Business Segments (Tables)

12 Months Ended

Jan. 02, 2021

Segment Reporting [Abstract]

Business Segment Profit/(Loss)

Business Segments (in thousands):

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Corporate		Total
Fiscal Year Ended January 2, 2021
Net Sales	$	2,072,104	$	1,185,701	$	314,118	$	—	$	3,571,923
Cost of sales and operating expenses	1,544,524		920,682		223,609		—		2,688,815
Gross Margin	527,580		265,019		90,509		—		883,108
Loss (gain) on sale of assets	19		482		(75)		—		426
Selling, general and administrative expense	209,748		97,406		16,014		55,328		378,496
Restructuring and asset impairment charges	—		—		38,167		—		38,167
Depreciation and amortization	221,187		83,752		34,218		11,021		350,178
Equity in net income of Diamond Green Diesel	—		—		315,095		—		315,095
Segment operating income/(loss)	96,626		83,379		317,280		(66,349)		430,936
Equity in net income of other unconsolidated subsidiaries	3,193		—		—		—		3,193
Segment income/(loss)	99,819		83,379		317,280		(66,349)		434,129
Total other expense									(80,510)
Income before income taxes									$	353,619
Segment assets at January 2, 2021	$	2,708,922	$	1,335,769	$	1,160,132	$	408,508	$	5,613,331

	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 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 asset 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

Business Segment Property, Plant and Equipment

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

	January 2, 2021		December 28, 2019		December 29, 2018
Capital expenditures:
Feed Ingredients	$	176,530	$	229,415	$	237,215
Food Ingredients	68,250		85,501		51,659
Fuel Ingredients	30,638		23,964		27,121
Corporate Activities	4,697		20,618		5,901
Total (a)	$	280,115	$	359,498	$	321,896

(a)    Excludes capital assets acquired by acquisition in fiscal 2020 and fiscal 2018 of approximately $18.4 million and $31.6 million, respectively.

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 2020		FY 2019
	Long-Lived Assets		Long-Lived Assets
North America	$	3,056,047	$	2,991,537
Europe	1,357,070		1,228,807
China	127,549		124,874
South America	74,720		73,477
Other	10,951		9,275
Total	$	4,626,337	$	4,427,970