Investment in Unconsolidated Subsidiary (Tables)

3 Months Ended

Apr. 03, 2021

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Selected financial information for the Company's DGD Joint Venture is as follows (in thousands):

(in thousands)	March 31, 2021		December 31, 2020
Assets:
Total current assets	$	477,840	$	383,557
Property, plant and equipment, net	1,437,905		1,238,726
Other assets	39,171		36,082
Total assets	$	1,954,916	$	1,658,365
Liabilities and members' equity:
Total current portion of long term debt	$	562	$	517
Total other current liabilities	177,594		99,787
Total long term debt	8,702		8,705
Total other long term liabilities	8,722		3,758
Total members' equity	1,759,336		1,545,598
Total liabilities and members' equity	$	1,954,916	$	1,658,365

	Three Months Ended
(in thousands)	March 31, 2021		March 31, 2020
Revenues:
Operating revenues	$	431,633	$	358,615
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	215,234		151,347
Depreciation, amortization and accretion expense	11,687		11,774
Total costs and expenses	226,921		163,121
Operating income	204,712		195,494
Other income	58		461
Interest and debt expense, net	(320)		(315)
Net income	$	204,450	$	195,640