XML 75 R84.htm IDEA: XBRL DOCUMENT v3.20.1
Guarantor Financial Information (Condensed Consolidated Statements of Operations) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Net sales $ 852,842 $ 835,104
Costs and expenses:    
Cost of sales and operating expenses 646,908 650,913
Loss (gain) on disposal of property, plant, equipment and other assets 61 (4,250)
Selling, general and administrative expenses 96,193 85,003
Depreciation and amortization 84,671 79,164
Total costs and expenses 827,833 810,830
Equity in net income of Diamond Green Diesel 97,820 24,277
Operating income 122,829 48,551
Interest expense (19,090) (19,876)
Foreign currency gain/(loss) 1,664 (732)
Other expense, net (1,881) (2,525)
Equity in net income/(loss) of other unconsolidated subsidiaries 869 (504)
Earnings in investments in subsidiaries 0 0
Income/(loss) before taxes 104,391 24,914
Income tax expense 18,300 5,274
Net income attributable to noncontrolling interests (581) (1,628)
Net income attributable to Darling 85,510 18,012
Parent [Member]    
Net sales 180,919 160,230
Costs and expenses:    
Cost of sales and operating expenses 144,142 128,324
Loss (gain) on disposal of property, plant, equipment and other assets (38) 68
Selling, general and administrative expenses 48,074 47,423
Depreciation and amortization 17,272 14,373
Total costs and expenses 209,450 190,188
Equity in net income of Diamond Green Diesel 0 0
Operating income (28,531) (29,958)
Interest expense (13,775) (14,027)
Foreign currency gain/(loss) (326) (4)
Other expense, net (1,540) (1,567)
Equity in net income/(loss) of other unconsolidated subsidiaries 0 (891)
Earnings in investments in subsidiaries 121,939 54,627
Income/(loss) before taxes 77,767 8,180
Income tax expense (7,743) (9,832)
Net income attributable to noncontrolling interests 0 0
Net income attributable to Darling 85,510 18,012
Guarantors [Member]    
Net sales 310,301 329,991
Costs and expenses:    
Cost of sales and operating expenses 246,320 271,671
Loss (gain) on disposal of property, plant, equipment and other assets 63 (4,477)
Selling, general and administrative expenses 12,517 11,947
Depreciation and amortization 26,593 26,112
Total costs and expenses 285,493 305,253
Equity in net income of Diamond Green Diesel 0 0
Operating income 24,808 24,738
Interest expense (58) (32)
Foreign currency gain/(loss) (24) 0
Other expense, net (339) (1,212)
Equity in net income/(loss) of other unconsolidated subsidiaries 0 0
Earnings in investments in subsidiaries 0 0
Income/(loss) before taxes 24,387 23,494
Income tax expense 4,275 4,973
Net income attributable to noncontrolling interests 0 0
Net income attributable to Darling 20,112 18,521
Non-guarantors [Member]    
Net sales 405,025 403,911
Costs and expenses:    
Cost of sales and operating expenses 299,849 309,946
Loss (gain) on disposal of property, plant, equipment and other assets 36 159
Selling, general and administrative expenses 35,602 25,633
Depreciation and amortization 40,806 38,679
Total costs and expenses 376,293 374,417
Equity in net income of Diamond Green Diesel 97,820 24,277
Operating income 126,552 53,771
Interest expense (5,257) (5,817)
Foreign currency gain/(loss) 2,014 (728)
Other expense, net (2) 254
Equity in net income/(loss) of other unconsolidated subsidiaries 869 387
Earnings in investments in subsidiaries 0 0
Income/(loss) before taxes 124,176 47,867
Income tax expense 21,768 10,133
Net income attributable to noncontrolling interests (581) (1,628)
Net income attributable to Darling 101,827 36,106
Eliminations [Member]    
Costs and expenses:    
Equity in net income of Diamond Green Diesel 0 0
Eliminations [Member]    
Net sales (43,403) (59,028)
Costs and expenses:    
Cost of sales and operating expenses (43,403) (59,028)
Loss (gain) on disposal of property, plant, equipment and other assets 0 0
Selling, general and administrative expenses 0 0
Depreciation and amortization 0 0
Total costs and expenses (43,403) (59,028)
Operating income 0 0
Interest expense 0 0
Foreign currency gain/(loss) 0 0
Other expense, net 0 0
Equity in net income/(loss) of other unconsolidated subsidiaries 0 0
Earnings in investments in subsidiaries (121,939) (54,627)
Income/(loss) before taxes (121,939) (54,627)
Income tax expense 0 0
Net income attributable to noncontrolling interests 0 0
Net income attributable to Darling $ (121,939) $ (54,627)