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Guarantor Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2016
Guarantor Financial Information [Abstract] |
Guarantor Financial Information Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheet As of December 31, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
ASSETS |  |  |  |  |
Cash and cash equivalents | $ | 1,470 |  | $ | 5,754 |  | $ | 107,340 |  | $ | — |  | $ | 114,564 |
Restricted cash | 103 |  | — |  | 190 |  | — |  | 293 |
Accounts receivable | 39,209 |  | 97,220 |  | 339,251 |  | (87,283 | ) | 388,397 |
Inventories | 16,573 |  | 85,890 |  | 228,352 |  | — |  | 330,815 |
Income taxes refundable | 3,566 |  | — |  | 3,913 |  | — |  | 7,479 |
Prepaid expenses | 11,152 |  | 2,769 |  | 16,063 |  | — |  | 29,984 |
Other current assets | 5,859 |  | 3,165 |  | 19,221 |  | (6,475 | ) | 21,770 |
Total current assets | 77,932 |  | 194,798 |  | 714,330 |  | (93,758 | ) | 893,302 |
Investment in subsidiaries | 4,296,200 |  | 1,154,398 |  | 909,263 |  | (6,359,861 | ) | — |
Property, plant and equipment, net | 233,456 |  | 497,312 |  | 784,807 |  | — |  | 1,515,575 |
Intangible assets, net | 13,746 |  | 291,724 |  | 406,457 |  | — |  | 711,927 |
Goodwill | 21,860 |  | 549,960 |  | 654,073 |  | — |  | 1,225,893 |
Investment in unconsolidated subsidiaries | 1,438 |  | — |  | 291,279 |  | — |  | 292,717 |
Other assets | 36,063 |  | 396,222 |  | 160,505 |  | (549,177 | ) | 43,613 |
Deferred income taxes | — |  | — |  | 14,990 |  | — |  | 14,990 |
| $ | 4,680,695 |  | $ | 3,084,414 |  | $ | 3,935,704 |  | $ | (7,002,796 | ) | $ | 4,698,017 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Current portion of long-term debt | $ | 4,220 |  | $ | — |  | $ | 25,502 |  | $ | (6,475 | ) | $ | 23,247 |
Accounts payable | 116,075 |  | 18,142 |  | 130,718 |  | (84,040 | ) | 180,895 |
Income taxes payable | (383 | ) | 373 |  | 4,923 |  | — |  | 4,913 |
Accrued expenses | 86,581 |  | 33,834 |  | 125,624 |  | (3,243 | ) | 242,796 |
Total current liabilities | 206,493 |  | 52,349 |  | 286,767 |  | (93,758 | ) | 451,851 |
Long-term debt, net of current portion | 1,109,523 |  | — |  | 1,167,349 |  | (549,176 | ) | 1,727,696 |
Other noncurrent liabilities | 63,072 |  | — |  | 33,042 |  | — |  | 96,114 |
Deferred income taxes | 140,543 |  | — |  | 205,591 |  | — |  | 346,134 |
Total liabilities | 1,519,631 |  | 52,349 |  | 1,692,749 |  | (642,934 | ) | 2,621,795 |
Total stockholders' equity | 3,161,064 |  | 3,032,065 |  | 2,242,955 |  | (6,359,862 | ) | 2,076,222 |
| $ | 4,680,695 |  | $ | 3,084,414 |  | $ | 3,935,704 |  | $ | (7,002,796 | ) | $ | 4,698,017 |
Condensed Consolidating Balance Sheet As of January 2, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
ASSETS |  |  |  |  |
Cash and cash equivalents | $ | 3,443 |  | $ | 3,993 |  | $ | 149,448 |  | $ | — |  | $ | 156,884 |
Restricted cash | 102 |  | — |  | 229 |  | — |  | 331 |
Accounts receivable | 184,472 |  | 81,644 |  | 310,932 |  | (205,656 | ) | 371,392 |
Inventories | 13,564 |  | 89,078 |  | 241,941 |  | — |  | 344,583 |
Income taxes refundable | 7,695 |  | — |  | 4,268 |  | — |  | 11,963 |
Prepaid expenses | 13,322 |  | 2,262 |  | 20,591 |  | — |  | 36,175 |
Other current assets | 5,273 |  | 24 |  | 22,852 |  | (17,689 | ) | 10,460 |
Total current assets | 227,871 |  | 177,001 |  | 750,261 |  | (223,345 | ) | 931,788 |
Investment in subsidiaries | 4,072,855 |  | 1,141,644 |  | 837,604 |  | (6,052,103 | ) | — |
Property, plant and equipment, net | 224,208 |  | 477,446 |  | 806,513 |  | — |  | 1,508,167 |
Intangible assets, net | 17,794 |  | 326,231 |  | 438,324 |  | — |  | 782,349 |
Goodwill | 21,860 |  | 549,690 |  | 661,552 |  | — |  | 1,233,102 |
Investment in unconsolidated subsidiary | — |  | — |  | 247,238 |  | — |  | 247,238 |
Other assets | 36,488 |  | 499,764 |  | 314,893 |  | (809,522 | ) | 41,623 |
Deferred income taxes | — |  | — |  | 16,352 |  | — |  | 16,352 |
| $ | 4,601,076 |  | $ | 3,171,776 |  | $ | 4,072,737 |  | $ | (7,084,970 | ) | $ | 4,760,619 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Current portion of long-term debt | $ | 20,328 |  | $ | — |  | $ | 42,527 |  | $ | (17,689 | ) | $ | 45,166 |
Accounts payable | 6,981 |  | 210,926 |  | 122,136 |  | (190,045 | ) | 149,998 |
Income tax payable | (383 | ) | 373 |  | 6,689 |  | — |  | 6,679 |
Accrued expenses | 82,854 |  | 29,037 |  | 143,547 |  | (15,613 | ) | 239,825 |
Total current liabilities | 109,780 |  | 240,336 |  | 314,899 |  | (223,347 | ) | 441,668 |
Long-term debt, net of current portion | 1,234,002 |  | — |  | 1,461,371 |  | (809,522 | ) | 1,885,851 |
Other noncurrent liabilities | 57,578 |  | 1,999 |  | 38,232 |  | — |  | 97,809 |
Deferred income taxes | 147,416 |  | — |  | 213,265 |  | — |  | 360,681 |
Total liabilities | 1,548,776 |  | 242,335 |  | 2,027,767 |  | (1,032,869 | ) | 2,786,009 |
Total stockholders' equity | 3,052,300 |  | 2,929,441 |  | 2,044,970 |  | (6,052,101 | ) | 1,974,610 |
| $ | 4,601,076 |  | $ | 3,171,776 |  | $ | 4,072,737 |  | $ | (7,084,970 | ) | $ | 4,760,619 |
Guarantor Financial Information Condensed Consolidating Statements Of Operations | Condensed Consolidating Statements of Operations For the year ended December 31, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net sales | $ | 501,856 |  | $ | 1,341,925 |  | $ | 1,752,844 |  | $ | (198,510 | ) | $ | 3,398,115 |
Cost and expenses: |  |  |  |  |
Cost of sales and operating expenses | 392,876 |  | 1,085,582 |  | 1,361,786 |  | (198,510 | ) | 2,641,734 |
Selling, general and administrative expenses | 130,573 |  | 51,029 |  | 132,403 |  | — |  | 314,005 |
Depreciation and amortization | 41,106 |  | 105,261 |  | 143,541 |  | — |  | 289,908 |
Acquisition and integration costs | — |  | — |  | 401 |  | — |  | 401 |
Total costs and expenses | 564,555 |  | 1,241,872 |  | 1,638,131 |  | (198,510 | ) | 3,246,048 |
Operating income | (62,699 | ) | 100,053 |  | 114,713 |  | — |  | 152,067 |
Interest expense | (60,971 | ) | 17,492 |  | (50,708 | ) | — |  | (94,187 | )
Foreign currency gains/(losses) | 122 |  | (283 | ) | (1,693 | ) | — |  | (1,854 | )
Other income/(expense), net | (13,538 | ) | 106 |  | 9,566 |  | — |  | (3,866 | )
Equity in net income of unconsolidated subsidiaries | (1,236 | ) | — |  | 71,615 |  | — |  | 70,379 |
Earnings in investments in subsidiaries | 223,347 |  | — |  | — |  | (223,347 | ) | — |
Income/(loss) from operations before taxes | 85,025 |  | 117,368 |  | 143,493 |  | (223,347 | ) | 122,539 |
Income taxes (benefit) | (17,288 | ) | 14,669 |  | 17,934 |  | — |  | 15,315 |
Net (income)/loss attributable to noncontrolling interests | — |  | — |  | (4,911 | ) | — |  | (4,911 | )
Net income/(loss) attributable to Darling | $ | 102,313 |  | $ | 102,699 |  | $ | 120,648 |  | $ | (223,347 | ) | $ | 102,313 |
Condensed Consolidating Statements of Operations For the year ended January 2, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net sales | $ | 475,213 |  | $ | 1,363,279 |  | $ | 1,759,800 |  | $ | (200,846 | ) | $ | 3,397,446 |
Cost and expenses: |  |  |  |  |
Cost of sales and operating expenses | 369,928 |  | 1,108,864 |  | 1,376,079 |  | (200,846 | ) | 2,654,025 |
Selling, general and administrative expenses | 122,509 |  | 55,691 |  | 144,374 |  | — |  | 322,574 |
Depreciation and amortization | 34,889 |  | 98,400 |  | 136,615 |  | — |  | 269,904 |
Acquisition and integration costs | 3,177 |  | — |  | 5,122 |  | — |  | 8,299 |
Total costs and expenses | 530,503 |  | 1,262,955 |  | 1,662,190 |  | (200,846 | ) | 3,254,802 |
Operating income | (55,290 | ) | 100,324 |  | 97,610 |  | — |  | 142,644 |
Interest expense | (60,945 | ) | 18,839 |  | (63,424 | ) | — |  | (105,530 | )
Foreign currency gains/(losses) | (123 | ) | (1,649 | ) | (3,139 | ) | — |  | (4,911 | )
Other income/(expense), net | (22,455 | ) | 435 |  | 15,181 |  | — |  | (6,839 | )
Equity in net income of unconsolidated subsidiaries | — |  | — |  | 73,416 |  | — |  | 73,416 |
Earnings in investments in subsidiaries | 198,371 |  | — |  | — |  | (198,371 | ) | — |
Income/(loss) from operations before taxes | 59,558 |  | 117,949 |  | 119,644 |  | (198,371 | ) | 98,780 |
Income taxes (benefit) | (18,973 | ) | 16,121 |  | 16,353 |  | — |  | 13,501 |
Net (income)/loss attributable to noncontrolling interests | — |  | — |  | (6,748 | ) | — |  | (6,748 | )
Net income/(loss) attributable to Darling | $ | 78,531 |  | $ | 101,828 |  | $ | 96,543 |  | $ | (198,371 | ) | $ | 78,531 |
Condensed Consolidating Statements of Operations For the year ended January 3, 2015 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net sales | $ | 557,316 |  | $ | 1,620,054 |  | $ | 2,063,310 |  | $ | (284,237 | ) | $ | 3,956,443 |
Cost and expenses: |  |  |  |  |
Cost of sales and operating expenses | 421,883 |  | 1,330,038 |  | 1,655,487 |  | (284,237 | ) | 3,123,171 |
Selling, general and administrative expenses | 145,258 |  | 54,070 |  | 175,252 |  | — |  | 374,580 |
Depreciation and amortization | 31,183 |  | 83,957 |  | 154,377 |  | — |  | 269,517 |
Acquisition costs | 20,410 |  | — |  | 4,257 |  | — |  | 24,667 |
Total costs and expenses | 618,734 |  | 1,468,065 |  | 1,989,373 |  | (284,237 | ) | 3,791,935 |
Operating income | (61,418 | ) | 151,989 |  | 73,937 |  | — |  | 164,508 |
Interest expense | (97,912 | ) | 21,231 |  | (58,554 | ) | (181 | ) | (135,416 | )
Foreign currency gains/(losses) | (12,244 | ) | (417 | ) | (887 | ) | — |  | (13,548 | )
Other income/(expense), net | (3,717 | ) | (19 | ) | 3,854 |  | 181 |  | 299 |
Equity in net income of unconsolidated subsidiary | — |  | — |  | 65,609 |  | — |  | 65,609 |
Earnings in investments in subsidiaries | 223,790 |  | — |  | — |  | (223,790 | ) | — |
Income/(loss) from operations before taxes | 48,499 |  | 172,784 |  | 83,959 |  | (223,790 | ) | 81,452 |
Income taxes (benefit) | (15,716 | ) | 17,534 |  | 11,323 |  | — |  | 13,141 |
Net (income)/loss attributable to noncontrolling interests | — |  | — |  | (4,096 | ) | — |  | (4,096 | )
Net income/(loss) attributable to Darling | $ | 64,215 |  | $ | 155,250 |  | $ | 68,540 |  | $ | (223,790 | ) | $ | 64,215 |
Guarantor Financial Information Condensed Consolidating Statements of Comprehensive Income (Loss) | Condensed Consolidating Statements of Comprehensive Income/(Loss) For the year ended December 31, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net income | $ | 107,224 |  | $ | 102,699 |  | $ | 120,648 |  | $ | (223,347 | ) | $ | 107,224 |
Other comprehensive income/(loss), net of tax: |  |  |  |  |
Foreign currency translation | — |  | — |  | (5,593 | ) | — |  | (5,593 | )
Pension adjustments | 1,766 |  | — |  | (2,782 | ) | — |  | (1,016 | )
Corn option derivative adjustments | 625 |  | — |  | — |  | — |  | 625 |
Total other comprehensive income, net of tax | 2,391 |  | — |  | (8,375 | ) | — |  | (5,984 | )
Total comprehensive income/(loss) | 109,615 |  | 102,699 |  | 112,273 |  | (223,347 | ) | 101,240 |
Comprehensive income attributable to noncontrolling interests | — |  | — |  | 3,015 |  | — |  | $ | 3,015 |
Comprehensive income/(loss) attributable to Darling | $ | 109,615 |  | $ | 102,699 |  | $ | 109,258 |  | $ | (223,347 | ) | $ | 98,225 |
Condensed Consolidating Statements of Comprehensive Income/(Loss) For the year ended January 2, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net income | $ | 85,279 |  | $ | 101,828 |  | $ | 96,543 |  | $ | (198,371 | ) | $ | 85,279 |
Other comprehensive income (loss), net of tax: |  |  |  |  |
Foreign currency translation | — |  | — |  | (162,436 | ) | — |  | (162,436 | )
Pension adjustments | 83 |  | 109 |  | 4,010 |  | — |  | 4,202 |
Corn option derivative adjustments | 1,767 |  | — |  | — |  | — |  | 1,767 |
Total other comprehensive income, net of tax | 1,850 |  | 109 |  | (158,426 | ) | — |  | (156,467 | )
Total comprehensive income (loss) | $ | 87,129 |  | $ | 101,937 |  | $ | (61,883 | ) | $ | (198,371 | ) | $ | (71,188 | )
Comprehensive income attributable to noncontrolling interests | — |  | — |  | 9,139 |  | — |  | 9,139 |
Comprehensive income/(loss) attributable to Darling | $ | 87,129 |  | $ | 101,937 |  | $ | (71,022 | ) | $ | (198,371 | ) | $ | (80,327 | )
Condensed Consolidating Statements of Comprehensive Income/(Loss) For the year ended January 3, 2015 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Net income | $ | 68,311 |  | $ | 155,250 |  | $ | 68,540 |  | $ | (223,790 | ) | $ | 68,311 |
Other comprehensive income (loss), net of tax: |  |  |  |  |
Foreign currency translation | — |  | — |  | (119,684 | ) | — |  | (119,684 | )
Pension adjustments | (11,844 | ) | (34 | ) | (8,503 | ) | — |  | (20,381 | )
Natural gas swap derivative adjustments | (113 | ) | — |  | — |  | — |  | (113 | )
Corn option derivative adjustments | (1,259 | ) | — |  | — |  | — |  | (1,259 | )
Total other comprehensive income, net of tax | (13,216 | ) | (34 | ) | (128,187 | ) | — |  | (141,437 | )
Total comprehensive income (loss) | $ | 55,095 |  | $ | 155,216 |  | $ | (59,647 | ) | $ | (223,790 | ) | $ | (73,126 | )
Comprehensive income attributable to noncontrolling interests | — |  | — |  | 10,296 |  | — |  | 10,296 |
Comprehensive income/(loss) attributable to Darling | $ | 55,095 |  | $ | 155,216 |  | $ | (69,943 | ) | $ | (223,790 | ) | $ | (83,422 | )
Guarantor Financial Information Condensed Consolidating Statements Of Cash Flows | Condensed Consolidating Statements of Cash Flows For the year ended December 31, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Cash flows from operating activities: |  |  |  |  |
Net income | $ | 107,224 |  | $ | 102,699 |  | $ | 120,648 |  | $ | (223,347 | ) | $ | 107,224 |
Earnings in investments in subsidiaries | (223,347 | ) | — |  | — |  | 223,347 |  | — |
Other operating cash flows | 317,040 |  | (100,970 | ) | 67,742 |  | — |  | 283,812 |
Net cash provided/(used) by operating activities | 200,917 |  | 1,729 |  | 188,390 |  | — |  | 391,036 |
Cash flows from investing activities: |  |  |  |  |
Capital expenditures | (51,330 | ) | (91,340 | ) | (100,853 | ) | — |  | (243,523 | )
Acquisitions, net of cash acquired | — |  | — |  | (8,511 | ) | — |  | (8,511 | )
Investment in subsidiaries and affiliates | — |  | (12,754 | ) | — |  | 12,754 |  | — |
Note receivable from affiliates | — |  | 103,056 |  | (103,056 | ) | — |  | — |
Gross proceeds from sale of property, plant and equipment and other assets | 2,784 |  | 1,070 |  | 3,475 |  | — |  | 7,329 |
Proceeds from insurance settlements | — |  | — |  | 1,537 |  | — |  | 1,537 |
Payments related to routes and other intangibles | — |  | — |  | (23 | ) | — |  | (23 | )
Net cash provide/(used) in investing activities | (48,546 | ) | 32 |  | (207,431 | ) | 12,754 |  | (243,191 | )
Cash flows from financing activities: |  |  |  |  |
Proceeds from long-term debt | — |  | — |  | 36,327 |  | — |  | 36,327 |
Payments on long-term debt | (143,935 | ) | — |  | (60,493 | ) | — |  | (204,428 | )
Borrowings from revolving credit facility | 94,000 |  | — |  | 5,276 |  | — |  | 99,276 |
Payments on revolving credit facility | (94,000 | ) | — |  | (10,028 | ) | — |  | (104,028 | )
Net overdraft financing | — |  | — |  | 1,071 |  | — |  | 1,071 |
Deferred loan costs | (3,879 | ) | — |  | — |  | — |  | (3,879 | )
Issuance of common stock | 188 |  | — |  | — |  | — |  | 188 |
Repurchase of treasury stock | (5,000 | ) | — |  | — |  | — |  | (5,000 | )
Contributions from parent | — |  | — |  | 12,754 |  | (12,754 | ) | — |
Minimum withholding taxes paid on stock awards | (1,718 | ) | — |  | (125 | ) | — |  | (1,843 | )
Distributions to noncontrolling interests | — |  | — |  | (1,552 | ) | — |  | (1,552 | )
Net cash provided/(used) in financing activities | (154,344 | ) | — |  | (16,770 | ) | (12,754 | ) | (183,868 | )
Effect of exchange rate changes on cash and cash equivalent | — |  | — |  | (6,297 | ) | — |  | (6,297 | )
Net increase/(decrease) in cash and cash equivalents | (1,973 | ) | 1,761 |  | (42,108 | ) | — |  | (42,320 | )
Cash and cash equivalents at beginning of year | 3,443 |  | 3,993 |  | 149,448 |  | — |  | 156,884 |
Cash and cash equivalents at end of year | $ | 1,470 |  | $ | 5,754 |  | $ | 107,340 |  | $ | — |  | $ | 114,564 |
Condensed Consolidating Statements of Cash Flows For the year ended January 2, 2016 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Cash flows from operating activities: |  |  |  |  |
Net income/(loss) | $ | 85,279 |  | $ | 101,828 |  | $ | 96,543 |  | $ | (198,371 | ) | $ | 85,279 |
Earnings in investments in subsidiaries | (198,371 | ) | — |  | — |  | 198,371 |  | — |
Other operating cash flows | 250,597 |  | (53,098 | ) | 138,181 |  | — |  | 335,680 |
Net cash provided by operating activities | 137,505 |  | 48,730 |  | 234,724 |  | — |  | 420,959 |
Cash flows from investing activities: |  |  |  |  |
Capital expenditures | (46,574 | ) | (91,702 | ) | (91,572 | ) | — |  | (229,848 | )
Acquisitions, net of cash acquired | — |  | — |  | (377 | ) | — |  | (377 | )
Investment in subsidiaries and affiliates | (20 | ) | (45,103 | ) | 29,541 |  | 15,582 |  | — |
Note receivable from affiliates | — |  | 76,019 |  | (76,019 | ) | — |  | — |
Gross proceeds from sale of property, plant and equipment and other assets | 1,035 |  | 1,154 |  | 1,651 |  | — |  | 3,840 |
Proceeds from insurance settlements | 71 |  | 490 |  | — |  | — |  | 561 |
Payments related to routes and other intangibles | — |  | — |  | (3,845 | ) | — |  | (3,845 | )
Net cash provided/(used) in investing activities | (45,488 | ) | (59,142 | ) | (140,621 | ) | 15,582 |  | (229,669 | )
Cash flows from financing activities: |  |  |  |  |
Proceeds from long-term debt | — |  | — |  | 590,745 |  | — |  | 590,745 |
Payments on long-term debt | (16,111 | ) | (55 | ) | (593,089 | ) | — |  | (609,255 | )
Borrowings from revolving credit facility | 25,000 |  | — |  | 53,244 |  | — |  | 78,244 |
Payments on revolving credit facility | (90,000 | ) | — |  | (76,755 | ) | — |  | (166,755 | )
Net overdraft financing | — |  | — |  | (1,261 | ) | — |  | (1,261 | )
Deferred loan costs | (7,295 | ) | — |  | (10,015 | ) | — |  | (17,310 | )
Issuances of common stock | 171 |  | — |  | — |  | — |  | 171 |
Repurchase of treasury stock | (5,912 | ) | — |  | — |  | — |  | (5,912 | )
Contributions from parent | — |  | — |  | 15,582 |  | (15,582 | ) | — |
Minimum withholding taxes paid on stock awards | (4,874 | ) | — |  | — |  | — |  | (4,874 | )
Deductions to noncontrolling interest | — |  | — |  | (87 | ) | — |  | (87 | )
Distributions to noncontrolling interests | — |  | — |  | (3,295 | ) | — |  | (3,295 | )
Net cash provided/(used) in financing activities | (99,021 | ) | (55 | ) | (24,931 | ) | (15,582 | ) | (139,589 | )
Effect of exchange rate changes on cash and cash equivalents | — |  | — |  | (3,601 | ) | — |  | (3,601 | )
Net increase/(decrease) in cash and cash equivalents | (7,004 | ) | (10,467 | ) | 65,571 |  | — |  | 48,100 |
Cash and cash equivalents at beginning of year | 10,447 |  | 14,460 |  | 83,877 |  | — |  | 108,784 |
Cash and cash equivalents at end of year | $ | 3,443 |  | $ | 3,993 |  | $ | 149,448 |  | $ | — |  | $ | 156,884 |
Condensed Consolidating Statements of Cash Flows For the year ended January 3, 2015 (in thousands)
| Parent | Guarantors | Non-guarantors | Eliminations | Consolidated
Cash flows from operating activities: |  |  |  |  |
Net income/(loss) | $ | 68,311 |  | $ | 155,250 |  | $ | 68,540 |  | $ | (223,790 | ) | $ | 68,311 |
Earnings in investments in subsidiaries | (223,790 | ) | — |  | — |  | 223,790 |  | — |
Other operating cash flows | 226,120 |  | (34,238 | ) | 14,979 |  | — |  | 206,861 |
Net cash provided/(used) by operating activities | 70,641 |  | 121,012 |  | 83,519 |  | — |  | 275,172 |
Cash flows from investing activities: |  |  |  |  |
Capital expenditures | (39,248 | ) | (84,299 | ) | (105,371 | ) | — |  | (228,918 | )
Acquisitions, net of cash acquired | — |  | (19,394 | ) | (2,075,006 | ) | — |  | (2,094,400 | )
Investment in subsidiaries and affiliates | (1,483,007 | ) | (1,442,788 | ) | (440,619 | ) | 3,366,414 |  | — |
Note receivable from affiliates | — |  | (204,074 | ) | 204,074 |  | — |  | — |
Gross proceeds from sale of property, plant and equipment and other assets | 1,522 |  | 5,155 |  | 2,585 |  | — |  | 9,262 |
Proceeds from insurance settlements | 1,350 |  | 200 |  | — |  | — |  | 1,550 |
Payments related to routes and other intangibles | (9,640 | ) | — |  | (1,648 | ) | — |  | (11,288 | )
Net cash provided/(used) in investing activities | (1,529,023 | ) | (1,745,200 | ) | (2,415,985 | ) | 3,366,414 |  | (2,323,794 | )
Cash flows from financing activities: |  |  |  |  |
Proceeds from long-term debt | 1,100,000 |  | — |  | 742,184 |  | — |  | 1,842,184 |
Payments on long-term debt | (264,500 | ) | (87 | ) | (69,175 | ) | — |  | (333,762 | )
Borrowing from revolving credit facility | 122,445 |  | — |  | 47,698 |  | — |  | 170,143 |
Payments on revolving credit facility | (297,445 | ) | — |  | (54,144 | ) | — |  | (351,589 | )
Net overdraft financing | — |  | — |  | 4,077 |  | — |  | 4,077 |
Deferred loan costs | (41,748 | ) | — |  | (3,475 | ) | — |  | (45,223 | )
Issuances of common stock | 416 |  | — |  | — |  | — |  | 416 |
Contributions from parent | — |  | 1,632,618 |  | 1,733,796 |  | (3,366,414 | ) | — |
Minimum withholding taxes paid on stock awards | (10,026 | ) | — |  | — |  | — |  | (10,026 | )
Excess tax benefits from stock-based compensation | 2,420 |  | — |  | — |  | — |  | 2,420 |
Addition of noncontrolling interest | — |  | — |  | 1,201 |  | — |  | 1,201 |
Distributions to noncontrolling interests | — |  | — |  | (4,272 | ) | — |  | (4,272 | )
Net cash provided/(used) in financing activities | 611,562 |  | 1,632,531 |  | 2,397,890 |  | (3,366,414 | ) | 1,275,569 |
Effect of exchange rate changes on cash and cash equivalents | — |  | — |  | 10,980 |  | — |  | 10,980 |
Net increase/(decrease) in cash and cash equivalents | (846,820 | ) | 8,343 |  | 76,404 |  | — |  | (762,073 | )
Cash and cash equivalents at beginning of year | 857,267 |  | 6,117 |  | 7,473 |  | — |  | 870,857 |
Cash and cash equivalents at end of year | $ | 10,447 |  | $ | 14,460 |  | $ | 83,877 |  | $ | — |  | $ | 108,784 |

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