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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jul. 02, 2022
Accounting Policies [Abstract] |
Net Income per Common Share | Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period. Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method.
| Net Income per Common Share (in thousands, except per share data)
| Three Months Ended
|  |  | July 2, 2022 |  |  |  |  |  | July 3, 2021 |  |
| Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
Basic: |  |  |  |  |  |  |  |  |  |  |
Net Income attributable to Darling | $ | 201,996 |  |  | 161,632 |  |  | $ | 1.25 |  |  | $ | 196,582 |  |  | 163,023 |  |  | $ | 1.21 |
Diluted: |  |  |  |  |  |  |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Add: Option shares in the money and dilutive effect of non-vested stock awards |  |  | 3,781 |  |  |  |  |  |  | 5,402 |  |  |
Less: Pro forma treasury shares |  |  | (668) |  |  |  |  |  |  | (828) |  |  |
Diluted: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Darling | $ | 201,996 |  |  | 164,745 |  |  | $ | 1.23 |  |  | $ | 196,582 |  |  | 167,597 |  |  | $ | 1.17 |
| Net Income per Common Share (in thousands, except per share data)
| Six Months Ended
|  |  | July 2, 2022 |  |  |  |  |  | July 3, 2021 |  |
| Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
Basic: |  |  |  |  |  |  |  |  |  |  |
Net Income attributable to Darling | $ | 390,049 |  |  | 161,514 |  |  | $ | 2.41 |  |  | $ | 348,348 |  |  | 162,974 |  |  | $ | 2.14 |
Diluted: |  |  |  |  |  |  |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Add: Option shares in the money and dilutive effect of non-vested stock awards |  |  | 3,879 |  |  |  |  |  |  | 5,567 |  |  |
Less: Pro forma treasury shares |  |  | (720) |  |  |  |  |  |  | (868) |  |  |
Diluted: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Darling | $ | 390,049 |  |  | 164,673 |  |  | $ | 2.37 |  |  | $ | 348,348 |  |  | 167,673 |  |  | $ | 2.08 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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