Business Segments (Tables)

12 Months Ended

Jan. 02, 2016

Business Segments (in thousands):



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended January 2, 2016
Net Sales	$	2,074,333	$	1,094,918	$	228,195	$	—		$	3,397,446
Cost of sales and operating expenses	1,613,402		863,562		177,061		—			2,654,025
Gross Margin	460,931		231,356		51,134		—			743,421

Selling, general and administrative expense	178,624		103,301		7,264		33,385			322,574
Acquisition costs	—		—		—		8,299			8,299
Depreciation and amortization	165,854		66,817		26,711		10,522			269,904
Segment operating income/(loss)	116,453		61,238		17,159		(52,206		)	142,644

Equity in net income of unconsolidated subsidiaries	1,521		—		71,895		—			73,416
Segment income	117,974		61,238		89,054		(52,206		)	216,060

Total other expense										(117,280		)
Income before income taxes										$	98,780

Segment assets at January 2, 2016	$	2,439,444	$	1,448,014	$	631,968	$	270,176		$	4,789,602



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended January 3, 2015
Net Sales	$	2,421,462	$	1,248,352	$	286,629	$	—		$	3,956,443
Cost of sales and operating expenses	1,864,835		1,029,488		228,848		—			3,123,171
Gross Margin	556,627		218,864		57,781		—			833,272

Selling, general and administrative expense	205,484		118,716		8,596		41,784			374,580
Acquisition costs	—		—		—		24,667			24,667
Depreciation and amortization	158,871		73,274		27,898		9,474			269,517
Segment operating income/(loss)	192,272		26,874		21,287		(75,925		)	164,508

Equity in net income of unconsolidated subsidiaries	1,842		—		63,767		—			65,609
Segment income	194,114		26,874		85,054		(75,925		)	230,117

Total other expense										(148,665		)
Income before income taxes										$	81,452

Segment assets at January 3, 2015	$	2,667,601	$	1,730,794	$	693,921	$	34,231		$	5,126,547



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended December 28, 2013
Net Sales	$	1,788,563	$	—	$	13,705	$	—		$	1,802,268
Cost of sales and operating expenses	1,329,057		—		10,762		—			1,339,819
Gross Margin	459,506		—		2,943		—			462,449

Selling, general and administrative expense	149,160		—		928		20,737			170,825
Acquisition costs	—		—		—		23,271			23,271
Depreciation and amortization	93,120		—		368		5,299			98,787
Segment operating income/(loss)	217,226		—		1,647		(49,307		)	169,566

Equity in net income of unconsolidated subsidiaries	—		—		7,660		—			7,660
Segment income	217,226		—		9,307		(49,307		)	177,226

Total other expense										(13,548		)
Income before income taxes										$	163,678

Business Segment Property, Plant and Equipment (in thousands):



	January 2, 2016		January 3, 2015		December 28, 2013
Depreciation and amortization:
Feed Ingredients	$	165,854	$	158,871	$	93,120
Food Ingredients	66,817		73,274		—
Fuel Ingredients	26,711		27,898		368
Corporate Activities	10,522		9,474		5,299
Total	$	269,904	$	269,517	$	98,787
Capital expenditures:
Feed Ingredients	$	153,894	$	135,923	$	84,616
Food Ingredients	49,066		61,657		—
Fuel Ingredients	19,478		21,392		162
Corporate Activities	7,410		9,946		33,529
Total (a)	$	229,848	$	228,918	$	118,307


(a)	Excludes the capital assets acquired in an immaterial acquisition in fiscal 2015, the VION Acquisition and Custom Blenders acquisition in fiscal 2014 of approximately $984.2 million, the Terra Transaction and the Rothsay Acquisition in fiscal 2013 of approximately $167.0 million.

Geographic Area Net Trade Revenues (in thousands):

Long-lived assets related to the Company's operations in North America, Europe, China, South American and other were as follows (in thousands):