Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 28, 2020

Accounting Policies [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash on the consolidated balance sheet that sum to the total of the same amounts shown in the Consolidated Statement of Cash Flows (in thousands):

	March 28, 2020		December 29, 2018
Cash and cash equivalents	$	76,339	$	72,935
Restricted cash	106		110
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flow	$	76,445	$	73,045

Net Income per Common Share

Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period.  Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method.

	Net Income per Common Share (in thousands, except per share data)
	Three Months Ended
			March 28, 2020						March 30, 2019
	Income		Shares		Per Share		Income		Shares		Per Share
Basic:
Net Income attributable to Darling	$	85,510	163,474		$	0.52	$	18,012	164,855		$	0.11
Diluted:
Effect of dilutive securities:
Add: Option shares in the money and dilutive effect of non-vested stock awards			6,749						6,127
Less: Pro forma treasury shares			(2,296	)					(2,322	)
Diluted:
Net income attributable to Darling	$	85,510	167,927		$	0.51	$	18,012	168,660		$	0.11