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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 72,935 $ 107,262
Restricted cash 110 107
Accounts receivable, less allowance for bad debts of $8,802 at December 28, 2019 and $7,830 at December 29, 2018 406,338 385,737
Inventories 362,957 341,028
Prepaid expenses 46,599 35,247
Income taxes refundable 3,317 6,462
Other current assets 25,032 22,099
Total current assets 917,288 897,942
Property, plant and equipment, net 1,802,411 1,687,858
Intangible assets, net 526,394 595,862
Goodwill 1,223,291 1,229,159
Investment in unconsolidated subsidiaries 689,354 410,177
Operating right-of-use assets, net 124,726 0
Other assets 47,400 53,375
Deferred income taxes 14,394 14,981
Total assets 5,345,258 4,889,354
Current liabilities:    
Current portion of long-term debt 90,996 7,492
Accounts payable, principally trade 239,252 219,479
Income taxes payable 8,895 4,043
Operating lease liability, current 37,805 0
Accrued expenses 311,391 309,484
Total current liabilities 688,339 540,498
Long-term debt, net of current portion 1,558,429 1,666,940
Operating lease liability, non-current 91,424 0
Other noncurrent liabilities 115,785 115,032
Deferred income taxes 247,931 231,063
Total liabilities 2,701,908 2,553,533
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 250,000,000 shares authorized, 168,620,314 and 168,098,177 shares issued at December 28, 2019 and December 29, 2018, respectively 1,686 1,681
Additional paid-in capital 1,560,897 1,536,157
Treasury stock, at cost; 4,845,203 and 3,437,579 shares at December 28, 2019 and December 29, 2018, respectively (75,022) (47,756)
Accumulated other comprehensive loss (321,847) (304,539)
Retained earnings 1,400,105 1,087,505
Total Darling's stockholders’ equity 2,565,819 2,273,048
Noncontrolling interests 77,531 62,773
Total stockholders’ equity 2,643,350 2,335,821
Total liabilities and stockholders' equity $ 5,345,258 $ 4,889,354