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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 95,716 $ 107,262
Restricted cash 107 107
Accounts receivable, net 371,339 385,737
Inventories 339,882 341,028
Prepaid expenses 39,070 35,247
Income taxes refundable 4,102 6,462
Other current assets 20,959 22,099
Total current assets 871,175 897,942
Property, plant and equipment, less accumulated depreciation of $1,281,115 at March 30, 2019 and $1,246,095 at December 29, 2018 1,691,558 1,687,858
Intangible assets, less accumulated amortization of $427,687 at March 30, 2019 and $423,575 at December 29, 2018 579,313 595,862
Goodwill 1,222,382 1,229,159
Investment in unconsolidated subsidiaries 433,381 410,177
Operating right-of-use assets, net 129,721 0
Other assets 53,487 53,375
Deferred income taxes 14,037 14,981
Total assets 4,995,054 4,889,354
Current liabilities:    
Current portion of long-term debt 23,693 7,492
Accounts payable, principally trade 192,511 219,479
Income taxes payable 8,861 4,043
Operating lease liability, current 39,776 0
Accrued expenses 281,331 309,484
Total current liabilities 546,172 540,498
Long-term debt, net of current portion 1,663,763 1,666,940
Operating lease liability, non-current 89,100 0
Other non-current liabilities 113,984 115,032
Deferred income taxes 225,336 231,063
Total liabilities 2,638,355 2,553,533
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 168,409,679 and 168,098,177 shares issued at March 30, 2019 and at December 29, 2018, respectively 1,684 1,681
Additional paid-in capital 1,548,446 1,536,157
Treasury stock, at cost; 3,660,873 and 3,437,579 shares at March 30, 2019 and at December 29, 2018, respectively (52,845) (47,756)
Accumulated other comprehensive loss (312,263) (304,539)
Retained earnings 1,105,517 1,087,505
Total Darling's stockholders’ equity 2,290,539 2,273,048
Noncontrolling interests 66,160 62,773
Total stockholders' equity 2,356,699 2,335,821
Total liabilities and stockholders' equity $ 4,995,054 $ 4,889,354