XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Apr. 04, 2015
Jan. 03, 2015
Current assets:    
Cash and cash equivalents $ 112,131us-gaap_CashAndCashEquivalentsAtCarryingValue $ 108,784us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 353us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 343us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 376,968us-gaap_AccountsReceivableNetCurrent 409,779us-gaap_AccountsReceivableNetCurrent
Inventories 398,179us-gaap_InventoryNet 401,613us-gaap_InventoryNet
Prepaid expenses 54,848us-gaap_PrepaidExpenseCurrent 44,629us-gaap_PrepaidExpenseCurrent
Income taxes refundable 25,531us-gaap_IncomeTaxesReceivable 22,140us-gaap_IncomeTaxesReceivable
Other current assets 30,642us-gaap_OtherAssetsCurrent 21,324us-gaap_OtherAssetsCurrent
Deferred income taxes 45,139us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 45,001us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Total current assets 1,043,791us-gaap_AssetsCurrent 1,053,613us-gaap_AssetsCurrent
Property, plant and equipment, less accumulated depreciation of $540,327 at April 4, 2015 and $525,699 at January 3, 2015 1,507,625us-gaap_PropertyPlantAndEquipmentNet 1,574,116us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, less accumulated amortization of $198,281 at April 4, 2015 and $184,909 at January 3, 2015 869,800us-gaap_IntangibleAssetsNetExcludingGoodwill 932,413us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 1,255,105us-gaap_Goodwill 1,320,419us-gaap_Goodwill
Investment in unconsolidated subsidiaries 198,639us-gaap_EquityMethodInvestments 202,712us-gaap_EquityMethodInvestments
Other assets 67,023us-gaap_OtherAssetsNoncurrent 71,009us-gaap_OtherAssetsNoncurrent
Deferred income taxes 15,832us-gaap_DeferredTaxAssetsNetNoncurrent 16,431us-gaap_DeferredTaxAssetsNetNoncurrent
Total assets 4,957,815us-gaap_Assets 5,170,713us-gaap_Assets
Current liabilities:    
Current portion of long-term debt 81,195us-gaap_LongTermDebtCurrent 54,401us-gaap_LongTermDebtCurrent
Accounts payable, principally trade 161,853us-gaap_AccountsPayableTradeCurrent 168,518us-gaap_AccountsPayableTradeCurrent
Income taxes payable 6,138us-gaap_TaxesPayableCurrent 4,363us-gaap_TaxesPayableCurrent
Accrued expenses 224,845us-gaap_AccruedLiabilitiesCurrent 256,119us-gaap_AccruedLiabilitiesCurrent
Deferred income taxes 1,540us-gaap_DeferredTaxLiabilitiesCurrent 642us-gaap_DeferredTaxLiabilitiesCurrent
Total current liabilities 475,571us-gaap_LiabilitiesCurrent 484,043us-gaap_LiabilitiesCurrent
Long-term debt, net of current portion 2,009,535us-gaap_LongTermDebtNoncurrent 2,098,039us-gaap_LongTermDebtNoncurrent
Other non-current liabilities 112,354us-gaap_OtherLiabilitiesNoncurrent 114,700us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes 402,414us-gaap_DeferredTaxLiabilitiesNoncurrent 422,797us-gaap_DeferredTaxLiabilitiesNoncurrent
Total liabilities 2,999,874us-gaap_Liabilities 3,119,579us-gaap_Liabilities
Commitments and contingencies      
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 166,999,637 and 166,213,793 shares issued at April 4, 2015 and at January 3, 2015, respectively 1,670us-gaap_CommonStockValue 1,662us-gaap_CommonStockValue
Additional paid-in capital 1,481,590us-gaap_AdditionalPaidInCapital 1,479,637us-gaap_AdditionalPaidInCapital
Treasury stock, at cost; 1,779,614 and 1,501,130 shares at April 4, 2015 and at January 3, 2015, respectively (27,638)us-gaap_TreasuryStockValue (23,207)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (274,895)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (177,060)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 672,067us-gaap_RetainedEarningsAccumulatedDeficit 671,958us-gaap_RetainedEarningsAccumulatedDeficit
Total Darling's stockholders’ equity 1,852,794us-gaap_StockholdersEquity 1,952,990us-gaap_StockholdersEquity
Noncontrolling interests 105,147us-gaap_MinorityInterest 98,144us-gaap_MinorityInterest
Total stockholders' equity 1,957,941us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 2,051,134us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders' equity $ 4,957,815us-gaap_LiabilitiesAndStockholdersEquity $ 5,170,713us-gaap_LiabilitiesAndStockholdersEquity