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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2016
Jan. 03, 2015
Current assets:    
Cash and cash equivalents $ 156,884 $ 108,784
Restricted cash 331 343
Accounts receivable, less allowance for bad debts of $9,732 at January 2, 2016 and $10,835 at January 3, 2015 371,392 409,779
Inventories 344,583 401,613
Prepaid expenses 36,175 44,629
Income taxes refundable 11,963 22,140
Other current assets 10,460 21,324
Total current assets 931,788 1,008,612
Property, plant and equipment, net 1,508,167 1,574,116
Intangible assets, less accumulated amortization of $252,719 at January 2, 2016 and $184,909 at January 3, 2015 782,349 932,413
Goodwill 1,233,102 1,320,419
Investment in unconsolidated subsidiaries 247,238 202,712
Other assets 70,606 71,009
Deferred income taxes 16,352 17,266
Total assets 4,789,602 5,126,547
Current liabilities:    
Current portion of long-term debt 47,244 54,401
Accounts payable, principally trade 149,998 168,518
Income taxes payable 6,679 4,363
Accrued expenses 239,825 256,119
Total current liabilities 443,746 483,401
Long-term debt, net of current portion 1,912,756 2,098,039
Other noncurrent liabilities 97,809 114,700
Deferred income taxes 360,681 379,273
Total liabilities $ 2,814,992 $ 3,075,413
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 250,000,000 shares authorized, 167,070,983 and 166,213,793 shares issued at January 2, 2016 and January 3, 2015, respectively $ 1,671 $ 1,662
Additional paid-in capital 1,488,783 1,479,637
Treasury stock, at cost; 2,335,607 and 1,501,130 shares at January 2, 2016 and January 3, 2015, respectively (34,316) (23,207)
Accumulated other comprehensive loss (335,918) (177,060)
Retained earnings 750,489 671,958
Total Darling's stockholders’ equity 1,870,709 1,952,990
Noncontrolling interests 103,901 98,144
Total stockholders’ equity 1,974,610 2,051,134
Total liabilities and stockholders' equity $ 4,789,602 $ 5,126,547