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Business Segments
 3 Months Ended
Mar. 29, 2014
Segment Reporting [Abstract]  
Business Segments
Business Segments

Effective December 29, 2013, the Company's business operations were reorganized into three industry segments: Feed Ingredients, Food Ingredients and Fuel Ingredients, in order to better align its business with the underlying markets and customers that the Company serves. All historical periods have been recast for the changes to the segment reporting structure. The Company sells its products domestically and internationally. The measure of segment profit (loss) includes all revenues, operating expenses (excluding certain amortization of intangibles), and selling, general and administrative expenses incurred at all operating locations and excludes general corporate expenses.

Included in corporate activities are general corporate expenses and the amortization of certain intangibles. Assets of corporate activities include cash, unallocated prepaid expenses, deferred tax assets, prepaid pension, and miscellaneous other assets.

Feed Ingredients
Feed Ingredients consists principally of (i) the Company's U.S. ingredients business, including the Company's used cooking oil, trap grease and food residuals collection businesses, the Rothsay ingredients business, and the ingredients and specialty products businesses conducted by Darling Ingredients International under the Sonac name (proteins, fats, and plasma products) and (ii) the Company's bakery by-products business. Feed Ingredients operations process animal by-products and used cooking oil into fats, protein and hides.

Food Ingredients
Food Ingredients consists principally of (i) the gelatin and collagen hydrolysates business conducted by Darling Ingredients International under the Rousselot name, (ii) the natural casings and meat-by-products business conducted by Darling Ingredients International under the CTH name and (iii) certain specialty products businesses conducted by Darling Ingredients International under the Sonac name.

Fuel Ingredients
The Company's Fuel Ingredients segment consists of (i) the Company's biofuel business conducted under the Dar Pro® and Rothsay names and (ii) the bioenergy business conducted by Darling Ingredients International under the Ecoson and Rendac names.

Business Segments (in thousands):

 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Three Months Ended March 29, 2014
 
 
 
 
 
Net Sales
$
571,936

$
271,082

$
88,417

$
—

$
931,435

Cost of sales and operating expenses
446,039

235,358

74,177

(121
)
755,453

Gross Margin
125,897

35,724

14,240

121

175,982

 
 
 
 
 
 
Selling, general and administrative expense
52,376

27,795

4,815

9,943

94,929

Acquisition costs
—

—

—

15,948

15,948

Depreciation and amortization
37,730

16,471

7,212

4,256

65,669

Segment operating income/ (loss)
35,791

(8,542
)
2,213

(30,026
)
(564
)
 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
403

—

4,674

—

5,077

Segment income
36,194

(8,542
)
6,887

(30,026
)
4,513

 
 
 
 
 
 
Total other expense
 
 
 
 
(73,809
)
Income before income taxes
 
 
 
 
$
(69,296
)
 
 
 
 
 
 
Segment assets at March 29, 2014
$
2,708,147

$
1,841,634

$
719,644

$
280,434

$
5,549,859




 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Three Months Ended March 30, 2013
 
 
 
 
 
Net Sales
$
443,782

$
—

$
1,640

$
—

$
445,422

Cost of sales and operating expenses
321,192

—

1,361

133

322,686

Gross Margin
122,590

—

279

(133
)
122,736

 
 
 
 
 
 
Selling, general and administrative expense
34,086

—

96

8,111

42,293

Acquisition costs
—

—

—

—

—

Depreciation and amortization
20,477

—

31

1,359

21,867

Segment operating income/ (loss)
68,027

—

152

(9,603
)
58,576

 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
—

—

(1,195
)
—

(1,195
)
Segment income
68,027

—

(1,043
)
(9,603
)
57,381

 
 
 
 
 
 
Total other expense
 
 
 
 
(4,558
)
Income before income taxes
 
 
 
 
$
52,823

 
 
 
 
 
 
Segment assets at December 28, 2013
$
1,986,564

$
—

$
179,722

$
1,077,847

$
3,244,133