Business Segments (Tables)

9 Months Ended

Sep. 27, 2014

Segment Reporting [Abstract]

Business Segments

Business Segments (in thousands):

	Feed Ingredients		Food Ingredients		Fuel Ingredients			Corporate			Total
Three Months Ended September 27, 2014
Net Sales	$	583,408	$	301,398	$	70,994		$	—		$	955,800
Cost of sales and operating expenses	446,495		226,604		52,041			30			725,170
Gross Margin	136,913		74,794		18,953			(30		)	230,630
Selling, general and administrative expense	52,943		42,244		7,259			8,757			111,203
Acquisition costs	—		—		—			2,191			2,191
Depreciation and amortization	37,720		18,503		8,780			2,308			67,311
Segment operating income/ (loss)	46,250		14,047		2,914			(13,286		)	49,925
Equity in net income of unconsolidated subsidiaries	426		—		(1,481		)	—			(1,055		)
Segment income	46,676		14,047		1,433			(13,286		)	48,870
Total other expense											(21,780		)
Income before income taxes											$	27,090

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Three Months Ended September 28, 2013
Net Sales	$	423,661	$	—	$	2,125	$	—		$	425,786
Cost of sales and operating expenses	308,326		—		1,672		91			310,089
Gross Margin	115,335		—		453		(91		)	115,697
Selling, general and administrative expense	35,178		—		60		7,350			42,588
Acquisition costs	—		—		—		8,326			8,326
Depreciation and amortization	21,324		—		34		1,773			23,131
Segment operating income/ (loss)	58,833		—		359		(17,540		)	41,652
Equity in net income of unconsolidated subsidiaries	—		—		11,953		—			11,953
Segment income	58,833		—		12,312		(17,540		)	53,605
Total other expense										(8,581		)
Income before income taxes										$	45,024

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Nine Months Ended September 27, 2014
Net Sales	$	1,753,095	$	926,222	$	214,877	$	—		$	2,894,194
Cost of sales and operating expenses	1,315,692		738,752		163,671		—			2,218,115
Gross Margin	437,403		187,470		51,206		—			676,079
Selling, general and administrative expense	163,110		118,681		18,392		28,268			328,451
Acquisition costs	—		—		—		22,304			22,304
Depreciation and amortization	116,145		55,572		21,976		6,785			200,478
Segment operating income/ (loss)	158,148		13,217		10,838		(57,357		)	124,846
Equity in net income of unconsolidated subsidiaries	1,390		—		4,672		—			6,062
Segment income	159,538		13,217		15,510		(57,357		)	130,908
Total other expense										(123,036		)
Income/ (loss) before income taxes										$	7,872
Segment assets at September 27, 2014	$	2,754,492	$	1,798,152	$	661,417	$	163,795		$	5,377,856

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Nine Months Ended September 28, 2013
Net Sales	$	1,288,809	$	—	$	5,992	$	—		$	1,294,801
Cost of sales and operating expenses	937,985		—		4,712		—			942,697
Gross Margin	350,824		—		1,280		—			352,104
Selling, general and administrative expense	102,372		—		251		22,220			124,843
Acquisition costs	—		—		—		9,157			9,157
Depreciation and amortization	63,497		—		96		3,481			67,074
Segment operating income/ (loss)	184,955		—		933		(34,858		)	151,030
Equity in net income of unconsolidated subsidiaries	—		—		8,796		—			8,796
Segment income	184,955		—		9,729		(34,858		)	159,826
Total other expense										(19,226		)
Income before income taxes										$	140,600
Segment assets at December 28, 2013	$	1,986,564	$	—	$	179,722	$	1,077,847		$	3,244,133