XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Other Comprehensive Income (Tables) | 9 Months Ended
--- | ---
Oct. 01, 2016
Equity [Abstract] |
Schedule of Comprehensive Income (Loss) | The components of other comprehensive income (loss) and the related tax impacts for the three and nine months months ended October 1, 2016 and October 3, 2015 are as follows (in thousands):
| Three Months Ended
| Before-Tax | Tax (Expense) | Net-of-Tax
| Amount | or Benefit | Amount
| October 1, 2016 | October 3, 2015 | October 1, 2016 | October 3, 2015 | October 1, 2016 | October 3, 2015
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service cost/(benefit) | $ | 8 |  | $ | (21 | ) | $ | (2 | ) | $ | 9 |  | $ | 6 |  | $ | (12 | )
Amortization of actuarial loss | 1,168 |  | 1,286 |  | (447 | ) | (494 | ) | 721 |  | 792 |
Total defined benefit pension plans | 1,176 |  | 1,265 |  | (449 | ) | (485 | ) | 727 |  | 780 |
Corn option derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | (861 | ) | (211 | ) | 334 |  | 82 |  | (527 | ) | (129 | )
Gain/(loss) activity recognized in other comprehensive income (loss) | 2,060 |  | 3,254 |  | (799 | ) | (1,264 | ) | 1,261 |  | 1,990 |
Total corn option derivatives | 1,199 |  | 3,043 |  | (465 | ) | (1,182 | ) | 734 |  | 1,861 |
Foreign currency translation | (5,839 | ) | (43,295 | ) | — |  | — |  | (5,839 | ) | (43,295 | )
Other comprehensive income (loss) | $ | (3,464 | ) | $ | (38,987 | ) | $ | (914 | ) | $ | (1,667 | ) | $ | (4,378 | ) | $ | (40,654 | )
| Nine Months Ended
| Before-Tax | Tax (Expense) | Net-of-Tax
| Amount | or Benefit | Amount
| October 1, 2016 | October 3, 2015 | October 1, 2016 | October 3, 2015 | October 1, 2016 | October 3, 2015
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service cost/(benefit) | $ | 22 |  | $ | (61 | ) | $ | (7 | ) | $ | 29 |  | $ | 15 |  | $ | (32 | )
Amortization of actuarial loss | 3,502 |  | 3,855 |  | (1,338 | ) | (1,496 | ) | 2,164 |  | 2,359 |
Amortization of settlement | (123 | ) | — |  | 48 |  | — |  | (75 | ) | — |
Total defined benefit pension plans | 3,401 |  | 3,794 |  | (1,297 | ) | (1,467 | ) | 2,104 |  | 2,327 |
Corn option derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | (3,204 | ) | (792 | ) | 1,243 |  | 307 |  | (1,961 | ) | (485 | )
Gain/(loss) activity recognized in other comprehensive income (loss) | 5,255 |  | 1,731 |  | (2,039 | ) | (672 | ) | 3,216 |  | 1,059 |
Total corn option derivatives | 2,051 |  | 939 |  | (796 | ) | (365 | ) | 1,255 |  | 574 |
Foreign currency translation | 43,684 |  | (129,167 | ) | — |  | — |  | 43,684 |  | (129,167 | )
Other Comprehensive income (loss) | $ | 49,136 |  | $ | (124,434 | ) | $ | (2,093 | ) | $ | (1,832 | ) | $ | 47,043 |  | $ | (126,266 | )
Reclassification out of Accumulated Other Comprehensive Income | The following table presents the amounts reclassified out of each component of other comprehensive income (loss), net of tax for the three and nine months months ended October 1, 2016 and October 3, 2015 as follows (in thousands):
| Three Months Ended | Nine Months Ended |
| October 1, 2016 | October 3, 2015 | October 1, 2016 | October 3, 2015 | Statement of Operations Classification
Derivative instruments |  |  |  |  |
Corn option derivatives | $ | 861 |  | $ | 211 |  | $ | 3,204 |  | $ | 792 |  | Cost of sales and operating expenses
| 861 |  | 211 |  | 3,204 |  | 792 |  | Total before tax
| (334 | ) | (82 | ) | (1,243 | ) | (307 | ) | Income taxes
| 527 |  | 129 |  | 1,961 |  | 485 |  | Net of tax
Defined benefit pension plans |  |  |  |  |
Amortization of prior service (cost)/benefit | $ | (8 | ) | $ | 21 |  | $ | (22 | ) | $ | 61 |  | (a)
Amortization of actuarial loss | (1,168 | ) | (1,286 | ) | (3,502 | ) | (3,855 | ) | (a)
Amortization of settlement | — |  | — |  | 123 |  | — |  | (a)
| (1,176 | ) | (1,265 | ) | (3,401 | ) | (3,794 | ) | Total before tax
| 449 |  | 485 |  | 1,297 |  | 1,467 |  | Income taxes
| (727 | ) | (780 | ) | (2,104 | ) | (2,327 | ) | Net of tax
Total reclassifications | $ | (200 | ) | $ | (651 | ) | $ | (143 | ) | $ | (1,842 | ) | Net of tax
(a) | These items are included in the computation of net periodic pension cost. See Note 11 Employee Benefit Plans for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in each component of accumulated comprehensive income (loss) as of October 1, 2016 as follows (in thousands):
|  | Nine Months Ended October 1, 2016
|  | Foreign Currency | Derivative | Defined Benefit |
|  | Translation | Instruments | Pension Plans | Total
Accumulated Other Comprehensive Income (loss) January 2, 2016, attributable to Darling, net of tax |  | $ | (305,213 | ) | $ | 1,843 |  | $ | (32,548 | ) | $ | (335,918 | )
Other comprehensive gain before reclassifications |  | 43,684 |  | 3,216 |  | — |  | 46,900 |
Amounts reclassified from accumulated other comprehensive income/(loss) |  | — |  | (1,961 | ) | 2,104 |  | 143 |
Net current-period other comprehensive income |  | 43,684 |  | 1,255 |  | 2,104 |  | 47,043 |
Noncontrolling interest |  | (2,561 | ) | — |  | — |  | (2,561 | )
Accumulated Other Comprehensive Income (loss) October 1, 2016, attributable to Darling, net of tax |  | (258,968 | ) | $ | 3,098 |  | $ | (30,444 | ) | $ | (286,314 | )

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration