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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 122,869 $ 106,774
Restricted cash 142 142
Accounts receivable, net 413,659 391,847
Inventories 373,121 358,183
Prepaid expenses 40,707 38,326
Income taxes refundable 4,694 4,509
Other current assets 15,888 56,664
Total current assets 971,080 956,445
Property, plant and equipment, less accumulated depreciation of $1,133,063 at March 31, 2018 and $1,075,448 at December 30, 2017 1,657,609 1,645,822
Intangible assets, less accumulated amortization of $399,331 at March 31, 2018 and $383,836 at December 30, 2017 659,855 676,500
Goodwill 1,309,608 1,301,093
Investment in unconsolidated subsidiaries 409,135 302,038
Other assets 63,037 62,284
Deferred income taxes 15,186 14,043
Total assets 5,085,510 4,958,225
Current liabilities:    
Current portion of long-term debt 16,722 16,143
Accounts payable, principally trade 188,048 217,417
Income taxes payable 11,290 12,300
Accrued expenses 290,809 313,623
Total current liabilities 506,869 559,483
Long-term debt, net of current portion 1,764,423 1,698,050
Other non-current liabilities 106,603 106,287
Deferred income taxes 268,376 266,708
Total liabilities 2,646,271 2,630,528
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 168,046,483 and 167,892,500 shares issued at March 31, 2018 and at December 30, 2017, respectively 1,680 1,679
Additional paid-in capital 1,525,836 1,515,614
Treasury stock, at cost; 3,398,821 and 3,239,063 shares at March 31, 2018 and at December 30, 2017, respectively (47,025) (44,063)
Accumulated other comprehensive loss (198,444) (209,524)
Retained earnings 1,083,314 981,227
Total Darling's stockholders’ equity 2,365,361 2,244,933
Noncontrolling interests 73,878 82,764
Total stockholders' equity 2,439,239 2,327,697
Total liabilities and stockholders' equity $ 5,085,510 $ 4,958,225