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Revenue (Notes)
 12 Months Ended
Jan. 02, 2021
Revenue from Contract with Customer [Abstract]  
Revenue REVENUEThe Company extends payment terms to its customers based on commercially acceptable practices. The term between invoicing and payment due date is not significant. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring finished products or performing services, which is generally based on executed agreement or purchase order.
Most of the Company's products are shipped based on the customer specifications. Customer returns are infrequent and not material to the Company. Adjustments to net sales for sales deductions are generally recognized in the same period as the sale or when known. Customers in certain industries or countries may be required to prepay prior to shipment in order to maintain payment protection. These represent short-term prepayment from customers and are not material to the Company. The Company elected to treat shipping and handling as fulfillment costs, which will result in billed freight recorded in cost of sales and netted against freight costs. Sales, value-add, and other taxes collected concurrently with revenue-producing activities are excluded from revenue and booked on a net basis.

The following tables presents the Company revenues disaggregated by geographic area and major product types by reportable segment for the years ended January 2, 2021, December 28, 2019 and December 29, 2018 (in thousands):

Year Ended January 2 2021
Feed IngredientsFood IngredientsFuel IngredientsTotal
Geographic Area
North America$1,694,705 $244,929 $20,869 $1,960,503 
Europe352,748 650,671 293,249 1,296,668 
China13,676 188,417 — 202,093 
South America— 38,238 — 38,238 
Other10,975 63,446 — 74,421 
Net sales$2,072,104 $1,185,701 $314,118 $3,571,923 
Major product types
Fats$661,774 $142,963 $— $804,737 
Used cooking oil176,691 — — 176,691 
Proteins830,195 — — 830,195 
Bakery183,759 — — 183,759 
Other rendering178,601 — — 178,601 
Food ingredients— 947,928 — 947,928 
Bioenergy— — 293,249 293,249 
Biofuels— — 20,869 20,869 
Other41,084 94,810 — 135,894 
Net sales$2,072,104 $1,185,701 $314,118 $3,571,923 
Year Ended December 28, 2019
Feed IngredientsFood IngredientsFuel IngredientsTotal
Geographic Area
North America$1,635,382 $214,623 $39,568 $1,889,573 
Europe309,097 609,999 234,691 1,153,787 
China16,342 178,283 — 194,625 
South America— 51,168 — 51,168 
Other9,740 65,012 — 74,752 
Net sales$1,970,561 $1,119,085 $274,259 $3,363,905 
Major product types
Fats$584,336 $133,898 $— $718,234 
Used cooking oil185,705 — — 185,705 
Proteins791,284 — — 791,284 
Bakery191,551 — — 191,551 
Other rendering167,870 — — 167,870 
Food ingredients— 894,761 — 894,761 
Bioenergy— — 234,691 234,691 
Biofuels— — 39,568 39,568 
Other49,815 90,426 — 140,241 
Net sales$1,970,561 $1,119,085 $274,259 $3,363,905 

Year Ended December 29, 2018
Feed IngredientsFood IngredientsFuel IngredientsTotal
Geographic Area Revenues
North America$1,586,930 $181,213 $48,858 $1,817,001 
Europe329,341 648,933 247,187 1,225,461 
China28,288 182,369 — 210,657 
South America— 53,206 — 53,206 
Other7,996 73,405 — 81,401 
Net sales$1,952,555 $1,139,126 $296,045 $3,387,726 
Major product types
Fats$564,790 $163,815 $— $728,605 
Used cooking oil166,634 — — 166,634 
Proteins842,878 — — 842,878 
Bakery180,227 — — 180,227 
Other rendering129,273 — — 129,273 
Food ingredients— 886,042 — 886,042 
Bioenergy— — 247,187 247,187 
Biofuels— — 48,858 48,858 
Other68,753 89,269 — 158,022 
Net sales$1,952,555 $1,139,126 $296,045 $3,387,726 

Revenue from Contracts with Customers

The Company has two primary revenue streams. Finished product revenues are recognized when control of the promised finished product is transferred to the Company's customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for the finished product. Service revenues are recognized in net sales when the service occurs.

Fats and Proteins. Fats and Proteins include the Company's global activities related to the collection and processing of beef, poultry and pork animal by-products into finished products of non-food grade oils, food grade fats and protein meal. Fats and proteins net sales are recognized when the Company ships the finished product to the customer and control has been transferred.
Used Cooking Oil. Used cooking oil includes collection and processing of used cooking oil into finished products of non-food grade fats. Used cooking oil net sales are recognized when the Company ships the finished product to the customer and control has been transferred.

Bakery. Bakery includes collection and processing of bakery residuals into finished product including Cookie Meal®, an animal feed ingredient primarily used in poultry and swine rations. Bakery net sales are recognized when the Company ships the finished product to the customer and control has been transferred.

Other Rendering. Other rendering include hides, pet food products, and service charges. Hides and pet food net sales are recognized when the Company ships the finished product to the customer and control has been transferred. Service revenues are recognized in net sales when the service has occurred.

Food Ingredients. Food ingredients includes collection and processing of pigskin, hide, bone and fish into finished product. It also includes harvesting, sorting and selling of hog and sheep casings as well as harvesting, purchasing and processing of hog, sheep and beef meat for pet food industry. Collagen and CTH meat and casings net sales are recognized when the Company ships the finished product to the customer and control has been transferred.

Bioenergy. Bioenergy includes Ecoson, which converts organic sludge and food waste into biogas and Rendac, which collects fallen stock and animal waste for a fee and processes these materials into fats and meals that can only be used as low grade energy or fuel for boilers and cement kilns. Net sales are recognized when the finished product is shipped to the customer and control has been transferred. Service revenues are recognized in net sales when the service has occurred.

Biofuels. Biofuels includes the North American processing of rendered animal fats, recycled cooking oils and third party additives to produce diesel fuel. Biofuel net sales are recognized when the finished product is shipped to the customer and control has been transferred.

Other. Other includes grease trap collection and environmental services to food processors in the Feed Ingredients segment and Sonac Bone and Sonac Heparin in the Food Ingredients segment. Net sales are recognized when the Company ships the finished product to the customer and control has been transferred. Service revenues are recognized in net sales when the service has occurred.

Long-Term Performance Obligations. The Company from time to time enters into long-term contracts to supply certain volumes of finished products to certain customers. Revenue recognized in 2020 and 2019 under these long-term supply contracts was approximately $54.0 million and $41.0 million, respectively, with the remaining performance obligations to be recognized in future periods (generally 2 years) of approximately $168.6 million.