XML 65 R50.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Comprehensive Income (Tables) | 12 Months Ended
--- | ---
Dec. 30, 2023
Comprehensive Income [Abstract] |
Schedule of Comprehensive Income (Loss) | The components of other comprehensive income/(loss) and the related tax impacts for the years ended December 30, 2023, December 31, 2022 and January 1, 2022 are as follows (in thousands):
| Before-Tax |  | Tax (Expense) |  | Net-of-Tax
| Amount |  | or Benefit |  | Amount
Year Ended January 1, 2022 |  |  |  |  |
Defined Benefit Pension Plans |  |  |  |  |
Actuarial gain/(loss) recognized | $ | 12,415 |  |  | $ | (3,185) |  |  | $ | 9,230 |
Amortization of actuarial gain/(loss) | 4,228 |  |  | (978) |  |  | 3,250 |
Amortization of prior service costs | 25 |  |  | (3) |  |  | 22 |
Amortization of settlement | 210 |  |  | (27) |  |  | 183 |
Other | (16) |  |  | — |  |  | (16) |
Total defined benefit pension plans | 16,862 |  |  | (4,193) |  |  | 12,669 |
Soybean meal option derivatives |  |  |  |  |
Reclassified to earnings | (274) |  |  | 70 |  |  | (204) |
Activity recognized in other comprehensive income (loss) | 85 |  |  | (22) |  |  | 63 |
Total soybean meal derivatives | (189) |  |  | 48 |  |  | (141) |
Heating oil swap derivatives |  |  |  |  |
Activity recognized in other comprehensive income (loss) | 1,199 |  |  | (305) |  |  | 894 |
Total heating oil derivatives | 1,199 |  |  | (305) |  |  | 894 |
Corn option derivatives |  |  |  |  |
Reclassified to earnings | 17,005 |  |  | (4,319) |  |  | 12,686 |
Activity recognized in other comprehensive income (loss) | (14,541) |  |  | 3,693 |  |  | (10,848) |
Total corn options | 2,464 |  |  | (626) |  |  | 1,838 |
Foreign exchange derivatives |  |  |  |  |
Reclassified to earnings | (2,333) |  |  | 826 |  |  | (1,507) |
Activity recognized in other comprehensive income (loss) | (6,694) |  |  | 2,368 |  |  | (4,326) |
Total foreign exchange derivatives | (9,027) |  |  | 3,194 |  |  | (5,833) |
Foreign currency translation | (77,287) |  |  | 3,068 |  |  | (74,219) |
Other comprehensive income/(loss) | $ | (65,978) |  |  | $ | 1,186 |  |  | $ | (64,792) |
Year Ended December 31, 2022 |  |  |  |  |
Defined Benefit Pension Plans |  |  |  |  |
Actuarial gain/(loss) recognized | $ | 9,884 |  |  | $ | (2,645) |  |  | $ | 7,239 |
Amortization of actuarial gain/(loss) | 2,235 |  |  | (584) |  |  | 1,651 |
Amortization of prior service costs | 22 |  |  | (5) |  |  | 17 |
Amortization of settlement | (22) |  |  | 5 |  |  | (17) |
Special termination benefits recognized | 38 |  |  | (10) |  |  | 28 |
Other | 48 |  |  | — |  |  | 48 |
Total defined benefit pension plans | 12,205 |  |  | (3,239) |  |  | 8,966 |
Soybean meal option derivatives |  |  |  |  |
Reclassified to earnings | (521) |  |  | 132 |  |  | (389) |
Activity recognized in other comprehensive income (loss) | 975 |  |  | (247) |  |  | 728 |
Total soybean meal derivatives | 454 |  |  | (115) |  |  | 339 |
Heating oil swap derivatives |  |  |  |  |
Activity recognized in other comprehensive income (loss) | (3,294) |  |  | 836 |  |  | (2,458) |
Total heating oil derivatives | (3,294) |  |  | 836 |  |  | (2,458) |
Corn option derivatives |  |  |  |  |
Reclassified to earnings | 15,408 |  |  | (3,914) |  |  | 11,494 |
Activity recognized in other comprehensive income (loss) | (10,653) |  |  | 2,706 |  |  | (7,947) |
Total corn options | 4,755 |  |  | (1,208) |  |  | 3,547 |
Foreign exchange derivatives |  |  |  |  |
Reclassified to earnings | (14,549) |  |  | 4,737 |  |  | (9,812) |
Activity recognized in other comprehensive income (loss) | 32,644 |  |  | (10,628) |  |  | 22,016 |
Total foreign exchange derivatives | 18,095 |  |  | (5,891) |  |  | 12,204 |
Foreign currency translation | (89,686) |  |  | 1,830 |  |  | (87,856) |
Other comprehensive income/(loss) | $ | (57,471) |  |  | $ | (7,787) |  |  | $ | (65,258) |
Year Ended December 30, 2023 |  |  |  |  |
Defined Benefit Pension Plans |  |  |  |  |
Actuarial gain/(loss) recognized | $ | 1,669 |  |  | $ | (650) |  |  | $ | 1,019 |
Amortization of actuarial gain/(loss) | 1,725 |  |  | (427) |  |  | 1,298 |
Amortization of prior service costs | (1) |  |  | — |  |  | (1) |
Amortization of settlement | (58) |  |  | 14 |  |  | (44) |
Other | 12 |  |  | — |  |  | 12 |
Total defined benefit pension plans | 3,347 |  |  | (1,063) |  |  | 2,284 |
Soybean meal option derivatives |  |  |  |  |
Reclassified to earnings | (627) |  |  | 159 |  |  | (468) |
Activity recognized in other comprehensive income (loss) | (3) |  |  | 1 |  |  | (2) |
Total soybean meal derivatives | (630) |  |  | 160 |  |  | (470) |
Heating oil swap derivatives |  |  |  |  |
Activity recognized in other comprehensive income (loss) | 45,268 |  |  | (11,053) |  |  | 34,215 |
Total heating oil derivatives | 45,268 |  |  | (11,053) |  |  | 34,215 |
Corn option derivatives |  |  |  |  |
Reclassified to earnings | (1,537) |  |  | 390 |  |  | (1,147) |
Activity recognized in other comprehensive income (loss) | 1,627 |  |  | (412) |  |  | 1,215 |
Total corn options | 90 |  |  | (22) |  |  | 68 |
Interest swap derivatives |  |  |  |  |
Reclassified to earnings | (1,843) |  |  | 448 |  |  | (1,395) |
Activity recognized in other comprehensive income (loss) | 5,818 |  |  | (1,414) |  |  | 4,404 |
Total interest swap derivatives | 3,975 |  |  | (966) |  |  | 3,009 |
Foreign exchange derivatives |  |  |  |  |
Reclassified to earnings | (34,491) |  |  | 11,822 |  |  | (22,669) |
Activity recognized in other comprehensive income (loss) | 40,170 |  |  | (13,769) |  |  | 26,401 |
Total foreign exchange derivatives | 5,679 |  |  | (1,947) |  |  | 3,732 |
Foreign currency translation | 140,618 |  |  | (967) |  |  | 139,651 |
Other comprehensive income/(loss) | $ | 198,347 |  |  | $ | (15,858) |  |  | $ | 182,489 |
Reclassification out of Accumulated Other Comprehensive Income |
| Fiscal Year Ended |
| December 30, 2023 | December 31, 2022 | January 1, 2022 | Statement of Operations Classification
Derivative instruments |  |  |  |
Soybean meal option derivatives | $ | 627 |  | $ | 521 |  | $ | 274 |  | Net sales
Foreign Exchange derivatives | 34,491 |  | 14,549 |  | 2,333 |  | Net sales
Corn option derivatives | 1,537 |  | (15,408) |  | (17,005) |  | Cost of sales and operating expenses
Interest rate swap derivatives | 1,843 |  | — |  | — |  | Foreign currency gain/(loss) and interest expense
| 38,498 |  | (338) |  | (14,398) |  | Total before tax
| (12,819) |  | (955) |  | 3,423 |  | Income taxes
| 25,679 |  | (1,293) |  | (10,975) |  | Net of tax
Defined benefit pension plans |  |  |  |
Amortization of prior service cost | $ | 1 |  | $ | (22) |  | $ | (25) |  | (a)
Amortization of actuarial loss | (1,725) |  | (2,235) |  | (4,228) |  | (a)
Amortization of settlement | 58 |  | 22 |  | (210) |  | (a)
Special termination benefits recognized | — |  | (38) |  | — |  | (a)
| (1,666) |  | (2,273) |  | (4,463) |  | Total before tax
| 413 |  | 594 |  | 1,008 |  | Income taxes
| (1,253) |  | (1,679) |  | (3,455) |  | Net of tax
Total reclassifications | $ | 24,426 |  | $ | (2,972) |  | $ | (14,430) |  | Net of tax
(a)These items are included in the computation of net periodic pension cost. See Note 15 Employee Benefit Plans for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in each component of accumulated comprehensive loss as of December 30, 2023 as follows (in thousands):
|  | Fiscal Year Ended December 30, 2023
|  | Foreign Currency | Derivative | Defined Benefit |
|  | Translation | Instruments | Pension Plans | Total
Accumulated Other Comprehensive income/(loss) December 31, 2022, attributable to Darling, net of tax |  | $ | (374,368) |  | $ | 7,176 |  | $ | (16,682) |  | $ | (383,874) |
Other comprehensive income before reclassifications |  | 139,651 |  | 66,233 |  | 1,031 |  | 206,915 |
Amounts reclassified from accumulated other comprehensive income/(loss) |  | — |  | (25,679) |  | 1,253 |  | (24,426) |
Net current-period other comprehensive income/(loss) |  | 139,651 |  | 40,554 |  | 2,284 |  | 182,489 |
Noncontrolling interest |  | (3,039) |  | — |  | — |  | (3,039) |
Accumulated Other Comprehensive income/(loss) December 30, 2023, attributable to Darling, net of tax |  | $ | (231,678) |  | $ | 47,730 |  | $ | (14,398) |  | $ | (198,346) |

X
- Definition Note 11. Comprehensive Income [Abstract] + References No definition available. + Details
Name: | dar_ComprehensiveIncomeAbstract
Namespace Prefix: | dar_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration