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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2021
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 81,617 $ 72,935
Restricted cash 103 110
       Accounts receivable, less allowance for bad debts of $10,815              at January 2, 2021 and $8,802 at December 28, 2019 405,387 406,338
Inventories 405,922 362,957
Prepaid expenses 47,793 46,599
Income taxes refundable 3,883 3,317
Other current assets 42,289 25,032
Total current assets 986,994 917,288
Property, plant and equipment, net 1,863,814 1,802,411
Intangible assets, net 473,680 526,394
Goodwill 1,260,240 1,223,291
Investment in unconsolidated subsidiaries 804,682 689,354
Operating right-of-use assets, net 146,563 124,726
Other assets 60,682 47,400
Deferred income taxes 16,676 14,394
Total assets 5,613,331 5,345,258
Current liabilities:    
Current portion of long-term debt 27,538 90,996
Accounts payable, principally trade 255,340 239,252
Income taxes payable 17,497 8,895
Operating lease liability, current 39,459 37,805
Accrued expenses 335,471 311,391
Total current liabilities 675,305 688,339
Long-term debt, net of current portion 1,480,531 1,558,429
Operating lease liability, non-current 109,707 91,424
Other noncurrent liabilities 117,371 115,785
Deferred income taxes 276,208 247,931
Total liabilities 2,659,122 2,701,908
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized, 169,880,238 and 168,620,314 shares issued at January 2, 2021 and December 28, 2019, respectively 1,699 1,686
Additional paid-in capital 1,597,429 1,560,897
Treasury stock, at cost; 7,679,849 and 4,845,203 shares at January 2, 2021 and December 28, 2019, respectively (151,710) (75,022)
Accumulated other comprehensive loss (252,433) (321,847)
Retained earnings 1,696,924 1,400,105
Total Darling's stockholders’ equity 2,891,909 2,565,819
Noncontrolling interests 62,300 77,531
Total stockholders’ equity 2,954,209 2,643,350
Total liabilities and stockholders' equity $ 5,613,331 $ 5,345,258
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 250,000,000 250,000,000