Business Segments (Tables)

12 Months Ended

Dec. 28, 2019

Segment Reporting [Abstract]

Business Segment Profit/(Loss)

Business Segments (in thousands):

	Feed Ingredients			Food Ingredients			Fuel Ingredients		Corporate			Total
Fiscal Year Ended December 28, 2019
Net Sales	$	1,970,561		$	1,119,085		$	274,259	$	—		$	3,363,905
Cost of sales and operating expenses	1,519,596			864,618			204,871		—			2,589,085
Gross Margin	450,965			254,467			69,388		—			774,820
Loss (gain) on sale of assets	(7,720		)	(13,175		)	313		—			(20,582		)
Selling, general and administrative expense	200,487			97,363			2,762		57,911			358,523
Depreciation and amortization	203,456			79,671			31,946		10,437			325,510
Equity in net income of Diamond Green Diesel	—			—			364,452		—			364,452
Segment operating income/(loss)	54,742			90,608			398,819		(68,348		)	475,821
Equity in net income of other unconsolidated subsidiaries	428			—			—		—			428
Segment income/(loss)	55,170			90,608			398,819		(68,348		)	476,249
Total other expense												(95,815		)
Income before income taxes												$	380,434
Segment assets at December 28, 2019	$	2,653,363		$	1,345,526		$	1,087,701	$	258,668		$	5,345,258

	Feed Ingredients			Food Ingredients			Fuel Ingredients			Corporate			Total
Fiscal Year Ended December 29, 2018
Net Sales	$	1,952,555		$	1,139,126		$	296,045		$	—		$	3,387,726
Cost of sales and operating expenses	1,497,973			918,141			230,260			—			2,646,374
Gross Margin	454,582			220,985			65,785			—			741,352
Loss/(gain) on sale of assets	725			(282		)	266			—			709
Selling, general and administrative expense	176,722			91,546			(4,770		)	45,766			309,264
Restructuring and impairment charges	—			14,965			—			—			14,965
Depreciation and amortization	194,292			80,988			34,981			10,931			321,192
Equity in net income of Diamond Green Diesel	—			—			159,779			—			159,779
Segment operating income/(loss)	82,843			33,768			195,087			(56,697		)	255,001
Equity in net loss of unconsolidated subsidiaries	(550		)	—			—			—			(550		)
Segment income/(loss)	82,293			33,768			195,087			(56,697		)	254,451
Total other expense													(136,476		)
Income before income taxes													$	117,975
Segment assets at December 29, 2018	$	2,566,106		$	1,401,291		$	761,817		$	160,140		$	4,889,354

	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	1,744,990			920,165		210,525			—			2,875,680
Gross Margin	494,502			236,811		55,258			—			786,571
Loss/(gain) on sale of assets	(358		)	218		(97		)	—			(237		)
Selling, general and administrative expense	178,347			104,644		10,355			50,156			343,502
Depreciation and amortization	184,172			75,010		31,019			11,899			302,100
Equity in net income of Diamond Green Diesel	—			—		28,239			—			28,239
Segment operating income/(loss)	132,341			56,939		42,220			(62,055		)	169,445
Equity in net income of unconsolidated subsidiaries	265			—		—			—			265
Segment income/(loss)	132,606			56,939		42,220			(62,055		)	169,710
Total other expense												(105,510		)
Income before income taxes												$	64,200

Business Segment Property, Plant and Equipment

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

 

	December 28, 2019		December 29, 2018		December 30, 2017
Depreciation and amortization:
Feed Ingredients	$	203,456	$	194,292	$	184,172
Food Ingredients	79,671		80,988		75,010
Fuel Ingredients	31,946		34,981		31,019
Corporate Activities	10,437		10,931		11,899
Total	$	325,510	$	321,192	$	302,100
Capital expenditures:
Feed Ingredients	$	229,415	$	237,215	$	191,953
Food Ingredients	85,501		51,659		50,099
Fuel Ingredients	23,964		27,121		24,707
Corporate Activities	20,618		5,901		7,409
Total (a)	$	359,498	$	321,896	$	274,168

(a)

Excludes capital assets acquired by acquisition in fiscal 2018 of approximately $31.6 million and excludes immaterial capital assets acquired by acquisition in fiscal 2017.

Geographic Area Net Trade Revenues

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

        

	FY 2019		FY 2018
	Long-Lived Assets		Long-Lived Assets
North America	$	2,991,537	$	2,562,389
Europe	1,228,807		1,219,084
China	124,874		136,711
South America	73,477		64,916
Other	9,275		8,312
Total	$	4,427,970	$	3,991,412