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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 124,817 $ 114,564
Restricted cash 282 293
Accounts receivable, net 382,957 388,397
Inventories 359,635 330,815
Prepaid expenses 37,750 29,984
Income taxes refundable 6,387 7,479
Other current assets 13,101 21,770
Total current assets 924,929 893,302
Property, plant and equipment, less accumulated depreciation of $957,017 at July 1, 2017 and $842,186 at December 31, 2016 1,584,735 1,515,575
Intangible assets, less accumulated amortization of $339,794 at July 1, 2017 and $301,187 at December 31, 2016 703,182 711,927
Goodwill 1,271,927 1,225,893
Investment in unconsolidated subsidiaries 279,814 292,717
Other assets 48,239 43,613
Deferred income taxes 17,050 14,990
Total assets 4,829,876 4,698,017
Current liabilities:    
Current portion of long-term debt 19,370 23,247
Accounts payable, principally trade 186,458 180,895
Income taxes payable 17,213 4,913
Accrued expenses 265,939 242,796
Total current liabilities 488,980 451,851
Long-term debt, net of current portion 1,727,553 1,727,696
Other non-current liabilities 96,916 96,114
Deferred income taxes 349,221 346,134
Total liabilities 2,662,670 2,621,795
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 167,835,432 and 167,641,415 shares issued at July 1, 2017 and at December 31, 2016, respectively 1,678 1,676
Additional paid-in capital 1,510,689 1,499,431
Treasury stock, at cost; 3,179,671 and 3,028,857 shares at July 1, 2017 and at December 31, 2016, respectively (43,054) (40,909)
Accumulated other comprehensive loss (272,748) (340,006)
Retained earnings 867,737 852,802
Total Darling's stockholders’ equity 2,064,302 1,972,994
Noncontrolling interests 102,904 103,228
Total stockholders' equity 2,167,206 2,076,222
Total liabilities and stockholders' equity $ 4,829,876 $ 4,698,017