XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 114,778 $ 126,502
Restricted cash 39,387 292
Inventories 617,847 758,739
Prepaid expenses 84,619 105,657
Income taxes refundable 40,131 23,599
Other current assets 23,570 42,586
Total current assets 1,496,920 1,855,666
Property, plant and equipment, less accumulated depreciation of $2,574,130 at September 28, 2024 and $2,360,342 at December 30, 2023 2,856,229 2,935,185
Intangible assets, less accumulated amortization of $565,432 at September 28, 2024 and $748,646 at December 30, 2023 977,361 1,075,892
Goodwill 2,455,948 2,484,502
Investment in unconsolidated subsidiaries 2,332,007 2,251,629
Operating lease right-of-use assets 213,515 205,539
Other assets 222,127 234,960
Deferred income taxes 18,612 17,711
Total assets 10,572,719 11,061,084
Current liabilities:    
Current portion of long-term debt 114,326 60,703
Accounts payable, principally trade 331,695 425,588
Income taxes payable 15,013 15,522
Current operating lease liabilities 59,626 55,325
Accrued expenses 541,879 440,999
Total current liabilities 1,062,539 998,137
Long-term debt, net of current portion 4,131,891 4,366,370
Long-term operating lease liabilities 158,454 154,903
Other non-current liabilities 211,011 349,809
Deferred income taxes 374,530 498,174
Total liabilities 5,938,425 6,367,393
Commitments and contingencies
Stockholders’ equity:    
     Common stock, $0.01 par value; 250,000,000 shares authorized; 174,953,659 and 174,427,981 shares issued at September 28, 2024 and December 30, 2023, respectively 1,750 1,744
Additional paid-in capital 1,724,665 1,697,787
     Treasury stock, at cost; 15,909,737 and 14,894,192 shares at        September 28, 2024 and December 30, 2023, respectively (667,346) (629,008)
Accumulated other comprehensive loss (417,885) (198,346)
Retained earnings 3,910,226 3,733,254
Total Darling's stockholders’ equity 4,551,410 4,605,431
Noncontrolling interests 82,884 88,260
Total stockholders' equity 4,634,294 4,693,691
Total liabilities and stockholders' equity 10,572,719 11,061,084
Nonrelated Party    
Current assets:    
Accounts receivable 558,538 626,008
Related Party    
Current assets:    
Accounts receivable $ 18,050 $ 172,283