XML 51 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Segments (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Business Segments
 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Three Months Ended June 30, 2018
 
 
 
 
 
Net Sales
$
498,823

$
276,729

$
71,094

$

$
846,646

Cost of sales and operating expenses
370,788

224,836

57,377


653,001

Gross Margin
128,035

51,893

13,717


193,645

 
 
 
 
 
 
Selling, general and administrative expense
43,947

22,190

164

12,257

78,558

Restructuring and impairment charges

14,965



14,965

Depreciation and amortization
46,823

20,388

8,537

2,706

78,454

Segment operating income/(loss)
37,265

(5,650
)
5,016

(14,963
)
21,668

 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
150


15,086


15,236

Segment income/(loss)
37,415

(5,650
)
20,102

(14,963
)
36,904

 
 
 
 
 
 
Total other expense
 
 
 
 
(64,359
)
Loss before income taxes
 
 
 
 
$
(27,455
)

 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Three Months Ended July 1, 2017
 
 
 
 
 
Net Sales
$
549,119

$
278,409

$
67,402

$

$
894,930

Cost of sales and operating expenses
422,202

222,362

54,680


699,244

Gross Margin
126,917

56,047

12,722


195,686

 
 
 
 
 
 
Selling, general and administrative expense
42,875

26,703

2,873

12,081

84,532

Depreciation and amortization
44,354

18,184

7,715

2,737

72,990

Segment operating income/(loss)
39,688

11,160

2,134

(14,818
)
38,164

 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
131


8,129


8,260

Segment income/(loss)
39,819

11,160

10,263

(14,818
)
46,424

 
 
 
 
 
 
Total other expense
 
 
 
 
(28,354
)
Income before income taxes
 
 
 
 
$
18,070


 
 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Six Months Ended June 30, 2018
 
 
 
 
 
Net Sales
$
984,621

$
582,249

$
155,150

$

$
1,722,020

Cost of sales and operating expenses
739,876

474,021

117,203


1,331,100

Gross Margin
244,745

108,228

37,947


390,920

 
 
 
 
 
 
Selling, general and administrative expense
92,212

46,051

(1,234
)
28,431

165,460

Restructuring and impairment charges

14,965



14,965

Depreciation and amortization
93,612

41,028

17,008

5,425

157,073

Segment operating income/(loss)
58,921

6,184

22,173

(33,856
)
53,422

 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
105


112,285


112,390

Segment income/(loss)
59,026

6,184

134,458

(33,856
)
165,812

 
 
 
 
 
 
Total other expense
 
 
 
 
(91,480
)
Income before income taxes
 
 
 
 
$
74,332

 
 
 
 
 
 
Segment assets at June 30, 2018
$
2,498,165

$
1,441,030

$
767,659

$
150,062

$
4,856,916


 
Feed Ingredients
Food Ingredients
Fuel Ingredients
Corporate
Total
Six Months Ended July 1, 2017
 
 
 
 
 
Net Sales
$
1,101,743

$
544,635

$
127,062

$

$
1,773,440

Cost of sales and operating expenses
854,778

431,754

100,678


1,387,210

Gross Margin
246,965

112,881

26,384


386,230

 
 
 
 
 
 
Selling, general and administrative expense
87,712

51,680

6,136

25,927

171,455

Depreciation and amortization
88,073

35,785

14,560

5,686

144,104

Segment operating income/(loss)
71,180

25,416

5,688

(31,613
)
70,671

 
 
 
 
 
 
Equity in net income of unconsolidated subsidiaries
240


8,726


8,966

Segment income/(loss)
71,420

25,416

14,414

(31,613
)
79,637

 
 
 
 
 
 
Total other expense
 
 
 
 
(52,351
)
Income before income taxes
 
 
 
 
$
27,286

 
 
 
 
 
 
Segment assets at December 30, 2017
$
2,614,545

$
1,499,027

$
688,890

$
155,763

$
4,958,225