XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 157,815 $ 156,884
Restricted cash 312 331
Accounts receivable, net 399,877 371,392
Inventories 364,362 344,583
Prepaid expenses 43,131 36,175
Income taxes refundable 12,839 11,963
Other current assets 25,822 10,460
Total current assets 1,004,158 931,788
Property, plant and equipment, less accumulated depreciation of $756,440 at July 2, 2016 and $652,875 at January 2, 2016 1,528,387 1,508,167
Intangible assets, less accumulated amortization of $267,226 at July 2, 2016 and $252,719 at January 2, 2016 769,427 782,349
Goodwill 1,258,480 1,233,102
Investment in unconsolidated subsidiaries 243,801 247,238
Other assets 38,592 41,623
Deferred income taxes 17,049 16,352
Total assets 4,859,894 4,760,619
Current liabilities:    
Current portion of long-term debt 30,842 45,166
Accounts payable, principally trade 177,303 149,998
Income taxes payable 9,118 6,679
Accrued expenses 249,435 239,825
Total current liabilities 466,698 441,668
Long-term debt, net of current portion 1,874,492 1,885,851
Other non-current liabilities 93,692 97,809
Deferred income taxes 366,936 360,681
Total liabilities 2,801,818 2,786,009
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 167,617,151 and 167,070,983 shares issued at July 2, 2016 and at January 2, 2016, respectively 1,676 1,671
Additional paid-in capital 1,494,075 1,488,783
Treasury stock, at cost; 3,026,816 and 2,335,607 shares at July 2, 2016 and at January 2, 2016, respectively (40,878) (34,316)
Accumulated other comprehensive loss (282,226) (335,918)
Retained earnings 783,567 750,489
Total Darling's stockholders’ equity 1,956,214 1,870,709
Noncontrolling interests 101,862 103,901
Total stockholders' equity 2,058,076 1,974,610
Total liabilities and stockholders' equity $ 4,859,894 $ 4,760,619