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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 104,120 $ 106,774
Restricted cash 142 142
Accounts receivable, net 371,291 391,847
Inventories 370,555 358,183
Prepaid expenses 43,965 38,326
Income taxes refundable 6,977 4,509
Other current assets 21,148 56,664
Total current assets 918,198 956,445
Property, plant and equipment, less accumulated depreciation of $1,147,349 at June 30, 2018 and $1,075,448 at December 30, 2017 1,624,354 1,645,822
Intangible assets, less accumulated amortization of $390,866 at June 30, 2018 and $383,836 at December 30, 2017 610,878 676,500
Goodwill 1,232,964 1,301,093
Investment in unconsolidated subsidiaries 399,097 302,038
Other assets 56,802 62,284
Deferred income taxes 14,623 14,043
Total assets 4,856,916 4,958,225
Current liabilities:    
Current portion of long-term debt 7,466 16,143
Accounts payable, principally trade 185,150 217,417
Income taxes payable 8,975 12,300
Accrued expenses 281,139 313,623
Total current liabilities 482,730 559,483
Long-term debt, net of current portion 1,687,823 1,698,050
Other non-current liabilities 105,649 106,287
Deferred income taxes 242,683 266,708
Total liabilities 2,518,885 2,630,528
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 168,074,119 and 167,892,500 shares issued at June 30, 2018 and at December 30, 2017, respectively 1,681 1,679
Additional paid-in capital 1,530,349 1,515,614
Treasury stock, at cost; 3,420,210 and 3,239,063 shares at June 30, 2018 and at December 30, 2017, respectively (47,403) (44,063)
Accumulated other comprehensive loss (274,118) (209,524)
Retained earnings 1,052,894 981,227
Total Darling's stockholders’ equity 2,263,403 2,244,933
Noncontrolling interests 74,628 82,764
Total stockholders' equity 2,338,031 2,327,697
Total liabilities and stockholders' equity $ 4,856,916 $ 4,958,225