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v3.19.2

Business Segments (Tables) | 6 Months Ended
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Jun. 29, 2019
Segment Reporting [Abstract] |
Business Segments |
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Three Months Ended June 29, 2019 |  |  |  |  |
Net Sales | $ | 487,447 |  | $ | 274,835 |  | $ | 65,042 |  | $ | — |  | $ | 827,324 |
Cost of sales and operating expenses | 376,955 |  | 214,444 |  | 53,317 |  | — |  | 644,716 |
Gross Margin | 110,492 |  | 60,391 |  | 11,725 |  | — |  | 182,608 |
Gain on sale of assets | (524 | ) | (13,379 | ) | (23 | ) | — |  | (13,926 | )
Selling, general and administrative expenses | 46,465 |  | 23,431 |  | 425 |  | 10,696 |  | 81,017 |
Depreciation and amortization | 48,720 |  | 19,861 |  | 8,362 |  | 2,543 |  | 79,486 |
Segment operating income/(loss) | 15,831 |  | 30,478 |  | 2,961 |  | (13,239 | ) | 36,031 |
Equity in net income of unconsolidated subsidiaries | 82 |  | — |  | 38,093 |  | — |  | 38,175 |
Segment income/(loss) | 15,913 |  | 30,478 |  | 41,054 |  | (13,239 | ) | 74,206 |
Total other expense |  |  |  |  | (35,386 | )
Income before income taxes |  |  |  |  | $ | 38,820 |
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Three Months Ended June 30, 2018 |  |  |  |  |
Net Sales | $ | 498,823 |  | $ | 276,729 |  | $ | 71,094 |  | $ | — |  | $ | 846,646 |
Cost of sales and operating expenses | 370,007 |  | 224,892 |  | 57,340 |  | — |  | 652,239 |
Gross Margin | 128,816 |  | 51,837 |  | 13,754 |  | — |  | 194,407 |
Loss (gain) on sale of assets | 782 |  | (57 | ) | 37 |  | — |  | 762 |
Selling, general and administrative expenses | 43,947 |  | 22,190 |  | 164 |  | 12,257 |  | 78,558 |
Restructuring and impairment charges | — |  | 14,965 |  | — |  | — |  | 14,965 |
Depreciation and amortization | 46,823 |  | 20,388 |  | 8,537 |  | 2,706 |  | 78,454 |
Segment operating income/(loss) | 37,264 |  | (5,649 | ) | 5,016 |  | (14,963 | ) | 21,668 |
Equity in net income of unconsolidated subsidiaries | 150 |  | — |  | 15,086 |  | — |  | 15,236 |
Segment income/(loss) | 37,414 |  | (5,649 | ) | 20,102 |  | (14,963 | ) | 36,904 |
Total other expense |  |  |  |  | (64,359 | )
Loss before income taxes |  |  |  |  | $ | (27,455 | )
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Six Months Ended June 29, 2019 |  |  |  |  |
Net Sales | $ | 983,266 |  | $ | 553,999 |  | $ | 125,163 |  | $ | — |  | $ | 1,662,428 |
Cost of sales and operating expenses | 763,814 |  | 428,448 |  | 103,367 |  | — |  | 1,295,629 |
Gross Margin | 219,452 |  | 125,551 |  | 21,796 |  | — |  | 366,799 |
Loss (gain) on sale of assets | (4,914 | ) | (13,265 | ) | 3 |  | — |  | (18,176 | )
Selling, general and administrative expense | 95,296 |  | 45,318 |  | (329 | ) | 25,735 |  | 166,020 |
Depreciation and amortization | 98,089 |  | 39,372 |  | 16,160 |  | 5,029 |  | 158,650 |
Segment operating income/(loss) | 30,981 |  | 54,126 |  | 5,962 |  | (30,764 | ) | 60,305 |
Equity in net income/(loss) of unconsolidated subsidiaries | (422 | ) | — |  | 62,370 |  | — |  | 61,948 |
Segment income/(loss) | 30,559 |  | 54,126 |  | 68,332 |  | (30,764 | ) | 122,253 |
Total other expense |  |  |  |  | (58,519 | )
Income before income taxes |  |  |  |  | $ | 63,734 |
Segment assets at June 29, 2019 | $ | 2,601,181 |  | $ | 1,372,184 |  | $ | 813,368 |  | $ | 249,863 |  | $ | 5,036,596 |
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Six Months Ended June 30, 2018 |  |  |  |  |
Net Sales | $ | 984,621 |  | $ | 582,249 |  | $ | 155,150 |  | $ | — |  | $ | 1,722,020 |
Cost of sales and operating expenses | 739,456 |  | 474,233 |  | 117,111 |  | — |  | 1,330,800 |
Gross Margin | 245,165 |  | 108,016 |  | 38,039 |  | — |  | 391,220 |
Loss (gain) on sale of assets | 420 |  | (212 | ) | 92 |  | — |  | 300 |
Selling, general and administrative expense | 92,212 |  | 46,051 |  | (1,234 | ) | 28,431 |  | 165,460 |
Restructuring and impairment charges | — |  | 14,965 |  | — |  | — |  | 14,965 |
Depreciation and amortization | 93,612 |  | 41,028 |  | 17,008 |  | 5,425 |  | 157,073 |
Segment operating income/(loss) | 58,921 |  | 6,184 |  | 22,173 |  | (33,856 | ) | 53,422 |
Equity in net income of unconsolidated subsidiaries | 105 |  | — |  | 112,285 |  | — |  | 112,390 |
Segment income/(loss) | 59,026 |  | 6,184 |  | 134,458 |  | (33,856 | ) | 165,812 |
Total other expense |  |  |  |  | (91,480 | )
Income before income taxes |  |  |  |  | $ | 74,332 |
Segment assets at December 29, 2018 | $ | 2,566,106 |  | $ | 1,401,291 |  | $ | 761,817 |  | $ | 160,140 |  | $ | 4,889,354 |

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