Business Segments (Tables)

12 Months Ended

Dec. 30, 2017

Business Segments (in thousands):



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended December 30, 2017
Net Sales	$	2,239,492	$	1,156,976	$	265,783	$	—		$	3,662,251
Cost of sales and operating expenses	1,744,768		920,575		210,508		—			2,875,851
Gross Margin	494,724		236,401		55,275		—			786,400

Selling, general and administrative expense	180,866		104,982		10,467		51,172			347,487
Depreciation and amortization	184,172		75,010		31,019		11,899			302,100
Segment operating income/(loss)	129,686		56,409		13,789		(63,071		)	136,813

Equity in net income of unconsolidated subsidiaries	265		—		28,239		—			28,504
Segment income	129,951		56,409		42,028		(63,071		)	165,317

Total other expense										(101,117		)
Income before income taxes										$	64,200

Segment assets at December 30, 2017	$	2,614,545	$	1,499,027	$	688,890	$	155,763		$	4,958,225



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended December 31, 2016
Net Sales	$	2,089,145	$	1,055,725	$	247,058	$	—		$	3,391,928
Cost of sales and operating expenses	1,624,858		828,223		182,466		—			2,635,547
Gross Margin	464,287		227,502		64,592		—			756,381

Selling, general and administrative expense	169,648		96,170		6,895		41,292			314,005
Acquisition costs	—		—		—		401			401
Depreciation and amortization	178,845		70,120		28,531		12,412			289,908
Segment operating income/(loss)	115,794		61,212		29,166		(54,105		)	152,067

Equity in net income of unconsolidated subsidiaries	467		—		69,912		—			70,379
Segment income	116,261		61,212		99,078		(54,105		)	222,446

Total other expense										(99,907		)
Income before income taxes										$	122,539

Segment assets at December 31, 2016	$	2,464,509	$	1,414,409	$	657,637	$	161,462		$	4,698,017



	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate			Total
Fiscal Year Ended January 2, 2016
Net Sales	$	2,074,333	$	1,088,727	$	228,195	$	—		$	3,391,255
Cost of sales and operating expenses	1,613,402		863,562		177,061		—			2,654,025
Gross Margin	460,931		225,165		51,134		—			737,230

Selling, general and administrative expense	178,624		97,110		7,264		33,385			316,383
Acquisition costs	—		—		—		8,299			8,299
Depreciation and amortization	165,854		66,817		26,711		10,522			269,904
Segment operating income/(loss)	116,453		61,238		17,159		(52,206		)	142,644

Equity in net income of unconsolidated subsidiaries	1,521		—		71,895		—			73,416
Segment income	117,974		61,238		89,054		(52,206		)	216,060

Total other expense										(117,280		)
Income before income taxes										$	98,780

Business Segment Property, Plant and Equipment (in thousands):



	December 30, 2017		December 31, 2016		January 2, 2016
Depreciation and amortization:
Feed Ingredients	$	184,172	$	178,845	$	165,854
Food Ingredients	75,010		70,120		66,817
Fuel Ingredients	31,019		28,531		26,711
Corporate Activities	11,899		12,412		10,522
Total	$	302,100	$	289,908	$	269,904
Capital expenditures:
Feed Ingredients	$	191,953	$	167,313	$	153,894
Food Ingredients	50,099		50,020		49,066
Fuel Ingredients	24,707		22,323		19,478
Corporate Activities	7,409		3,867		7,410
Total (a)	$	274,168	$	243,523	$	229,848


(a)	Excludes immaterial capital assets acquired by acquisition in fiscal 2017, fiscal 2016 and fiscal 2015.

Long-lived assets related to the Company's operations in North America, Europe, China, South American and other were as follows (in thousands):

Geographic Area Net Trade Revenues (in thousands):