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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 77,741 $ 81,617
Restricted cash 177 103
Accounts receivable, less allowance for bad debts of $9,340 at July 3, 2021 and $10,815 at January 2, 2021 433,441 405,387
Inventories 428,203 405,922
Prepaid expenses 58,648 47,793
Income taxes refundable 2,636 3,883
Other current assets 21,734 42,289
Total current assets 1,022,580 986,994
Property, plant and equipment, less accumulated depreciation of $1,787,515 at July 3, 2021 and $1,702,123 at January 2, 2021 1,846,814 1,863,814
Intangible assets, less accumulated amortization of $539,935 at July 3, 2021 and $568,086 at January 2, 2021 439,035 473,680
Goodwill 1,245,549 1,260,240
Investment in unconsolidated subsidiaries 1,037,436 804,682
Operating Lease, Right-of-Use Asset 165,034 146,563
Other assets 61,000 60,682
Deferred income taxes 15,875 16,676
Total assets 5,833,323 5,613,331
Current liabilities:    
Current portion of long-term debt 41,603 27,538
Accounts payable, principally trade 264,447 255,340
Income taxes payable 25,096 17,497
Operating Lease, Liability, Current 40,228 39,459
Accrued expenses 320,838 335,471
Total current liabilities 692,212 675,305
Long-term debt, net of current portion 1,393,798 1,480,531
Operating Lease, Liability, Noncurrent 126,527 109,707
Other non-current liabilities 115,510 117,371
Deferred income taxes 321,466 276,208
Total liabilities 2,649,513 2,659,122
Commitments and contingencies
Stockholders’ equity:    
     Common stock, $0.01 par value; 250,000,000 shares authorized; 171,587,023 and 169,880,238 shares issued at July 3, 2021 and January 2, 2021, respectively 1,716 1,699
Additional paid-in capital 1,617,953 1,597,429
     Treasury stock, at cost; 9,536,153 and 7,679,849 shares at        July 3, 2021 and January 2, 2021, respectively (277,611) (151,710)
Accumulated other comprehensive loss (268,754) (252,433)
Retained earnings 2,045,272 1,696,924
Total Darling's stockholders’ equity 3,118,576 2,891,909
Noncontrolling interests 65,234 62,300
Total stockholders' equity 3,183,810 2,954,209
Total liabilities and stockholders' equity $ 5,833,323 $ 5,613,331