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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 114,564 $ 156,884
Restricted cash 293 331
Accounts receivable, less allowance for bad debts of $8,090 at December 31, 2016 and $9,732 at January 2, 2016 388,397 371,392
Inventories 330,815 344,583
Prepaid expenses 29,984 36,175
Income taxes refundable 7,479 11,963
Other current assets 21,770 10,460
Total current assets 893,302 931,788
Property, plant and equipment, net 1,515,575 1,508,167
Intangible assets, less accumulated amortization of $301,187 at December 31, 2016 and $252,719 at January 2, 2016 711,927 782,349
Goodwill 1,225,893 1,233,102
Investment in unconsolidated subsidiaries 292,717 247,238
Other assets 43,613 41,623
Deferred income taxes 14,990 16,352
Total assets 4,698,017 4,760,619
Current liabilities:    
Current portion of long-term debt 23,247 45,166
Accounts payable, principally trade 180,895 149,998
Income taxes payable 4,913 6,679
Accrued expenses 242,796 239,825
Total current liabilities 451,851 441,668
Long-term debt, net of current portion 1,727,696 1,885,851
Other noncurrent liabilities 96,114 97,809
Deferred income taxes 346,134 360,681
Total liabilities 2,621,795 2,786,009
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 250,000,000 shares authorized, 167,641,415 and 167,070,983 shares issued at December 31, 2016 and January 2, 2016, respectively 1,676 1,671
Additional paid-in capital 1,499,431 1,488,783
Treasury stock, at cost; 3,028,857 and 2,335,607 shares at December 31, 2016 and January 2, 2016, respectively (40,909) (34,316)
Accumulated other comprehensive loss (340,006) (335,918)
Retained earnings 852,802 750,489
Total Darling's stockholders’ equity 1,972,994 1,870,709
Noncontrolling interests 103,228 103,901
Total stockholders’ equity 2,076,222 1,974,610
Total liabilities and stockholders' equity $ 4,698,017 $ 4,760,619