Business Segments (Tables)

6 Months Ended

Jul. 02, 2016

Segment Reporting [Abstract]

Business Segments

Business Segments (in thousands):

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Three Months Ended July 2, 2016
Net Sales	$	542,955	$	272,120	$	62,266	$	—		$	877,341
Cost of sales and operating expenses	416,145		214,279		46,691		—			677,115
Gross Margin	126,810		57,841		15,575		—			200,226
Selling, general and administrative expense	43,319		20,455		1,804		10,580			76,158
Acquisition and integration costs	—		—		—		70			70
Depreciation and amortization	42,119		17,736		7,184		2,492			69,531
Segment operating income/(loss)	41,372		19,650		6,587		(13,142		)	54,467
Equity in net income of unconsolidated subsidiaries	224		—		13,628		—			13,852
Segment income/(loss)	41,596		19,650		20,215		(13,142		)	68,319
Total other expense										(26,345		)
Income before income taxes										$	41,974

	Feed Ingredients		Food Ingredients		Fuel Ingredients			Corporate			Total
Three Months Ended July 4, 2015
Net Sales	$	529,429	$	283,354	$	46,532		$	—		$	859,315
Cost of sales and operating expenses	404,899		223,190		40,190			(3		)	668,276
Gross Margin	124,530		60,164		6,342			3			191,039
Selling, general and administrative expense	48,656		27,867		(2,295		)	10,066			84,294
Acquisition and integration costs	—		—		—			1,208			1,208
Depreciation and amortization	40,485		16,785		6,599			2,376			66,245
Segment operating income/(loss)	35,389		15,512		2,038			(13,647		)	39,292
Equity in net income of unconsolidated subsidiaries	402		—		3,770			—			4,172
Segment income/(loss)	35,791		15,512		5,808			(13,647		)	43,464
Total other expense											(33,862		)
Income before income taxes											$	9,602

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Six Months Ended July 2, 2016
Net Sales	$	1,019,126	$	520,017	$	117,839	$	—		$	1,656,982
Cost of sales and operating expenses	788,802		399,833		87,373		—			1,276,008
Gross Margin	230,324		120,184		30,466		—			380,974
Selling, general and administrative expense	88,570		44,214		3,654		21,189			157,627
Acquisition and integration costs	—		—		—		401			401
Depreciation and amortization	86,496		34,440		14,103		6,748			141,787
Segment operating income/(loss)	55,258		41,530		12,709		(28,338		)	81,159
Equity in net income of unconsolidated subsidiaries	326		—		19,169		—			19,495
Segment income/(loss)	55,584		41,530		31,878		(28,338		)	100,654
Total other expense										(54,154		)
Income before income taxes										$	46,500
Segment assets at July 2, 2016	$	2,507,473	$	1,477,927	$	638,764	$	235,730		$	4,859,894

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Six Months Ended July 4, 2015
Net Sales	$	1,076,927	$	553,511	$	103,571	$	—		$	1,734,009
Cost of sales and operating expenses	828,905		439,827		84,065		—			1,352,797
Gross Margin	248,022		113,684		19,506		—			381,212
Selling, general and administrative expense	96,679		53,342		1,745		19,159			170,925
Acquisition and integration costs	—		—		—		6,527			6,527
Depreciation and amortization	80,539		33,982		13,230		4,892			132,643
Segment operating income/(loss)	70,804		26,360		4,531		(30,578		)	71,117
Equity in net income of unconsolidated subsidiaries	819		—		1,545		—			2,364
Segment income/(loss)	71,623		26,360		6,076		(30,578		)	73,481
Total other expense										(59,940		)
Income before income taxes										$	13,541
Segment assets at January 2, 2016	$	2,438,869	$	1,448,014	$	631,968	$	241,768		$	4,760,619