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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 106,774 $ 114,564
Restricted cash 142 293
Accounts receivable, less allowance for bad debts of $8,045 at December 30, 2017 and $8,090 at December 31, 2016 391,847 388,397
Inventories 358,183 330,815
Prepaid expenses 38,326 29,984
Income taxes refundable 4,509 7,479
Other current assets 56,664 21,770
Total current assets 956,445 893,302
Property, plant and equipment, net 1,645,822 1,515,575
Intangible assets, less accumulated amortization of $383,836 at December 30, 2017 and $301,187 at December 31, 2016 676,500 711,927
Goodwill 1,301,093 1,225,893
Investment in unconsolidated subsidiaries 302,038 292,717
Other assets 62,284 43,613
Deferred income taxes 14,043 14,990
Total assets 4,958,225 4,698,017
Current liabilities:    
Current portion of long-term debt 16,143 23,247
Accounts payable, principally trade 217,417 180,895
Income taxes payable 12,300 4,913
Accrued expenses 313,623 242,796
Total current liabilities 559,483 451,851
Long-term debt, net of current portion 1,698,050 1,727,696
Other noncurrent liabilities 106,287 96,114
Deferred income taxes 266,708 346,134
Total liabilities 2,630,528 2,621,795
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 250,000,000 shares authorized, 167,892,500 and 167,641,415 shares issued at December 30, 2017 and December 31, 2016, respectively 1,679 1,676
Additional paid-in capital 1,515,614 1,499,431
Treasury stock, at cost; 3,239,063 and 3,028,857 shares at December 30, 2017 and December 31, 2016, respectively (44,063) (40,909)
Accumulated other comprehensive loss (209,524) (340,006)
Retained earnings 981,227 852,802
Total Darling's stockholders’ equity 2,244,933 1,972,994
Noncontrolling interests 82,764 103,228
Total stockholders’ equity 2,327,697 2,076,222
Total liabilities and stockholders' equity $ 4,958,225 $ 4,698,017