XML 68 R53.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Revenue (Tables) | 12 Months Ended
--- | ---
Dec. 29, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of Prospective Adoption of New Accounting Pronouncements | The following table summarizes the impact of adopting Topic 606 on the Company's consolidated financial statements for the year ended December 29, 2018 (in thousands):
| Impact of changes in accounting policies
| As reported |  | Adjustments |  | Balances without adoption of Topic 606
Year Ended December 29, 2018 |  |  |  |  |
Net sales | $ | 3,387,726 |  |  | 177,726 |  |  | $ | 3,565,452 |
Cost of sales and operating expenses | $ | 2,647,083 |  |  | 177,726 |  |  | $ | 2,824,809 |
Disaggregation of Revenue | The following tables presents the Company revenues disaggregated by geographic area and major product types by reportable segment for the years ended December 29, 2018, December 30, 2017 and December 31, 2016 (in thousands):
| Year Ended December 29, 2018
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Total
Geographic Area |  |  |  |
North America | $ | 1,586,930 |  | $ | 181,213 |  | $ | 48,858 |  | $ | 1,817,001 |
Europe | 329,341 |  | 648,933 |  | 247,187 |  | 1,225,461 |
China | 28,288 |  | 182,369 |  | — |  | 210,657 |
South America | — |  | 53,206 |  | — |  | 53,206 |
Other | 7,996 |  | 73,405 |  | — |  | 81,401 |
Net sales | $ | 1,952,555 |  | $ | 1,139,126 |  | $ | 296,045 |  | $ | 3,387,726 |
Major product types |  |  |  |
Fats | $ | 564,790 |  | $ | 163,815 |  | $ | — |  | $ | 728,605 |
Used cooking oil | 166,634 |  | — |  | — |  | 166,634 |
Proteins | 842,878 |  | — |  | — |  | 842,878 |
Bakery | 180,227 |  | — |  | — |  | 180,227 |
Other rendering | 129,273 |  | — |  | — |  | 129,273 |
Food ingredients | — |  | 886,042 |  | — |  | 886,042 |
Bioenergy | — |  | — |  | 247,187 |  | 247,187 |
Biofuels | — |  | — |  | 48,858 |  | 48,858 |
Other | 68,753 |  | 89,269 |  | — |  | 158,022 |
Net sales | $ | 1,952,555 |  | $ | 1,139,126 |  | $ | 296,045 |  | $ | 3,387,726 |
| Year Ended December 30, 2017 (a)
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Total
Geographic Area |  |  |  |
North America | $ | 1,696,081 |  | $ | 193,950 |  | $ | 46,996 |  | $ | 1,937,027 |
Europe | 503,786 |  | 650,177 |  | 218,787 |  | 1,372,750 |
China | 32,103 |  | 177,677 |  | — |  | 209,780 |
South America | — |  | 60,111 |  | — |  | 60,111 |
Other | 7,522 |  | 75,061 |  | — |  | 82,583 |
Net sales | $ | 2,239,492 |  | $ | 1,156,976 |  | $ | 265,783 |  | $ | 3,662,251 |
Major product types |  |  |  |
Fats | $ | 648,328 |  | $ | 183,719 |  | $ | — |  | $ | 832,047 |
Used cooking oil | 185,516 |  | — |  | — |  | 185,516 |
Proteins | 816,060 |  | — |  | — |  | 816,060 |
Bakery | 209,801 |  | — |  | — |  | 209,801 |
Other rendering | 286,183 |  | — |  | — |  | 286,183 |
Food ingredients | — |  | 880,128 |  | — |  | 880,128 |
Bioenergy | — |  | — |  | 218,787 |  | 218,787 |
Biofuels | — |  | — |  | 46,996 |  | 46,996 |
Other | 93,604 |  | 93,129 |  | — |  | 186,733 |
Net sales | $ | 2,239,492 |  | $ | 1,156,976 |  | $ | 265,783 |  | $ | 3,662,251 |
| Year Ended December 31, 2016 (a)
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Total
Geographic Area Revenues |  |  |  |
North America | $ | 1,580,252 |  | $ | 188,506 |  | $ | 48,901 |  | $ | 1,817,659 |
Europe | 467,124 |  | 560,116 |  | 198,157 |  | 1,225,397 |
China | 36,193 |  | 182,287 |  | — |  | 218,480 |
South America | — |  | 55,089 |  | — |  | 55,089 |
Other | 5,576 |  | 69,727 |  | — |  | 75,303 |
Net sales | $ | 2,089,145 |  | $ | 1,055,725 |  | $ | 247,058 |  | $ | 3,391,928 |
Major product types |  |  |  |
Fats | $ | 574,553 |  | $ | 166,167 |  | $ | — |  | $ | 740,720 |
Used cooking oil | 165,061 |  | — |  | — |  | 165,061 |
Proteins | 769,391 |  | — |  | — |  | 769,391 |
Bakery | 220,438 |  | — |  | — |  | 220,438 |
Other rendering | 269,196 |  | — |  | — |  | 269,196 |
Food ingredients | — |  | 826,216 |  | — |  | 826,216 |
Bioenergy | — |  | — |  | 198,157 |  | 198,157 |
Biofuels | — |  | — |  | 48,901 |  | 48,901 |
Other | 90,506 |  | 63,342 |  | — |  | 153,848 |
Net sales | $ | 2,089,145 |  | $ | 1,055,725 |  | $ | 247,058 |  | $ | 3,391,928 |
(a) As noted above prior year amounts have not been adjusted under the modified retrospective method for billed freight of approximately $160.0 million and $149.0 million that is included in net sales for the years ended December 30, 2017 and December 31, 2016, respectively.

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration