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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Net sales $ 1,757,621 $ 1,650,188 $ 3,548,793 $ 3,016,522
Costs and expenses:        
Cost of sales and operating expenses 1,359,702 1,231,507 2,726,675 2,252,084
Loss/(gain) on sale of assets 259 (1,055) (68) (1,444)
Selling, general and administrative expenses 136,751 107,776 272,217 209,808
Restructuring and asset impairment charges 896 8,557 5,420 8,557
Acquisition and integration costs 1,706 5,358 8,728 9,131
Change in fair value of contingent consideration (7,499) 0 (7,499) 0
Depreciation and amortization 122,086 93,113 238,092 172,359
Total costs and expenses 1,613,901 1,445,256 3,243,565 2,650,495
Equity in net income of Diamond Green Diesel 212,964 73,680 307,301 145,484
Operating income 356,684 278,612 612,529 511,511
Other expense:        
Interest expense (70,193) (24,008) (120,492) (39,611)
Foreign currency gain/(loss) 2,490 (4,412) 7,494 (5,512)
Other income/(expense), net 5,079 (302) 11,238 (1,044)
Total other expense (62,624) (28,722) (101,760) (46,167)
Equity in net income of other unconsolidated subsidiaries 1,849 2,272 1,969 3,632
Income before income taxes 295,909 252,162 512,738 468,976
Income tax expense 40,712 47,333 67,686 73,416
Net income 255,197 204,829 445,052 395,560
Net income attributable to noncontrolling interests (2,814) (2,833) (6,868) (5,511)
Net income attributable to Darling $ 252,383 $ 201,996 $ 438,184 $ 390,049
Basic income per share (in dollars per share) $ 1.58 $ 1.25 $ 2.74 $ 2.41
Diluted income per share (in dollars per share) $ 1.55 $ 1.23 $ 2.69 $ 2.37