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Revenue (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of impact of adopting Topic 606

The following table summarizes the impact of adopting Topic 606 on the Company's consolidated financial statements for the three months ended March 31, 2018 (in thousands):

	Impact of changes in accounting policies
	As reported				Adjustments			Balances without adoption of Topic 606
Net sales	$	875,374			46,187			$	921,561
Cost of sales and operating expenses	$	678,099			46,187			$	724,286

Disaggregation of Revenue

The following table presents the Company revenues disaggregated by geographic area and major product types by reportable segment for the three months ended March 31, 2018 and April 1, 2017 (in thousands):

	Three Months Ended March 31, 2018
	Feed Ingredients			Food Ingredients			Fuel Ingredients			Total
Geographic Area
North America	$	390,376		$	44,277		$	21,540		$	456,193
Europe	87,790			183,639			62,516			333,945
China	5,678			43,912			—			49,590
South America	—			14,344			—			14,344
Other	1,954			19,348			—			21,302
Net sales	$	485,798		$	305,520		$	84,056		$	875,374
Major product types
Fats	$	143,552		$	44,819		$	—		$	188,371
Used cooking oil	36,608			—			—			36,608
Proteins	203,395			—			—			203,395
Bakery	46,751			—			—			46,751
Other rendering	31,362			—			—			31,362
Food ingredients	—			233,923			—			233,923
Bioenergy	—			—			62,516			62,516
Biofuels	—			—			21,540			21,540
Other	24,130			26,778			—			50,908
Net sales	$	485,798		$	305,520		$	84,056		$	875,374

	Three Months Ended April 1, 2017 (a)
	Feed Ingredients			Food Ingredients			Fuel Ingredients			Total
Geographic Area Revenues
North America	$	422,935		$	45,725		$	8,083		$	476,743
Europe	122,927			149,701			51,577			324,205
China	4,734			41,660			—			46,394
South America	—			12,974			—			12,974
Other	2,028			16,166			—			18,194
Net sales	$	552,624		$	266,226		$	59,660		$	878,510
Major product types
Fats	$	158,005		$	40,893		$	—		$	198,898
Used cooking oil	44,046			—			—			44,046
Proteins	198,151			—			—			198,151
Bakery	56,097			—			—			56,097
Other rendering	73,600			—			—			73,600
Food ingredients	—			206,279			—			206,279
Bioenergy	—			—			51,577			51,577
Biofuels	—			—			8,083			8,083
Other	22,725			19,054			—			41,779
Net sales	$	552,624		$	266,226		$	59,660		$	878,510

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130545-203045

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- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
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-Section 50
-Paragraph 1
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305

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