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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 148,585 $ 156,884
Restricted cash 294 331
Accounts receivable, net 382,857 371,392
Inventories 359,095 344,583
Prepaid expenses 40,341 36,175
Income taxes refundable 13,222 11,963
Other current assets 18,609 10,460
Total current assets 963,003 931,788
Property, plant and equipment, less accumulated depreciation of $802,172 at October 1, 2016 and $652,875 at January 2, 2016 1,535,185 1,508,167
Intangible assets, less accumulated amortization of $286,316 at October 1, 2016 and $252,719 at January 2, 2016 747,522 782,349
Goodwill 1,256,376 1,233,102
Investment in unconsolidated subsidiaries 261,690 247,238
Other assets 35,912 41,623
Deferred income taxes 17,196 16,352
Total assets 4,816,884 4,760,619
Current liabilities:    
Current portion of long-term debt 27,169 45,166
Accounts payable, principally trade 168,556 149,998
Income taxes payable 9,374 6,679
Accrued expenses 254,561 239,825
Total current liabilities 459,660 441,668
Long-term debt, net of current portion 1,818,361 1,885,851
Other non-current liabilities 89,517 97,809
Deferred income taxes 363,949 360,681
Total liabilities 2,731,487 2,786,009
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized; 167,619,651 and 167,070,983 shares issued at October 1, 2016 and at January 2, 2016, respectively 1,676 1,671
Additional paid-in capital 1,496,963 1,488,783
Treasury stock, at cost; 3,028,857 and 2,335,607 shares at October 1, 2016 and at January 2, 2016, respectively (40,909) (34,316)
Accumulated other comprehensive loss (286,314) (335,918)
Retained earnings 812,261 750,489
Total Darling's stockholders’ equity 1,983,677 1,870,709
Noncontrolling interests 101,720 103,901
Total stockholders' equity 2,085,397 1,974,610
Total liabilities and stockholders' equity $ 4,816,884 $ 4,760,619