Correction Prior Period (Notes)

6 Months Ended

Jun. 28, 2014

Accounting Changes and Error Corrections [Abstract]

Correction Prior Period

Immaterial Correction of Prior Period Financial Statements

During the period ended June 28, 2014, the Company determined an immaterial correction was required for the previously-issued financial statements for the three months ended March 29, 2014. The immaterial correction did not impact the Company's operating income, net income, or earnings per share as it only represented a $10.5 million adjustment increasing selling, general and administrative expense and decreasing cost of sales and operating expense; however, the immaterial corrections did impact the segments gross margin calculation.

The Company determined that entities acquired in the VION Acquisition inadvertently included certain selling, general and administrative expenses in cost of sales and operating expenses in the three month period ended March 29, 2014. In addition, the year-to-date business segment presentation reflects certain immaterial reclassifications to the first quarter of fiscal 2014 to conform to the second quarter fiscal 2014 presentation. The following table reflects the impact of the Statement of Operations reclassifications for the three months ended March 29, 2014 as previously reported and as adjusted (in thousands):

As previously reported:
Three Months Ended March 29, 2014	Feed Ingredients			Food Ingredients			Fuel Ingredients			Corporate			Total
Cost of sales and operating expenses	$	446,039		$	235,358		$	74,177		$	(121	)	$	755,453
Selling, general and administrative expense	$	52,376		$	27,795		$	4,815		$	9,943		$	94,929
Adjustments:
Three Months Ended March 29, 2014	Feed Ingredients			Food Ingredients			Fuel Ingredients			Corporate			Total
Cost of sales and operating expenses	$	(3,373	)	$	(5,520	)	$	(1,581	)	$	—		$	(10,474	)
Selling, general and administrative expense	$	3,373		$	5,520		$	1,581		$	—		$	10,474
As adjusted:
Three Months Ended March 29, 2014	Feed Ingredients			Food Ingredients			Fuel Ingredients			Corporate			Total
Cost of sales and operating expenses	$	442,666		$	229,838		$	72,596		$	(121	)	$	744,979
Selling, general and administrative expense	$	55,749		$	33,315		$	6,396		$	9,943		$	105,403