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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 69,122 $ 107,262
Restricted cash 159 107
Accounts receivable, net 355,006 385,737
Inventories 353,003 341,028
Prepaid expenses 46,378 35,247
Income taxes refundable 4,952 6,462
Other current assets 25,061 22,099
Total current assets 853,681 897,942
Property, plant and equipment, less accumulated depreciation of $1,370,145 at September 28, 2019 and $1,246,095 at December 29, 2018 1,714,768 1,687,858
Intangible assets, less accumulated amortization of $459,996 at September 28, 2019 and $423,575 at December 29, 2018 537,360 595,862
Goodwill 1,212,313 1,229,159
Investment in unconsolidated subsidiaries 447,689 410,177
Operating right-of-use assets, net 119,063 0
Other assets 46,179 53,375
Deferred income taxes 13,846 14,981
Total assets 4,944,899 4,889,354
Current liabilities:    
Current portion of long-term debt 61,092 7,492
Accounts payable, principally trade 192,010 219,479
Income taxes payable 10,404 4,043
Operating lease liability, current 35,223 0
Accrued expenses 297,164 309,484
Total current liabilities 595,893 540,498
Long-term debt, net of current portion 1,559,809 1,666,940
Operating lease liability, non-current 83,754 0
Other non-current liabilities 113,222 115,032
Deferred income taxes 219,329 231,063
Total liabilities 2,572,007 2,553,533
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 168,433,009 and 168,098,177 shares issued at September 28, 2019 and at December 29, 2018, respectively 1,684 1,681
Additional paid-in capital 1,556,792 1,536,157
Treasury stock, at cost; 4,314,935 and 3,437,579 shares at September 28, 2019 and at December 29, 2018, respectively (64,633) (47,756)
Accumulated other comprehensive loss (342,846) (304,539)
Retained earnings 1,157,496 1,087,505
Total Darling's stockholders’ equity 2,308,493 2,273,048
Noncontrolling interests 64,399 62,773
Total stockholders' equity 2,372,892 2,335,821
Total liabilities and stockholders' equity $ 4,944,899 $ 4,889,354