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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Net Income per Common Share
Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period.  Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method.
 
Net Income per Common Share (in thousands, except per share data)
 
Three Months Ended
 
 
 
September 30, 2017
 
 
 
 
 
October 1, 2016
 
 
 
Income
 
Shares
 
Per Share
 
Income
 
Shares
 
Per Share
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net Income attributable to Darling
$
7,761

 
164,735

 
$
0.05

 
$
28,694

 
164,653

 
$
0.17

Diluted:
 

 
 

 
 

 
 

 
 

 
 

Effect of dilutive securities:
 

 
 

 
 

 
 

 
 

 
 

Add: Option shares in the money and dilutive effect of non-vested stock awards
 

 
4,759

 
 

 
 

 
1,717

 
 

Less: Pro forma treasury shares
 

 
(2,313
)
 
 

 
 

 
(934
)
 
 

Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to Darling
$
7,761

 
167,181

 
$
0.05

 
$
28,694

 
165,436

 
$
0.17

 
Net Income per Common Share (in thousands, except per share data)
 
Nine Months Ended
 
 
 
September 30, 2017
 
 
 
 
 
October 1, 2016
 
 
 
Income
 
Shares
 
Per Share
 
Loss
 
Shares
 
Per Share
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net Income attributable to Darling
$
22,739

 
164,734

 
$
0.14

 
$
61,772

 
164,574

 
$
0.38

Diluted:
 

 
 

 
 

 
 

 
 

 
 

Effect of dilutive securities:
 

 
 

 
 

 
 

 
 

 
 

Add: Option shares in the money and dilutive effect of non-vested stock awards
 

 
3,645

 
 

 
 

 
1,222

 
 

Less: Pro forma treasury shares
 

 
(1,751
)
 
 

 
 

 
(642
)
 
 

Diluted:
 

 
 

 
 

 
 

 
 

 
 

Net income attributable to Darling
$
22,739

 
166,628

 
$
0.14

 
$
61,772

 
165,154

 
$
0.37