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Business Segments | 12 Months Ended
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Jan. 01, 2022
Segment Reporting [Abstract] |
BUSINESS SEGMENTS | BUSINESS SEGMENTS The Company sells its products domestically and internationally and operates within three industry segments: Feed Ingredients, Food Ingredients and Fuel Ingredients. The measure of segment profit (loss) includes all revenues, operating expenses (excluding certain amortization of intangibles), and selling, general and administrative expenses incurred at all operating locations and excludes general corporate expenses. Included in corporate activities are general corporate expenses and the amortization of intangibles. Assets of corporate activities include cash, unallocated prepaid expenses, deferred tax assets, prepaid pension, and miscellaneous other assets. Feed Ingredients Feed Ingredients consists principally of (i) the Company's U.S. ingredients business, including the Company's fats and proteins, used cooking oil, trap grease, the Company's Canada ingredients business, and the ingredients and specialty products businesses conducted by Darling Ingredients International under the Sonac name (proteins, fats, and blood products) and (ii) the Company's bakery residuals business. Feed Ingredients operations process animal by-products and used cooking oil into fats, proteins and hides. Food Ingredients Food Ingredients consists principally of (i) the collagen business conducted by Darling Ingredients International under the Rousselot name, (ii) the natural casings and meat-by-products business conducted by Darling Ingredients International under the CTH name and (iii) certain specialty products businesses conducted by Darling Ingredients International under the Sonac name. Fuel Ingredients The Company's Fuel Ingredients segment consists of (i) the Company's investment in the DGD Joint Venture and (ii) the bioenergy business conducted by Darling Ingredients International under the Ecoson and Rendac names. Business Segments (in thousands):
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Fiscal Year Ended January 1, 2022 |  |  |  |  |
Net Sales | $ | 3,039,500 |  | $ | 1,271,629 |  | $ | 430,240 |  | $ | — |  | $ | 4,741,369 |
Cost of sales and operating expenses | 2,206,248 |  | 979,232 |  | 313,905 |  | — |  | 3,499,385 |
Gross Margin | 833,252 |  | 292,397 |  | 116,335 |  | — |  | 1,241,984 |
Gain on sale of assets | (550) |  | (88) |  | (320) |  | — |  | (958) |
Selling, general and administrative expense | 220,078 |  | 97,555 |  | 16,999 |  | 56,906 |  | 391,538 |
Restructuring and asset impairment charges | — |  | — |  | 778 |  | — |  | 778 |
Depreciation and amortization | 218,942 |  | 60,929 |  | 25,436 |  | 11,080 |  | 316,387 |
Acquisition and integration costs | — |  | — |  | — |  | 1,396 |  | 1,396 |
Equity in net income of Diamond Green Diesel | — |  | — |  | 351,627 |  | — |  | 351,627 |
Segment operating income/(loss) | 394,782 |  | 134,001 |  | 425,069 |  | (69,382) |  | 884,470 |
Equity in net income of other unconsolidated subsidiaries | 5,753 |  | — |  | — |  | — |  | 5,753 |
Segment income/(loss) | 400,535 |  | 134,001 |  | 425,069 |  | (69,382) |  | 890,223 |
Total other expense |  |  |  |  | (68,827) |
Income before income taxes |  |  |  |  | $ | 821,396 |
Segment assets at January 1, 2022 | $ | 2,714,528 |  | $ | 1,205,217 |  | $ | 1,658,892 |  | $ | 555,091 |  | $ | 6,133,728 |
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Fiscal Year Ended January 2, 2021 |  |  |  |  |
Net Sales | $ | 2,072,104 |  | $ | 1,185,701 |  | $ | 314,118 |  | $ | — |  | $ | 3,571,923 |
Cost of sales and operating expenses | 1,544,524 |  | 920,682 |  | 223,609 |  | — |  | 2,688,815 |
Gross Margin | 527,580 |  | 265,019 |  | 90,509 |  | — |  | 883,108 |
Loss/(gain) on sale of assets | 19 |  | 482 |  | (75) |  | — |  | 426 |
Selling, general and administrative expense | 209,748 |  | 97,406 |  | 16,014 |  | 55,328 |  | 378,496 |
Restructuring and asset impairment charges | — |  | — |  | 38,167 |  | — |  | 38,167 |
Depreciation and amortization | 221,187 |  | 83,752 |  | 34,218 |  | 11,021 |  | 350,178 |
Equity in net income of Diamond Green Diesel | — |  | — |  | 315,095 |  | — |  | 315,095 |
Segment operating income/(loss) | 96,626 |  | 83,379 |  | 317,280 |  | (66,349) |  | 430,936 |
Equity in net income of other unconsolidated subsidiaries | 3,193 |  | — |  | — |  | — |  | 3,193 |
Segment income/(loss) | 99,819 |  | 83,379 |  | 317,280 |  | (66,349) |  | 434,129 |
Total other expense |  |  |  |  | (80,510) |
Income before income taxes |  |  |  |  | $ | 353,619 |
Segment assets at January 2, 2021 | $ | 2,708,922 |  | $ | 1,335,769 |  | $ | 1,160,132 |  | $ | 408,508 |  | $ | 5,613,331 |
| Feed Ingredients | Food Ingredients | Fuel Ingredients | Corporate | Total
Fiscal Year Ended December 28, 2019 |  |  |  |  |
Net Sales | $ | 1,970,561 |  | $ | 1,119,085 |  | $ | 274,259 |  | $ | — |  | $ | 3,363,905 |
Cost of sales and operating expenses | 1,519,596 |  | 864,618 |  | 204,871 |  | — |  | 2,589,085 |
Gross Margin | 450,965 |  | 254,467 |  | 69,388 |  | — |  | 774,820 |
Loss/(gain) on sale of assets | (7,720) |  | (13,175) |  | 313 |  | — |  | (20,582) |
Selling, general and administrative expense | 200,487 |  | 97,363 |  | 2,762 |  | 57,911 |  | 358,523 |
Depreciation and amortization | 203,456 |  | 79,671 |  | 31,946 |  | 10,437 |  | 325,510 |
Equity in net income of Diamond Green Diesel | — |  | — |  | 364,452 |  | — |  | 364,452 |
Segment operating income/(loss) | 54,742 |  | 90,608 |  | 398,819 |  | (68,348) |  | 475,821 |
Equity in net income of other unconsolidated subsidiaries | 428 |  | — |  | — |  | — |  | 428 |
Segment income/(loss) | 55,170 |  | 90,608 |  | 398,819 |  | (68,348) |  | 476,249 |
Total other expense |  |  |  |  | (95,815) |
Income before income taxes |  |  |  |  | $ | 380,434 |
Business Segment Property, Plant and Equipment (in thousands):
| January 1, 2022 |  | January 2, 2021 |  | December 28, 2019
Capital expenditures: |  |  |  |  |
Feed Ingredients | $ | 187,445 |  |  | $ | 176,530 |  |  | $ | 229,415 |
Food Ingredients | 54,799 |  |  | 68,250 |  |  | 85,501 |
Fuel Ingredients | 26,078 |  |  | 30,638 |  |  | 23,964 |
Corporate Activities | 5,804 |  |  | 4,697 |  |  | 20,618 |
Total (a) | $ | 274,126 |  |  | $ | 280,115 |  |  | $ | 359,498 |
(a) Excludes capital assets acquired by acquisition in fiscal 2020 of approximately $18.4 million. Long-lived assets related to the Company's operations in North America, Europe, China, South American and other were as follows (in thousands):
| FY 2021 | FY 2020
| Long-Lived Assets | Long-Lived Assets
North America | $ | 3,564,765 |  | $ | 3,056,047 |
Europe | 1,259,018 |  | 1,357,070 |
China | 129,767 |  | 127,549 |
South America | 77,758 |  | 74,720 |
Other | 13,406 |  | 10,951 |
Total | $ | 5,044,714 |  | $ | 4,626,337 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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