Blackstone Management Partners L.L.C., an affiliate of Blackstone and of Blackstone Advisory Partners L.P., with available cash on hand.

ITEM 3:DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4:MINE SAFETY DISCLOSURES

None

ITEM 5:OTHER INFORMATION

Pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (“ITRSHRA”), which added Section 13(r) of the Exchange Act, the Company hereby incorporates by reference herein Exhibit 99.1 of this report, which includes disclosures publicly filed and/or provided to Blackstone by Hilton Worldwide, Inc., SunGard Capital Corp., SunGard Capital Corp. II and SunGard Data Systems, Inc. (collectively referred to herein as “SunGard”), and Travelport Limited, which may be considered our affiliates.

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ITEM 6:     EXHIBITS

See the Exhibit Index immediately following the signature page hereto, which Exhibit Index is incorporated by reference as if fully set forth herein.

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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report contains “forward-looking statements.” All statements, other than statements of historical facts included in this report, including statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, financing needs, plans or intentions relating to acquisitions, business trends and other information referred to under “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Note 12. Commitments and Contingencies” are forward-looking statements. When used in this report, the words “estimates,” “expects,” “contemplates”, “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” “may,” “should” and variations of such words or similar expressions are intended to identify forward-looking statements. The forward-looking statements are not historical facts, and are based upon our current expectations, beliefs and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond our control. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.

There are a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from the forward-looking statements contained in this report. Such risks, uncertainties and other important factors include, among others, the risks, uncertainties and factors set forth in our prospectus filed with the SEC on March 28, 2013 under the section entitled “Risk Factors,” the section entitled “Management's Discussion and Analysis of Financial Condition and Results of Operations” in this report and the following risks, uncertainties and factors:

•competition;

•our ability to predict, identify, interpret and respond to changes in consumer preferences;

•our reliance on single source provider for the manufacturing, co-packing and distribution of many of our products;

•fluctuations in price and supply of food ingredients, packaging materials and freight;

• volatility in commodity prices and our failure to mitigate the risks related to commodity price fluctuation and foreign exchange risk through the use of derivative instruments;

• costs and timeliness of integrating future acquisitions or our failure to realize anticipated cost savings, revenue enhancements or other synergies therefrom;

•our substantial leverage;

•litigation or claims regarding our intellectual property rights or termination of our material licenses;

• our inability to drive revenue growth in our key product categories or to add products that are in faster growing and more profitable categories;

•potential product liability claims;

•seasonality;

•the funding of our defined benefit pension plans;

•changes in our collective bargaining agreements or shifts in union policy;

• changes in the cost of compliance with laws and regulations, including environmental, worker health and workplace safety laws and regulations;

•our failure to comply with FDA, USDA or FTC regulations and the impact of governmental budget cuts;

•disruptions in our information technology systems;

•future impairments of our goodwill and intangible assets;

•difficulty in the hiring or the retention of key management personnel;

•changes in tax statutes, tax rates, or case laws which impact tax positions we have taken; and

•Blackstone controlling us.

You should evaluate all forward-looking statements made in this report in the context of these risks and uncertainties.

We caution you that the risks, uncertainties and other factors referenced above may not contain all of the risks, uncertainties and other factors that are important to you. In addition, we cannot assure you that we will realize the results, benefits or developments that we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our business in the way expected. All forward-looking statements in this report apply only as of the date made and are expressly qualified in their entirety by the cautionary statements included in this report. We undertake no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

PINNACLE FOODS INC.

By:	/s/ Craig Steeneck
Name:	Craig Steeneck
Title:	Executive Vice President and Chief Financial Officer (Principal Financial Officer, Principal Accounting Officer and Authorized Officer)
Date:	May 15, 2013

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EXHIBIT INDEX

Exhibit Number	Description of exhibit
3.1	Form of Amended and Restated Certificate of Incorporation of Pinnacle Foods Inc. (previously filed as Exhibit 3.1 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844 and incorporated herein by reference)
3.2	Form of Amended and Restated Bylaws of Pinnacle Foods Inc. (previously filed as Exhibit 3.2 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844 and incorporated herein by reference)
4.1	Form of Stock Certificate for Common Stock. (previously filed as Exhibit 4.1 to the Registration Statement on Form S-1A of Pinnacle Foods Inc. filed with the SEC on March 6, 2013 (Commission File Number: 333-185565 and incorporated herein by reference)
4.2	Registration Rights Agreement among Pinnacle Foods Inc. and certain of its stockholders. (previously filed as Exhibit 4.1 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844 and incorporated herein by reference)
4.3	Stockholders Agreement of Pinnacle Foods Inc. (previously filed as Exhibit 4.2 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844 and incorporated herein by reference)
10.1	Termination of Securityholders' Agreement dated April 3, 2013 among Peak Holdings LLC, Pinnacle Foods Inc. and the other +parties hereto (previously filed as Exhibit 10.1 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844) and incorporated herein by reference)
10.2	Termination of Transaction and Advisory Fee Agreement Agreement dated April 3, 2013 among Pinnacle Foods Finance LLC and Blackstone Management Partners V L.L.C. (previously filed as Exhibit 10.2 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844) and incorporated herein by reference)
10.3+	Modification of the Pinnacle Foods Inc. (formerly Crunch Holding Corp.) 2007 Stock Incentive Plan Form of Nonqualified Stock Option Agreement (previously filed as Exhibit 10.42 to the Annual Report on Form 10-K of Pinnacle Foods Finance LLC filed with the SEC on March 5, 2013 (Commission File Number: 333-148297) and incorporated herein by reference).
10.4+	Form of Pinnacle Foods Inc. 2013 Omnibus Incentive Plan (previously filed as Exhibit 10.3 to the Current Report on Form 8-K of Pinnacle Foods Inc. filed with the SEC on April 3, 2013 (Commission File Number: 001-35844) and incorporated herein by reference).
10.5+	Form of Restricted Stock Agreement (Conversion Replacement Award) previously filed as Exhibit 10.45 to the Registration Statement on Form S-1A of Pinnacle Foods Inc. filed with the SEC on March 6, 2013) (Commission File Number: 333-185565)
10.6+	Form of Nonqualified Stock Option Agreement (previously filed as Exhibit 10.46 to the Registration Statement on Form S-1A of Pinnacle Foods Inc. filed with the SEC on March 6, 2013 (Commission File Number: 333-185565) and incorporated herein by reference).
10.7+*	Form of Restricted Stock Agreement under 2013 Omnibus Incentive Plan.
21.1	List of Subsidiaries (previously filed as Exhibit 10.46 to the Registration Statement on Form S-1 of Pinnacle Foods Inc. filed with the SEC on December 19, 2012 (Commission File Number: 333-185565) and incorporated herein by reference).
31.1*	Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer.
31.2*	Rule 13a-14(a)/15d-14(a) Certification of Executive Vice President and Chief Financial Officer.
32.1*	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (A)
32.2*	Certification of Executive Vice President and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (A)
99.1*	Section 13(r) Disclosure

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101.1* The following materials are formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Statements of Operations, (ii) the Consolidated Statements of Comprehensive Earnings, (iii) the Consolidated Balance Sheets, (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Member’s Equity, (vi) Notes to Consolidated Financial Statements, and (vii) document and entity information. (B)

*    Identifies exhibits that are filed as attachments to this document.

+     Identifies exhibits that consist of a management contract or compensatory plan or arrangement.

(A) Pursuant to Commission Release No. 33-8212, this certification will be treated as “accompanying” this Form 10-Q and not “filed” as part of such report for purposes of Section 18 of Exchange Act, or otherwise subject to the liability of Section 18 of the Exchange Act and this certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.

(B) Pursuant to Rule 406T of Regulation S-T, the Interactive Data files on Exhibit 101.1 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 133, as amended, are deemed not file for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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EX-10.7

EXHIBIT 10.7

PINNACLE FOODS INC.

2013 OMNIBUS INCENTIVE PLAN

RESTRICTED STOCK AWARD AGREEMENT

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”), is made effective as of the date set forth on the signature page (the “Signature Page”) attached hereto, between Pinnacle Foods Inc., a Delaware corporation or any successor thereto (the “Company”), and the participant identified on the Signature Page attached hereto (the “Participant”).

R E C I T A L S:

WHEREAS, the Company has adopted the Pinnacle Foods Inc. 2013 Omnibus Incentive Plan (the “Plan”), the terms of which Plan are incorporated herein by reference and made a part of this Agreement, and capitalized terms not otherwise defined herein shall have the same meanings as in the Plan; and

WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant the restricted stock award provided for herein (the “Restricted Stock Award”) to the Participant pursuant to the Plan and the terms set forth herein;

NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties agree as follows:

1.The Restricted Shares.

(a)Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, effective as of the Date of Grant specified on the Signature Page attached hereto, the Company hereby grants to the Participant an Award consisting of the number of shares of Restricted Stock (the “Restricted Shares”) set forth on the Signature Page attached hereto. The Restricted Shares shall vest and become nonforfeitable in accordance with Section 2 hereof.

2.Vesting of the Restricted Shares.

(a)So long as the Participant continues to be employed by the Company, the Restricted Shares shall become vested and exercisable with respect to 100% of the Restricted Shares on the third anniversary of the Date of Grant (such vested Restricted Shares, “Shares”). Notwithstanding any other provision of this Agreement to the contrary, in the event of a Change

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in Control, the Restricted Shares shall, to the extent not then vested or previously forfeited or cancelled, become fully vested.

(a)If the Participant’s employment with the Company is terminated for any reason, or if a Restrictive Covenant Violation (as defined in Section 3(a) below) occurs, the Restricted Shares shall, to the extent not then vested or previously forfeited, immediately become forfeited without any further action by the Company or the Participant, and without any payment of consideration therefor.

3.Restrictive Covenants.

(a)General. To the extent that the Participant and the Company (or an Affiliate of the Company) is a party to an employment agreement with the Company containing noncompetition, nonsolicitation, noninterference or confidentiality restrictions (or two or more such restrictions), those restrictions and related enforcement provisions under such employment agreement shall govern and the following provisions of Section 3(b) and Section 3(c) shall not apply. Participant acknowledges and recognizes the highly competitive nature of the businesses of the Company and its Affiliates and accordingly agrees, in Participant’s capacity as an equity holder in the Company, to the provisions of Section 3 of this Agreement (the “Restrictive Covenants”).

(b)Competitive Activity. (i) During the period commencing on the date hereof and ending on the later of (x) the date that is 12 months after the date the Participant’s employment with the Company and its Subsidiaries is terminated or (y) the last day of the period equal to the maximum number of years of base salary the Participant is entitled to receive as severance under any agreement with, or plan or policy of the Company or an Affiliate (the “Restricted Period”), the Participant agrees not to violate or cause to be violated, whether on the Participant’s own behalf or on behalf of or in conjunction with any other person or entity, directly or indirectly, any of the following prohibitions:

(ii)During the Restricted Period, the Participant will not solicit or assist in soliciting in a Competitive Business (as defined below) the business of any client or prospective client:

A.with whom the Participant had personal contact or dealings on behalf of the Company during the one-year period preceding the Participant’s termination of employment;

B.with whom employees directly reporting to the Participant (or the Participant’s direct reports) have had personal contact or dealings on behalf of the

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Company during the one year immediately preceding the Participant’s termination of employment; or

C.for whom the Participant had direct or indirect responsibility during the one year immediately preceding the Participant’s termination of employment.

(iii)During the Restricted Period, the Participant will not directly or indirectly:

A.engage in any business that is engaged in, or has plans to engage in, at any time during the Restricted Period, any activity that competes in the business of manufacturing and marketing food products that directly compete with the core brands of the Company as of the date of Participant’s Termination (and for such purpose, a “core brand” shall be any brand generating annual revenues in an amount equal to at least 5% of the Company’s annual revenues, in the fiscal year preceding the fiscal year of such date) in any geographical area that is within 100 miles from any geographical area where the Company or its Affiliates manufactures and markets its products or services (a “Competitive Business”);

B.enter the employ of, or render any services to, any Person (or any division or controlled or controlling affiliate of any Person) who or which engages in a Competitive Business;

C.acquire a financial interest in, or otherwise become actively involved with, any Competitive Business, directly or indirectly, as an individual, partner, shareholder, officer, director, principal, agent, trustee or consultant; or

D.interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement) between the Company or any of its Affiliates and customers, clients, suppliers, partners, members or investors of the Company or its Affiliates.

(iv)Notwithstanding anything to the contrary in this Agreement, the Participant may, directly or indirectly own, solely as an investment, securities of any Person engaged in a Competitive Business which are publicly traded on a national or regional stock exchange or on the over-the-counter market if the Participant (i) is not a controlling person of, or a member of a group which controls, such person and (ii) does not, directly or indirectly, own 5% or more of any class of securities of such Person.

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(v)During the Restricted Period, the Participant will not, whether on the Participant’s own behalf or on behalf of or in conjunction with any Person, directly or indirectly:

A.solicit or encourage any employee of the Company or its Affiliates to leave the employment of the Company or its Affiliates; or

B.hire any such employee who was employed by the Company or its Affiliates as of the date of the Participant’s termination of employment with the Company or who left the employment of the Company or its Affiliates coincident with, or within 120 days (one year in the case of any such employee who reported directly to the Participant immediately preceding the Participant’s termination of employment (or the Participant’s direct reports)) prior to or after, the termination of the Participant’s employment with the Company.

(vi)During the Restricted Period, the Participant will not, directly or indirectly, solicit or encourage to cease to work with the Company or its Affiliates any consultant then under contract with the Company or its Affiliates, is such action would result in the Company being disadvantaged. Any solicitation or hiring, that the Participant is not personally involved in, of an employee or former employee of the Company through general advertising shall not, of itself, be a breach of this Section 3(b)(v).

(vii)It is expressly understood and agreed that although the Participant and the Company consider the restrictions contained in this Section 3(b) to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in this Agreement is an unenforceable restriction against the Participant, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.

(viii)The period of time during which the provisions of this Section 3(b) shall be in effect shall be extended by the length of time during which the Participant is in breach of the terms hereof as determined by any court of competent jurisdiction on the Company's application for injunctive relief.

(c)Confidentiality. (i) The Participant will not at any time (whether during or after the Participant’s employment with the Company) (x) retain or use for the benefit, purposes or account of the Participant or any other person; or (y) disclose, divulge, reveal,

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communicate, share, transfer or provide access to any person outside the Company (other than its professional advisers who are bound by confidentiality obligations), any non-public, proprietary or confidential information --including without limitation trade secrets, know-how, research and development, software, databases, inventions, processes, formulae, technology, designs and other intellectual property, information concerning finances, investments, profits, pricing, costs, products, services, vendors, customers, clients, partners, investors, personnel, compensation, recruiting, training, advertising, sales, marketing, promotions, government and regulatory activities and approvals -- concerning the past, current or future business, activities and operations of the Company, its Subsidiaries or Affiliates and/or any third party that has disclosed or provided any of same to the Company on a confidential basis (“Confidential Information”) without the prior written authorization of the Board or the Chief Executive Officer of the Company.

(ii)“Confidential Information” shall not include any information that is (A) generally known to the industry or the public other than as a result of the Participant’s breach of this covenant or any breach of other confidentiality obligations by third parties; (B) made legitimately available to the Participant by a third party without breach of any confidentiality obligation; or (C) required by law to be disclosed (including via subpoena); provided that the Participant shall give prompt written notice to the Company of such requirement of law, disclose no more information than is so required, and cooperate, at the Company’s cost, with any attempts by the Company to obtain a protective order or similar treatment.

(iii)Except as required by law, the Participant will not disclose to anyone, other than the Participant’s immediate family and legal or financial advisors, the existence or contents of this Agreement (unless this Agreement shall be publicly available as a result of a regulatory filing made by the Company or its Affiliates) or otherwise is disclosed by the Company to any unaffiliated party that is not under a restriction of confidentiality at least as restrictive as this restriction upon the Participant; provided, that the Participant may disclose to any prospective future employer any the termination notice provisions under any agreement between the Participant and the Company (or an Affiliate of the Company) and the provisions of this Section 3(c) provided they agree to maintain the confidentiality of such terms.

(iv)Upon termination of the Participant’s employment with the Company for any reason, the Participant shall (x) cease and not thereafter commence use of any Confidential Information or intellectual property (including without limitation, any patent, invention, copyright, trade secret, trademark, trade name, logo, domain name or other source indicator) owned or used by the Company, its Subsidiaries or Affiliates; (y) immediately destroy, delete, or return to the Company, at the Company’s option, all originals and copies in any form or medium (including memoranda, books, papers, plans, computer files, letters and other data) in

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the Participant’s possession or control (including any of the foregoing stored or located in the Participant’s office, home, laptop or other computer, whether or not Company property) that contain Confidential Information or otherwise relate to the business of the Company, its Affiliates and Subsidiaries, except that the Participant may retain only those portions of any personal notes, notebooks and diaries that do not contain any Confidential Information and his or her rolodex (or other physical or electronic address book); and (z) fully cooperate with the Company regarding the delivery or destruction of any other Confidential Information not within the Participant’s possession or control of which the Participant is or becomes aware.

(d)Relief. Participant acknowledges and agrees that the Company’s remedies at law for a breach or threatened breach of any of the provisions of Section 3(b) of this Agreement or any similar provision applicable to Participant (or a material breach or material threatened breach of any of the provisions of Section 3(c) of this Agreement) (a “Restrictive Covenant Violation”) would be inadequate and the Company would suffer irreparable damages as a result of such Restrictive Covenant Violation. In recognition of this fact, Participant agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, the Company, without posting any bond, shall be entitled to cease making any payments or providing any benefit otherwise required by this Agreement and obtain equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available.

(e)Repayment of Proceeds. If a Restrictive Covenant Violation occurs, or the Participant breaches the confidentiality provisions of Section 3(c) of this Agreement, then the Participant shall be required (in addition to any other remedy available (on a non-exclusive basis), including Section (d) hereof) to pay to the Company, within ten business days following the first date on which such Restrictive Covenant Violation or breach of the confidentiality provisions occurred (or, if later, within ten business days following the Board’s actual knowledge of such Restrictive Covenant Violation or breach of the confidentiality provisions), an amount equal to the excess, if any, of (i) the aggregate after-tax proceeds (taking into account all amounts of tax that would be recoverable upon a claim of loss for payment of such proceeds in the year of repayment) the Participant received upon the sale or other disposition of, or distributions or dividends in respect of, the Restricted Shares over (ii) the aggregate cost paid by Participant to acquire such Shares, if any.

4.Certificates. Certificates evidencing the Shares may be issued by the Company and any such certificates shall be registered in the Participant’s name on the stock transfer books of the Company promptly after the date hereof, but shall remain in the physical custody of the Company or its designee at all times prior to the later of (x) the vesting of Restricted Shares pursuant to this Agreement, and (y) the expiration of any transfer restrictions set forth in this Agreement or otherwise applicable to the Shares. As soon as practicable

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following such time, certificates for the Shares shall be delivered to the Participant or to the Participant’s legal guardian or representative along with the stock powers relating thereto. No certificates shall be issued for fractional Shares. Notwithstanding the foregoing, the Company may elect to recognize the Participant’s ownership through uncertificated book entry. To the extent required by the Company, the Participant shall deliver to the Company a stock power, duly endorsed in blank, relating to the Restricted Shares that have not previously vested. However, the Company shall not be liable to the Participant for damages relating to any delays in issuing the certificates to the Participant, any loss by the Participant of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

5.Rights as a Stockholder. The Participant shall be the record owner of the Shares until or unless such Shares are forfeited pursuant to the terms of this Agreement, and as record owner shall be entitled to all rights of a common stockholder of the Company, including, without limitation, voting rights with respect to the Restricted Shares; provided that (i) any cash or in‑kind dividends paid with respect to the Restricted Shares shall be accumulated by the Company and shall be paid to the Participant only when, and if, such Restricted Shares shall become vested pursuant to the terms of this Agreement, and (ii) the Restricted Shares shall be subject to the limitations on transfer and encumbrance set forth in Section 8 of this Agreement.

6.Legend. To the extent applicable, all book entries (or certificates, if any) representing the Shares delivered to the Participant as contemplated by Section 1 above shall be subject to the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such Shares are listed, and any applicable Federal or state laws, and the Committee may cause notations to be made next to the book entries (or a legend or legends put on certificates, if any) to make appropriate reference to such restrictions. Any such book entry notations (or legends on certificates, if any) shall include a description to the effect of the restrictions set forth in Section 8 below.

7.No Right to Continued Employment. Neither the Plan nor this Agreement nor the granting of the Restricted Shares evidenced impose any obligation on the Company or any Affiliate to continue the employment or consulting relationship of the Participant. Further, the Company or any Affiliate may at any time dismiss the Participant or discontinue any consulting relationship, free from any liability or any claim under the Plan or this Agreement, except as otherwise expressly provided herein.

8.Transfer Restrictions; Lock-up.

(a)The Restricted Shares may not, at any time prior to becoming vested pursuant to the terms of this Agreement, be Transferred and any such purported Transfer shall be void and unenforceable against the Company or any Affiliate; provided that the designation of a

075529-0019-13471-13873967

8

beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance.

“Transfer” shall mean (in either the noun or the verb form, including with respect to the verb form, all conjugations thereof within their correlative meanings) with respect to any security, the gift, sale, assignment, transfer, pledge, hypothecation or other disposition (whether for or without consideration, whether directly or indirectly, and whether voluntary, involuntary or by operation of law) of such security or any interest therein.

9.Integration. This Agreement and the documents referred to herein or delivered pursuant hereto which form a part hereof, including the Restrictive Covenants, contain the entire understanding of the parties with respect to the subject matter hereof and thereof, provided that if the Company or its Affiliates is a party to one or more agreements with the Participant related to the matters subject to Section 3, such other agreements shall remain in full force and effect and continue in addition to this Agreement and nothing in this Agreement or incorporated by reference shall supersede or replace any other confidentiality, non-competition, non-solicitation, non-disparagement or similar agreement entered into between the Participant and the Company (or any subsidiary or Affiliate) to the extent that such agreement is more protective of the business of the Company or any subsidiary or Affiliate), and provided, further, that to the extent a Participant is party to any agreement that would, by its terms, vary the terms of this Agreement (other than with respect to the matters subject to Section 3 hereof) or provide more favorable rights and remedies to the Participant, such terms will be deemed amended and shall not apply to the Incentive Units acquired herein. There are no restrictions, agreements, promises, representations, warranties, covenants or undertakings with respect to the subject matter hereof other than those expressly set forth herein and therein. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter, subject to the proviso in the first sentence of this Section.

10.Withholding. (a)    The Participant shall be required to pay to the Company or any Affiliate and the Company shall have the right and is hereby authorized to withhold, from any Shares or from any compensation (including from payroll or any other amounts payable to the Participant) the amount (in cash, Shares, or other property) of any required withholding taxes in respect of the Shares, their grant or vesting or any payment or transfer with respect to the Shares at the minimum applicable statutory rates, and to take such action as may be necessary in the opinion of the Committee to satisfy all obligations for the payment of such withholding taxes.

(b)Without limiting the generality of the foregoing, to the extent permitted by the Committee, the Participant may satisfy, in whole or in part, the foregoing withholding liability (i) by delivery of Shares held by the Participant (which are fully vested and not subject

075529-0019-13471-13873967

9

to any pledge or other security interest) or (ii) by having the Company withhold from the number of Shares otherwise deliverable to the Participant hereunder Shares with a fair market value not in excess of the statutory minimum withholding liability. The Participant agrees to make adequate provision for any sums required to satisfy all applicable federal, state, local and foreign tax withholding obligations of the Company which may arise in connection with this Restricted Stock Award.

11.Securities Laws; Cooperation. Upon the vesting of any Restricted Shares, the Participant will make or enter into such written representations, warranties and agreements as the Committee may reasonably request in order to comply with applicable securities laws, the Plan or with this Agreement. Participant further agrees to cooperate with the Company in taking any action reasonably necessary or advisable to consummate the transactions contemplated by this Agreement.

12.Notices. Any notice necessary under this Agreement shall be addressed to the Company in care of its Secretary at the principal executive office of the Company and to the Participant at the address appearing in the personnel records of the Company for such Participant or to either party at such other address as either party hereto may hereafter designate in writing to the other. Any such notice shall be deemed effective upon receipt thereof by the addressee.

13.Choice of Law; Jurisdiction; Venue. This Grant shall be governed by and construed in accordance with the laws of the state of Delaware without regard to conflicts of laws. Any suit, action or proceeding with respect to this Agreement (or any provision incorporated by reference), or any judgment entered by any court in respect of any thereof, shall be brought in any court of competent jurisdiction in the state of New York or the State of Delaware, and each of the Participant, the Company, and any transferees hereby submits to the exclusive jurisdiction of such courts for the purpose of any such suit, action, proceeding, or judgment. Each of the Participant, the Company, and any transferees hereby irrevocably waives (a) any objections which it may now or hereafter have to the laying of the venue of any suit, action, or proceeding arising out of or relating to this Agreement (or any provision incorporated by reference) brought in any court of competent jurisdiction in the state of Delaware, (b) any claim that any such suit, action, or proceeding brought in any such court has been brought in any inconvenient forum and (c) any right to a jury trial.

14.Shares Subject to Plan. By entering into this Agreement, the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. The Shares granted hereunder are subject to the Plan. The terms and provisions of the Plan, as it may be amended from time to time, are hereby incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.

075529-0019-13471-13873967

10

15.Signature in Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.

[Signatures on next page.]

075529-0019-13471-13873967

IN WITNESS WHEREOF, this Agreement has been executed and delivered by the parties hereto as of this March 27, 2013.

Date of Grant: March 27, 2013

Restricted Shares:

Participant

____________________________________

Name:

[Signature Page – Restricted Stock Award Agreement]

075529-0019-13471-13873967

Agreed and accepted:

PINNACLE FOODS INC.

	/s/ Kelley Maggs
By:	Kelley Maggs
Its:	EVP - General Counsel

075529-0019-13471-13873967

EX-31.1

Exhibit 31.1

CERTIFICATION

I, Robert J. Gamgort, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Pinnacle Foods Inc. (the “Registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	May 15, 2013
	/s/ ROBERT J. GAMGORT
	Robert J. Gamgort
	Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION

I, Craig Steeneck, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Pinnacle Foods Inc. (the “Registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	May 15, 2013
	/s/ CRAIG STEENECK
	Craig Steeneck
	Executive Vice President and Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Pinnacle Foods Inc. (the “Registrant”) on Form 10-Q for the fiscal quarter ended March 31, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Robert J. Gamgort, Chief Executive Officer of the Registrant, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Date:	May 15, 2013
	/s/ ROBERT J. GAMGORT
	Robert J. Gamgort
	Chief Executive Officer

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Pinnacle Foods Inc. (the “Registrant”) on Form 10-Q for the fiscal quarter ended March 31, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Craig Steeneck, Chief Financial Officer of the Registrant, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Date:	May 15, 2013
	/s/ CRAIG STEENECK
	Craig Steeneck
	Executive Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

Section 13(r) Disclosure

Hilton Worldwide, Inc. (“Hilton”), which may be considered our affiliate, provided the disclosure reproduced below. We have not independently verified or participated in the preparation of this disclosure.

“During the reporting period, the Iranian Ministry of Youth and Sports purchased a number of room nights at the Hilton Ankara, Turkey, which is leased by a foreign affiliate of Hilton. Revenue received by Hilton for these hotel stays was approximately $4,360 and net profit was approximately $1,700. During calendar year 2012, the Embassy of Iran purchased a number of room nights at the hotel and organized a concert event in the hotel ballroom. Revenue received by Hilton for the services provided to the Embassy of Iran in 2012 was approximately $11,070 and net profit was approximately $4,300. Hilton believes that the hotel stays were exempt from the Iranian Transactions and Sanctions Regulations, 31 C.F.R. Part 560, pursuant to the International Emergency Economic Powers Act (“IEEPA”). The Hilton Ankara intends to continue engaging in future similar transactions to the extent they remain permissible under IEEPA.

Also during the reporting period, certain individual employees at two Hilton-branded hotels in the United Arab Emirates received routine wage payments as direct deposits to their personal accounts at Bank Melli, an entity identified on the Specially Designated Nationals and Blocked Persons List (“SDN List”) maintained by the Office of Foreign Assets Control in the U.S. Department of the Treasury. In addition, certain individual employees at these hotels received routine wage payments as direct deposits to their personal accounts at Bank Melli during calendar year 2012. Both of these hotels are owned by a third party, staffed by employees of the third-party owner and operated pursuant to a management agreement between the owner and a Hilton affiliate. In each case, these payments originated from the third-party owner's account to the personal accounts of the employees at their chosen bank. No revenues or net profits are associated with these transactions. Both hotels have advised Hilton that they will discontinue making direct deposits to accounts at Bank Melli.

During the reporting period, several individuals stayed at the DoubleTree Kuala Lumpur, Malaysia, pursuant to a rate agreement between the hotel and Mahan Air, an entity identified on the SDN List. This hotel is staffed by employees of the third-party owner and operated pursuant to a management agreement between the owner and a Hilton affiliate. Under the agreement, which was entered into in the name of the owner, the hotel reserved a number of rooms for Mahan Air crew members at the DoubleTree Kuala Lumpur several times each week. Revenue received by Hilton attributable to Mahan Air crew hotel stays during the reporting period was approximately $1,550. The DoubleTree Kuala Lumpur also reserved a number of rooms for Mahan Air crew members during calendar year 2012. Revenue received by Hilton attributable to Mahan Air crew hotel stays in 2012 was approximately $3,820. Hilton considers its net profit on management fees to be approximately the same as its revenue. The DoubleTree Kuala Lumpur has terminated the agreement and does not intend to engage in any future transactions with Mahan Air.”

SunGard Capital Corp., SunGard Capital Corp. II and SunGard Data Systems Inc. (collectively referred to herein as “SunGard”), which may be considered our affiliates, provided the disclosure reproduced below in connection with activities during the first fiscal quarter of 2013. We have not independently verified or participated in the preparation of this disclosure.

“As previously reported on our Annual Report on Form 10-K for the year ended December 31, 2012, pursuant to Section 13(r)(1) (D)(i) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), during 2012 a U.K. subsidiary of ours provided certain limited disaster recovery services and hosted co-location of some hardware at our premises in London for Bank Saderat PLC, a bank incorporated and based in the U.K. Bank Saderat PLC is identified on the U.S. Treasury Department's List of Specially Designated Nationals and Blocked Persons pursuant to Executive Order No. 13224. Our subsidiary terminated this contract in the first quarter of 2013, and we do not otherwise intend to enter into any Iran-related activity. The gross revenue and net profits attributable to these activities in the first quarter of 2013 were less then £5,000 each.”

Additionally, after we filed our Form 10-K for fiscal year 2012, SunGard included the disclosure reproduced below in its Form 10-K for fiscal year 2012. We have not independently verified or participated in the preparation of this disclosure.

“Pursuant to Section 13(r)(1)(D)(i) of the Exchange Act, we note that during 2012 a U.K. subsidiary of ours provided certain limited disaster recovery services and hosted co-location of some hardware at our premises in London for Bank Saderat PLC, a bank incorporated and based in the UK. Bank Saderat PLC is identified on the U.S. Treasury Department's List of Specially Designated Nationals and Blocked Persons pursuant to Executive Order No. 13224. The intent of the services was to facilitate the ability of the UK-based employees of Bank Saderat PLC to continue local operations in the event of a disaster or other unplanned event in the UK, including use of shared work space and recovery of the Bank's local UK data. The gross revenue and net profits attributable to these activities in 2012 was £16,300 and approximately £5,700, respectively. During 2012, no disaster or unplanned event occurred causing Bank Saderat PLC to make use of our recovery facilities in London, but Bank Saderat PLC did perform annual testing on-site. Our subsidiary has terminated this contract in the first quarter of 2013, and we do not otherwise intend to enter into any Iran-related activity.”

Travelport Limited (“Travelport”), which may be considered our affiliate, provided the disclosure reproduced below in connection with activities during the first fiscal quarter of 2013. We have not independently verified or participated in the preparation of this disclosure.

“As part of our global business in the travel industry, we provide certain passenger travel-related GDS and airline IT services to Iran Air. We also provide certain airline IT services to Iran Air Tours. All of these services are either exempt from applicable sanctions prohibitions pursuant to a statutory exemption permitting transactions ordinarily incident to travel or, to the extent not otherwise exempt, specifically licensed by the U.S. Office of Foreign Assets Control. Subject to any changes in the exempt/licensed status of such activities, we intend to continue these business activities, which are directly related to and promote the arrangement of travel for individuals.”

Travelport has not provided us with gross revenues and net profits attributable to the activities described above.

XML

Summary Of Business Activities (Details) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 18, 2013	Dec. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Common stock par value	$ 0.01		$ 0.01
Common Stock Split		0
Number of Operating Segments	3
Percent of Peak Finance Holdings LLC owned by Pinnacle Foods Inc	100.00%
Percent of Pinnacle Foods Finance owned by Peak Finance Holdings LLC	100.00%
Percent of Peak Holdings LLC owned by The Blackstone Group	99.00%
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	5,192,974

XML

Balance Sheet Information Schedule of Inventories (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Inventory, Net [Abstract]
Raw materials, containers and supplies	$ 68,371	$ 50,919
Finished product	257,755	307,132
Total	$ 326,126	$ 358,051

XML

Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share 2013 Omnibus Plan Narrative (Details) (2013 Omnibus Plan [Member])	0 Months Ended	3 Months Ended
	Mar. 27, 2013	Mar. 31, 2013 Stock Options [Member]	Mar. 31, 2013 Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized	11,300,000
Number of Shares Granted		2,310,000
Vesting Period	3 years
Awards delivered			82,460

XML

Debt And Interest Expense Senior Notes and Senior Subordinated Notes (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	0 Months Ended		3 Months Ended		0 Months Ended			3 Months Ended		3 Months Ended
	Mar. 31, 2013	Sep. 21, 2012 Senior Notes [Member] 9.25% Senior Notes due 2015	Dec. 23, 2009 Senior Notes [Member] 9.25% Senior Notes due 2015	Mar. 31, 2013 Senior Notes [Member] 9.25% Senior Notes due 2015	Apr. 02, 2007 Senior Notes [Member] 9.25% Senior Notes due 2015	Sep. 21, 2012 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Apr. 19, 2012 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Apr. 02, 2007 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Mar. 31, 2013 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]	Aug. 17, 2010 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]	Mar. 31, 2013 Secured Debt [Member] 10.625% Senior Subordinated Notes due 2017
Debt Instrument [Line Items]
Debt issue amount					$ 325.0			$ 250.0		$ 400.0
Fixed interest rate					9.25%			10.625%		8.25%
Amount required to accelerate maturity dates				150.0					150.0
Additional borrowings issued			300.0
Early redemption percent of principal amount plus the applicable premium as of, and accrued and unpaid interest to, the redemption date									100.00%
Early redemption applicable premuim percent of principal amount of note									1.00%
Basis points added to the interest rate									0.50%
Amount of debt redeemed		150.0					199.0
Redemption prices, percent of outstaniding principal		102.313%					105.313%
Total redemption price of the Senior Subordinated Notes						160.0	210.6
Accrued interest paid as part of the Senior Subordinated Notes redemption						6.5	1.0
Make whole premium paid as part of the Senior Subordinated Notes redemption						3.5	10.6
Cash paid for redemption of the Senior Subordinated Notes	127.8
Proceeds from Issuance of Secured Debt											$ 82.8
Early redemption percent the Company may redeem up to the aggregate principal amount through September 1, 2013									35.00%
Early redemption percent of principal amount plus accrued and unpaid interest if any to redeem until September 1, 2013									108.25%
Early redemption percent of principal amount of note required to be outstanding immediately after the occurence of each such redemption									50.00%
Period each redemption is required to occur after the closing of each such equity offering									90 days

XML

Balance Sheet Information Schedule of Other Current Assets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 12,010	$ 5,954
Prepaid income taxes	200	578
Assets held for sale	4,256	5,330
Total	$ 16,466	$ 11,862

XML

Financial Instruments Schedule of derivative instruments not designated in qualifying hedging relationships (Details) (Not Designated as Hedging Instrument)	Mar. 31, 2013 gal
Diesel Fuel Contracts
Derivative [Line Items]
Number of Instruments	1
Notional Amount	662,461
Price/Index, Floor Price	3.64
Price/Index, Cap Price	3.64
Corn Contracts
Derivative [Line Items]
Number of Instruments	4
Notional Amount	780,000
Price/Index, Floor Price	6.85
Price/Index, Cap Price	7.82

XML

Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Summary of Equity Option Transactions (Details) (Two Thousand and Seven Stock Incentive Plan [Member], USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 30, 2012
Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding, Beginning balance	436,486
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 9.99
Weighted Average Fair Value at Grant Date, Outstanding, Beginning balance	$ 3.97	$ 3.97
Weighted Average Remaining Life, Outstanding, Beginning balance	6 years 0 months 11 days	6 years 2 months 19 days
Aggregate Intrinsic Value, Outstanding, Beginning balance	$ 1,642
Number of Shares Granted	0
Weighted Average Exercise Price of Grants	$ 0.00
Weighted Average Fair Value of Grants	$ 0.00
Number of Shares Exercised	(6,022)
Weighted Average Exercise Price of Exercised Grants	$ 8.77
Weighted Average Fair Value of Exercised Grants	$ 4.10
Number of Shares Forfeited	(8,949)
Weighted Average Exercise Price of Forfeited Grants	$ 8.96
Weighted Average Fair Value of Forfeited Grants	$ 2.66
Number of Shares, Outstanding, Ending Balance	421,515	436,486
Weighted Average Exercise Price, Outstanding, Ending Balance	$ 10.03	$ 9.99
Weighted Average Fair Value at Grant Date, Outstanding, Ending balance	$ 3.97	$ 3.97
Weighted Average Remaining Life, Outstanding, Ending balance	6 years 0 months 11 days	6 years 2 months 19 days
Aggregate Intrinsic Value, Outstanding,Ending balance	5,134	1,642
Number of Shares, Exercisable, Ending Balance	178,274
Weighted Average Exercise Price, Exercisable, Ending Balance	$ 9.01
Weighted Average Fair Value at Grant Date, Exercisable, Ending Balance	$ 4.04
Weighted Average Remaining Life, Exercisable, Ending Balance	5 years 0 months 11 days
Aggregate Intrinsic Value, Exercisable, Ending Balance	$ 2,353

XML

Debt And Interest Expense (Tables)

3 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Schedule of Long-term and Short-term Debt Instruments

	March 31, 2013			December 30, 2012
Short-term borrowings
- Notes payable	$	1,831		$	2,139
Total short-term borrowings	$	1,831		$	2,139
Long-term debt
- Senior Secured Credit Facility - Tranche B Non Extended Term Loans due 2014	$	240,139		$	243,264
- Senior Secured Credit Facility - Tranche B Extended Term Loans due 2016	634,700			637,906
- Senior Secured Credit Facility - Tranche E Term Loans due 2018	396,000			398,000
- Senior Secured Credit Facility - Tranche F Term Loans due 2018	446,625			448,875
- 9.25% Senior Notes due 2015	465,000			465,000
- 8.25% Senior Notes due 2017	400,000			400,000
- Unamortized discount on long term debt	(6,915		)	(7,230		)
- Capital lease obligations	25,108			20,990
	2,600,657			2,606,805
Less: current portion of long-term obligations	14,832			30,419
Total long-term debt	$	2,585,825		$	2,576,386

Schedule of Interest expense

Interest expense	Three months ended
	March 31, 2013		March 25, 2012
Interest expense, third party	$	37,520	$	41,230
Related party interest expense (Note 13)	579		1,331
Amortization of debt acquisition costs (Note 7)	1,713		2,559
Amortization of deferred mark-to-market adjustment on terminated swaps (Note 11)	—		413
Interest rate swap losses (Note 11)	844		4,079
Total interest expense	$	40,656	$	49,612

Schedule of applicable margins with respect to the Senior Secured Credit Facility

The applicable margins with respect to the Senior Secured Credit Facility as of March 31, 2013 were:

Applicable Margin (per annum)

Revolving Credit Facility and Letters of Credit			Tranche B Non Extended Term Loans		Tranche B Extended Term Loans
Eurocurrency Rate	Base Rate	Commitment Fees Rate	Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
3.50%	2.50%	0.50%	2.50%	1.50%	3.50%	2.50%
			Tranche E Term Loans		Tranche F Term Loans
			Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
			3.50%	2.50%	3.50%	2.50%

Schedule of Early Redemption Prices Of Long-term Debt Instruments

currently may redeem the 8.25% Senior Notes at the redemption prices listed below, if redeemed during the twelve-month period beginning on September 1^st of each of the years indicated below:

8.25% Senior Notes
Year	Percentage
2013	106.188%
2014	104.125%
2015	102.063%
2016 and thereafter	100.000%

Schedule of the estimated fair value of the Company's long-erm debt, including the current portion

The estimated fair value of the Company’s long-term debt, including the current portion, as of March 31, 2013, is as follows:

	March 31, 2013
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	$	240,139	$	240,739
Senior Secured Credit Facility - Tranche B Extended Term Loans	634,700		639,460
Senior Secured Credit Facility - Tranche E Term Loans	396,000		399,960
Senior Secured Credit Facility - Tranche F Term Loans	446,625		451,091
9.25% Senior Notes	465,000		465,581
8.25% Senior Notes	400,000		430,000
	$	2,582,464	$	2,626,831

The estimated fair value of the Company’s long-term debt, including the current portion, as of December 30, 2012, is as follows:

	December 30, 2012
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	243,264		244,480
Senior Secured Credit Facility - Tranche B Extended Term Loans	637,906		641,095
Senior Secured Credit Facility - Tranche E Term Loans	398,000		400,985
Senior Secured Credit Facility - Tranche F Term Loans	448,875		452,242
9.25% Senior Notes	465,000		471,975
8.25% Senior Notes	400,000		427,000
	$	2,593,045	$	2,637,777

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Financial Instruments Schedule of the fair value of derivatives financial instruments as well as their Consolidated Balance Sheets classification (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Assets		$ 525
Derivative Liabilities	153	682
Accrued liabilities | Commodity Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Liabilities	153	682
Other curent assets | Commodity Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Assets		525
Derivative Liabilities	398
Cash Flow Hedging | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Assets	1,182	638
Derivative Liabilities	3,074	3,807
Cash Flow Hedging | Other curent assets | Foreign Exchange Contracts | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Assets	1,182	605
Cash Flow Hedging | Other assets, net | Foreign Exchange Contracts | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Assets		33
Cash Flow Hedging | Other long-term liabilities | Interest Rate Contracts | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative Liabilities	$ 3,074	$ 3,807

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Pension And Retirement Plans Narrative (Details)	3 Months Ended
	Mar. 31, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Number of defined benefit plans	2
Number of qualified 401(k) plans	2

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Guarantor And Nonguarantor Statements Statements Of Operations And Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 612,981	$ 616,925
Cost of products sold	458,140	481,248
Gross profit	154,841	135,677
Operating expenses
Marketing and selling expenses	45,628	44,000
Cost of products sold	22,558	20,614
Research and development expenses	2,327	2,207
Intercompany royalties	0	0
Intercompany technical service fees	0	0
Other expense (income), net	3,657	3,686
Equity in (earnings) loss of investees	0	0
Total operating expenses	74,170	70,507
Earnings (loss) before interest and taxes	80,671	65,170
Intercompany interest (income) expense	0	0
Interest expense	40,656	49,612
Interest income	3	58
Earnings before income taxes	40,018	15,616
Provision for income taxes	15,222	6,077
Net earnings	24,796	9,539
Total comprehensive earnings (loss)	25,919	9,603
Pinnacle Foods Finance LLC
Condensed Financial Statements, Captions [Line Items]
Net sales	0	0
Cost of products sold	0	0
Gross profit	0	0
Operating expenses
Marketing and selling expenses	0	0
Cost of products sold	0	0
Research and development expenses	0	0
Intercompany royalties	0	0
Intercompany technical service fees	0	0
Other expense (income), net	0
Equity in (earnings) loss of investees	24,796	9,539
Total operating expenses	(24,796)	(9,539)
Earnings (loss) before interest and taxes	24,796	9,539
Intercompany interest (income) expense	0	0
Interest expense	0	0
Interest income	0	0
Earnings before income taxes	24,796	9,539
Provision for income taxes	0	0
Net earnings	24,796	9,539
Total comprehensive earnings (loss)	25,919	9,603
Debt Issuing Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales	0	0
Cost of products sold	12	54
Gross profit	(12)	(54)
Operating expenses
Marketing and selling expenses	70	121
Cost of products sold	578	1,019
Research and development expenses	5	9
Intercompany royalties	0	0
Intercompany technical service fees	0	0
Other expense (income), net	0	0
Equity in (earnings) loss of investees	35,425	25,769
Total operating expenses	(34,772)	(24,620)
Earnings (loss) before interest and taxes	34,760	24,566
Intercompany interest (income) expense	(23,290)	(23,423)
Interest expense	40,080	48,956
Interest income	0	0
Earnings before income taxes	17,970	(967)
Provision for income taxes	(6,826)	(10,506)
Net earnings	24,796	9,539
Total comprehensive earnings (loss)	25,919	9,603
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	606,581	612,279
Cost of products sold	454,483	477,300
Gross profit	152,098	134,979
Operating expenses
Marketing and selling expenses	43,901	42,924
Cost of products sold	21,063	18,804
Research and development expenses	2,322	2,198
Intercompany royalties	0	0
Intercompany technical service fees	0	0
Other expense (income), net	3,657	3,686
Equity in (earnings) loss of investees	89	(773)
Total operating expenses	70,854	68,385
Earnings (loss) before interest and taxes	81,244	66,594
Intercompany interest (income) expense	23,258	23,393
Interest expense	569	649
Interest income	2	58
Earnings before income taxes	57,419	42,610
Provision for income taxes	21,994	16,841
Net earnings	35,425	25,769
Total comprehensive earnings (loss)	36,109	25,160
Nonguarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	20,616	18,463
Cost of products sold	17,565	17,483
Gross profit	3,051	980
Operating expenses
Marketing and selling expenses	1,657	955
Cost of products sold	917	791
Research and development expenses	0	0
Intercompany royalties	9	13
Intercompany technical service fees	287	215
Other expense (income), net	0	0
Equity in (earnings) loss of investees	0	0
Total operating expenses	2,870	1,974
Earnings (loss) before interest and taxes	181	(994)
Intercompany interest (income) expense	32	30
Interest expense	7	7
Interest income	1	0
Earnings before income taxes	143	(1,031)
Provision for income taxes	54	(258)
Net earnings	89	(773)
Total comprehensive earnings (loss)	493	(1,322)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(14,216)	(13,817)
Cost of products sold	(13,920)	(13,589)
Gross profit	(296)	(228)
Operating expenses
Marketing and selling expenses	0	0
Cost of products sold	0	0
Research and development expenses	0	0
Intercompany royalties	(9)	(13)
Intercompany technical service fees	(287)	(215)
Other expense (income), net	0	0
Equity in (earnings) loss of investees	(60,310)	(34,535)
Total operating expenses	60,014	34,307
Earnings (loss) before interest and taxes	(60,310)	(34,535)
Intercompany interest (income) expense	0	0
Interest expense	0	0
Interest income	0	0
Earnings before income taxes	(60,310)	(34,535)
Provision for income taxes	0	0
Net earnings	(60,310)	(34,535)
Total comprehensive earnings (loss)	$ (62,521)	$ (33,441)

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Balance Sheet Information Schedule of Accrued Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Accrued Liabilities, Current [Abstract]
Employee compensation and benefits	$ 62,827	$ 53,373
Interest payable	30,617	28,116
Customer Coupons	5,284	3,346
Accrued restructuring charges (see note 7)	9,209	10,480
Accrued financial instrument contracts (see note 10)	153	682
Other	22,039	23,272
Total	$ 130,129	$ 119,269

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Financial Instruments Schedule of Interest Rate Swaps (Details) (Cash Flow Hedging, Designated as Hedging Instrument, Interest Rate Swap, USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013
Cash Flow Hedging | Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Number of Instruments	2
Notional Amount	$ 900,000
Interest Rate Swaps, Fixed Rate Range, Lower	0.58%
Interest Rate Swaps, Fixed Rate Range, Upper	0.58%
Ineffective portion of the change in fair value recognized directly in earning, estimated for next twelve months	$ 2,778

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Taxes on Earnings Narrative (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 25, 2012	Dec. 30, 2012
Income Tax Disclosure [Abstract]
Tax benefit from tax credits reinstated from The American Taxpayer Relief Act of 2012			$ 400,000
Change in valuation allowance	$ 0	$ 0

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Financial Instruments Schedule of aggregate fair values of derivatives that contain credit risk-related contingent features (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Credit Derivatives [Line Items]
Termination Value	$ (1,955)	$ (3,648)
Performance Risk Adjustment	44	66
Accrued Interest	(264)	(256)
Fair Value (excluding interest)	(1,647)	(3,326)
Barclays | Commodity Contract
Credit Derivatives [Line Items]
Termination Value	(245)	158
Performance Risk Adjustment	0	0
Accrued Interest	0	0
Fair Value (excluding interest)	245	(158)
Cash Flow Hedging | Barclays | Interest Rate Contracts
Credit Derivatives [Line Items]
Termination Value	1,691	2,063
Performance Risk Adjustment	22	31
Accrued Interest	132	128
Fair Value (excluding interest)	(1,537)	(1,904)
Cash Flow Hedging | Credit Suisse | Interest Rate Contracts
Credit Derivatives [Line Items]
Termination Value	1,691	2,063
Performance Risk Adjustment	22	32
Accrued Interest	132	128
Fair Value (excluding interest)	(1,537)	(1,903)
Cash Flow Hedging | Credit Suisse | Foreign Exchange Contracts
Credit Derivatives [Line Items]
Termination Value	(1,182)	(636)
Performance Risk Adjustment	0	3
Accrued Interest	0	0
Fair Value (excluding interest)	$ 1,182	$ 639

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Guarantor And Nonguarantor Statements Narrative (Details)	3 Months Ended
	Mar. 31, 2013	Apr. 02, 2007 Senior Notes [Member] 9.25% Senior Notes due 2015	Aug. 17, 2010 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Fixed interest rate		9.25%	8.25%
Percent owned domestic subsidiaries that guarantee other indebtedness of the Company	100.00%

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Financial Instruments Schedule of Foreign Currency Exchange Contracts (Details) (Cash Flow Hedging, Designated as Hedging Instrument, CAD Forward, USD $) In Thousands, unless otherwise specified	Mar. 31, 2013
Cash Flow Hedging | Designated as Hedging Instrument | CAD Forward
Derivative [Line Items]
Number of Instruments	10
Notional Sold in Aggregate in (CAD)	$ 38,850
Notional Purchased in Aggregate in (USD)	$ 39,318
Derivative, Exchange Rate Floor	0.984
Derivative, Exchange Rate Cap	0.993

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Debt And Interest Expense Schedule of early redemption prices of long-term debt instruments (Details) (Senior Notes [Member])	Sep. 21, 2012 9.25% Senior Notes due 2015	Mar. 31, 2013 2012 8.25% Senior Notes due 2017 [Member]	Mar. 31, 2013 Year two [Member] 8.25% Senior Notes due 2017 [Member]	Mar. 31, 2013 2014 8.25% Senior Notes due 2017 [Member]	Mar. 31, 2013 2015 8.25% Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Redemption prices, percent of outstaniding principal	102.313%	106.188%	104.125%	102.063%	100.00%

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Subsequent Events Subsequent Events

3 Months Ended

Mar. 31, 2013

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

On March 28, 2013, the Company completed its IPO and its stock began trading on the NYSE, under the ticker symbol PF. On April 3, 2013, the IPO closed in which the Company issued and sold 33,350,000 shares of common stock for cash consideration of $20.00 per share ($18.80 per share net of underwriting discounts). The Company received approximately $627.0 million in net proceeds from the offering. A portion of the proceeds was used to redeem the entire $465.0 million in aggregate principal amount of Pinnacle Finance's 9.25% Senior Notes at a redemption price of 100.0%. The remaining net proceeds, together with cash on hand, was used to repay $202.0 million of the Tranche B Non-Extended Term Loans that mature on April 2, 2014. Additionally, in connection with the completion of the IPO, the advisory agreement previously in place with an affiliate of Blackstone was terminated. As a result of the termination, the Company paid a termination fee of $15.1 million with available cash on hand.

On April 29, 2013, Pinnacle Finance, an indirect subsidiary of the Company, entered into the second amendment to the amended and restated Senior Secured Credit Facility, which provided for a seven year term loan facility in the amount of $1,630.0 million (the "Tranche G Term Loans") and replaced the existing revolving credit facility with a new five year $150.0 million revolving credit facility. Additionally, Pinnacle Finance issued $350.0 million aggregate principal amount of 4.875% Senior Notes (the "New Senior Notes") due 2021.

Pinnacle Finance used a portion of the proceeds from the Tranche G Term Loans and the New Senior Notes issuance to (i) repay all existing indebtedness outstanding under the then existing Senior Secured Credit Facility, consisting of (a) $38.1 million of Tranche B Non-Extended Term Loans, (b) $634.7 million of Tranche B Extended Term Loans, (c) $396.0 million of Tranche E Term Loans and (d) $446.6 million of Tranche F Term Loans and (ii) redeem $400.0 million in aggregate principal amount of Pinnacle Finance's 8.25% Senior Notes due 2017 at a redemption price of 108.5% (collectively, the "April 2013 Refinancing").

On April 3, 2013, the board of directors approved a proposal to amend the Certificate of Incorporation to increase the total number of shares in connection with the IPO, of all classes of stock that the Company shall have authority to issue to 550,000,000 shares. The authorized shares will be comprised of 500,000,000 shares of common stock, par value $0.01 per share and 50,000,000 shares of preferred stock, par value $0.01 per share.

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share 2013 Omnibus Plan RSU Transactions (Details) (USD $)	3 Months Ended
	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Fair Value of PIUs Converted into RSUs	$ 20.00
2013 Omnibus Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of RSUs, Outstanding, Beginning Balance	0
Weighted Average Fair Value at Grant Date, Outstanding, Beginning Balance	$ 0.00
Aggregate Intrinsic Value, Oustanding, Beginning Balance	$ 0
Number of PIUs Converted into RSUs	1,546,355
Weighted Average Fair Value of PIUs Converted into RSUs	$ 20.00
Number of RSUs Granted	82,460
Weighted Average Fair Value of RSUs Granted	$ 20.00
Number of RSUs Exercised	0
Weighted Average Fair Value of RSUs Exercised	$ 0.00
Number of RSUs Forfeited	0
Weighted Average Fair Value of RSUs Forfeited	$ 0.00
Number of RSUs, Outstanding, Ending Balance	1,628,815
Weighted Average Fair Value at Grant Date, Outstanding, Ending Balance	$ 20.00
Aggregate Intrinsic Value, Oustanding, Ending Balance	$ 36,176,000

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Equity Based Compensation Narrative (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013 long-term_incentive_program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sale of Stock, Price Per Share	$ 20.00
Number of Long-Term Incentive Plans	2
Basis for expected future cash flows, period	5 years
Unrecognized Equity Compensation Expense	$ 40,986
Option Life	10 years
Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated Forfeiture Rate, Low Range	6.00%
Estimated Forfeiture Rate, High Range	8.00%
Vesting Period	6 years 9 months 18 days
Two Thousand and Thirteen Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period	3 years

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Pension And Retirement Plans Mutli-employer Plans (Details) (USD $) In Thousands, unless otherwise specified	0 Months Ended		3 Months Ended
	Feb. 14, 2013	Sep. 30, 2012 employee	Mar. 31, 2013	Mar. 31, 2013 Defined Benefit Plans and Other Postretirement Benefit Plans, Multi-employer Plans	Mar. 25, 2012 Defined Benefit Plans and Other Postretirement Benefit Plans, Multi-employer Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Multiemployer Plans, Number of Employees		450
Multiemployer Plan, Collective Bargaining Agreement Period	4 years
Employer contributions				$ 189	$ 184
Multiemployer Plans, Contributions By Employer Represent Less Than Percent			5.00%
Funded status			At least 80 percent
Certified zone status			Green

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Taxes on Earnings (Tables)

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of the provision for income taxes

The provision for income taxes and related effective tax rates for the three months ended March 31, 2013 and March 25, 2012, respectively, were as follows:

	Three months ended
Provision for Income Taxes	March 31, 2013			March 25, 2012
Current	$	720		$	894
Deferred	14,502			5,183
Total	$	15,222		$	6,077
Effective tax rate	38.0		%	38.9		%

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Schedule of Weighted Average Number of Shares (Details)	0 Months Ended	3 Months Ended
	Apr. 03, 2013	Mar. 31, 2013	Mar. 25, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		5,192,974
Stock Issued During Period, Value, New Issues	2,618,307
Weighted-average common shares		81,263,994	81,267,136
Warrants		4,907,645	5,192,974
Options to purchase common stock		96,583	32,038
Dilutive potential common shares		86,268,222	86,492,148
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares excluded from the computation		2,310,000
Non-vested Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares excluded from the computation		1,628,761

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Debt And Interest Expense Schedule of Interest expense (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Debt Instrument [Line Items]
Interest expense, third party	$ 37,520	$ 41,230
Amortization of debt acquisition costs (Note 6)	1,713	2,559
Amortization of deferred mark-to-market adjustment on terminated swaps (Note 10)	0	413
Interest rate swap losses (Note 10)	844	4,079
Total interest expense	40,656	49,612
Majority Shareholder
Debt Instrument [Line Items]
Related party interest expense	$ 579	$ 1,331

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Goodwill Tradenames And Other Assets Schedule of Tradenames by Segment (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Indefinite-lived Intangible Assets [Roll Forward]
Tradenames	$ 1,603,992	$ 1,603,992
Birds Eye Frozen
Indefinite-lived Intangible Assets [Roll Forward]
Tradenames	796,680	796,680
Duncan Hines Grocery
Indefinite-lived Intangible Assets [Roll Forward]
Tradenames	771,312	771,312
Specialty Foods
Indefinite-lived Intangible Assets [Roll Forward]
Tradenames	$ 36,000	$ 36,000

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share 2007 Unit Plan (Details) (Two Thousand and Seven Unit Plan [Member])	0 Months Ended	2 Months Ended	3 Months Ended
	Mar. 02, 2013	Feb. 28, 2013	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Consecutive Years for EBITDA Target			2 years
Change in Control or Liquidity Event, Percent			50.00%
Internal Rate of Return	12.00%	20.00%	20.00%
Profit Interest Units (PIUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Internal Rate of Return			12.00%
Awards delivered			1,546,355
B-1 Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award Type Percentage			25.00%
B-2 Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award Type Percentage			75.00%
Scenario 1 [Member] | Profit Interest Units (PIUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Vested			25.00%
Vesting Period			5 years
Scenario 2 [Member] | Profit Interest Units (PIUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Vested			50.00%
Vesting Period			5 years
Scenario 3 [Member] | Profit Interest Units (PIUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Vested			25.00%
Internal Rate of Return			12.00%

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Interim Financial Statements

3 Months Ended

Mar. 31, 2013

Interim Financial Statements [Abstract]

Interim Financial Statements

Interim Financial Statements

In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting primarily of normal recurring adjustments) necessary for a fair statement of the Company’s financial position as of March 31, 2013, the results of operations for the three months ended March 31, 2013 and March 25, 2012, and the cash flows for the three months ended March 31, 2013 and March 25, 2012. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year. The accompanying unaudited consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended December 30, 2012.

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Goodwill Tradenames And Other Assets Schedule of Other Assets (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended					3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended		3 Months Ended	12 Months Ended
	Mar. 31, 2013		Mar. 25, 2012	Dec. 30, 2012		Mar. 31, 2013 Recipes	Dec. 25, 2011 Recipes	Dec. 30, 2012 Recipes	Mar. 31, 2013 Customer relationships - Distributors	Dec. 25, 2011 Customer relationships - Distributors	Dec. 30, 2012 Customer relationships - Distributors	Mar. 31, 2013 Customer relationships - Food Service	Dec. 25, 2011 Customer relationships - Food Service	Dec. 30, 2012 Customer relationships - Food Service	Mar. 31, 2013 Customer relationships - Private Label	Dec. 25, 2011 Customer relationships - Private Label	Dec. 30, 2012 Customer relationships - Private Label	Mar. 31, 2013 License	Dec. 25, 2011 License	Dec. 30, 2012 License	Mar. 31, 2013 Birds Eye Frozen	Dec. 30, 2012 Birds Eye Frozen	Mar. 31, 2013 Duncan Hines Grocery	Dec. 30, 2012 Duncan Hines Grocery	Mar. 31, 2013 Specialty Foods	Dec. 30, 2012 Specialty Foods
Finite-Lived Intangible Assets [Line Items]
Weighted Avg Life						10 years	10 years		36 years	36 years		7 years	7 years		7 years	7 years		7 years	7 years
Gross Carrying Amount	$ 228,788			$ 228,788		$ 52,810		$ 52,810	$ 125,746		$ 125,746	$ 36,143		$ 36,143	$ 9,214		$ 9,214	$ 4,875		$ 4,875
Accumulated Amortization	(105,693)			(101,821)		(31,685)		(30,365)	(30,166)		(28,791)	(32,734)		(31,882)	(8,670)		(8,533)	(2,438)		(2,250)
Net	123,095			126,967		21,125		22,445	95,580		96,955	3,409		4,261	544		681	2,437		2,625	68,015	69,581	47,549	48,806	7,531	8,580
Deferred financing costs, Gross Carrying Amount	59,486			59,486
Deferred financing costs, Accumulated Amortization	(37,019)			(35,306)
Deferred financing costs, Net	22,467			24,180
Other	4,637	[1]		4,411	[1]
Total other assets, net	150,199			155,558
Amortization of intangible assets	3,872		3,882
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
Estimated amortization expense, remainder of 2012	11,600
Estimated amortization expense, 2013	12,200
Estimated amortization expense, 2014	10,900
Estimated amortization expense, 2015	10,300
Estimated amortization expense, 2016	5,700
Estimated amortization expense, thereafter	$ 72,400

[1] As of March 31, 2013 and December 30, 2012, Other primarily consists of security deposits

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Schedule of Weighted Average Assumption [Details]	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Disclosure of Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share [Abstract]
Risk Free Interest Rate	1.10%	0.64%
Expected Time to Option Exercise	6 years 6 months	1 year 11 months 5 days
Expected Volatility of Pinnacle Foods Inc Stock	35.00%	55.00%
Expected Dividend of Pinnacle Foods Inc Stock	3.60%	0.00%

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Disclosure of Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes equity-based compensation expense related to employee equity options and employee equity units under the authoritative guidance for equity compensation which was allocated as follows:

	Three months ended
	March 31, 2013			March 25, 2012
Cost of products sold	$	23		$	40
Marketing and selling expenses	70			121
Administrative expenses	77			130
Research and development expenses	5			9
Pre-Tax Equity-Based Compensation Expense	175			300
Income Tax Benefit	(6		)	(12		)
Net Equity-Based Compensation Expense	$	169		$	288

Schedule of Stock Option Activity

The following table summarizes the equity option transactions under the 2007 Stock Incentive Plan:

		Number of Shares		Weighted Average Exercise Price		Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		436,486		$	9.99	$	3.97	6.22	1,642
	Granted	—		—		—
	Exercised	(6,022	)	8.77		4.10
	Forfeitures	(8,949	)	8.96		2.66
Outstanding, March 31, 2013		421,515		10.03		$	3.97	6.03	5,134
Exercisable, March 31, 2013		178,274		$	9.01	$	4.04	5.03	$	2,353

The following table summarizes the equity option transactions under the 2013 Omnibus Plan:

		Number of Units	Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		—	$	—	0.00	—
	Granted	2,310,000	4.63
	Exercised	—	—
	Forfeitures	—	—
Outstanding, March 31, 2013		2,310,000	$	4.63	10.00	$	5,105
Exercisable, March 31, 2013		—	$	—	0.00	$	—

Schedule of Weighted Average Assumptions

The fair value of the options granted during the three months ended March 31, 2013 and March 25, 2012, respectively, was estimated on the date of the grant (using an IPO price of $20.00 a share on the first quarter 2013 grant) using the Black-Scholes model with the following weighted average assumptions:

	March 31, 2013		March 25, 2012
Risk-free interest rate	1.1	%	0.64	%
Expected time to option exercise	6.50 years		1.93 years
Expected volatility of Pinnacle Foods Inc. stock	35	%	55	%
Expected dividend yield on Pinnacle Foods Inc. stock	3.60	%	—	%

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes the changes in non-vested shares.

		Number of Units	Weighted Average Fair Value at Grant Date		Aggregate Intrinsic Value (000's)
Non-vested shares at December 30, 2012		—	$	—	$	—
	Converted PIUs	1,546,355	20.00
	Granted	82,460	20.00
	Exercised	—	—
	Forfeitures	—	—
Non-vested shares at March 31, 2013		1,628,815	$	20.00	$	36,176

Reclassification out of Accumulated Other Comprehensive Income

The following table presents amounts reclassified out of Accumulated Other Comprehensive Loss ("AOCL") and into Net earnings for the three months ended March 31, 2013.

Gain/(Loss)	Amounts Reclassified from AOCL
	Three months ended
Details about Accumulated Other Comprehensive Income Components	March 31, 2013				Reclassified from AOCL to:
Gains and losses on financial instrument contracts
Interest Rate Contracts	$	(854	)		Interest expense
Foreign Exchange Contracts	192				Cost of products sold
Total before tax	(662		)
Tax expense	340				Provision for income taxes
Net of tax	(322		)
Pension actuarial assumption adjustments
Amortization of actuarial loss	(456		)	(a)	Cost of products sold
Tax expense	176				Provision for income taxes
Net of tax	(280		)
Net reclassifications into net earnings	$	(602	)

Schedule of Weighted Average Number of Shares

Diluted earnings per common share are calculated by dividing net earnings by weighted-average common shares outstanding during the period plus dilutive potential common shares, which are determined as follows:

	March 31, 2013	March 25, 2012
Weighted-average common shares	81,263,994	81,267,136
Effect of dilutive securities:
Warrants	4,907,645	5,192,974
Options to purchase common stock	96,583	32,038
Dilutive potential common shares	86,268,222	86,492,148

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Other Expense (Income), Net (Tables)

3 Months Ended

Mar. 31, 2013

Other Income and Expenses [Abstract]

Schedule of Other Expense (Income), net

	Three months ended
	March 31, 2013			March 25, 2012
Other expense (income), net consists of:
Amortization of intangibles/other assets	$	3,872		$	3,882
Royalty income and other	(215		)	(196		)
Total other expense (income), net	$	3,657		$	3,686

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Balance Sheet Information Schedule of Plant Assets (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012	Dec. 30, 2012
Property, Plant and Equipment [Line Items]
Plant Assets, Gross	$ 760,196		$ 738,360
Accumulated depreciation	(259,018)		(244,694)
Total	501,178		493,666
Depreciation	15,398	16,606
Land
Property, Plant and Equipment [Line Items]
Plant Assets, Gross	14,061		14,061
Buildings
Property, Plant and Equipment [Line Items]
Plant Assets, Gross	181,118		178,300
Machinery and equipment
Property, Plant and Equipment [Line Items]
Plant Assets, Gross	524,619		513,339
Projects in progress
Property, Plant and Equipment [Line Items]
Plant Assets, Gross	40,398		32,660
Assets under capital lease
Property, Plant and Equipment [Line Items]
Accumulated depreciation	(8,997)		(8,246)
Total	$ 21,337		$ 22,030

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Schedule of Equity-based Compensation Expense (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-Tax Equity Based Compensation Expense	$ 175	$ 300
Income Tax Benefit	(6)	(12)
Net Equity Based Compensation Expense	169	288
Cost of products sold [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-Tax Equity Based Compensation Expense	23	40
Selling and Marketing Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-Tax Equity Based Compensation Expense	70	121
General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-Tax Equity Based Compensation Expense	77	130
Research and development expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-Tax Equity Based Compensation Expense	$ 5	$ 9
Tranche B And E Term Loans [Member] | Secured Debt [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Basis points added to the Federal Reserve overnight funds rate	0.50%
Senior Notes [Member] | 8.25% Senior Notes due 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Basis points added to the Federal Reserve overnight funds rate	0.50%

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Balance Sheet Information (Tables)

3 Months Ended

Mar. 31, 2013

Balance Sheet Information [Abstract]

Schedule of Accounts Payable

Schedule of Accounts Receivable

Accounts receivable are as follows:

	March 31, 2013			December 30, 2012
Customers	$	168,399		$	137,950
Allowances for cash discounts, bad debts and returns	(5,768		)	(5,149		)
Subtotal	162,631			132,801
Other receivables	5,820			11,083
Total	$	168,451		$	143,884

Schedule of Inventories

Inventories are as follows:

	March 31, 2013		December 30, 2012
Raw materials, containers and supplies	$	68,371	$	50,919
Finished product	257,755		307,132
Total	$	326,126	$	358,051

Schedule of Other Current Assets

Other Current Assets are as follows:

	March 31, 2013		December 30, 2012
Prepaid expenses	$	12,010	$	5,954
Prepaid income taxes	200		578
Assets held for sale	$	4,256	$	5,330
Total	$	16,466	$	11,862

Schedule of Plant Assets

Plant assets are as follows:

	March 31, 2013			December 30, 2012
Land	$	14,061		$	14,061
Buildings	181,118			178,300
Machinery and equipment	524,619			513,339
Projects in progress	40,398			32,660
Subtotal	760,196			738,360
Accumulated depreciation	(259,018		)	(244,694		)
Total	$	501,178		$	493,666

Schedule of Accrued Liabilities

Accrued liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	62,827	$	53,373
Interest payable	30,617		28,116
Consumer coupons	5,284		3,346
Accrued restructuring charges (see note 8)	9,209		10,480
Accrued financial instrument contracts (see note 11)	153		682
Other	22,039		23,272
Total	$	130,129	$	119,269

Schedule Of Other Long-Term Liabilities

Other long-term liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	9,009	$	9,340
Long-term rent liability and deferred rent allowances	10,017		10,217
Liability for uncertain tax positions	1,616		1,614
Accrued financial instrument contracts (see note 11)	3,074		3,807
Other	3,644		3,727
Total	$	27,360	$	28,705

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Goodwill Tradenames And Other Assets (Tables)

3 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by segment

Goodwill by segment is as follows:

	Birds Eye Frozen		Duncan Hines Grocery		Specialty Foods		Total
Balance, December 30, 2012	$	527,069	$	740,465	$	173,961	$	1,441,495
Balance, March 31, 2013	$	527,069	$	740,465	$	173,961	$	1,441,495

Schedule of Tradenames by segment

Tradenames by segment are as follows:

	Birds Eye		Duncan Hines		Specialty
	Frozen		Grocery		Foods		Total
Balance, December 30, 2012	$	796,680	$	771,312	$	36,000	$	1,603,992
Balance, March 31, 2013	$	796,680	$	771,312	$	36,000	$	1,603,992

Schedule of Other Assets

Other Assets

	March 31, 2013
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(31,685	)	$	21,125
Customer relationships - Distributors	36	125,746		(30,166		)	95,580
Customer relationships - Food Service	7	36,143		(32,734		)	3,409
Customer relationships - Private Label	7	9,214		(8,670		)	544
License	7	4,875		(2,438		)	2,437
Total amortizable intangibles		$	228,788	$	(105,693	)	$	123,095
Deferred financing costs		59,486		(37,019		)	22,467
Other (1)		4,637		—			4,637
Total other assets, net							$	150,199
	Amortizable intangibles by segment
	Birds Eye Frozen						$	68,015
	Duncan Hines Grocery						47,549
	Specialty Foods						7,531
							$	123,095

	December 30, 2012
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(30,365	)	$	22,445
Customer relationships - Distributors	36	125,746		(28,791		)	96,955
Customer relationships - Food Service	7	36,143		(31,882		)	4,261
Customer relationships - Private Label	7	9,214		(8,533		)	681
License	7	4,875		(2,250		)	2,625
Total amortizable intangibles		$	228,788	$	(101,821	)	$	126,967
Deferred financing costs		59,486		(35,306		)	24,180
Other (1)		4,411		—			4,411
Total other assets, net							$	155,558
	Amortizable intangibles by segment
	Birds Eye Frozen						$	69,581
	Duncan Hines Grocery						48,806
	Specialty Foods						8,580
							$	126,967

(1) As of March 31, 2013 and December 30, 2012, Other primarily consists of security deposits

Schedule of Deferred Financing Cost Activity

The following summarizes deferred financing cost activity:

	Gross Carrying Amount		Accumulated Amortization			Net
Balance, December 30, 2012	$	59,486	$	(35,306	)	$	24,180
2013 - Additions	—		—			—
- Amortization	—		(1,713		)	(1,713		)
Balance, March 31, 2013	$	59,486	$	(37,019	)	$	22,467

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Summary Of Business Activities

3 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary Of Business Activities

Summary of Business Activities

Business Overview

Pinnacle Foods Inc. (hereafter referred to as “Pinnacle” or the “Company”), formerly known as Crunch Holding Corp., is a holding company whose sole asset is 100% ownership of Peak Finance Holdings LLC (“PFH”). PFH is a holding company whose sole asset is 100% ownership of Pinnacle Foods Finance LLC (“Pinnacle Finance”). As of March 31, 2013 Pinnacle was majority owned by Peak Holdings LLC ("Peak Holdings") which is 99% owned by affiliates of the Blackstone Group. In addition, a warrant agreement was in place, whereby Peak Holdings could acquire up to an additional 5,192,974 shares (subject to adjustment) of Pinnacle.

The Company is a leading manufacturer, marketer and distributor of high quality, branded convenience food products, the products and operations of which are managed and reported in three operating segments: (i) Birds Eye Frozen, (ii) Duncan Hines Grocery and (iii) Specialty Foods. The Company’s United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), frozen seafood (Van de Kamp’s, Mrs. Paul’s), full-calorie single-serve frozen dinners and entrées (Hungry-Man), frozen breakfast (Aunt Jemima), frozen and refrigerated bagels (Lender’s), and frozen pizza for one (Celeste) are reported in the Birds Eye Frozen Division. The Company’s baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), table syrups (Mrs. Butterworth’s and Log Cabin), canned meat (Armour, Nalley, Brooks), pie and pastry fillings (Comstock, Wilderness), barbecue sauces (Open Pit), salad dressing (Bernstein’s) and all Canadian operations are reported in the Duncan Hines Grocery Division. The Specialty Foods Division consists of snack products (Tim’s Cascade and Snyder of Berlin) and the Company’s food service and private label businesses.

History and Current Ownership

Since 2001, the Company and its predecessors have been involved in several business combinations to acquire certain assets and liabilities related to the brands discussed above.

On December 23, 2009, Pinnacle Foods Group LLC (“PFG LLC”), an entity wholly owned by Pinnacle Finance, purchased Birds Eye Foods, Inc. (the “Birds Eye Acquisition”).

On March 12, 2013, the Company’s board of directors authorized a 55.2444 for 1 split of the common stock. The split became effective on the date of approval. The Company retained the par value of $0.01 per share for all shares of common stock. All references to numbers of common shares and per-share data in the accompanying financial statements have been adjusted to reflect the stock split on a retroactive basis. Stockholders’ equity reflects the stock split by reclassifying from “Additional paid-in capital” to “Common stock” an amount equal to the par value of the additional shares arising from the split.

On March 28, 2013, the U.S. Securities and Exchange Commission (SEC) declared effective the Company's registration statement on Form S-1 related to its initial public offering ("IPO"). The Company's stock began trading on the New York Stock Exchange ("NYSE"), under the ticker symbol "PF", on March 28, 2013. On April 3, 2013, the IPO was completed. See Note 18 for further details. In connection with the IPO, 2,618,307 additional shares were issued through the exercise of the warrant agreement described above. Immediately thereafter, the warrant agreement was terminated.

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Restructuring Charges (Tables)

3 Months Ended

Mar. 31, 2013

Restructuring and Related Activities [Abstract]

Schedule of restructuring charges accrued

The following table summarizes total restructuring charges accrued as of March 31, 2013.

Description	Balance, December 30, 2012		Expense		Payments			Balance, March 31, 2013
Facility shutdowns	$	2,796	$	—	$	(147	)	$	2,649
Contract termination and other fees	5,833		—		—			5,833
Employee severance	1,851		—		(1,124		)	727
Total	$	10,480	$	—	$	(1,271	)	$	9,209

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Related Party Transactions Narrative (Details) (USD $)	0 Months Ended	3 Months Ended
	Apr. 03, 2013	Mar. 31, 2013	Mar. 25, 2012	Dec. 30, 2012
Related Party Transaction [Line Items]
Due to Related Parties, Noncurrent		$ 62,754,000		$ 63,097,000
Majority Shareholder
Related Party Transaction [Line Items]
Annual management fee greater of amount		2,500
Greater of percent of covenant compliance EBITDA		1.00%
Management fee expenses		1,148,000	1,188,000
Related Party Transaction, Reimbursement Of Relaed Party Out-Of-Pocket Expenses		0	123,000
Accrued related party management fee		3,345,000
Termination fee for advisory agreement	15,100,000
Interest expense and fees recognized to a related party		579,000	1,331,000
Accrued Liabilities Related Party		172,000		173,000
Performance Food Group Company
Related Party Transaction [Line Items]
Sales to a related party		1,144,000	1,246,000
Accounts receivable due from a related party		125,000		68,000
Tranche B And E Term Loans [Member] | Secured Debt [Member] | Majority Shareholder
Related Party Transaction [Line Items]
Due to Related Parties, Noncurrent		$ 62,754,000		$ 63,097,000

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Fair Value Measurements Financial Assets and Liabilities Subject to Recurring Fair Value (Details) (Fair Value, Measurements, Recurring, USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Fair Value as of
Assets, Fair Value Disclosure [Abstract]
Total assets at fair value	$ 1,580	$ 1,163
Liabilities, Fair Value Disclosure [Abstract]
Total liabilities at fair value	3,227	4,489
Fair Value Measurements Using Fair Value Hierarchy Level 1
Assets, Fair Value Disclosure [Abstract]
Total assets at fair value	0	0
Liabilities, Fair Value Disclosure [Abstract]
Total liabilities at fair value	0	0
Fair Value Measurements Using Fair Value Hierarchy Level 2
Assets, Fair Value Disclosure [Abstract]
Total assets at fair value	1,580	1,163
Liabilities, Fair Value Disclosure [Abstract]
Total liabilities at fair value	3,227	4,489
Fair Value Measurements Using Fair Value Hierarchy Level 3
Assets, Fair Value Disclosure [Abstract]
Total assets at fair value	0	0
Liabilities, Fair Value Disclosure [Abstract]
Total liabilities at fair value	0	0
Interest Rate Contracts | Fair Value as of
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	3,074	3,807
Interest Rate Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 1
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	0	0
Interest Rate Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 2
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	3,074	3,807
Interest Rate Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 3
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	0	0
Foreign Exchange Contracts | Fair Value as of
Assets, Fair Value Disclosure [Abstract]
Derivative assets	1,182	638
Foreign Exchange Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 1
Assets, Fair Value Disclosure [Abstract]
Derivative assets	0	0
Foreign Exchange Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 2
Assets, Fair Value Disclosure [Abstract]
Derivative assets	1,182	638
Foreign Exchange Contracts | Fair Value Measurements Using Fair Value Hierarchy Level 3
Assets, Fair Value Disclosure [Abstract]
Derivative assets	0	0
Commodity Contract | Fair Value as of
Assets, Fair Value Disclosure [Abstract]
Derivative assets	398	525
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	153	682
Commodity Contract | Fair Value Measurements Using Fair Value Hierarchy Level 1
Assets, Fair Value Disclosure [Abstract]
Derivative assets	0	0
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	0	0
Commodity Contract | Fair Value Measurements Using Fair Value Hierarchy Level 2
Assets, Fair Value Disclosure [Abstract]
Derivative assets	398	525
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	153	682
Commodity Contract | Fair Value Measurements Using Fair Value Hierarchy Level 3
Assets, Fair Value Disclosure [Abstract]
Derivative assets	0	0
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities	$ 0	$ 0

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Balance Sheet Information Schedule of Accounts Receivable (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Accounts Receivable, Net, Current [Abstract]
Customers	$ 168,399	$ 137,950
Allowances for cash discounts, bad debts and returns	(5,768)	(5,149)
Subtotal	162,631	132,801
Other receivables	5,820	11,083
Total	$ 168,451	$ 143,884

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Debt And Interest Expense Schedule of the estimated fair value of the Company's long-term debt, including the current portion (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Senior Notes [Member] | 9.25% Senior Notes due 2015
Debt Instrument [Line Items]
Senior Notes	$ 465,000	$ 465,000
Senior Notes [Member] | 8.25% Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes	400,000	400,000
Secured Debt [Member] | Tranche B Non Extended Term Loans due 2014
Debt Instrument [Line Items]
Senior Secured Credit Facility	240,139	243,264
Secured Debt [Member] | Tranche B Extended term Loans due 2016
Debt Instrument [Line Items]
Senior Secured Credit Facility	634,700	637,906
Secured Debt [Member] | Tranche E Term Loan Due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility	396,000	398,000
Secured Debt [Member] | Tranche F Term Loan due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility	446,625	448,875
Face Value
Debt Instrument [Line Items]
Long-term Debt, Fair Value	2,582,464	2,593,045
Face Value | Senior Notes [Member] | 9.25% Senior Notes due 2015
Debt Instrument [Line Items]
Senior Notes	465,000	465,000
Face Value | Senior Notes [Member] | 8.25% Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes	400,000	400,000
Face Value | Secured Debt [Member] | Tranche B Non Extended Term Loans due 2014
Debt Instrument [Line Items]
Senior Secured Credit Facility	240,139	243,264
Face Value | Secured Debt [Member] | Tranche B Extended term Loans due 2016
Debt Instrument [Line Items]
Senior Secured Credit Facility	634,700	637,906
Face Value | Secured Debt [Member] | Tranche E Term Loan Due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility	396,000	398,000
Face Value | Secured Debt [Member] | Tranche F Term Loan due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility	446,625	448,875
Fair Value
Debt Instrument [Line Items]
Long-term Debt, Fair Value	2,626,831	2,637,777
Fair Value | Senior Notes [Member] | 9.25% Senior Notes due 2015
Debt Instrument [Line Items]
Senior Notes, Fair value	465,581	471,975
Fair Value | Senior Notes [Member] | 8.25% Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes, Fair value	430,000	427,000
Fair Value | Secured Debt [Member] | Tranche B Non Extended Term Loans due 2014
Debt Instrument [Line Items]
Senior Secured Credit Facility, Fair Value	240,739	244,480
Fair Value | Secured Debt [Member] | Tranche B Extended term Loans due 2016
Debt Instrument [Line Items]
Senior Secured Credit Facility, Fair Value	639,460	641,095
Fair Value | Secured Debt [Member] | Tranche E Term Loan Due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility, Fair Value	399,960	400,985
Fair Value | Secured Debt [Member] | Tranche F Term Loan due 2018
Debt Instrument [Line Items]
Senior Secured Credit Facility, Fair Value	$ 451,091	$ 452,242

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Consolidated Statements Of Operations (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Income Statement [Abstract]
Net sales	$ 612,981	$ 616,925
Cost of products sold	458,140	481,248
Gross profit	154,841	135,677
Operating expenses
Marketing and selling expenses	45,628	44,000
Cost of products sold	22,558	20,614
Research and development expenses	2,327	2,207
Other expense (income), net	3,657	3,686
Total operating expenses	74,170	70,507
Earnings before interest and taxes	80,671	65,170
Interest expense	40,656	49,612
Interest income	3	58
Earnings before income taxes	40,018	15,616
Provision for income taxes	15,222	6,077
Net earnings	$ 24,796	$ 9,539
Basic	$ 0	$ 0
Diluted	$ 0	$ 0

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share 2007 Incentive Plan (Details)	0 Months Ended	2 Months Ended	3 Months Ended
	Mar. 02, 2013	Feb. 28, 2013	Mar. 31, 2013
Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period			6 years 9 months 18 days
Number of Shares Authorized			1,104,888
Number of Consecutive Years for EBITDA Target			2 years
Two Thousand and Seven Unit Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Internal Rate of Return	12.00%	20.00%	20.00%
Number of Consecutive Years for EBITDA Target			2 years
Scenario 1 [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period			5 years
Percent Vested			25.00%
Scenario 2 [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period			5 years
Percent Vested			50.00%
Scenario 3 [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Vested			25.00%
Internal Rate of Return			12.00%
Time Vested Options [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award Type Percentage			25.00%
Performance Shares [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award Type Percentage			75.00%
Subsequent Event [Member] | Two Thousand and Seven Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Internal Rate of Return	12.00%	20.00%	20.00%

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Consolidated Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Cash flows from operating activities
Net earnings	$ 24,796	$ 9,539
Non-cash charges (credits) to net earnings
Depreciation and amortization	19,270	20,490
Amortization of discount on term loan	314	301
Amortization of debt acquisition costs	1,713	2,559
Amortization of deferred mark-to-market adjustment on terminated swaps	0	413
Change in value of financial instruments	(414)	(2,425)
Equity-based compensation charge	175	300
Pension expense, net of contributions	(416)	(2,272)
Gain on sale of assets held for sale	(701)	0
Other long-term liabilities	(613)	32
Other long-term assets	0	234
Deferred income taxes	14,502	5,183
Changes in working capital
Accounts receivable	(24,729)	(24,119)
Inventories	32,007	18,069
Accrued trade marketing expense	6,317	6,385
Accounts payable	(10,297)	(15,856)
Accrued liabilities	11,053	14,622
Other current assets	(5,233)	402
Net cash provided by operating activities	67,744	33,857
Cash flows from investing activities
Capital expenditures	(18,242)	(13,505)
Proceeds from sale of plant assets	1,775	0
Net cash used in investing activities	(16,467)	(13,505)
Cash flows from financing activities
Repayments of long-term obligations	(10,581)	(3,125)
Proceeds from short-term borrowings	1,107	815
Repayments of short-term borrowings	(1,415)	(937)
Repayment of capital lease obligations	(550)	(792)
Repurchases of equity	(187)	(350)
Net cash used in financing activities	(11,626)	(4,389)
Effect of exchange rate changes on cash	162	218
Net change in cash and cash equivalents	39,813	16,181
Cash and cash equivalents - beginning of period	92,281	151,031
Cash and cash equivalents - end of period	132,094	167,212
Supplemental disclosures of cash flow information:
Interest paid	36,325	35,673
Interest received	3	58
Income taxes paid	304	96
Non-cash investing and financing activities:
New capital leases	$ 4,668	$ 0

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Balance Sheet Information Schedule of Accounts Payable (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Balance Sheet Information [Abstract]
Accounts payable	$ 127,443	$ 137,326

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Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Swaps

As of March 31, 2013, the Company had the following interest rate swaps that were designated as cash flow hedges of interest rate risk:

Product	Number of Instruments	Notional Amount		Fixed Rate Range		Index	Trade Dates	Maturity Dates
Interest Rate Swaps	2	$	900,000	0.58	%	USD-LIBOR-BBA	Aug 2011	Apr 2014

Schedule of Foreign Currency Exchange Contracts

As of March 31, 2013, the Company had the following foreign currency exchange contracts (in aggregate) that were designated as cash flow hedges of foreign exchange risk:

Product	Number of Instruments	Notional Sold in Aggregate in ("CAD")		Notional Purchased in Aggregate in ("USD")		USD to CAD Exchange Rates	Trade Date	Maturity Dates
CAD Forward	10	$	38,850	$	39,318	0.984 - 0.993	Sep 2012	Apr 2013 - Dec 2013

Schedule of derivative instruments not designated in qualifying hedging relationships

As of March 31, 2013, the Company had the following derivative instruments that were not designated in qualifying hedging relationships:

Commodity Contracts	Number of Instruments	Notional Amount	Price/Index	Trade Dates	Maturity Dates
Diesel Fuel Contracts	1	662,461 Gallons	$3.64 per Gallon	June 2012	June 2013
Corn Contracts	4	780,000 Bushels	$6.85 - $7.82 per Bushel	Sep 2012 - Mar 2013	Apr 2013

Schedule of the fair value of derivatives financial instruments as well as their Consolidated Balance Sheets classification

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification in the Consolidated Balance Sheets as of March 31, 2013 and December 30, 2012.

	Tabular Disclosure of Fair Values of Derivative Instruments
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value as of March 31, 2013		Balance Sheet Location	Fair Value as of March 31, 2013
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,074
Foreign Exchange Contracts	Other current assets	$	1,182
Total derivatives designated as hedging instruments		$	1,182		$	3,074
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	398	Accrued liabilities	$	153
Total derivatives not designated as hedging instruments		$	398		$	153
	Balance Sheet Location	Fair Value as of December 30, 2012		Balance Sheet Location	Fair Value as of December 30, 2012
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,807
Foreign Exchange Contracts	Other current assets	$	605
	Other assets, net	33
Total derivatives designated as hedging instruments		$	638		$	3,807
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	525	Accrued liabilities	$	682
Total derivatives not designated as hedging instruments		$	525		$	682

Schedule of derivative financial instruments on the Consolidated Statements of Operations and Accumulated other comprehensive (loss) earnings

The table below presents the effect of the Company’s derivative financial instruments in the Consolidated Statements of Operations and Accumulated other comprehensive loss ("AOCL") for the three months ended March 31, 2013 and March 25, 2012.

Tabular Disclosure of the Effect of Derivative Instruments

Gain/(Loss)
Derivatives in Cash Flow Hedging Relationships	Recognized in AOCL on Derivative (Effective Portion)			Effective portion reclassified from AOCL to:	Reclassified from AOCL into Earnings (Effective Portion)			Ineffective portion recognized in Earnings in:	Recognized in Earnings on Derivative (Ineffective Portion)
Interest Rate Contracts	$	(132	)	Interest expense	$	(854	)	Interest expense	$	10
Foreign Exchange Contracts	736			Cost of products sold	192			Cost of products sold	—
Three months ended March 31, 2013	$	604			$	(662	)		$	10
Interest Rate Contracts	$	(3,383	)	Interest expense	$	(4,490	)	Interest expense	$	(1	)
Foreign Exchange Contracts	(926		)	Cost of products sold	32			Cost of products sold	(15		)
Three months ended March 25, 2012	$	(4,309	)		$	(4,458	)		$	(16	)
Derivatives Not Designated as Hedging Instruments				Recognized in Earnings in:	Recognized in Earnings on Derivative
Commodity Contracts				Cost of products sold	$	205
Three months ended March 31, 2013					$	205
Commodity Contracts				Cost of products sold	$	743
Three months ended March 25, 2012					$	743

Schedule of aggregate fair values of derivatives that contain credit risk-related contingent features

The table below summarizes the aggregate fair values of those derivatives that contain credit risk-related contingent features as of March 31, 2013 and December 30, 2012.

March 31, 2013

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(1,691	)	$	22	$	(132	)	$	(1,537	)
	Commodity Contracts	245			—		—			245
Credit Suisse	Interest Rate Contracts	(1,691		)	22		(132		)	(1,537		)
	Foreign Exchange Contracts	1,182			—		—			1,182
Total		$	(1,955	)	$	44	$	(264	)	$	(1,647	)

December 30, 2012

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(2,063	)	$	31	$	(128	)	$	(1,904	)
	Commodity Contracts	(158		)	—		—			(158		)
Credit Suisse	Interest Rate Contracts	(2,063		)	32		(128		)	(1,903		)
	Foreign Exchange Contracts	636			3		—			639
Total		$	(3,648	)	$	66	$	(256	)	$	(3,326	)

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Restructuring Charges Schedule of restructuring charges accrued (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013
Restructuring Reserve [Roll Forward]
Accrued restructuring charges, Beginning balance	$ 10,480
Expense	0
Payments	(1,271)
Accrued restructuring charges, Ending balance	9,209
Facility shutdowns
Restructuring Reserve [Roll Forward]
Accrued restructuring charges, Beginning balance	2,796
Expense	0
Payments	147
Accrued restructuring charges, Ending balance	2,649
Contract Termination [Member]
Restructuring Reserve [Roll Forward]
Accrued restructuring charges, Beginning balance	5,833
Expense	0
Payments	0
Accrued restructuring charges, Ending balance	5,833
Employee severance
Restructuring Reserve [Roll Forward]
Accrued restructuring charges, Beginning balance	1,851
Expense	0
Payments	1,124
Accrued restructuring charges, Ending balance	$ 727

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Taxes on Earnings

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Taxes on Earnings

Taxes on Earnings

The provision for income taxes and related effective tax rates for the three months ended March 31, 2013 and March 25, 2012, respectively, were as follows:

	Three months ended
Provision for Income Taxes	March 31, 2013			March 25, 2012
Current	$	720		$	894
Deferred	14,502			5,183
Total	$	15,222		$	6,077
Effective tax rate	38.0		%	38.9		%

Income taxes are accounted for in accordance with the authoritative guidance for accounting for income taxes under which deferred tax assets and liabilities are determined. These assets and liabilities are based on the difference between their financial statement basis and tax basis, using enacted tax rates in effect for the year in which the differences are expected to reverse.

During the three months ended March 31, 2013 and March 25, 2012, there were no material events which impacted the effective tax rate. The American Taxpayer Relief Act of 2012 was signed into law on January 2, 2013. It reinstated certain tax credits for the 2012 tax year which resulted in a benefit of $0.4 million to the Company.

The Company regularly evaluates its deferred tax assets for future realization.  A valuation allowance is established when the Company believes that it is more likely than not that some portion of its deferred tax assets will not be realized.  Changes in valuation allowances from period to period are included in the Company's tax provision in the period of change.

As of March 31, 2013 and March 25, 2012, the Company maintained a valuation allowance for certain state NOL carryovers, state tax credit carryovers and foreign loss carryovers. There was no change in the valuation allowance for either of the three-month reporting periods ended March 31, 2013, and March 25, 2012.

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Segments (Tables)

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	Three months ended
SEGMENT INFORMATION	March 31, 2013			March 25, 2012
Net sales
Birds Eye Frozen	$	292,451		$	290,540
Duncan Hines Grocery	227,208			222,001
Specialty Foods	93,322			104,384
Total	$	612,981		$	616,925
Earnings before interest and taxes
Birds Eye Frozen	$	48,926		$	37,230
Duncan Hines Grocery	29,432			26,294
Specialty Foods	8,186			6,876
Unallocated corporate expenses	(5,873		)	(5,230		)
Total	$	80,671		$	65,170
Depreciation and amortization
Birds Eye Frozen	$	9,288		$	10,167
Duncan Hines Grocery	5,827			6,324
Specialty Foods	4,155			3,999
Total	$	19,270		$	20,490
Capital expenditures*
Birds Eye Frozen	$	10,110		$	7,774
Duncan Hines Grocery	10,609			3,895
Specialty Foods	2,191			1,836
Total	$	22,910		$	13,505
GEOGRAPHIC INFORMATION
Net sales
United States	$	606,581		$	612,279
Canada	20,616			18,463
Intercompany	(14,216		)	(13,817		)
Total	$	612,981		$	616,925

 *Includes new capital leases.

SEGMENT INFORMATION	March 31, 2013		December 30, 2012
Total assets
Birds Eye Frozen	$	2,004,167	$	1,978,668
Duncan Hines Grocery	1,973,228		1,965,002
Specialty Foods	362,632		356,722
Corporate	100,365		99,596
Total	$	4,440,392	$	4,399,988
GEOGRAPHIC INFORMATION
Long-lived assets
United States	$	501,154	$	493,640
Canada	24		26
Total	$	501,178	$	493,666

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Guarantor And Nonguarantor Statements

3 Months Ended

Mar. 31, 2013

Guarantor And Nonguarantor Statements [Abstract]

Guarantor And Nonguarantor Statements

Guarantor and Nonguarantor Statements

The 9.25% Senior Notes and the 8.25% Senior Notes are general senior unsecured obligations of Pinnacle Finance, effectively subordinated in right of payment to all existing and future senior secured indebtedness of Pinnacle Finance and guaranteed on a full, unconditional, joint and several basis by Pinnacle Finance's 100% owned domestic subsidiaries that guarantee other indebtedness of Pinnacle Finance. Beginning with the 4.875% Notes issued in the April 2013 refinancing, the Company will also be a guarantor of the 4.875% Notes.

The following condensed consolidating financial information presents:

(1) (a) Condensed consolidating balance sheets as of March 31, 2013 and December 30, 2012.

(b) The related condensed consolidating statements of operations and comprehensive earnings for the Company, Pinnacle Finance, all guarantor subsidiaries and the non-guarantor subsidiaries for the following:

i. Three months ended March 31, 2013; and

ii. Three months ended March 25, 2012.

(c) The related condensed consolidating statements of cash flows for the Company, Pinnacle Finance, all guarantor subsidiaries and the non-guarantor subsidiaries for the following:

i. Three months endedMarch 31, 2013; and

ii. Three months endedMarch 25, 2012.

(2) Elimination entries necessary to consolidate the Company, Pinnacle Finance with its guarantor subsidiaries and non-guarantor subsidiaries.

Investments in subsidiaries are accounted for by the parent using the equity method of accounting. The guarantor subsidiaries are presented on a combined basis. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions and include a reclassification entry of net non-current deferred tax assets to non-current deferred tax liabilities.

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	122,864		$	9,230	$	—		$	132,094
Accounts receivable, net	—			—			159,394			9,057		—			168,451
Intercompany accounts receivable	—			—			123,810			—		(123,810		)	—
Inventories, net	—			—			319,800			6,326		—			326,126
Other current assets	—			4,925			10,952			589		—			16,466
Deferred tax assets	—			—			100,321			70		—			100,391
Total current assets	—			4,925			837,141			25,272		(123,810		)	743,528
Plant assets, net	—			—			501,154			24		—			501,178
Investment in subsidiaries	914,633			1,876,499			12,173			—		(2,803,305		)	—
Intercompany note receivable	—			1,492,424			7,270			9,800		(1,509,494		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			21,968			128,079			152		—			150,199
Deferred tax assets	—			246,172			—			—		(246,172		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392
Current liabilities:
Short-term borrowings	$	—		$	—		$	1,831		$	—	$	—		$	1,831
Current portion of long-term obligations	—			11,183			3,649			—		—			14,832
Accounts payable	—			—			126,260			1,183		—			127,443
Intercompany accounts payable	—			117,052			—			6,758		(123,810		)	—
Accrued trade marketing expense	—			—			47,016			3,809		—			50,825
Accrued liabilities	—			30,279			99,279			571		—			130,129
Total current liabilities	—			158,514			278,035			12,321		(123,810		)	325,060
Long-term debt	—			2,564,365			21,460			—		—			2,585,825
Intercompany note payable	—			—			1,501,815			7,679		(1,509,494		)	—
Pension and other postretirement benefits	—			—			100,046			—		—			100,046
Other long-term liabilities	—			3,074			21,556			2,730		—			27,360
Deferred tax liabilities	—			1,402			731,893			345		(246,172		)	487,468
Total liabilities	—			2,727,355			2,654,805			23,075		(1,879,476		)	3,525,759
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	839						—			—		—			839
Additional paid-in-capital	696,473			697,312			1,284,776			2,324		(1,984,412		)	696,473
Retained earnings	277,751			277,751			644,213			8,931		(930,895		)	277,751
Accumulated other comprehensive loss	(60,430		)	(60,430		)	(52,490		)	918		112,002			(60,430		)
Total Shareholders' equity	914,633			914,633			1,876,499			12,173		(2,803,305		)	914,633
Total liabilities and shareholders' equity	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet December 30, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	83,123		$	9,158	$	—		$	92,281
Accounts receivable, net	—			—			135,791			8,093		—			143,884
Intercompany accounts receivable	—			—			73,769			—		(73,769		)	—
Inventories, net	—			—			350,922			7,129		—			358,051
Other current assets	—			1,130			10,546			186		—			11,862
Deferred tax assets	—			—			100,245			74		(1,120		)	99,199
Total current assets	—			1,130			754,396			24,640		(74,889		)	705,277
Plant assets, net	—			—			493,640			26		—			493,666
Investment in subsidiaries	888,726			1,840,632			11,222			—		(2,740,580		)	—
Intercompany note receivable	—			1,469,135			7,270			9,800		(1,486,205		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			23,691			131,707			160		—			155,558
Deferred tax assets	—			239,347			—			—		(239,347		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988
Current liabilities:
Short-term borrowings	$	—		$	—		$	2,139		$	—	$	—		$	2,139
Current portion of long-term obligations	—			27,411			3,008			—		—			30,419
Accounts payable	—			37			136,220			1,069		—			137,326
Intercompany accounts payable	—			65,888			—			7,881		(73,769		)	—
Accrued trade marketing expense	—			—			41,396			3,175		—			44,571
Accrued liabilities	—			29,662			90,000			727		(1,120		)	119,269
Total current liabilities	—			122,998			272,763			12,852		(74,889		)	333,724
Long-term debt	—			2,558,404			17,982			—		—			2,576,386
Intercompany note payable	—			—			1,478,593			7,612		(1,486,205		)	—
Pension and other postretirement benefits	—			—			100,918			—		—			100,918
Other long-term liabilities	—			3,807			22,168			2,730		—			28,705
Deferred tax liabilities	—			—			710,666			210		(239,347		)	471,529
Total liabilities	—			2,685,209			2,603,090			23,404		(1,800,441		)	3,511,262
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	812			—			—			—		—			812
Additional paid-in-capital	696,512			697,324			1,284,155			2,324		(1,983,803		)	696,512
Retained earnings	252,955			252,955			608,788			8,842		(870,585		)	252,955
Accumulated other comprehensive loss	(61,553		)	(61,553		)	(52,311		)	56		113,808			(61,553		)
Total Shareholders' equity	888,726			888,726			1,840,632			11,222		(2,740,580		)	888,726
Total liabilities and shareholders' equity	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations			Consolidated Total
Net sales	$	—		$	—		$	606,581		$	20,616	$	(14,216	)	$	612,981
Cost of products sold	—			12			454,483			17,565		(13,920		)	458,140
Gross profit	—			(12		)	152,098			3,051		(296		)	154,841
Operating expenses
Marketing and selling expenses	—			70			43,901			1,657		—			45,628
Administrative expenses	—			578			21,063			917		—			22,558
Research and development expenses	—			5			2,322			—		—			2,327
Intercompany royalties	—			—			—			9		(9		)	—
Intercompany technical service fees	—			—			—			287		(287		)	—
Other expense (income), net	—			—			3,657			—		—			3,657
Equity in (earnings) loss of investees	(24,796		)	(35,425		)	(89		)	—		60,310			—
Total operating expenses	(24,796		)	(34,772		)	70,854			2,870		60,014			74,170
Earnings before interest and taxes	24,796			34,760			81,244			181		(60,310		)	80,671
Intercompany interest (income) expense	—			(23,290		)	23,258			32		—			—
Interest expense	—			40,080			569			7		—			40,656
Interest income	—			—			2			1		—			3
Earnings before income taxes	24,796			17,970			57,419			143		(60,310		)	40,018
Provision (benefit) for income taxes	—			(6,826		)	21,994			54		—			15,222
Net earnings	$	24,796		$	24,796		$	35,425		$	89	$	(60,310	)	$	24,796
Total comprehensive earnings (loss)	$	25,919		$	25,919		$	36,109		$	493	$	(62,521	)	$	25,919

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries		Nonguarantor Subsidiaries			Eliminations			Consolidated Total
Net sales	$	—		$	—		$	612,279	$	18,463		$	(13,817	)	$	616,925
Cost of products sold	—			54			477,300		17,483			(13,589		)	481,248
Gross profit	—			(54		)	134,979		980			(228		)	135,677
Operating expenses
Marketing and selling expenses	—			121			42,924		955			—			44,000
Administrative expenses	—			1,019			18,804		791			—			20,614
Research and development expenses	—			9			2,198		—			—			2,207
Intercompany royalties	—			—			—		13			(13		)	—
Intercompany technical service fees	—			—			—		215			(215		)	—
Other expense (income), net				—			3,686		—			—			3,686
Equity in (earnings) loss of investees	(9,539		)	(25,769		)	773		—			34,535			—
Total operating expenses	(9,539		)	(24,620		)	68,385		1,974			34,307			70,507
Earnings before interest and taxes	9,539			24,566			66,594		(994		)	(34,535		)	65,170
Intercompany interest (income) expense	—			(23,423		)	23,393		30			—			—
Interest expense	—			48,956			649		7			—			49,612
Interest income	—			—			58		—			—			58
Earnings (loss) before income taxes	9,539			(967		)	42,610		(1,031		)	(34,535		)	15,616
Provision (benefit) for income taxes	—			(10,506		)	16,841		(258		)	—			6,077
Net earnings (loss)	$	9,539		$	9,539		$	25,769	$	(773	)	$	(34,535	)	$	9,539
Total comprehensive earnings	$	9,603		$	9,603		$	25,160	$	(1,322	)	$	(33,441	)	$	9,603

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(17,523	)	$	85,357		$	(90	)	$	—		$	67,744
Cash flows from investing activities
Intercompany accounts receivable/payable	—			28,291			—			—			(28,291		)	—
Capital expenditures	—			—			(18,242		)	—			—			(18,242		)
Sale of plant assets	—			—			1,775			—			—			1,775
Net cash (used in) provided by investing activities	—			28,291			(16,467		)	—			(28,291		)	(16,467		)
Cash flows from financing activities
Repayments of long-term obligations	—			(10,581		)	—			—			—			(10,581		)
Proceeds from short-term borrowing	—			—			1,107			—			—			1,107
Repayments of short-term borrowing	—			—			(1,415		)	—			—			(1,415		)
Intercompany accounts receivable/payable				—			(28,291		)				28,291			—
Repayment of capital lease obligations	—			—			(550		)	—			—			(550		)
Parent reduction in investment in subsidiary	187			(187		)	—			—			—			—
Repurchases of equity	(187		)	—			—			—			—			(187		)
Net cash (used in) provided by financing activities	—			(10,768		)	(29,149		)	—			28,291			(11,626		)
Effect of exchange rate changes on cash				—			—			162			—			162
Net change in cash and cash equivalents	—			—			39,741			72			—			39,813
Cash and cash equivalents - beginning of period	—			—			83,123			9,158			—			92,281
Cash and cash equivalents - end of period	$	—		$	—		$	122,864		$	9,230		$	—		$	132,094
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,776		$	549		$	—		$	—		$	36,325
Interest received	—			1			2			—			—			3
Income taxes paid	—			—			195			109			—			304
Non-cash investing and financing activities:
New capital leases	—			—			4,668			—			—			4,668

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(12,966	)	$	47,230		$	(407	)	$	—		$	33,857
Cash flows from investing activities
Intercompany accounts receivable/payable	—			1,873			—			—			(1,873		)	—
Repayments of intercompany loans	—			14,568			—						(14,568		)	—
Capital expenditures	—			—			(13,505		)	—			—			(13,505		)
Net cash (used in) provided by investing activities	—			16,441			(13,505		)	—			(16,441		)	(13,505		)
Cash flows from financing activities
Repayments of long-term obligations	—			(3,125		)	—			—			—			(3,125		)
Proceeds from short-term borrowing	—			—			815			—			—			815
Repayments of short-term borrowing	—			—			(937		)	—			—			(937		)
Intercompany accounts receivable/payable	—			—			(1,873		)				1,873			—
Repayments of intercompany loans	—			—			(14,568		)	—			14,568			—
Repayment of capital lease obligations	—			—			(792		)	—			—			(792		)
Parent reduction in investment in subsidiary	350			(350		)	—			—			—			—
Repurchases of equity	(350		)	—			—			—			—			(350		)
Net cash (used in) provided by financing activities	—			(3,475		)	(17,355		)	—			16,441			(4,389		)
Effect of exchange rate changes on cash				—			—			218			—			218
Net change in cash and cash equivalents	—			—			16,370			(189		)	—			16,181
Cash and cash equivalents - beginning of period	—			—			150,493			538			—			151,031
Cash and cash equivalents - end of period	$	—		$	—		$	166,863		$	349		$	—		$	167,212
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,040		$	633		$	—		$	—		$	35,673
Interest received	—			—			58			—			—			58
Income taxes (refunded) paid	—			—			(29		)	125			—			96

XML

Debt And Interest Expense Senior Secured Credit Facility (Details) (USD $)	3 Months Ended			3 Months Ended	0 Months Ended	3 Months Ended			3 Months Ended			3 Months Ended			0 Months Ended				3 Months Ended		3 Months Ended						3 Months Ended				3 Months Ended		0 Months Ended			0 Months Ended	3 Months Ended		3 Months Ended
	Mar. 31, 2013	Dec. 30, 2012	Mar. 31, 2013 Secured Debt [Member] Tranche E and F Loans [Member]	Mar. 31, 2013 Secured Debt [Member] Tranche B And E Term Loans [Member]	Aug. 31, 2012 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Mar. 31, 2013 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Dec. 30, 2012 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Apr. 17, 2012 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Mar. 31, 2013 Secured Debt [Member] Tranche B Extended term Loans due 2016	Dec. 30, 2012 Secured Debt [Member] Tranche B Extended term Loans due 2016	Apr. 17, 2012 Secured Debt [Member] Tranche B Extended term Loans due 2016	Mar. 31, 2013 Secured Debt [Member] Tranche E Term Loan Due 2018	Dec. 30, 2012 Secured Debt [Member] Tranche E Term Loan Due 2018	Apr. 17, 2012 Secured Debt [Member] Tranche E Term Loan Due 2018	Apr. 17, 2012 Secured Debt [Member] Tranche D Term Loans due 2014	Aug. 31, 2012 Secured Debt [Member] Tranche F Term Loan due 2018	Mar. 31, 2013 Secured Debt [Member] Tranche F Term Loan due 2018	Dec. 30, 2012 Secured Debt [Member] Tranche F Term Loan due 2018	Mar. 31, 2013 Secured Debt [Member] Revolving Credit Facility and Letters of Credit	Dec. 30, 2012 Secured Debt [Member] Revolving Credit Facility and Letters of Credit	Mar. 31, 2013 Secured Debt [Member] Tranche B Extended, B Non Extended E and F Term Loans [Member]	Mar. 25, 2012 Secured Debt [Member] Tranche B Extended, B Non Extended E and F Term Loans [Member]	Dec. 30, 2012 Secured Debt [Member] Tranche B Extended, B Non Extended E and F Term Loans [Member]	Apr. 17, 2012 New Revolving Credit Facility	Mar. 31, 2013 Revolving Credit Facility and Letters of Credit	Dec. 30, 2012 Revolving Credit Facility and Letters of Credit	Mar. 31, 2013 Letters of Credit	Dec. 30, 2012 Letters of Credit	Mar. 31, 2013 Majority Shareholder Secured Debt [Member] Tranche B And E Term Loans [Member]	Dec. 30, 2012 Majority Shareholder Secured Debt [Member] Tranche B And E Term Loans [Member]	Mar. 31, 2013 Net First Lien Secured Debt [Member]	Mar. 31, 2013 Restricted Payments Secured Debt [Member] Tranche B And E Term Loans [Member]	Sep. 21, 2012 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Apr. 19, 2012 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Apr. 02, 2007 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Sep. 21, 2012 Senior Notes [Member] 9.25% Senior Notes due 2015	Mar. 31, 2013 Senior Notes [Member] 9.25% Senior Notes due 2015	Apr. 02, 2007 Senior Notes [Member] 9.25% Senior Notes due 2015	Mar. 31, 2013 Reduction Criteria 1 [Member] Secured Debt [Member] Tranche B And E Term Loans [Member]	Mar. 31, 2013 Reduction Criteria 2 [Member] Secured Debt [Member] Tranche B And E Term Loans [Member]	Mar. 31, 2013 Minimum [Member]	Mar. 31, 2013 Maximum [Member]
Debt Instrument [Line Items]
Amount extended as part of the refinancing											$ 641,100,000					$ 450,000,000
Amount of loan that retained their original terms as part of the refinancing								550,000,000
Initial aggregate amount														400,000,000																					250,000,000			325,000,000
Total letter of credit issued under the Revolving Credit Facility cannot exceed																								150,000,000			50,000,000
Total redemption price of the Term Loans					300,000,000										313,200,000																		160,000,000	210,600,000
Amount of debt redeemed																																		199,000,000		150,000,000
Fixed interest rate																																			10.625%			9.25%
Due to Related Parties, Noncurrent	62,754,000	63,097,000																											62,754,000	63,097,000
Original issue discount on the Tranche E Term Loan in connection with the refinancing												4,000,000				3,400,000
Amount required to accelerate maturity dates						150,000,000			150,000,000																												150,000,000
Basis points added to the Federal Reserve overnight funds rate			0.25%	0.50%
Eurocurrency rate, minimum per annum												1.25%
Base rate, minimum per annum												2.25%
Percent of collateralized capital stock of, or other equity interests in, each direct foreign subsidiaries, or any domestic subsidiaries				65.00%
Interest rate																			3.70%	3.71%
Debt Instrument, Interest Rate During Period																					4.08%	3.50%
Weighted average interest rate																			0.00%
Eurocurrency rate						2.50%			3.50%			3.50%					3.50%				4.08%		4.08%		3.50%
Fronting fee, per annum																											0.125%
Outstanding amount on Revolving Credit Facility for letters of credit						240,139,000	243,264,000		634,700,000	637,906,000		396,000,000	398,000,000				446,625,000	448,875,000									32,974,000	33,453,000
Available borrowing capacity																									117,026,000	116,547,000	17,026,000	16,547,000
Percentage of Excess Cash Flow required to prepay Tranche B and Tranche D Loans				50.00%																																			25.00%	0.00%
Debt Instrument, Leverage Ratio	4.50																																								4.50	5.49
Senior Sceured Credit Facility loans mature in quarterly installments, percent				0.25%
Aggregate maturities due in the remainder of year									3,200,000			2,000,000					2,200,000
Aggregate maturities due in 2014						240,200,000			6,400,000			4,000,000					4,500,000
Aggregate maturities due in 2015									6,400,000			4,000,000					4,500,000
Aggregate maturities due in 2016									618,700,000			4,000,000					4,500,000
Aggregate maturities due in 2017												5,000,000					5,600,000
Aggregate maturities thereafter												377,000,000					425,300,000
Debt to EBITDA for the most recently concluded four consecutive fiscal quarters																															5.25	4.25
Amount of restricted payments for specified activities greater of amount or percent of consolidated total assets																																$ 50,000,000
Percent of restricted payments for specified activities greater of amount or percent of consolidated total assets																																2.00%

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Consolidated Statements Of Member's Equity (USD $) In Thousands, except Share data, unless otherwise specified	Total USD ($)	Additional Paid In Capital USD ($)	Common Stock [Member] USD ($)	Retained earnings USD ($)	Accumulated Other Comprehensive Loss USD ($)	Common Stock Number of Shares [Member]
Balance, Value, Beginning at Dec. 25, 2011	$ 845,352	$ 696,539	$ 813	$ 200,436	$ (52,436)
Common Stock, Shares, Outstanding						81,244,513
Equity contribution:
Stock Repurchased During Period, Shares						(28,080)
Stock Repurchased During Period, Value			0
Repurchases of equity	(350)	350
Equity related compensation	300	300
Comprehensive earnings	9,603			9,539	64
Balance, Value, Ending at Mar. 25, 2012	854,905	696,489	813	209,975	(52,372)
Balance, Value, Beginning at Dec. 30, 2012	888,726	696,512	812	252,955	(61,553)
Common Stock, Shares, Outstanding	83,903,385					83,903,385
Stock Issued During Period, Value, New Issues						2,700,767
Stock Issued During Period, Value, Conversion of Convertible Securities			27
Adjustments to Additional Paid in Capital, Warrant Issued		(27)
Equity contribution:
Cash	0
Stock Repurchased During Period, Shares						(8,054)
Stock Repurchased During Period, Value			0
Repurchases of equity	(187)	187
Equity related compensation	175	175
Comprehensive earnings	25,919			24,796	1,123
Balance, Value, Ending at Mar. 31, 2013	$ 914,633	$ 696,473	$ 839	$ 277,751	$ (60,430)

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Consolidated Statement of Comprehensive Earnings (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Statement of Other Comprehensive Income [Abstract]
Net earnings	$ 24,796	$ 9,539
Other comprehensive earnings
Foreign currency translation	(2)	265
Net gain (loss) on financial instrument contracts	604	(4,309)
Loss on pension actuarial assumption adjustments	0	(110)
Financial instrument contracts	662	4,045
Amortization of deferred mark-to-market adjustment on terminated swaps	0	413
Loss on pension actuarial assumption adjustments	456	13
Tax provision on other comprehensive earnings	(597)	(253)
Total other comprehensive earnings - net of tax	1,123	64
Total comprehensive earnings	$ 25,919	$ 9,603

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Pension And Retirement Plans

3 Months Ended

Mar. 31, 2013

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Pension And Retirement Plans

Pension and Retirement Plans

The Company accounts for pension and retirement plans in accordance with the authoritative guidance for retirement benefit compensation. This guidance requires recognition of the funded status of a benefit plan in the statement of financial position. The guidance also requires recognition in accumulated other comprehensive earnings of certain gains and losses that arise during the period but are deferred under pension accounting rules.

The Company uses a measurement date for the pension benefit plans that coincides with its year end.

The Company has two defined benefit plans (Pinnacle Foods Pension Plan and the Birds Eye Foods Pension Plan, both of which are frozen for future benefit accruals as of December 30, 2012), two qualified 401(k) plans, two non-qualified 40l(k) plans and participates in a multi-employer defined benefit plan.

Pinnacle Foods Pension Plan

The Company maintains a non-contributory defined benefit pension plan (the “Pinnacle Foods Pension Plan”) that covers eligible union employees and provides benefits generally based on years of service and employees’ compensation. The Pinnacle Foods Pension Plan is funded in conformity with the funding requirements of applicable government regulations. Plan assets consist principally of cash equivalents, equity and fixed income common collective trusts. Plan assets do not include any of the Company’s own equity or debt securities.

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Pinnacle Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	277
Interest cost	1,021			1,028
Expected return on assets	(1,125		)	(1,089		)
Amortization of:
prior service cost	—			10
actuarial loss	246			447
Net periodic cost	$	142		$	673

Cash Flows

Contributions. Due to changes in Federal laws passed in July 2012  governing pension funding requirements, our required payments for pension funding are lower in fiscal 2013 than they were in fiscal 2012. In fiscal 2013, the Company expects to make contributions of $2.7 million to the Pinnacle Foods Pension Plan, of which a minimum required payment of $0.1 million was made in the three months ended March 31, 2013. The Company made contributions to the pension plan totaling $4.1 million in fiscal 2012, of which $0.9 million was made in the three months ended March 25, 2012.

Birds Eye Foods Pension Plan

The Company’s Birds Eye Foods Pension Plan (the “Birds Eye Foods Pension Plan”) consists of hourly and salaried employees and has primarily non-contributory defined-benefit schedules. Benefits for the salaried employees have been frozen since the plan was acquired.

The Company acquired an Excess Benefit Retirement Plan from Birds Eye Foods ("EBRP"), which serves to provide employees with the same retirement benefit they would have received from Birds Eye’s retirement plan under the career average base pay formula. Benefits for this plan are frozen. Also, the Company maintains a non-qualified Supplemental Executive Retirement Plan (“SERP”) which provides additional retirement benefits to two prior executives of Birds Eye Foods who retired prior to November 4, 1994. Expenses and liabilities for the EBRP and the SERP plan are grouped with those of the Birds Eye Pension Plan in all disclosures listed herein.

The benefits for these plans are based primarily on years of service and employees’ pay near retirement. The Company’s funding policy is consistent with the funding requirements of Federal laws and regulations. Plan assets consist principally of cash equivalents, equity and fixed income common collective trusts. Plan assets do not include any of the Company’s own equity or debt securities.

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Birds Eye Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	52
Interest cost	1,818			1,928
Expected return on assets	(2,249		)	(2,086		)
Amortization of actuarial loss	210			87
Net periodic (benefit) cost	$	(221	)	$	(19	)

Cash Flows

Contributions. Due to changes in Federal laws passed in July 2012  governing pension funding requirements, our required payments for pension funding are lower in fiscal 2013 than they were in fiscal 2012. In fiscal 2013, the Company expects to make contributions of $5.2 million to the Birds Eye Foods Pension Plan, of which a minimum required payment of $0.2 million was made in the three months ended March 31, 2013. The Company made contributions to the pension plan totaling $8.4 million in fiscal 2012, of which $1.8 million was made in the three months ended March 25, 2012.

Multi-employer Plans

Pinnacle contributes to the United Food and Commercial Workers International Union Industry Pension Fund (EIN 51-6055922) (the "UFCW Plan") under the terms of the collective-bargaining agreement with its Fort Madison employees. In September 2012, the collective bargaining agreement expired for 450 of our union employees in Fort Madison, Iowa. On February 14, 2013, a new four year collective bargaining agreement, effective through September 2016, was ratified by our Fort Madison union employees.

For the three months ended March 31, 2013 and March 25, 2012, contributions to the UFCW Plan were $189 and $184, respectively. The contributions to this plan are paid monthly based upon the number of employees. They represent less than 5% of the total contributions received by this plan during the most recent plan year.

The risks of participating in multi-employer plans are different from single-employer plans in the following aspects: (a) assets contributed to a multi-employer plan by one employer may be used to provide benefits to employees of other participating employers, (b) if a participating employer stops contributing to the multi-employer plan, the unfunded obligations of the plan may be borne by the remaining participating employers and (c) if the Company chooses to stop participating in the plan, the Company may be required to pay a withdrawal liability based on the underfunded status of the plan.

The UFCW Plan received a Pension Protection Act “green” zone status for the plan year ending June 30, 2012. The zone status is based on information the Company received from the plan and is certified by the plan's actuary. Among other factors, plans in the green zone are at least 80 percent funded. The UFCW Plan did not utilize any extended amortization provisions that effect its placement in the "green" zone. The UFCW Plan has never been required to implement a funding improvement plan nor is one pending at this time.

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Subsequent Events Narrative (Details) (USD $)				0 Months Ended		0 Months Ended						0 Months Ended					0 Months Ended						0 Months Ended
	Mar. 31, 2013	Dec. 30, 2012	Aug. 17, 2010 8.25% Senior Notes due 2017 [Member] Senior Notes [Member]	Sep. 21, 2012 9.25% Senior Notes due 2015 Senior Notes [Member]	Apr. 02, 2007 9.25% Senior Notes due 2015 Senior Notes [Member]	Apr. 29, 2013 Subsequent Event [Member]	Apr. 03, 2013 Subsequent Event [Member]	Apr. 29, 2013 Subsequent Event [Member] 8.25% Senior Notes due 2017 [Member] Senior Notes [Member]	Aug. 17, 2010 Subsequent Event [Member] 8.25% Senior Notes due 2017 [Member] Senior Notes [Member]	Mar. 31, 2013 Subsequent Event [Member] 9.25% Senior Notes due 2015 Senior Notes [Member]	Apr. 02, 2007 Subsequent Event [Member] 9.25% Senior Notes due 2015 Senior Notes [Member]	Apr. 03, 2013 Majority Shareholder	Apr. 03, 2013 Majority Shareholder Subsequent Event [Member]	Aug. 31, 2012 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Apr. 17, 2012 Secured Debt [Member] Tranche B Extended term Loans due 2016	Aug. 31, 2012 Secured Debt [Member] Tranche F Term Loan due 2018	Apr. 03, 2013 April 2013 Initial Public Offering [Member] Subsequent Event [Member]	Apr. 03, 2013 April 2013 Initial Public Offering [Member] Subsequent Event [Member] 9.25% Senior Notes due 2015 Senior Notes [Member]	Apr. 03, 2013 April 2013 Initial Public Offering [Member] Secured Debt [Member] Subsequent Event [Member] Tranche B Non Extended Term Loans due 2014	Apr. 29, 2013 April 2013 Refinancing [Member] Subsequent Event [Member] 4.875% Senior Notes Due 2021 Senior Notes [Member]	Apr. 29, 2013 April 2013 Refinancing [Member] Subsequent Event [Member] 8.25% Senior Notes due 2017 [Member] Senior Notes [Member]	Apr. 29, 2013 April 2013 Refinancing [Member] New Revolving Credit Facility (2013) [Member] [Member] Subsequent Event [Member]	Apr. 29, 2013 April 2013 Refinancing [Member] Secured Debt [Member] Subsequent Event [Member] Tranche B Non Extended Term Loans due 2014	Apr. 29, 2013 April 2013 Refinancing [Member] Secured Debt [Member] Subsequent Event [Member] Tranche B Extended term Loans due 2016	Apr. 29, 2013 April 2013 Refinancing [Member] Secured Debt [Member] Subsequent Event [Member] Tranche E Term Loan Due 2018	Apr. 29, 2013 April 2013 Refinancing [Member] Secured Debt [Member] Subsequent Event [Member] Tranche F Term Loan due 2018	Apr. 29, 2013 April 2013 Refinancing [Member] Secured Debt [Member] Subsequent Event [Member] Tranche G Extended Term Loans Due 2020
Subsequent Event [Line Items]
IPO share issued							33,350,000
IPO shares sold							33,350,000
Share price							$ 20.00
Share price net of underwriting discounts							$ 18.80
Proceeds from issuance of initial public offering																	$ 627,000,000
Amount of debt redeemed				150,000,000														465,000,000			400,000,000
Fixed interest rate			8.25%		9.25%				8.25%		9.25%									4.875%
Redemption prices, percent of outstaniding principal				102.313%				108.50%		100.00%
Total redemption price of the Term Loans														300,000,000					202,000,000				38,100,000	634,700,000	396,000,000	446,600,000
Termination fee for advisory agreement												15,100,000	15,100,000
Debt Instrument, Term																											7 years
Amount extended as part of the refinancing															641,100,000	450,000,000											1,630,000,000
Line of Credit Term						5 years
Total letter of credit issued under the Revolving Credit Facility cannot exceed																						150,000,000
Proceeds from Issuance of Unsecured Debt																				$ 350,000,000
Amended IPO shares authorized							550,000,000
Common stock shares authorized	200,000,000	200,000,000					500,000,000
Common stock par value	$ 0.01	$ 0.01					$ 0.01
Preferred stock shares authorized							50,000,000
Prefeered stock par value							$ 0.01

XML

Document And Entity Information	3 Months Ended
	Mar. 31, 2013	May 10, 2013
Document And Entity Information [Abstract] [Abstract]
Entity Registrant Name	Pinnacle Foods Inc.
Entity Central Index Key	0001564822
Current Fiscal Year End Date	--12-29
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		117,263,832

XML

Financial Instruments

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

Financial Instruments

Risk Management Objective of Using Derivatives

The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates, foreign exchange rates or commodity prices.

The Company manages interest rate risk based on the varying circumstances of anticipated borrowings and existing variable and fixed rate debt, including the Company’s revolving credit facility. Examples of interest rate management strategies include capping interest rates using targeted interest cost benchmarks, hedging portions of the total amount of debt, or hedging a period of months and not always hedging to maturity, and at other times locking in rates to fix interests costs.

Certain parts of the Company’s foreign operations in Canada expose the Company to fluctuations in foreign exchange rates. The Company’s goal is to reduce its exposure to such foreign exchange risks on its foreign currency cash flows and fair value fluctuations on recognized foreign currency denominated assets, liabilities and unrecognized firm commitments to acceptable levels primarily through the use of foreign exchange-related derivative financial instruments. The Company enters into derivative financial instruments to protect the value or fix the amount of certain obligations in terms of its functional currency. The Company does not enter into these transactions for non-hedging purposes.

The Company purchases raw materials in quantities expected to be used in a reasonable period of time in the normal course of business. The Company generally enters into agreements for either spot market delivery or forward delivery. The prices paid in the forward delivery contracts are generally fixed, but may also be variable within a capped or collared price range. Forward derivative contracts on certain commodities are entered into to manage the price risk associated with forecasted purchases of materials used in the Company’s manufacturing process.

Cash Flow Hedges of Interest Rate Risk

The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. During the three months ended March 31, 2013 and March 25, 2012, such derivatives were used to hedge the variable cash flows associated with existing variable-rate debt.

As of March 31, 2013, the Company had the following interest rate swaps that were designated as cash flow hedges of interest rate risk:

Product	Number of Instruments	Notional Amount		Fixed Rate Range		Index	Trade Dates	Maturity Dates
Interest Rate Swaps	2	$	900,000	0.58	%	USD-LIBOR-BBA	Aug 2011	Apr 2014

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in Accumulated other comprehensive loss (“AOCL”) in the Consolidated Balance Sheets and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. Amounts reported in AOCL related to derivatives will be reclassified to Interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates that an additional $2,778 will be reclassified as an increase to Interest expense.

Cash Flow Hedges of Foreign Exchange Risk

The Company’s operations in Canada expose the Company to changes in the U.S. Dollar – Canadian Dollar ("USD-CAD") foreign exchange rate. From time to time, the Company’s Canadian subsidiary purchases inventory denominated in U.S. Dollars ("USD"), a currency other than its functional currency. The subsidiary sells that inventory in Canadian dollars. The subsidiary uses currency forward and collar agreements to manage its exposure to fluctuations in the USD-CAD exchange rate. Currency forward agreements involve fixing the USD-CAD exchange rate for delivery of a specified amount of foreign currency on a specified date. Currency collar agreements involve the sale of Canadian Dollar ("CAD") currency in exchange for receiving U.S. dollars if exchange rates rise above an agreed upon rate and purchase of USD currency in exchange for paying CAD currency if exchange rates fall below an agreed upon rate at specified dates.

As of March 31, 2013, the Company had the following foreign currency exchange contracts (in aggregate) that were designated as cash flow hedges of foreign exchange risk:

Product	Number of Instruments	Notional Sold in Aggregate in ("CAD")		Notional Purchased in Aggregate in ("USD")		USD to CAD Exchange Rates	Trade Date	Maturity Dates
CAD Forward	10	$	38,850	$	39,318	0.984 - 0.993	Sep 2012	Apr 2013 - Dec 2013

The effective portion of changes in the fair value of derivatives designated that qualify as cash flow hedges of foreign exchange risk is recorded in AOCL in the Consolidated Balance Sheets and subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portions of the change in fair value of the derivative, as well as amounts excluded from the assessment of hedge effectiveness, are recognized directly in Cost of products sold in the Consolidated Statements of Operations.

Non-designated Hedges of Commodity Risk

Derivatives not designated as hedges are not speculative and are used to manage the Company’s exposure to commodity price risk but do not meet the authoritative guidance for hedge accounting. From time to time, the Company enters into commodity forward contracts to fix the price of natural gas, diesel fuel, corn, wheat and soybean oil purchases and other commodities at a future delivery date. Changes in the fair value of derivatives not designated in hedging relationships are recorded directly in Cost of products sold in the Consolidated Statements of Operations.

As of March 31, 2013, the Company had the following derivative instruments that were not designated in qualifying hedging relationships:

Commodity Contracts	Number of Instruments	Notional Amount	Price/Index	Trade Dates	Maturity Dates
Diesel Fuel Contracts	1	662,461 Gallons	$3.64 per Gallon	June 2012	June 2013
Corn Contracts	4	780,000 Bushels	$6.85 - $7.82 per Bushel	Sep 2012 - Mar 2013	Apr 2013

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification in the Consolidated Balance Sheets as of March 31, 2013 and December 30, 2012.

	Tabular Disclosure of Fair Values of Derivative Instruments
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value as of March 31, 2013		Balance Sheet Location	Fair Value as of March 31, 2013
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,074
Foreign Exchange Contracts	Other current assets	$	1,182
Total derivatives designated as hedging instruments		$	1,182		$	3,074
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	398	Accrued liabilities	$	153
Total derivatives not designated as hedging instruments		$	398		$	153
	Balance Sheet Location	Fair Value as of December 30, 2012		Balance Sheet Location	Fair Value as of December 30, 2012
Derivatives designated as hedging instruments
Interest Rate Contracts				Other long-term liabilities	$	3,807
Foreign Exchange Contracts	Other current assets	$	605
	Other assets, net	33
Total derivatives designated as hedging instruments		$	638		$	3,807
Derivatives not designated as hedging instruments
Commodity Contracts	Other current assets	$	525	Accrued liabilities	$	682
Total derivatives not designated as hedging instruments		$	525		$	682

The table below presents the effect of the Company’s derivative financial instruments in the Consolidated Statements of Operations and Accumulated other comprehensive loss ("AOCL") for the three months ended March 31, 2013 and March 25, 2012.

Tabular Disclosure of the Effect of Derivative Instruments

Gain/(Loss)
Derivatives in Cash Flow Hedging Relationships	Recognized in AOCL on Derivative (Effective Portion)			Effective portion reclassified from AOCL to:	Reclassified from AOCL into Earnings (Effective Portion)			Ineffective portion recognized in Earnings in:	Recognized in Earnings on Derivative (Ineffective Portion)
Interest Rate Contracts	$	(132	)	Interest expense	$	(854	)	Interest expense	$	10
Foreign Exchange Contracts	736			Cost of products sold	192			Cost of products sold	—
Three months ended March 31, 2013	$	604			$	(662	)		$	10
Interest Rate Contracts	$	(3,383	)	Interest expense	$	(4,490	)	Interest expense	$	(1	)
Foreign Exchange Contracts	(926		)	Cost of products sold	32			Cost of products sold	(15		)
Three months ended March 25, 2012	$	(4,309	)		$	(4,458	)		$	(16	)
Derivatives Not Designated as Hedging Instruments				Recognized in Earnings in:	Recognized in Earnings on Derivative
Commodity Contracts				Cost of products sold	$	205
Three months ended March 31, 2013					$	205
Commodity Contracts				Cost of products sold	$	743
Three months ended March 25, 2012					$	743

Credit risk-related Contingent Features

The Company has agreements with certain counterparties that contain a provision whereby the Company could be declared in default on its derivative obligations if repayment of the underlying indebtedness is accelerated by the lender due to the Company’s default on the indebtedness. As of March 31, 2013, the Company has not posted any collateral related to these agreements. If the Company had breached this provision at March 31, 2013, it could have been required to settle its obligations under the agreements at their termination value, which differs from the recorded fair value. The table below summarizes the aggregate fair values of those derivatives that contain credit risk-related contingent features as of March 31, 2013 and December 30, 2012.

March 31, 2013

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(1,691	)	$	22	$	(132	)	$	(1,537	)
	Commodity Contracts	245			—		—			245
Credit Suisse	Interest Rate Contracts	(1,691		)	22		(132		)	(1,537		)
	Foreign Exchange Contracts	1,182			—		—			1,182
Total		$	(1,955	)	$	44	$	(264	)	$	(1,647	)

December 30, 2012

Asset/(Liability)
Counterparty	Contract Type	Termination Value			Performance Risk Adjustment		Accrued Interest			Fair Value (excluding interest)
Barclays	Interest Rate Contracts	$	(2,063	)	$	31	$	(128	)	$	(1,904	)
	Commodity Contracts	(158		)	—		—			(158		)
Credit Suisse	Interest Rate Contracts	(2,063		)	32		(128		)	(1,903		)
	Foreign Exchange Contracts	636			3		—			639
Total		$	(3,648	)	$	66	$	(256	)	$	(3,326	)

XML

Financial Instruments Schedue of derivative financial instruments on the Consolidated Statements of Operations and Accumulated other comprehensive (loss) earnings (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on financial instrument contracts	$ 604	$ (4,309)
Recognized in Earnings on Derivative	205	743
Not Designated as Hedging Instrument | Commodity Contract | Cost of products sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Recognized in Earnings on Derivative	205	743
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on financial instrument contracts	604	(4,309)
Reclassified from AOCE into Earnings (Effective Portion)	(662)	(4,458)
Recognized in Earnings on Derivative (Ineffective Portion)	10	(16)
Cash Flow Hedging | Designated as Hedging Instrument | Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on financial instrument contracts	(132)	(3,383)
Cash Flow Hedging | Designated as Hedging Instrument | Interest Rate Contracts | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Reclassified from AOCE into Earnings (Effective Portion)	(854)	(4,490)
Recognized in Earnings on Derivative (Ineffective Portion)	10	(1)
Cash Flow Hedging | Designated as Hedging Instrument | Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on financial instrument contracts	736	(926)
Cash Flow Hedging | Designated as Hedging Instrument | Foreign Exchange Contracts | Cost of products sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Reclassified from AOCE into Earnings (Effective Portion)	192	32
Recognized in Earnings on Derivative (Ineffective Portion)	$ 0	$ (15)

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Guarantor And Nonguarantor Statements Statements of Cash Flows (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		$ 0
Cash flows from operating activities
Net cash provided by (used in) operating activities	67,744	33,857
Cash flows from investing activities
Intercompany accounts receivable/payable	0	0
Repayments of intercompany loans		0
Capital expenditures	(18,242)	(13,505)
Sale of plant assets held for sale	1,775	0
Net cash used in investing activities	(16,467)	(13,505)
Cash flows from financing activities
Repayments of long-term obligations	(10,581)	(3,125)
Proceeds from short-term borrowing	1,107	815
Intercompany accounts receivable/payable	0	0
Repayment of capital lease obligations	(550)	(792)
Parent reduction in investment in subsidiary	0	0
Equity contributions	0
Repurchases of equity	(187)	(350)
Net cash used in financing activities	(11,626)	(4,389)
Effect of exchange rate changes on cash	162	218
Net change in cash and cash equivalents	39,813	16,181
Cash and cash equivalents - beginning of period	92,281	151,031
Cash and cash equivalents - end of period	132,094	167,212
Supplemental disclosures of cash flow information:
Interest paid	36,325	35,673
Interest received	3	58
Income taxes paid (refunded)	304	96
Non-cash investing and financing activities:
New capital leases	4,668	0
Repayments of short-term borrowing	1,415	937
Pinnacle Foods Finance LLC
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		0
Cash flows from operating activities
Net cash provided by (used in) operating activities	0
Cash flows from investing activities
Intercompany accounts receivable/payable	0	0
Repayments of intercompany loans		0
Capital expenditures	0	0
Sale of plant assets held for sale	0
Net cash used in investing activities	0	0
Cash flows from financing activities
Repayments of long-term obligations	0	0
Proceeds from short-term borrowing	0	0
Intercompany accounts receivable/payable		0
Repayment of capital lease obligations	0	0
Parent reduction in investment in subsidiary	187	350
Repurchases of equity	(187)	(350)
Net cash used in financing activities	0	0
Effect of exchange rate changes on cash
Net change in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	0	0
Cash and cash equivalents - end of period	0	0
Supplemental disclosures of cash flow information:
Interest paid	0	0
Interest received	0	0
Income taxes paid (refunded)	0	0
Non-cash investing and financing activities:
Repayments of short-term borrowing	0	0
Debt Issuing Company [Member]
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		0
Cash flows from operating activities
Net cash provided by (used in) operating activities	(17,523)	(12,966)
Cash flows from investing activities
Intercompany accounts receivable/payable	28,291	1,873
Repayments of intercompany loans		14,568
Capital expenditures	0	0
Sale of plant assets held for sale	0
Net cash used in investing activities	28,291	16,441
Cash flows from financing activities
Repayments of long-term obligations	(10,581)	(3,125)
Proceeds from short-term borrowing	0	0
Intercompany accounts receivable/payable	0	0
Repayment of capital lease obligations	0	0
Parent reduction in investment in subsidiary	(187)	(350)
Repurchases of equity	0	0
Net cash used in financing activities	(10,768)	(3,475)
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	0	0
Cash and cash equivalents - end of period	0	0
Supplemental disclosures of cash flow information:
Interest paid	35,776	35,040
Interest received	1	0
Income taxes paid (refunded)	0	0
Non-cash investing and financing activities:
New capital leases	0
Repayments of short-term borrowing	0	0
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		14,568
Cash flows from operating activities
Net cash provided by (used in) operating activities	85,357	47,230
Cash flows from investing activities
Intercompany accounts receivable/payable	0	0
Repayments of intercompany loans		0
Capital expenditures	(18,242)	13,505
Sale of plant assets held for sale	1,775
Net cash used in investing activities	(16,467)	(13,505)
Cash flows from financing activities
Repayments of long-term obligations	0	0
Proceeds from short-term borrowing	1,107	815
Intercompany accounts receivable/payable	(28,291)	(1,873)
Repayment of capital lease obligations	(550)	(792)
Parent reduction in investment in subsidiary	0	0
Repurchases of equity	0	0
Net cash used in financing activities	(29,149)	(17,355)
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	39,741	16,370
Cash and cash equivalents - beginning of period	83,123	150,493
Cash and cash equivalents - end of period	122,864	166,863
Supplemental disclosures of cash flow information:
Interest paid	549	633
Interest received	2	58
Income taxes paid (refunded)	195	(29)
Non-cash investing and financing activities:
New capital leases	4,668
Repayments of short-term borrowing	1,415	937
Nonguarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		0
Cash flows from operating activities
Net cash provided by (used in) operating activities	(90)	(407)
Cash flows from investing activities
Intercompany accounts receivable/payable	0	0
Repayments of intercompany loans
Capital expenditures	0	0
Sale of plant assets held for sale	0
Net cash used in investing activities	0	0
Cash flows from financing activities
Repayments of long-term obligations	0	0
Proceeds from short-term borrowing	0	0
Intercompany accounts receivable/payable
Repayment of capital lease obligations	0	0
Parent reduction in investment in subsidiary	0	0
Repurchases of equity	0	0
Net cash used in financing activities	0	0
Effect of exchange rate changes on cash	162	218
Net change in cash and cash equivalents	72	(189)
Cash and cash equivalents - beginning of period	9,158	538
Cash and cash equivalents - end of period	9,230	349
Supplemental disclosures of cash flow information:
Interest paid	0	0
Interest received	0	0
Income taxes paid (refunded)	109	125
Non-cash investing and financing activities:
New capital leases	0
Repayments of short-term borrowing	0	0
Eliminations and Reclassifications
Condensed Financial Statements, Captions [Line Items]
Repayments of intercompany loans		(14,568)
Cash flows from operating activities
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities
Intercompany accounts receivable/payable	(28,291)	(1,873)
Repayments of intercompany loans		(14,568)
Capital expenditures	0	0
Sale of plant assets held for sale	0
Net cash used in investing activities	(28,291)	(16,441)
Cash flows from financing activities
Repayments of long-term obligations	0	0
Proceeds from short-term borrowing	0	0
Intercompany accounts receivable/payable	28,291	1,873
Repayment of capital lease obligations	0	0
Parent reduction in investment in subsidiary	0	0
Repurchases of equity	0	0
Net cash used in financing activities	28,291	16,441
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	0	0
Cash and cash equivalents - end of period	0	0
Supplemental disclosures of cash flow information:
Interest paid	0	0
Interest received	0	0
Income taxes paid (refunded)	0	0
Non-cash investing and financing activities:
New capital leases	0
Repayments of short-term borrowing	$ 0	$ 0

XML

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Current assets:
Cash and cash equivalents	$ 132,094	$ 92,281
Accounts receivable, net of allowances of $5,768 and $5,149, respectively	168,451	143,884
Inventories	326,126	358,051
Other current assets	16,466	11,862
Deferred tax assets	100,391	99,199
Total current assets	743,528	705,277
Plant assets, net of accumulated depreciation of $259,018 and $244,694, respectively	501,178	493,666
Tradenames	1,603,992	1,603,992
Other assets, net	150,199	155,558
Goodwill	1,441,495	1,441,495
Total assets	4,440,392	4,399,988
Current liabilities:
Short-term borrowings	1,831	2,139
Current portion of long-term obligations	14,832	30,419
Accounts payable	127,443	137,326
Accrued trade marketing expense	50,825	44,571
Accrued liabilities	130,129	119,269
Total current liabilities	325,060	333,724
Long-term debt (includes $62,754 and $63,097 owed to related parties, respectively)	2,585,825	2,576,386
Pension and other postretirement benefits	100,046	100,918
Other long-term liabilities	27,360	28,705
Deferred tax liabilities	487,468	471,529
Total liabilities	3,525,759	3,511,262
Commitments and contingencies (Note 12)
Shareholders' equity:
Pinnacle common stock: par value $.01 per share, 200,000,000 shares authorized, issued and outstanding 83,903,385 and 81,210,672, respectively	839	812
Additional paid-in-capital	696,473	696,512
Retained earnings	277,751	252,955
Accumulated other comprehensive loss	(60,430)	(61,553)
Total shareholders' equity	914,633	888,726
Total liabilities and shareholders' equity	$ 4,440,392	$ 4,399,988

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share

3 Months Ended

Mar. 31, 2013

Disclosure of Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share [Abstract]

Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share

Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share

Equity-based Compensation

The Company has two long-term incentive programs: The 2007 Stock Incentive Plan and the 2013 Omnibus Incentive Plan. Prior to March 28, 2013, the Company also had the 2007 Unit Plan, which was terminated in connection with the Company's recent IPO. Equity-based compensation expense recognized during the period is based on the value of the portion of equity-based payment awards that is ultimately expected to vest during the period. As equity-based compensation expense recognized in the Consolidated Statements of Operations is based on awards ultimately expected to vest, it has been reduced for estimated forfeitures. The authoritative guidance for equity compensation requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.

The Company currently uses the Black-Scholes option-pricing model as its method of valuation for equity-based awards. Prior to March 28, 2013, since the underlying equity was not publicly traded, the determination of fair value of equity-based payment awards on the date of grant using an option-pricing model was based upon estimates of enterprise value as well as assumptions regarding a number of highly complex and subjective variables. The estimated enterprise value was based upon forecasted cash flows for five years plus a terminal year and an assumed discount rate. The other variables used to determine fair value of equity-based payment awards include, but are not limited to, the expected stock price volatility of a group of industry comparable companies over the term of the awards, and actual and projected employee equity option exercise behaviors.

The fair value of the options granted during the three months ended March 31, 2013 and March 25, 2012, respectively, was estimated on the date of the grant (using an IPO price of $20.00 a share on the first quarter 2013 grant) using the Black-Scholes model with the following weighted average assumptions:

	March 31, 2013		March 25, 2012
Risk-free interest rate	1.1	%	0.64	%
Expected time to option exercise	6.50 years		1.93 years
Expected volatility of Pinnacle Foods Inc. stock	35	%	55	%
Expected dividend yield on Pinnacle Foods Inc. stock	3.60	%	—	%

Volatility was based on the average volatility of a group of publicly traded food companies. The Company estimates the annual forfeiture rates to be between 6.0% and 8.0% under its long-term incentive plans.

Expense Information

The following table summarizes equity-based compensation expense related to employee equity options and employee equity units under the authoritative guidance for equity compensation which was allocated as follows:

	Three months ended
	March 31, 2013			March 25, 2012
Cost of products sold	$	23		$	40
Marketing and selling expenses	70			121
Administrative expenses	77			130
Research and development expenses	5			9
Pre-Tax Equity-Based Compensation Expense	175			300
Income Tax Benefit	(6		)	(12		)
Net Equity-Based Compensation Expense	$	169		$	288

As of March 31, 2013, cumulative unrecognized equity compensation expense of the unvested portion of shares for the Company's two long-term incentive programs was $40,986. The weighted average period over which vesting will occur is approximately 6.8 years for the 2007 Stock Incentive Plan and 3 years for the 2013 Omnibus Plan. The Company did not meet the Management EBITDA target in 2012 or in 2011 for awards issued in 2011 and prior and, as a result, the Performance Options did not vest. For grants made in 2012, the Company did meet the Management EBITDA target. Options and units under the plans have a termination date of 10 years from the date of issuance.

2007 Stock Incentive Plan

The Company adopted an equity option plan (the “2007 Stock Incentive Plan”) providing for the issuance of up to 1,104,888 shares of the Company's common stock. Pursuant to the 2007 Stock Incentive Plan, certain officers, employees, managers, directors and other persons are eligible to receive grants of nonqualified stock options, as permitted by applicable law. For options granted from 2007 to 2009, generally 25% of the options will vest ratably over five years (“Time-Vested Options”), subject to full acceleration upon a change of control. Fifty percent of the options vest ratably over five years if annual or cumulative Management EBITDA targets, as defined, are met (“Performance Options”). The final 25% of the options vest either on a change of control or liquidity event, if a 12% annual internal rate of return is attained by Blackstone (“Exit Options”). In addition, the plan was also revised to provide that if the EBITDA target is achieved in any two consecutive fiscal years (excluding 2007 and 2008) during the employee's continued employment, then that year's and all prior years' performance options will vest and become exercisable, and if the exit options vest and become exercisable during the employees continued employment, then all the performance options will also vest and become exercisable. Subsequent to 2009, the Company awarded options in the form of Time Vested Options (25%) and Performance Options (75%) to certain employees. The options have the same vesting provisions as stated above, including the provisions that if there is a change of control or liquidity event and if a 12% annual internal rate of return is attained by Blackstone, then all the Performance Options will also vest and become exercisable. Prior to March 1, 2013, this annual internal rate of return target was 20%, but the Compensation Committee of the Board of Directors reduced the target for vesting purposes on that date from 20% to 12% to reflect changes in the food industry environment since the plan was adopted. Subsequent to the adoption of the 2013 Omnibus plan, there will be no more grants under this plan.

The following table summarizes the equity option transactions under the 2007 Stock Incentive Plan:

		Number of Shares		Weighted Average Exercise Price		Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		436,486		$	9.99	$	3.97	6.22	1,642
	Granted	—		—		—
	Exercised	(6,022	)	8.77		4.10
	Forfeitures	(8,949	)	8.96		2.66
Outstanding, March 31, 2013		421,515		10.03		$	3.97	6.03	5,134
Exercisable, March 31, 2013		178,274		$	9.01	$	4.04	5.03	$	2,353

2007 Unit Plan

Peak Holdings, the former parent of Pinnacle Foods Inc., adopted an equity plan (the “2007 Unit Plan”) providing for the issuance of profit interest units (PIUs) in Peak Holdings. Certain employees had been given the opportunity to invest in Peak Holdings through the purchase of Peak Holding's Class A-2 Units. In addition, from 2007 to 2009, each manager who so invested was awarded profit interests in Peak Holdings in the form of Class B-1, Class B-2 and Class B-3 Units. Generally 25% of the PIUs vested ratably over five years (“Class B-1 Units”), subject to full acceleration upon a change of control. Fifty percent of the PIUs vested ratably over five years depending on whether annual or cumulative EBITDA targets are met (“Class B-2 Units”). The plan also provides that, if the Adjusted EBITDA target was achieved in any two consecutive fiscal years during the employee's continued employment, then that year's and all prior years' Class B-2 Units vested, and if there is a change of control or liquidity event defined as when Blackstone sells more than 50% of its holdings and a certain annual internal rate of return is attained by Blackstone, then all the Class B-2 units also vested, and if the Class B-3 Units vested during the employee's continued employment (as described below) then all the Class B-2 Units also vested. The final 25% of the PIUs granted vested either on a change of control or liquidity event, if a 12% annual internal rate of return is attained by Blackstone (“Class B-3 Units”). Subsequent to 2009, the Company awarded PIUs to certain employees in the form of Class B-1 Units (25%) and Class B-2 Units (75%). The Class B-1 Units and Class B-2 Units have the same vesting provisions as stated above, including the provisions that if there is a change of control or liquidity event and if a 12% annual internal rate of return is attained by Blackstone, then all the Class B-2 units will also vest and become exercisable. Prior to March 1, 2013, this annual internal rate of return target was 20%, but the Compensation Committee of the Board of Directors reduced the target for vesting purposes on that date from 20% to 12% to reflect changes in the food industry environment since the plan was adopted.

In connection with the Company's IPO, Peak Holdings was dissolved resulting in the termination of the 2007 Unit Plan and the adoption of the 2013 Omnibus Incentive plan (as further described below). As a result of the dissolution, the holders of units of Peak Holdings were distributed the assets of Peak Holdings. As the sole assets of Peak Holdings were shares of the Company's common stock, units were converted into shares of common stock. The number of shares of common stock delivered to the equity holder as a result of the conversion had the same intrinsic value as the Class A-2 Units held by the equity holder prior to such conversion. Additionally, in connection with the dissolution, all PIUs were converted into shares or restricted shares of the Company's common stock. Vested PIUs were converted into shares of common stock and unvested PIUs were converted into unvested restricted shares of our common stock, which are subject to vesting terms substantially similar to those applicable to the unvested PIU immediately prior to the conversion. The number of shares delivered under the 2013 Omnibus Plan, 1,546,355, have the same intrinsic value as the PIUs immediately prior to such conversion.

2013 Omnibus Plan

The Company adopted an equity incentive plan (the “2013 Omnibus Plan”) providing for the issuance of up to 11,300,000 shares of the Company's common stock which will be reserved for issuance under (1) equity awards granted as a result of the conversion of unvested PIUs into restricted common stock of the Company, (2) stock options and other equity awards granted in connection with the completion of the IPO, and (3) awards granted by the Company under the 2013 Omnibus Plan following the completion of the IPO. Pursuant to the 2013 Omnibus Plan, certain officers, employees, managers, directors and other persons are eligible to receive grants of nonqualified stock options, as permitted by applicable law.

On March 27, 2013, in connection with the IPO, the Company granted 2,310,000 options under the 2013 Omnibus Plan. The options vest in full at the end of three years. Additionally, 82,460 non-vested shares were issued which also vest in full at the end of three years.

The following table summarizes the equity option transactions under the 2013 Omnibus Plan:

		Number of Units	Weighted Average Fair Value at Grant Date		Weighted Average Remaining Life	Aggregate Intrinsic Value (000's)
Outstanding, December 30, 2012		—	$	—	0.00	—
	Granted	2,310,000	4.63
	Exercised	—	—
	Forfeitures	—	—
Outstanding, March 31, 2013		2,310,000	$	4.63	10.00	$	5,105
Exercisable, March 31, 2013		—	$	—	0.00	$	—

The following table summarizes the changes in non-vested shares.

		Number of Units	Weighted Average Fair Value at Grant Date		Aggregate Intrinsic Value (000's)
Non-vested shares at December 30, 2012		—	$	—	$	—
	Converted PIUs	1,546,355	20.00
	Granted	82,460	20.00
	Exercised	—	—
	Forfeitures	—	—
Non-vested shares at March 31, 2013		1,628,815	$	20.00	$	36,176

Other Comprehensive Earnings

The following table presents amounts reclassified out of Accumulated Other Comprehensive Loss ("AOCL") and into Net earnings for the three months ended March 31, 2013.

Gain/(Loss)	Amounts Reclassified from AOCL
	Three months ended
Details about Accumulated Other Comprehensive Income Components	March 31, 2013				Reclassified from AOCL to:
Gains and losses on financial instrument contracts
Interest Rate Contracts	$	(854	)		Interest expense
Foreign Exchange Contracts	192				Cost of products sold
Total before tax	(662		)
Tax expense	340				Provision for income taxes
Net of tax	(322		)
Pension actuarial assumption adjustments
Amortization of actuarial loss	(456		)	(a)	Cost of products sold
Tax expense	176				Provision for income taxes
Net of tax	(280		)
Net reclassifications into net earnings	$	(602	)

(a) This is included in the computation of net periodic pension cost (see note 10 for additional details).

Earnings Per Share

Basic earnings (loss) per common share is computed by dividing net earnings or loss for common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share are calculated by dividing net earnings by weighted-average common shares outstanding during the period plus dilutive potential common shares, which are determined as follows:

	March 31, 2013	March 25, 2012
Weighted-average common shares	81,263,994	81,267,136
Effect of dilutive securities:
Warrants	4,907,645	5,192,974
Options to purchase common stock	96,583	32,038
Dilutive potential common shares	86,268,222	86,492,148

Dilutive potential common shares are calculated in accordance with the treasury stock method, which assumes that proceeds from the exercise of all warrants and options are used to repurchase common stock at market value. The amount of shares remaining after the proceeds are exhausted represents the potentially dilutive effect of the securities.

Prior to the Company's IPO, a warrant agreement was in place, whereby Peak Holdings could acquire up to an additional 5,192,974 shares (subject to adjustment). In connection with the IPO, 2,618,307 additional shares were issued through the exercise of the warrant agreement. Immediately thereafter, the warrant agreement was terminated.

In the three months ended March 31, 2013, 2,310,000 options to purchase common stock and 1,628,761 non-vested shares were not included in the computation of diluted net earnings per share as their effect would have been antidilutive.

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Other Expense (Income), Net

3 Months Ended

Mar. 31, 2013

Other Income and Expenses [Abstract]

Other Expense (Income), Net

Other Expense (Income), net

	Three months ended
	March 31, 2013			March 25, 2012
Other expense (income), net consists of:
Amortization of intangibles/other assets	$	3,872		$	3,882
Royalty income and other	(215		)	(196		)
Total other expense (income), net	$	3,657		$	3,686

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Recently Issued Accounting Pronouncements

3 Months Ended

Mar. 31, 2013

Recently Issued Accounting Pronouncements [Abstract]

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

In February 2013, the FASB issued Accounting Standards Update No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” (“ASU 2013-02”). This new guidance requires that the Company present either in a single note or parenthetically on the face of the financial statements, the effect of significant amounts reclassified from each component of accumulated other comprehensive income based on its source and the income statement line items affected by the reclassification. This guidance only impacts disclosures within the consolidated financial statements and notes to the consolidated financial statements and does not result in a change to the accounting treatment of Accumulated Other Comprehensive Income. The Company adopted this standard during the three month period ended March 31, 2013.

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Commitments And Contingencies

3 Months Ended

Mar. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments And Contingencies

Commitments and Contingencies

General

From time to time, the Company and its operations are parties to, or targets of, lawsuits, claims, investigations, and proceedings, which are being handled and defended in the ordinary course of business. Although the outcome of such items cannot be determined with certainty, the Company’s general counsel and management are of the opinion that the final outcome of these matters will not have a material effect on the Company’s financial condition, results of operations or cash flows.

Aunt Jemima Breakfast Recall

On January 27, 2012, the Company issued a voluntary recall for certain Aunt Jemima frozen pancakes due to potential cross contamination with soy protein which may cause an allergic reaction in people who have a soy allergy. The cost impact of this recall was $4.4 million, of which $1.1 million was recorded as an inventory write down in Cost of products sold in the Consolidated Statements of Operations in fiscal year 2011. For the three months ended March 25, 2012, costs pertaining to the recall, net of insurance recoveries, was $3.3 million. For the three months ended March 25, 2012, costs for the Aunt Jemima recall resulted in a $2.3 million reduction of Net Sales and $0.6 million, $0.2 million and $0.1 million charges to Marketing and selling expenses, Cost of products sold and Research and development expenses, respectively. Charges for the recall are reported in the Birds Eye Frozen segment.

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Segments Schedule of Segment Reporting Information, by Segment (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013		Mar. 25, 2012		Dec. 30, 2012
Segment Reporting Information [Line Items]
Number of Operating Segments	3
Net sales	$ 612,981		$ 616,925
Earnings before interest and taxes	80,671		65,170
Depreciation and amortization	19,270		20,490
Capital expenditures	22,910	[1]	13,505	[1]
Total assets	4,440,392				4,399,988
Plant assets, net	501,178				493,666
Birds Eye Frozen
Segment Reporting Information [Line Items]
Net sales	292,451		290,540
Earnings before interest and taxes	48,926		37,230
Depreciation and amortization	9,288		10,167
Capital expenditures	10,110		7,774
Total assets	2,004,167				1,978,668
Duncan Hines Grocery
Segment Reporting Information [Line Items]
Net sales	227,208		222,001
Earnings before interest and taxes	29,432		26,294
Depreciation and amortization	5,827		6,324
Capital expenditures	10,609		3,895
Total assets	1,973,228				1,965,002
Specialty Foods
Segment Reporting Information [Line Items]
Net sales	93,322		104,384
Earnings before interest and taxes	8,186		6,876
Depreciation and amortization	4,155		3,999
Capital expenditures	2,191		1,836
Total assets	362,632				356,722
Unallocated corporate expenses
Segment Reporting Information [Line Items]
Earnings before interest and taxes	(5,873)		(5,230)
Corporate
Segment Reporting Information [Line Items]
Total assets	100,365				99,596
UNITED STATES
Segment Reporting Information [Line Items]
Net sales	606,581		612,279
Plant assets, net	501,154				493,640
CANADA
Segment Reporting Information [Line Items]
Net sales	20,616		18,463
Plant assets, net	24				26
Intercompany
Segment Reporting Information [Line Items]
Net sales	$ (14,216)		$ (13,817)

[1] Includes new capital leases.

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Restructuring Charges

3 Months Ended

Mar. 31, 2013

Restructuring Charges [Abstract]

Restructuring Charges

Restructuring Charges

Pickle supply chain improvements

On May 25, 2012, the Company announced plans to further improve the efficiency of its supply chain by consolidating its Vlasic pickle production into one plant in Imlay City, Michigan. The Company's decision to focus on its branded Vlasic business and de-emphasize its lower-margin, un-branded pickle business was the catalyst for this consolidation. The Company's pickle production plant, located in Millsboro, Delaware ended production at year-end 2012. The Company recorded termination costs in the second quarter of 2012 and expects all severance payments to be primarily completed by the second quarter of 2013. As a result of exiting the lower-margin un-branded pickle business, the Company terminated the use of a third party ingredients storage facility in the third quarter of 2012. In doing so, the Company recorded contract termination fees that are expected to be paid in the second quarter of 2013.

Green Bay, Wisconsin Research Facility

On May 15, 2012, the Company announced plans to relocate the Birds Eye Frozen Division Research and Development team from Green Bay, Wisconsin to its new facility at its Parsippany, New Jersey headquarters. The Company believes that the relocation will allow for seamless collaboration between marketing, sales, procurement and R&D that will drive superior brand innovation, marketing and productivity. The Company closed its Green Bay, Wisconsin research facility in December 2012. The Company recorded termination costs in the fourth quarter of 2012 and expects severance payments to be primarily completed in the third quarter of 2013.

Fulton, NY Plant

On April 15, 2011, the Company announced plans to consolidate the Birds Eye Frozen segment's Fulton, NY plant operations into its Darien, WI and Waseca, MN facilities in order to locate vegetable processing closer to the crop-growing region and thus reduce the related freight costs. In connection with this project, the Company made significant capital investments in its Darien, WI and Waseca, MN plants. The Company recorded accelerated depreciation costs of $1,845 in the three months ended March 25, 2012. All restructuring charges related to the closure of the Fulton, NY plant were recorded in the Birds Eye Frozen segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the second quarter of 2011 and payments were substantially completed in the third quarter of 2012. On January 9, 2013, the sale of the Fulton location was finalized for total proceeds of $874.

Tacoma, WA Plant

On December 3, 2010, in an effort to improve its supply chain operations, the Company announced the closure of the Tacoma, WA plant and the consolidation of production into its Fort Madison, IA plant. The Company recorded accelerated depreciation costs of $307 in the three months ended March 25, 2012. All restructuring charges related to the closure of the Tacoma, WA plant were recorded in the Duncan Hines Grocery segment and in the Cost of products sold line in the Consolidated Statements of Operations. Severance costs were accrued in the fourth quarter of 2010 and payments were substantially completed in the second quarter of 2012.

The following table summarizes total restructuring charges accrued as of March 31, 2013.

Description	Balance, December 30, 2012		Expense		Payments			Balance, March 31, 2013
Facility shutdowns	$	2,796	$	—	$	(147	)	$	2,649
Contract termination and other fees	5,833		—		—			5,833
Employee severance	1,851		—		(1,124		)	727
Total	$	10,480	$	—	$	(1,271	)	$	9,209

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Goodwill Tradenames And Other Assets Schedule of Goodwill by Segment (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Goodwill [Roll Forward]
Goodwill	$ 1,441,495	$ 1,441,495
Birds Eye Frozen
Goodwill [Roll Forward]
Goodwill	527,069	527,069
Duncan Hines Grocery
Goodwill [Roll Forward]
Goodwill	740,465	740,465
Specialty Foods
Goodwill [Roll Forward]
Goodwill	$ 173,961	$ 173,961

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Balance Sheet Information

3 Months Ended

Mar. 31, 2013

Balance Sheet Information [Abstract]

Balance Sheet Information

Balance Sheet Information

Accounts Receivable. Customer accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for cash discounts, returns and bad debts is the Company's best estimate of the amount of uncollectible amounts in its existing accounts receivable. The Company determines the allowance based on historical discounts taken and write-off experience. The Company reviews its allowance for doubtful accounts quarterly. Account balances are charged off against the allowance when the Company concludes it is probable the receivable will not be recovered. The Company does not have any off-balance sheet credit exposure related to its customers. Accounts receivable are as follows:

	March 31, 2013			December 30, 2012
Customers	$	168,399		$	137,950
Allowances for cash discounts, bad debts and returns	(5,768		)	(5,149		)
Subtotal	162,631			132,801
Other receivables	5,820			11,083
Total	$	168,451		$	143,884

Inventories. Inventories are as follows:

	March 31, 2013		December 30, 2012
Raw materials, containers and supplies	$	68,371	$	50,919
Finished product	257,755		307,132
Total	$	326,126	$	358,051

The Company has various purchase commitments for raw materials, containers, supplies and certain finished products incident to the ordinary course of business. Such commitments are not at prices in excess of current market.

Other Current Assets. Other Current Assets are as follows:

	March 31, 2013		December 30, 2012
Prepaid expenses	$	12,010	$	5,954
Prepaid income taxes	200		578
Assets held for sale	$	4,256	$	5,330
Total	$	16,466	$	11,862

Assets held for sale include our closed plants in Tacoma, Washington and Millsboro, Delaware. Our Fulton, New York location, which was previously held for sale was sold in January 2013.

Plant Assets. Plant assets are as follows:

	March 31, 2013			December 30, 2012
Land	$	14,061		$	14,061
Buildings	181,118			178,300
Machinery and equipment	524,619			513,339
Projects in progress	40,398			32,660
Subtotal	760,196			738,360
Accumulated depreciation	(259,018		)	(244,694		)
Total	$	501,178		$	493,666

Depreciation was $15,398 and $16,606 during the three months ended March 31, 2013 and March 25, 2012, respectively. As of March 31, 2013 and December 30, 2012, Plant Assets included assets under capital lease with a book value of $21,337 and $22,030 (net of accumulated depreciation of $8,997 and $8,246), respectively.

Accrued Liabilities. Accrued liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	62,827	$	53,373
Interest payable	30,617		28,116
Consumer coupons	5,284		3,346
Accrued restructuring charges (see note 8)	9,209		10,480
Accrued financial instrument contracts (see note 11)	153		682
Other	22,039		23,272
Total	$	130,129	$	119,269

Other Long-Term Liabilities. Other long-term liabilities are as follows:

	March 31, 2013		December 30, 2012
Employee compensation and benefits	$	9,009	$	9,340
Long-term rent liability and deferred rent allowances	10,017		10,217
Liability for uncertain tax positions	1,616		1,614
Accrued financial instrument contracts (see note 11)	3,074		3,807
Other	3,644		3,727
Total	$	27,360	$	28,705

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Goodwill, Tradename And Other Assets

3 Months Ended

Mar. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Assets

Goodwill, Tradenames and Other Assets

Goodwill

Goodwill by segment is as follows:

	Birds Eye Frozen		Duncan Hines Grocery		Specialty Foods		Total
Balance, December 30, 2012	$	527,069	$	740,465	$	173,961	$	1,441,495
Balance, March 31, 2013	$	527,069	$	740,465	$	173,961	$	1,441,495

The authoritative guidance for business combinations requires that all business combinations be accounted for at fair value under the acquisition method of accounting. The authoritative guidance for goodwill provides that goodwill will not be amortized, but will be tested for impairment on an annual basis or more often when events indicate. The Company completed its annual testing as of December 30, 2012, which indicated no impairment.

Tradenames

Tradenames by segment are as follows:

	Birds Eye		Duncan Hines		Specialty
	Frozen		Grocery		Foods		Total
Balance, December 30, 2012	$	796,680	$	771,312	$	36,000	$	1,603,992
Balance, March 31, 2013	$	796,680	$	771,312	$	36,000	$	1,603,992

The authoritative guidance for indefinite-lived assets provides that indefinite-lived assets will not be amortized, but will be tested for impairment on an annual basis or more often when events indicate. As a result of its annual testing of indefinite-lived assets in December 2012, the Company recorded impairment charges totaling $0.5 million in its Bernstein's tradename during the year ended December 30, 2012.

Other Assets

	March 31, 2013
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(31,685	)	$	21,125
Customer relationships - Distributors	36	125,746		(30,166		)	95,580
Customer relationships - Food Service	7	36,143		(32,734		)	3,409
Customer relationships - Private Label	7	9,214		(8,670		)	544
License	7	4,875		(2,438		)	2,437
Total amortizable intangibles		$	228,788	$	(105,693	)	$	123,095
Deferred financing costs		59,486		(37,019		)	22,467
Other (1)		4,637		—			4,637
Total other assets, net							$	150,199
	Amortizable intangibles by segment
	Birds Eye Frozen						$	68,015
	Duncan Hines Grocery						47,549
	Specialty Foods						7,531
							$	123,095

	December 30, 2012
	Weighted Avg Life	Gross Carrying Amount		Accumulated Amortization			Net
Amortizable intangibles
Recipes	10	$	52,810	$	(30,365	)	$	22,445
Customer relationships - Distributors	36	125,746		(28,791		)	96,955
Customer relationships - Food Service	7	36,143		(31,882		)	4,261
Customer relationships - Private Label	7	9,214		(8,533		)	681
License	7	4,875		(2,250		)	2,625
Total amortizable intangibles		$	228,788	$	(101,821	)	$	126,967
Deferred financing costs		59,486		(35,306		)	24,180
Other (1)		4,411		—			4,411
Total other assets, net							$	155,558
	Amortizable intangibles by segment
	Birds Eye Frozen						$	69,581
	Duncan Hines Grocery						48,806
	Specialty Foods						8,580
							$	126,967

(1) As of March 31, 2013 and December 30, 2012, Other primarily consists of security deposits.

Amortization of intangible assets was $3,872 and $3,882 for the three months ended March 31, 2013 and March 25, 2012, respectively. Estimated amortization expense for each of the next five years and thereafter is as follows: remainder of 2013 -$11,600 ; 2014 - $12,200; 2015 - $10,900; 2016 - $10,300; 2017 - $5,700 and thereafter - $72,400.

Deferred Financing Costs

All deferred financing costs, which relate to the Senior Secured Credit Facility, Senior Subordinated Notes and Senior Notes are amortized into interest expense over the life of the related debt using the effective interest method. Amortization of deferred financing costs was $1,713 and $2,559 during the three months ended March 31, 2013 and March 25, 2012, respectively.

The following summarizes deferred financing cost activity:

	Gross Carrying Amount		Accumulated Amortization			Net
Balance, December 30, 2012	$	59,486	$	(35,306	)	$	24,180
2013 - Additions	—		—			—
- Amortization	—		(1,713		)	(1,713		)
Balance, March 31, 2013	$	59,486	$	(37,019	)	$	22,467

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Debt And Interest Expense

3 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Debt And Interest Expense

Debt and Interest Expense

	March 31, 2013			December 30, 2012
Short-term borrowings
- Notes payable	$	1,831		$	2,139
Total short-term borrowings	$	1,831		$	2,139
Long-term debt
- Senior Secured Credit Facility - Tranche B Non Extended Term Loans due 2014	$	240,139		$	243,264
- Senior Secured Credit Facility - Tranche B Extended Term Loans due 2016	634,700			637,906
- Senior Secured Credit Facility - Tranche E Term Loans due 2018	396,000			398,000
- Senior Secured Credit Facility - Tranche F Term Loans due 2018	446,625			448,875
- 9.25% Senior Notes due 2015	465,000			465,000
- 8.25% Senior Notes due 2017	400,000			400,000
- Unamortized discount on long term debt	(6,915		)	(7,230		)
- Capital lease obligations	25,108			20,990
	2,600,657			2,606,805
Less: current portion of long-term obligations	14,832			30,419
Total long-term debt	$	2,585,825		$	2,576,386

Interest expense	Three months ended
	March 31, 2013		March 25, 2012
Interest expense, third party	$	37,520	$	41,230
Related party interest expense (Note 13)	579		1,331
Amortization of debt acquisition costs (Note 7)	1,713		2,559
Amortization of deferred mark-to-market adjustment on terminated swaps (Note 11)	—		413
Interest rate swap losses (Note 11)	844		4,079
Total interest expense	$	40,656	$	49,612

Please refer to Note 18 of the Consolidated Financial Statements "Subsequent Events" which describes the refinancing of all remaining borrowings under the Senior Secured Credit Facility and the redemption of the 8.25% and 9.25% Senior Notes in April/May 2013.

Senior Secured Credit Facility

On August 30, 2012, Pinnacle Finance entered into the first amendment to the amended and restated Senior Secured Credit Facility (as amended, the “Senior Secured Credit Facility”), which provided for term loans in the amount of $450.0 million (the “Tranche F Term Loans”). Pinnacle Finance used proceeds from the Tranche F Term Loans to pay off $300.0 million of the aggregate principal amount of Tranche B Non Extended Term Loans.

On September 20, 2012 Pinnacle Finance redeemed $150.0 million aggregate principal amount of its 9.25% Senior Notes due 2015 using the remaining proceeds from the Tranche F Term Loans along with available cash. This is explained in greater detail under the section titled, “Senior Notes and Senior Subordinated Notes.”

In connection with the refinancing, Pinnacle Finance incurred deferred financing fees which are detailed in Note 7 to the Consolidated Financial Statements, “Goodwill, Tradenames and Other Assets”. Also, Pinnacle Finance incurred $3.4 million of original issue discount on the new Tranche F Term Loans.

The stated maturity date of the Tranche F Term Loans is October 17, 2018. However, the maturity date would be accelerated as follows:

• if more than $150.0 million of the 9.25% Senior Notes are outstanding on December 31, 2014, then the maturity date of the Tranche F Term Loans would be December 31, 2014; or

• if more than $150.0 million of the 8.25% Senior Notes are outstanding on June 2, 2017, then the maturity date of the Tranche F Term Loans would be June 2, 2017.

On April 17, 2012, Pinnacle Finance entered into an amendment and restatement of the Senior Secured Credit Facility. The Senior Secured Credit Facility provides for (i) an extension of the maturity date of a portion of the existing term loan B facility (the “Tranche B Extended Term Loans”) in the initial amount of $641.1 million, while a portion of the existing term loan B facility (the "Tranche B Non Extended Term Loans") in the initial amount of $550.0 million retained their original terms, (ii) the issuance of a new term loan E facility (the “Tranche E Term Loans”) in the initial amount of $400.0 million, and (iii) the replacement of the existing revolving credit facility with a new $150.0 million revolving credit facility (the “Revolving Credit Facility”). Pinnacle Finance used proceeds from the Tranche E Term Loans to pay off all of its outstanding balance of $313.2 million aggregate principal amount of Tranche D Term Loans.

On April 19, 2012, Pinnacle Finance redeemed all $199.0 million aggregate principal amount of its outstanding 10.625% Senior Subordinated Notes using proceeds from the Tranche E Term Loans along with available cash. This is explained in greater detail under the section titled, "Senior Notes and Senior Subordinated Notes."

In connection with the refinancing, Pinnacle Finance incurred deferred financing fees which are detailed in Note 6 to the Consolidated Financial Statements, "Goodwill, Tradenames and Other Assets". Also, Pinnacle Finance incurred $4.0 million of original issue discount on its new Tranche E Term Loans.

The stated maturity dates are: April 2, 2014 for the Tranche B Non Extended Term Loans, October 2, 2016 for the Tranche B Extended Term Loans, October 17, 2018 for the Tranche E Term Loans, and April 17, 2017 for the Revolving Credit Facility.

However, the maturity dates would be accelerated as follows:

• if more than $150.0 million of the Tranche B Non Extended Term Loans are outstanding on January 3, 2014, the Revolving Credit Facility would expire January 3, 2014;

• if more than $150.0 million of the 9.25% Senior Notes are outstanding on December 31, 2014, then the maturity dates of the Tranche B Extended Term Loans, the Tranche E Term Loans and the Revolving Credit Facility would be December 31, 2014;

• if more than $150.0 million of the Tranche B Extended Term Loans are outstanding on July 3, 2016, the Revolving Credit Facility would expire on (x) July 3, 2016 or (y) December 31, 2014, if more than $150 million of the 9.25% Senior Notes are outstanding on December 31, 2014; or

• if more than $150.0 million of the 8.25% Senior Notes are outstanding on June 2, 2017, then the maturity date of the Tranche E Term Loans and the Revolving Credit Facility would be June 2, 2017.

There were no borrowings outstanding under the Revolving Credit Facility as of March 31, 2013 and December 30, 2012.

The total combined amount of the Senior Secured Credit Facility Loans that were owed to affiliates of Blackstone as of March 31, 2013 and December 30, 2012, was $62,754 and $63,097, respectively.

Pinnacle Finance's borrowings under the Senior Secured Credit Facility, bear interest at a floating rate and are maintained as base rate loans or as eurocurrency rate loans. Base rate loans bear interest at the base rate plus the applicable base rate margin, as described in the Senior Secured Credit Facility. The base rate is defined as the highest of (i) the administrative agent's prime rate, (ii) the federal funds effective rate plus 1/2 of 1% and (iii) the eurocurrency rate that would be payable on such day for a eurocurrency rate loan with a one-month interest period plus 1%. Eurocurrency rate loans bear interest at the adjusted eurocurrency rate plus the applicable eurocurrency rate margin, as described in the Senior Secured Credit Facility. The eurocurrency rate is determined by reference to the BBA LIBOR rate for the interest period relevant to such borrowing. With respect to Tranche E Term Loans and Tranche F Term Loans, the eurocurrency rate shall be no less than 1.25% per annum and the base rate shall be no less than 2.25%  per annum.

The applicable margins with respect to the Pinnacle Finance’s Senior Secured Credit Facility vary from time to time in accordance with the terms thereof and agreed upon pricing grids based on the total leverage ratio. In addition, the Tranche E Term Loans and Tranche F Term Loans were subject to one 25 basis point step down in applicable margin upon consummation of the IPO. The applicable margins with respect to the Senior Secured Credit Facility as of March 31, 2013 were:

Applicable Margin (per annum)

Revolving Credit Facility and Letters of Credit			Tranche B Non Extended Term Loans		Tranche B Extended Term Loans
Eurocurrency Rate	Base Rate	Commitment Fees Rate	Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
3.50%	2.50%	0.50%	2.50%	1.50%	3.50%	2.50%
			Tranche E Term Loans		Tranche F Term Loans
			Eurocurrency Rate	Base Rate	Eurocurrency Rate	Base Rate
			3.50%	2.50%	3.50%	2.50%

The obligations under the Senior Secured Credit Facility are unconditionally and irrevocably guaranteed by Peak Finance Holdings LLC, any subsidiary of Peak Finance Holdings LLC that directly or indirectly owns 100% of the issued and outstanding equity interests of Pinnacle Finance, subject to certain exceptions, each of Pinnacle Finance’s direct or indirect material domestic subsidiaries (collectively, the “Guarantors”) and by the Company effective with the April 2013 refinancing. In addition, subject to certain exceptions, the Senior Secured Credit Facility is collateralized by first priority or equivalent security interests in (i) all the capital stock of, or other equity interests in, each direct or indirect domestic subsidiary of Pinnacle Finance and 65% of the capital stock of, or other equity interests in, each direct foreign subsidiary of Pinnacle Finance, or any of its material domestic wholly-owned subsidiaries and (ii) certain tangible and intangible assets of Pinnacle Finance and those of the Guarantors (subject to certain exceptions and qualifications).

As of March 31, 2013 and December 30, 2012 there were no borrowings outstanding for the Revolving Credit Facility, except in respect of letters of credit as set forth below, however, the eurocurrency rate would have been 3.70% and 3.71%. For the three months ended March 31, 2013 and March 25, 2012, the weighted average interest rate on the term loan components of the Senior Secured Credit Facility was 4.08% and 3.50%, respectively. As of March 31, 2013 and December 30, 2012 the eurocurrency interest rate on the term loan facilities was 4.08% and 4.08%, respectively.

Pinnacle Finance pays a fee for all outstanding letters of credit drawn against the Revolving Credit Facility at an annual rate equivalent to the applicable eurocurrency rate margin then in effect under the Revolving Credit Facility, less the fronting fee payable in respect of the applicable letter of credit. The fronting fee is equal to 0.125% per annum of the daily maximum amount then available to be drawn under such letter of credit. The fronting fees are computed on a quarterly basis in arrears. Total letters of credit issued under the Revolving Credit Facility cannot exceed $50,000. As of March 31, 2013 and December 30, 2012, Pinnacle Finance had utilized $32,974 and $33,453, respectively of the Revolving Credit Facility for letters of credit. As of March 31, 2013 and December 30, 2012, there were no borrowings under the Revolving Credit Facility except in respect of letters of credit set forth below. As of March 31, 2013 and December 30, 2012, respectively, there was $117,026 and $116,547 of borrowing capacity under the Revolving Credit Facility, of which $17,026 and $16,547 was available to be used for letters of credit.

Under the terms of the Senior Secured Credit Facility, Pinnacle Finance is required to use 50% of its “Excess Cash Flow” to prepay the term loans under the Senior Secured Credit Facility (which percentage will be reduced to 25% at a total leverage ratio of 4.50 to 5.49 and to 0% at a total leverage ratio below 4.50). Excess Cash Flow is defined as consolidated net income (as defined), as adjusted for certain items, including (1) all non-cash charges and credits included in arriving at consolidated net income, (2) changes in working capital, (3) capital expenditures (to the extent they were not financed with debt), (4) the aggregate amount of principal payments on indebtedness and (5) certain other items defined in the Senior Secured Credit Facility. For the 2012 reporting year Pinnacle Finance determined that there are no amounts due under the Excess Cash Flow requirements of the Senior Secured Credit Facility. In December 2013, Pinnacle Finance will determine if amounts are due under the Excess Cash Flow requirements of the Senior Secured Credit Facility for the 2013 reporting year.

The term loans under the Senior Secured Credit Facility mature in quarterly installments of 0.25% of their aggregate funded total principal amount. The aggregate maturities of the Tranche B Non Extended Term Loans outstanding as of March 31, 2013 are $240.2 million in 2014. The aggregate maturities of the Tranche B Extended Term Loans outstanding as of March 31, 2013 are $3.2 million in the remainder of 2013, $6.4 million in 2014, $6.4 million in 2015, and $618.7 million in 2016. The aggregate maturities of the Tranche E Term Loans outstanding as of March 31, 2013 are $2.0 million in the remainder of 2013, $4.0 million in 2014, $4.0 million in 2015, $4.0 million in 2016, $5.0 million in 2017 and $377.0 million thereafter. The aggregate maturities of the Tranche F Term Loans outstanding as of March 31, 2013 are $2.2 million in the remainder of 2013, $4.5 million in 2014, $4.5 million in 2015, $4.5 million in 2016, $5.6 million in 2017 and $425.3 million thereafter.

Pursuant to the terms of the Senior Secured Credit Facility, Pinnacle Finance is required to maintain a ratio of Net First Lien Secured Debt to Adjusted EBITDA of no greater than 5.25 to 1.00. Net First Lien Secured Debt is defined as aggregate consolidated secured indebtedness, less the aggregate amount of all unrestricted cash and cash equivalents. In addition, under the Senior Secured Credit Facility and the indentures governing the Senior Notes, Pinnacle Finance's ability to engage in activities such as incurring additional indebtedness, making investments and paying dividends is tied to the Senior Secured Leverage Ratio (which is currently the same as the ratio of Net First Lien Secured Debt to Adjusted EBITDA above), in the case of the Senior Secured Credit Facility, or to the ratio of Adjusted EBITDA to fixed charges for the most recently concluded four consecutive fiscal quarters, in the case of the Senior Notes. The Senior Secured Credit Facility also permits restricted payments up to an aggregate amount of (together with certain other amounts) the greater of $50 million and 2% of Pinnacle Finance's consolidated total assets, so long as no default has occurred and is continuing and its pro forma Senior Secured Leverage Ratio would be no greater than 4.25 to 1.00. As of March 31, 2013 the Company is in compliance with all covenants and other obligations under the Senior Secured Credit Facility and the indentures governing the Senior Notes.

Senior Notes and Senior Subordinated Notes

On April 2, 2007, Pinnacle Finance issued in the initial aggregate principal amounts of $325.0 million of 9.25% Senior Notes (the “Senior Notes”) due 2015, and $250.0 million of 10.625% Senior Subordinated Notes (the “10.625% Senior Subordinated Notes”) due 2017. On December 23, 2009, as part of the Birds Eye Foods Acquisition, Pinnacle Finance issued an additional $300.0 million of 9.25% Senior Notes due 2015 (the “Additional Senior Notes”). The Senior Notes and the Additional Senior Notes are collectively referred to herein as the 9.25% Senior Notes. On August 17, 2010, Pinnacle Finance issued $400.0 million of 8.25% Senior Notes due 2017 (the “8.25% Senior Notes”).

The 9.25% Senior Notes and the 8.25% Senior Notes are general unsecured obligations of Pinnacle Finance, effectively subordinated in right of payment to all existing and future senior secured indebtedness of Pinnacle Finance and guaranteed on a full, unconditional, joint and several basis by Pinnacle Finance’s wholly-owned domestic subsidiaries that guarantee other indebtedness of Pinnacle Finance. See Note 17 to the Consolidated Financial Statements for Guarantor and Nonguarantor Financial Statements.

On April 19, 2012, Pinnacle Finance redeemed all $199.0 million aggregate principal amount of its outstanding 10.625% Senior Subordinated Notes at a redemption price equal to 105.313% of the aggregate principal amount plus accrued and unpaid interest to the redemption date. The total redemption price was approximately $210.6 million, including accrued interest of $1.0 million. The premium of $10.6 million was recorded in Other expense (income) during the second quarter of 2012. The redemption was effected in accordance with the indenture governing the Senior Subordinated Notes pursuant to a notice dated March 20, 2012. Pinnacle Finance funded the redemption price for the 10.625% Senior Subordinated Notes with the net proceeds of $82.8 million from the Tranche E Term Loans along with $127.8 million of available cash.

On September 20, 2012, Pinnacle Finance redeemed $150.0 million aggregate principal amount of its outstanding 9.25% Senior Notes at a redemption price equal to 102.313% of the aggregate principal amount plus accrued and unpaid interest to the redemption date. The total redemption price was approximately $160.0 million, including accrued interest of $6.5 million. The premium of $3.5 million was recorded in Other expense (income) during the third quarter. The redemption was effected in accordance with the indenture governing the 9.25% Senior Notes pursuant to a notice dated August 21, 2012. Pinnacle Finance funded the redemption price for the 9.25% Senior Notes fully with the net proceeds from the Tranche F Term Loans.

Pinnacle Finance may redeem some or all of the 8.25% Senior Notes at any time prior to September 1, 2013 at a price equal to 100% of the principal amount of notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest to, the redemption date, subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date. The “Applicable Premium” is defined as the greater of (1) 1.0% of the principal amount of such note and (2) the excess, if any, of (a) the present value at such redemption date of (i) the redemption price of such 8.25% Senior Note at September 1, 2013, plus (ii) all required interest payments due on such 8.25% Senior Note through September 1, 2013 (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the treasury rate plus 50 basis points over (b) the principal amount of such note.

Pinnacle Finance currently may redeem the 8.25% Senior Notes at the redemption prices listed below, if redeemed during the twelve-month period beginning on September 1^st of each of the years indicated below:

8.25% Senior Notes
Year	Percentage
2013	106.188%
2014	104.125%
2015	102.063%
2016 and thereafter	100.000%

In addition, until September 1, 2013, Pinnacle Finance may redeem up to 35% of the aggregate principal amount of the 8.25% Senior Notes at a redemption price equal to 108.25% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, to the redemption date, subject to the right of holders of the 8.25% Senior Notes of record on the relevant record date to receive interest due on the relevant interest payment date, with the net cash proceeds received by Pinnacle Finance from one or more equity offerings; provided that (i) at least 50% of the aggregate principal amount of the 8.25% Senior Notes originally issued under the indenture remains outstanding immediately after the occurrence of each such redemption and (ii) each such redemption occurs within 90 days of the date of closing of each such equity offering.

As market conditions warrant, Pinnacle Finance and its subsidiaries, affiliates or significant equity holders (including Blackstone and its affiliates) may from time to time, in its or their sole discretion, purchase, repay, redeem or retire any of Pinnacle Finance’s outstanding debt or equity securities (including any publicly issued debt or equity securities), in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

The estimated fair value of the Company’s long-term debt, including the current portion, as of March 31, 2013, is as follows:

	March 31, 2013
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	$	240,139	$	240,739
Senior Secured Credit Facility - Tranche B Extended Term Loans	634,700		639,460
Senior Secured Credit Facility - Tranche E Term Loans	396,000		399,960
Senior Secured Credit Facility - Tranche F Term Loans	446,625		451,091
9.25% Senior Notes	465,000		465,581
8.25% Senior Notes	400,000		430,000
	$	2,582,464	$	2,626,831

The estimated fair value of the Company’s long-term debt, including the current portion, as of December 30, 2012, is as follows:

	December 30, 2012
Issue	Face Value		Fair Value
Senior Secured Credit Facility - Tranche B Non Extended Term Loans	243,264		244,480
Senior Secured Credit Facility - Tranche B Extended Term Loans	637,906		641,095
Senior Secured Credit Facility - Tranche E Term Loans	398,000		400,985
Senior Secured Credit Facility - Tranche F Term Loans	448,875		452,242
9.25% Senior Notes	465,000		471,975
8.25% Senior Notes	400,000		427,000
	$	2,593,045	$	2,637,777

The estimated fair values of the Company's long-term debt are classified as Level 2 in the fair value hierarchy. The fair value is based on the quoted market price for such notes and borrowing rates currently available to the Company for loans with similar terms and maturities.

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Restructuring Charges Narrative (Details) (USD $)	3 Months Ended		3 Months Ended
	Mar. 31, 2013	May 25, 2012 plant	Mar. 25, 2012 Birds Eye Frozen Fulton, NY Plan	Mar. 31, 2013 Specialty Foods Millsboro, DE Plant	Mar. 25, 2012 Duncan Hines Grocery Tacoma, WA Plant
Restructuring Cost and Reserve [Line Items]
Number of Plants		1
Accelerated depreciation costs			$ 1,845,000	$ 814,000	$ 307,000
Proceeds from Sale of Property, Plant, and Equipment	874
Loss on Contract Termination				$ 0

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Taxes on Earnings Schedule of the provision for income taxes (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Provision for Income Taxes
Current	$ 720	$ 894
Deferred	14,502	5,183
Total	$ 15,222	$ 6,077
Effective tax rate	38.00%	38.90%

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Debt And Interest Expense Schedule of Long-term and Short-term Debt Instruments (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012	Mar. 31, 2013 Senior Notes [Member] 9.25% Senior Notes due 2015	Dec. 30, 2012 Senior Notes [Member] 9.25% Senior Notes due 2015	Apr. 02, 2007 Senior Notes [Member] 9.25% Senior Notes due 2015	Mar. 31, 2013 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]	Dec. 30, 2012 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]	Aug. 17, 2010 Senior Notes [Member] 8.25% Senior Notes due 2017 [Member]	Apr. 02, 2007 Senior Notes [Member] 10.625% Senior Subordinated Notes due 2017	Mar. 31, 2013 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Dec. 30, 2012 Secured Debt [Member] Tranche B Non Extended Term Loans due 2014	Mar. 31, 2013 Secured Debt [Member] Tranche B Extended term Loans due 2016	Dec. 30, 2012 Secured Debt [Member] Tranche B Extended term Loans due 2016	Mar. 31, 2013 Secured Debt [Member] Tranche E Term Loan Due 2018	Dec. 30, 2012 Secured Debt [Member] Tranche E Term Loan Due 2018	Mar. 31, 2013 Secured Debt [Member] Tranche F Term Loan due 2018	Dec. 30, 2012 Secured Debt [Member] Tranche F Term Loan due 2018
Short-term Debt [Abstract]
Short-term borrowings	$ 1,831	$ 2,139
Long-term Debt, Current and Noncurrent [Abstract]
Senior Secured Credit Facility										240,139	243,264	634,700	637,906	396,000	398,000	446,625	448,875
Senior Notes			465,000	465,000		400,000	400,000
Unamortized discount on long term debt	(6,915)	(7,230)
Capital lease obligations	25,108	20,990
Long-term Debt, including capital lease obligations less unamortized discount on long term debt	2,600,657	2,606,805
Less: current portion of long-term obligations	14,832	30,419
Long-term debt	$ 2,585,825	$ 2,576,386
Fixed interest rate					9.25%			8.25%	10.625%

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Goodwill Tradenames And Other Assets Schedule of Deferred Financing Cost Activity (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Deferred Financing Cost Activity [Roll Forward]
Deferred financing costs, Gross Carrying Amount, Beginning Balance	$ 59,486
Deferred financing costs, Accumulated Amortization, Beginning Balance	(35,306)
Deferred financing costs, Net, Beginning Balance	24,180
Deferred financing costs, Additions	0
Amortization of debt acquisition costs	(1,713)
Deferred financing costs, Gross Carrying Amount, Ending Balance	59,486
Deferred financing costs, Accumulated Amortization, Ending Balance	(37,019)
Deferred financing costs, Net, Ending Balance	22,467
Amortization of debt acquisition costs	$ 1,713	$ 2,559

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Pension And Retirement Plans (Tables)

3 Months Ended

Mar. 31, 2013

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Schedule of net periodic benefit cost

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Pinnacle Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	277
Interest cost	1,021			1,028
Expected return on assets	(1,125		)	(1,089		)
Amortization of:
prior service cost	—			10
actuarial loss	246			447
Net periodic cost	$	142		$	673

The following represents the components of net periodic (benefit) cost:

Pension Benefits	Birds Eye Foods Pension Plan
	Three months ended
	March 31, 2013			March 25, 2012
Service cost	$	—		$	52
Interest cost	1,818			1,928
Expected return on assets	(2,249		)	(2,086		)
Amortization of actuarial loss	210			87
Net periodic (benefit) cost	$	(221	)	$	(19	)

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share Reclassification out of Accumulated Other Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013		Mar. 25, 2012
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ 40,656		$ 49,612
Cost of products sold	458,140		481,248
Earnings (loss) before income taxes	40,018		15,616
Provision for income taxes	15,222		6,077
Net of tax	24,796		9,539
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net of tax	(602)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and losses on swaps [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	(854)
Cost of products sold	192
Earnings (loss) before income taxes	(662)
Provision for income taxes	340
Net of tax	(322)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Pension actuarial asumption adjustments [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold	(456)	[1]
Provision for income taxes	176
Net of tax	$ (280)

[1] This is included in the computation of net periodic pension cost (see note 10 for additional details).

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Segments

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segments

Segments

The Company is a leading producer, marketer and distributor of high quality, branded food products in North America. The Company manages the business in three operating segments: Birds Eye Frozen, Duncan Hines Grocery and Specialty Foods.

The Birds Eye Frozen Division manages its Leadership Brands in the United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), and frozen seafood (Van de Kamp's and Mrs. Paul's) categories, as well as its Foundation Brands in the frozen and refrigerated bagels (Lender's), frozen pizza for one (Celeste), full-calorie single-serve frozen dinners and entrées (Hungry-Man), and frozen breakfast (Aunt Jemima) categories.

The Duncan Hines Grocery Division manages its Leadership Brands in the baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), and table syrups (Mrs. Butterworth's and Log Cabin) categories, and its Foundation Brands in the canned meat (Armour, Nalley, Brooks), pie and pastry fillings (Comstock, Wilderness), barbecue sauces (Open Pit) and salad dressing (Bernstein's) categories as well as all Canadian operations. We refer to the sum of the Birds Eye Frozen segment and the Duncan Hines Grocery segment as the North American retail businesses.

The Specialty Foods Division consists of snack products (Tim's Cascade and Snyder of Berlin) and the foodservice and private label businesses.

Segment performance is evaluated by the Company’s Chief Operating Decision Maker and is based on earnings before interest and taxes. Transfers between segments and geographic areas are recorded at cost plus markup or at market. Identifiable assets are those assets, including goodwill, which are identified with the operations in each segment or geographic region. Corporate assets consist of prepaid and deferred tax assets. Unallocated corporate expenses consist of corporate overhead such as executive management and finance and legal functions.

	Three months ended
SEGMENT INFORMATION	March 31, 2013			March 25, 2012
Net sales
Birds Eye Frozen	$	292,451		$	290,540
Duncan Hines Grocery	227,208			222,001
Specialty Foods	93,322			104,384
Total	$	612,981		$	616,925
Earnings before interest and taxes
Birds Eye Frozen	$	48,926		$	37,230
Duncan Hines Grocery	29,432			26,294
Specialty Foods	8,186			6,876
Unallocated corporate expenses	(5,873		)	(5,230		)
Total	$	80,671		$	65,170
Depreciation and amortization
Birds Eye Frozen	$	9,288		$	10,167
Duncan Hines Grocery	5,827			6,324
Specialty Foods	4,155			3,999
Total	$	19,270		$	20,490
Capital expenditures*
Birds Eye Frozen	$	10,110		$	7,774
Duncan Hines Grocery	10,609			3,895
Specialty Foods	2,191			1,836
Total	$	22,910		$	13,505
GEOGRAPHIC INFORMATION
Net sales
United States	$	606,581		$	612,279
Canada	20,616			18,463
Intercompany	(14,216		)	(13,817		)
Total	$	612,981		$	616,925

 *Includes new capital leases.

SEGMENT INFORMATION	March 31, 2013		December 30, 2012
Total assets
Birds Eye Frozen	$	2,004,167	$	1,978,668
Duncan Hines Grocery	1,973,228		1,965,002
Specialty Foods	362,632		356,722
Corporate	100,365		99,596
Total	$	4,440,392	$	4,399,988
GEOGRAPHIC INFORMATION
Long-lived assets
United States	$	501,154	$	493,640
Canada	24		26
Total	$	501,178	$	493,666

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Summary Of Business Activities Policies (Policies)

3 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Fair Value of Financial Instruments, Policy

The Company manages economic risks, including interest rate, liquidity and credit risk, primarily by managing the amount, sources and duration of its debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk.

The valuations of these instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate, commodity, and foreign exchange forward curves. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash payments (or receipts) and the discounted expected variable cash receipts (or payments). The variable cash receipts (or payments) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with the provisions of the authoritative guidance for fair value disclosure, the Company incorporates credit valuation adjustments to appropriately reflect both its own non-performance risk and the respective counterparty’s non-performance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of non-performance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. The Company had no fair value measurements based upon significant unobservable inputs (Level 3) as of March 31, 2013 or December 30, 2012.

In addition to the instruments named above, the Company also makes fair value measurements in connection with its annual goodwill and trade name impairment testing. These measurements would fall into Level 3 of the fair value hierarchy.

New Accounting Pronouncements, Policy

In December 2011, the Company adopted the provisions of the Financial Accounting Standards Board's (“FASB”) Accounting Standards Update No. 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements," (“ASU 2011-04”). For purposes of calculating fair value of financial instruments, we manage the portfolio of financial assets and financial liabilities on the basis of the Company's net exposure to credit risk. The Company has elected to apply the portfolio exception in ASU 2011-04 with respect to measuring counterparty credit risk for all of its derivative transactions subject to master netting arrangements on a net basis by counterparty portfolio.

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Stockholder's Equity, Equity-Based Compensation Expense and Earnings Per Share 2013 Omnibus Plan Stock Option Transactions (Details) (2013 Omnibus Plan [Member], Stock Options [Member], USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 30, 2012
2013 Omnibus Plan [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding, Beginning balance	0
Weighted Average Fair Value at Grant Date, Outstanding, Beginning balance	$ 4.63	$ 0.00
Aggregate Intrinsic Value, Outstanding, Beginning balance	$ 0
Number of Shares Granted	2,310,000
Weighted Average Fair Value of Grants	$ 4.63
Number of Shares Exercised	0
Weighted Average Fair Value of Exercised Grants	$ 0.00
Number of Shares Forfeited	0
Weighted Average Fair Value of Forfeited Grants	$ 0.00
Number of Shares, Outstanding, Ending Balance	2,310,000	0
Weighted Average Fair Value at Grant Date, Outstanding, Ending balance	$ 4.63	$ 0.00
Weighted Average Remaining Life, Outstanding, Ending balance	10 years	0 years
Aggregate Intrinsic Value, Outstanding,Ending balance	5,105	0
Number of Shares, Exercisable, Ending Balance	0
Weighted Average Fair Value at Grant Date, Exercisable, Ending Balance	$ 0.00
Weighted Average Remaining Life, Exercisable, Ending Balance	0 years
Aggregate Intrinsic Value, Exercisable, Ending Balance	$ 0

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Other Expense (Income), Net Schedule of Other Expense (Income), net (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 25, 2012
Other Income and Expenses [Abstract]
Amortization of intangibles/other	$ 3,872	$ 3,882
Royalty income and other	(215)	(196)
Total other expense (income), net	$ 3,657	$ 3,686

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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Statement of Financial Position [Abstract]
Accounts receivable, allowance	$ 5,768	$ 5,149
Plant assets, accumulated depreciation	259,018	244,694
Long-term debt, owed to related parties	$ 62,754	$ 63,097
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	83,903,385	81,210,672
Common Stock, Shares, Outstanding	83,903,385	81,210,672

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Guarantor And Nonguarantor Statements Balance Sheets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012	Mar. 25, 2012	Dec. 25, 2011
Current assets:
Cash and cash equivalents	$ 132,094	$ 92,281	$ 167,212	$ 151,031
Accounts receivable, net	168,451	143,884
Intercompany accounts receivable	0	0
Inventories, net	326,126	358,051
Other current assets	16,466	11,862
Deferred tax assets	100,391	99,199
Total current assets	743,528	705,277
Plant assets, net	501,178	493,666
Investment in subsidiaries	0	0
Intercompany note receivable	0	0
Tradenames	1,603,992	1,603,992
Other assets, net	150,199	155,558
Deferred tax assets	0	0
Goodwill	1,441,495	1,441,495
Total assets	4,440,392	4,399,988
Current liabilities:
Short-term borrowings	1,831	2,139
Current portion of long-term obligations	14,832	30,419
Accounts payable	127,443	137,326
Intercompany accounts payable	0	0
Accrued trade marketing expense	50,825	44,571
Accrued liabilities	130,129	119,269
Total current liabilities	325,060	333,724
Long-term debt	2,585,825	2,576,386
Intercompany note payable	0	0
Pension and other postretirement benefits	100,046	100,918
Other long-term liabilities	27,360	28,705
Deferred tax liabilities	487,468	471,529
Total liabilities	3,525,759	3,511,262
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity	839	812
Additional paid-in-capital	696,473	696,512
Retained earnings	277,751	252,955
Accumulated other comprehensive (loss) earnings	(60,430)	(61,553)
Total member's equity	914,633	888,726	854,905	845,352
Total liabilities and member's equity	4,440,392	4,399,988
Pinnacle Foods Finance LLC
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany accounts receivable	0	0
Inventories, net	0	0
Other current assets	0	0
Deferred tax assets	0	0
Total current assets	0	0
Plant assets, net	0	0
Investment in subsidiaries	914,633	888,726
Intercompany note receivable	0	0
Tradenames	0	0
Other assets, net	0	0
Deferred tax assets	0	0
Goodwill	0	0
Total assets	914,633	888,726
Current liabilities:
Short-term borrowings	0	0
Current portion of long-term obligations	0	0
Accounts payable	0	0
Intercompany accounts payable	0	0
Accrued trade marketing expense	0	0
Accrued liabilities	0	0
Total current liabilities	0	0
Long-term debt	0	0
Intercompany note payable	0	0
Pension and other postretirement benefits	0	0
Other long-term liabilities	0	0
Deferred tax liabilities	0	0
Total liabilities	0	0
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity	839	812
Additional paid-in-capital	696,473	696,512
Retained earnings	277,751	252,955
Accumulated other comprehensive (loss) earnings	(60,430)	(61,553)
Total member's equity	914,633	888,726
Total liabilities and member's equity	914,633	888,726
Debt Issuing Company [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany accounts receivable	0	0
Inventories, net	0	0
Other current assets	4,925	1,130
Deferred tax assets	0	0
Total current assets	4,925	1,130
Plant assets, net	0	0
Investment in subsidiaries	1,876,499	1,840,632
Intercompany note receivable	1,492,424	1,469,135
Tradenames	0	0
Other assets, net	21,968	23,691
Deferred tax assets	246,172	239,347
Goodwill	0	0
Total assets	3,641,988	3,573,935
Current liabilities:
Short-term borrowings	0	0
Current portion of long-term obligations	11,183	27,411
Accounts payable	0	37
Intercompany accounts payable	117,052	65,888
Accrued trade marketing expense	0	0
Accrued liabilities	30,279	29,662
Total current liabilities	158,514	122,998
Long-term debt	2,564,365	2,558,404
Intercompany note payable	0	0
Pension and other postretirement benefits	0	0
Other long-term liabilities	3,074	3,807
Deferred tax liabilities	1,402	0
Total liabilities	2,727,355	2,685,209
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity		0
Additional paid-in-capital	697,312	697,324
Retained earnings	277,751	252,955
Accumulated other comprehensive (loss) earnings	(60,430)	(61,553)
Total member's equity	914,633	888,726
Total liabilities and member's equity	3,641,988	3,573,935
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	122,864	83,123	166,863	150,493
Accounts receivable, net	159,394	135,791
Intercompany accounts receivable	123,810	73,769
Inventories, net	319,800	350,922
Other current assets	10,952	10,546
Deferred tax assets	100,321	100,245
Total current assets	837,141	754,396
Plant assets, net	501,154	493,640
Investment in subsidiaries	12,173	11,222
Intercompany note receivable	7,270	7,270
Tradenames	1,603,992	1,603,992
Other assets, net	128,079	131,707
Deferred tax assets	0	0
Goodwill	1,441,495	1,441,495
Total assets	4,531,304	4,443,722
Current liabilities:
Short-term borrowings	1,831	2,139
Current portion of long-term obligations	3,649	3,008
Accounts payable	126,260	136,220
Intercompany accounts payable	0	0
Accrued trade marketing expense	47,016	41,396
Accrued liabilities	99,279	90,000
Total current liabilities	278,035	272,763
Long-term debt	21,460	17,982
Intercompany note payable	1,501,815	1,478,593
Pension and other postretirement benefits	100,046	100,918
Other long-term liabilities	21,556	22,168
Deferred tax liabilities	731,893	710,666
Total liabilities	2,654,805	2,603,090
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity	0	0
Additional paid-in-capital	1,284,776	1,284,155
Retained earnings	644,213	608,788
Accumulated other comprehensive (loss) earnings	(52,490)	(52,311)
Total member's equity	1,876,499	1,840,632
Total liabilities and member's equity	4,531,304	4,443,722
Nonguarantor Subsidiaries
Current assets:
Cash and cash equivalents	9,230	9,158	349	538
Accounts receivable, net	9,057	8,093
Intercompany accounts receivable	0	0
Inventories, net	6,326	7,129
Other current assets	589	186
Deferred tax assets	70	74
Total current assets	25,272	24,640
Plant assets, net	24	26
Investment in subsidiaries	0	0
Intercompany note receivable	9,800	9,800
Tradenames	0	0
Other assets, net	152	160
Deferred tax assets	0	0
Goodwill	0	0
Total assets	35,248	34,626
Current liabilities:
Short-term borrowings	0	0
Current portion of long-term obligations	0	0
Accounts payable	1,183	1,069
Intercompany accounts payable	6,758	7,881
Accrued trade marketing expense	3,809	3,175
Accrued liabilities	571	727
Total current liabilities	12,321	12,852
Long-term debt	0	0
Intercompany note payable	7,679	7,612
Pension and other postretirement benefits	0	0
Other long-term liabilities	2,730	2,730
Deferred tax liabilities	345	210
Total liabilities	23,075	23,404
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity	0	0
Additional paid-in-capital	2,324	2,324
Retained earnings	8,931	8,842
Accumulated other comprehensive (loss) earnings	918	56
Total member's equity	12,173	11,222
Total liabilities and member's equity	35,248	34,626
Eliminations and Reclassifications
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Intercompany accounts receivable	(123,810)	(73,769)
Inventories, net	0	0
Other current assets	0	0
Deferred tax assets	0	(1,120)
Total current assets	(123,810)	(74,889)
Plant assets, net	0	0
Investment in subsidiaries	(2,803,305)	(2,740,580)
Intercompany note receivable	(1,509,494)	(1,486,205)
Tradenames	0	0
Other assets, net	0	0
Deferred tax assets	(246,172)	(239,347)
Goodwill	0	0
Total assets	(4,682,781)	(4,541,021)
Current liabilities:
Short-term borrowings	0	0
Current portion of long-term obligations	0	0
Accounts payable	0	0
Intercompany accounts payable	(123,810)	(73,769)
Accrued trade marketing expense	0	0
Accrued liabilities	0	(1,120)
Total current liabilities	(123,810)	(74,889)
Long-term debt	0	0
Intercompany note payable	(1,509,494)	(1,486,205)
Pension and other postretirement benefits	0	0
Other long-term liabilities	0	0
Deferred tax liabilities	(246,172)	(239,347)
Total liabilities	(1,879,476)	(1,800,441)
Commitments and contingencies (Note 12)
Member’s equity:
Limited liability company interests and other equity	0	0
Additional paid-in-capital	(1,984,412)	(1,983,803)
Retained earnings	(930,895)	(870,585)
Accumulated other comprehensive (loss) earnings	112,002	113,808
Total member's equity	(2,803,305)	(2,740,580)
Total liabilities and member's equity	$ (4,682,781)	$ (4,541,021)

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Fair Value Measurements

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements [Text Block]

Fair Value Measurements

The authoritative guidance for financial assets and liabilities discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels:

Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active.

Level 3: Unobservable inputs that reflect the Company’s assumptions.

The Company’s financial assets and liabilities subject to recurring fair value measurements and the required disclosures are as follows:

	Fair Value as of March 31, 2013		Fair Value Measurements Using Fair Value Hierarchy						Fair Value as of December 30, 2012		Fair Value Measurements Using Fair Value Hierarchy
			Level 1		Level 2		Level 3				Level 1		Level 2		Level 3
Assets
Foreign currency derivatives	$	1,182	$	—	$	1,182	$	—	$	638	$	—	$	638	$	—
Commodity derivatives	398		—		398		—		525		—		525		—
Total assets at fair value	$	1,580	$	—	$	1,580	$	—	$	1,163	$	—	$	1,163	$	—
Liabilities
Interest rate derivatives	$	3,074	$	—	$	3,074	$	—	$	3,807	$	—	$	3,807	$	—
Commodity derivatives	153		—		153		—		682		—		682		—
Total liabilities at fair value	$	3,227	$	—	$	3,227	$	—	$	4,489	$	—	$	4,489	$	—

The Company manages economic risks, including interest rate, liquidity and credit risk, primarily by managing the amount, sources and duration of its debt funding and the use of derivative financial instruments. The primary risks managed by using derivative instruments are interest rate risk, foreign currency exchange risk and commodity price risk.

The valuations of these instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate, commodity, and foreign exchange forward curves. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash payments (or receipts) and the discounted expected variable cash receipts (or payments). The variable cash receipts (or payments) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with the provisions of the authoritative guidance for fair value disclosure, the Company incorporates credit valuation adjustments to appropriately reflect both its own non-performance risk and the respective counterparty’s non-performance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of non-performance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. The Company had no fair value measurements based upon significant unobservable inputs (Level 3) as of March 31, 2013 or December 30, 2012.

In addition to the instruments named above, the Company also makes fair value measurements in connection with its annual goodwill and trade name impairment testing. These measurements would fall into Level 3 of the fair value hierarchy.

In December 2011, the Company adopted the provisions of the Financial Accounting Standards Board's (“FASB”) Accounting Standards Update No. 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements," (“ASU 2011-04”). For purposes of calculating fair value of financial instruments, we manage the portfolio of financial assets and financial liabilities on the basis of the Company's net exposure to credit risk. The Company has elected to apply the portfolio exception in ASU 2011-04 with respect to measuring counterparty credit risk for all of its derivative transactions subject to master netting arrangements on a net basis by counterparty portfolio.

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Balance Sheet Information Schedule of Other Long-Term Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 30, 2012
Liabilities, Noncurrent [Abstract]
Employee compensation and benefits	$ 9,009	$ 9,340
Long-term rent liability and deferred rent allowances	10,017	10,217
Liability for uncertain tax positions	1,616	1,614
Accrued financial instrument contracts (see note 10)	3,074	3,807
Other	3,644	3,727
Total	$ 27,360	$ 28,705

XML

Commitments And Contingencies Aunt Jemima Breakfast Recall (Details) (Aunt Jemima Frozen Pancakes, USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 25, 2012	Dec. 25, 2011
Product Liability Contingency [Line Items]
Cost impact of recall		$ 4.4
Product Liability Accrual, Period Expense	(3.3)
Net sales
Product Liability Contingency [Line Items]
Product Liability Accrual, Period Expense	2.3
Cost of products sold [Member]
Product Liability Contingency [Line Items]
Product Liability Accrual, Period Expense	0.2	(1.1)
Marketing and selling expenses
Product Liability Contingency [Line Items]
Product Liability Accrual, Period Expense	0.6
Research and development expenses [Member]
Product Liability Contingency [Line Items]
Product Liability Accrual, Period Expense	$ 0.1

XML

Debt And Interest Expense Schedule of applicable margins with respect to the Senior Secured Credit Facility (Details)	3 Months Ended
	Mar. 31, 2013
Revolving Credit Facility and Letters of Credit
Line of Credit Facility [Line Items]
Eurocurrency Rate	3.50%
Base Rate	2.50%
Commitment Fees Rate	0.50%
Tranche B Non Extended Term Loans due 2014 | Secured Debt [Member]
Line of Credit Facility [Line Items]
Eurocurrency Rate	2.50%
Base Rate	1.50%
Tranche E Term Loan Due 2018 | Secured Debt [Member]
Line of Credit Facility [Line Items]
Eurocurrency Rate	3.50%
Base Rate	2.50%
Tranche B Extended term Loans due 2016 | Secured Debt [Member]
Line of Credit Facility [Line Items]
Eurocurrency Rate	3.50%
Base Rate	2.50%
Tranche F Term Loan due 2018 | Secured Debt [Member]
Line of Credit Facility [Line Items]
Eurocurrency Rate	3.50%
Base Rate	2.50%

XML

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Subject to Recurring Fair Value

The Company’s financial assets and liabilities subject to recurring fair value measurements and the required disclosures are as follows:

	Fair Value as of March 31, 2013		Fair Value Measurements Using Fair Value Hierarchy						Fair Value as of December 30, 2012		Fair Value Measurements Using Fair Value Hierarchy
			Level 1		Level 2		Level 3				Level 1		Level 2		Level 3
Assets
Foreign currency derivatives	$	1,182	$	—	$	1,182	$	—	$	638	$	—	$	638	$	—
Commodity derivatives	398		—		398		—		525		—		525		—
Total assets at fair value	$	1,580	$	—	$	1,580	$	—	$	1,163	$	—	$	1,163	$	—
Liabilities
Interest rate derivatives	$	3,074	$	—	$	3,074	$	—	$	3,807	$	—	$	3,807	$	—
Commodity derivatives	153		—		153		—		682		—		682		—
Total liabilities at fair value	$	3,227	$	—	$	3,227	$	—	$	4,489	$	—	$	4,489	$	—

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Pension And Retirement Plans Schedule of net periodic benefit cost, Pinnacle Foods (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2013	Mar. 25, 2012	Dec. 30, 2012
Defined Benefit Plans and Other Postretirement Benefit Plans, Pinnacle Foods
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 277,000
Interest cost	1,021,000	1,028,000
Expected return on assets	(1,125,000)	(1,089,000)
Amortization of prior service cost	0	10,000
Amortization of actuarial loss	246,000	447,000
Net periodic cost	142,000	673,000
Expected future contributions	2,700,000
Company contributions	100,000	900,000	4,100,000
Defined Benefit Plans and Other Postretirement Benefit Plans, Birds Eye Foods
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	52,000
Interest cost	1,818,000	1,928,000
Expected return on assets	(2,249,000)	(2,086,000)
Amortization of actuarial loss	210,000	87,000
Net periodic cost	(221,000)	(19,000)
Expected future contributions	5,200,000
Company contributions	$ 200,000	$ 1,800,000	$ 8,400,000

XML

Guarantor And Nonguarantor Statements (Tables)

3 Months Ended

Mar. 31, 2013

Guarantor And Nonguarantor Statements [Abstract]

Guarantor And Nonguarantor Statements, Balance Sheets

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	122,864		$	9,230	$	—		$	132,094
Accounts receivable, net	—			—			159,394			9,057		—			168,451
Intercompany accounts receivable	—			—			123,810			—		(123,810		)	—
Inventories, net	—			—			319,800			6,326		—			326,126
Other current assets	—			4,925			10,952			589		—			16,466
Deferred tax assets	—			—			100,321			70		—			100,391
Total current assets	—			4,925			837,141			25,272		(123,810		)	743,528
Plant assets, net	—			—			501,154			24		—			501,178
Investment in subsidiaries	914,633			1,876,499			12,173			—		(2,803,305		)	—
Intercompany note receivable	—			1,492,424			7,270			9,800		(1,509,494		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			21,968			128,079			152		—			150,199
Deferred tax assets	—			246,172			—			—		(246,172		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392
Current liabilities:
Short-term borrowings	$	—		$	—		$	1,831		$	—	$	—		$	1,831
Current portion of long-term obligations	—			11,183			3,649			—		—			14,832
Accounts payable	—			—			126,260			1,183		—			127,443
Intercompany accounts payable	—			117,052			—			6,758		(123,810		)	—
Accrued trade marketing expense	—			—			47,016			3,809		—			50,825
Accrued liabilities	—			30,279			99,279			571		—			130,129
Total current liabilities	—			158,514			278,035			12,321		(123,810		)	325,060
Long-term debt	—			2,564,365			21,460			—		—			2,585,825
Intercompany note payable	—			—			1,501,815			7,679		(1,509,494		)	—
Pension and other postretirement benefits	—			—			100,046			—		—			100,046
Other long-term liabilities	—			3,074			21,556			2,730		—			27,360
Deferred tax liabilities	—			1,402			731,893			345		(246,172		)	487,468
Total liabilities	—			2,727,355			2,654,805			23,075		(1,879,476		)	3,525,759
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	839						—			—		—			839
Additional paid-in-capital	696,473			697,312			1,284,776			2,324		(1,984,412		)	696,473
Retained earnings	277,751			277,751			644,213			8,931		(930,895		)	277,751
Accumulated other comprehensive loss	(60,430		)	(60,430		)	(52,490		)	918		112,002			(60,430		)
Total Shareholders' equity	914,633			914,633			1,876,499			12,173		(2,803,305		)	914,633
Total liabilities and shareholders' equity	$	914,633		$	3,641,988		$	4,531,304		$	35,248	$	(4,682,781	)	$	4,440,392

Pinnacle Foods Inc. Condensed Consolidating Balance Sheet December 30, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations and Reclassifications			Consolidated Total
Current assets:
Cash and cash equivalents	$	—		$	—		$	83,123		$	9,158	$	—		$	92,281
Accounts receivable, net	—			—			135,791			8,093		—			143,884
Intercompany accounts receivable	—			—			73,769			—		(73,769		)	—
Inventories, net	—			—			350,922			7,129		—			358,051
Other current assets	—			1,130			10,546			186		—			11,862
Deferred tax assets	—			—			100,245			74		(1,120		)	99,199
Total current assets	—			1,130			754,396			24,640		(74,889		)	705,277
Plant assets, net	—			—			493,640			26		—			493,666
Investment in subsidiaries	888,726			1,840,632			11,222			—		(2,740,580		)	—
Intercompany note receivable	—			1,469,135			7,270			9,800		(1,486,205		)	—
Tradenames	—			—			1,603,992			—		—			1,603,992
Other assets, net	—			23,691			131,707			160		—			155,558
Deferred tax assets	—			239,347			—			—		(239,347		)	—
Goodwill	—			—			1,441,495			—		—			1,441,495
Total assets	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988
Current liabilities:
Short-term borrowings	$	—		$	—		$	2,139		$	—	$	—		$	2,139
Current portion of long-term obligations	—			27,411			3,008			—		—			30,419
Accounts payable	—			37			136,220			1,069		—			137,326
Intercompany accounts payable	—			65,888			—			7,881		(73,769		)	—
Accrued trade marketing expense	—			—			41,396			3,175		—			44,571
Accrued liabilities	—			29,662			90,000			727		(1,120		)	119,269
Total current liabilities	—			122,998			272,763			12,852		(74,889		)	333,724
Long-term debt	—			2,558,404			17,982			—		—			2,576,386
Intercompany note payable	—			—			1,478,593			7,612		(1,486,205		)	—
Pension and other postretirement benefits	—			—			100,918			—		—			100,918
Other long-term liabilities	—			3,807			22,168			2,730		—			28,705
Deferred tax liabilities	—			—			710,666			210		(239,347		)	471,529
Total liabilities	—			2,685,209			2,603,090			23,404		(1,800,441		)	3,511,262
Commitments and contingencies (Note 12)
Shareholder’s equity:
Pinnacle common stock	812			—			—			—		—			812
Additional paid-in-capital	696,512			697,324			1,284,155			2,324		(1,983,803		)	696,512
Retained earnings	252,955			252,955			608,788			8,842		(870,585		)	252,955
Accumulated other comprehensive loss	(61,553		)	(61,553		)	(52,311		)	56		113,808			(61,553		)
Total Shareholders' equity	888,726			888,726			1,840,632			11,222		(2,740,580		)	888,726
Total liabilities and shareholders' equity	$	888,726		$	3,573,935		$	4,443,722		$	34,626	$	(4,541,021	)	$	4,399,988

Guarantor And NonGuarantor Statements, Statements Of Operations And Comprehensive Income

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries		Eliminations			Consolidated Total
Net sales	$	—		$	—		$	606,581		$	20,616	$	(14,216	)	$	612,981
Cost of products sold	—			12			454,483			17,565		(13,920		)	458,140
Gross profit	—			(12		)	152,098			3,051		(296		)	154,841
Operating expenses
Marketing and selling expenses	—			70			43,901			1,657		—			45,628
Administrative expenses	—			578			21,063			917		—			22,558
Research and development expenses	—			5			2,322			—		—			2,327
Intercompany royalties	—			—			—			9		(9		)	—
Intercompany technical service fees	—			—			—			287		(287		)	—
Other expense (income), net	—			—			3,657			—		—			3,657
Equity in (earnings) loss of investees	(24,796		)	(35,425		)	(89		)	—		60,310			—
Total operating expenses	(24,796		)	(34,772		)	70,854			2,870		60,014			74,170
Earnings before interest and taxes	24,796			34,760			81,244			181		(60,310		)	80,671
Intercompany interest (income) expense	—			(23,290		)	23,258			32		—			—
Interest expense	—			40,080			569			7		—			40,656
Interest income	—			—			2			1		—			3
Earnings before income taxes	24,796			17,970			57,419			143		(60,310		)	40,018
Provision (benefit) for income taxes	—			(6,826		)	21,994			54		—			15,222
Net earnings	$	24,796		$	24,796		$	35,425		$	89	$	(60,310	)	$	24,796
Total comprehensive earnings (loss)	$	25,919		$	25,919		$	36,109		$	493	$	(62,521	)	$	25,919

Pinnacle Foods Inc. Condensed Consolidating Statement of Operations and Comprehensive Earnings For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries		Nonguarantor Subsidiaries			Eliminations			Consolidated Total
Net sales	$	—		$	—		$	612,279	$	18,463		$	(13,817	)	$	616,925
Cost of products sold	—			54			477,300		17,483			(13,589		)	481,248
Gross profit	—			(54		)	134,979		980			(228		)	135,677
Operating expenses
Marketing and selling expenses	—			121			42,924		955			—			44,000
Administrative expenses	—			1,019			18,804		791			—			20,614
Research and development expenses	—			9			2,198		—			—			2,207
Intercompany royalties	—			—			—		13			(13		)	—
Intercompany technical service fees	—			—			—		215			(215		)	—
Other expense (income), net				—			3,686		—			—			3,686
Equity in (earnings) loss of investees	(9,539		)	(25,769		)	773		—			34,535			—
Total operating expenses	(9,539		)	(24,620		)	68,385		1,974			34,307			70,507
Earnings before interest and taxes	9,539			24,566			66,594		(994		)	(34,535		)	65,170
Intercompany interest (income) expense	—			(23,423		)	23,393		30			—			—
Interest expense	—			48,956			649		7			—			49,612
Interest income	—			—			58		—			—			58
Earnings (loss) before income taxes	9,539			(967		)	42,610		(1,031		)	(34,535		)	15,616
Provision (benefit) for income taxes	—			(10,506		)	16,841		(258		)	—			6,077
Net earnings (loss)	$	9,539		$	9,539		$	25,769	$	(773	)	$	(34,535	)	$	9,539
Total comprehensive earnings	$	9,603		$	9,603		$	25,160	$	(1,322	)	$	(33,441	)	$	9,603

Guarantor And Nonguarantor Statements, Statements of Cash Flows

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2013
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(17,523	)	$	85,357		$	(90	)	$	—		$	67,744
Cash flows from investing activities
Intercompany accounts receivable/payable	—			28,291			—			—			(28,291		)	—
Capital expenditures	—			—			(18,242		)	—			—			(18,242		)
Sale of plant assets	—			—			1,775			—			—			1,775
Net cash (used in) provided by investing activities	—			28,291			(16,467		)	—			(28,291		)	(16,467		)
Cash flows from financing activities
Repayments of long-term obligations	—			(10,581		)	—			—			—			(10,581		)
Proceeds from short-term borrowing	—			—			1,107			—			—			1,107
Repayments of short-term borrowing	—			—			(1,415		)	—			—			(1,415		)
Intercompany accounts receivable/payable				—			(28,291		)				28,291			—
Repayment of capital lease obligations	—			—			(550		)	—			—			(550		)
Parent reduction in investment in subsidiary	187			(187		)	—			—			—			—
Repurchases of equity	(187		)	—			—			—			—			(187		)
Net cash (used in) provided by financing activities	—			(10,768		)	(29,149		)	—			28,291			(11,626		)
Effect of exchange rate changes on cash				—			—			162			—			162
Net change in cash and cash equivalents	—			—			39,741			72			—			39,813
Cash and cash equivalents - beginning of period	—			—			83,123			9,158			—			92,281
Cash and cash equivalents - end of period	$	—		$	—		$	122,864		$	9,230		$	—		$	132,094
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,776		$	549		$	—		$	—		$	36,325
Interest received	—			1			2			—			—			3
Income taxes paid	—			—			195			109			—			304
Non-cash investing and financing activities:
New capital leases	—			—			4,668			—			—			4,668

Pinnacle Foods Inc. Condensed Consolidating Statement of Cash Flows For the three months ended March 25, 2012
	Pinnacle Foods Inc.			Pinnacle Foods Finance LLC			Guarantor Subsidiaries			Nonguarantor Subsidiaries			Eliminations and Reclassifications			Consolidated Total
Cash flows from operating activities
Net cash provided by (used in) operating activities	$	—		$	(12,966	)	$	47,230		$	(407	)	$	—		$	33,857
Cash flows from investing activities
Intercompany accounts receivable/payable	—			1,873			—			—			(1,873		)	—
Repayments of intercompany loans	—			14,568			—						(14,568		)	—
Capital expenditures	—			—			(13,505		)	—			—			(13,505		)
Net cash (used in) provided by investing activities	—			16,441			(13,505		)	—			(16,441		)	(13,505		)
Cash flows from financing activities
Repayments of long-term obligations	—			(3,125		)	—			—			—			(3,125		)
Proceeds from short-term borrowing	—			—			815			—			—			815
Repayments of short-term borrowing	—			—			(937		)	—			—			(937		)
Intercompany accounts receivable/payable	—			—			(1,873		)				1,873			—
Repayments of intercompany loans	—			—			(14,568		)	—			14,568			—
Repayment of capital lease obligations	—			—			(792		)	—			—			(792		)
Parent reduction in investment in subsidiary	350			(350		)	—			—			—			—
Repurchases of equity	(350		)	—			—			—			—			(350		)
Net cash (used in) provided by financing activities	—			(3,475		)	(17,355		)	—			16,441			(4,389		)
Effect of exchange rate changes on cash				—			—			218			—			218
Net change in cash and cash equivalents	—			—			16,370			(189		)	—			16,181
Cash and cash equivalents - beginning of period	—			—			150,493			538			—			151,031
Cash and cash equivalents - end of period	$	—		$	—		$	166,863		$	349		$	—		$	167,212
Supplemental disclosures of cash flow information:
Interest paid	$	—		$	35,040		$	633		$	—		$	—		$	35,673
Interest received	—			—			58			—			—			58
Income taxes (refunded) paid	—			—			(29		)	125			—			96

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Related Party Transactions

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

At the closing of its acquisition by Blackstone, the Company entered into an advisory agreement with an affiliate of Blackstone pursuant to which such entity or its affiliates provide certain strategic and structuring advice and assistance to the Company. In addition, under this agreement, affiliates of Blackstone provide certain monitoring, advisory and consulting services to the Company for an aggregate annual management fee equal to the greater of $2,500 or 1.0% of Covenant Compliance EBITDA (as defined in the credit agreement governing the Company’s Senior Secured Credit Facility). Affiliates of Blackstone also receive reimbursement for out-of-pocket expenses. Expenses relating to the management fee were $1,148 and $1,188 in the three months ended March 31, 2013 and March 25, 2012, respectively. There were no out-of-pocket expenses reimbursed to Blackstone in the three months ended March 31, 2013. The Company reimbursed Blackstone for out-of-pocket expenses totaling $123 in three months ended March 25, 2012. As of March 31, 2013, prepaid expenses for related party management fees were $3,345 and were recorded in the Other current assets line in the Consolidated Balance Sheets.

Subsequent to this quarter, on April 3, 2013, and in connection with the Company's IPO described in Note 1 of the Consolidated Financial Statements, "Summary of Business Activities", the advisory agreement was terminated with a fee paid of $15.1 million. Also, the Other current asset of $3,345 discussed above will be expensed in the second quarter.

Customer Purchases

Performance Food Group Company, which is controlled by affiliates of Blackstone, is a foodservice supplier that purchases products from the Company. Sales to Performance Food Group Company were $1,144 and $1,246 in the three months ended March 31, 2013 and March 25, 2012, respectively. As of March 31, 2013 and December 30, 2012, amounts due from Performance Food Group Company were $125 and $68, respectively, and were recorded on the Accounts receivable, net of allowances line in the Consolidated Balance Sheets.

Interest Expense

For the three months ended March 31, 2013 and March 25, 2012, fees and interest expense recognized in the Consolidated Statements of Operations for debt to affiliates of Blackstone Advisors L.P. totaled $579 and $1,331, respectively. As of March 31, 2013 and December 30, 2012, debt owed to related parties was $62,754 and $63,097, respectively and was recorded on the Long-term debt in the Consolidated Balance Sheets. As of March 31, 2013 and December 30, 2012, interest accrued on debt to related parties was $172 and $173, respectively, and was recorded on the Accrued liabilities line in the Consolidated Balance Sheets.