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Other Comprehensive Income (Tables) | 6 Months Ended
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Jun. 29, 2019
Equity [Abstract] |
Schedule of Comprehensive Income (Loss) | The components of other comprehensive income (loss) and the related tax impacts for the three and six months ended June 29, 2019 and June 30, 2018 are as follows (in thousands):
| Three Months Ended
| Before-Tax | Tax (Expense) | Net-of-Tax
| Amount | or Benefit | Amount
| June 29, 2019 | June 30, 2018 | June 29, 2019 | June 30, 2018 | June 29, 2019 | June 30, 2018
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service cost/(benefit) | $ | 9 |  | $ | 8 |  | $ | (2 | ) | $ | (1 | ) | $ | 7 |  | $ | 7 |
Amortization of actuarial loss | 1,147 |  | 888 |  | (295 | ) | (229 | ) | 852 |  | 659 |
Total defined benefit pension plans | 1,156 |  | 896 |  | (297 | ) | (230 | ) | 859 |  | 666 |
Natural gas swap derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | — |  | — |  | — |  | 1 |  | — |  | 1 |
Gain/(loss) activity recognized in other comprehensive income/(loss) | — |  | (1 | ) | — |  | — |  | — |  | (1 | )
Total natural gas swap derivatives | — |  | (1 | ) | — |  | 1 |  | — |  | — |
Corn option derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | (37 | ) | (323 | ) | 10 |  | 84 |  | (27 | ) | (239 | )
Gain/(loss) activity recognized in other comprehensive income/(loss) | 67 |  | 925 |  | (18 | ) | (239 | ) | 49 |  | 686 |
Total corn option derivatives | 30 |  | 602 |  | (8 | ) | (155 | ) | 22 |  | 447 |
Heating oil derivatives |  |  |  |  |  |
Gain/(loss) activity recognized in other comprehensive income/(loss) | 2,874 |  | — |  | (741 | ) | — |  | 2,133 |  | — |
Total heating oil derivatives | 2,874 |  | — |  | (741 | ) | — |  | 2,133 |  | — |
Foreign exchange derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | 287 |  | — |  | (111 | ) | — |  | 176 |  | — |
Gain/(loss) activity recognized in other comprehensive income/(loss) | 1,854 |  | — |  | (579 | ) | — |  | 1,275 |  | — |
Total foreign exchange derivatives | 2,141 |  | — |  | (690 | ) | — |  | 1,451 |  | — |
Foreign currency translation | 16,652 |  | (77,953 | ) | (326 | ) | 1,116 |  | 16,326 |  | (76,837 | )
Other comprehensive income/(loss) | $ | 22,853 |  | $ | (76,456 | ) | $ | (2,062 | ) | $ | 732 |  | $ | 20,791 |  | $ | (75,724 | )
| Six Months Ended
| Before-Tax | Tax (Expense) | Net-of-Tax
| Amount | or Benefit | Amount
| June 29, 2019 | June 30, 2018 | June 29, 2019 | June 30, 2018 | June 29, 2019 | June 30, 2018
Defined benefit pension plans |  |  |  |  |  |
Amortization of prior service cost/(benefit) | $ | 18 |  | $ | 17 |  | $ | (5 | ) | $ | (4 | ) | $ | 13 |  | $ | 13 |
Amortization of actuarial loss | 2,293 |  | 1,776 |  | (589 | ) | (456 | ) | 1,704 |  | 1,320 |
Total defined benefit pension plans | 2,311 |  | 1,793 |  | (594 | ) | (460 | ) | 1,717 |  | 1,333 |
Natural gas swap derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | — |  | 14 |  | — |  | (3 | ) | — |  | 11 |
Gain/(loss) activity recognized in other comprehensive income/(loss) | — |  | 15 |  | — |  | (4 | ) | — |  | 11 |
Total natural gas swap derivatives | — |  | 29 |  | — |  | (7 | ) | — |  | 22 |
Corn option derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | (37 | ) | (991 | ) | 10 |  | 257 |  | (27 | ) | (734 | )
Gain/(loss) activity recognized in other comprehensive income/(loss) | 67 |  | (572 | ) | (18 | ) | 148 |  | 49 |  | (424 | )
Total corn option derivatives | 30 |  | (1,563 | ) | (8 | ) | 405 |  | 22 |  | (1,158 | )
Heating oil derivatives |  |  |  |  |  |
Gain/(loss) activity recognized in other comprehensive income/(loss) | 2,874 |  | — |  | (741 | ) | — |  | 2,133 |  | — |
Total heating oil derivatives | 2,874 |  | — |  | (741 | ) | — |  | 2,133 |  | — |
Foreign exchange derivatives |  |  |  |  |  |
Loss/(gain) reclassified to net income | 287 |  | — |  | (111 | ) | — |  | 176 |  | — |
Gain/(loss) activity recognized in other comprehensive income/(loss) | (1,080 | ) | — |  | 418 |  | — |  | (662 | ) | — |
Total foreign exchange derivatives | (793 | ) | — |  | 307 |  | — |  | (486 | ) | — |
Foreign currency translation | 11,259 |  | (60,658 | ) | 181 |  | 1,116 |  | 11,440 |  | (59,542 | )
Other comprehensive income/(loss) | $ | 15,681 |  | $ | (60,399 | ) | $ | (855 | ) | $ | 1,054 |  | $ | 14,826 |  | $ | (59,345 | )
Reclassification out of Accumulated Other Comprehensive Income (Loss) | The following table presents the amounts reclassified out of each component of other comprehensive income (loss), net of tax for the three and six months ended June 29, 2019 and June 30, 2018 as follows (in thousands):
| Three Months Ended | Six Months Ended |
| June 29, 2019 | June 30, 2018 | June 29, 2019 | June 30, 2018 | Statement of Operations Classification
Derivative instruments |  |  |  |  |
Foreign exchange contracts | $ | (287 | ) | $ | — |  | $ | (287 | ) | $ | — |  | Net sales
Natural gas swap derivatives | — |  | — |  | — |  | (14 | ) | Cost of sales and operating expenses
Corn option derivatives | 37 |  | 323 |  | 37 |  | 991 |  | Cost of sales and operating expenses
| (250 | ) | 323 |  | (250 | ) | 977 |  | Total before tax
| 101 |  | (84 | ) | 101 |  | (254 | ) | Income taxes
| (149 | ) | 239 |  | (149 | ) | 723 |  | Net of tax
Defined benefit pension plans |  |  |  |  |
Amortization of prior service cost | $ | (9 | ) | $ | (8 | ) | $ | (18 | ) | $ | (17 | ) | (a)
Amortization of actuarial loss | (1,147 | ) | (888 | ) | (2,293 | ) | (1,776 | ) | (a)
| (1,156 | ) | (896 | ) | (2,311 | ) | (1,793 | ) | Total before tax
| 297 |  | 230 |  | 594 |  | 460 |  | Income taxes
| (859 | ) | (666 | ) | (1,717 | ) | (1,333 | ) | Net of tax
Total reclassifications | $ | (1,008 | ) | $ | (427 | ) | $ | (1,866 | ) | $ | (610 | ) | Net of tax
(a) These items are included in the computation of net periodic pension cost. See Note 14 Employee Benefit Plans for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in each component of accumulated other comprehensive income/(loss) as of June 29, 2019 as follows (in thousands):
|  | Six Months Ended June 29, 2019
|  | Foreign Currency | Derivative | Defined Benefit |
|  | Translation | Instruments | Pension Plans | Total
Accumulated Other Comprehensive Income/(loss) December 29, 2018, attributable to Darling, net of tax |  | $ | (270,081 | ) | $ | 1,081 |  | $ | (35,539 | ) | $ | (304,539 | )
Other comprehensive gain/(loss) before reclassifications |  | 11,440 |  | 1,520 |  | — |  | 12,960 |
Amounts reclassified from accumulated other comprehensive income/(loss) |  | — |  | 149 |  | 1,717 |  | 1,866 |
Net current-period other comprehensive income/(loss) |  | 11,440 |  | 1,669 |  | 1,717 |  | 14,826 |
Noncontrolling interest |  | 288 |  | — |  | — |  | 288 |
Accumulated Other Comprehensive Income/(loss) June 29, 2019, attributable to Darling, net of tax |  | (258,929 | ) | $ | 2,750 |  | $ | (33,822 | ) | $ | (290,001 | )

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580 + Details
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