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Other Comprehensive Income
 9 Months Ended
Oct. 01, 2016
Equity [Abstract]  
Comprehensive Income
Other Comprehensive Income

The Company follows FASB authoritative guidance for reporting and presentation of comprehensive income or loss and its components.  Other comprehensive income (loss) is derived from adjustments that reflect pension adjustments, natural gas derivative adjustments, corn option adjustments and interest rate swap derivative adjustments. The components of other comprehensive income (loss) and the related tax impacts for the three and nine months months ended October 1, 2016 and October 3, 2015 are as follows (in thousands):

 
Three Months Ended
 
Before-Tax
Tax (Expense)
Net-of-Tax
 
Amount
or Benefit
Amount
 
October 1, 2016
October 3, 2015
October 1, 2016
October 3, 2015
October 1, 2016
October 3, 2015
Defined benefit pension plans
 
 
 
 
 
 
Amortization of prior service cost/(benefit)
$
8

$
(21
)
$
(2
)
$
9

$
6

$
(12
)
Amortization of actuarial loss
1,168

1,286

(447
)
(494
)
721

792

Total defined benefit pension plans
1,176

1,265

(449
)
(485
)
727

780

Corn option derivatives
 
 
 
 
 
 
Loss/(gain) reclassified to net income
(861
)
(211
)
334

82

(527
)
(129
)
Gain/(loss) activity recognized in other comprehensive income (loss)
2,060

3,254

(799
)
(1,264
)
1,261

1,990

Total corn option derivatives
1,199

3,043

(465
)
(1,182
)
734

1,861

 
 
 
 
 
 
 
Foreign currency translation
(5,839
)
(43,295
)
—

—

(5,839
)
(43,295
)
 
 
 
 
 
 
 
Other comprehensive income (loss)
$
(3,464
)
$
(38,987
)
$
(914
)
$
(1,667
)
$
(4,378
)
$
(40,654
)

 
Nine Months Ended
 
Before-Tax
Tax (Expense)
Net-of-Tax
 
Amount
or Benefit
Amount
 
October 1, 2016
October 3, 2015
October 1, 2016
October 3, 2015
October 1, 2016
October 3, 2015
Defined benefit pension plans
 
 
 
 
 
 
Amortization of prior service cost/(benefit)
$
22

$
(61
)
$
(7
)
$
29

$
15

$
(32
)
Amortization of actuarial loss
3,502

3,855

(1,338
)
(1,496
)
2,164

2,359

Amortization of settlement
(123
)
—

48

—

(75
)
—

Total defined benefit pension plans
3,401

3,794

(1,297
)
(1,467
)
2,104

2,327

Corn option derivatives
 
 
 
 
 
 
Loss/(gain) reclassified to net income
(3,204
)
(792
)
1,243

307

(1,961
)
(485
)
Gain/(loss) activity recognized in other comprehensive income (loss)
5,255

1,731

(2,039
)
(672
)
3,216

1,059

Total corn option derivatives
2,051

939

(796
)
(365
)
1,255

574

 
 
 
 
 
 
 
Foreign currency translation
43,684

(129,167
)
—

—

43,684

(129,167
)
 
 
 
 
 
 
 
Other Comprehensive income (loss)
$
49,136

$
(124,434
)
$
(2,093
)
$
(1,832
)
$
47,043

$
(126,266
)


The following table presents the amounts reclassified out of each component of other comprehensive income (loss), net of tax for the three and nine months months ended October 1, 2016 and October 3, 2015 as follows (in thousands):

 
Three Months Ended
Nine Months Ended
 
 
October 1, 2016
October 3, 2015
October 1, 2016
October 3, 2015
Statement of Operations Classification
Derivative instruments
 
 
 
 
 
Corn option derivatives
$
861

$
211

$
3,204

$
792

Cost of sales and operating expenses
 
861

211

3,204

792

Total before tax
 
(334
)
(82
)
(1,243
)
(307
)
Income taxes
 
527

129

1,961

485

Net of tax
Defined benefit pension plans
 
 
 
 
 
Amortization of prior service (cost)/benefit
$
(8
)
$
21

$
(22
)
$
61

(a)
Amortization of actuarial loss
(1,168
)
(1,286
)
(3,502
)
(3,855
)
(a)
Amortization of settlement
—

—

123

—

(a)
 
(1,176
)
(1,265
)
(3,401
)
(3,794
)
Total before tax
 
449

485

1,297

1,467

Income taxes
 
(727
)
(780
)
(2,104
)
(2,327
)
Net of tax
Total reclassifications
$
(200
)
$
(651
)
$
(143
)
$
(1,842
)
Net of tax

(a)
These items are included in the computation of net periodic pension cost. See Note 11 Employee Benefit Plans for additional information.

The following table presents changes in each component of accumulated comprehensive income (loss) as of October 1, 2016 as follows (in thousands):

 
 
Nine Months Ended October 1, 2016
 
 
Foreign Currency
Derivative
Defined Benefit
 
 
 
Translation
Instruments
Pension Plans
Total
Accumulated Other Comprehensive Income (loss) January 2, 2016, attributable to Darling, net of tax
 
$
(305,213
)
$
1,843

$
(32,548
)
$
(335,918
)
Other comprehensive gain before reclassifications
 
43,684

3,216

—

46,900

Amounts reclassified from accumulated other comprehensive income/(loss)
 
—

(1,961
)
2,104

143

Net current-period other comprehensive income
 
43,684

1,255

2,104

47,043

Noncontrolling interest
 
(2,561
)
—

—

(2,561
)
Accumulated Other Comprehensive Income (loss) October 1, 2016, attributable to Darling, net of tax
 
(258,968
)
$
3,098

$
(30,444
)
$
(286,314
)